Penthouse Apartments for Sale in Jeddah in Installments

Penthouse apartments represent the highest category of residential units within luxury projects in Jeddah, with some of these units currently available under phased payment plans in installments instead of full payment upon contracting. This page reviews the available options in this category, detailing price, area, and payment plan for a documented project, complementing the general overview found on the page for apartments for sale in Jeddah on installment.

Where Are Penthouse Apartments Currently Available on Installments in Jeddah?

Trump Tower, located in the Al-Shati Coastal District of Jeddah and developed by Dar Global, is the most prominent project offering penthouse units under an announced phased payment plan. The tower features a mix of units starting with one-bedroom apartments and reaching up to luxury penthouse units with an area of up to 365 square meters, situated directly on the waterfront. For those who want a broader view of the Al-Shati district itself before focusing specifically on the penthouse category, a dedicated page for Apartments for Sale in Al-Shati District, Jeddah is available.

What Is the Price of Penthouse Units in Trump Tower Jeddah?

The starting price for Trump Tower overall begins at 1,762,900 SAR for the smallest units in the project, while prices for luxury penthouse units specifically exceed 12 million SAR, depending on area, floor, and view. This significant difference between the starting price and the penthouse price reflects the nature of the project as a multi-category portfolio within a single tower, rather than a project of uniform price category.

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What Installment Payment Plan Is Available for Penthouse Units?

Trump Tower follows a phased payment plan linked to actual construction stages, starting with a down payment of 20% of the unit value, followed by 10% upon completion of the ground floor, then another 10% at project completion, with the remaining balance payable in subsequent installments until the expected delivery in the fourth quarter of 2029.

Before signing any contract under this plan, it is essential to verify the developer's compliance with independent escrow account requirements and project licensing through Wafi platform affiliated with the General Authority for Real Estate. This is detailed in the Off-Plan Sale System Guide and escrow account guidance.

Is Buying a Penthouse on Installments Linked to the Residency Track in Saudi Arabia?

Since the prices of penthouse units in projects like Trump Tower clearly exceed the minimum threshold related to one of the residency tracks via real estate ownership, purchasing a unit in this category places the foreign buyer within the eligible segment for applying to this track, according to the detailed terms and controls of the program. It is advised to review the full and updated conditions before linking the purchase decision with the residency plan, as final eligibility may be tied to additional details unrelated to the unit price alone.

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How Does Imtilak Global Help You Buy a Penthouse in Jeddah on Installments?

The Imtilak Global team continuously follows the actual payment plans for luxury penthouse projects in Jeddah, including payment percentages and dates tied to construction phases, and verifies the regulatory status of each project through the Wafi platform before presenting it to our clients. We also assist you in assessing your eligibility for the premium residency track if the unit value qualifies you, and explain the differences between available payment plans before making a final decision. Contact our consultants to view the penthouse units currently available.