Palmera Apartments on Laheq Island, Saudi Arabia
Discover Boutique Island Luxury at Palmera Apartments
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.
About the Project
Property Types & Floor Plans
1 bedroom Apartments
Area
2 bedroom Apartments
Area
3 bedroom Apartments
Area
Get a free consultation from sales team
Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.
Amenities of Palmera Apartments
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.
Family Beach Club
Wellness & Spa
Tennis & Padel
Water Sports
Kids & Teen Clubs
Boutiques & Cafes
About Company
The Metropolitan Premium Properties team will gladly help you resell/rent out your property to generate profit. We will find potential buyers/tenants with the help of our efficient marketing campaigns and handle all the paperwork and operational issues.
120,000
Customers
15 years
Of productive work
Top-5
Best Performing Agencies
>700
People on its team
Economic Appeal of Palmera Apartments
Palmera Apartments offers ultra-exclusive ownership on Laheq Island, with only 16 residences and prime Red Sea frontage. Luxury scarcity, strong resale potential, and alignment with Vision 2030 make it a premier investment for discerning buyers.
1870 sq. ft.
1-3BR
Real estate types:
Palmera Apartments offer both short- and long-term rentals with exceptional returns. Annual rental income starts from SAR 175,000 (~USD 47,000) for 1-bedroom residences, with larger apartments yielding significantly higher returns in this exclusive Red Sea island enclave.
Palmera Apartments offer 15–30% premium returns, thanks to their exclusivity and prime Red Sea location. A rare investment in Saudi Arabia’s most prestigious island enclave.
Palmera Apartments offer families and discerning residents a serene island lifestyle with concierge, housekeeping, and private beach access, steps from Laheq Island’s luxury amenities.
Attractive 80/20 Payment Plan from Red Sea Global
5%
15%
60%
20%
Download brochure
Brochure
PDF 6.59 Mb
Location
About the Saudi Arabia
Master Plan
Project materials
FAQ
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.
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.
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.
The anticipated completion date is November 2028.
Post-handover services include concierge, housekeeping, maintenance, landscaping, and ground & marine transfers, ensuring seamless luxury living for all residents.
Prices start from SAR 5.85M (~USD 1.56M), with a variety of 1–3 bedroom residences available in this ultra-exclusive boutique community.
Yes, the project offers 100% freehold ownership to foreign buyers.
Yes, investors may qualify for lifetime residency visas under Saudi Arabia’s ITC project incentives, depending on investment eligibility.
Investors purchasing eligible ITC properties can apply for lifetime residency, providing long-term security and exclusive benefits for owners and their families.
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%.
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.
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.
Get a free consultation from sales team
Our specialists will consult you on any issues and help you conclude a swift transaction with the lowest risk in order to protect your investment.
Leave a Request
Attractive 80/20 Payment Plan from Red Sea Global
Download brochure
Brochure
PDF 6.59 Mb
Download all floor plans
Floor Plans
PDF 15.16 Mb
Download Master Plan
Master Plan
PDF 44.99 Mb
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