The Trump Organization has teamed up with Saudi developer Dar Global to launch two major luxury real estate projects worth $10 billion in Riyadh and Jeddah. Announced in early 2026, these developments include a high-end golf resort near Riyadh and a mixed-use tower in Jeddah, aiming to attract global investors as Saudi Arabia opens its property market to foreigners.
Project Highlights in Riyadh and Jeddah
The Riyadh project focuses on the Trump International Golf Club in Wadi Safar, part of the larger Diriyah area. This 2.6 million square meter development will feature a championship golf course, a luxury hotel, and premium residences. Officials say it aligns with Saudi efforts to boost tourism and diversify the economy beyond oil.
In Jeddah, Trump Plaza will offer apartments, office spaces, townhouses, and a private park. Valued at over $1 billion alone, this tower targets international buyers looking for upscale living in a vibrant coastal city. Eric Trump, executive vice president of the Trump Organization, praised the projects for their world-class design and potential to draw high-net-worth individuals.
These launches come right after Saudi Arabia introduced new rules in January 2026 allowing non-Saudis to own property in key cities. This change supports Crown Prince Mohammed bin Salman’s Vision 2030 plan, which seeks to bring in foreign capital and create jobs.
Economic Impact and Market Trends
Saudi Arabia’s real estate sector is heating up with these deals. Experts predict the projects could generate thousands of jobs during construction and operation. The golf resort in Riyadh alone might boost local tourism, drawing visitors from around the world to its facilities.
Recent data shows foreign investment in Saudi property jumped 15 percent in the last quarter of 2025, according to industry reports. This growth ties into broader reforms, like easing visa rules and building new entertainment hubs. However, challenges remain, such as a rent freeze in Riyadh announced in September 2025, which some investors worry could affect property values.
The partnership builds on past Trump deals in the region, including projects in Oman and Qatar. It reflects a trend where global brands enter Gulf markets to tap into rising demand for luxury living.
Here are key economic benefits expected from these projects:
- Job creation: Up to 5,000 positions in construction and hospitality.
- Tourism boost: Annual visitor increase of 20 percent in Diriyah area.
- Investment influx: Potential $2 billion in foreign funds over five years.
Ties to Saudi Vision 2030
Vision 2030 drives much of this activity. The plan aims to transform Saudi Arabia into a global hub for business and leisure by 2030. Real estate plays a big role, with goals to build millions of new homes and attract 100 million tourists yearly.
The Trump projects fit this vision by offering branded luxury that appeals to international audiences. For instance, the Jeddah tower includes modern amenities like smart offices and green spaces, which align with sustainable development goals.
Saudi officials have pushed for such partnerships to speed up diversification. In 2025, the kingdom hosted major events like the Future Investment Initiative, where real estate deals were a hot topic. These Trump ventures could set a model for more Western brands entering the market.
Potential Challenges Ahead
Not everything is smooth sailing. Investors point to legal hurdles, like complex ownership laws that still need clarification. The rent freeze in Riyadh might exempt luxury spots, but it has sparked debates about market stability.
Global economic factors, such as rising interest rates, could slow sales. In 2025, similar projects in the Gulf saw delays due to supply chain issues from ongoing global trade tensions.
Despite these, optimism runs high. Sales for initial units in the Riyadh golf club have been strong, pushing the Trump Organization to expand faster.
| Project Name | Location | Key Features | Estimated Value | Completion Timeline |
|---|---|---|---|---|
| Trump International Golf Club | Wadi Safar, Riyadh | Golf course, hotel, residences | $7 billion | 4-5 years |
| Trump Plaza | Jeddah | Apartments, offices, townhouses, park | $3 billion | 4-5 years |
Global Reactions and Future Outlook
Reactions vary worldwide. Supporters see it as a smart business move that strengthens US-Saudi ties. Critics raise concerns about mixing family business with politics, especially given past Trump administration dealings in the region.
Looking ahead, these projects could pave the way for more collaborations. Saudi Arabia plans to invest $1 trillion in real estate by 2030, creating opportunities for brands like Trump.
In the end, these deals highlight how global real estate is evolving amid economic shifts. Readers, what do you think about these developments? Share your thoughts in the comments and pass this article along to friends interested in international business news.
