Jeddah Economic City is a mega mixed-use urban development in Jeddah, Saudi Arabia, planned as a new financial and residential hub on the Red Sea coast. It is designed as a modern waterfront city with residential districts, offices, hotels, marinas, parks, and retail zones built around the world’s tallest skyscraper.
Main Project Details
📍 Location
Northern Jeddah near the Red Sea waterfront
Close to Obhur area and major highways
Planned to connect easily with Jeddah city center and Makkah routes
📐 Project Size
Total development area: about 5.3 million m²
First development phase: around 1.3 million m²
💰 Investment
Estimated development value: $20–30 billion
Developed by Jeddah Economic Company with investment from Kingdom Holding Company
The Centerpiece: Jeddah Tower
The city’s landmark is Jeddah Tower, designed to become the tallest building ever built.
Key Specs
Planned height: about 1,000+ meters
Floors: 167+ floors
Architect: Adrian Smith from Adrian Smith + Gordon Gill Architecture
Estimated completion: around 2028
When finished, it will surpass Burj Khalifa as the tallest structure in the world.
Construction Progress (Latest 2026)
Construction restarted in 2025 after years of delays.
The tower has passed 80 floors as of early 2026.
New floors are being added roughly every few days.
What Will Be Inside the City
The masterplan includes:
🏙️ Luxury residential towers
🏨 5-star hotels (including a Four Seasons hotel)
🏢 Offices and financial districts
🛍️ Shopping malls and entertainment centers
🌴 Waterfront promenades and marina
🌳 Large parks and landscaped canals
🌐 Smart-city infrastructure and high-speed internet
Why the Project Is Important
It is one of the largest urban projects in the Middle East.
Designed as a symbol of Saudi Arabia’s economic transformation under Vision 2030.
Expected to become a global tourism and investment destination once completed.
