A Public Investment Fund (PIF) giga-project on the north-west Red Sea coast, delivering luxury regenerative tourism destinations and branded residences.
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Red Sea, Saudi Arabia
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Red Sea Global (RSG) is a Public Investment Fund (PIF) giga-project on the north-west Red Sea coast, delivering regenerative luxury tourism. Destinations like The Red Sea and AMAALA feature high-end hotels alongside branded residences from Clinique La Prairie, Nammos, Rosewood, Six Senses, and Four Seasons. AMAALA Residences are available to eligible local and international investors. The project is 100% powered by renewable energy and served by Red Sea International Airport and Al Wajh International Airport.
The Red Sea destination covers 28,000 sq km of coastline in Tabuk province, across more than 90 islands and 200 km of shoreline on Saudi Arabia’s west coast. It is developed by Red Sea Global, a company fully owned by the Public Investment Fund, as part of Vision 2030.
The area is built around two main islands. Shura Island is the central hub, already open with resorts and branded residences. Laheq Island is a private island focused on residential living, expected to open in 2028. Both are designed by Foster + Partners. The surrounding waters hold the world’s fourth-largest barrier reef system, with over 2,000 fish species.
By 2030 the plan includes around 50 hotels, 8,000 rooms and more than 1,000 homes. In February 2026 The Red Sea became the first place in the world to receive destination-wide verification from Forbes Travel Guide. Red Sea Global also develops AMAALA, a second giga-project on the same coastline.
Residential ownership at The Red Sea is focused on two islands, each at a different stage of development.
Shura Island (hub island, operational). Designed by Foster + Partners under the Coral Bloom concept, which integrates resort development with the island’s natural landscape. It is connected to the mainland by a 1.2 km bridge. Three of the 11 planned resorts opened in late 2025, with the rest expected in 2026. The island also has an 18-hole golf course, Shura Links, with a LEED Platinum clubhouse. It offers 305 branded residences across four hospitality names, with hotel services, resort amenities and rental programmes included.
Laheq Island (residential island, off-plan, opening 2028). Saudi Arabia’s first private residential island, unveiled in April 2025 and designed by Foster + Partners under the Forever Garden concept. At its centre is The Ring, an 800-metre circular structure in the lagoon with apartments, retail and hospitality. Private villas have shaded courtyards and direct beach access. The island covers 400 hectares and includes a 115-berth marina, an 18-hole golf course, a racket club and sailing and watersports schools. First residents are expected in 2028.
The Red Sea is an operating luxury resort destination where private residential ownership is integrated into hospitality infrastructure. Several resorts are open, the airport is operational and Phase 1 infrastructure is complete. Every project sits within a PIF-backed masterplan running through 2030.
Yields are driven by resort occupancy and short-stay demand within hotel-managed rental programmes. Across Saudi Arabia, gross rental yields averaged 6.84% in Q1 2026 (Global Property Guide), with Jeddah at around 7.89% as a coastal benchmark. There is no personal income tax on rental income and no annual property holding tax for individuals. Transaction costs for foreign buyers are approximately 10%: a 5% Real Estate Transaction Tax and a 5% REGA disposal fee introduced under the 2026 foreign ownership law.
Saudi Premium Residency: purchasing a completed residential property valued at SAR 4 million or more (about USD 1.07 million) qualifies buyers for Premium Residency under the Real Estate Owner pathway. It covers the buyer and immediate family (spouse, children under 25, parents), with no local sponsor requirement, full work rights and unrestricted entry and exit. It remains valid while the property is owned and free from mortgage. If the property is sold, a replacement of equal or higher value must be acquired within 90 days.
The surrounding reef system is among the least disturbed in the region, with water visibility often above 30 metres. Residents have direct access to diving, snorkelling, kayaking, sailing and open-water swimming.
Red Sea International Airport opened for domestic flights in 2023 and international services in 2024. As of early 2026 it operates regular domestic flights from Riyadh and Jeddah and international connections from Dubai, Doha and Milan. Other islands, including Ummahat and Sheybarah, are reached by seaplane (Fly Red Sea) or chartered boat.
Data sources: Global Property Guide Q1 2026; Red Sea Global, The Red Sea destination; Red Sea Global, Laheq Island announcement (April 2025); Saudi Real Estate General Authority (REGA). Last reviewed April 2026.
The Red Sea destination in Saudi Arabia is engineered for global accessibility, located within an 8-hour flight for 80% of the world’s population. The primary gateway is the dedicated Red Sea International Airport (RSI), handling both domestic and direct international flights. Internal mobility across the master project relies 100% on eco-friendly transport, including Fly Red Sea seaplanes, luxury electric vehicles, hydrogen buses, and electric yachts.
• Red Sea International Airport (RSI) — ultra-modern airport hub serving direct flights from major regional and international cities
• Fly Red Sea — dedicated seaplane operator offering scenic aerial transfers from RSI directly to island and desert resorts
• Eco-Friendly Land & Marine Fleet — zero-emission electric vehicles, electric water taxis, and luxury yachts serving all island and inland destinations
Flight Times to Red Sea International Airport (RSI): • From Riyadh (RUH): ~1.5–2 hours direct
• From Jeddah (JED): ~1 hour direct
• From Dubai (DXB): ~3.5 hours direct
• From Europe (London, Frankfurt, Milan, Paris): ~5–6 hours direct
• From India & Central Asia: ~4.5–5.5 hours flight
Internal Resort Transfers: • Shura Island (Main Hub): 10–15 min electric vehicle drive from RSI
• Ummahat & Sheybarah Islands: 20–30 min seaplane or speed boat ride
• Desert Rock / Southern Dunes: 30–40 min electric vehicle drive
Dedicated educational infrastructure serves the families of residents, corporate staff, and hospitality professionals across the region.
• Turtle Bay School — modern international educational campus in Coastal Village (Turtle Bay) offering early childhood, primary, and secondary education
• Red Sea Vocational Academy — specialized training institute providing higher education programs in luxury hospitality, marine sports, and ecotourism
• Academic & Research Partnerships — collaborative university research initiatives focusing on oceanography, marine biology, and renewable energy
• Red Sea Vocational Academy: 10 min drive
• Turtle Bay International School: 5–15 min drive
• Yanbu Industrial College: 1.5 hours drive
Residents and guests have access to high-tech medical facilities, specialized wellness clinics, and 24/7 aeromedical emergency evacuation services.
• The Red Sea Hospital (Turtle Bay) — comprehensive medical facility developed in partnership with Dr. Sulaiman Al Habib Medical Group, offering emergency, diagnostic, and inpatient care
• Resort Wellness Clinics — flagship spa and holistic health centers integrated into luxury resorts (e.g., Six Senses Southern Dunes, Nujuma, a Ritz-Carlton Reserve)
• Aeromedical Evacuation Service — on-call seaplanes and dedicated helipads on every island for rapid emergency transport
• The Red Sea Hospital (Turtle Bay): 10–20 min drive
• Resort Wellness Clinics: On-site at residential resorts
• Umluj General Hospital: 45 min drive
The project offers accessible places of worship designed with traditional Saudi architectural elements integrated into the natural landscape.
• Turtle Bay Mosque — central congregational mosque serving the residential community and staff in Coastal Village
• Shura Island Mosques — architecturally distinct prayer spaces seamlessly integrated into the island’s coastal promenade
• Historic Coastal Mosques — traditional mosques located in nearby coastal towns such as Umluj and Al Wajh
• Turtle Bay Mosque: 5–10 min drive
• Shura Island Mosques: 10–15 min transfer/boat ride
• Umluj Grand Mosque: 40 min drive
Shopping at The Red Sea features luxury fashion houses, eco-friendly concept stores, fine jewelry boutiques, and daily community retail.
• Shura Hub — main retail promenade on Shura Island featuring international luxury brands, designer boutiques, and jewelry galleries
• Resort Boutiques — curated high-end retail outlets located across ultra-luxury hotels (St. Regis, Shebara, Ritz-Carlton Reserve)
• Turtle Bay Village Retail — full-service supermarkets, pharmacies, organic food markets, and daily essentials for permanent residents
• Shura Hub Shopping Promenade: 10–20 min transfer
• Turtle Bay Supermarket & Retail Gallery: 5–15 min drive
• The Red Sea Organic Farm Market: 15 min drive
Situated around the Al Wajh Lagoon, the project encompasses 90 untouched islands and the world’s 4th largest barrier reef system.
• Private Island Beaches — pristine white-sand shorelines, turquoise lagoons, and overwater villas on Ummahat, Sheybarah, and Shura islands
• Volcanic Landscapes & Desert — inland excursions around Desert Rock and Southern Dunes, dark-sky stargazing, and electric dune buggy safaris
• Marine Sanctuary — protected waters offering world-class snorkeling and diving among untouched coral reefs, dugongs, and green sea turtles
• Private Island Beaches (Ummahat & Sheybarah): Direct resort access
• Al Wajh Lagoon Marine Sanctuary: 10 min boat ride
• Desert Rock Canyons: 30–40 min drive
The gastronomy and entertainment scene pairs world-renowned culinary concepts with high-adventure watersports and marine exploration centers.
• Fine Dining Destinations — world-class restaurants on Shura, Sheybarah, and Ummahat islands offering Peruvian, Japanese, Mediterranean, and fresh seafood concepts
• Akun Water Sports Center — professional activity hub for kitesurfing, windsurfing, stand-up paddleboarding, kayaking, and sailing
• Galaxea Diving Center — PADI-certified diving facility providing guided access to pristine coral reefs and historic shipwrecks
• Shura Marina & Yacht Club — superyacht marina featuring waterfront lounge bars, fine dining, and evening cultural events
• Fine Dining on Shura Island: 10–15 min transfer
• Akun Water Sports Center: 5–10 min transfer
• Shura Marina & Yacht Club: 15 min transfer
Red Sea Global is a Saudi Arabian developer established in 2017, owned by Saudi Arabia's Public Investment Fund. It delivers large tourism giga-projects on Saudi Arabia's west coast, including The Red Sea and AMAALA.
A Public Investment Fund (PIF) giga-project delivering luxury regenerative tourism destinations on the Red Sea coast.
Yes. Foreign buyers can purchase property at The Red Sea under Saudi Arabia's 2026 ownership framework. Completed residences on Shura Island are available for immediate purchase, while Laheq Island offers off-plan properties with handover from 2028 . All transactions must be registered through the Saudi Properties platform and comply with REGA regulations.
Entry prices vary by project and island. Palmera Apartments on Laheq Island start from AED 5.73M. Miraval The Red Sea Residences start from AED 7.86M. Jumeirah Residences from AED 8.68M. Four Seasons Resort Residences from AED 11.71M. Silene Villas from AED 16.40M.
Yields at The Red Sea are tied to resort occupancy and short-stay demand within hotel-managed rental programmes. For broader context, gross rental yields in Saudi Arabia averaged 6.84% in Q1 2026, with Jeddah averaging around 7.89% on the same coast.
Yes, for completed properties valued at SAR 4 million (approximately USD 1.07M) or more. Saudi Premium Residency through the Real Estate Owner pathway grants long-term residency for the buyer and their immediate family — spouse, children under 25, and parents . There is no local sponsor requirement, full work rights are included, and entry and exit are unrestricted. Residency remains valid as long as the property is owned and free from mortgage. Several completed Shura Island projects meet or exceed this threshold.
Shura Island is the main hospitality hub — an operational island with 11 planned resort brands, golf, marinas, and branded residences managed within hotel programmes. It is connected to the mainland by a 1.2 km bridge. Laheq Island is a 400-hectare private residential island unveiled in April 2025, Saudi Arabia's first of its kind. Designed by Foster + Partners under the Forever Garden concept, it focuses on ownership and community living. Laheq opens in 2028 .
No. There is no personal income tax on rental income and no annual property holding tax for individuals in Saudi Arabia. Transaction costs at purchase are approximately 10% for foreign buyers, comprising the 5% Real Estate Transaction Tax (RETT) and a 5% REGA disposal fee introduced under the 2026 foreign ownership law.
Red Sea Global (RSG) is a real estate and tourism developer wholly owned by Saudi Arabia's Public Investment Fund (PIF) . It is the master developer behind The Red Sea destination and AMAALA. RSG is responsible for all infrastructure, sustainability frameworks, master planning, and hospitality curation across both destinations. It also operates Fly Red Sea — Saudi Arabia's first seaplane company — and manages several of the destination's resorts directly, including Shebara.
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