Dar Global Awards Main Works Contract to Arabian Construction Company for $531 Million Luxury Project.
This major milestone signals the start of what will become one of Jeddah’s most iconic residential developments. Strategically positioned on the Jeddah Corniche, the SAR 2 billion (USD 531 million) project is set to redefine the city’s skyline through its striking architectural design, elevated standards of luxury, and exceptional attention to detail.
Set to stand among the tallest towers in the city, Trump Tower Jeddah will rise 47 storeys and feature ultra-luxury residences crafted to the highest global benchmarks. The development will also introduce the Kingdom’s first-ever Trump Club, an exclusive members-only destination offering premium amenities and curated experiences in a refined and private setting.
Ziad El Chaar, CEO of Dar Global, commented: “Trump Tower Jeddah represents the next era of luxury living in Saudi Arabia. With the main works contract 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.”
Rachid Mikati, Executive Director at ACC, added: “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 developments, and we are thrilled to partner with them on this iconic project. 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.”
With a distinguished track record in delivering landmark towers, hospitality destinations, and high-rise residential developments across the region, ACC is poised to execute yet another flagship project that contributes to the Kingdom’s ongoing transformation and urban evolution.
FOR MORE INFORMATION: