Dar Al Arkan, a leading real estate developer in Saudi Arabia, has announced the launch of its SR600-million ($160 million) Mirabilia upscale residential villas within the Shams Ar Riyadh development.

Strategically located on King Khalid Road, the SR10-billion ($2.6 billion) Shams Ar Riyadh is a premium development and is the first-of-its-kind in Saudi Arabia being designed as a world-class 'city within a city,' said the developer in a statement.

The fashionable five million sq m project comprises residential, commercial, and mixed-use spaces incorporated with the finest facilities for an exclusive lifestyle, overlooking the stunning views of Wadi Hanifa, which adorns its gardens, parks and walkways, it stated.

These residential units will have interiors by Italian fashion house Roberto Cavalli, it added.

A ceremony was organised in Riyadh to launch this high-profile development and partnership with Italy’s topmost luxury fashion brand.

It was attended by Yousef bin Abdullah Al Shelash, the chairman of Dar Al Arkan, Gian Giacomo Ferraris, the CEO of Roberto Cavalli Group, who flew into Riyadh especially for the occasion, in addition to a number of government officials, diplomats, dignitaries and investors.

Mirabilia, or “Marvels” in Latin, presents a collection of high-end custom-built three- to seven-bedroom residential villas that range from 300 sq m to 1600 sq m in Shams Ar Riyadh.

Dar Al Arkan said these premium residential villas overlooking Wadi Hanifa will feature the finest architectural designs and the ultimate expression of fashion interiors by Roberto Cavalli.

The floor-to-ceiling glass walls provide panoramic views of the lush green vistas of Wadi Hanifa to blend with Roberto Cavalli interiors inspired by wildlife and nature, in a fusion of universal harmony.

Shams Ar Riyadh is a self-contained community that expresses luxury and distinction in each of its components; residential, commercial, educational, medical, recreational and religious.

It features vibrant retail centres, the finest international restaurants and cafés by world-famous culinary legends overlooking the wonderful Wadi Hanifa, lush green landscapes and walkways, children’s play areas, schools, clinics, government offices and mosques, said the Saudi developer.

Dar Al Arkan said it has so far invested more than SR1 billion ($266 million) to boost the infrastructure, including setting up of two power substations as well as main access roads.

Saudi Basic Industries Corporation (Sabic) had recently entered into a strategic partnership with Shams Ar Riyadh to create an exceptional residential ambiance for its employees and their families.

The Sabic residential complex boasts 600 fully equipped residential units built on a 1.8-million-sq-m area. Many of Sabic’s team members moved in starting 2017.

On the new project, Al Shelash said: "Mirabilia will redefine luxury living, offering its residents exclusive experiences right here in Riyadh, in this vast unique landscape that combines meticulously curated urban indulgence from Roberto Cavalli with the alluring Wadi Hanifa’s marvels."

"Mirabilia’s new blueprint will set the tone for this amazing region in the capital, Riyadh," stated the Saudi developer.
 
"I am particularly delighted with our partnership with the Roberto Cavalli Group, which encapsulates the true meaning of high-end luxury and is an embodiment of beauty, design and artistry," he added.

Ferraris said the high-end luxury brand was thrilled to be entering for the first time as a group to the real estate sector in Saudi Arabia through such a futuristic project that personifies modern extravagance.

"The wild beauty of Wadi Hanifa, combined with the sophistication of the architecture and landscape designs, modern living and fascinating panoramic inside-out sceneries of Mirabilia, will help our designs break the rules once again to present a collection of individual, exotic styles and experiences to sophisticated Saudi families and investors who have selected the wonders of Mirabilia as their home of choice," he added.-TradeArabia News Service