Dar Global, the London-listed luxury real estate developer, has announced the launch of two high-profile projects in Riyadh in collaboration with The Trump Organization.

These developments mark the fourth and fifth partnerships between the two entities, building on the success of Trump International Oman, a key project within the prestigious AIDA development.

Focus on Saudi Arabia’s Luxury Real Estate Market

The new projects are aimed at the high-end Saudi Arabian market and international investors, aligning with Dar Global’s strategy to capitalise on key opportunities across major cities in the Kingdom.

As the international arm of Saudi mega-developer Dar Al Arkan, Dar Global’s portfolio currently includes $7.5 billion worth of projects under development across six countries, including the UAE, Oman, Qatar, the UK, Spain, and Saudi Arabia.

Upcoming Launch of Trump Tower Jeddah

The announcement coincides with the upcoming official launch of Trump Tower Jeddah, the third joint venture between Dar Global and The Trump Organization.

This new addition underscores a decade-long relationship between the two entities and a shared commitment to redefining luxury living in the region.

Ziad El Chaar, CEO of Dar Global, highlighted the strategic significance of the partnership: "We are proud to expand our collaboration with The Trump Organization and deliver new iconic projects in Riyadh. Together, we are setting new benchmarks for quality and sophistication, strengthening our presence in this high-growth market."

Eric Trump, Executive Vice President of The Trump Organization, also expressed enthusiasm: "Following the remarkable success of Trump International Oman and our recent ventures in Dubai and Jeddah, we are thrilled to announce two additional projects in Riyadh. These developments will set the standard in luxury for years to come."

Luxury Real Estate Trends

This announcement comes amid a surge in luxury-branded real estate developments in the region. The Trump Organization has been steadily expanding its presence, with recent high-profile projects such as Trump International Oman and Trump Tower Jeddah.

Dar Global’s new projects in Riyadh join a growing list of ultra-luxury developments in the Middle East. Competitors in the region include the forthcoming Mercedes-Benz and Binghatti $1 billion tower in Dubai, as well as the Armani-branded residences and the Bulgari Lighthouse, set for completion in the coming years.

The Trump Organization has expressed keen interest in expanding its footprint in the Middle East, citing the region’s rapid economic growth and increasing demand for luxury properties.

This aligns with Dar Global’s focus on developing premium real estate in high-growth markets, further solidifying their position as a leader in luxury real estate development.