Red Sea Global (RSG), the visionary developer behind the regenerative tourism projects The Red Sea and AMAALA, has introduced its exclusive residential subsidiary, Red Sea Residences. This new venture offers a rare opportunity to own a piece of the luxury destinations along the stunning Red Sea coast.
Red Sea Residences is set to establish new standards in ultra-luxury living, featuring bespoke homes crafted by world-renowned architects and interior designers. Each residence is designed to harmonize sustainability with an elevated lifestyle, seamlessly blending nature, comfort, and prestige.
“We’re pioneering the creation of a one-of-a-kind luxury residential market here in Saudi Arabia. Residents will effectively own a piece of the Red Sea, while experiencing secluded yet fully connected modern island and coastal living within the Kingdom.”
“In line with our regenerative tourism ethos, all Red Sea Residences homes have been designed to enhance the surrounding environment and benefit nearby communities, delivering for people and planet,” said John Pagano, Group CEO of RSG.
Shura Residences
The first development under Red Sea Residences revealed to date is located on the idyllic Shura Island at The Red Sea destination, with properties ready for handover at the end of 2025.
Shura is the main hub island at The Red Sea. It is home to 11 resorts, as well as lively experiences and amenities including restaurants, retail districts, luxury marinas and the Kingdom’s first 18-hole island golf course, Shura Links.
Including both branded and unbranded residences, Shura Residences offers access to all of the island’s entertainments, as well as its pristine beaches and azure waters, while also offering seamless access to the wider destination and iconic resorts.
RSG has disclosed two branded communities on Shura initially. SLS Residences, which offers 15 sleek and intimate, one- to four-bedroom residences from 130 to 423 sqm. Secondly, Four Seasons Signature Residences, which includes 75 spacious one- to four-bedroom villas from 414 to 534 sqm, offering views into the island’s lagoon and golf course.
Coming to market at the same time is Shura Marina Residences, specially developed and operated by Red Sea Global. These 36 apartments feature one- to three-bedrooms, from 190-364 sqm, and come with direct access to the marina.
Expanding residential portfolio
Beyond the first communities revealed by RSG, it is already working on other developments. This includes further properties at Shura, as well as a selection of branded and unbranded residences at AMAALA, RSG’s sports and wellness focused destination opening later this year.
The Red Sea welcomed its first guests in 2023. It now has five hotels open, as well as the Red Sea International Airport (RSI). Situated within three hours’ flying time of 250 million people and eight hours’ flying time for 85% of the world’s population, RSI is the gateway to the destination for guests and residents alike, whether based in the Kingdom or further afield. It has been receiving a regular schedule of domestic flights since September 2023 and international flights began in April 2024, with a twice-weekly route between The Red Sea and Dubai International.
RSG is on track to compete all 16 hotels that make up Phase One of The Red Sea in 2025. The first phase of AMAALA is set to welcome its first guests later this year. By the end of 2025, RSG will have opened 25 resorts and delivered close to 450 luxury residences.