SLS The Red Sea Residences on Shura Island

Only 15 beachfront homes with expansive views of the Red Sea on Shura Island, Saudi Arabia.

  • ROI potential: 6–8% annually from prime location and high demand.
  • Rental returns of up to 8% per year are anticipated.
  • Proximity to world-class resorts, golf courses, and Red Sea International Airport.
  • Starting Price:SAR 8.55M (USD 2.28M)
  • Payment Plan:30/70
  • Handover:Upon request

About SLS The Red Sea Residences

Elite Villas on the Red Sea’s Premier Island

SLS The Red Sea Residences delivers 15 exclusive beachfront villas on Shura Island, from 1 to 4 bedrooms. Designed by Foster + Partners with interiors by Lissoni & Partners, each villa features private infinity pools and direct beach access. Owners gain rental management, international perks, and long-term Saudi residency eligibility.

Project details
Developer
Location
Payment Plan
Area
Property Type
  • Red Sea Global
  • Shura Island, Saudi Arabia
  • 30/70
  • From 1,399 sq. ft
  • Villas
Sviatlana Makutsenia
Real Estate Expert
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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

Red Sea Prestige, Profit, and Privileges

Under Vision 2030, the Red Sea is Saudi Arabia's preeminent luxury travel destination, fusing sustainability and opulence.  SLS Residences, which has just 15 villas available, offers long-term capital appreciation, strong rental returns (5‑8%), and residency privileges for investments above SAR 4M (~ AED 4.04M).  With seamless connection, investors have a unique opportunity to enter a highly sought‑after luxury and wellness tourism destination.

Payment Plan

Flexible 30/70 Payment Plan

Pay 5% when you book your villa, 25% while it's underway, and 70% once it's finished. Participation in the hotel rental program benefits owners by guaranteeing regular returns and excellent maintenance standards.

On Booking
  • 5% Down Payment
On Construction
staggered payments
  • 25%
    On Handover
    balance upon completion
    ≈ 8% annually
    • 70%
    Floor Plans
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    For Booking
    On Construction
    On Handover
    Floor Plans
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    Brochure
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    For Booking
    On Construction
    On Handover
    Floor Plans
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    Brochure
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    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
    Growth-Induced Investment Potential
    This environmentally aware property offers investors Accor's Diamond Status perks, long-term Saudi residency, and luxury lifestyle privileges.
    Prime Coastal Spot in The Red Sea
    With direct beach access, expansive sea views, private infinity pools, and custom Italian furnishings by Lissoni & Partners, each house unites architectural expertise with complete seclusion.
    Strategic Location & Accessibility
    The project, which is situated on Shura Island, the premier Red Sea location, is only 25 minutes away from Red Sea International Airport by chauffeured vehicle. It offers easy access to 11 top‑notch resorts, an 18‑hole golf course, and Turtle Bay Village.
    Why you will love this place
    Why you will love this place

    Distance to the BeachYou may walk straight from your villa to the blue waves and immaculate white dunes.

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

    Elegant Dining & BarsWorld-class culinary experiences could potentially be enjoyed at Shura Island's signature dining establishments.

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

    Golf & Wellbeing LifestyleAccess to world-class wellness facilities, opulent spas, and an 18-hole championship golf course.

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

    VIP Ownership RewardsBenefit from worldwide hospitality, Accor's Diamond Status, and the managed rental program.

    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.

    The development of the Red Sea destination is spearheaded by Red Sea Global, a fully owned subsidiary of the Public Investment Fund of Saudi Arabia.  With a dedication to Vision 2030, RSG is a leader in environmentally aware luxury living, developing world‑class hospitality, premium homes, and sustainable tourism along Saudi Arabia's west coast.

    Location & Advantages

    Living on Shura Island

    The largest Red Sea project, Shura Island, offers upscale resorts, eating selections, entertainment, and recreational opportunities.  Residents have easy access to Saudi Arabia's most renowned tourist destination, immaculate beaches, and opulent marinas.

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

    In addition to great restaurants, golf, and sumptuous marinas, Shura Island is home to Turtle Bay Village, a bustling residential and business district that serves both owners and locals.

    • Red Sea Resorts & Marina - 25 min by car
    • Turtle Village - 5 min by car
    • Dive Centre & Village Square - 10 min by car
    • Luxury Dining & Recreation Zones -15 min by car
    Education & Medicine

    With future medical, hotel, and educational centers integrated inside the Red Sea destination, community infrastructure is changing.

    • Planned Island School - 5 min by car
    • Shura Island Clinic - 5 min by car
    • Red Sea Medical Centre - 20 min by car
    • On-Island Pharmacy - 20 min by car
    Culture

    The Red Sea initiative supports art, culture, and carefully chosen lifestyle experiences for both locals and tourists by fusing luxury with ecological responsibility.

    • Island International School - 5 min by car
    • Children’s Recreation Centre - 5 min by car
    • Shura Community Academy - 10 min by car
    • Cultural Village Centre - 15 min by car

    Frequently Asked Questions

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    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.

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    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.

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    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
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    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

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