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DAR GLOBAL AND ART DISTRICT REAL ESTATE DEVELOPMENT ANNOUNCE 'MAD', MUSCAT'S MARINE, ART & DIGITAL DISTRICT
Dar Global (LSE: DAR), the London-listed luxury real estate developer, in partnership with Art District Real Estate Development, today announced the start of the collaboration to launch and develop 'MAD', Muscat Marine, Art & Digital District, a transformative new coastal destination that integrates oceanfront living, luxury hospitality, culture-led enterprise, and future-focused finance and digital industries.
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[{"type":"text","content":"MUSCAT, Oman, Dec. 8, 2025 /PRNewswire/ -- Dar Global (LSE: DAR), the London-listed luxury real estate developer, in partnership with Art District Real Estate Development, today announced the start of the collaboration to launch and develop 'MAD', Muscat Marine, Art & Digital District, a transformative new coastal destination that integrates oceanfront living, luxury hospitality, culture-led enterprise, and future-focused finance and digital industries.","length":469,"tagName":"p"},{"type":"image","alt":"DAR GLOBAL AND ART DISTRICT REAL ESTATE DEVELOPMENT ANNOUNCE 'MAD', MUSCAT'S MARINE, ART & DIGITAL DISTRICT","displaySize":"","headline":null,"caption":"DAR GLOBAL AND ART DISTRICT REAL ESTATE DEVELOPMENT ANNOUNCE 'MAD', MUSCAT'S MARINE, ART & DIGITAL DISTRICT","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":222,"url":"https://media.zenfs.com/en/prnewswire.com/486d273c6c23b1fc24d31e542da368c5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/J9G6Kj9NGDwsFaxaIfAJbQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/486d273c6c23b1fc24d31e542da368c5","width":400,"height":222}}},{"type":"text","content":"Located along Oman's picturesque coastline, the 'MAD' project spans over 1.5 million square meters with a gross development value of approximately OMR 1.6 billion (USD 4.2 Billion) for all development phases which will span over 12 years. It is designed to elevate the Sultanate's global standing by merging sea-view living, luxury hospitality, cultural expression, and future financial and digital sectors into one unified ecosystem.","length":455,"tagName":"p"},{"type":"text","content":"Conceived as a multi-destination city, 'MAD' brings together luxury residential communities, cultural venues, world-class marinas, curated retail, next-generation finance and business parks, and premium hotels. The district will invite affluent travelers, global investors, art collectors, tech founders and creative entrepreneurs to live, work and connect within a single, seamless experience rooted in Oman's maritime identity and economic vision.","length":461,"tagName":"p"},{"type":"text","content":"Ziad El Chaar, CEO of Dar Global, said: "'MAD' represents a defining step in how Oman's coastline...