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Triple Bay reaches 72% completion rate

15 May 2025

 

Triple Bay, the wellness hub of Saudi Arabia’s Amaala development, has reached a completion rate of 72%, Ben Edwards, group head of cost, commercial and procurement at Red Sea Global, told the Saudi Gigaprojects summit organised by MEED and GlobalData in Riyadh on 13 May.

The completion levels of the various properties, including hotels, a golf club and marina, at the scenic coastal development range from 64% to 88% and the race is on to reach their completion target dates, according to Edwards.

The overall plan for Amaala entails the development of 30 resorts and 1,170 residences. The project’s first phase is expected to be completed in 2027.

With the projects approaching completion, the next opportunity for partners and suppliers will be on the operations side of the assets.

Edwards also said that the Thuwal Private Retreat, a new island resort off the Red Sea coast, has been completed.

The project is Red Sea Global’s first development besides The Red Sea Project and Amaala, and is located on a 17,000 square-metre islet in a coral archipelago.

The resort will have a three-bedroom villa, three one-bedroom suites, a beach club, gym and wellness centre.

The destination will be wholly owned and operated by Red Sea Global.

On 12 May, Edwards also said that the main passenger terminal building at the Red Sea International airport catering to the Red Sea and Amaala developments is expected to become fully operational in the next few months.

Several hotels have been opened as part of the first phase of the development. According to Edwards, several other hotels are approaching completion in line with the developer’s commitment to deliver 25 hotels by 2025.

The executive said construction work was completed last year for a private island, which is now open.

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Jennifer Aguinaldo

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