Major Real Estate Venture Unveiled in Jeddah
Jeddah, Saudi Arabia – The Trump Organization and Dar Global, a London-listed luxury real estate developer, have officially announced a landmark $1 billion deal for a new mixed-use community named Trump Plaza Jeddah. The announcement, made on Monday, September 29, 2025, signifies a significant expansion of the Trump brand's presence in the Kingdom of Saudi Arabia.
This ambitious project is set to rise along King Abdulaziz Road, a prominent thoroughfare in the heart of Jeddah, and represents the second collaboration between the two entities in Saudi Arabia. Their first joint venture, Trump Tower Jeddah, debuted in December 2024.
A 'Central Park-Inspired' Urban Oasis
The Trump Plaza Jeddah development is envisioned as a comprehensive urban destination, integrating various components to offer a dynamic lifestyle. Key features of the mixed-use community include:
- Premium residences
- Serviced apartments
- Grade-A office space
- Exclusive townhouses
- Retail and food outlets
A central element of the masterplan is a 'Central Park-inspired' green spine, a landscaped park designed to run the length of the development. This feature aims to infuse a 'Manhattan-style vibrancy' into the Red Sea city, creating a unique blend of luxury living, business, and leisure environments.
Statements from Leadership
Eric Trump, Executive Vice President of the Trump Organization, expressed enthusiasm for the project. He stated, 'We are honored to expand our footprint in Saudi Arabia with the Trump Plaza Jeddah. This project embodies our vision of excellence by blending world-class hospitality, modern living, and dynamic business environments. Together with Dar Global, we are creating a destination that will set a new benchmark for prestige and innovation in the Kingdom.'
Ziad El Chaar, CEO of Dar Global, highlighted the pioneering nature of the development. 'Trump Plaza Jeddah is a pioneering concept in Saudi Arabia and one of the most ambitious developments Dar Global has undertaken to date,' El Chaar commented. He added that by combining residential, serviced, and office components with a Central Park-inspired landscape, they are 'delivering a unique lifestyle destination that reflects both Manhattan's vibrancy and Jeddah's strategic role as a cultural and commercial hub.'
Strategic Expansion in the Gulf
This $1 billion project underscores the Trump Organization's continued expansion in the Gulf region. Dar Global, the international arm of Saudi Arabia's Dar Al Arkan Real Estate Development Company, has also partnered with the Trump Organization on other ventures, including a Trump International Hotel and luxury villas in Muscat, Oman, with completion anticipated in 2028.
5 Comments
Muchacha
It's impressive to see such ambitious architectural visions like a 'Central Park-inspired' spine, yet the cultural integration and genuine public accessibility of these spaces will be key to its true success.
Fuerza
On one hand, this development promises premium living and business opportunities, which is great for attracting international talent. On the other, it raises questions about affordable housing and equitable urban development in the city.
Ongania
The expansion of any major brand signifies confidence in the region, but the Trump name carries significant political baggage that could either boost or hinder its public perception in the long run.
Manolo Noriega
Another testament to the Trump Organization's global reach and success.
Fuerza
This partnership clearly aims for global prestige and luxury, which could elevate Jeddah's profile. However, ensuring that local communities genuinely benefit beyond just construction jobs will be crucial for its overall impact.