Weekly Real Estate News
The Trump Organization is teaming with Dar Global, the international arm of the Saudi Arabian developer Dar Al Arkan, to launch Trump International Hotel Maldives, the brand’s first property in the Republic of Maldives.
Located 25 minutes by speedboat from the capital city of Malé, the Trump International Hotel Maldives will feature approximately 80 ultra-luxury beach and overwater villas. The resort is set to open by the end of 2028.
The project will also mark the first time that the company is tokenizing the development of a luxury hospitality project. Unlike previous models that tokenize completed assets, this initiative tokenizes the development phase itself, offering investors the opportunity to participate in the project from inception.
Eric Trump, executive vice president of The Trump Organization, stated, “This development will not only redefine luxury in the region but also set a new benchmark for innovation in real estate investment through tokenization.”
Ziad El Chaar, CEO of Dar Global, added: “Dar Global continues to push boundaries, from developing world-class destinations to pioneering new investment structures. Tokenizing the development of Trump International Hotel Maldives marks a global first that blends luxury, innovation, and technology in a way that will transform how the world invests in hospitality.”
