Saudi construction giant Dar Al Arkan on Wednesday announced the launch of the SR600 million ($160 million) Mirabilia upscale residential villas with interiors by Italian fashion house Roberto Cavalli.
The project is part of its SR10 billion Shams Ar Riyadh development in the Saudi capital city, the company said in a statement.
Mirabilia, the Latin word for Marvels, presents a collection of high-end custom-built three-to-seven bedroom residential villas.
These premium residential villas overlooking Wadi Hanifa will feature interiors by Roberto Cavalli will sit within Shams Ar Riyadh, a development that comprises of residential, commercial, and mixed-use spaces.
It also features retail centres, international restaurants and cafés, green landscapes and walkways, children’s play areas, schools, clinics, government offices and mosques.
Infrastructure works investment so far exceeds SR1 billion, including two power substations and main access roads.
Yousef Bin Abdullah Al Shelash, chairman of Dar Al Arkan 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 the high-end Italian fashion house 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. 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.”
Gian Giacomo Ferraris, CEO of Roberto Cavalli Group, added: “We are 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.”
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