Dar Al Arkan, Trump Organization Partner on $1B Jeddah Project
Saudi Arabian developer Dar Al Arkan is partnering with the Trump Organization on Manhattan, a one-million-square-meter (approximately 10.8 million square feet) master-planned community along the Red Sea in Jeddah. The $1-billion Trump Plaza Jeddah will be the second Trump-branded project from Dar Al Arkan, following the success of Trump Tower Jeddah in 2024.
Positioned on the most prominent 28,000-square-meter corner of the site, Trump Plaza will bring together Manhattan-style offices, premium residences, serviced apartments, exclusive townhouses and a Central Park-inspired park, according to Dar Al Arkan.
Yousef Al Shelash, chairman of Dar Al Arkan, said, “The Manhattan masterplan is built on one of the most extraordinary land plots in Jeddah — a record-value site on King Abdulaziz Road. This is truly a once-in-a-lifetime development opportunity. Because of the strength of this location, we are creating a world-class community that will redefine urban living in Saudi Arabia, creating a walkable, sustainable and connected community that offers a new benchmark for lifestyle and investment in the Kingdom.”
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout