Dar Global is set to develop a USD 1 billion Trump Plaza in Jeddah, featuring premium residences, serviced apartments, office spaces, and exclusive townhouses. This is the second Trump-branded development in Saudi Arabia, following Trump Tower Jeddah last year. The project targets high-end buyers and international investors, reflecting growing demand for luxury real estate in the kingdom. Trump Plaza Jeddah aligns with Saudi Arabia's efforts to diversify real estate and hospitality investments and reinforces the role of international brands in shaping Jeddah's urban and luxury property landscape, contributing to the city's position as a growing hub for premium developments.
Dar Global, a prominent Saudi real estate developer, has announced plans to build a USD 1 billion Trump Plaza project in Jeddah, further expanding the presence of Donald Trump's family business in the Gulf region. The new development, branded Trump Plaza Jeddah, will feature premium residences, serviced apartments, office spaces, and exclusive townhouses, offering a blend of luxury living and modern workspaces.
This project marks the second Trump-branded development in Saudi Arabia, following the launch of Trump Tower Jeddah last year. Dar Global stated that the new development will cater to high-end buyers and investors seeking premium properties in Jeddah, reflecting the growing demand for luxury real estate in the kingdom.
Trump Plaza Jeddah is expected to attract both domestic and international buyers. It aligns with Saudi Arabia's broader strategy to diversify investment in real estate and hospitality, complementing other luxury developments in major cities across the country. Dar Global has previously delivered several large-scale and high-profile projects in the Middle East, strengthening its position as a key player in the region's real estate market.
The project will offer a combination of residential and commercial spaces, designed to provide modern amenities and high-quality living standards. By integrating exclusive townhouses, serviced apartments, and office facilities, the development aims to meet the lifestyle and investment needs of affluent clients.
The launch of Trump Plaza Jeddah highlights the continuing trend of international luxury brands entering Saudi Arabia's real estate market. It underscores the appeal of high-end properties in Jeddah, which is emerging as a hub for premium developments and urban growth.
Source Reuters
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