
The Red Sea Project
The Red Sea Project is the first major test of Saudi Arabia's new foreign ownership law, with properties actively selling to international buyers since January 2026. This $28 billion development spans 28,000 square kilometers of pristine coastline with 90+ islands. Branded residences from Four Seasons, Jumeirah, SLS, and Ritz-Carlton offer full freehold ownership with world-class resort amenities.
Key Highlights:
- Silene Villas - 154 luxury residences (3-8 bed) with private pools
- Jumeirah Residences - 32 waterfront branded units
- Four Seasons, SLS, Ritz-Carlton branded residences
- First Saudi project actively selling to foreigners




