Raffles Hotel & Residences by the Red Sea, Jeddah

A limited collection of 120 fully serviced 3–5BR residences & penthouses

  • High rental yields: Approximately 8% in the Jeddah Corniche area
  • Prime location near the Floating Mosque and Jeddah Yacht Club & Marina
  • Platinum Loyalty Program membership from Accor
  • Starting Price:SAR 9.5M (USD 2.5M)
  • Payment Plan:95/5
  • Handover:Q1 2025

About Raffles Jeddah Residences

Waterfront Elegance on Jeddah’s Red Sea Shore

Own a spacious, fully furnished 3 to 5-bedroom apartment, 4-bedroom duplex, or duplex penthouse in the heart of Al Shati, Jeddah. Set within the Raffles Jeddah development, these residences offer panoramic views of the Red Sea, access to world-class hotel amenities, and thoughtful design throughout. Prices start from SAR 9.5M (~ AED 9.3M), with handover expected in 2025. Owners may also qualify for Saudi Arabia’s Premium Residency and receive Accor’s Platinum Loyalty membership.

Project details
Developer
Location
Payment Plan
Area
Property Type
  • ERTH Real Estate
  • Jeddah, Saudi Arabia
  • 95/5
  • From 4,036‑12,690 sq. ft.
  • Apartments, duplexes & penthouses
Sviatlana Makutsenia
Real Estate Expert
Play video
666
USD/ sq. m (2023)
856
28.5%
USD/ sq. m (2024)
* Price increase per sq. m for apartments, according to Property Monitor
115
USD/ sq. m (2023)
209
81,7%
USD/ sq. m (2024)
* Price increase per sq. m for land plots, according to Property Monitor

Economic Appeal

Invest in Jeddah’s Premier Waterfront Address

A rare luxury investment opportunity with apartment prices up to SAR 14K (~AED 14,3K) per m² and capital appreciation reaching 12% annually. Rental yields range from 7% to 8.5%, supported by strong demand for premium furnished units on the Red Sea coast. Investors also gain Premium Residency eligibility and benefit from Jeddah’s growing infrastructure and tourism sector.

Payment Plan

Flexible 95/5 Payment Plan

Secure your residence with just 30% at booking, pay 60% on 90% completion, 5% on completion, and the final 5% at handover in Q1 2025. Exclusive investment potential with Premium Residency eligibility.

On Booking
  • 30% Down Payment
On Construction
on 90% Completion
  • 60%
    On Handover
    Strong capital appreciation and lifestyle value, with Premium Residency and Accor Platinum Loyalty Program benefits.
    • 5% On Completion
    • 5% on  Handover in Q1 2025
    Floor Plans
    Download All Floor Plans
    Brochure
    Download PDF Brochure
    For Booking
    On Construction
    On Handover
    Floor Plans
    Download All Floor Plans
    Brochure
    Download PDF Brochure
    For Booking
    On Construction
    On Handover
    Floor Plans
    Download All Floor Plans
    Brochure
    Download PDF Brochure
    For Booking
    On Construction
    On Handover
    Floor Plans
    Download All Floor Plans
    Brochure
    Download PDF Brochure

    After completion, you have 3 options...

    Sell & benefit from the potential strong capital gains
    Rent out & earn passive income
    Move into your new home
    Prime Red Sea Waterfront Living
    Prime Red Sea waterfront living offers stunning sea views, direct beach access, and close proximity to luxury amenities, making it a top choice for lifestyle and investment.
    Investment Opportunity
    Al Shati, Jeddah delivers strong rental yields up to 11.7% and steady capital growth, backed by major infrastructure and Red Sea developments—making it a top-tier investment hotspot.
    Prestigious Location
    Located in Al Shati, Jeddah, just minutes from the Floating Mosque, Jeddah Yacht Club & Marina, pristine beaches, and key city hubs.
    Why you will love this place
    Why you will love this place

    Fitness & WellnessA state-of-the-art gym and spa cater to your active and holistic lifestyle.

    Why you will love this place
    Why you will love this place

    Family-Friendly Play & LeisureSecure, engaging children’s play areas and dedicated family zones ensure young residents enjoy safe, social, and enriching experiences.

    Why you will love this place
    Why you will love this place

    Elegant Social & Entertainment SpacesHost gatherings in private residents’ clubs, landscaped BBQ zones, and event spaces, perfectly blending community and luxury lifestyle.

    Why you will love this place
    Why you will love this place

    Convenience & SecurityOn-site fine dining, diving center, ample parking, and 24/7 security ensure a safe, self-contained, luxurious living experience.

    Why you will love this place
    Why you will love this place

    Exquisite Pools & Waterfront LivingEnjoy three stunning pools for men, women, and children, surrounded by landscaped spaces for relaxation and leisure.

    Why you will love this place
    Why you will love this place

    Infinity pool

    A range of cafes and gourmet restaurants are located near the residential complex.

    Why you will love this place
    Why you will love this place

    F&B services

    A range of cafes and gourmet restaurants are located near the residential complex.

    A pioneer in luxury real estate development in Saudi Arabia, ERTH Real Estate is celebrated for creating iconic waterfront residences that combine timeless design, architectural mastery, and uncompromising quality. Their flagship Raffles Jeddah project embodies a refined vision of coastal living, setting new benchmarks in prestige, elegance, and sophisticated lifestyle along the Red Sea.

    Location & Advantages

    Living in Al Shati, Jeddah

    Al Shati, Jeddah, is a prime waterfront area on the Red Sea with beautiful views and easy beach access. It offers luxury marinas, restaurants, and entertainment, all close by. The neighborhood is growing fast thanks to new infrastructure and the nearby Red Sea International Airport. With its mix of nature and city convenience, Al Shati is becoming a top choice for both living and investing.

    Schools
    Restaurants
    Medical Facilities
    Pharmacies
    Shops
    Schools
    Restaurants
    Medical Facilities
    Pharmacies
    Shops
    Social Facilities

    Al Shati is fast becoming a vibrant luxury hub, featuring fine dining, high-end retail, beach clubs, and cultural landmarks that enrich residents’ lifestyle.

    • Floating Mosque 3 min by car
    • Jeddah Yacht Club & Marina - 5 min by car
    • Obhur Corniche & Beaches - 10 min by car
    • Mall of Arabia - 15 min by car
    Education & Medicine

    Residents enjoy convenient access to top‑tier hospitals and clinics, ensuring safety, well-being, and peace of mind just minutes from home.

    • King Fahd Hospital - 7 min by car
    • Dr. Erfan & Bagedo Hospital - 10 min by car
    • Al Zahra Hospital - 12 min by car
    Culture

    Families benefit from prestigious international schools and nurseries nearby, providing quality education and a well‑rounded lifestyle for children of all ages.

    • British International School - 5 min by car
    • International Philippine School - 7 min by car
    • American International School - 10 min by car
    • Jeddah Knowledge International School - 12 min by car

    Frequently Asked Questions

    Receive a call back from our team

    Fill in your contact details to receive more information.

    Thank you for sending us a message!
    Our expert will contact you soon
    Something went wrong. Please try again.

    Metropolitan Group — A Leader in the International Real Estate Market

    Metropolitan Group is a prominent leader in the UAE real estate market, with 16 years of experience and a stellar reputation. With offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, we are committed to providing clients with exceptional service and a professional approach.

    Trust index from customer reviews
    See All Reviews
    120+ Awards
    from prestigious organizations
    Since 2008
    Your partner in successful investments
    1000+ employees
    across Metropolitan Group
    120,000 customers
    Purchased a property from us in the UAE
    AED 70 Billion+
    Our total sales to date
    60+ Languages
    Spoken by our agents and team
    90,000+ objects
    Sold, rented, and leased throughout the UAE
    Strategic Investment Solutions
    Our investment experts help you identify properties with the highest growth potential and attractive returns.
    Exclusive Access to the Best Properties
    With a team of 500+ agents, we offer tailored advice across various property segments.
    End-to-End Support
    Rely on our team of legal and real estate specialists for seamless property transactions, visa support, and end-to-end guidance across the Saudi market.

    6 Steps to Success with Metropolitan

    Find your ideal property effortlessly with our proven 6-step process, designed for a smooth and successful experience from start to finish.

    16+ years of excellence in the UAE
    Trustscore with 420+ reviews
    See All Reviews
    01
    Book a call with us
    Understand investor’s goals and preferences
    Provide an overview of the Dubai real estate market and available opportunities
    02
    Select your dream property
    Browse a detailed portfolio of projects and areas, and a personalised list of exclusive properties
    Discuss potential returns, market trends, and investment strategies
    03
    We will prepare the documents
    Provide guidance on payment schedules and financial planning
    Navigate legal complexities with ease and ensure compliance with local regulations
    04
    Pay booking fee to the developer
    Discuss installment plans, handover timelines, and legal details
    Pay your booking fee easily online
    05
    We will do the property snagging
    Manage the transaction process, ensuring a smooth and hassle-free experience
    Oversee the final handover of the property and address any last-minute concerns
    06
    Post-Handover Services
    Offer property management services, including tenant placement and maintenance
    Provide guidance on resale opportunities, market timing, and exit strategies

    What Clients Say About Us

    Explore another projects for sale

    Q4 2030
    Villas
    Apartments
    Duplexes
    Penthouses
    Townhouses
    Padel Living Residences

    Central Jeddah

    1–4

    From 592 to 2,120 sq.ft.

    From SAR 790K (USD 211K)
    Q4 2029
    Villas
    Apartments
    Duplexes
    Penthouses
    Townhouses
    Trump Tower Jeddah

    Jeddah

    1–4

    From 831 to 3,929 sq.ft.

    From SAR 2M (USD 533K)
    Q4 2030
    Villas
    Apartments
    Duplexes
    Penthouses
    Townhouses
    Amaya & Trump Plaza Jeddah

    Jeddah

    1–3

    From 753 to 1,582 sq.ft.

    From SAR 1.8M (USD 470K)
    Book a Free Consultation

    Capitalize on Dubai's property boom. Share your details for custom investment opportunities and expert insights

    Thank you for sending us a message!
    Our expert will contact you soon
    Something went wrong. Please try again.
    Book a Private Consultation

    Provide your details to receive more information

    Thank you for sending us a message!
    Our expert will contact you soon
    Something went wrong. Please try again.
    Download a brochure

    Download a free PDF file with full project description, as well as interior photos, location, master plan and more

    Thank you for sending us a message!
    Our expert will contact you soon
    Something went wrong. Please try again.
    Download all floor plans

    Download a free PDF file with full information about floor plans

    Thank you for sending us a message!
    Our expert will contact you soon
    Something went wrong. Please try again.