AMAALA — Luxury Property Investment for Foreigners (2026)

AMAALA is Saudi Arabia's ultra-luxury wellness destination on the Red Sea, opening Q3 2026. Four Seasons, Rosewood, and Six Senses branded residences available to foreign buyers.

Non-Resident · Key points for your situation

› Power of attorney required if you can't attend the notary in person

› Saudi bank mortgages not available to non-residents — plan for a cash purchase

› Verify the property is within a REGA-designated zone before proceeding

› Budget 7–10% above the purchase price for total transaction costs

Iqama Holder · Key points for your situation

› Your Iqama is accepted across all government systems — Absher, REGA, Ministry of Justice

› Attend the notary in person — no power of attorney needed

› Mortgage may be available from select Saudi banks — typically up to 70% LTV

› Ensure your Iqama has at least 12 months validity before starting

What Is AMAALA?

AMAALA (billed as the ‘Riviera of the Middle East’) is an ultra-luxury wellness, arts, and culture destination on Saudi Arabia’s northwest Red Sea coast, developed by Red Sea Global. It targets ultra-high-net-worth buyers and travellers.

The destination spans three naturally occurring bays — Triple Bay, The Coastal Development, and The Island — with Phase 1 centred on Triple Bay.

Phase 1: What’s Opening in 2026

Nine resorts with a combined 1,267+ rooms are completing construction for a Q3 2026 opening at Triple Bay:

Property	Keys	Residences	Type
Four Seasons Resort & Residences	202	25	Luxury resort
Rosewood Resort & Residences	110	26	Ultra-luxury
Six Senses AMAALA	100 pool suites & villas	25 branded residences	Wellness
Nammos Resort & Residences	110	20 apartments	Beach club lifestyle
+ 5 additional properties	—	—	Opening 2026

Foreign Ownership

AMAALA operates within the Red Sea Global special economic zone, which explicitly permits foreign freehold ownership — one of the most straightforward paths to Saudi property ownership for non-GCC nationals.

Title type: Freehold (special zone framework)
Residency link: Qualifying purchases may support Saudi Premium Residency application
Buyers: Open to all nationalities, Muslim and non-Muslim

Note on scale-back: Saudi Arabia revised its broader Red Sea strategy in 2025, scaling back from 81 to an initial 27 resorts overall. Red Sea Global denied downsizing, and Phase 1 of AMAALA is proceeding as planned. Longer-term phases beyond 2026 carry more uncertainty.

Investment Considerations

Strengths:

Ultra-luxury positioning — one of few Saudi properties targeting UHNW international buyers
World-class brand operators (Four Seasons, Rosewood, Six Senses) give credibility and management quality
Foreign freehold in a genuine special zone — legally clean
Saudi tourism growth story: country targeting 150M visitors by 2030

Risks:

Remote location — no established domestic demand; purely dependent on international tourism
Phase 1 is real, but longer-term phases face the broader Red Sea scale-back uncertainty
Liquidity: this is a niche ultra-luxury market — resale market doesn’t exist yet

How to Enquire

Contact Red Sea Global directly via redseaglobal.com for current pricing and availability. There is no public listing portal for AMAALA residences — sales go through the developer’s investment team.

Frequently Asked Questions

Can foreigners buy property in AMAALA? +

Yes. AMAALA operates under a Red Sea Global special zone framework that permits foreign freehold ownership. Branded residences from Four Seasons, Rosewood, and Nammos are part of Phase 1. Phase 1 resorts are targeting Q3 2026 opening. Contact Red Sea Global directly for current availability and pricing.

When does AMAALA open? +

Phase 1 — Triple Bay — is targeting Q3 2026, with nine resorts opening across that phase. The Four Seasons, Rosewood, Six Senses, and Nammos properties are among the first to open. These are not the total project — AMAALA is a multi-phase development.

Where is AMAALA located? +

AMAALA is on Saudi Arabia's northwest Red Sea coast, in the Tabuk region, where the Hijaz Mountains meet the sea. It is part of the broader Red Sea Global project zone. The nearest major city is Tabuk — a short flight from Riyadh or Jeddah.

Is AMAALA related to the Red Sea Project? +

Yes. Both AMAALA and the Red Sea Project (Shura Island) are developed by Red Sea Global (RSG), the Saudi government entity under PIF. They are adjacent but distinct destinations — the Red Sea Project focuses on eco-tourism at Shura Island; AMAALA is positioned as ultra-luxury wellness.

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