Manhattan Jeddah 2026: The Largest Masterplan in the City's History with 1 Million sqm and Trump Plaza Tower

Introduction: A Project That Will Transform Jeddah Forever

In September 2025, Dar Al Arkan Real Estate Development announced the launch of the largest urban masterplan in Jeddah's history: "Manhattan Jeddah," also known as "Amaya." A massive project spanning 1 million square meters in the heart of the city, on the most expensive plot of land ever sold in Jeddah at SAR 4.5 billion.

This project is not just an ordinary real estate development, but a complete redefinition of urban living in Saudi Arabia. Inspired by the famous Manhattan district in New York City, it combines global luxury with authentic Saudi identity, becoming an integrated destination for living, working, and entertainment.

In this comprehensive guide, we will explore everything you need to know about Manhattan Jeddah: location, developer companies, components, unit types, prices, and how to invest in this exceptional project.

First: Project Overview

Basic Data

Project Name: Manhattan Jeddah, also known as "Amaya." Location: King Abdulaziz Road in the heart of Jeddah, the city's main arterial road. Total Area: 1 million square meters (1,000,000 sqm). Land Value: SAR 4.46 billion, the highest real estate transaction ever recorded in Jeddah. Expected Opening: 2030, with Trump Plaza sales beginning January 12, 2026.

Why "Manhattan"?

The name "Manhattan" was chosen after the famous Manhattan district in New York City, one of the most vibrant and valuable urban areas in the world. The project draws inspiration from Central Park's design, featuring a central green spine that extends throughout the masterplan, just as Central Park does in the heart of Manhattan.

Vision and Objective

The project aims to create an integrated urban community with global standards, establishing a new model for living and investing in the Kingdom. A connected, sustainable, pedestrian-friendly environment that combines living, working, and entertainment in one integrated destination.

Second: Strategic Location

Why King Abdulaziz Road?

Manhattan Jeddah is located on King Abdulaziz Road, the main artery of Jeddah connecting its north to south. This location is considered one of the rarest and most valuable plots of land in the entire city.

Nearby Landmarks

The project is near several important landmarks: Red Sea Mall just minutes away, Jeddah Corniche and waterfront, King Abdulaziz International Airport 20 minutes by car, Trump Tower Jeddah on the Corniche, and the upscale Al Shatea district. A tunnel under King Abdulaziz Road is also planned to improve access and traffic flow.

Investment Value of Location

Real estate experts describe the Manhattan project area as the most expensive in Jeddah in terms of financial value. The central location ensures continuous demand for housing, rental, or commercial business.

Third: Developer Companies and Partnerships

Dar Al Arkan Real Estate Development

Dar Al Arkan is the main developer and the largest real estate development company listed on the Saudi stock exchange "Tadawul." The company owns 80% of the project land. Chairman Yousef Al Shelash described the project as "a once-in-a-lifetime development opportunity with unprecedented potential."

The company has an impressive track record, having issued more than 13 financial instruments over the past twenty years and repaid 11 of them without any rescheduling.

Dar Global

Dar Global is the international arm of Dar Al Arkan, listed on the London Stock Exchange (LSE: DAR). It is one of the leading luxury property developers globally, with a portfolio exceeding $5.9 billion across 6 countries including UAE, Qatar, UK, Spain, Oman, and Saudi Arabia. CEO is Ziad El Chaar.

The Trump Organization

The Trump Organization is the global brand partner in the project. Trump Plaza Jeddah represents the second collaboration between Dar Global and Trump Organization in Jeddah after Trump Tower Jeddah, and the third collaboration in the Kingdom. Eric Trump, Executive Vice President, described the project as "embodying our vision of excellence by blending world-class hospitality, modern living, and dynamic business environments."

Kenzi Al Arabiya

Alliance partner in the land acquisition. Contributed with a group of investors in the acquisition deal announced in February 2025.

The Land Story

The land on which the project is built was owned by the heirs of Prince Abdulrahman bin Abdulaziz (may Allah have mercy on him), and was offered in a public auction. Dar Al Arkan and its partners won the auction at SAR 4.46 billion including tax and commission, making it the largest real estate transaction in Jeddah's history.

Fourth: Project Components and Design

General Design

Manhattan Jeddah features an integrated urban design, built as a sustainable and diverse community distributed across four main districts. Each district has a central park forming the hub of community life. These districts are connected via a wide main street (boulevard) and a broad green spine inspired by Central Park in New York.

Central Green Spine

The beating heart of the project is the Central Park-inspired green spine extending throughout the entire masterplan. It includes The Grand Park, a private park the size of a football pitch, walking and jogging paths, seating areas and open green spaces, and contemporary fountains and sculptures.

Trump Plaza Jeddah

Trump Plaza is the main iconic project within the Manhattan masterplan, occupying a prominent corner of 28,000 square meters. Investment value exceeds $1 billion. It's described as "Jeddah's Most Connected Address."

Trump Plaza Components

The project includes Trump Executive Residences (fully furnished 1, 2, or 3 bedroom units with optional services), Trump Park Residences (premium 2, 3, or 4 bedroom units), Trump Townhouses (exclusive 4-bedroom homes), Grade-A Offices, Home Offices attached to residential units, and retail shops, restaurants, and cafes.

Vitality Club

An exclusive members-only club spanning 4,000 square meters, a wellness and athletic performance destination. It includes Golf Simulators, Spa and sports medicine facilities, Swimming pools, Fine dining, Cigar and library lounge, Specialty coffee bar, and High-performance fitness spaces.

Restaurants and Retail

The project features distinctive brands including Trump Grill, Trump Daily, Artisan Bakery, and Fitness Pro Shop.

Fifth: Unit Types and Prices

Available Unit Types

Trump Executive Furnished Apartments come with 1, 2, or 3 bedrooms, fully furnished with optional hotel services. Trump Park Premium Apartments come with 2, 3, or 4 bedrooms with superior finishes. Exclusive Trump Townhouses feature 4 bedrooms with private terraces. Grade-A Commercial Offices are designed for companies and institutions. Home Offices are attached to residential units for working from home.

Prices

Starting price for 1-bedroom apartments is USD 456,000 (approximately SAR 1.71 million). Standard apartment prices range from USD 400,000 to 1,200,000 (SAR 1.5 - 4.5 million). Important note: There is no fixed price list; prices are dynamic and increase over time. Early purchase ensures better prices and best units.

Payment Plan

Down payment is 20% upon booking. Balance in installments during construction period. Registration fee is 5% upon handover. After paying 40% to the developer, you can sell the property for capital gains.

Sales and Delivery Timeline

Sales officially began on January 12, 2026. Expected delivery is 2029-2030.

Sixth: How to Invest in the Project

Direct Purchase

You can purchase a residential or office unit directly from the developer (Dar Global). Registration is available through the official website or authorized agents. Freehold ownership is available to all nationalities.

Investment Fund

Yousef Al Shelash announced plans to launch a private investment fund in early 2026 to enable investors to participate in the project. This allows participation with amounts less than purchasing a complete unit.

Tax Benefits

No capital gains tax upon sale. Registration fee is only 5% upon handover. Investment of SAR 4 million or more qualifies you for Saudi Premium Residency.

Why Invest in Manhattan Jeddah?

Strategic central location ensures rising value. Global brand (Trump) adds 30-50% value upon resale. Project aligns with Vision 2030 and the $1.3 trillion mega-projects. The 2034 FIFA World Cup in Saudi Arabia will increase demand for luxury properties. Dar Global's track record for on-time delivery is excellent.

Seventh: Added Value to Jeddah

Urban Transformation

Manhattan Jeddah will create a quantum leap in the city's urban landscape. It will create a new Central Business District (CBD) in the heart of Jeddah, raise real estate development standards in the region, attract massive global investments, and provide thousands of jobs in construction and operations.

Economic Diversification

The project supports Vision 2030 goals in diversifying the Saudi economy away from oil, attracts foreign investors and international residents, and enhances Jeddah's position as a leading economic and tourism destination.

Quality of Life

The project offers a new model of urban living combining residence, work, and entertainment. Pedestrian-friendly environment with extensive green spaces, and world-class facilities raise service levels in the city.

Eighth: Other Trump Projects in Jeddah

Trump Tower Jeddah

The first collaboration project between Dar Global and Trump Organization in Jeddah, launched in December 2024. Located directly on Jeddah Corniche on the Red Sea. Comprises 47 floors at a striking height. Investment value is $531 million. Design by the world-renowned Gensler Architects firm.

It includes apartments from 1 to 4 bedrooms and penthouses. Sizes range from 70 to 365 square meters. Prices start from SAR 2 million ($545,000). Payment plan is 90/10 with 20% deposit upon booking. Delivery scheduled for Q4 2029.

Amenities include the exclusive Trump Members Club, fine dining restaurants, fitness center and spa, pools and jacuzzi, yoga area, and cigar lounge.

Total Trump Portfolio in Jeddah

With the launch of Trump Plaza, Dar Global's Trump-branded project portfolio in Jeddah reaches $1.5 billion.

Ninth: Project Timeline

February 2025: Land acquisition deal announced at SAR 4.46 billion. September 29, 2025: Official announcement of Manhattan Jeddah masterplan. January 12, 2026: Official sales launch for Trump Plaza Jeddah. Construction expected to begin Q4 2025 or early 2026. Expected opening by 2030.

Tenth: Frequently Asked Questions

Can foreigners own property in Manhattan Jeddah?

Yes, 100% freehold ownership is available to all nationalities.

What's the difference between Manhattan Jeddah and Trump Plaza?

Manhattan Jeddah is the complete masterplan (1 million sqm), while Trump Plaza is the main iconic project within this masterplan (28,000 sqm).

How do I get Saudi residency through investment?

Investing SAR 4 million or more in property qualifies you to apply for Premium Residency.

Is there a guarantee on investment?

There is no financial guarantee, but Dar Global's delivery track record is excellent, and the strategic location and global brand support value appreciation.

When can I sell the property?

After paying 40% of the value to the developer, you can sell the property and realize capital gains.

Can I rent out the property?

Yes, and excellent rental returns are expected due to the central location and luxury brand.

Conclusion

Manhattan Jeddah represents a new chapter in the history of real estate development in Saudi Arabia. A massive project of 1 million square meters, in Jeddah's most expensive location, with a global partnership with Trump Organization, and an urban vision inspired by New York's most famous district.

Whether you're looking for luxury housing, an office in a strategic location, or a promising investment opportunity, Manhattan Jeddah offers diverse options to suit various needs. Current prices are the best, and the opportunity is available now before prices rise as the project progresses.

To register or inquire, you can contact Dar Global or authorized agents. Invest in Jeddah's future today.