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.