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Global  + Apartments  |  September 30, 2025
Paul Bubny
By: Paul Bubny

Dar Al Arkan, Trump Organization Partner on $1B Jeddah Project

Saudi Arabian developer Dar Al Arkan is partnering with the Trump Organization on Manhattan, a one-million-square-meter (approximately 10.8 million square feet) master-planned community along the Red Sea in Jeddah. The $1-billion Trump Plaza Jeddah will be the second Trump-branded project from Dar Al Arkan, following the success of Trump Tower Jeddah in 2024.

Positioned on the most prominent 28,000-square-meter corner of the site, Trump Plaza will bring together Manhattan-style offices, premium residences, serviced apartments, exclusive townhouses and a Central Park-inspired park, according to Dar Al Arkan.

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. 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.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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