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Under construction penthouses in Saudi Arabia

1 residence
  • Trump Tower Jeddah, a branded residence on the Red Sea Corniche.Now selling
    Dar Global

    Saudi Arabia · Jeddah · Al Shati, Jeddah

    Trump Tower, Jeddah

    Trump Tower Jeddah is a 47-storey branded residence on the Corniche by Dar Global, designed by Gensler, with one to four bedroom apartments and penthouses above the Red Sea. Under construction, with handover expected in December 2029.

    From£454,000
    Residences1–4 Beds
    HandoverQ4 2029
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Developments

Overview

There is a quiet privilege in arriving early, while a country writes its next chapter. Whole districts, branded residences and lifestyle destinations are rising from the ground up, and the door has only just opened to buyers from abroad.

Reviewed by Omnia's advisory team

Questions

Can foreigners buy property in Saudi Arabia?

Yes. The law took effect on 22 January 2026, and the geographical zones were approved on 23 June 2026. Non-residents can own within the approved areas published through Saudi Properties, subject to the mapped rights and limits. Premium Residency is a separate residency route, and a branded residence still needs a zone and title check. In Makkah and Madinah, ownership is restricted to Muslim individuals and qualifying entities under the applicable controls.

Is Saudi Arabia a good place to buy property?

It is an early-cycle growth market, backed by major investment and newly opened to international buyers. The appeal is brand-new supply and long-term growth. The trade-off is a young resale market. It suits patient buyers more than those seeking a quick, liquid exit.

Where are the best places to buy in Saudi Arabia?

Riyadh leads for growth and rental, Jeddah and the Red Sea for branded, lifestyle homes, Diriyah for heritage-prime scarcity, and the Eastern Province for value and yield.

How much do I need to buy property in Saudi Arabia?

Entry varies by city and type. Apartments in Jeddah and the Eastern Province begin around £320,000 to £480,000, while branded residences typically start near £1.3m. Tell us your budget and we will shortlist to it.

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