Dar Global launches a landmark $1 billion luxury development in Jeddah, marking the second collaboration with The Trump Organization and reinforcing Saudi Arabia’s growing investment landscape.
In a significant stride towards transforming Jeddah’s urban landscape, Dar Global has announced the development of Trump Plaza Jeddah—a $1 billion luxury project situated within Dar Al Arkan’s expansive 1 million square meter ‘Manhattan’ urban district.
Strategically located along King Abdulaziz Road near the Red Sea Mall and Corniche, the development occupies a prominent 28,000 square meter corner plot. The project represents the highest-value land transaction ever recorded in the city.
Key Project Highlights:
• Premium residences
• Serviced apartments
• Grade-A offices
• Exclusive townhouses
• Central Park-inspired green spine
• Curated retail and dining spaces
“We are honoured to expand our footprint in Saudi Arabia with Trump Plaza Jeddah. This project blends world-class hospitality, modern living, and dynamic business environments,” said Eric Trump, Executive Vice President of The Trump Organization.
The broader Manhattan masterplan by Dar Al Arkan will feature four interconnected districts designed with walkability, sustainability, and integrated urban living in mind. This development directly aligns with Saudi Arabia’s Vision 2030 strategy, which aims to elevate quality of life and attract global investment.
Ziad El Chaar, CEO of Dar Global, emphasized the project’s significance, stating, “This is one of the most ambitious developments we’ve undertaken. It reflects Manhattan’s energy while capturing Jeddah’s growing status as a commercial and cultural hub.”
This launch follows the successful debut of Trump Tower Jeddah in 2024, signaling continued confidence in the Saudi real estate market and the strategic partnership between Dar Global and The Trump Organization.
