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Red Sea Global announces ‘remarkable progress’ on AMAALA development in Saudi Arabia as $6.13bn contracts boost tourism and real estate hotspot

Red Seas Global reveals ongoing progress at major Saudi development

AMAALA Red Sea Global Saudi Arabia
Red Seas Global reveals ongoing progress at major Saudi development AMAALA

Red Sea Global (RSG) said that it continues to make substantial progress in the ongoing development of AMAALA.

AMAALA offers amenities including medical and integrative wellness, sun-drenched adventure, world-class art and transformative events.

RSG Group CEO John Pagano said: “We have achieved remarkable progress across every aspect of AMAALA, from our signature resorts and immersive experiences to essential utilities and infrastructure. Our unwavering focus is on infusing sustainability and regenerative principles into every facet of development.

AMAALA in Red Sea, Saudi Arabia

“Once complete, AMAALA will present an extraordinary collection of assets and experiences that will elevate wellness, lifestyle, and human connection”.

To date, RSG has awarded more than 600 contracts on AMAALA worth nearly SR23bn ($6.13bn) to world-leading partners. These partners share RSG’s ambition to co-create luxury and wellness destinations that are developed in line with responsible development practices.

As development advances, a number of key areas of AMAALA are moving toward completion, each one bringing the destination closer to welcoming guests.

At Triple Bay Marina Village, the Equinox Resort is now topped out, and concrete structure work on the Village Boutique Hotel’s main building, condos and villas is nearing completion. This bustling hub will soon offer guests a haven of scenic boardwalks, waterfront restaurants, luxurious boutiques and well-known retailers, plus a vibrant year-round events program, all set against the breathtaking backdrop of the Red Sea.

At the Marina, flooding of the marina basin was complete at the end of 2023, and contracts for the floating pontoons and fixed decks have been awarded as RSG begins putting the final touches on this stunning central feature.

At AMAALA Yacht Club, all construction contracts have been awarded, concrete works are close to completion, and structural steel and MEP works have been started.

At Wellness Core, superstructures are present on 80 per cent of the 220 buildings within the zone.

In another significant development, the Ministry of Health, earlier this year, approved the design of the AMAALA Hospital. The hospital will provide healthcare services for residents and visitors to the 4,200 km2 destination.

Once complete, AMAALA will feature close to 4,000 hotel rooms across 30 hotels as well as 1,200 luxury villas, apartments, and estate homes.

It will also be supported by high-end retail, fine dining, wellness, and recreational facilities. AMAALA will be powered entirely by solar energy, saving the equivalent of nearly half a million tons of CO2 emissions every year.

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