Overview
Jeddah Central is a 5.7 million sqm waterfront giga-project on Jeddah's Red Sea coastline, developed by Jeddah Central Development Company (JCDC), a company wholly owned by Saudi Arabia's Public Investment Fund. The masterplan spans six districts — Central, Marina, Beach/Waterfront, Sports Park, Cultural and Creativity, and Wellness — built around a 9.5 km waterfront with a 2.1 km public beach and a yacht marina.
At full build-out the project targets around 17,000 housing units and 2,700 hotel rooms, including confirmed branded residential components such as serviced apartments at Canopy by Hilton and residences at the Jareed hotel. Phase one, covering approximately 45% of the project, is scheduled to complete by the end of 2027.
Entry-level studio units start from approximately SAR 735,000, with a payment plan spread over 4 years and a required down payment of around 20% (roughly SAR 135,000 on the lowest-priced studio).
As with other Jeddah developments, Jeddah Central sits outside the Muslim-buyer-only restriction that applies in Makkah and Madinah. Freehold-style ownership is open to buyers of any nationality, subject to standard plot-level zone confirmation at contract stage. Contact our team for current unit availability, pricing, and the sales agreement route.
Key highlights
- 5.7 million sqm PIF-backed waterfront giga-project
- Studios starting from SAR 735,000
- 9.5 km waterfront with a 2.1 km public beach and yacht marina
- Approx. 17,000 housing units and 2,700 hotel rooms at full build-out
- Branded residences including Canopy by Hilton and the Jareed hotel
- Open to foreign buyers of any nationality
FAQs
Yes. Jeddah is not subject to the Muslim-buyer-only restriction that applies in Makkah and Madinah. Jeddah Central is a freehold-style development open to buyers of any nationality and faith, subject to standard zone confirmation at contract stage.
The masterplan includes residential apartments and branded residences across six districts, including confirmed components at Canopy by Hilton and the Jareed hotel. Detailed unit types and floor plans are available on request.
Studio units start from approximately SAR 735,000. This is the entry price for the lowest-priced studio and larger unit types will carry a higher price. Contact Waasiya for the current inventory sheet and full pricing.
Yes. The standard plan requires a 20% down payment with the balance spread over 4 years. Waasiya can confirm current instalment structures directly with the sales channel.
The project is delivered in three phases. Phase 1, covering approximately 45% of the project, is scheduled to complete by the end of 2027. Contact our team for the latest construction schedule.
Jeddah Central Development Company (JCDC)
Jeddah Central Development Company (JCDC) is wholly owned by Saudi Arabia's Public Investment Fund (PIF) and serves as master developer of the Jeddah Central giga-project, a 5.7 million sqm waterfront development on the Red Sea. As a PIF-owned entity, JCDC operates under the same government-backed oversight as the Kingdom's other giga-projects.