"This is a trophy asset, first and foremost. The Four Seasons name on Jeddah's Corniche. First generation of branded freehold product in the city. Sixty-four residences, near-zero competition at this specification level. The brand, the location and the Vision 2030 demand tailwind are all aligned. This is not a trade. It is a significant asset that will be worth more in ten years than it is today, in a market that is still finding its floor."
Midad Real Estate is a Jeddah-based developer established in 2003, operating at the premium end of the Kingdom's residential market. The Four Seasons Private Residences Jeddah is their flagship project. A deliberate positioning statement at the highest tier of the Saudi luxury market, executed in partnership with one of the most exacting hospitality brands in the world.
The Four Seasons relationship matters here beyond the brand name. Four Seasons imposes strict design, specification and operational standards on any developer who carries their logo. The building. Four interconnected towers framing a majestic interior terraced garden, fronting the Red Sea. Has already delivered on this standard architecturally. The residences are managed under the Four Seasons private residences programme: owners access full hotel services, housekeeping, concierge and F&B without being hotel guests.
Midad's concentration on a single flagship project of this calibre, rather than a high-volume pipeline, is consistent with the profile of a developer who has staked their reputation on delivery. That is worth something when assessing execution risk in a market as early-stage as Saudi luxury residential.
Saudi Arabia's residential market is at an early but accelerating stage of formalisation. The freehold reforms under Vision 2030 have opened the market to foreign ownership for the first time. And the ultra-premium branded residence segment has almost no comparable supply. Four Seasons Jeddah is effectively the first product of its tier in the city.
The closest comparable in the region is Four Seasons Private Residences in Riyadh. Where units have appreciated meaningfully from launch to near-completion, driven by constrained supply at the top tier and sustained demand from Saudi ultra-HNW buyers, regional family offices and Gulf-based investors seeking a Saudi footprint ahead of full market maturity.
Jeddah's position as Saudi Arabia's commercial and lifestyle capital. Home to the kingdom's largest port, primary financial institutions, and the gateway to the Grand Mosque in Makkah. Gives it a permanent demand base that Riyadh does not fully replicate. The Corniche is Jeddah's most recognisable waterfront address. Supply of freehold, branded, Red Sea-facing residences at this specification level: near zero.
Note: Saudi Arabia's luxury residential market has limited published transaction data. Comparable assessments draw on Riyadh Four Seasons launch data, regional branded residence premiums and broker-reported intelligence. Treat as directional, not precise.
Buying Four Seasons Private Residences Jeddah for income from year one is the wrong framing. Saudi Arabia's luxury rental market is nascent. The data does not yet exist to project reliable yields on this asset class in this city. Anyone quoting you a confident yield number on this project is guessing.
The investment thesis here is trophy asset and capital appreciation on a flip at or post-completion. The Four Seasons brand imposes a quality covenant on the developer for the life of the asset. Saudi branded residence supply is near zero. Founding-price entry into a first-generation luxury market is the argument — not rental income.
If yield is your primary metric, this is not the right product. If you are buying a trophy asset with a credible appreciation case on a 5–10 year horizon, this warrants serious attention.
Three compounding factors make the capital appreciation case here durable over a medium-to-long horizon.
Saudi market timing. The Kingdom's residential market has opened to foreign ownership in key zones for the first time under Vision 2030. Foreign investors are at the beginning of their discovery curve. The buyers who move first into a market-opening event with a trophy-grade product consistently capture the largest appreciation. Four Seasons Jeddah is that product.
Scarcity of branded residences on the Corniche. Jeddah's Corniche is a finite waterfront. There is no equivalent expansion land immediately adjacent. The Four Seasons building's four-tower architecture with interior garden court occupies a substantial frontage plot. There will not be another Four Seasons on this stretch. Scarcity at this address level is permanent.
Vision 2030 as structural demand driver. Saudi Arabia is targeting 100 million tourists annually by 2030, building out its entertainment, hospitality and lifestyle infrastructure at an unprecedented pace. Jeddah is one of the primary beneficiaries. As the country's commercial capital and the gateway to Makkah and Madinah, it sits at the intersection of business travel, pilgrim infrastructure and leisure development. The demand tailwind for premium real estate in Jeddah is a government policy commitment, not a market cycle.
From 1-bedroom residences at SAR 6.7M through to full-floor 6-bedroom sky mansions at SAR 52M+. Every residence carries the Four Seasons specification standard. Finishes, fixtures, layout quality and service infrastructure at the level the brand requires globally. The 5-bedroom full-floor units offer 360-degree Red Sea views; the 6-bedroom at 1,132 sqm is among the most significant private residences in Jeddah by any measure.
| Type | Area | Starting Price | Note |
|---|---|---|---|
| 1 Bedroom | 167 sqm | SAR 7M | ~$1.87M USD |
| 2 Bedroom | From 279 sqm | SAR 9M | ~$2.4M USD |
| 3 Bedroom | From 300 sqm | SAR 11M | ~$2.93M USD |
| 4 Bedroom | From 430 sqm | SAR 16–20M | ~$4.27–5.34M USD |
| 5 Bedroom. Full Floor | From 550 sqm | SAR 22M | 360° Red Sea views |
| 6 Bedroom. Sky Mansion | 1,132 sqm | SAR 52M+ | Largest in Jeddah |
Payment Plan
| Stage | When | % of Purchase Price |
|---|---|---|
| Down Payment | On signing | 35% |
| of which: deposit | At contract | 15% |
| of which: completion premium | At contract | 20% |
| Second Payment | 35% construction completion | 15% |
| Third Payment | 55% construction completion | 20% |
| Fourth Payment | 80% construction completion | 15% |
| Fifth Payment | 100% construction completion | 10% |
| Final Payment | On handover | 5% |
This is a construction-milestone payment plan. Your obligations are tied to actual build progress, not to a fixed calendar. If construction stalls, so do your payments. This is a material structural protection for the investor. It is not the norm across all off-plan product and it is one of the reasons I consider the payment terms here favourable.
All prices in Saudi Riyal (SAR). USD equivalents approximate at time of writing. Price excludes furniture and the 5% Saudi real estate transaction tax (RETT). Contact Indiana directly for full pricing schedule and floor plans.
I have direct access to the full pricing schedule, floor plans and payment plan terms. If you are considering a Saudi allocation, this is the project I would begin with. Send me a note and I will respond personally.
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