Dar Global & Trump Organization Launch 10B USD Saudi Projects

Saudi developer Dar Global and the Trump Organization have announced plans to develop real estate projects worth $10 billion in Saudi Arabia, according to a statement on Saturday. The developments will be located in Riyadh and Jeddah, two of the kingdom’s largest urban centres.

In Riyadh, the partnership will deliver a Trump International Hotel and a Trump National Golf Course as part of the Diriyah project, a historic district undergoing large-scale redevelopment.  The Diriyah project is intended to combine luxury hospitality, residential and leisure components and is positioned as a premium destination on the outskirts of the capital.

In Jeddah, the companies plan to build Trump Plaza, a mixed-use development that will include luxury residences and commercial space. The project is aimed at the city’s growing demand for high-end property and its role as a key commercial hub along the Red Sea coast.

• Saudi developer Dar Global plans $10B Trump-branded real estate projects in the kingdom
• Trump hotels, golf and luxury projects planned for Riyadh’s Diriyah and Jeddah
• Developments align with Saudi Vision 2030 and push to attract foreign investment

Eric Trump, executive vice president of the Trump Organization, said the projects are expected to be completed within four to five years. Dar Global chief executive Ziad El Chaar said the developments reflect continued foreign investment interest in Saudi Arabia’s property market.

The agreement builds on earlier collaborations between Dar Global and the Trump Organization in the region. Dar Global is the international arm of Dar Al Arkan, one of Saudi Arabia’s largest real estate firms.

The projects align with Saudi Arabia’s Vision 2030, which seeks to diversify the economy beyond oil by expanding tourism, real estate, and entertainment sectors. As part of these reforms, the kingdom has also begun allowing foreigners to own property in designated areas, a move aimed at attracting overseas investors.

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Officials say the developments are intended to support long-term urban growth and position Saudi Arabia as a destination for global luxury brands, while contributing to job creation and investment inflows.