Saudi Arabia’s real estate and tourism landscape has reached a new milestone with the announcement of a major $10 billion development partnership between Dar Global and the Trump Organization. This high-profile collaboration marks one of the largest foreign-led investments into the Kingdom’s property sector and signals growing confidence in Saudi Arabia’s Vision 2030 economic transformation.

Launched in early 2026, the initiative aims to bring iconic luxury developments to Saudi cities, with projects that blend upscale hospitality, resort lifestyles, and mixed-use urban living.

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A Strategic Partnership for Growth

The deal — valued at $10 billion (SAR 37.5 billion) — pairs Dar Global, a prominent Riyadh-based real estate developer with extensive experience in upscale mixed-use projects, with the Trump Organization, a well-known global brand in luxury real estate and hospitality.

Together, the firms plan to deliver two major developments:

• A Trump International Hotel and Golf Course in Diriyah

• A Trump Plaza mixed-use destination in Jeddah

These projects mark the Trump Organization’s first major ventures in Saudi Arabia, building on Dar Global’s strong local market understanding and international partnerships.

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Project Highlights

1. Trump International Hotel & Golf Course — Diriyah

Located within the historic and rapidly emerging Diriyah district, this development is poised to become a world-class luxury destination combining:

• A signature Trump International Hotel

• A championship golf course

• Upscale residences and villas

• Premium leisure amenities

The golf course and hospitality offerings are expected to appeal to both domestic and international visitors, adding to Diriyah’s cultural and tourism appeal.

2. Trump Plaza — Jeddah

Jeddah’s economic dynamism and coastal location make it an ideal destination for the second phase of development:

• Mixed-use residential towers

• Retail and entertainment spaces

• Luxury hotels and branded residences

• Waterfront dining and lifestyle venues

Trump Plaza in Jeddah aims to become a centerpiece for urban luxury living on the Red Sea coast.

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Why This Partnership Matters

This strategic collaboration is significant for several reasons:

Boost to Foreign Investment

The $10 billion development signals strong international confidence in Saudi Arabia’s property and tourism sectors, encouraging further foreign involvement and capital inflows.

Alignment with Vision 2030

These projects are directly aligned with Saudi Vision 2030, which aims to diversify the economy, expand tourism offerings, and develop high-value real estate markets beyond oil.

New Jobs and Economic Opportunities

Construction, hospitality, and services related to these developments are expected to create thousands of jobs and stimulate local supply chains, boosting broader economic activity.

Elevating Global Profile

The Trump Organization’s brand presence brings global attention to Saudi real estate, supporting the Kingdom’s efforts to position itself as a regional cultural and lifestyle hub.

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Timeline and Development Outlook

While specific opening dates have not been officially announced, both developments are expected to enter design and planning stages in 2026, followed by phased construction. Industry analysts predict:

• Groundbreaking work and early infrastructure in late 2026

• Partial openings of key assets by 2028–2030

• Full build-out over the next decade

As with most large-scale developments, timelines may adjust according to market conditions and regulatory approvals.

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Conclusion

The $10 billion partnership between Dar Global and the Trump Organization represents a major milestone for Saudi Arabia’s real estate sector — combining international luxury branding with local development expertise. By bringing world-class hospitality, lifestyle, and mixed-use projects to Diriyah and Jeddah, the collaboration exemplifies how international investment and Vision 2030 ambitions can converge to reshape the Kingdom’s urban and economic future.

As these developments take shape, they are set to redefine luxury living and elevate Saudi Arabia’s presence on the global real estate stage.