Shura Marina Residences Red Sea

Situated on Shura Island, the Red Sea, Saudi Arabia, Shura Marina Residences offers an exclusive sea- and marina-front destination with premium residences defined by their surrounding natural beauty, sensitive architecture, and luxurious lifestyle. Shura Marina Residences is a 30-minute drive from the newly developed Red Sea International Airport (RSI) and connected to the mainland by a 3.3km crossing, including a 1.2km bridge.Shura Island is part of the Red Sea Destination, a luxury tourism and hospitality project along the Kingdom of Saudi Arabia’s west coast. The Red Sea Destination extends over 28,000 sq km / 20,800 sq miles, comprising 200 km / 120 miles of untouched coastline and more than ninety islands, of which only twenty are developed, with the rest left untouched. The destination comprises coral islands, mountains and desert resorts, all of which combine luxury and nature seamlessly.Turtle Bay Village, located on the mainland, is a residential and commercial area supporting the area’s essential infrastructure and will continue to evolve as development progresses. The project scope includes Turtle Bay Hospital and a school complex.As of Q1 2025, the average return on investment for residential properties in Saudi Arabia is 5-7%, up to 8% in cities like Riyadh and Jeddah. High demand in these bustling cities is a key factor boosting high yields, while in areas such as the Red Sea Project (Shura Island), luxury, exclusivity, and wellness tourism among affluent individuals are the driving forces.Investors can secure a Real Estate Owner Residency, which is available to owners of properties in Saudi Arabia with a value of SAR 4,000,000 or more. Saudi Arabia is one of the safest countries in the world, ranked third among G20 nations in the Security Indicator. One of its Vision 2030 aims is that three of its cities will rank among the world’s hundred most liveable.