At Off Plan Dubai, we closely track capital flows, policy shifts, and structural reforms across the GCC that shape long-term investment opportunities. Saudi Arabia’s decision to fully open its capital markets to foreign investors from 1 February represents one of the most important financial reforms in the region in recent years — and one that global investors should pay close attention to.
Saudi Arabia is entering a new phase in its financial market development. From 1 February, the Kingdom will fully open its capital markets to foreign investors, allowing direct access to Saudi-listed equities without the previous qualification barriers. This is a landmark step that brings Saudi Arabia closer to global market standards and reinforces its ambition to attract long-term international capital under Vision 2030.
A Major Shift in Market Access
Until now, foreign participation in Saudi equities has largely been channelled through the Qualified Foreign Investor (QFI) framework or through indirect instruments such as swaps and funds. These routes allowed exposure, but they also added complexity and limited flexibility.
From February, those restrictions fall away. Foreign investors will be able to open brokerage accounts, buy and sell Saudi-listed shares directly, and hold them in their own name, broadly on the same footing as local investors. In practical terms, this makes the Saudi market easier to access, easier to understand, and far more attractive to a wider range of global investors.
Why Saudi Arabia Is Doing This
The opening of the capital markets is not a standalone decision. It fits squarely within Saudi Arabia’s broader economic strategy, which aims to:
Diversify the economy beyond oil
Deepen and modernise financial markets
Attract stable, long-term foreign capital
Improve liquidity and transparency across Tadawul
Saudi Arabia already has the largest stock market in the Middle East, but policymakers see deeper foreign participation as essential to improving efficiency, valuation discipline, and global integration.
How This Could Affect the Market
Increased liquidity is one of the most immediate potential benefits. As more international investors participate, trading volumes should rise, and pricing should become more efficient. Over time, this can reduce volatility and narrow bid–ask spreads.
Broader institutional interest is also expected. Pension funds, asset managers, sovereign wealth funds, and global ETFs often require simple, direct access to markets. Removing qualification hurdles makes it easier for these investors to allocate capital to Saudi equities.
Improved sentiment and valuation support may follow. While market reactions are rarely instant, greater accessibility tends to support higher participation and stronger long-term demand, particularly for large, liquid Saudi companies.
In the medium term, the reform also strengthens Saudi Arabia’s position in global equity indices. If foreign ownership limits are relaxed further in the future, this could unlock additional passive inflows from global index trackers.
Can Foreign Investors Take Profits Out of Saudi Arabia?
Yes — this is a critical point for international investors.
Foreign investors will be able to repatriate capital freely, including:
Proceeds from selling shares
Dividend income
Investment profits
There are no special profit-locking rules tied to the previous QFI system. Ownership of listed shares comes with full economic rights, including the ability to move funds out of the Kingdom through approved banking channels.
As with any international investment, investors should still consider:
Local withholding or transaction taxes (where applicable)
Tax treatment in their home country
Currency considerations
However, from a regulatory standpoint, Saudi Arabia’s framework now aligns closely with international norms.
How Foreign Investors Can Access the Saudi Market
With the new rules in place, access becomes much simpler. Investors can typically participate through:
International brokerages that offer direct access to Tadawul
Local Saudi brokers with foreign client onboarding
Saudi-focused ETFs and funds listed internationally
For larger institutions, custody and settlement arrangements are already well established, while retail and high-net-worth investors will find the process more straightforward than ever before.
Looking Ahead
The opening of Saudi Arabia’s capital markets is a clear signal of confidence and ambition. While the immediate impact may unfold gradually, the long-term implications are significant. Greater foreign participation supports liquidity, transparency, and market depth — all key ingredients for a mature, globally integrated financial market.
For international investors looking at emerging markets, Saudi Arabia is no longer a difficult market to access or exit. It is positioning itself as a mainstream destination for global capital, with clear rules, improving infrastructure, and the freedom to invest — and realise profits — with confidence.
This reform also complements parallel openings in real estate, business ownership, and residency, reinforcing Saudi Arabia’s message that it is open for long-term international investment.
Off Plan Dubai Perspective
From our perspective at Off Plan Dubai, the full opening of Saudi Arabia’s capital markets is about more than equities. It signals a broader shift toward openness, capital mobility, and international alignment — themes we are also seeing play out in Saudi real estate, master‑planned communities, and large-scale mixed‑use developments.
As Saudi Arabia deepens its financial markets, it strengthens investor confidence across asset classes. Historically, transparent and accessible capital markets tend to move in tandem with stronger real estate fundamentals, improved liquidity, and greater participation from global institutions and private investors alike.
For investors evaluating opportunities across Dubai, Abu Dhabi, and Saudi Arabia, this reform reinforces the Kingdom’s direction of travel: toward a more investable, globally connected economy. At Off Plan Dubai, we continue to monitor these shifts closely to help our clients understand not just where opportunities exist today — but where capital is likely to flow next.
The Saudi Arabian real estate market is entering a pivotal year in 2026, driven by regulatory reforms, urban growth, and the ambitious Vision 2030 initiatives. For the first time, foreign nationals can directly purchase property in many parts of the kingdom, opening up unprecedented opportunities for investors seeking both rental income and capital appreciation.
This guide provides a comprehensive look at the property market in Riyadh and Jeddah, covering:
Market fundamentals
Rental yields and price appreciation
Investment strategies for 2026
Practical guidance for navigating this dynamic market
Whether you are a first-time investor or expanding your portfolio, this article provides actionable insights to make informed decisions.
Why 2026 is a Turning Point
Foreign Ownership Opens New Opportunities
Starting in 2026, Saudi Arabia will allow foreign buyers to own residential, commercial, industrial, and agricultural property in most regions, with certain strategic areas remaining restricted. This reform is expected to:
Increase market liquidity
Attract global investment
Enhance transparency and confidence in property transactions
These changes make Saudi Arabia a fascinating destination for both local and international investors.
Market Fundamentals: Growth, Demand & Supply
Saudi Arabia’s population is expanding rapidly, and urbanisation trends are creating strong demand for residential and commercial property, particularly in Riyadh and Jeddah. Vision 2030 mega-projects and infrastructure development further support long-term growth in property values.
Riyadh at a Glance
Riyadh is the largest real estate market in Saudi Arabia.
The corporate and government sectors support residential demand.
Limited supply in central districts continues to push property prices and rents upward.
Jeddah at a Glance
Jeddah offers a stable investment environment, with consistent demand for apartments and villas.
Coastal and central neighbourhoods are desirable for both residents and expatriates.
Long-term forecasts indicate steady price growth as infrastructure and tourism projects progress.
Rental Yields: Maximising Income Potential
Riyadh Rental Yields
Riyadh’s prime neighbourhoods offer gross rental yields of around 8.8–9%, driven by high demand from corporate tenants and expatriates. Central and northern districts show the most substantial income potential for residential property investors.
Jeddah Rental Yields
Jeddah yields an average of 7.8–8% in prime areas, with coastal and centrally located properties attracting strong, consistent rental demand.
Yield Comparison
Compared to global benchmarks, Saudi Arabia’s residential yields are highly competitive, making the market appealing for investors seeking high rental income with relatively low risk.
Capital Appreciation: Long-Term Growth
Riyadh Price Trends
Riyadh has demonstrated consistent property appreciation over recent years. With ongoing urbanisation and limited supply in key districts, moderate to high annual capital growth is expected in 2026.
Jeddah Price Trends
Jeddah is projected to see annual price growth of 5–7%, particularly in high-demand coastal and central neighbourhoods. Over the next five years, cumulative price appreciation could reach 40–50%, presenting strong long-term capital gains potential.
Investment Strategies for 2026
1. Focus on High-Demand Residential Areas
Riyadh: Central and northern districts with strong corporate rental demand
Jeddah: Coastal neighbourhoods and central areas with consistent occupancy
Properties in prime locations provide both higher yields and long-term capital appreciation.
2. Diversify Property Segments
Mid-range apartments for stable rental income
Villas and premium units for capital appreciation and higher rents
Student and professional housing near universities and business districts for reliable occupancy
Diversifying across property types allows investors to balance risk and reward effectively.
3. Monitor New Supply Waves
Upcoming residential developments in Riyadh and Jeddah could influence market dynamics. Strategic timing can help investors maximise returns before supply increases impact prices and rental yields.
4. Leverage Local Expertise
Navigating a dynamic and evolving market requires professional guidance. Working with local advisors helps investors:
Understand ownership regulations
Identify high-potential neighbourhoods
Avoid over-saturated markets
Professional support ensures investment decisions are well-informed and strategic.
Key Risks to Consider
Investors should account for potential risks:
Regulatory changes: Policies on foreign ownership and urban planning may evolve.
Market saturation: New supply could temporarily slow rental growth in some areas.
Macro-economic factors: Global oil prices and economic cycles can impact demand and yields.
Diligent due diligence and risk management are essential for protecting returns.
Conclusion
The Saudi Arabian real estate market in 2026 presents significant opportunities for investors seeking strong rental yields and long-term capital appreciation.
Riyadh offers high yields and strong demand
Jeddah provides stable growth and long-term appreciation potential
Diversification and data-driven decisions are key to maximising returns
With foreign ownership reforms and continued infrastructure development, Saudi Arabia is increasingly positioned as a must-watch investment destination in the Middle East.
Jeddah is at the forefront of many international investors. Dar Global, in partnership with the Trump Brand, are entering 2026 on the back of the success of Trump Tower in 2025 with the launch of Trump Plaza. Jeddah’s skyline is changing forever, and international and foreign investors are seeing life-changing opportunities to capitalise on the potential.
Jeddah has long stood as Saudi Arabia’s commercial gateway and its most globally connected city. For international investors, this creates unique opportunities. The market offers a wide range of properties, from modern apartments to established villa communities, while regulatory reforms are steadily moving toward transparency and formal, registry-based property rights. Specific zones and ownership rules now govern what non-Saudis can buy, making informed due diligence essential.
This guide walks foreign buyers through the legal framework, ownership rules, visa considerations, and practical steps to safely purchase property in Jeddah.
Understanding the Legal Framework for Foreign Ownership
Saudi Arabia’s property laws for non-Saudis are now structured around the updated Ownership by Non-Saudis Law and its implementing rules. These define:
Where ownership is allowed – Certain zones in cities like Jeddah and Riyadh are designated for foreign buyers.
What rights are granted – Full ownership or other property rights may apply, depending on the property type.
Ownership conditions – Caps or limitations may apply to maintain market balance.
Key Implications
Location is critical – Two identical apartments may differ in eligibility depending on the designated ownership zone.
Official registration matters – All property rights must be formally recorded in the Real Estate Registry, not just in sales agreements.
Ownership ≠ residency – Buying property does not automatically grant visas or residency privileges; these remain separate legal processes.
For official information, the Real Estate General Authority (REGA) website rega.gov.sa is a key reference.
Where Foreigners Can and Cannot Buy
Eligible Areas in Jeddah
REGA confirms that non-Saudis can buy property in specific zones of Jeddah. Buyers must verify eligibility using official geographic scope documentation rather than relying on marketing claims.
Holy Cities and Special Restrictions
Ownership in Makkah and Madinah remains heavily restricted for non-Saudis. Even properties marketed as “near” religious tourism sites should be carefully checked against municipal boundaries and zone eligibility.
Visa and Residency Considerations
Foreign buyers typically fall into three categories:
Premium Residency holders – Saudi Arabia’s Premium Residency permits can simplify banking, contracting, and identification processes. Certain residency products explicitly support property ownership.
Legally resident expatriates – Foreign individuals legally residing in Saudi Arabia may acquire property for private residence, subject to permission from the Ministry of Interior.
Corporate and investment structures – Foreign or locally incorporated companies with foreign shareholders may have specific pathways for property acquisition, requiring careful corporate structuring and regulatory compliance.
Professional guidance is essential, especially for corporate or investment-linked purchases.
What You Can Buy and Understanding Ownership Rights
Saudi Arabia distinguishes between:
Full ownership – Complete property rights recorded in the Real Estate Registry.
Other in-rem rights – Limited rights such as usufruct or easements, which may be time-bound or capped in specific zones.
Some developments may advertise “ownership” but offer long-term rights instead. Always confirm the exact legal right being transferred and its registration status.
Fees and Taxes
Real Estate Transaction Tax
All property transactions are subject to a 5% Real Estate Transaction Tax under ZATCA regulations.
Additional Non-Saudi Fee
Certain non-Saudi transactions may incur an additional 5% fee, bringing the total potential cost to 10%. Buyers should budget accordingly until their transaction path is confirmed.
Step-by-Step Purchase Process in Jeddah
Select an eligible property and verify the zone – Confirm the property falls within a non-Saudi ownership zone. Treat “should be fine” claims as insufficient.
Verify title deeds and registration – Use REGA’s Title Deed Verification e-service to ensure the property exists in the official register and the seller is authorised.
Check off-plan projects for Wafi licensing – Only purchase off-plan properties licensed under the official Wafi program.
Negotiate terms with financing and transfer in mind – Align payment schedules with legal milestones, including escrow, instalments, and handover.
Transfer ownership via Ministry of Justice (Najiz platform) – Execute transfers officially through Najiz, which centralises digital MoJ services.
Register and retain complete documentation – Keep proof of tax payments, updated registration, signed contracts, developer disclosures, and identification documents.
Essential Foreign Buyer Checklist
Documents Needed:
Valid passport and relevant Saudi residency documentation
Proof of lawful residency or Premium Residency
Bank documents verifying funds and payment routing
Company incorporation and licensing documents (if applicable)
Questions to Ask in Writing:
Is the property inside a zone eligible for my category?
What legal rights are being transferred? Full ownership or another in-rem right?
Can the title deed be verified officially?
Is the off-plan project Wafi-licensed?
What taxes and fees apply, including additional non-Saudi charges?
Common Mistakes to Avoid:
Assuming new laws allow ownership everywhere
Buying off-plan without confirming Wafi licensing
Skipping official verification of deeds
Underestimating taxes and additional non-Saudi fees
Conclusion
Investing in Jeddah real estate offers a unique opportunity for foreign buyers, but success requires careful planning, verification of zoning, and official documentation. By following the steps outlined above, buyers can confidently navigate Saudi Arabia’s evolving property market while minimising risk.
Trump Plaza Jeddah is the latest Trump-branded mixed-use project announced in Saudi Arabia’s second-largest city. Positioned within the Kingdom’s broader Vision 2030 development wave, the project taps into rising international demand for Gulf luxury real estate. Behind the brand, the development is a partnership between London-listed developer Dar Global and The Trump Organisation, which acts as the brand licensor.
For prospective buyers, investors, and market observers, understanding the dynamics behind the Trump name, the developer’s track record, and the project’s structure is essential before committing to an off-plan purchase.
What Is Trump Plaza Jeddah?
Trump Plaza Jeddah is a master-planned, mixed-use district along King Abdulaziz Road, one of Jeddah’s key urban corridors. Public descriptions indicate the development will combine:
Premium residential apartments
Serviced apartments for short- or long-term stays
Grade A office space
Townhouses
The project has been positioned as a marquee scheme valued at over $1 billion. Marketing references a larger “Manhattan” district concept, featuring a central park-like “green spine” inspired by New York City, reflecting the project’s urban design ambitions.
Who Is Behind the Development?
Dar Global and Its Saudi Parent
Dar Global serves as the international-facing arm of Dar Al Arkan, one of Saudi Arabia’s largest private real estate developers. Dar Global focuses on luxury projects aimed at international buyers and cross-border capital, often leveraging high-profile brand partnerships to differentiate in competitive markets.
Operating under Dar Al Arkan’s umbrella, Dar Global brings international expertise and branding strategies to projects like Trump Plaza. At the same time, the parent company provides scale, pipeline resources, and Saudi regulatory knowledge.
Why Dar Global Chooses Branded Real Estate
Luxury developers increasingly use branding to:
Attract international buyers who may be unfamiliar with local developer names
Support premium pricing and accelerate pre-sales during early launch phases
Differentiate projects in crowded luxury markets
The trade-off is that construction and brand risks become intertwined: delays or controversies can affect both the developer’s reputation and the perceived value of the branded name.
The Trump Brand: History, Global Reach, and Market Impact
Origins of the Trump Real Estate Brand
The Trump Organisation was founded by Fred Trump in the mid-20th century and later expanded by his son Donald Trump, who became the face of the brand. Initially focused on residential development and large-scale urban projects in New York City, the Trump brand grew into a symbol of high-profile, luxury real estate. Its portfolio now spans:
Iconic skyscrapers (e.g., Trump Tower NYC)
Luxury residential condominiums
Hotels, resorts, and golf courses
Branded real estate partnerships internationally
Trump Branding Strategy
Internationally, the Trump Organisation generally operates as a brand licensor:
Developers own land, secure approvals, and fund construction
The Trump Organisation provides branding, design standards, marketing support, and occasionally management guidance
This model allows developers to leverage the global recognition of the Trump name without the company directly financing each project.
Trump Branding in the Gulf
In the Gulf region, high-end branded developments are increasingly popular. International buyers often view units as a combination of lifestyle and investment asset, and the Trump brand is marketed as a luxury standard, leveraging global recognition and New York-inspired design cues.
Dar Global has used this approach in other Gulf projects, repeating a familiar branded template in multiple cities, which helps streamline marketing and attract a ready pool of global investors.
Political and Reputational Considerations
Because the Trump brand is closely associated with American politics, projects can attract heightened scrutiny. News coverage often emphasises whether the development is Trump-owned, Trump-managed, or Trump-licensed, as these distinctions affect buyer perception and potential financing.
Trump Brand Timeline & Global Impact
The Trump real estate brand has evolved over decades from a regional New York developer into a globally recognised luxury real estate name. Understanding its history provides context for Trump Plaza Jeddah and helps investors assess brand-driven opportunities.
Key Milestones
1920s–1970s: Foundations Fred Trump begins developing middle-income housing in Brooklyn and Queens, establishing expertise in construction and development.
1970s–1980s: Manhattan Expansion Donald Trump moves into Manhattan, delivering iconic projects such as Trump Tower (1983), combining high-end residential, commercial, and retail elements.
1990s: Diversification Expansion into hotels, casinos, and golf resorts; branding begins to function as a standalone asset.
2000s–2010s: International Licensing Trump-branded properties launch in Canada, Turkey, India, and the Middle East, with the company acting mainly as a licensor.
2010s: Branded Residences in the Gulf Projects like Trump International Golf Club Dubai and Trump Tower Jeddah attract international buyers seeking luxury assets with brand recognition.
2020s: Post-Presidency Expansion Licensing continues in the Middle East, with a focus on luxury apartments, serviced residences, and mixed-use developments.
Impact on Previous Developments
Price Premiums – Units frequently sell above comparable non-branded projects.
Pre-Sales Acceleration – Branded launches often achieve fast early-stage sales.
Global Recognition – Projects can access international capital more easily.
Mixed Market Reception – Local fundamentals ultimately determine long-term performance.
Political/Reputational Influence – Media attention can affect both demand and financing.
Takeaway for Trump Plaza Jeddah: The brand can enhance early sales, attract international buyers, and support price premiums, but delivery quality, management, and local market fundamentals remain the key determinants of long-term success.
How the Trump-Dar Global Partnership Is Framed in Saudi Arabia
Trump Plaza Jeddah is positioned as a follow-on to Trump Tower Jeddah, previously announced as the first Trump-branded development in the city. Messaging highlights:
Mixed-use design: A “live, work, play” ecosystem
Central location: Along a major Jeddah corridor
Global luxury branding: Designed to appeal to international buyers
For Saudi Arabia, the branding aligns with broader economic goals of attracting foreign investment, tourism, and global attention. For Dar Global, it accelerates pre-sales; for The Trump Organisation, it extends brand visibility in a fast-growing luxury market.
Key Considerations for Buyers and Investors
Permits and Masterplan Clarity – Confirm approvals, site boundaries, and phased development plans.
Delivery Timelines and Contractors – Verify construction schedules and appointed contractors.
Sales Structures and Buyer Protections – Review escrow, handover conditions, and cancellation policies.
Scope of Trump Branding – Understand whether Trump’s role includes management, not just licensing.
Market Comparison – Compare with recent launches like Raffles Residences Jeddah and Trump Tower Jeddah, focusing on centrality, mixed-use density, and price premiums.
International investors targeting central Jeddah with a globally recognised brand
Portfolio investors are attracted to mixed-use developments with diversified demand
Less suitable for:
Buyers needing immediate occupancy
Risk-averse investors are uncomfortable with construction timelines
Buyers prefer fully established neighbourhoods with long-term transactional history
Conclusion Trump Plaza Jeddah combines international branding, central urban positioning, and Saudi Arabia’s Vision 2030 ambitions. The historical performance of Trump-branded developments shows potential for early sales success, price premiums, and global buyer interest. However, long-term value depends on developer execution, operational management, and Jeddah market fundamentals, making due diligence essential for buyers and investors.
Trump Plaza Jeddah is an upcoming Trump-branded mixed-use luxury destination planned for the heart of Jeddah, Saudi Arabia. Spearheaded by London-listed developer Dar Global in collaboration with The Trump Organisation, the project is being positioned as a statement address that blends upscale residential living, commercial space, serviced accommodation and lifestyle amenities within a single masterplanned environment.
Rather than a standalone tower, Trump Plaza Jeddah is conceived as a multi-component urban district inspired by the concept of a modern Manhattan enclave. At its core is a landscaped linear park — described by the developer as a “green spine” — intended to create a walkable, community-focused setting that supports living, working and leisure in one integrated location.
For purchasers and investors, the proposition is clear: an off-plan entry into a branded, centrally located development aligned with Jeddah’s long-term urban expansion and Saudi Arabia’s broader Vision 2030 transformation agenda.
Project Overview: What Is Trump Plaza Jeddah?
Based on publicly released information, Trump Plaza Jeddah can be summarised as a large-scale, mixed-use development with several distinct asset classes rather than a single residential product.
The scheme is planned along King Abdulaziz Road, one of Jeddah’s primary arterial routes, placing it within easy reach of commercial hubs, lifestyle districts and the Corniche. Current projections indicate a phased-off-plan delivery, with completion targeted for the latter part of the decade, reportedly around 2028.
The development is expected to be residential-led, offering a range of apartment types alongside serviced residences. In addition, the project incorporates Grade A office space and townhouse units, broadening its appeal to both owner-occupiers and institutional or corporate users.
Why Location Matters in Jeddah’s Luxury Market
Central Jeddah has become a focal point for new development as the city modernises its infrastructure and urban fabric. Projects positioned along major corridors such as King Abdulaziz Road benefit from connectivity, visibility and proximity to employment zones — factors that can materially influence both rental demand and long-term capital appreciation.
Unlike purely residential enclaves, centrally located mixed-use developments tend to attract a more diverse user base. This includes professionals seeking shorter commutes, businesses seeking prestigious office addresses, and residents who value access to dining, wellness, and retail amenities within walking distance.
From an investment perspective, this diversity can support more consistent occupancy throughout the year, which is particularly relevant in a market where some premium residential districts are still transitioning from early-stage development to mature neighbourhoods fully.
Inside Trump Plaza Jeddah: Uses and Components
Trump Plaza Jeddah is being promoted as a “live-work-socialise” destination designed to function as a self-contained urban environment. The main components highlighted across developer releases and industry coverage include:
Luxury Residences
The residential offering is positioned at the upper end of the market, with apartments designed to reflect contemporary luxury standards. These homes are expected to feature high-quality finishes, smart-home integration and access to hotel-style services.
Serviced Apartments
Serviced living units are intended to cater to business travellers, corporate tenants and investors seeking professionally managed rental products. This segment often benefits from flexible stay patterns and can appeal to a different tenant profile than conventional residential units.
Office Space
Grade A commercial offices form a key part of the scheme, targeting companies that value centrality, modern building specifications and association with a high-profile address.
Townhouses
Lower-density townhouses provide an alternative residential option for buyers prioritising space and privacy while remaining connected to the broader mixed-use environment.
Amenities and Public Realm
Lifestyle features are central to the project’s branding. These include concierge services, fitness and wellness facilities, curated dining options and the signature landscaped central park designed to anchor the community and encourage pedestrian movement across the site.
The Developer and Brand Partnership Explained
Dar Global, an international real estate developer with experience in branded and luxury projects across multiple markets, is delivering Trump Plaza Jeddah. The Trump Organisation’s role is centred on branding, design standards and market positioning rather than construction or development execution.
In branded real estate, this structure is typical: the brand lends its name and associated lifestyle identity, while the developer remains responsible for delivery, quality control, warranties and long-term operations through appointed managers.
For buyers, this distinction is essential. Due diligence should focus not only on the brand appeal but also on the developer’s track record, contractual obligations, handover specifications and post-completion management arrangements.
Why Trump Plaza Jeddah Is Launching Now
The project is entering the market at a time when Saudi Arabia is actively repositioning itself as a global investment and tourism destination. Jeddah, as a historic commercial centre and gateway to the Red Sea, plays a pivotal role in this strategy.
Mixed-use developments have become a preferred model for developers during this phase of market evolution. By combining residential, commercial and hospitality elements, such projects can generate multiple demand drivers and remain relevant across different economic cycles.
For international investors, branded developments also offer a degree of familiarity in an evolving market, particularly when paired with central locations and large-scale master planning.
Key Considerations for Buyers and Investors
Before committing to an off-plan purchase at Trump Plaza Jeddah, buyers should carefully assess several factors:
Off-plan payment structures typically align with construction milestones, making it essential to understand the instalment schedule and contingency provisions in case delivery timelines change.
Branded residences often command a price premium. Whether that premium is sustained at resale depends on build quality, operational performance, competing supply and the overall maturity of the surrounding district at handover.
Unit selection and exit planning are critical, particularly in significant developments where many similar units may complete simultaneously. Scarcity, views, layouts and floor positioning can materially affect resale and rental outcomes.
Rental performance should be evaluated realistically, based on comparable luxury stock in central Jeddah and the likely tenant profile for each unit type, rather than purely on projected yields.
Finally, all legal documentation — including reservation agreements, cancellation terms, service charges and management structures — should be reviewed in detail before signing.
Who is Trump Plaza Jeddah best Suited For
Trump Plaza Jeddah is likely to appeal most to buyers seeking a high-profile address with integrated amenities and services, as well as to investors seeking exposure to a centrally located, branded mixed-use project in one of Saudi Arabia’s most important cities.
It may be less appropriate for those requiring immediate occupancy, those uncomfortable with construction-phase risk, or buyers who prefer fully established neighbourhoods with long-standing transactional data.
We are heading into 2026 on the cusp of some of the most ambitious and transformative real estate projects to hit the Kingdom of Saudi Arabia.
January starts with a bang, marking the launch of two mega-projects in Saudi Arabia: Trump Plaza in Jeddah, a landmark mixed-use project on one of the city’s most prominent land parcels, with an estimated GDV of US$1.95 billion.
In Riyadh, the first launch is valued at US$2.8 billion, and this is where we have some initial details I wanted to share. It is important to note that the transformative legislative reforms on real estate in Saudi Arabia will come into force on the 1st January.
The Jeddah launch is scheduled for the 10th January, and the Riyadh launch simultaneously on the 11th. Due to the exclusivity and nature of the Riyadh launch, we are proud to announce that we have been chosen as one of a small collection of International Agencies with the rights to sell the project on the pre-sale, and that we will be in the Riyadh and Knightsbridge offices for the entirety of the launch process.
The Riyadh Launch will be DAR Mansions in the exclusive, gated suburb of Wadi Safar. One of the most prominent and luxurious real estate locations in the Kingdom of Saudi Arabia.
DAR Mansions at Wadi Safar By DarGlobal
An Ultra-Luxury Residential Offering in the Birthplace of Saudi Arabia.
Diriyah is the birthplace of the Kingdom of Saudi Arabia and a UNESCO World Heritage site, located close to Riyadh. It is one of the most prestigious and culturally significant destinations in the country, positioned as a global luxury and lifestyle hub.
This opportunity represents one of the most exclusive residential offerings ever introduced in Diriyah.
This option will be fully freehold and in line with the government reforms set out this coming January. You can purchase fully as an international and will receive a lifetime residency visa for you and your family.
The Community
– Total master community size: 2.5 million sqm – 50% dedicated to greenery, landscapes, and golf courses. – 50% dedicated to low-density residential development – Designed as a private, secure, and highly curated living environment. This will be one of the best master plans ever to be curated in Riyadh.
The community is double-gated, with controlled security access in and out, ensuring the highest level of privacy, exclusivity, and safety.
Prime Location in Diriyah
– Located in Wadi Safar – Close to all major amenities and attractions – One of the most prime and desirable residential locations in the Kingdom
DarGlobal Mansions
– Total units: 570 – Plot sizes: Approximately 2,000 sqm – Large-scale mansions – A mix of branded and unbranded residences – Designed for those seeking privacy, space, and prestige
Pricing & Positioning
– Typical starting prices in this area reach SAR 60 million – Our starting prices are incredibly competitive, from SAR 35 million
As Saudi Arabia’s Vision 2030 initiatives accelerate, a clear hierarchy is beginning to form within the Kingdom’s real estate market. Much like Palm Jumeirah or Emirates Hills did for Dubai, select locations in Riyadh are now establishing themselves as long-term value anchors rather than cyclical development stories. One of the most compelling of these is the Diriyah–Wadi Safar corridor.
Wadi Safar is not being developed as a conventional residential community. It is a deliberately low-density, ultra-luxury destination positioned just minutes from Riyadh’s core commercial districts and fully integrated into the wider Diriyah masterplan. The focus here is on branded hospitality, resort living, private members’ amenities and highly curated residential stock — a format designed to attract both international capital and Saudi Arabia’s growing high-net-worth population.
What differentiates Wadi Safar from most Saudi residential developments is the nature of its demand. Supply is intentionally limited, with residences tied to globally recognised hospitality brands such as Aman, Six Senses and other ultra-luxury operators. These are not volume-housing plays; they are experience-driven assets, with value underpinned by brand, service, exclusivity, and long-term scarcity. Historically, this segment has demonstrated far greater resilience through market cycles and consistently outperforms non-branded luxury stock in both capital appreciation and rental premiums.
From a Riyadh market perspective, Wadi Safar effectively raises the ceiling on what “prime” means in the city. Until now, premium residential value has been concentrated in areas such as the Diplomatic Quarter, Hittin and Al Nakheel. The introduction of branded villas and resort-linked residences creates a new benchmark, likely to reprice surrounding land values and reposition western Riyadh as the city’s most prestigious residential corridor over the next five to ten years.
Timing is also essential. Diriyah is moving from vision to execution. Major infrastructure works are well underway, hospitality contracts are being awarded, and the first phases of hotels and residences are scheduled to come online progressively from 2026 onwards. As openings and handovers begin, price discovery will shift from speculative pricing to real transactional benchmarks — historically the point at which the most substantial value uplift occurs in destination-led developments.
At a national level, upcoming foreign ownership reforms and continued government support for giga-projects are expected to broaden the buyer pool, particularly for globally recognisable branded assets. This mirrors patterns seen previously in Dubai, where international accessibility combined with branded residential supply led to sustained demand from both lifestyle buyers and capital allocators.
It’s important to note that Wadi Safar is not designed to influence Riyadh’s mass residential market. Its impact is strategic rather than volumetric. For investors focused on capital preservation, scarcity-driven appreciation and exposure to Saudi Arabia’s highest-quality real estate assets, however, it represents one of the most compelling long-term opportunities currently emerging in the Kingdom.
We will continue to monitor pricing, delivery milestones and early transaction data closely and will share specific opportunities as they become available.
Over the last 18 months, you will have noticed our shift into Abu Dhabi. For those of you in the market, you will now have seen many of the Dubai agents following suit, slightly late and following others’ advice, but welcome nonetheless.
Hudaryiat Island, Fahid Island and Al Mayrah Island are the future real estate cornerstones in the GCC. Modon have just released additional 5-bedroom Villas in Al Naseem, which we consider the best Villa investment in the UAE currently.
Today, news broke that the extension of the north side of Al Maryah Island, the final undeveloped stretch of the financial district, will be transformed into a mixed-use development covering nearly 500,000 square metres of land with an investment of $60 billion.
More than 11,000 active licences are now registered at Abu Dhabi Global Market (ADGM). Nearly 40,000 people already work on the island, driving strong demand for business space.
The new masterplan will add more than 450,000 sqm of premium offices, effectively doubling the island’s existing supply and solidifying Al Maryah’s position among leading international financial centres.
This announcement reinforces an unequivocal message: Abu Dhabi is entering a new growth phase, underpinned by large-scale, strategically planned investments that enhance liveability, infrastructure, and long-term value creation.
Why This Announcement Matters 1. A powerful signal of confidence
A development of this magnitude, partnering with one of the region’s strongest and most reputable developers, Aldar, underscores the confidence institutional capital has in Abu Dhabi’s economic trajectory, population growth, and long-term rental/ownership demand.
2. A new anchor for the capital’s urban evolution
Al Marayah Island is already home to financial, cultural, and luxury infrastructure. The new investment will elevate it into one of the most significant mixed-use districts in the region, further integrating:
Premium residential communities
Grade-A commercial hubs
Retail, lifestyle, hospitality, and waterfront attractions
Enhanced transportation and urban connectivity
This will reinforce the island as one of the most desirable and valuable addresses in the capital.
3. Sharpening Abu Dhabi’s competitive edge
With Dubai continuing to dominate international headlines, developments like this are strategically important. They position Abu Dhabi as:
A rapidly maturing investment hub
A high-quality, globally competitive residential destination
A stable and well-regulated market with strong upside potential
For investors, this translates into structurally rising demand and long-term drivers of capital appreciation.
4. Positive ripple effects across the wider market
Major master-planned investments usually drive value far beyond the immediate district. We expect:
Increased demand for premium and mid-market housing in surrounding communities
Upward momentum in commercial rents as business relocations accelerate
Strengthening yields in prime waterfront assets
Greater foreign investor participation, especially with regulatory reforms approaching in 2026
What This Means for Your Portfolio
The Al Marayah Island announcement reinforces a key theme we have been highlighting:
Abu Dhabi is transitioning from incremental growth to transformational expansion.
For investors, this creates an environment where:
Prime and near-prime residential assets may outperform
Early-stage investments in upcoming master plans offer substantial upside
Rental yields remain resilient due to sustained demand
Long-term capital preservation and appreciation prospects remain exceptionally strong
With luxury demand rising, more than 3,000 waterfront residences are planned, adding to branded residential projects such as W Residences and The St. Regis. The new phase will also bring 40,000 sqm of high-end retail and dining and an expanded marina.
The island already hosts the Cleveland Clinic Abu Dhabi, the Galleria Mall, and several Michelin Guide-awarded restaurants. The next stage will include the Al Maryah Waterfront enhancement project, featuring a 75-metre fountain with water shows and new leisure zones.
In short, if you are looking to invest in a region underpinned by institutional, large-scale investment and bringing the world’s top developers, in partnership with Aldar, to the area, Abu Dhabi is the place to be.
As always, it is important to get in on projects early, and for the first launches, we will contact you right away with details. For those looking now, we strongly advise the 5-bedroom Villas on Hudayriyat Island by Modon with 40/60 payment plans and a price per sqft that, when complete, will provide some of the best returns in the GCC.
The master plan includes three new bridges linking Al Maryah’s north side to Reem Island and the mainland, reducing travel time to Saadiyat Island to under 10 minutes.
The development will feature 2.5 km of air-conditioned pedestrian corridors, 12,000 parking spaces, and 20 per cent dedicated open space to support sustainability goals. Enabling works are expected to begin in 2026.
Next year, in 2026, we will formally open our Riyadh office, after becoming one of the most successful agencies in Saudi Arabia in 2025.
Jeddah and Riyadh dominate the Saudi market, so we decided to take a look at the regions from a numbers perspective and compare the two.
Both are underpinned by the legal reforms of the real-estate landscape, with Freehold ownership coming into full effect in January 2026. This represents a fantastic opportunity to get ahead of the real-estate investment curve as the Kingdom targets over $100bn of foreign real estate investment by 2030.
Jeddah
Jeddah, known as Saudi Arabia’s Red Sea lifestyle hub, has a warm family feel, but, geographically and commercially, acts as the Western gateway. Jeddah perfectly combines robust international trade access, heritage and luxury coastal living. It is fast becoming a leading global destination for tourism, business and real-estate investment.
For many years, the Red Sea coast has served as a direct trade link to major global trade routes. Over more recent years, the Red Sea shoreline has become Saudi Arabia’s home for marine leisure and luxury tourism. Locally, you have UNESCO-listed districts such as Al-Balad, which perfectly blend the exceptional cultural heritage with the modern redevelopment.
Jeddah’s residential real-estate market excelled in 2025; transaction volumes increased noticeably (Transaction Volumes were up over 24% YOY), and total transaction value rose.
In Q2 2025, the average apartment price in Jeddah reached SAR 4,324/m² (with variation by district), and villa prices were around SAR 5,040/m² – lower than in Riyadh.
Demand is increasingly concentrated on lifestyle-oriented developments (waterfront, gated communities, master-planned compounds) rather than generic inner-city apartments. This is what we see as an advisory: The Fairmont, Trump Tower Jeddah, and Rixos have brought International brands to the region, and locals and international investors alike are seeing these premium, freehold opportunities.
In Q1 2026, we will be launching Trump Plaza, a $1bn mixed-use development, which will see the level rise again in the region. This will coincide with the launch of Royal Atlantis (the first outside Dubai), which will again drive up investment sentiment and the region’s stature.
The commercial/office real-estate market is also seeing some gains, though lender reports flag that rising supply (in the coming years) may exert pressure. If you are investing commercially, we would suggest focusing on prominent, central locations close to freehold designation to maximise international company presence.
Riyadh
Riyadh is the Capital Magnet, transforming Saudi Arabia into an international destination, driven by Vision 2030. Riyadh, home to the business EXPO in 2030, is one of the most dynamic and engaging investment destinations anywhere in the world.
Riyadh contributes nearly half of Saudi Arabia’s non-oil GDP, and its population is projected to exceed 9.5 million by 2030. Riyadh is undergoing an ultra-extensive urban expansion, with major master plans and business districts dominating the landscape, as demand for residential communities and mixed-use developments hits never-before-seen highs.
Commercial space in Riyadh in 2025 reached 98% occupancy, with rents rising 15% YOY. Many blue-chip firms have already signed pre-lease agreements in new developments backed by $1.55 trillion in potential long-term investments, along with major reforms such as the expanded white land tax and a five-year rent freeze.
Strengthening the property market is central to Vision 2030, as the Kingdom works to position itself as a global business and tourism hub. The Real Estate General Authority forecasts the sector will reach $101.6 billion by 2029, expanding at an 8% compound annual growth rate from 2024.
The King Abdullah Financial District remains at the center of Riyadh’s real estate expansion, with plans to double its footprint and accommodate 40,000 daily visitors. Infrastructure upgrades, including the 3.6km monorail, will be aligned with all new-build projects across the region, to make Riyadh a ’10-minute city’.
The numbers are firm: H1 2025 saw property sales surge by 63% year-on-year, with an additional $17.5bn in revenue. Average apartment prices reached SAR 6,100/m² and villas SAR 5,396/m² in June 2025.
Residential rental rates are rising sharply, apartment rents rose 10.3% and villa rents rose 14.4% in the same period.
Riyadh currently lacks comprehensive freehold options that would cater to the broader Western and Eastern world. DAR Global, in partnership with PIF fund and DAR Al Alkan, have timelines in 2026 to transform the real-estate landscape with extensive Golf-course Villa masterplans, the extension of Roshn and then Luxury skyscrapers in the King Abdullah Financial District.
Retail in Riyadh is big business. Saudi Arabia’s retail pipeline includes 800,000 sq. meters of new space, with 100,000 sq. meters due by year-end. Significant developments such as Westfield Riyadh, Bellevue Riyadh, and Avenues Mall are scheduled for completion between 2026 and 2027.
Purchasing In Saudi Arabia
Purchasing in Saudi Arabia is very similar to that in the UAE. All off-plan projects and registrations are secured and covered by WAFI, Saudi Arabia’s equivalent of RERA, which the Ministry of Municipal and Rural Affairs & Housing manages.
All off-plan projects must receive payments into secure Escrow Accounts, and the payment plans are construction-linked to protect investors and give WAFI complete transparency on the progress of projects in the region.
Land Registration is 5%, payable on handover; there are no commissions or additional fees.
You pay a reservation/token fee of 50k SAR, which is then deducted from the down payment, typically 20%.
Properties can be purchased in personal or company names.
2026 and Beyond
As with any Off-Plan project, we work on projects that sit around 30/40% lower than the value they would be if the project were ready.
In the ready market, experts forecast continued price appreciation in Riyadh: some suggest 5–6% annual growth in apartments/villas through 2030, underpinned by sustained demand and limited supply.
For Jeddah, forecasts are more modest but still positive: projected apartment price growth of 3–5% and villa growth of 2–4% (with slightly higher potential in lifestyle/coastal segments) for 2025–2030.
For rental yields, some market commentary expects 2026 yields on prime Jeddah coastal/apartment assets to remain competitive (e.g., 6–8%), especially for high-quality, well-amenitised properties.
The numbers are all positive in the immediate build term of projects, so positive market appreciation, combined with build appreciation and luxury product investors, should put them in a powerful position over the immediate, medium, and long term.
Dubai is currently experiencing not only a residential boom, but also a commercial boom. The number of companies, both Blue-Chip and ambitious SMEs, are moving to the region in numbers that have never been seen before.
One thing Dubai has sorely lacked in previous years is Grade A commercial Office Space. Developers, both Private and government-backed, have focused on Residential projects to bring their visions to life. Commercial buildings have always taken a back seat, until now.
Developers are seeing this opportunity for a growing, thriving commerce sector and, as such, are building buildings to match. Omniyat recently launched Lumena, which brought Grade A facilities and amenities, previously reserved for the most luxurious residential buildings, to the commercial world. The result? Instant Sell out. On the back of the success, we now have Lueman Alta coming, and for our investors, we wanted to take a look at the numbers behind the investment. As smart, private and family money is moving into the Commercial sector in Dubai.
Here is a comprehensive overview of business registration, occupancy, and investment numbers in Dubai’s commercial sector.
Current Occupancy / Vacancy for Grade A Office in Dubai
From recent market reports:
Grade A offices in Dubai are currently experiencing very high occupancy levels, typically around 95%.
In key prime business districts (DIFC, Business Bay, Downtown Dubai, Sheikh Zayed Road, etc.), the occupancy often reaches 95‑98% for high‑spec, Grade A stock.
More widely across Dubai for all office stock, city‑wide occupancy is somewhere in the low 90s percent. Grades B & C are lower but still strong.
The vacancy rate is therefore relatively low for Grade A properties in these prime locations.
In summary, Grade A office space in prime locations in Dubai is highly occupied, with near full utilisation in many cases.
Residential Sector: Occupancy / Yields
For comparison, here are some highlights for the residential side:
Residential occupancy in prime/popular residential areas is also high, often > 90%, particularly in established/freehold communities.
Yields (gross) for residential apartments/studios vary: small units (studios / 1‑beds) tend to give higher yields, sometimes in the ~ 7–9% range in good or mid‑income areas; larger units/villas tend to have lower yields (4‑6%) because of higher acquisition costs.
Investment Comparison: Grade A Offices vs Residential
Here are the pros, cons, and “how they compare” between investing in Grade A offices vs residential in Dubai:
Net Yield / Risk‑Adjusted Return: What the Numbers Imply
Putting together the projections above, here’s how the investment return picture looks, roughly, for Grade A offices vs residential, and what to watch out for. These are estimates rather than precise figures, as much depends on location, tenant quality, financing, costs, and other factors.
How do the current occupancy rates in Grade A offices look, and how does this compare to prime residential areas in Dubai?
Current Occupancy / Vacancy for Grade A Office in Dubai
From recent market reports:
Grade A offices in Dubai are currently experiencing very high occupancy levels, typically around 95%.
In key prime business districts (DIFC, Business Bay, Downtown Dubai, Sheikh Zayed Road, etc.), the occupancy often reaches 95‑98% for high‑spec, Grade A stock.
More widely across Dubai for all office stock, city‑wide occupancy is somewhere in the low 90s percent. Grades B & C are lower but still strong.
The vacancy rate is therefore relatively low for Grade A properties in these prime locations.
In summary, Grade A office space in prime locations in Dubai is very well-occupied, with near full utilisation in many cases.
Residential Sector: Occupancy / Yields
For comparison, here are some highlights for the residential side:
Residential occupancy in prime/popular residential areas is also high, often > 90%, particularly in established/freehold communities.
Yields (gross) for residential apartments/studios vary: small units (studios / 1‑beds) tend to give higher yields, sometimes in the 7–9% range in good or mid‑income areas; larger units/villas tend to have lower yields (4‑6%) because of higher acquisition costs.
Key Takeaways: Which Might Be Better, When?
If you are seeking a higher yield and are comfortable with more concentrated risk, a high capital outlay, and potentially dealing with commercial leases and fit-outs, then Grade A offices in prime locations are highly attractive right now. The very high occupancy and rising rents make the cash flow side promising.
If you prefer lower risk, easier tenant turnover, and possibly a smaller initial investment, then residential might be more appealing. It may yield lower returns (especially for larger units) but offer less volatility and more stable demand.
Also, timing and location matter a lot: Grade A offices in prime nodes (DIFC, Sheikh Zayed Road, Business Bay) are doing much better (higher occupancy, higher rents) than offices in peripheral or older buildings. Similarly, residential in prime areas does well; less so in less desirable or oversupplied areas.
Spotlight: Lumena Alta by Omniyat
Lumena Alta is poised to redefine the future of commercial real estate in Dubai—a 380-metre, mixed-use masterpiece standing alongside Lumena at the gateway to Business Bay.
property@offplandubai.ae 
+44 7595 715 264