Red Sea Global has already pre sold over 12% of its ultra luxury Red Sea Residences on the stunning Shura Island before the official market launch.
The residencies’ prices start at $1.47 million and are due to feature Four Seasons, Ennismore’s SLS, and Shura Marina Residences offering luxury villas, marina apartments, and exclusive facilities.
The residencies target regional and international buyers and are set to be completed by late 2025, aligning with Saudi Vision 2030 to expand and redefine luxury tourism.
Pre-Launch Success of Red Sea Residencies
The Kingdom of Saudi Arabia is witnessing a remarkable transformation in its luxury real estate landscape, with Red Sea Global leading the charge.
Red Sea Global has achieved a significant milestone by pre-selling over 12% of its ultra-luxury residences on Shura Island, part of the ambitious Red Sea Project. This early success speaks volumes about the growing demand for premium coastal properties in Saudi Arabia and the wider Gulf region.
The pre-launch sales figures are not just numbers; they represent a strong vote of confidence in Saudi Arabia’s vision for luxury tourism and real estate development. Investors and potential homeowners are clearly excited about the prospect of owning a piece of this groundbreaking project.
Strategic Pricing and Offerings
With prices starting at 5.5 million Saudi Riyals (approximately $1.47 million) for a one-bedroom property, the Shura Island residences are positioned firmly in the ultra-luxury segment.
This pricing strategy reflects the exceptional quality and exclusivity of the offerings, as well as the developer’s confidence in the market’s appetite for high-end properties.
Targeting Global Buyers
While the initial focus has been on buyers from Saudi Arabia and neighboring Gulf countries, Red Sea Global has already attracted international purchasers. This diverse interest underscores the global appeal of the project and its potential to become a sought-after destination for luxury living.
The Red Sea Residences
The Red Sea Residences portfolio comprises an exquisite collection of properties designed to offer a unique living experience.
The strategic location of the Red Sea Residences offers more than just breathtaking views. Situated within a three-hour flight radius of 250 million people and an eight-hour flight for 85% of the world’s population, these residences provide the perfect balance of seclusion and accessibility.
Here are the different residential options available:
Four Seasons Private Residences
The Four Seasons Private Residences represent the pinnacle of luxury living on Shura Island. This exclusive community features 75 spacious villas with three to five bedrooms.
Key features of Four Seasons Private Residences include:
- Villa sizes ranging from 414 to 534 square meters
- Panoramic views of the sea and golf course
- Private pools and landscaped gardens
- Access to Four Seasons’ legendary hospitality services
Ennismore’s SLS Residences
For those seeking a more contemporary and vibrant living experience, the SLS Residences by Ennismore offers an enticing option. This collection comprises 15 sleek residences designed to cater to the modern luxury seeker.
Highlights of SLS Residences include:
- A range of one to four-bedroom configurations
- Living spaces spanning from 130 to 423 square meters
- Cutting-edge smart home technology
- Access to SLS’s signature lifestyle amenities
Shura Marina Residences
The Shura Marina Residences offer a perfect blend of luxury and nautical living. This development features 36 apartments overlooking the marina and the azure waters of the Red Sea.
Key aspects of Shura Marina Residences include:
- One to three-bedroom apartments ranging from 190 to 364 square meters
- Expansive balconies and terraces with sea and marina views
- Direct access to the marina and its facilities
- Proximity to high-end retail and dining options
Shura Island: The Home of Red Sea Residences
At the heart of the Red Sea Residences lies Shura Island, the central hub of The Red Sea destination. Shura Island, shaped like a dolphin, is the vibrant center of The Red Sea destination.
Also called ‘Coral Bloom,’ the island’s resorts are designed to blend seamlessly with the rich coral reefs that surround them.
Located just an hour’s drive from Red Sea International Airport, the journey to Shura includes crossing Saudi Arabia’s longest overwater bridge.
A Resort-Style Community
Shura Island is home to 11 resorts, each offering its unique brand of luxury and hospitality. Red Sea Residences’ residents will be privileged to enjoy these world-class facilities right at their doorstep.
Saudi Arabia’s Tourism Vision
The success of the Shura Island residences is intrinsically linked to Saudi Arabia’s broader ambitions for its tourism sector, as outlined in the Vision 2030 plan.
By developing world-class tourism destinations like the Red Sea Project, Saudi Arabia aims to reduce its dependence on oil revenues and create a more diverse, sustainable economy. The luxury real estate sector plays a crucial role in this strategy, attracting both domestic and foreign investment.
Redefining Luxury Coastal Living
The pre-launch success of Red Sea Global’s Shura Island residences marks a significant milestone in Saudi Arabia’s journey towards becoming a global luxury tourism and real estate destination.
With its blend of ultra-luxury properties, world-class amenities, and stunning natural beauty, Shura Island is set to redefine coastal living in the kingdom.
More Exciting Resorts on the Red Sea
Desert Rock Resort
Desert Rock, Red Sea Global’s latest luxury mountain resort set in between the scenic desert mountains, is now accepting reservations.
Spread across 30,000 square meters of pristine desert terrain, the resort features 54 high-end villas and 10 exclusive suites, including a Royal Villa and unique Mountain Cave Suites.
This marks the third self-operated resort by Red Sea Global, situated only a 20-minute drive from Red Sea International Airport.
Shebara Resort
Shebara, the latest luxury resort by Red Sea Global, is now welcoming reservations.
The resort boasts 73 exquisite overwater and beachfront villas, each offering breathtaking views of the Red Sea.
As the fourth resort to launch at this picturesque Red Sea destination, Shebara is the first to be directly managed by Red Sea Global.
Guests can conveniently access Shebara via a seaplane from the newly inaugurated Red Sea International Airport or with a 30-minute boat ride.
Nujuma, A Ritz-Carlton Reserve
The Nujuma, a Ritz-Carlton Reserve, is now open for reservations on the stunning Ummahat Island in the Saudi Red Sea.
This impressive reserve, inspired by the shape of a shell, boasts 63 lavish villas with breathtaking ocean views. Guests can choose from 1 to 3 bedroom options and 18 exclusive Ritz-Carlton Reserve branded residences.
The resort also offers top-notch amenities like a diving center, fitness center, and various high-end restaurants. To reach the reserve, guests can take a chartered boat or seaplane from the recently launched Red Sea International Airport. Prices start at 9250 SAR per night.
Six Sense Southern Dunes
Six Sense Southern Dunes, The Red Sea was the first hotel to officially open in the Red Sea Project, with a special opening offer. This stunning resort offers 36 guest rooms and 40 pool villas situated against the backdrop of the Majestic Arabian Desert and Hijaz Mountains.
The resort combines visionary tourism with sustainability and heritage. Nestled in The Red Sea Destination, this resort is a testament to innovation, adventure, and a rich cultural legacy.
St. Regis Red Sea Resort
The St. Regis Red Sea Resort has officially opened to the public as the first private island resort along the stunning Saudi Red Sea coast.
Situated on the unspoiled Ummahat Island, the resort’s access is facilitated through chartered boat services or seaplane transportation from the recently established Red Sea International Airport.
Featuring a collection of 90 spacious overwater villas, including overwater and beachfront options equipped with exclusive private pools, the resort boasts various luxury offerings, including its renowned signature spa and five distinct dining venues.
Hotels Opening Soon on the Red Sea
Following the opening of The St. Regis Red Sea Resort and Najuma, a Ritz-Carlton Reserve, other luxury resorts are set to open in the Red Sea, including Desert Rock Resort, Four Seasons AMAALA Triple Bay, Sheybarah Island Resort, and many more.
You can explore the new Red Sea Hotels list due to its being open here.
The Ritz-Carlton, AMAALA
Red Sea Global and Marriott have partnered to launch The Ritz-Carlton, AMAALA at Triple Bay in 2025.
Designed by Foster + Partners, this luxury resort will feature 391 rooms, 80% boasting breathtaking views of the Red Sea, direct beach access, wellness amenities, and various outdoor activities.
Once open, The Ritz-Carlton, AMAALA is expected to be the largest property within the Red Sea destination.
Four Seasons Resort and Residences AMAALA
Red Sea Global and Four Seasons are preparing to launch Four Seasons Resort and Residences AMAALA at AMAALA Triple Bay in Saudi Arabia.
Created by U+A, a global architecture and design studio, the resort will offer 220 rooms and suites, private pools, a lavish spa, and 26 branded villas that provide stunning views of the bay and sea.
Scheduled to open in 2025 as part of AMAALA’s first phase, this project highlights Four Seasons’ dedication to supporting Saudi Arabia’s expanding tourism sector.
Four Seasons Resort Red Sea
Red Sea Global, renowned for its ambitious regenerative tourism initiatives, has joined hands with Kingdom Holding Company to create the Four Seasons Resort Red Sea, which will be set on Shura Island, the main hub island of the Red Sea destination.
This luxury resort will feature 149 rooms, suites, and 31 residential properties and is expected to open to guests by early 2025.
The Four Seasons Resort Red Sea, with its luxurious offerings, is a testament to the shared vision of creating extraordinary destinations that drive economic growth and job creation and preserve precious ecosystems.
Keep Reading: Red Sea Global Announces Luxury Branded Red Sea Residences on Shura Island
