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Palmera Apartments on Laheq Island, Saudi Arabia
Red Sea Global unveils Palmera Apartments, an ultra-exclusive collection of 16 lavish 1–3 bedroom residences on Laheq Island, Red Sea.
Launch Price
5.73m
Handover
Q4 2028
Project Overview
Red Sea Global unveils Palmera Apartments, an ultra-exclusive collection of 16 lavish 1–3 bedroom residences on Laheq Island, Red Sea. Indulge in private beach access, serene palm gardens, and captivating Souq views within Saudi Arabia’s most prestigious private island enclave.
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Location
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Developer
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Property typeApartments
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Number of bedrooms1-3
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Area from
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HandoverQ4 2028
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Payment Plan80/20
Gallery
Palmera Apartments on Laheq Island, Saudi Arabia
Floor Plans
Payment Plan
A structured payment plan is a powerful investment tool. When used wisely, it can significantly increase your return on equity (ROE). Not sure how to make the most of it? We’ll explain everything for free!
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On Booking
20%
Payment -
On construction
60%
Payment -
On Handover
20%
Payment
Key points
Exclusive Private Beach Access
Indulge in unparalleled coastal living with direct access to pristine Red Sea beaches, where serenity and privacy define every moment just steps from your residence.
Prestigious Souq Lifestyle
Experience the vibrant charm of Laheq Island’s boutique Souq, offering exquisite dining, designer boutiques, rooftop bars, and a curated cultural atmosphere right at your doorstep.
Amenities
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
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Spa
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Tennis Courts
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Paddel Tennis
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Water Activities
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Kids Club
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Teen Arcade Room
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Boutiques
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Café
Amenities
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Spa
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Tennis Courts
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Paddel Tennis
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Water Activities
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Kids Club
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Teen Arcade Room
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Boutiques
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Café
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Metropolitan Premium Properties
Real Estate team
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Location
Explore the AreaClick a pin to see route and travel time
Other Projects in Saudi Arabia
Other Projects by Red Sea Global
FAQ
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Who is the developer of Palmera Apartments?
The project is developed by Red Sea Global, a PIF-backed visionary developer renowned for creating ultra-luxury, sustainable, and regenerative tourism destinations in Saudi Arabia.
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Where is Palmera Apartments located?
The residences are located on Laheq Island, the Kingdom’s first private island residential community in the Red Sea, offering direct beach access, lush gardens, and proximity to the vibrant Souq.
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What types of properties are available at Palmera Apartments
Palmera Apartments offers 1–3 bedroom boutique apartments, with layouts featuring private patios, wide balconies, or rooftop gardens, and views of the Souq, lagoons, and pristine Red Sea coastline.
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When will the construction of Palmera Apartments be completed?
The anticipated completion date is November 2028.
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What property management services are available at Palmera Apartments?
Post-handover services include concierge, housekeeping, maintenance, landscaping, and ground & marine transfers, ensuring seamless luxury living for all residents.
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How much do apartments in Palmera Apartments cost?
Prices start from SAR 5.85M (~USD 1.56M), with a variety of 1–3 bedroom residences available in this ultra-exclusive boutique community.
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Can a foreigner buy property in Palmera Apartments?
Yes, the project offers 100% freehold ownership to foreign buyers.
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Can I obtain residency status if I buy property in Palmera Apartments?
Yes, investors may qualify for lifetime residency visas under Saudi Arabia’s ITC project incentives, depending on investment eligibility.
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What visa can I get if I buy property in Palmera Apartments?
Investors purchasing eligible ITC properties can apply for lifetime residency, providing long-term security and exclusive benefits for owners and their families.
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Are apartments in Palmera Apartments a good investment?
Yes, with only 16 residences, prime Red Sea location, and Red Sea branded premium, the project offers strong potential for both rental income and resale appreciation of 15–30%.
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Will Palmera Apartments be a good place to live?
Absolutely. With private beaches, lush gardens, Souq experiences, family and wellness amenities, and seamless access to the Red Sea International Airport, it is ideal for ultra-luxury island living.
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What are the benefits of living on Laheq Island?
Residents enjoy exclusive natural surroundings, including pristine beaches, palm gardens, and lagoons, alongside premium facilities such as the Well Hotel & Spa, marina, Family Beach Club, sports clubs, and cultural experiences — all within a secure, private island community.
About Metropolitan Premium Properties
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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120,000+
satisfied clients
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15 Years
of market expertise
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6000+
closings on properties
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AED 15 B+
in successful luxury investments
Our Achievements
1st place
Arada Broker Awards 2025
2nd place
One Broker Group 2024
1st place
The Black Onyx Awards 2024
2nd place
Omniyat Broker Awards 2024
3rd place
Alhamra Top Broker of the Year 2023
1st place
TAG Top Partner 2023
3rd place
DAMAC Broker Awards 2023
3rd place
IRTH Broker Awards Q3 2024
What Clients Say About Us
Veronika Sigal
March 15, 2026
Мы получили наилучший сервис из возможных! Все в срок, с соблюдением договоренностей, ответственно и профессионально
Neda Motamedi
January 30, 2026
In 2025, I purchased two units from this project through Ms. Mahnaz Enayati. I am extremely satisfied with my investment and overall experience. Throughout the entire process, Ms. Enayati provided exceptional support with remarkable patience, professionalism, and insight. She carefull...
Parmiss Hejazian
January 30, 2026
We purchased our house in 2025 through this company, and our experience was truly excellent.
Mahnaz Enayati was incredibly professional, supportive, and trustworthy throughout the entire process. She guided us step by step, answered all our questions patiently, and made everything smo...
Azeem Muhammad
January 28, 2026
I worked with Himabindu Jumjur from Metropolitan Properties on a valuation assignment and had a great experience. She is knowledgeable, professional, and very easy to work with. She was also kind and cooperative throughout the process. I’d be happy to work with her again.
Dieter Knechtel
January 15, 2026
Absolutely great working with Miss Carys Naylor. She is professional, engaged, and very transparent. She provides constant feedback on progress and is truly results-oriented. Highly recommended.
Fahad Mohammad
January 15, 2026
It is a pleasure working with Carys on finding our first investment in Dubai. Good knowledge and understanding of areas, been really helpful in making the decision
Saolo Elkhoury
January 15, 2026
Carys was an absolute pleasure to work with. Professional, knowledgeable, and genuinely cared about finding the right place for me. She went above and beyond at every step. Grateful to have had her as my agent !
Chris Randall
January 14, 2026
Faisal from Metropolitan was incredibly helpful in our property search, very responsive to our queries, listening to what we were interested in and very professional in his overall approach. We will certainly use him again when we next look for property.
Amanda Line
January 14, 2026
I just love Carys. I have worked with so many agents in Dubai over the last 20 years and she really is exceptional. The level of service she gives is second to none and she is absolutely lovely with it. Top marks Carys!
Juliette Buhareva
January 11, 2026
Отличный риелтор в Дубае, искренне рекомендую Татьяну Гаджикурбанову.
Татьяна - очень квалифицированный специалист, отлично ориентируется в рынке недвижимости ОАЭ и предоставляет действительно много полезной и подробной информации. Она детально объясняет все нюансы, связанные с потенц...
Luiza Valieva
January 11, 2026
A few months ago, I met a real estate agent, Tatyana Gadzhikurbanova.
From the very first contact, Tatyana proved herself to be extremely communicative and responsible. My email was responded to almost immediately, and she immediately offered convenient communication methods—email, in...
Jennifer Wentworth
January 10, 2026
Carys was outstanding from start to finish. We were buying our first property in Dubai and had a million questions — she handled everything with so much patience and clarity. She really listened to what we wanted and didn’t waste our time with unsuitable options. The process felt smoo...
Lucy Byrne
January 10, 2026
Carys was a pleasure to connect with, she was very professional and fun to work with. She valued, hosted a photoshoot, marketed and rented my apartments all within 2 weeks.
Highly recommended to all my family and friends.
Paul Stephenson
January 9, 2026
Cary’s Naylor offers outstanding service and is my go to person for investment and property advice. A legue above !
Cornell Campbell
January 8, 2026
A breath of fresh air, making our ambitions possible. Working with Carys Naylor. Personable, emphatic and professional to a tee. I’d highly recommend working with Cary’s and being in capable hands you can trust her to expose you to the right options with a well considered solution. Th...
Palmera Apartments on Laheq Island, Saudi Arabia
New Launch in Saudi Arabia by Red Sea Global Explore premium Apartments starting from 1-3 bedrooms Positioned in the vibrant Saudi Arabia area, where the launch price averages 8.68m
This project offers a perfect balance of luxury and value Move-in ready by Q4 2028
Thank you for your interest!
We’ve sent you a confirmation email and will be in touch soon.
Consultation
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