#Saudi Arabia #Dar Global #Jeddah #Trump Plaza

Dar Global and The Trump Organization Unveil Trump Plaza Jeddah

In a groundbreaking announcement, Dar Global (LSE: DAR), a prominent luxury real estate developer based in London, has officially initiated the launch of Trump Plaza Jeddah. This opulent venture, valued at over $1 billion, marks the latest expansion of their collaborative efforts with The Trump Organization in Saudi Arabia. The project, strategically located within the expansive Amaya development along King Abdulaziz Road, is poised to redefine urban luxury living in Jeddah, following the successful opening of Trump Tower Jeddah in December 2024.

A New Benchmark in Urban Luxury

Trump Plaza Jeddah promises to set a new benchmark in urban luxury, offering a variety of residential options. Potential residents can choose from fully furnished Trump executive residences featuring one to three bedrooms, upscale Trump Park residences with two to four bedrooms, and exclusive Trump townhouses boasting four bedrooms. Each residence is designed with modern conveniences and luxury finishes, complementing the lifestyle that the project aims to deliver.

What sets Trump Plaza apart is its emphasis on the integration of living, working, and leisure spaces. It features well-designed home offices, premium retail outlets, gourmet dining options, and optional rental management services—making it an attractive investment for international buyers seeking a hassle-free ownership experience.

Voices Behind the Project

Eric Trump, executive vice president of The Trump Organization, expressed enthusiasm about enhancing their presence in Saudi Arabia. He mentioned, "The development of our presence in Saudi Arabia with Trump Plaza Jeddah underscores our commitment to world-class quality and iconic design. This project reflects the strength of our relationship with Dar Global and our confidence in Jeddah, a vibrant global city. Trump Plaza Jeddah will set a new standard in integrated urban destinations."

Adding to this sentiment, Ziad El Chaar, CEO of Dar Global, remarked, "The launch of Trump Plaza Jeddah is a significant milestone in our Saudi portfolio. This is not merely a single-use development; it’s a carefully curated urban ecosystem for residents worldwide who aspire to live, work, and connect in the best locality in Jeddah. Anchored in a private park and supported by international-standard amenities, Trump Plaza Jeddah introduces a modern urban lifestyle to the Kingdom."

Exclusive Amenities

Central to the luxurious offerings of Trump Plaza is the Vitality Club, a 4,000-square meter facility equipped with golf simulators, a spa, sports medicine and recovery centers, swimming pools, and high-performance wellness spaces. Complementing these facilities are destination commerce and dining options, including the Trump Grill, Trump Daily, a gourmet bakery, and a fitness store, catering to both daytime and nighttime visitors.

Encompassing a noteworthy area of 1 million square meters, Trump Plaza Jeddah serves as a cornerstone of a new, highly integrated urban neighborhood, reflecting the Kingdom’s rising status as a global real estate destination. Supported by foreign ownership incentives and a 0% capital gains tax, alongside accelerated infrastructure investments, Jeddah is increasingly appealing to international investors.

With this new project, Dar Global and The Trump Organization not only expand their portfolio in Saudi Arabia but also set the stage for a luxurious future in urban living. The commitment to quality and the vision for a vibrant community space are here to reshape Jeddah’s landscape, making it a highly desirable location for residents and investors alike.