UP

$1 bln Trump Plaza set for Saudi Arabia’s Jeddah

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

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.

Axar.az informs, citing Al Arabiya, 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 Jeddah, will feature premium residences, serviced apartments, Grade-A office space, and exclusive townhouses. At its center, a Central Park-inspired green spine will anchor the project, bringing Manhattan-style vibrancy to the Red Sea city.

“By combining residential, serviced, and office components with a Central Park-inspired landscape, we are delivering a unique lifestyle destination that reflects both Manhattan’s vibrancy and Jeddah’s strategic role as a cultural and commercial hub,” CEO of Dar Global Ziad El Chaar, CEO of Dar Global, said in a press statement.

This marks the second Trump-branded project in the Kingdom, following the launch of Trump Tower Jeddah in December 2024.

‘A new benchmark for prestige’

Eric Trump, Executive Vice President of the Trump Organization, hailed the project as a landmark step in the company’s expansion in the Kingdom.

“We are honored to expand our footprint in Saudi Arabia… We are creating a destination that will set a new benchmark for prestige and innovation in the Kingdom,” Trump said.

Transforming Jeddah’s skyline

Trump Plaza Jeddah is expected to redefine urban living in Saudi Arabia, offering a seamless environment where residents can live, work, and socialize in one destination.

The project reflects Jeddah’s growing role as a hub for premium living and international investment and is in line with Saudi Arabia’s real estate expansion and diversification goals.

Date
2025.09.29 / 18:30
Author
Axar.az
See also

Trump: US backs Israel if Hamas rejects the deal

Trump and Netanyahu met at White House

Pashinyan confident of 2026 election win

Netanyahu apologizes to Qatar's Emir for Doha attack

Trump to impose 100% tariff on films made outside the US

Russian forces seize Shandrigolovo in Donetsk

Iraqi man sentenced for trafficking fighters to Russian army

Leyen congratulates Moldova on election victory

Spain bans US military shipments to Israel via local bases

Russian 'Elektrodetal' plant hit by 'Neptune' missile

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla