Dar Global is gearing up to launch the highly anticipated Trump Tower in Dubai, promising unmatched luxury and architectural brilliance. This landmark project, valued at over Dh2 billion, will be the first Trump-branded development to debut after Donald Trump’s potential second term as U.S. President begins in January 2025.
Dar Global’s CEO, Ziad El Chaar, provided insights into the project while withholding specific details for now. He stated, “We aim for a Q2-2025 launch. Launching in Q1-2025 feels slightly rushed.” He also hinted at the tower’s prime location in Downtown Dubai, offering breathtaking views of both the Burj Khalifa and the sea. According to El Chaar, “This will undoubtedly be one of the most iconic towers in the region.”
Interestingly, this project includes Dubai’s first-ever Trump hotel, making it a significant addition to the city’s luxury real estate market. Notably, the launch will mark the culmination of nearly two decades of attempts to introduce a Trump-branded tower in Dubai. Earlier plans, including one on Palm Jumeirah, were shelved following the 2008 global financial crisis. Now, this initiative aims to fulfill that long-standing vision.
Trump Tower in Jeddah Progresses Rapidly
Meanwhile, Dar Global is accelerating its partnership with The Trump Organization in Saudi Arabia. The Trump Tower in Jeddah, launched last week, is already making headlines. This 200-meter-high structure will feature 47 floors and 500 luxury apartments, priced between SR4 million and SR50 million.
The Jeddah project, estimated to cost SR2 billion, spans an impressive 1.5 million square feet of built-up area. The land for the development was acquired in June 2023, and enabling works are scheduled to commence next month. This timeline adds to Saudi Arabia’s already bustling construction landscape.
Both the Dubai and Jeddah Trump Towers signify Dar Global’s commitment to redefining luxury living in the region. These projects, infused with grandeur and exclusivity, are set to elevate the standards of real estate and hospitality. With their strategic locations and unparalleled design, they promise to captivate global investors and residents alike.
