Latest news with #DurarOcta
Zawya
20-05-2025
- Business
- Zawya
Construction of Trio Isle in RAK to start in three months
Durar Octa, a joint venture between Dubai-based developer Durar and development management company Octa Properties intend to appoint the main contractor for their waterfront project - Trio Isle Interiors by Missoni - on Al Marjan Island in Ras Al Khaimah within three months, a senior company official said. 'The tender process is open, with 10 contractors invited. Construction will begin in three months for completion and delivery by the first quarter of 2028,' Mohammed Miqdadi, CEO of Durar Group, said on the sidelines of an event to launch the project. While the project cost wasn't disclosed, the 704-unit project includes studios, one-bedroom, two-bedroom, and three-bedroom units with a total built-up area of 1.4 million square feet with a projected sale value of $1.5 billion. Trio Isle Interiors by Missoni comprises three buildings, Isle Block A, Isle Block B and Isle Block C, each designed in style with interiors fitted out by the luxury Italian brand. The middle block does not have studios. 'The project aims to convert from a residential building into a resort-like environment with various amenities," said the Durar CEO. "The minimum price per square foot is AED2,500, with standard sizes in blocks A and C, and larger sizes in Block B.' This is Durar Octa's second project with Missoni in Ras Al Khaimah, following the success of its Moonstone Interiors by Missoni, Ras Al Khaimah's first-ever branded residences, launched last year. 'With Moonstone Interiors by Missoni, we set the benchmark for luxury-branded residences in Ras Al Khaimah. Now, we take that success even further, introducing an elevated concept that embodies waterfront bliss while reinforcing Ras Al Khaimah's rise as a global luxury destination,' Miqdadi said. The project's design highlight is the Trio Effect – three levels of podiums, three swimming pools, three restaurants, and three lobbies – ensuring premium living and a true resort-like lifestyle, complemented by more than 25 amenities, according to a Durar Octa statement. 'As a branded residential development with a full range of resort-style features and facilities, residents will truly enjoy the lifestyle at Trio Isle,' said Fawaz Sous, CEO of Octa Development. 'Trio Isle Interiors by Missoni builds upon the remarkable success of Moonstone, offering a refined extension of the Missoni-branded residential experience – where iconic design meets exclusive waterfront luxury,' added Alberto Caliri, Creative Director at Missoni. (Reporting by Bhaskar Raj; Editing by Anoop Menon)
Zawya
04-03-2025
- Business
- Zawya
Durar Octa, Missoni to develop RAK waterfront project
Durar, a leading property development group in UAE, has teamed up with Octa Properties, a premier development management firm, to jointly develop Trio Isle Interiors by Missoni, a venture of the iconic Italian brand, in Ras Al Khaimah. This is Durar Octa's second project with Missoni in Ras Al Khaimah, following the success of its Moonstone Interiors by Missoni launched last year. A key waterfront development, Trio Isle Interiors by Missoni comprises three striking buildings, each designed with top-class aesthetics and impeccable finishes, with interiors fitted out by the luxury Italian brand. Trio Isle Interiors by Missoni will offer exclusive residential units with a mix of one- to three-bed apartments along with several premium amenities. Residents will enjoy the 'TRIO effect' – three levels of podiums, three swimming pools, three restaurants, and three lobbies – ensuring premium living and a true resort-like lifestyle, complemented by more than 25 amenities, said Durar Octa in a statement. The iconic Italian brand, known for its eye-catching style that combines bold colours and graphics with geometric shapes, will offer a harmonious blend of refined living within a pristine waterfront setting on Al Marjan Island, it stated. The island is a marvel of modern engineering, extending 4.5 km into the sea and covering an area of 2.7 million sq m. Missoni CEO Livio Proli said: "We're pleased to be working with Durar OCTA again on this second project together in Ras Al Khaimah. Our collaboration has been rewarding, and we're looking forward to contributing to the growth of this dynamic real estate sector with another unique development." Mohammed Miqdadi, General Manager of Durar Group, said, 'Trio Isle Interiors by Missoni on Al Marjan Island represents an outstanding opportunity for residents, holidaymakers, and investors in Ras Al Khaimah, offering an unrivaled lifestyle destination with world-class design and exceptional amenities in one of the emirate's most sought-after locations.' Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
04-03-2025
- Business
- Trade Arabia
Durar Octa, Missoni to develop RAK waterfront project
Durar, a leading property development group in UAE, has teamed up with Octa Properties, a premier development management firm, to jointly develop Trio Isle Interiors by Missoni, a venture of the iconic Italian brand, in Ras Al Khaimah. This is Durar Octa's second project with Missoni in Ras Al Khaimah, following the success of its Moonstone Interiors by Missoni launched last year. A key waterfront development, Trio Isle Interiors by Missoni comprises three striking buildings, each designed with top-class aesthetics and impeccable finishes, with interiors fitted out by the luxury Italian brand. Trio Isle Interiors by Missoni will offer exclusive residential units with a mix of one- to three-bed apartments along with several premium amenities. Residents will enjoy the 'TRIO effect' – three levels of podiums, three swimming pools, three restaurants, and three lobbies – ensuring premium living and a true resort-like lifestyle, complemented by more than 25 amenities, said Durar Octa in a statement. The iconic Italian brand, known for its eye-catching style that combines bold colours and graphics with geometric shapes, will offer a harmonious blend of refined living within a pristine waterfront setting on Al Marjan Island, it stated. The island is a marvel of modern engineering, extending 4.5 km into the sea and covering an area of 2.7 million sq m. Missoni CEO Livio Proli said: "We're pleased to be working with Durar OCTA again on this second project together in Ras Al Khaimah. Our collaboration has been rewarding, and we're looking forward to contributing to the growth of this dynamic real estate sector with another unique development." Mohammed Miqdadi, General Manager of Durar Group, said, 'Trio Isle Interiors by Missoni on Al Marjan Island represents an outstanding opportunity for residents, holidaymakers, and investors in Ras Al Khaimah, offering an unrivaled lifestyle destination with world-class design and exceptional amenities in one of the emirate's most sought-after locations.'
