Egypt-UAE Collaboration in Ras El Hekma Development, The New Waterfront City of Ras El-Hekma
In a historic event witnessed by Prime Minister Mostafa Madbouli, Egypt and the United Arab Emirates embarked on a transformative journey by signing an unprecedented investment agreement on February 23, 2023. The pact, inked at the New Administrative Capital, heralds the dawn of Ras Al-Hekma, a visionary urban oasis poised to redefine Egypt’s coastal landscape. With an initial pump of $35 billion in foreign direct investment (FDI) to Egypt, this collaboration addresses Egypt’s immediate economic needs while laying the groundwork for sustainable growth and development.
Nestled along the North Coast, Ras Al-Hekma’s development project will expanse over 40,600 acres embodying Egypt’s commitment to innovation and progress. Led by the collaborative efforts of the New Urban Communities Authority and the Abu Dhabi Development Holding Company, the project aims to have a vibrant urban ecosystem comprising residential districts, fancy hotels and resorts, and cutting-edge road infrastructure.
With a strategic focus on tourism, this development aims to attract 8 million visitors upon completion, supported by the establishment of a dedicated international airport for tourists. As Ras Al-Hekma emerges as a beacon of prosperity and opportunity, it epitomizes Egypt’s vision for sustainable urbanization and inclusive growth in the 21st century.
The Economic Benefits of Egypt’s Collaboration with Abu Dhabi: The Ras al-Hekma Project Perspective
Egypt’s strategy for boosting foreign currency has focused on key initiatives like natural gas exploration, expanding the Suez Canal, promoting tourism, and investing in large-scale projects such as the construction of a new administrative capital. These efforts aimed to create jobs and attract investments to the Egyptian market.
The development of Ras al-Hekma in collaboration with Abu Dhabi is one of the development plans of Egypt and reflects Egypt’s ongoing economic approach. Here are some of the benefits that will result from the Egypt – UAE Ras El Hekma Development project:
- Egypt will maintain a 35% ownership stake, including entities like the Talaat Moustafa Group
- The investment is expected to alleviate the currency crunch faced by Egypt, offering a potential solution to the challenges posed by managing substantial foreign debt and bridging the gap between official and black market exchange rates
- Ras al-Hekma’s development promises to stimulate economic growth by creating employment opportunities and attracting foreign investments, contributing to the overall prosperity of the nation
- The project aligns with Egypt’s strategic vision for sustainable urbanization and inclusive economic development, positioning Ras al-Hekma as a pivotal hub for commerce, tourism, and innovation
- Collaboration with Abu Dhabi underscores Egypt’s commitment to fostering strong relations and leveraging international partnerships to drive forward its economic agenda and infrastructure development
Here are some notable North Coast projects to explore and invest in at Ras El Hekma North Coast Egypt
1- Cali Coast Ras El Hekma, by Maven Developments
Cali Coast Ras Al Hikma emerges as a captivating tourist destination set along Egypt’s North Coast, in the prominent Ras El Hekma Bay. With a distinctive architectural vision inspired by the modern Californian style, it promises a luxurious and prominent retreat for vacationers and owners.
Maven Developments strategically selected a prime location for Cali Coast, situated at kilometer 198 on the Alexandria – Marsa Matrouh road. Spanning over 230 acres and boasting a 600-meter beachfront, the project stands 43 meters above sea level. Notably, only 13% of the total area is designated for construction, while the remaining 87% is dedicated to lush greenery and landscapes, enhancing its allure and natural charm.
Offering flexible payment plans extending up to 9 years in installments, Cali Coast Ras Elhekma sets the stage for an unparalleled coastal experience blending luxury, comfort, and scenic beauty.
2- The Med Ras El Hekma by People & Places Developments
The Med North Coast is a prestigious project by People & Places company set to redefine luxury living along Egypt’s North Coast. Situated at kilometer 195, The Med boasts a prime location accessible within 15 minutes from Al Dabaa road, 30 minutes from Sidi Abdel Rahman, and 35 minutes from Sidi Heneish, making it a convenient summer destination.
Partnering with Alchemy Architecture, People & Places company envisions The Med spanning 307 acres of pristine landscape, offering an array of amenities and unit types to cater to diverse preferences. With a breathtaking 100,000 sqm beachfront and an elevation of 49 meters, The Med promises unparalleled views and serenity.
Unit options start from 2-bedroom chalets starting at 120 sqm with a garden, priced at 13,500,000 EGP with installment plans available for up to 8 years. Experience luxury and comfort like never before at The Med North Coast.
3- Solare Ras El Hekma, Misr Italia Properties
Solare North Coast Ras El Hekma by Misr Italia Properties, where the essence of Italian living meets the tranquil shores of Ras El Hekma Bay. Experience the Sweet Art of Italian Living as you immerse yourself in the beauty and serenity that defines every aspect of this coastal destination. Conveniently located at kilometer 199 on the Alexandria – Marsa Matruh road, Solare North Coast is just a 3-hour drive from Cairo, 2 hours from Alexandria, and 40 minutes from Sidi Abdel Rahman.
Solare North Coast redefines coastal living with its premium resort blending Italian design and luxurious amenities. With a 1 km sandy beach and a beach depth of 200 meters, Solare offers a truly unique experience along Egypt’s North Coast. Spanning over 386 acres, 80% of the units provide direct water views, allowing residents to indulge in the tranquility of coastal living. Prices start from 10 million EGP with flexible payment plans available for up to 8 years. Discover the epitome of luxury and coastal elegance at Solare Ras Al Hikma North Coast.
4- Mountain View Ras El Hekma, North Coast Egypt
Mountain View North Coast is your exclusive gateway to the ideal summers inspired by the Greek Islands, no matter where you call home. Inspired by the captivating charm of Santorini, Mountain View North Coast offers a diverse community uniquely designed to embody the essence of Greek island living.
Conveniently nestled in the heart of Ras El Hikma, the resort is located 200 km from Alexandria on the Marsa Matrouh desert road. This prime location places it just 15 km from the new Fouka road, 90 km from Marina, and a scenic 3-hour drive from Cairo. Experience the allure of the Greek Isles at Mountain View North Coast.
5- La Vista Ras El Hekma North Coast Village
La Vista Bay is a premier tourist resort on the North Coast developed by La Vista Development. Spanning 310 acres, La Vista Bay offers a diverse array of services and amenities for luxury living. With its strategic location at kilometer 179 of the Alex-Matrouh Desert Road in Ras Al-Hekma, the resort is conveniently situated near Fouka Road, Caesar Sodic Village, and the new city of El Alamein.
Property options include chalets, twin houses, penthouses, and villas, boasting stunning sea views and modern designs. With prices starting at 15,300,000 EGP and delivery scheduled for 2026, La Vista Bay offers flexible payment plans for up to 7 years, making it an ideal destination for those seeking comfort, luxury, and enjoyment in one location.
6-Hacienda West Ras El Hekma by Palm Hills Developments
Hacienda West North Coast is a luxurious boutique destination nestled along the Mediterranean Sea, offering a harmonious blend of luxury, simplicity, and elegance. Conveniently located at kilometer 208 on the Alexandria – Marsa Matrouh desert road and just 65 km from Hacienda White, Hacienda West North Coast spans 137 acres of pristine landscape.
With a 400-meter beachfront and 1.5 km depth, the resort promises breathtaking views and unparalleled serenity. Choose from a variety of unit types, each offering integrated services and entertainment facilities designed to meet your desires. Prices start at 16 million EGP for 2-bedroom units, making Hacienda West the perfect destination for those seeking refined coastal living.
7- Naia Bay Ras El Hekma by Jumeirah Egypt
Naia Bay Ras El Hekma, the source of luxury and sophistication along the North Coast of Egypt, was developed by the esteemed Jumeirah Egypt. Nestled at kilometer 212 on the Alexandria – Marsa Matrouh road in the heart of Ras El Hekma, Naia Bay enjoys a prime location close to main roads, Ras El Hekma hotels, and service areas, including notable resorts like Almaza Bay and Telal.
Spanning 112 acres with a project length of 500 meters and depth of 1170 meters, Jumeirah Ras El Hekma boasts a 300-meter beachfront, with only 14.5% of the area dedicated to the footprint. Prices start at 10 million EGP with payment plans available for up to 6 years, making Naia Bay Ras El Hekma the epitome of exclusive coastal living.
8- June Ras El Hekma by Sodic Developments
June by Sodic North Coast is where you’ll discover a variety of unit types tailored to different preferences and budgets, with flexible installment plans making summer ownership hassle-free. Situated at kilometer 90 on the Alexandria-Marsa Matrouh road in the heart of Ras El-Hekma Bay, In June extends over 280 acres, boasting a 100% sandy beach and a depth ranging from 1.2km to 1.3km. The area has been meticulously designed to incorporate integrated services alongside luxurious units and lush greenery. Prices start at 12 million EGP, with installment options available for up to 6 years, ensuring accessibility and convenience for potential owners at In June North Coast.
9- Koun Ras El Hekma North Coast by Mabany Edris
Koun North Coast is a premier waterfront resort offering unparalleled views and luxurious amenities. With all properties boasting pristine water vistas and access to the finest bay in Ras El Hekma, Koun Mabany Edris ensures residents can indulge in refreshing beach activities and water sports.
The resort features various water features, including lagoons and swimming pools, alongside a bustling commercial area with retail stores and dining options. Strategically located on the 201st kilometer of the Alexandria-Marsa Matrouh Desert Road, Koun is just 45 minutes from New Alamein City and El Alamein International Airport, with easy access to prestigious destinations like Mountain View Ras El Hekma and Caesar Bay.
7- Summer North Coast Ras El Hekma, Al Ahly Sabbour
Summer Ras El Hekma, the latest offering from Al-Ahly Sabbour Development, is set to become a coastal haven along Egypt’s North Coast. Boasting a vast array of amenities and services meticulously crafted to meet the needs of Egypt’s real estate market,
Summer Ras El Hekma Village promises an unmatched level of luxury. Situated at kilometer 222 of the Alexandria-Matrouh Desert Road, spanning over 864 acres, this project benefits from a prime location with perfect geographical advantages. Catering to both customers and investors alike, Summer Ras El Hekma redefines coastal living, offering a unique opportunity to own a piece of paradise in one of the North Coast’s most distinctive developments.
With a variety of property types available, including twin houses, standalone villas, condos, townhouses, and duplexes, Summer North Coast offers elegant living spaces designed to satisfy every need. With flexible payment plans, Summer presents an ideal opportunity for those seeking luxury coastal living.
8- Lyv Caesar Ras El Hekma North Coast, Gates Developments
Situated in the prime location of Kilo 200 Ras El Hekma, Lyv spans over 206 acres, reflecting luxury summer living at its finest. Its strategic positioning allows residents to enjoy a serene escape from the hustle and bustle of everyday life, immersing themselves in nature’s beauty while relishing modern comforts.
Overseen by Inversion Company and DMA, the project development ensures meticulous attention to detail and effective execution. Services and facilities provide residents with a comfortable atmosphere and meet their needs effortlessly. The Lyv Caesar North Coast project offers innovatively designed artificial lakes and water features, along with multiple swimming pools suitable for all ages at Lyv Ras El Hekma.
Moreover, modern surveillance cameras monitor all village activities, ensuring safety and security. With a plethora of facilities and amenities, Lyv Caesar North Coast promises comfort and tranquility for vacationers.
For more details or inquiries, please don’t hesitate to contact us
Ras El Hekma Project
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