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Red Sea, Saudi Arabia
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
Get professional property guidance
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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
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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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18+
years of experience
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7000+
listings in the database
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120+
industry awards
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500+
agents across all offices
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
Ina Stas
July 19, 2026
I had a really great experience with the purchase of two apartments as well as renting out especially with Maria Fuset who is extremely helpful and very communicative!!
Golden Safety
July 17, 2026
It is indeed very good
Elif Dogan
July 17, 2026
We cannot recommend Vian highly enough! From the very beginning, she went above and beyond to make our dream of finding the perfect home a reality. Thanks to her dedication, we found our ideal home in Arabian Ranches.
What truly sets Vian apart is that her support didn't stop once we...
Anil Kumar
July 16, 2026
Excellent service from start to finish. Raghu was professional, responsive, and made the property buying process smooth and stress-free. Highly recommended!
Sushil Agarwal
July 9, 2026
Excellent.
Madhu Borra
July 9, 2026
Raghu’s service has been great.
Jens Engelhardt
July 9, 2026
I have made very good experiences with Metropolitan Properties. I have worked with Raghu Nair - he is very responsive and available 24/7, he has the right instict for the best units and fights like a tiger to get them for his clients :-)
Виктория Куличкова
July 9, 2026
Top company, I recommend
Arun Gupta
July 8, 2026
Excellent service from Raghu Nair at Metropolitan Premium Properties. He was professional, responsive, and guided us smoothly throughout the entire process. Highly recommended!
Abbas Vora
July 7, 2026
I recently bought a secondary unit with Raghu. I had a seamless experience and he tries to be as helpful as possible. Would 100% recommend working with them especially for secondary sales.
Munaf Gasgous
July 7, 2026
Raghu is the best of the best sales person and always doing the close follow up
Highly recommended
Suzan Abuhaniyeh
July 7, 2026
I want to share my experience with Mr. Raghu Nair, his excellence in the way to bring exactly what the customer need , his support 24/7 , he can advice with any questions regarding documents, payments, locations . Thank you
Sajna Mohammed
July 7, 2026
Had a great experience with Metropolitan properties especially with Mr Raghu Nair who is hardworking sincere and honest in his dealings with clients. From assisting in looking out for options to helping get tenants for my apartment to getting mortgage loans, he has been meticulously h...
AMIR AHMED
July 6, 2026
Mr Raghu Nair was extremely helpful, courteous, honest and guided us all along to complete the transaction. He answered all our queries and was available 24/7.
payam eftekhar
July 6, 2026
They are the best
I had deal with them many times
Many Thanks
Specifically mr Raghu Nair
Palmera Apartments on Laheq Island, Saudi Arabia
New Launch in Red Sea by Red Sea Global Explore premium Apartments starting from 1-3 bedrooms Positioned in the vibrant Red Sea area, where the launch price averages 11.71m
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
Jamie Lane
Real Estate agent
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Layout Details
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Floor plans
Download the Complete Floor Plan Brochure
Access a detailed PDF featuring all unit layouts and configuration options within the project
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Presentation
The PDF File: 6.59 Mb
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All features, floor plans, renders, and specifications — in one complete brochure
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