Trump Plaza Jeddah Developer Track Record & Delivery Timeline

Understanding the $1 Billion Trump Plaza Jeddah Development

Dar Global announced Trump Plaza Jeddah in September 2025 as a $1 billion mixed-use development positioned on King Abdulaziz Road in central Jeddah. This marks the second collaboration between the London-listed developer and The Trump Organization in Saudi Arabia's second-largest city.

The development will occupy a prominent 28,000 square metre corner plot within Dar Al Arkan's larger "Manhattan" masterplan. Trump Plaza Jeddah will feature premium residences, serviced apartments, Grade-A office space, and exclusive townhouses, all anchored by a Central Park-inspired landscaped park.

While Dar Global has not announced a specific completion date, examining the developer's track record provides essential context for understanding likely delivery timelines.

Dar Global Background and Company Profile

From Saudi Roots to London Stock Exchange

Dar Global PLC launched in 2017 as the international arm of Dar Al Arkan Real Estate Development Company. The company achieved a significant milestone in February 2023 by becoming the first Saudi company listed on the London Stock Exchange's main market.

Today, Dar Global operates across 14 cities spanning the GCC, UK, Spain, Greece, and Bosnia. As of November 2025, the company's gross development value exceeds $19 billion, reflecting rapid expansion in the luxury real estate sector.

Branded Development Strategy

The developer specializes in co-branded luxury developments, partnering with globally recognized names including Trump Organization, Aston Martin, Lamborghini, Versace, Pagani, Elie Saab, Missoni, and W Hotels.

Trump-branded properties now represent 18% of Dar Global's entire portfolio as of 2025, making the Trump Organization one of the company's most significant strategic partners.

Dar Global Completed Projects and Proven Delivery

Urban Oasis Tower by Missoni in Dubai

Dar Global successfully delivered Urban Oasis Tower in Q1 2024, marking a critical milestone as the company's inaugural completed international project. This 48-floor development in Dubai's Business Bay demonstrated the developer's ability to execute luxury residential towers from concept to handover.

The project's successful completion established Dar Global's credibility beyond its parent company's Saudi Arabian track record.

149 Old Park Lane in London

The completion of 149 Old Park Lane in 2024 represented Dar Global's successful entry into the UK luxury residential market. This prestigious Mayfair address further validated the company's capability to deliver high-end properties in competitive international markets.

These two flagship completions in 2024 form the foundation of Dar Global's independent delivery record.

Current Dar Global Projects Under Construction

Dubai Portfolio

Dar Global maintains an active construction portfolio in Dubai with multiple projects at various stages. The Da Vinci Tower by Pagani expects completion later in 2025, providing an additional near-term delivery milestone.

W Residences, a 49-floor development in Downtown Dubai, targets Q2 2027 completion. Meanwhile, DG1, a 20-storey tower in Business Bay, also aims for Q2 2027 handover.

International Developments Beyond Dubai

Les Vagues by Elie Saab represents Dar Global's significant project in Qatar, featuring seafront residences on Qetaifan Island North. The company also maintains Tierra Viva in Spain's Costa del Sol region.

D Villas in Dubai's Jumeirah Golf Estates carries a scheduled completion date of December 2029, demonstrating the company's longer-term project pipeline.

AIDA Masterplan in Oman

The AIDA development in Oman stands as Dar Global's largest single project. This $4 billion joint venture with Oman Tourism Development Company represents 50% of Dar Global's total gross development value.

The masterplan anticipates delivery over an 8-10 year timeframe, reflecting the scale and complexity of this clifftop development outside Muscat.

Trump Tower Jeddah as the Primary Timeline Benchmark

Project Announcement and Specifications

Trump Tower Jeddah provides the most relevant comparison for understanding Trump Plaza Jeddah's potential timeline. Announced in December 2024, this 47-storey seafront development along the Jeddah Corniche carries a $530 million price tag.

The tower targets December 2029 completion, establishing a five-year development cycle from announcement to projected handover.

Construction Progress and Contractor Selection

Pre-construction works commenced in May 2025, approximately five months after the project announcement. Eric Trump confirmed this milestone, marking tangible progress on Saudi Arabia's most high-profile Trump Organization development.

Dar Global awarded the main works contract to Arabian Construction Company (ACC) following completion of enabling and foundation works. This contractor selection provides insights into the execution strategy for Trump-branded developments in Jeddah.

Implications for Trump Plaza Jeddah Timeline

The four-year construction timeline from announcement to projected delivery establishes a clear benchmark. Trump Plaza Jeddah, announced in September 2025, would follow similar development phases if it maintains a comparable schedule.

This suggests potential completion between 2029 and 2030, though no official timeline has been disclosed by Dar Global.

Dar Al Arkan Parent Company Track Record

Three Decades of Saudi Real Estate Development

Founded in 1994 and listed on the Saudi Stock Exchange since 2007, Dar Al Arkan represents Saudi Arabia's largest real estate developer by market value. The company's 31-year operational history provides substantial context for understanding Dar Global's institutional backing.

Dar Al Arkan has delivered more than 15,000 residential units and 500,000 square metres of commercial space across 30 completed real estate projects. Currently, 37,000 additional units sit at various planning and implementation stages.

Major Completed Projects Across Saudi Arabia

Riyadh Developments

Shams Ar Riyadh represents one of Dar Al Arkan's flagship achievements, spanning 5 million square metres as a comprehensive integrated community. Qasr Mall, inaugurated in 2013, features 350 stores across four floors.

Additional Riyadh projects include Al Maseef residential complex and Parisiana Riyadh luxury villas, demonstrating the company's expertise in both commercial and high-end residential development.

Jeddah Portfolio

Dar Al Arkan completed the Al Manar residential project and Shams Al Arous, an 863,000 square metre integrated community in Jeddah. This existing Jeddah presence provides local market knowledge and established relationships with municipal authorities.

Holy Cities Developments

The company delivered Dar Al Mashaer residential project and Al Awali Villas in Makkah, along with Naeem El Jiwar villas and Al Noor Villas in Madinah. These projects required navigating additional regulatory considerations specific to the holy cities.

International Expansion Record

Dar Al Arkan extended beyond Saudi Arabia with projects including Urban Oasis by Missoni in Dubai, Les Vagues residences by Elie Saab in Qatar, and the Sidra gated community in Bosnia.

Recent Construction Progress Updates

According to Dar Al Arkan's 2023 annual report, infrastructure execution for Shams Ar Riyadh zones 4A and 4B reached 100% completion by year-end. Other zones progressed to 55% completion, demonstrating measurable advancement across the large-scale development.

Various projects entered construction phases following receipt of building permits. ROSHN-related developments advanced to 33% completion by end-2023, showing active execution across multiple fronts.

Financial Strength and Stability

Dar Al Arkan maintains commercial assets valued at SAR 31 billion with SAR 10.8 billion in capital. The company benefits from low-cost financing relationships with regional and global financial institutions.

This financial foundation supports the capacity to fund large-scale developments while maintaining liquidity for ongoing operations.

Arabian Construction Company Contractor Analysis

ACC Company Background

Dar Global's selection of Arabian Construction Company (ACC) for Trump Tower Jeddah provides important insights into contractor capabilities for future Trump-branded projects in Jeddah.

Founded in Lebanon in 1967 by the Merehbi and Mikati families, ACC evolved into one of the Middle East's leading contractors over nearly 60 years of operations. The company employs approximately 27,000 people and maintains headquarters in Abu Dhabi.

ACC Regional Operations and Reach

The contractor operates across the MENA region, India, and Africa with regional operations spanning multiple autonomous offices. ACC maintains a strong presence in Saudi Arabia, having completed numerous high-profile projects throughout the Kingdom.

Major Completed Projects

ACC's portfolio includes the King Abdullah Financial District in Riyadh, demonstrating capability on large-scale mixed-use developments in Saudi Arabia's capital. The Grand Mosque of Algiers represents another landmark project showcasing the contractor's experience with culturally significant buildings.

The company has delivered numerous super high-rise luxury developments, five-star hotels, hospitals, and sophisticated infrastructure projects across its operational territories.

Contractor Expertise and Specialization

ACC specializes in complex, prestigious construction projects with proven track record in reliable execution. The contractor's expertise encompasses all types of building construction, infrastructure and civil works, oil and gas facilities, and turnkey contracting.

This diverse capability base positioned ACC as an appropriate choice for Trump Tower Jeddah's main works contract, suggesting similar contractor selection criteria for Trump Plaza Jeddah.

Trump Plaza Jeddah Projected Timeline Analysis

Baseline Timeline from Trump Tower Jeddah

Trump Tower Jeddah announced in December 2024 targets December 2029 completion, establishing a five-year timeline from announcement to projected handover. This serves as the most relevant benchmark for Trump Plaza Jeddah expectations.

Trump Plaza Jeddah announced in September 2025 would reach a similar five-year mark in September 2030 if following an identical development cycle.

Pre-Construction Phase Considerations

Trump Tower Jeddah commenced pre-construction works approximately five months post-announcement. Trump Plaza Jeddah would likely follow a similar preliminary works timeline, suggesting potential construction commencement in early 2026.

However, this depends on regulatory approvals and construction licensing from Jeddah Municipality.

Manhattan Masterplan Land Acquisition Status

Dar Al Arkan completed the record $1.19 billion land acquisition for the Manhattan masterplan in September 2025. The company confirmed development fieldwork would commence following receipt of regulatory approvals and necessary licenses.

This recent land transfer completion means Trump Plaza Jeddah sits in the early development phase, with site preparation and regulatory approval processes still underway.

Realistic Timeline Projection

Combining these factors suggests Trump Plaza Jeddah could target completion between 2029 and 2030, assuming:

• Construction commencement in 2026 following regulatory approvals

• Four-year construction cycle similar to Trump Tower Jeddah

• No significant delays in permitting or site preparation phases

• Standard construction progress without major market disruptions

These projections remain speculative until Dar Global announces an official completion timeline.

Saudi Vision 2030 Context and Market Drivers

Infrastructure Investment Scale

Saudi Arabia invested SAR 4.9 trillion ($1.3 trillion) in infrastructure by 2024, supporting plans for over one million new residential units. This massive capital deployment creates both opportunities and resource allocation challenges across the construction sector.

Foreign Ownership Market Opening

The Kingdom opens its property market to foreign non-resident investors in January 2026, marking a defining moment for Saudi real estate. Trump Plaza Jeddah positions to capitalize on this new era of international participation.

This regulatory change creates additional demand drivers while increasing pressure on developers to deliver quality projects on schedule to maintain international investor confidence.

Major Vision 2030 Project Timelines

Jeddah Tower, originally begun in 2013 and halted in 2018, resumed construction with expected August 2028 completion. This demonstrates both the challenges and ultimate viability of major Jeddah developments.

Multiple megaprojects proceed with staggered delivery schedules through 2030 and beyond, creating sustained construction demand across the Kingdom.

Development Risk Factors to Consider

Regulatory Approval Dependencies

Trump Plaza Jeddah awaits final regulatory approvals before commencing Phase 1 construction. The timeline for obtaining necessary permits and licenses from Jeddah Municipality represents a key variable affecting project commencement.

Regulatory processes in Saudi Arabia can extend several months, particularly for large-scale mixed-use developments requiring comprehensive review.

Manhattan Masterplan Coordination Complexity

The project sits within Dar Al Arkan's 1 million square metre Manhattan masterplan across record-value land parcels. Coordinating Trump Plaza Jeddah with other developers and phases within this master development presents logistical challenges.

Site access, utility connections, and infrastructure timing depend partly on broader masterplan progress beyond Trump Plaza alone.

Portfolio Resource Allocation

Dar Global launched 10 projects valued at $1.9 billion in 2024 alone. Managing construction across this rapidly expanding portfolio creates resource allocation considerations.

The company must balance management attention, contractor relationships, and quality oversight across multiple simultaneous developments in different markets.

Economic and Market Variables

Construction material costs, labor availability, and Saudi Arabia's broader economic conditions affect delivery schedules. Global supply chain dynamics and regional construction demand influence both timelines and budgets.

Currency fluctuations and financing conditions may also impact project economics, though Dar Al Arkan's strong financial position mitigates some of these concerns.

Mitigating Factors Supporting Successful Delivery

Proven Parent Company Execution

Dar Al Arkan's 31-year track record and delivery of more than 15,000 residential units demonstrates sustained execution capability. The parent company has navigated multiple real estate cycles while maintaining operations.

This institutional experience reduces execution risk compared to newer developers without established operational frameworks.

Experienced Main Contractor Network

ACC's nearly 60-year operational history and completion of major Saudi projects reduces construction execution risk. The contractor's existing relationships and regional presence support efficient project mobilization.

Dar Global's selection of proven contractors rather than untested firms demonstrates prudent risk management.

Strong Financial Foundation

Dar Global's London Stock Exchange listing provides access to international capital markets. Dar Al Arkan's SAR 31 billion asset base and established banking relationships ensure financing availability.

This financial stability supports the ability to weather market fluctuations while maintaining construction progress.

Recent International Delivery Success

Dar Global's successful 2024 handovers of Urban Oasis Tower and 149 Old Park Lane establish recent delivery credibility. These completions demonstrate the company can execute luxury developments outside its home market.

The proven ability to deliver Trump Tower precedent projects reduces perceived execution risk for Trump Plaza.

Investment Considerations and Due Diligence

Timeline Uncertainty Acknowledgment

Prospective investors should recognize that Dar Global has not announced an official completion timeline for Trump Plaza Jeddah. Any projections based on Trump Tower Jeddah timelines or industry standards represent estimates rather than commitments.

Construction has not yet commenced as of December 2025, with the project still in regulatory approval and site preparation phases.

Developer Credentials Verification

While Dar Al Arkan demonstrates solid 31-year credentials, Dar Global itself operates with a shorter independent track record. The company's first international completions occurred only in 2024.

Investors should distinguish between the parent company's extensive history and the subsidiary's more recent operational record.

Market Conditions and Demand Factors

Saudi Arabia's January 2026 opening to foreign property investors creates new demand dynamics. However, this untested market may experience volatility as regulations are implemented and investor interest develops.

The success of Trump Plaza Jeddah depends partly on sustained international demand for Saudi luxury real estate, which remains to be proven at scale.

Project-Specific Research Requirements

Investors should conduct independent due diligence including site visits, review of sales contracts, verification of regulatory approvals, and assessment of local market conditions. Professional legal and financial advice specific to Saudi real estate investment is recommended.

Understanding the specific terms, payment schedules, and buyer protections within Trump Plaza Jeddah sales agreements requires careful review beyond developer marketing materials.

Comparative Analysis with Regional Luxury Developments

Dubai Luxury Market Benchmarks

Dubai's established luxury development market provides comparison points for understanding timelines and execution standards. Typical luxury high-rise developments in Dubai run 3-4 years from construction commencement to handover.

Dar Global's Dubai projects generally align with these industry timelines, supporting credibility of similar schedules for Jeddah developments.

Saudi Arabia Development Pace

Saudi mega-projects often face longer timelines than initially projected, as seen with Jeddah Tower and various Vision 2030 initiatives. However, smaller-scale luxury residential developments typically maintain more predictable schedules.

Trump Plaza Jeddah's moderate scale compared to mega-projects suggests more manageable execution, though it remains larger than typical residential towers.

Trump Organization Global Development Record

The Trump Organization operates primarily as a licensing and management company rather than developer on international projects. Project execution depends entirely on local development partners like Dar Global.

Trump-branded developments globally show varied delivery records depending on local developer capabilities and market conditions.

Final Assessment and Conclusion

Trump Plaza Jeddah benefits from a developer with established parent company credentials spanning three decades of Saudi Arabian real estate development. Dar Al Arkan's completion of more than 15,000 residential units and 500,000 square metres of commercial space demonstrates proven execution capability within the Kingdom.

Dar Global's 2024 completion of Urban Oasis Tower and 149 Old Park Lane establishes recent delivery credibility at the international luxury level. These handovers represent critical proof points for the company's independent execution capabilities.

The most relevant timeline benchmark comes from Trump Tower Jeddah, targeting December 2029 completion on a five-year development cycle from announcement. Applying similar parameters to Trump Plaza Jeddah's September 2025 announcement suggests potential completion in the 2029-2030 timeframe.

However, prospective investors must recognize that no official completion timeline has been announced and construction has not yet commenced. Project success depends on timely regulatory approvals, effective construction phase execution, and successful management of the broader Manhattan masterplan development.

The developer demonstrates solid credentials and financial backing, but Trump Plaza Jeddah represents an early-stage development with inherent timeline uncertainties. Interested parties should conduct comprehensive due diligence and seek professional advice before making investment commitments.