Jeddah Tower delayed to late 2028 as it tops 116 floors
Saudi Arabia’s 1km-plus Jeddah Tower has reached 116 floors and 466 metres, with completion now targeted for late 2028
05 October, 2026
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Saudi Arabia’s Jeddah Tower is now targeting completion in late 2028, pushing back its previous timetable by several months as construction continues on what is set to become the world’s tallest building.
Fabien Toscano, chief executive of Jeddah Economic Company (JEC), said the tower reached its 116th floor last month, taking the structure to a height of around 466 metres. That leaves 41 floors of the planned 157 still to be constructed.
The updated timetable moves completion beyond the August 2028 target previously cited for the project.
Once finished, Jeddah Tower is planned to rise more than 1,000 metres above the Red Sea city, surpassing Dubai’s 828-metre Burj Khalifa, which has held the title of the world’s tallest building since opening in 2010.
Speaking at the Saudi Mega Projects 2026 summit in Riyadh, Toscano said rising procurement and construction costs were among the pressures facing contractors delivering major projects across the kingdom and wider region.
The three-day summit, which ran from September 28 to 30, brought together developers, contractors and government stakeholders involved in Saudi Arabia’s large-scale construction programme.
Jeddah Tower construction gathers pace
Construction on Jeddah Tower has accelerated significantly since work formally resumed.
In October 2024, JEC signed a SAR7.2bn agreement with Saudi Binladin Group to complete the tower. At that point, 63 of its 157 floors had been constructed, with around SAR1.1bn of the contract value relating to work already completed. JEC said the remaining construction would be financed through internal funding and banking facilities.
By March this year, the building had reached the 91st floor and around 370 metres, with crews completing approximately one floor every five days. Kingdom Holding said at the time that façade, mechanical, electrical and plumbing works were also progressing.
The latest milestone of 116 floors means the structure has added another 25 floors in roughly six months.
Jeddah Tower will anchor the wider Jeddah Economic City, a 5.3 million square metre mixed-use development in North Obhur. Kingdom Holding describes the skyscraper as the centrepiece of the project.
The tower itself will include a Four Seasons hotel, residential apartments and luxury condominiums, office space and an observation deck overlooking the Red Sea that is planned to become the highest in the world.
The project began more than a decade ago but experienced a lengthy construction hiatus before its revival. Since work resumed, it has emerged as one of the most closely watched projects in Saudi Arabia’s rapidly expanding real estate and construction sector.
If the new late-2028 target is met, Jeddah Tower will end the Burj Khalifa’s nearly two-decade reign at the top of the global skyscraper rankings.





















