DarGlobal, Trump Organization launch $1bn Trump Plaza Jeddah

Real estate developer DarGlobal and the Trump Organization officially launched the Trump Plaza Jeddah -- a mixed-use development valued at more than $1 billion -- the company announced in a statement on Monday.

The project is the third strategic collaboration between the London-listed luxury developer and The Trump Organization in Saudi Arabia, following the launch of Trump Tower Jeddah in December 2024.

Located within the Amaya development along King Abdulaziz Road, Trump Plaza Jeddah is designed as a fully integrated urban destination combining residential, commercial and lifestyle offerings.

Positioned as “Jeddah’s most connected address,” the development will feature Grade-A office space, premium retail, destination dining, a members-only lifestyle club and branded Trump residences. All components are centred around a private park, creating what the developers describe as a cohesive urban ecosystem tailored to global residents.

Eric Trump, executive vice president of The Trump Organization, said the project reflects confidence in Jeddah’s growing global relevance.

“Expanding our presence in Saudi Arabia with Trump Plaza Jeddah underscores our commitment to world-class quality and iconic design and highlights the strength of our relationship with DarGlobal,” he said.

DarGlobal CEO Ziad El Chaar said the launch represents a major milestone for the company’s Saudi portfolio.

“This is not a single-use development, but a carefully curated urban district designed for residents who want to live, work and connect within one of Jeddah’s most desirable addresses,” he said.