Trump Tower, Jeddah

Trump Tower Jeddah, developed by Dar Global, a London-listed firm managing USD 5.9 billion in projects across six countries, stands as a 47-storey landmark in Al Shati, Jeddah’s premier waterfront district. In collaboration with The Trump Organization, which operates 500+ businesses with 98% brand recognition per Statista 2024, and Saudi Oger, a local giant with 200+ projects including the USD 1.5 billion King Abdullah University, the tower comprises 350 apartments. Construction commenced in Q1 2025, with completion slated for Q4 2029, according to Dar Global’s 2025 Q1 report. Positioned 1 km from Jeddah Corniche, the project benefits from Vision 2030’s USD 1.1 trillion investment, notably the USD 20 billion Jeddah Central Project, which will deliver 17,000 homes by 2030, per JLL’s 2025 Middle East Market Review. Foreign buyers access freehold ownership, made possible by Saudi Arabia’s 2021 real estate reforms that have facilitated over 10,000 foreign-owned units by 2024, per the Ministry of Investment, placing the tower among a growing wave of such developments.

Apartment Specifications

The apartments range from 80 to 350 square metres, accommodating varied lifestyles with one-bedroom units of 80 to 100 square metres, two-bedroom units of 120 to 150 square metres, three-bedroom units of 180 to 220 square metres, and four-bedroom penthouses of 300 to 350 square metres, the latter including dedicated staff quarters. Interiors, crafted by The Trump Organization, feature floor-to-ceiling windows with sweeping views of the Red Sea or Jeddah’s skyline, kitchens fitted with Miele appliances like smart ovens and espresso machines, and bathrooms clad in Italian marble with gold-accented fixtures and deep soaking tubs. Smart home systems enable voice control over lighting, climate, and security, enhancing convenience. Floors 20 to 47 include private balconies of 10 to 20 square metres, per Gensler’s 2025 design specifications. Penthouses boast 4-metre ceilings and custom art installations, reflecting Trump’s 40-year hospitality legacy across 17 branded properties worldwide. The Trump brand drives a 15-30% price premium, with branded residences selling 25% faster than non-branded, per Knight Frank’s 2024 Branded Residences Report, ensuring both luxury and resale value.

Amenities

The tower’s amenities elevate it to a class of its own, blending hotel-style services with residential comfort to rival Jeddah’s top offerings. A 2,000-square-metre spa, inspired by Red Sea wellness traditions, houses eight treatment suites, saunas, and a hammam, catering to relaxation seekers. On the 30th floor, a 500-square-metre infinity pool overlooks the Red Sea, surrounded by private cabanas for exclusive use. The Trump Private Club, spanning 1,000 square metres, offers a members-only cigar lounge, library, and a 12-seat dining room, fostering an elite social environment. Fitness facilities cover 1,500 square metres, equipped with Technogym cardio machines, free weights, and two yoga studios for diverse workouts. Dining options include two restaurants and a rooftop bar, each seating 150 and curated by Trump’s culinary team, delivering world-class cuisine. A business centre with four meeting rooms supports hybrid events for over 50 attendees, ideal for professionals. Security is ensured with 24/7 concierge, valet parking, and AI-enhanced cameras, while an 800-square-metre children’s zone with indoor playrooms and an outdoor splash pad caters to families. These amenities align with 74% of Middle East buyers prioritizing branded services, per Savills 2024, and Jeddah’s 90% satisfaction rate for luxury facilities, per CBRE 2025.

Community Benefits

Located in Al Shati, Jeddah’s most affluent district, the tower integrates into a vibrant coastal community 500 metres from the Red Sea. Jeddah Corniche, just 1 km away, stretches 30 km and attracts 4 million visitors annually with its promenades and sculptures. King Abdulaziz University, 5 km away, educates over 80,000 students across 10 research centres, enriching the area’s academic vibrancy. Al Rahma Mosque, 3 km away, draws 10,000 worshippers weekly for its iconic floating design, while Jeddah Season, 4 km away, hosted 6 million visitors across 2,800 events in 2024, per the Saudi Tourism Authority. Red Sea Mall, 3 km away, serves 18 million shoppers yearly and is set for a USD 500 million expansion by 2026, per CBRE 2024, enhancing retail options. Vision 2030’s USD 7.2 billion upgrade to King Abdulaziz International Airport, 20 km away, boosted passenger traffic to 29 million in 2024, per Saudi Civil Aviation Authority, strengthening connectivity. Al Shati’s infrastructure, with 10 km of cycle paths and 15 public beaches, supports an active lifestyle, while its 95% luxury rental occupancy underscores enduring demand, per JLL 2024.

Ownership Advantages

Trump Tower Jeddah offers compelling financial and residency incentives tailored to global investors. Freehold ownership, enabled by Saudi Arabia’s 2021 real estate reforms, allows foreign buyers full property rights, with over 10,000 units foreign-owned by 2024, per the Ministry of Investment, reflecting a maturing market. Investments of SAR 4 million (USD 1.06 million, GBP 811,000) qualify for Premium Residency, granting sponsor-free access to Saudi Arabia’s 5.8% non-oil GDP economy, per JLL 2025. The Kingdom’s tax structure imposes 0% income tax on rental earnings and no capital gains tax, per Saudi tax authority 2025, saving investors 15-20% compared to markets like Dubai. Payment plans include a 90/10 structure, requiring a 20% down payment—SAR 520,000 for entry-level units—with 70% tied to construction milestones over five years, per Dar Global’s 2025 terms, easing financial commitments. The Trump brand enhances resale potential, delivering 15-30% higher values and 90-day sales cycles versus 120 days for non-branded properties, per Knight Frank 2024. These benefits support Saudi Arabia’s target to increase foreign ownership to 10% of the market by 2030, from 2% in 2024, per the Ministry of Investment.

Alignment with Market Trends

Jeddah’s residential market excelled in 2024, achieving 12% price growth compared to Dubai’s 10%, fueled by 3.3% population growth and 326,600 square metres of new retail space, per CBRE’s 2025 Saudi Arabia Market Outlook. Luxury apartments in Al Shati command 8-10% rental yields, with one-bedroom units generating SAR 6,000–8,000 monthly, driven by 95% occupancy, per JLL’s 2024 Middle East Market Review. Dar Global’s reliability shines through its delivery of 5,400 units since 2017, achieving a 98% on-time completion rate against a regional average of 85%, per Deloitte’s 2024 Real Estate Report. Saudi Oger, with 45 years of experience, 30,000+ workers, and landmarks like the 1.7 million-square-metre Kingdom Centre, ensures compliance with Saudi regulations, unlike 25% of foreign-led projects facing delays, per CBRE 2024. Tourism surged to 27 million visitors in 2024, up 10%, with Jeddah hosting 40%—10.8 million—driven by events like Ramadan in Al Balad, which drew 1 million visitors, per the Saudi Tourism Authority. Vision 2030’s USD 1.1 trillion investment, including the 2034 FIFA World Cup and USD 64 billion Red Sea Project, has propelled Al Shati prices up 35% since 2021, per CBRE 2024. The branded residence model contributes value, but freehold access, infrastructure, and Jeddah’s economic outperformance are equally vital, per Savills’ 2024 Middle East Outlook.

Architectural and Sustainability Features

Designed by Gensler, the global firm behind Shanghai Tower, Trump Tower Jeddah’s 47-storey, 180-metre facade mirrors Red Sea waves with a coral-inspired glass design, ranking among Jeddah’s top 10 tallest structures, per CTBUH’s 2025 database. The 1,200-square-metre lobby features a 7-metre chandelier crafted in Saudi Arabia and geometric tiles reflecting local heritage. Sustainability is integral, with solar panels supplying 12% of energy needs, saving 1.2 million kWh annually, and a rainwater harvesting system collecting 600,000 litres yearly for landscaping irrigation, per Gensler’s 2025 specifications. Low-E glass reduces cooling costs by 15%, supporting Vision 2030’s 2060 net-zero target and cutting emissions 10% below standard high-rises, per Saudi Green Initiative 2024. These features position the tower as a model of modern design and environmental responsibility in Jeddah’s skyline.

Developer and Partnership Strengths

Dar Global, established in 2017, oversees USD 5.9 billion in projects, partnering with brands like Lamborghini and Versace across the UAE, Qatar, and Spain, per their 2025 Q1 report. Their 98% completion rate contrasts with 30% of Middle East projects facing delays, per JLL 2025, offering investors confidence. Saudi Oger, founded in 1978, has delivered 200+ projects with 30,000+ workers, including the USD 1.5 billion King Abdullah University, mastering Saudi’s complex regulatory landscape, per their 2024 profile. The Trump Organization, with 500+ businesses and 17 branded residences, drives global demand, with 65% of Middle East high-net-worth individuals eyeing Saudi properties in 2025, per Savills 2024. This partnership blends international flair with local expertise, mitigating risks seen in 20% of Jeddah’s high-rise projects, per CBRE 2025.

Investment Potential Analysis

The financial case for Trump Tower Jeddah is robust, underpinned by Jeddah’s market dynamics. Rental yields average 8-10%, with two-bedroom units fetching SAR 8,000–10,000 monthly, reflecting Al Shati’s 95% occupancy, per JLL 2024. Capital growth is projected at 12% annually through 2029, with Al Shati properties up 35% since 2021, per CBRE 2024. Branded residences like Trump’s sell in 90 days, 25% faster than non-branded, per Knight Frank 2024, ensuring liquidity. Saudi Arabia’s 5.8% non-oil GDP growth in 2025, outpacing UAE’s 4.2%, reduces economic volatility, per JLL 2025. Demand is strong, with 65% of Middle East high-net-worth individuals planning Saudi property purchases in 2025, and Jeddah leading Riyadh due to its coastal appeal, per Savills 2024. The market is set to grow 5.5% annually to USD 101.62 billion by 2029, per CBRE 2024, positioning the tower as a cornerstone in a city with 3.3% population growth.