Staff Report
Dubai, UAE
Dar Al Arkan, Saudi Arabia’s leading real estate developer, is set to unveil Manhattan, a landmark masterplan spanning one million square metres in Jeddah. The project will feature Trump Plaza Jeddah, a US$1 billion (Dh3.67 billion) branded mixed-use project that will be developed by Dar Global, the global arm of Dar Al Arkan, in partnership with The Trump Organisation.
Covering 1 million square metres of prime land in the heart of Jeddah, Mahanttan boasts the highest land transaction ever recorded in the city. It is strategically located on King Abdulaziz Road, the main spine of Jeddah. The masterplan is divided into four districts, each anchored by a central park and connected by a boulevard and an expansive green spine running the length of the site. It will feature open spaces, pedestrian-friendly streets, and integrated commercial and residential zones.
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, the city’s most important artery. 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.”
Trump Plaza Jeddah, developed by Dar Global in collaboration with The Trump Organization will span 28,000 square metres of Manhattan masterplan. Trump Plaza will comprise Manhattan-style offices, residences, serviced apartments, townhouses. Amenities include a retail courtyard, F&B outlets, and a Central Park-inspired park. The development marks Dar Global’s second collaboration in Jeddah with The Trump Organisation following the launch of Trump Tower Jeddah in December last year.
Ziad El Chaar, CEO of Dar Global, added, “Trump Plaza Jeddah is a pioneering concept in Saudi Arabia and one of the most ambitious developments Dar Global has undertaken to date. By combining residential, serviced, and office components with a Central Park-inspired landscape, we are delivering a unique lifestyle destination that reflects both Manhattan’s vibrancy and Jeddah’s strategic role as a cultural and commercial hub.”
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Also read: Dar Global partners with The Trump Organization for Jeddah debut
