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Jeddah Tower — Jeddah، Saudi Arabia
Photo: Omarnizar05 · CC0 · source

Jeddah Tower

Virtual asset linked to this landmark

Price
504,000 TGZ
Virtual owner
The platform
Times sold
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About Jeddah Tower and its history

A skyscraper under construction in northern Jeddah, begun in 2013 and designed to exceed 1,000 metres in height.

Jeddah Tower is a megatall skyscraper currently under construction in Jeddah, Saudi Arabia. Located in the north of the city, it is the centrepiece of the Jeddah Economic City project. Jeddah Tower is planned to be the first 1-kilometre-tall (1,000 m; 3,300 ft) building and, upon completion, would become the world's tallest building or structure, standing at least 180 metres (590 ft) taller than the Burj Khalifa. As of 14 April 2026, the tower reached its 100th floor.

Overview

Designed by Adrian Smith and Gordon Gill of AS+GG Architecture, Jeddah Tower incorporates numerous unique structural and aesthetic features. The creator and leader of the project is Saudi Arabian prince Al-Waleed bin Talal, who is the chairman of Kingdom Holding Company (KHC). KHC is a partner in the Jeddah Economic Company (JEC), which was formed in 2009 for the development of Jeddah Tower and City.

Construction progress was halted in January 2018, when building owner JEC stopped structural concrete work. At the time, approximately one third of the tower had been completed. The halt resulted from labor issues with a contractor following the 2017–2019 Saudi Arabian purge and the COVID-19 pandemic. In September 2023, a new request for proposals was issued for completion of the delayed project. After nearly five years of inactivity, development work resumed in 2023. Construction restarted in January 2025, and the building is expected to be completed as early as 2028.

Site

Jeddah Tower's 50-hectare (120-acre) plot, along with surrounding buildings, will be the first of a three-phase Jeddah Economic City development. The three-phase project was proposed for a large area of undeveloped waterfront land with an area of 5.2 square kilometres (2.0 sq mi). The area is located roughly 20 kilometres (12 mi) north of the port city of Jeddah. Jeddah Economic City was designed by HOK Architects, and is estimated to cost at least SR75billion (US$20billion) and take around ten years to build.

The development is envisioned to grow into a new district of Jeddah. The second phase of the project will be the infrastructure development needed to support the city, and the third phase has not yet been revealed.

The focal point of the development and Jeddah Tower's primary use will be to house a Four Seasons hotel, Four Seasons short-rental apartments, Class A office space, and luxury condominiums. The tower will also have the world's highest observation deck. Although the Jeddah Economic City plot is nearly isolated from the current urban core of Jeddah, no land tracts of such size were available closer to the city. Northward is generally considered the direction in which the city will spread in the future.

Source: Wikipedia · text available under CC BY-SA 4.0

Location
Jeddah, Saudi Arabia
Coordinates
21.7340, 39.0829
Category
Modern Landmarks

Source: Wikipedia · Factual information about the real landmark; unrelated to virtual ownership.

Price & ownership history

612,000declared price over time504,000

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