Saudi Arabia shows no sign of slowing….
A $1 billion Trump Plaza project is coming to Saudi Arabia’s Jeddah soon, as US President Donald Trump’s family business expands in the Gulf.
Dar Global, the London-listed international luxury real estate developer, announced the landmark collaboration with the Trump Organization on Monday.
The mixed-use development, strategically located along King Abdulaziz Road in the heart of the city, Trump Plaza Jeddah is valued at over USD 1 billion. It will transform the skyline with a world-class mixed-use community. The development will include premium residences, serviced apartments, Grade-A office space, and exclusive townhouses. At the center of the master plan will be a Central Park-inspired green spine, a landscaped park running the length of the development, anchoring the residences and serviced apartments and bringing the essence of Manhattan to Jeddah.
The bulk of the Trump Organisation’s business is in the United States, but it has significant interests overseas, including in Saudi Arabia and the United Arab Emirates. It has partnered with Dar Global, the international arm of Saudi Arabia’s Dar Al Arkan Real Estate Development Company, on several projects, including plans for Trump Towers in Dubai and Jeddah, as well as a real estate project in Qatar.
The Jeddah Plaza project will include premium residences and serviced apartments as well as office space and exclusive townhouses, Dar Global said, adding it would also feature a Central Park-inspired park running the length of the development.
“Designed to redefine urban living in Saudi Arabia, Trump Plaza Jeddah integrates living, working and leisure into one seamless destination, “ said the company, which quoted Executive Vice President of the Trump Organisation Eric Trump as saying, ”this project embodies our vision of excellence by blending world-class hospitality, modern living and dynamic business environments”.
Designed to redefine urban living in Saudi Arabia, Trump Plaza Jeddah seamlessly integrates living, working, and leisure into one destination. It will feature offices adjacent to serviced apartments and premium residences, creating a community where people can live and work in the same location. Thoughtfully designed home offices will be incorporated as an extension of private residences, while a premium retail courtyard and a curated mix of F&B concepts will enrich the lifestyle offering.
“We are delivering a unique lifestyle destination that reflects both Manhattan’s vibrancy and Jeddah’s strategic role as a cultural and commercial hub,” also said Ziad El Chaar, CEO of Dar Global.
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