Palmera Apartments
Private Red Sea retreats on Laheq Island, with instant beach access and extravagant lifestyle offerings at the heart of The Souq.
Roi Potential
20%
Handover
Q4 2028
Starting price
From AED 5,730,000
About Palmera Apartments
Overview of Palmera Apartments: Redefining Prestige by the Sea, Palmera Apartments lie on the northeast side of The Ring, Laheq Island’s iconic mixed-use enclave. It proposes a limited number of 16 branded apartments in the first private island community within the Kingdom.With its bustling Souk surrounds, direct beach access, and beautiful palm gardens, the project, built by Red Sea Global and designed by Lissoni & Partners along with Studio Paolo Ferrari, combines boutique luxury with the energy of a genuine Arabian marketplace., Riyadh – 2 hr 10 min direct flight to Red Sea International, RSI Airport to Laheq Island – 30 min by electric yacht and car, The Souq & Marketplace – 5 min walk, Marina & Beach Clubs – 5–10 min
Project details
Starting Price
From AED 5,730,000
Handover
Q4 2028
Payment Plan
From AED 5,730,000
Area
1,259 – 7,212 sq. ft
Property Type
Apartments
Roi Potential
20%
Developer
Red Sea Global
Location
Laheq Island
Signature Features & Resort-Style Amenities
Located inside The Ring at Laheq Island, Palmera Apartments provides residents with an exceptional mix of island isolation and dynamic cultural events.
Direct beach access and private gardens; Marina & Beach Club; Souq Marketplace: boutiques, cafés; Family Beach Club with pools; North Park & Golf Club; Well Hotel & Spa; Concierge, ground & marine transfers; Community programs
Gallery
Living in Palmera Apartments
Palmera Apartments comprises an uncommon opportunity to secure one of just 16 boutique homes in the exclusive Souq Ring of Laheq Island. As of 2025: Flexible Financing Options in the UAE Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.
Premier Healthcare
RSI Medical Clinic at Red Sea International Airport, Future wellness & medical centers planned
Elite Education
About the Developer
About Red Sea Global, Red Sea Global, fully owned by the Public Investment Fund of Saudi Arabia, is the driving force behind the regenerative and luxury tourism initiatives of Vision 2030. The developer is well known for creating top-notch, environmentally friendly settings that meld in with their natural surroundings; Jumeirah The Red Sea is the perfect instance.
