Saudi Arabia’s property market is breaking records with luxury homes on Laheq Island along the Red Sea priced at up to $40 million.
The 400-hectare island will feature 528 villas, 221 apartments, two resorts, a golf course, and a marina.
Opening in 2028, it targets ultra wealthy global buyers while boosting Saudi Arabia’s $27 billion tourism plan.
Saudi Arabia’s Rising Property Market
Saudi Arabia’s property market is seeing a major shift, led by the launch of Laheq Island. This high-end project, set in the stunning Red Sea, is designed to set new standards of luxury in the region.
Laheq Island is being developed by Red Sea Global, supported by Saudi Arabia’s powerful Public Investment Fund (PIF), which manages assets worth more than $1 trillion.
The island is built to attract the world’s wealthiest buyers. Prices show the level of exclusivity, with villas starting at 18 million riyals (around $4.8 million) and going up to 150 million riyals (about $40 million).
Laheq Island’s Spotlight
Laheq Island reflects a wider boom in Saudi Arabia’s real estate sector, which has grown rapidly in recent years.
The Kingdom is now opening up to global investors, a shift that could reshape the entire property market. While Dubai has long been the hotspot for luxury real estate, Saudi Arabia is quickly emerging as a strong rival.
Since 2019, property prices have jumped sharply, with villa rates climbing by 53% and apartment prices rising by 96%. This surge shows a strong and growing market that is gaining interest from wealthy buyers.
Laheq Island’s Global Attraction
The project is designed for high-net-worth individuals looking for second or third homes in unique destinations. With the Red Sea’s natural beauty and the island’s luxury lifestyle, Laheq stands out as an exclusive retreat for the rich.
Interest has already come from famous names, including global sports icons and celebrities, who are drawn by the island’s privacy and exclusivity. This interest is expected to rise as Laheq Island becomes more well-known.
Where Laheq Island Is Located
Laheq Island covers around 400 hectares and sits next to the world’s fourth-largest barrier reef. The island has clear blue water, soft white beaches, and colorful coral reefs, making it perfect for those who love nature and the sea.
With over 2,000 types of fish and a group of 92 untouched islands nearby, the area is full of life and beauty. It gives both guests and residents a rare chance to enjoy the ocean’s wonders.
Laheq Island’s Design Vision
Laheq Island is more than just a place to live—it brings together nature and luxury in a fresh way. Foster + Partners designed the island with a clear goal: to help people feel close to nature while enjoying top-level comfort.
Its layout is inspired by the idea of a “Forever Garden,” using lots of green space and natural features throughout.
The Iconic Ring
At the center of Laheq Island is “The Ring,” a one-of-a-kind structure created by Foster + Partners. This 800-meter circle wraps around the island’s lagoon and includes stylish apartments, hotels, and shopping areas.
The Ring shows off smart and creative design. It offers wide views of the island and gives people a special way to live by the sea.
What The Ring Offers
The Ring is more than a residential space; it is a lively center of luxury and lifestyle. Laheq Island will offer 528 villas and 221 apartments, all crafted with great attention to detail. Homeowners will enjoy a wide range of amenities, including:
- Luxury Apartments: Carefully planned homes that match the island’s natural charm.
- Resort Hotels: Two high-end hotels, one built for wellness and calm, the other for a more active stay.
- Retail Spaces: A range of shops and stores offering both local items and global brands.
Luxury Residences on Laheq Island
Laheq Island offers private luxury homes that blend with the island’s natural beauty. The design takes ideas from the land, sea, and sky, using natural materials to build shaded roofs and peaceful garden spaces.
These residences will give a quiet and relaxing escape for anyone looking to enjoy a calm life by the Red Sea.
What Laheq Island Offers
Laheq Island brings a wide range of features for both residents and visitors. The island includes:
- Golf Course: A scenic 18-hole course where residents can enjoy golfing in a beautiful setting.
- Marina: A marina with 115 berths, built to welcome yachts and boats, giving direct access to the Red Sea.
- Sports Facilities: The island has a racket club, a gym, and open fields for those who enjoy staying active on land.
Dining Choices on the Island
Food lovers will find many great dining spots on Laheq Island. It will host top beach clubs and restaurants, each with its own vibe and menu.
Whether you want a simple meal by the beach or a fine dining experience, the island serves up dishes from both local and international kitchens.
Shaping Luxury Living on Red Sea
Laheq Island marks an important step in Saudi Arabia’s vision to become a top luxury hotspot. With its elegant villas, premium facilities, and prime location along the Red Sea, the island is set to draw the attention of the world’s elite buyers.
Other New Projects at Saudi Red Sea
Desert Rock Resort
Desert Rock is Red Sea Global‘s newest luxury resort, nestled within the breathtaking desert mountains, and is now available for reservations.
Covering an expansive 30,000 square meters, the resort boasts 54 luxurious villas and 10 elite suites, including an impressive Royal Villa and distinctive Mountain Cave Suites.
As Red Sea Global’s third self-managed destination, Desert Rock Resort is ideally located just 20 minutes from Red Sea International Airport.
Shebara Resort
Shebara, the newest luxury retreat by Red Sea Global, is now accepting reservations.
The resort features 73 stunning villas, located either over the water or along the beachfront, each providing spectacular views of the Red Sea.
As the fourth resort to debut in this scenic Red Sea location, Shebara is the first to be operated directly by Red Sea Global.
Visitors can reach Shebara easily via a seaplane from the newly opened Red Sea International Airport or through a 30-minute boat ride.
Nujuma, A Ritz-Carlton Reserve
Nujuma, Ritz-Carlton Reserve situated on the exquisite Ummahat Island in the Saudi Red Sea has opened for bookings.
This luxurious resort, inspired by the beauty of seashells, offers 18 branded homes and 63 villas with stunning ocean views.
In addition, guests can enjoy top-notch amenities such as a variety of exceptional restaurants, a state-of-the-art fitness center, and a private diving facility.
Access to the reserve is available through the newly opened Red Sea International Airport, a seaplane, or a chartered boat. Prices start at 9250 SAR per night.
Six Sense Southern Dunes
The first hotel in the Red Sea Project to officially open its doors with a special opening deal was Six Sense Southern Dunes, The Red Sea. With the majestic Arabian Desert and Hijaz Mountains as its background, this gorgeous resort has 36 hotel rooms and 40 pool villas.
The resort blends tradition, sustainability, and imaginative tourism. This resort, nestled in a Red Sea destination, is a monument to creativity, exploration, and a rich cultural history.
St. Regis Red Sea Resort
The St. Regis Red Sea Resort, Marriott Bonvoy’s flagship property, has officially opened, ushering in a new era of luxury travel. This first-of-its-kind private island resort in the Saudi Red Sea promises a unique high-end experience.
Reachable by seaplane or chartered boat, this resort is situated on Ummahat Island in the Al Wajh Lagoon. It has ninety large over-the-water villas along the coastline, all with their own pools and amenities, including a five-star dining villa and a distinctive spa.
Future Developments on the Red Sea
Following the opening of the Najuma, a Ritz Carlton Reserve, and St. Regis Red Sea Resort, other luxury resorts, including Four Seasons Resort and Residences AMAALA are set to open in the Red Sea, like Four Seasons Resort Red Sea on the Shura Islands, Sheybarah Island Resort, and many others.
You can see a full list of the new Red Sea Hotels due to open here.
Nammos Resort AMAALA
Red Sea Global has announced Nammos Resort AMAALA at Saudi Arabia’s scenic Triple Bay.
Set to welcome guests in 2025, the resort will have 110 ocean facing rooms and 20 branded residences with stunning views of the Red Sea and the Hijazi mountains.
This marks the first Nammos hotel outside Greece and will also include a luxury spa, a modern fitness center, and four high-end restaurants.
Branded Residence at Red Sea Residencies
Saudi Arabia’s Red Sea Residences has introduced new high-end Branded Residences for sale at the breathtaking Red Sea destination
Nujuma, a Ritz-Carlton Reserve, includes 63 elegant villas and 18 branded residences, all with sweeping views of the Red Sea on the picturesque Ummahat Island.
Jumeirah offers 32 exclusive waterfront homes, while Miraval offers 20 stunning beachfront residences designed for a wellness-focused lifestyle on the serene Shuru Island.
Red Sea Residencies
Red Sea Global has launched Red Sea Branded Residences, offering breathtaking views of the sea, golf course, and marina.
Starting at $1.47 million, these luxury homes will include villas, marina apartments, and top-tier amenities under Four Seasons, Ennismore’s SLS, and Shura Marina Residences.
Even before the official sales launch, over 12% of the ultra-luxury residences on Shura Island have already been pre-sold.
Designed for both regional and international buyers, these residences are expected to be completed by late 2025, supporting Saudi Vision 2030’s goal of transforming luxury tourism.
The Ritz-Carlton, AMAALA
Red Sea Global and Marriott have joined forces to introduce The Ritz-Carlton, AMAALA at Triple Bay in 2025.
Crafted by Foster + Partners, this high-end resort will offer 391 rooms, with 80% providing stunning views of the Red Sea, direct access to the beach, wellness facilities, and a range of outdoor activities.
When it opens, The Ritz-Carlton, AMAALA is anticipated to be the largest property in the Red Sea area.
Four Seasons Resort and Residences AMAALA
Red Sea Global and Four Seasons are set to unveil the Four Seasons Resort and Residences AMAALA at AMAALA Triple Bay in Saudi Arabia.
Designed by U+A, a worldwide architecture and design firm, the resort will feature 220 rooms and suites, private pools, an upscale spa, and 26 branded villas with breathtaking views of the bay and ocean.
Opening in 2025 as part of AMAALA’s initial phase, this project emphasizes Four Seasons’ commitment to bolstering Saudi Arabia’s growing tourism industry.
Four Seasons Resort Red Sea
Red Sea Global, collaborating with Kingdom Holding Company (KHC), has embarked on an extraordinary joint venture, investing $533 million to develop the Four Seasons Resort Red Sea on the stunning Shura Island. This project is set to become a highly coveted luxury resort.
The resort boasts 149 rooms, suites, and 31 residential properties. It features six distinct dining and lounge areas, spaces for meetings and events, a center dedicated to marine discovery, and an interactive Kids For All Seasons area.
Continue Reading: Red Sea Global to Open 11 New Resorts and AMAALA by Early Next Year
