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Trump Organization unveils $1B Trump Plaza in Jeddah
Dar Global, the international arm of Saudi developer Dar Al Arkan, unveiled Trump Plaza Jeddah on September 29, 2025, a roughly $1 billion project following Trump Tower Jeddah. The Trump Organization’s fee is folded into about $9 million in Saudi licensing income in Trump’s 2025 disclosure.
What happened
On September 29, 2025, Dar Global, the London-listed international arm of the Saudi developer Dar Al Arkan, announced Trump Plaza Jeddah. It is a second Jeddah collaboration with the Trump Organization, following Trump Tower Jeddah, launched in 2024. The roughly $1 billion development has residences, serviced apartments, office space and townhouses on a 28,000-square-metre corner of Dar Al Arkan’s planned “Manhattan” district on King Abdulaziz Road. No construction timeline was given.
Dar Global formally launched the project on January 12, 2026, the same week it unveiled a Trump golf resort in Diriyah. It described its Saudi pipeline with the Trump Organization as worth about $10 billion. Dar Al Arkan’s deal with Trump dates to November 2022, finalized the day before Trump announced his 2024 campaign.
The Trump Organization’s fee is not broken out. Trump’s 2025 financial disclosure shows about $9 million in licensing income from Saudi Arabia, the third-largest country after the UAE and India. The $1 billion is the project’s value, not income to the family.
Who benefited
The Trump Organization and the Trump family receive licensing fees without putting up capital. Saudi Arabia produced about $9 million of Trump’s 2025 licensing income. Dar Global gets a second Trump-branded project to sell in Jeddah and a third in Riyadh.
Who wanted something
Dar Global and Dar Al Arkan have a chief executive, Ziad El Chaar, who previously worked for Trump’s Dubai partner. The record does not show specific business they had before the U.S. government. Their government was dealing with the administration on a $142 billion arms package, a civil nuclear agreement and defense commitments.
Who lost out
U.S. policy toward Saudi Arabia, including arms sales and defense commitments, was being set by a president whose company was expanding its Saudi business at the same time. No public money changed hands, and the Trump Organization’s fee is not broken out.
Why it matters
A Saudi developer deepened a financial relationship with the president’s brand that began the day before he announced his campaign. It now describes a $10 billion Trump pipeline in the kingdom. Saudi Arabia accounted for about $9 million of Trump’s foreign licensing income in 2025.
Sources The Real DealAl Arabiya EnglishGulf NewsForbesU.S. Office of Government Ethics (primary)