Property News International

Change region:

GlobalcheckMiddle East

Subscribe to Our Newsletter

Sign up to receive the latest tech news and updates from Property News International straight to your inbox.

By signing up, you will receive emails about property news products and you agree to our terms of use and privacy policy.

@2026 Property News International. All Rights Reserved.

Blends Media
A Blends Media Group Production

Dar Global Awards Main Contract for Trump Tower Jeddah to ACC

Dar Global appoints Arabian Construction Company as the main contractor for the USD 531 million Trump Tower Jeddah, marking a major milestone in the project’s next phase.
Trump Tower in New York. The Jeddah trump Tower is set for completion in 2029. (Image: Shutterstock)Trump Tower in New York. The Jeddah trump Tower is set for completion in 2029. (Image: Shutterstock)

Jeddah, Saudi Arabia: Dar Global, the London-listed luxury developer, has appointed Arabian Construction Company (ACC) as the main contractor for Trump Tower Jeddah, marking a major progression in the tower’s construction timeline. The contract award follows the completion of enabling and foundation works, moving the landmark project into its next phase.

Valued at USD 531 million (SAR 2 billion), Trump Tower Jeddah is set to become a defining architectural statement on the Jeddah Corniche. Designed to reshape the city’s luxury residential landscape, the 47-storey tower will stand among Jeddah’s tallest structures, offering ultra-premium residences and elevated lifestyle amenities.

A New Benchmark for Luxury Living in Jeddah

Positioned on one of the city’s most sought-after waterfront stretches, Trump Tower Jeddah will also introduce the first Trump Club in Saudi Arabia — a private members-only environment featuring curated experiences, world-class facilities and an exclusive social setting tailored to discerning residents.

Ziad El Chaar, CEO of Dar Global, said: “Trump Tower Jeddah represents the next era of luxury living in Saudi Arabia. With the enabling and foundation works completed and the main works now awarded, the project is ready to rise, a symbol of our long-term commitment to bringing world-class real estate to the Kingdom. This milestone reflects our confidence in Saudi Arabia’s vibrant real estate market and our mission to deliver globally benchmarked developments that elevate the local landscape.”

Read more: $1B Trump Plaza Jeddah Announced After Success of Trump Tower Jeddah

ACC Set to Lead Main Construction Works

Arabian Construction Company, one of the region’s leading contractors known for delivering complex high-rise and luxury developments, will now take the project forward into full structural construction.

Trump Plaza Jeddah is set to emerge as a landmark in Saudi Arabia’s growing real estate sector, strengthening Jeddah’s position as a hub for luxury living and global investment. (Image: Dar Global)Trump Plaza Jeddah is set to emerge as a landmark in Saudi Arabia’s growing real estate sector, strengthening Jeddah’s position as a hub for luxury living and global investment. (Image: Dar Global)

Rasheed Mikati, Executive Director of ACC, said: “We are immensely proud to be awarded this significant contract for Trump Tower Jeddah. This collaboration with Dar Global reinforces our proven expertise in delivering complex, high-profile projects. Dar Global consistently delivers world-class projects, and we are thrilled to partner with them on this iconic development. ACC is fully committed to bringing this architectural landmark to life with the highest standards of quality and innovation, ensuring it becomes a testament to Jeddah’s ambition and our capabilities.”

The awarding of the main works contract marks a pivotal moment in the progression of Trump Tower Jeddah, positioning the project to advance rapidly toward above-ground construction. As Dar Global and ACC move into the next stage, the development is set to become a defining addition to Jeddah’s evolving skyline and a benchmark for luxury real estate in the Kingdom. With its high-profile partnerships and strategic waterfront location, Trump Tower Jeddah underscores the continued momentum of Saudi Arabia’s premium residential sector and the nation’s broader ambitions under Vision 2030.