Full Breakdown
Trump Plaza Jeddah: A $1 Billion Development in Saudi Arabia
9/29/2025, 10:07:37 PM
Overview of the Project
Dar Global, a London-listed real estate developer, has announced plans to launch Trump Plaza in Jeddah, Saudi Arabia, marking its second collaboration with the Trump Organization. Valued at over $1 billion, this mixed-use development will include premium residences, serviced apartments, Grade-A office space, and exclusive townhouses. The project aims to redefine urban living in Saudi Arabia and is strategically located along King Abdulaziz Road, opposite the Red Sea Mall and the city’s Formula 1 circuit.
Project Details and Vision
The Trump Plaza Jeddah will feature a Central Park-inspired green spine, designed to bring a Manhattan-style vibrancy to the city. Dar Global's CEO, Ziad El Chaar, emphasized that the project integrates living, working, and leisure into a seamless destination, creating a community where residents can live and work in one place. The development will also include thoughtfully designed home offices and a premium retail courtyard, enhancing the lifestyle offerings in the area.
Background and Context
This project follows the launch of Trump Tower Jeddah in December 2024, which was the first Trump-branded development in Saudi Arabia. The Trump Organization has a history of international real estate licensing deals, including projects in Canada, Dubai, Mexico, India, and Turkey. Donald Trump's close ties to Saudi Arabia, particularly with Crown Prince Mohammed bin Salman, have drawn scrutiny, especially following the 2018 killing of journalist Jamal Khashoggi.
Official Statements & Responses
Eric Trump, Executive Vice President of The Trump Organization, stated, "We are honored to expand our footprint in Saudi Arabia with the Trump Plaza Jeddah. This project embodies our vision of excellence by blending world-class hospitality, modern living, and dynamic business environments." Ziad El Chaar added that the development is one of the most ambitious projects undertaken by Dar Global, aiming to elevate Jeddah’s role as a center for premium living and international investment.
Criticism & Opposition
The Trump Organization's involvement in Saudi Arabia has faced criticism due to the country's human rights record and the controversial ties between Trump and the Saudi leadership. Critics argue that such partnerships may overlook significant ethical concerns, particularly in light of past incidents involving the Saudi government.
What's Next
While specific timelines for the completion of Trump Plaza Jeddah have not been disclosed, the project is expected to significantly impact the local real estate landscape and attract international investment. As Dar Global continues to expand its portfolio in the Gulf region, further developments in collaboration with the Trump Organization are anticipated.
Verbatim Quotes
- “This project embodies our vision of excellence by blending world-class hospitality, modern living, and dynamic business environments.” — Eric Trump, Executive Vice President of The Trump Organization
- “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.” — Ziad El Chaar, CEO of Dar Global
