In a recent update, Jeddah Tower in Saudi Arabia has achieved another major milestone. When completed, it will become the tallest skyscraper on Earth. Despite years of delays, the mega project has now surpassed the 100-floor mark and is making headlines globally. The building is steadily progressing toward its planned height of over 1,000 metres, exceeding Dubai's Burj Khalifa, the current tallest building. This engineering marvel has captured global attention and is significant from a real estate perspective, serving as a catalyst for premium property development and investment-led economic growth in the country.
Exclusive Images Reveal Progress
US studio Adrian Smith + Gordon Gill Architecture has shared exclusive pictures of Jeddah Tower under construction. These images offer a glimpse into the world's next tallest building, which has reached its 100th floor. The tower is the centrepiece of the larger Jeddah Economic City master plan, functioning as a mixed-use urban district rather than a standalone landmark. It will feature residential communities, shopping districts, hospitality, and public spaces.
Boost to Luxury Real Estate Market
Jeddah Tower is expected to boost the luxury real estate market in the region. The project represents more than a race for architectural records; it is a space where residents can live, work, shop, and access entertainment without stepping out. Luxury residential offerings will attract high-net-worth buyers. Apartments in landmark skyscrapers command significant prices due to privacy, prestige, and panoramic views. If everything goes as planned, the tower could set new benchmarks for luxury housing in Saudi Arabia.
Additionally, the tower is expected to boost commercial real estate by offering premium office spaces in a globally recognized building. Such iconic structures enhance corporate branding appeal. Plans also include luxury hotels and observation centers, positioning the tower as both a tourism destination and a business travel hub.
Completion Expected by 2028
According to media reports, construction of the much-awaited building is expected to be completed in 2028. When finished, the tower will become the world's first building to reach a kilometre in height, marking another incredible engineering feat. (Source: Adrian Smith + Gordon Gill Architecture (AS+GG))
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