On the back of the sell out of the first Trump Tower in the GCC. We take a closer look at the investment potential of Jeddah – Saudi Arabia
Off Plan Dubai capped off 2024 and entered 2025 with over 50m SAR of investments placed into the Trump Tower Jeddah. It was the first property launch in Jeddah, which was freehold and open to foreign investment. Many factors are at play as to why so many institutions, private/family offices and HNW investors consider Jeddah an investment hotspot and why it is a vital addition for any diverse property portfolio over the next 20 years.
Firstly, Dar Global is leaving a trail the world over. Whether it is Lamborghini Villas in Marbella, Cliff Top mountain apartments in Oman, or Elie Saab apartments in Qatar, it’s a real estate trailblazer that is difficult to ignore. They currently have 9BN under assets, with growth expansions in the Kingdom at the very forefront of the next phase of global expansion. Early 2024, we got a glimpse of their alignment with the Trump organisation, leading to the first Trump Tower to enter the GCC in Q4 of 2024. Fast forward to early 2025 and we are now at a full capacity sell out.
So why Jeddah?
Booming Real Estate Market – Jeddah is developing significantly, with new residential, commercial, and tourism projects boosting property values.
Strategic Location: As the gateway to Mecca and a major Red Sea port, Jeddah benefits from strong business and tourism traffic.
Vision 2030 Development: Saudi Arabia’s economic diversification plan drives infrastructure improvements and increases demand for high-quality properties.
Growing Tourism & Hospitality Sector: Jeddah hosts international events and attracts religious and leisure tourists, expanding short-term rental opportunities.
Diverse Property Options: Whether looking for high-end apartments, villas, or commercial properties, Jeddah offers many choices.
Infrastructure & Lifestyle Improvements: New metro projects, luxury malls, and waterfront developments (like Jeddah Central) make the city increasingly attractive.
High Rental Yields: Rental demand is strong, especially in central and waterfront areas, providing good returns on investment.
Jeddah fits into the Kingdom’s 2030 vision, which you will hear anytime you speak to a Saudi national or enter the country. They are extremely proud of this vision and strive to achieve it at a breakneck pace.
Vision 2030 is a strategic framework to reduce the country’s dependence on oil, diversify the economy, and enhance public services. The vision centers around three main pillars:
1. A Vibrant Society
This pillar focuses on improving quality of life, cultural and entertainment opportunities, and national identity. Key aspects include:
Developing the tourism sector, including NEOM, Red Sea Project, and Qiddiya
Expanding cultural and entertainment venues
Preserving Saudi heritage and historical sites
Enhancing healthcare and education
2. A Thriving Economy
Many factors will influence a dynamic and diversified economy:
Increasing private sector contribution
Encouraging foreign direct investment (FDI)
Supporting small and medium enterprises (SMEs)
Boosting local content in industries
Enhancing financial markets.
3. Developing National Services through unrivaled Ambition
This pillar focuses on governance, transparency, and efficiency in the public sector. Key initiatives include:
Digital transformation of government services
Improving legal and regulatory frameworks
Strengthening national identity and civic engagement
The plan includes mega projects like NEOM, The Line, Diriyah Gate, and Jeddah Central, which aim to attract global investors. Given your interest in Jeddah’s real estate, Vision 2030 is expected to significantly boost property values through infrastructure and tourism development.
If you want to know more about the individual projects, fill out the contact form below.
Trump Tower JeddahTrump Tower Jeddah
The city’s largest retreat
Dubai Hills Estate Park is the central focus point of the master community and has wowed investors and end-users who are looking to enter it. Up until now, details have been limited, but we finally got the full briefing of what to expect in this masterpiece of social living.
Spanning nearly 180,000 sqm – four times the size of Place de l’Étoile in Paris – Dubai Hills Park is a lush green haven at the heart of Dubai Hills Estate. With features and amenities that will elevate the well-being of all residents of Dubai Hills Estate, it is bound to become as iconic as Central Park in New York.
Key Features
Stretching Across 176,300 M²
Longest Park Of Any Residential Community
3 Dedicated Event Spaces
1,800 Trees & Palms
Children’s Play Area:
Dragon Adventure Playground
Trampoline Playground
Junior Skate Park
Bounce Park
Activities For All Ages:
Weekend Markets
Glice Rink
Cafe Pavillion
Skate Park
Embrace a healthier lifestyle with all of these sports activities:
34,000 M2 of Green Area
2.5KM Jogging Track
Beach Volleyball
Paddle Tennis
Fitness Zone
Dog Park
Basketball
Football
Table Tennis
Q2 2019 saw the first residents move into Dubai Hills Estate in Mulberry 1 and Mulberry 2. The Golf Course opened in 2018, and the park and business park are set to open in 2019. Then, to cap things off, in 2020, we will see the arrival of over 2 million sq ft of Retail Indulgence in the opening of Dubai Hills Estate Mall.
Dubai Hills Estate is set to become the most complete masterplan in Dubai and the proclaimed greenest community in the center of Dubai.
If you want to know more about the individual projects, fill out the contact form below.
Knightsbridge Dubai Luxury Property Roadshow
We are delighted to present an exclusive VIP invitation to our Dubai preview weekend in partnership with DAR Global at their prestigious Knightsbridge office in Central London.
Join us on Friday 14th & Saturday 15th of July and meet with a dedicated DAR / Off Plan Dubai sales agent, view models of the developments and discuss potential investment opportunities in Dubai. All with exclusive event-only discounts and payment terms.
Venue: Knightsbridge Dubai Join us on Friday 14th & Saturday 15th July 2023
Off Plan Dubai LTD are one of the leading UK agents for Dubai and has helped thousands of UK Residents enter the lucrative Dubai property market over the last 8 years. On the weekend of 14/15 July, we will be hosting a 5* VIP invite-only property roadshow in partnership with leading Dubai developer DAR Global at their prestigious Knightsbridge office.
There will be models, floor plans, and agents both located in Dubai and London here for the weekend to help walk you through the best developer in Dubai and London.
DAR have taken the global real-estate sector by storm and everyone knows how strongly we recommend them for investment in Dubai.
Projects we can look at in full detail will include:
DG1 – Downtown Dubai
W Residences – Downtown Dubai
Urban Oasis by Missoni – Business Bay
Da Vinci Tower by Pagani – Business Bay
Tierra Viva Lamborghini Villas – Marbella
Exclusive London Launchs coming up
The Dubai stock, bar DG1 is all branded, mid to high-end investments starting around the 600K GBP mark but with potential for extreme growth on appreciation and strong yields on both short-term and long-term rentals.
On the weekend expect:
One-time-only price offers
Exclusive Payment Plans (Some Post-Handover)
Tailored expert advice
Food and refreshments from 5* London restaurant
Zoom meetings available for International Clients
If you are in London on Friday 14th of July or Saturday 15th of July and would like access to the best deals in the UAE which will only be available on these days reply to this email to book an available time slot. If you are overseas but would still like to avail of these offers and receive a full presentation we can book Zoom meetings as well.
*This is a 5* VIP event all guests will be pre-qualified before acceptance to the event, thanks for your understanding*
The old adage has always been to ‘sell high and buy low’. UBS Swiss leading bank has again done a fantastic job in Global Real Estate Bubble Index for 2019.
It allows investors to take a look at 24 prominent property market and such which areas are over-valued, all the way down to under-valued.
Dubai’s housing market, which was included for the first time, is fairly priced, the report found.
“After peaks in Dubai’s housing market in 2008 and 2014, prices have fallen by almost 35 per cent,” Ali Janoudi, head Central and Eastern Europe, the Middle East and Africa at UBS Global Wealth Management, said.
“We expect prices to find a bottom soon but we would still encourage all investors to be diligent in their real estate research,” he added.
We have long stated this market represents a fantastic opportunity, developer concession, price reductions, post-handover payment-plans…. the list goes on.
Markets go up and down and purchasing on the right curve is essential. there has never been a better time to get on the housing ladder or to further an investment portfolio.
I strongly recommend reading the full report on the link above.
Samuel Dawson Managing Director
Dear Investors,
I hope you are well and as Cityscape officially launches the Real Estate season in Dubai. Emirati astronaut Hazza AlMansoori is set for departure and cement his place in history as the first man from the UAE to go to the space station. At Off Plan Dubai we would just like to wish him all the best and congratulate all of our loyal Emirati’s on this fantastic occasion!
Cityscape marks the promotion and release of projects from developers and is always a turning point of the year when investors enter the market in numbers due to fantastic concessions and the buzz around the market at this time.
This year I am glad to see no new launches from Emaar, just an extra-special promotion on its existing inventory. The inventory though has been updated and previously unavailable units are available for this two day period.
We are pleased to announce “The Unstoppable Offer” by Emaar for which customers can avail special benefits for purchasing from select projects (attached are the projects under this offer).
The Unstoppable Customer Offer:
25/75 3-Year Post Completion Payment Plan
100% DLD Waiver
3-Year Service Charge Waiver
One Pass By Emaar (exclusive access to: Dubai Aquarium & Underwater Zoo, Dubai Ice Rink, VR Theme Park, KidZania, Reel Cinemas and The Burj Club)
3 Night stay at 5* Luxury Address Hotel and Resort
Making It Work For You:
The four 5% payments to get to handover, with our Alliance relationship with Emaar, we can help you to move them to whenever your cash flow situation is best, within reason.
If you are looking to expand your property portfolio and enter the Dubai market before 2020 allow us to negotiate this for you with Emaar’s senior management.
Projects Included:
All the luxury buildings and masterplans are available and we have been able to cherry-pick the best options. (Ready units are available on the offer in Dubai Hills / Creek and Downtown)
If this offer appeals to you and you have been thinking about investing with Emaar there has NEVER been a better time.
Post-handover terms are due to finish, allow us to set up a full investment plan for yourself and maximise your returns.
Regards
Samuel Dawson (Managing Director) UK Dial +447595715264 UAE (Whatts App) +971551479618
As we enter Q3 in 2019 news has emerged of several Government initiatives which are aiming to stabilise the Dubai property market through a number of means.
The emirate’s ruler Sheikh Mohammed Bin Rashid Al Maktoum said in a tweet he wanted the committee to ensure that “semi-government real estate companies in Dubai won’t compete with private-sector investors.”
The Dubai Real Estate Regulatory agency has now also confirmed that it will oversee all responsibility of Escrow accounts from developers whilst also accrediting the financial institutions qualified to manage them.
The main issue for the market, investors, observers and everyone in-between is the feeling of an over-supply with the anticipated units that are set to hit the market going to reduce rents that have already seen a decrease in recent years.
The committee though has been set up to regulate this problem though and with details still not fully understood, its main aim is to reduce the problem of over-supply. The committee will have to think long and hard about how to do this but limiting launches and making sure each new project when it is launched adds real value to the market then that would be a fantastic start.
Dubai recorded 109 Billion AED worth of transactions for the first five months of the year, this is an increase of 12% year on year and was released by Dubai Land Department last Tuesday (September 2019) Full Press Release
Investors are entering the market for several reasons, one of the main ones is the amazing terms offered by the leading developers. Post-handover payment terms being the main one, these for the lower end developers are simply just not possible from a cash flow perspective. The larger developers can accommodate them but they are extremely rare in the higher end developments and investors have been seen to take advantage of them.
A prime example is Bluewaters by Meraas, none of the available apartments could be purchased Off-Plan, a purposeful marketing tactic, but now ready the island has also opened up the retail sector as well as the upcoming grand opening of Dubai-Eye (The worlds largest observational wheel). They are offering the chance to move in straight away with a five-year post-handover payment plan as they want to get extremely high residency and make more income from the retail sector on the island itself. There has literally never been a better opportunity to purchase something as grand as a luxury apartment there with better terms and the opportunity to make a profitable investment.
Opportunities are always aplenty in a buyers market and the recent launches from the developers have seen ground-breaking initiatives, such as the holiday home platform from Ease by Emaar. Aligning with the right knowledge partner in a market like this has never been more important.
Markets go up and down and cycles are part of investing. The key to every purchase is the unit itself, is it the best possible unit you could get and if it is, it should depreciate the least in a negative market and rise the most in a growing one.
I personally could not be more excited for Q3/4 2019 and the start fo 2020.
Regards,
Samuel Dawson (Managing Director)
Dear investors hope you are all well and this email finds you fully refreshed in whichever industry you are in.
82% of all of our sales in the last 5 years have been to international investors. There is a multitude of reasons for that, not least being we are Emaar’s leading international Alliance partner, but one of the main reasons is the residency visa and the access this gives to the UAE banking system.
There are lots of misconceptions regarding this path to residency so I thought I would explain everything in full so you can use it and apply it how you see fit.
The Taskeen Program is the investment program that allows investors to register for residency when they purchase a property equivalent or exceeding the value of 1 MILLION AED (1,000,000 AED). The service provided is a straightforward one but it is important to understand all of the details when looking to gain residency through this means.
The requirements are as follows:
The property must be owned by the applicant, be residential so a flat or a villa and finally the title deed be issued by the Dubai Land Department.
Property location MUST be in a freehold area
Property value MUST be at 1 million AED or above
If the investor wishes to mortgage the property, 50% of the property must be paid as you are required to provide a loan statement from the bank and NOC (Non-Objection Certificate) to apply for the investment visa.
the property must be on an extended lease of 99 years. It must be fully purchased indefinitely.
Investment Visa Documentation Requirments:
Passport and Title Deed Copy
Copy of current visa
Personal Photo size 6×4
The investor must obtain a Good Conduct Certificate (GCC) from the General Department of Criminal Investigations at the Dubai Police Headquarters.
If the investor has mortgaged the property a NOC is needed from the bank provider. The NOC MUST be in Arabic and attached to a stamped statement from the bank for the loan.
Once all of the above has been completed. The investor will apply and submit all documents to the Real Estate Investment Promotion and Management Center customer service department. Once submitted the investor will receive an SMS within 3-10 working days stating an initial approval. If you do not receive an SMS within 10 working days you are required to visit the Dubai Land Department.
After the initial approval, the investor is required to pay 8420 AED for the residence license. Once completed the investor should check back with the Real Estate Investment Promotion and Management Center after 3 working days and bring the original title deed to link it with the residence license.
Once complete the Real Estate Investment Promotion and Management Center will transfer the application to the General Directorate of Residency and Foreign Affairs. This department is located within the Dubai Land Department on the Second Floor. Here they will type the full visa application and issue a permit of entry.
The Residency Visa is valid for TWO YEARS and is renewable thereafter. There is NO CAP on the number of times an investor can renew the VISA.
The investor can also apply for residency for their spouse and children
Access to the UAE banking system with this Residency Visa
In case the investor is not in the country to complete the above and Power Of Attorney can be provided. It should be mentioned in the POA statement that they are wanted to ‘complete the visa process’.
The investor is NOT eligible to work on the Investment Visa if you are wanting to work this visa would be cancelled and then a new working visa would be issued.
Taskeen Fees:
Application fee: 954 AED
Application completion fee after approval 14517 AED
If the investor is over the age of 65 the completion fee is 19084 AED
Lets Talk:
Post-handover payment terms will not last forever if you are thinking of purchasing there has never been a better time. We are due to send out an exclusive offer on BLuewaters with Meraas and have a collection of units just above the 1.0 million AED mark if the visa is of interest.
Drop me an email on my personal email sam@offplandubai.ae and I will work with you on any requirements that you may have.
Regards,
Samuel Dawson (Managing Director) UK Dial +447595715264 UAE (Whatts App) +971551479618
Get in touch
Dubai Office
Off Plan Dubai
Suite: 508, Fairmont, Sheikh Zayed Road, P O Box 75671, Dubai, UAE