Dubai Hills Estate Park, All You Need To Know

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.