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Enter the members’ areaSaudi Arabia · Jeddah · Jeddah Central
The brand's first Private Homes community in Saudi Arabia.

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Speak with an advisorOne&Only's first Private Homes community in the Kingdom, 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, bringing the first One&Only and the first Atlantis in Saudi Arabia to the Jeddah Central waterfront.
One&Only Jeddah carries guest rooms, suites and villas alongside the brand's first Private Homes community in the Kingdom, conceived as a private enclave on the city's coast. Seven specialty dining venues, the Club One wellness centre, private beach access and event spaces sit within it. The architecture draws on Jeddah's Corniche and beachfront character.
The Private Homes 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.
However you're buying
Tell us which of these sounds like you, and an advisor will tailor the brochure, the numbers and the next step to your situation.
Considering this as an income or capital play? We model rental yield, the payment-plan cash flow and a clear exit before you commit.
Buying somewhere to live, summer or retire? We match the right residence and handle the purchase and the move end to end.
Investor residency can follow a qualifying purchase. We confirm eligibility and walk you through the route.
The residences
The brand's first Private Homes community in Saudi Arabia is confirmed, alongside resort rooms, suites and villas. 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.
A One&Only Private Homes community, the brand's first in Saudi Arabia, alongside resort guest rooms, suites and villas, developed by Midad under the November 2025 joint venture with Kerzner International and the Jeddah Central Development Company.
Home count, typology split, 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.
Both sit on the same waterfront from the same joint venture. One&Only is the lower-density, quieter address built around a residential enclave. Atlantis is the larger, more animated one with the waterpark and the aquarium.
Why this address
One&Only Private Homes make their Saudi debut here. There is no comparable One&Only residential product in the Kingdom to price against, and no local resale history for the format.
Lower density than its sister scheme, conceived as a private enclave on the city's coast, with seven specialty restaurants, the Club One wellness centre and private beach access.
No home count, mix, size or price has been published for the Private Homes, and no sales date has been set. Registering ahead of the release is the only useful move available today.
The investment case
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
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.
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 home must be confirmed at release.
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
The immediate setting.
The wider picture

Own property in one of the Gulf's most ambitious real estate markets.
Jeddah is opening its Red Sea waterfront to foreign owners just as a new downtown is built along it.
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
One&Only Private Homes are the brand's owned-residence format, and this is the first such community in Saudi Arabia. That first-in-market position is the substantive fact here, and it is worth separating from the marketing around it: what it means practically is that there is no comparable One&Only residential product in the Kingdom to price against, and no local resale history for the format.
The setting is a Public Investment Fund project. Jeddah Central is rebuilding 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, with roughly 17,000 homes and about 2,700 hotel rooms. A 45,000-seat FIFA-specification stadium, an opera house with three auditoriums, an oceanarium and a Heatherwick Studio museum are under construction alongside.
Three parties, three roles. The Jeddah Central Development Company is the PIF-owned master developer. Midad is the developer on this scheme and the party your sale agreement would name. Kerzner International is the operator and brand owner: it runs the resort and licenses One&Only, and it does not build the asset or carry the construction obligation.
If you are choosing between this and Atlantis Jeddah, the distinction is density and register. Atlantis is scale and entertainment, with the waterpark, the aquarium and more than 20 food and nightlife venues. One&Only is quieter and lower density, built around a residential enclave with seven restaurants and a wellness centre. Same waterfront, same joint venture, different proposition.
Questions & answers
One&Only Jeddah is the first One&Only resort in Saudi Arabia, planned for the Jeddah Central waterfront with guest rooms, suites and villas plus the brand's first Private Homes community in the Kingdom. 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.
Private Homes is One&Only's owned-residence format, where buyers own a home within the resort and can use its services and facilities. Jeddah is the brand's first Private Homes community in Saudi Arabia, so there is no comparable One&Only residential product in the Kingdom to price against.
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 One&Only Jeddah Private Homes, and no sales-launch date has been announced.
The home count has not been published, nor has the typology split or size range. The Private Homes community is confirmed; its scale is not.
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.
No opening date has been published for the resort or a handover date for the Private Homes. Phase one of the wider Jeddah Central masterplan, about 45% of the development, is targeted for the end of 2027.
They come from the same joint venture and sit on the same waterfront, but they are different propositions. One&Only is lower density and quieter, built around a Private Homes enclave with seven specialty restaurants and the Club One wellness centre. Atlantis is larger and more animated, at 800 rooms and suites with an Aquaventure waterpark, the Lost Chambers Aquarium and more than 20 dining and nightlife venues.
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.
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Due diligence
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.
We prepare the current documentation for this development and send it to you as a single file.
Request the dossierEligibility, title, ongoing costs and the considerations. What overseas buyers should understand before reserving.
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Availability, documentation, ownership structure and unit selection, considered together, so the decision is made with the full view, not a brochure.
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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