Trump Plaza Jeddah: $1 Billion Mixed-Use Project

Dar Global and The Trump Organization announced Trump Plaza Jeddah, a $1 billion mixed-use project in central Jeddah and the partners’ second Saudi venture after Trump Tower Jeddah. The 28,000-sqm development, inside Dar Al Arkan’s 1‑million‑sqm “Manhattan” masterplan on King Abdulaziz Road, will include a few hundred premium residences, serviced apartments, exclusive townhouses, curated retail and dining, and roughly 200,000 sq ft of Grade-A office space arranged around a Central Park–style green spine. Dar Global says construction is expected to begin in Q4 2025 with projected completion in 2029, subject to municipal approvals and market conditions. Dar Global will handle development, sales and operations while the Trump brand supplies international prestige, according to executives including Dar Global CEO Ziad El Chaar and Eric Trump. The announcement underscores Saudi Arabia’s luxury real estate boom and Vision 2030–driven infrastructure push and follows the Trump Organization’s recent branded projects across Gulf cities such as Doha, Dubai and Riyadh.