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Saudi Arabia · Jeddah · Jeddah Central

Atlantis Residences Jeddah

The first Atlantis in the Kingdom, on the Jeddah Central waterfront.

Gurjinder Bajwa Omnia Capital Group

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Overview

Branded residences beside an 800-key Atlantis resort on the Jeddah Central waterfront, from the SAR 7.6 billion Midad, Kerzner and JCDC joint venture. Ahead of release, with no pricing published.

On 13 November 2025, at the TOURISE Global Summit in Riyadh, Midad Real Estate, the Jeddah Central Development Company and Kerzner International signed a joint venture worth SAR 7.6 billion, about USD 2.03 billion, to bring the first Atlantis and the first One&Only in Saudi Arabia to the Jeddah Central waterfront.

Atlantis Jeddah is specified at 800 rooms and suites with a branded residential component. Around it sit an Aquaventure waterpark, the Lost Chambers Aquarium, more than 20 dining, lounge and nightlife venues including celebrity-chef restaurants, retail and a waterfront entertainment pier. The design draws on Jeddah's Corniche and beachfront character, with coral-inspired landscaping and low-impact building practice.

The residences have not been released. No unit count, mix, size range, price or sales date has been published. We hold a position on this scheme and register buyers ahead of the release.

Property type
Residential development
DeveloperMidad Real Estate

However you're buying

Start with the right conversation.

Tell us which of these sounds like you, and an advisor will tailor the brochure, the numbers and the next step to your situation.

Buy-to-let & hold

Investors

Considering this as an income or capital play? We model rental yield, the payment-plan cash flow and a clear exit before you commit.

Yield modellingCash-flow planExit strategy
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Buying to live

Home & second-home buyers

Buying somewhere to live, summer or retire? We match the right residence and handle the purchase and the move end to end.

Right residenceEnd-to-end moveHandover support
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Visa & residency

Relocating buyers

Investor residency can follow a qualifying purchase. We confirm eligibility and walk you through the route.

Eligibility checkInvestor residencyFamily sponsorship
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The residences

Interiors made for living.

Branded residences are confirmed as part of Atlantis Jeddah. Nothing further about the residential product has been made public: not the number of homes, not the typology split, not the size range, and not the price.

What is confirmed

A branded residential component within Atlantis Jeddah, alongside 800 hotel rooms and suites, developed by Midad under the November 2025 joint venture with Kerzner International and the Jeddah Central Development Company.

What is not

Unit count, unit mix, size range, floor plans, pricing, payment terms, sales-launch date and handover date. None of it is public, for either scheme in the joint venture.

Atlantis or One&Only

Both sit on the same waterfront from the same joint venture. Atlantis is the larger, more animated address with the waterpark and the aquarium. One&Only is lower density and built around a Private Homes community.

The amenities

Resort and leisure

Aquaventure waterpark, the first in Saudi ArabiaThe Lost Chambers AquariumWaterfront entertainment pierLuxury retail

Dining and nightlife

More than 20 dining, lounge and nightlife venuesCelebrity-chef restaurants

The wider Jeddah Central masterplan

2.1 km of beach and a yacht marinaOpera house with three auditoriumsStadium for 45,000, FIFA specificationOceanariumMuseum by Heatherwick Studio

Why this address

The case for it.

The Kingdom's first Atlantis

Kerzner's Atlantis brand makes its Saudi debut here, at 800 rooms and suites with a branded residential component, on the central Jeddah waterfront rather than a greenfield edge.

A sovereign waterfront

Jeddah Central is a PIF project: 5.7 million square metres, 9.5 kilometres of reclaimed shoreline, phase one targeted for the end of 2027 with cultural anchors already under construction.

Nothing released, nothing priced

No residence count, mix, size or price has been published for Atlantis Jeddah, and no sales date has been set. Registering ahead of the release is the only useful move available today.

The investment case

Bought early, held for value.

Download the dossier
SAR 7.6bn
Joint venture value
About USD 2.03bn, with One&Only Jeddah
800
Atlantis rooms and suites
20+
Dining, lounge and nightlife venues
Not published
Residence count, mix and pricing
As at August 2026

All figures are indicative and provided for orientation only, not investment, tax or legal advice. Omnia does not guarantee rental yield or capital growth. Confirm every figure against the developer's current price list before reserving.

Ownership & how to buy

How ownership works.

The framework

Saudi and GCC nationals can already own. For other foreign buyers the framework took effect on 22 January 2026, and the Cabinet approved the designated geographic zones and implementing regulations on 23 June 2026, administered by REGA.

How eligibility is decided

Jeddah is covered by published mapped zones, but eligibility is determined per title against the REGA record rather than by district name. Because nothing here has been released, the position for a specific unit must be confirmed at release.

Take advice

Ownership, residency and tax treatment move, and this is not legal advice. We check the live REGA position and the residency route with you before you commit.

Figures are indicative. Your advisor prepares a full, itemised cost breakdown for your specific residence and jurisdiction before you commit.

The location

Part of Jeddah Central

The immediate setting.

Al Balad, historic Jeddah
10 to 15 minutes
The Corniche and Ash Shati
15 to 20 minutes
King Abdulaziz International Airport
About 30 minutes
Obhur, the northern coast
35 to 45 minutes
In the masterplan
9.5 km of reclaimed waterfront2.1 km of beach and a yacht marinaOpera house with three auditoriumsStadium for 45,000, FIFA specificationOceanarium and the Heatherwick museumOne&Only Jeddah, the joint venture's second scheme

The wider picture

Desert-edge villa residences at golden hour, Saudi Arabia
The country

Saudi Arabia

Own property in one of the Gulf's most ambitious real estate markets.

The city

Jeddah

Jeddah is opening its Red Sea waterfront to foreign owners just as a new downtown is built along it.

The district

Jeddah Central

A new downtown being built on 5.7 million square metres of central Jeddah shoreline. A PIF project, 9.5 km of waterfront, and the address the Kingdom has chosen for its first Atlantis and its first One&Only.

In detail

A closer reading.

The site matters as much as the brand. Jeddah Central is a Public Investment Fund project building a new downtown on 5.7 million square metres of the central Jeddah shoreline: 9.5 kilometres of reclaimed waterfront, 2.1 kilometres of beach, a yacht marina and a stated investment of around USD 20 billion. Phase one is about 45% of the whole, targeted for the end of 2027, and carries roughly 17,000 homes and about 2,700 hotel rooms. Four cultural anchors are under construction with it: a 45,000-seat stadium built to FIFA specification, an opera house with three auditoriums, an oceanarium, and a Heatherwick Studio museum converting a decommissioned desalination plant.

The counterparty structure has three layers. The Jeddah Central Development Company is the master developer and is owned by the Public Investment Fund. Midad is the developer on this scheme. Kerzner International is the operator and brand owner: it runs the resort and licenses Atlantis, and it does not build the asset or carry the construction obligation. Understanding which of the three your sale agreement names is the single most useful thing you can do before a book opens.

One correction worth making, because it travels. Some coverage describes the Aquaventure here as the region's first. Aquaventure has operated at Atlantis The Palm in Dubai since 2008, so the accurate claim is that this is Saudi Arabia's first. We would rather be right than repeat a press line.

Atlantis Jeddah and One&Only Jeddah come from the same joint venture and sit on the same waterfront, but they are different products for different buyers. Atlantis is scale, entertainment and family draw. One&Only is quieter, lower density, and built around a Private Homes community. If you are weighing the two, that distinction is where the conversation starts.

Questions & answers

What buyers ask us.

What is Atlantis Jeddah?

Atlantis Jeddah is the first Atlantis resort in Saudi Arabia, planned for the Jeddah Central waterfront with 800 rooms and suites plus a branded residential component. It comes from a SAR 7.6 billion joint venture between Midad Real Estate, the Jeddah Central Development Company and Kerzner International, signed on 13 November 2025 at the TOURISE Global Summit in Riyadh.

How much do Atlantis Jeddah residences cost?

No pricing has been published. As at August 2026 there is no public price list, no price per square metre and no starting price for the Atlantis Jeddah residences, and no sales-launch date has been announced.

How many residences are there at Atlantis Jeddah?

The residence count has not been published. The resort is confirmed at 800 rooms and suites, but no unit count, mix or size range has been released for the branded residences.

Where is Atlantis Jeddah?

On the Jeddah Central waterfront, the Public Investment Fund project rebuilding 5.7 million square metres of the central Jeddah shoreline on the Red Sea. It is roughly 30 minutes from King Abdulaziz International Airport.

When will Atlantis Jeddah open?

No opening date has been published for the resort or a handover date for the residences. Phase one of the wider Jeddah Central masterplan, about 45% of the development, is targeted for the end of 2027.

Who is developing Atlantis Jeddah?

Midad Real Estate is the developer, in a joint venture with the Jeddah Central Development Company, which is owned by the Public Investment Fund and is the master developer of Jeddah Central. Kerzner International is the operator and brand owner: it runs the resort and does not build the asset.

Is the Aquaventure at Atlantis Jeddah the first in the region?

It is Saudi Arabia's first. Some coverage calls it the region's first, but Aquaventure has operated at Atlantis The Palm in Dubai since 2008, so the regional claim is not accurate.

How do I register interest before the launch?

Through us. We hold a position on this scheme and register buyers ahead of the release, so you are in front of the first allocations rather than reacting to a public price list.

Make an enquiry

Speak with an advisor.

Project and unit information, a guided presentation, or a viewing, with a named Omnia advisor from first question to final key.

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A named Omnia advisor replies within one business day, with no obligation.

Due diligence

Read deeper before you decide.

The render is the easy part. These are the documents and the reading that make for a considered decision, prepared by Omnia or shared on request.

Document

The development dossier

We prepare the current documentation for this development and send it to you as a single file.

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Guides

Ownership, plainly

Eligibility, title, ongoing costs and the considerations. What overseas buyers should understand before reserving.

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Reports & intel

Omnia's reading of the market

Where value is moving across our markets, researched and written by Omnia.

Read the reports

Why Omnia

The residence is the visible part. The access, the advice and the standing behind it are what make a purchase considered.

Access

We work with buyers who value discretion and reach across significant purchases, including residences released privately, before they are widely marketed.

Independent advice

We work on the buyer's side of the decision, from first viewing to completion and the years that follow.

The whole picture

Availability, documentation, ownership structure and unit selection, considered together, so the decision is made with the full view, not a brochure.

For the long term

We help clients acquire property to hold and pass on, with clear-eyed attention to cost, structure and the considerations that come with off-plan ownership.

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