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Developer: Mezyan Real Estate Development (Egypt, founded 2023), building coastal developments in Egypt and abroad
Location: Km 208 on Alexandria–Marsa Matrouh Road, at the heart of Ras El Hekma’s top-tier beach shores, adjacent to Fouka Road, Dabaa Axis, and international coastal road
Total area: 63,000 sqm (~15 acres), with ~200 m sea frontage; only ~20% allocated to built-up structures to preserve green, spacious layout
Growth in three phases: Emerald (hotel apartments), Opal (chalets), Garnet (twin villas and standalone sea‑front villas)
Total units: ~300 fully finished units, from 65 to 300 sqm—types include hotel apartments, duplexes, chalets, twin houses, standalone villas
Sea‑view emphasis: All units enjoy panoramic sea views; farthest chalet is just ~200 m from shoreline—an uncommon proximity on North Coast
Construction begun: March 11, 2024
Expected handover: December 2026 (units fully finished, furnished to upscale standards)
Sigma Engineering Works serves as engineering consultant; hotel‑management partner onboarded for ongoing maintenance and quality standards
Recreation: Multiple pools (adults & children), private sandy beach, landscaped gardens, walking trails
Sports & fitness: Gym/spa, health club, outdoor gym, tennis court, football field
Convenience & retail: On‑site hypermarket, cafés/restaurants, food‑truck zone, ATM, nanny center, medical center
Access & amenities: Smart electronic entry gates, reception desks, hotel‑style serviced apartments, 24/7 security
Launch pricing: EGP 5.3–5.8 million (~$185K) for entry-level chalets (~65 sqm); prices vary by view and unit type (sea‑front higher)
Payment plans: Down payment as low as 5%, with installment terms over 8–9 years. Full unit delivery by 3-year milestone
Ultra-close sea access: Few North Coast developments offer full sea views with such proximity (max 200 m)
Balanced density & greenery: Only 20% footprint retention ensures spacious, resort‑like ambiance
Integrated living: Offers lifestyle hospitality with hotel service, efficient site services, and local management to preserve asset and standards
Competitive from launch: Attractive pricing and flexible banking terms amid rising North Coast demand