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Saudi Arabia · Jeddah · Jeddah Central

One&Only Private Homes Jeddah

The brand's first Private Homes community in Saudi Arabia.

Gurjinder Bajwa Omnia Capital Group

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Overview

One&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.

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
Check your eligibility

The residences

Interiors made for living.

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.

What is confirmed

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.

What is not

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.

One&Only or Atlantis

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.

The amenities

The resort

Guest rooms, suites and villasPrivate beach accessEvent and gathering spaces

Dining and wellness

Seven specialty dining venuesClub One wellness centre

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.

A first-in-Kingdom format

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.

A private enclave on a public waterfront

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.

Nothing released, nothing priced

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

Bought early, held for value.

Download the dossier
SAR 7.6bn
Joint venture value
About USD 2.03bn, with Atlantis Jeddah
First
One&Only Private Homes in Saudi Arabia
7
Specialty dining venues
Not published
Home 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 home 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 museumAtlantis 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.

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

What buyers ask us.

What is One&Only Jeddah?

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.

What are One&Only Private Homes?

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.

How much do One&Only Jeddah Private Homes 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 One&Only Jeddah Private Homes, and no sales-launch date has been announced.

How many Private Homes are there at One&Only Jeddah?

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.

Where is One&Only 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 One&Only Jeddah open?

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.

What is the difference between One&Only Jeddah and Atlantis Jeddah?

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.

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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Private client desk
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.

Read the guides
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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