Ras El Hikma North Coast
Ras El Hikma North Coast City is considered a civilized and modern leap that was worked on by the state’s urban authorities. To add more distinction and beauty to the North Coast. It is full of many features that make it one of the best tourist destinations. It combines elegant modern designs that overlap with charming natural factors. To create a balance between all these picturesque aspects.
Table of Contents
The villages of New Ras El Hikma North Coast
Mountain View Ras El Hikma
- Project Name: Mountain View Ras El Hikma.
- Owner Company: Mountain View Developments Company.
- Project Location: Kilo 200 in Ras El Hikma North Coast.
- Project Area: 450 Acres.
- Unit Types: Chalets, Villas.
- Unit Areas: Starting from 92 square meters.
- Unit Prices: Starting from 5,750,000 EGP.
- Payment Systems: 10% down payment, and installments over 8 years.
Silver Sands North Coast
- Project Name: Silver Sands North Coast.
- Owner Company: Ora Developments.
- Project Location: Kilo 22 Ras El Hikma Bay, North Coast.
- Project Area: 486 Acres.
- Unit Types: Chalets, Twin Houses, Villas.
- Unit Areas: Starting from 155 square meters.
- Unit Prices: Starting from 6.500,000 EGP.
- Payment Systems: 5% down payment, and the rest in installments over 8 years.
Fouka Bay North Coast
- Project Name: Fouka Bay North Coast.
- Owner Company: Tatweer Misr Developments.
- Project Location: Kilo 211 at Ras El Hikma Bay.
- Project Area: 194 Acres.
- Unit Types: Hotel Apartments.
- Unit Areas: Starting from 120 square meters
- Unit Prices: Starting from 8,500,000 EGP.
- Payment Systems: Pay a 10% down payment, and installments over 7 years.
Salt North Coast Village
- Project Name: Salt Village North Coast.
- Owner Company: Tatweer Misr Developments.
- Project Location: Ras El Hikma, Kilo 185.
- Project Area: 294.5 Acres.
- Unit Types: Chalets and Villas.
- Unit Areas: Starting from 95 square meters.
- Unit Prices: Starting from 8,040,000 EGP.
- Payment Systems: 10% down payment, then 5% after 3 months, and installments of the rest over 8 years.
Cali Coast North Coast
- Project Name: Cali Coast North Coast.
- Owner: Maven Developments.
- Project Location: Ras El Hikma, 198 km Alexandria/Matrouh Road.
- Project Area: 230 acres.
- Unit Types: Villas, Chalets, Townhouses, Twin Houses.
- Unit Areas: Starting from 70 square meters.
- Unit Prices: Starting from 3,395,000 EGP.
- Payment Systems: 5% down payment, then 5% after 3 months, and installments for the rest up to 8 years.
La Vista Bay East North Coast
- Project Name: La Vista Bay East North Coast.
- Owner: La Vista Developments Company.
- Project Location: North Coast, Kilo 205, Ras El Hikma area.
- Project Area: 310 acres.
- Unit Types: Chalets, Independent Villas, Twin Houses.
- Unit Areas: Starting from 110 square meters.
- Unit Prices: 9.200,000 EGP.
- Payment Systems: 15% down payment, then installments up to 7 years.
Ras El Hikma North Coast
Ras El Hikma is one of the areas of the North Coast of Egypt. Which is administratively affiliated to Matrouh Governorate in northwestern Egypt. This area is considered one of the historical landmarks of Egypt’s western gate on the northwestern coast of the Mediterranean Sea. This area was used only as a port for ships to dock and a place for kings and presidents to rest. The region has a large number of natural reserves, archaeological sites, and bays such as Ras Al-Hikma Bay. In addition to dunes and sea capes as well as a natural environment suitable for practicing all tourism activities. Including marine activities, safaris, beach and desert activities, and others. In addition to containing a primary nucleus for tourism development. Which is represented by a huge number of tourist villages and distinguished hotels with integrated services.
New Ras El Hikma North Coast Project
Ras El Hikma area also includes many agricultural and industrial activities. Including mining activities in the desert hinterland, in addition to craft activities and small Bedouin industries. Which makes it suitable for urban and tourism development. In addition to having a strong infrastructure, and transportation networks. Most notably the international coastal road extending from the Egyptian border in Salloum to the city of Alexandria. Which allows for fast and safe movement. In light of the current economic conditions and global transformations, investors’ thinking has shifted to buying assets that preserve financial value. They have turned to investing in the real estate market which preserves money. The state has also thought of a solution to this economic crisis and has come out with an investment deal between Egypt and the UAE. Which creates opportunities for stability in the economic market in Egypt.
Details of the Egyptian-Emirati Deal in Ras El Hikma
On February 23/2024, Egypt signed an agreement with the UAE to develop the new city of Ras El Hikma, at an estimated cost of $150 billion. This new contract included investments of which about $35 billion would go to the Egyptian government within two months of the contract. $24 billion of which was used for direct liquidity. While the other $11 billion was paid as Emirati deposits in banks.
New Ras El Hikma North Coast Plan
The Ministry of Housing and Construction issued a report on the Ras El Hikma City Plan. Which included that New Ras El Hikma City will include the following:
- Multi-use buildings: The Ras El Hikma area includes many multi-use buildings and heights. At a rate of 5.4 km of the total area of the city.
- Residential units: Ras El Hikma City includes about 10,652 residential units. In addition, 50 tourist hotels, constitute about 7.3 km of the total area.
- Energy sources: The city has renewable sources of environmentally friendly energy. In addition to modern means of transportation, and generating electricity through solar energy. And analyzing seawater to thrive water resources.
- Agricultural scope: There is a large percentage of land used in agricultural reclamation. That will be used to establish urban communities aimed at tourism, mining, and agricultural manufacturing.
- Various activities: Ras El Hikma city is planned to include many activities. Including safari, fodder cultivation activities, biofuel plants, and other activities that stimulate the sustainable development movement.
New Ras El Hikma North Coast Space
Ras El Hikma City is located on a vast area of 170 million square meters, equivalent to about 40,600 acres. It was designed in a triangle so all its destinations have a direct view of the sea, as the coast is 50 square kilometers long. All resorts were implemented based on a terracing system that provides all units with a direct view of the sea.
The Infrastructure of the New Ras El Hikma Area
Ras El Hikma Bay area has a strong infrastructure of facilities, services, water and sewage networks, communications networks, etc. It also has picturesque beaches surrounded by mountainous and desert nature. The state has also provided an area of 11 million and 500 meters to establish many integrated tourist resorts on the land of Ras El Hikma, the North Coast. One of the most important recent developments in the city’s infrastructure is the establishment of a ten-lane international coastal road. In addition, a fast electric train to facilitate transportation to and from the city. Other developments that contribute to achieving comprehensive development and ideal investment.
The Goal of Building the New Ras El Hikma City
The New Ras El Hikma project is the third national project in a series of development projects across the country. Which were identified within the strategic plan for urban development 2052. These projects began with the development project in the Suez Canal area. Followed by the Golden Triangle for mining in the Eastern Desert.
As for the Northwest Coast region, it is hoped to accommodate the population density during the next 40 years. Which has been estimated at 34 million people. In addition to providing job opportunities up to 11 million jobs will be provided until 2052. New Ras El Hikma is also scheduled to include industrial areas, a major multi-use port, and a center for crafts and handicrafts. In addition to implementing an Olympic city, an integrated residential city, social housing units for youth, an industrial area for small and medium industries, and open shopping malls.
The Future of Investment in New Ras El Hikma
After announcing the development of the new Ras El Hikma City project. Many economic gains will accrue to Egypt in the future. These economic gains can be explained through the following points:
- Providing job opportunities for youth: It is planned that thousands of job opportunities will be provided for youth throughout the project development stages.
- Raising the growth rate: The project contributes to raising the growth rate by increasing production, goods, and services related to tourism projects.
- Stability of the exchange market: According to the Ras El Hikma deal, $35 billion will flow within two months. Divided into a first batch of $15 billion, and a second batch after two months of approximately $20 billion. This dollar liquidity supports Egypt in terms of foreign exchange.
- Recovery of the economic situation in Egypt: One of the advantages of the Ras El Hikma project is achieving more financial savings. Which supports health and education and contributes to the Decent Life Initiative.
- Flourishing tourism sector: The tourism sector accounts for a large percentage of Ras El Hikma. Which is represented by hotels, entertainment projects, the implementation of an international airport in the south of the city, and a financial and business district. And other sectors that aim to attract 50 million tourists. With revenues amounting to 50 billion dollars annually.
Latest News of the New City of Ras El Hikma
- Modon Holding Group has contracted with Orascom Construction to become the contractor for the preliminary works for the construction of the Ras El Hikma project.
- Ras El Hikma City was launched with investments of $110 billion in the presence of President Sisi and the Ruler of the UAE.
- Modon Holding Company and Abu Dhabi Airports have been contracted to operate the new Ras Al Hikma International Airport. Which will be one of the largest airports in the Middle East. Extending over an area of 1,785 acres.
- Contracting between Accor & Ansimore International Hotel Chains. To operate a chain of hotels and resorts within New Ras Al Hikma. By contracting with Montage to manage and operate hotels, which have huge hotel brands.
- A contract between the Spanish Valderma and Modon Holding Group to establish golf courses in Ras El Hikma. Valderma is one of the most famous golf clubs in the world and is located in southern Spain.
- The Emirati Modon Holding Group has been appointed as the main developer of the new Ras El Hikma City. With huge investments amounting to $35 billion. With Orascom Construction and Al Suwaidi partnering in developing the project.
Ras El Hikma North Coast Map
Ras El Hikma city is distinguished by its strategic and vital location on the Mediterranean coast. This charming city extends from kilometer 170 at the Dabaa area on the Northwest Coast Road. And reaches kilometer 220 in the city of Marsa Matrouh. It is administratively affiliated with the city of Marsa Matrouh. The distance between Ras El Hikma and Marsa Matrouh is about 65 kilometers.
The most important areas near New Ras Al Hikma
Ras El Hikma city is close to several important vital areas. The most prominent of which are the following:
- New Alamein City.
- New Alamein Airport.
- Borg El Arab Airport.
- Dabaa Road.
- El Alamein Road.
- International Coastal Road.
- Cairo/Alexandria Desert Road.
- Wadi Natrun.
- New Fouka Road.
- Sidi Abdel Rahman Bay.
- Petroleum Road.
- Hamra Port.
It is also located near historical and cultural areas. The most important of which are the following:
- El Alamein Military Museum.
- Marina El Alamein Museum.
- Greco-Roman City.
- Pharaoh’s Castel.
- Rommel Museum.
- Temple of Ramses II.
- Commonwealth Tombs.
- Italian and German Cemetery.
- Abu Mena Area.
- King Marriott Medical Tourism City.
The reason why Ras El Hikma was given this name
Ras El Hikma City was built during the reign of King Farouk. By his order to take a break in there whenever he wanted. He gave it this name out of faith in God’s wisdom. The heads of state inherited it after that. Until President Anwar Sadat came and made it one of the presidential headquarters. And President Hosni Mubarak inherited it from him.
Advantages of Ras El Hikma City North Coast
Ras El Hikma has many advantages that have made it an investment destination. That many Arab and foreign investors seek. These advantages are as follows:
- Ras El Hikma enjoys a vital geographical location on the western coast of Egypt. Its western and eastern parts are scattered between El Alamein and Marsa Matrouh. Plus, it has a direct view of the Mediterranean coast.
- The city has stunning natural features that are characterized by calm and relaxation. It is surrounded by natural features and a refreshing atmosphere. In addition to the moderate climate, the sea, the mountains, and the green spaces that surround it.
- Ras Al Hikma offers many integrated and diverse services. From basic to recreational services, which add more luxury and comfort in a modern style. Among the most important recreational services are surfing and diving to enjoy seeing the coral reefs.
- Ras El Hikma North Coast relies on the use of clean energy in operation. Making it a sustainable city that will preserve the environment through the latest techniques and modern technology.
Ras El Hikma North Coast Projects
The new Ras El Hikma area is crowded with many upscale tourist projects and resorts. Which are characterized by integrated services and facilities. That meets the desires and requirements of customers. The most prominent of these projects are the following:
Dose North Coast Village
- Project Name: Dose Village North Coast.
- Owner Company: Akam Al Rajhi Developments Company.
- Project Location: Ras El Hikma area North Coast.
- Project Area: 125 Acres.
- Unit Types: Chalets, Twin Houses, Hotel Apartments, Villas, Townhouses.
- Unit Areas: Starting from 68 square meters.
- Unit Prices: Starting from 5.3 million Egyptian pounds.
- Payment Systems: 5% down payment and the rest in installments over seven years.
Koun North Coast Village
- Project Name: Koun Village North Coast.
- Owner Company: Mabany Edris Development Company.
- Project Location: Kilo 201, Alexandria/Matrouh Road, Ras El Hikma area.
- Project Area: 447,657.5 square meters.
- Unit Types: Duplex, Penthouse, Chalets.
- Unit Areas: Starting from 60 square meters.
- Unit Prices: Starting from 6,500,000 EGP.
- Payment Systems: No down payment, the rest in installments up to 6 years.
Sea Shore North Coast
- Project Name: Sea Shore Village North Coast.
- Owner Company: Hyde Park Developments Company.
- Project Location: Ras El Hikma North Coast.
- Project Area: 240 Acres.
- Unit Types: Villas, Chalets, Townhouses, and Twin Houses.
- Unit Areas: Starting from 107 square meters.
- Unit Prices: Start from 16,800,000 EGP.
- Payment Systems: 5% down payment, and the rest over 8 years.
Camilla Lagoon North Coast
- Project Name: Camilla Lagoon North Coast Village.
- Owner: Al Ahly Sabbour Development Company.
- Project Location: Kilo 194 Alexandria/Matrouh Road, Ras El Hikma Bay.
- Project Area: 7000 square meters.
- Unit Types: Chalets Only.
- Unit Areas: Starting from 91 square meters.
- Unit Prices: Starting from 23,000,000 EGP.
- Payment Systems: 10% down payment and the rest in equal installments over 9 years.
Gaia North Coast Village
- Project Name: Gaia Village North Coast.
- Owner Company: Al Ahly Sabbour Development Company.
- Project Location: Kilo 188 Alexandria/Matrouh Road, Ras El Hikma Bay.
- Project Area: 300 acres.
- Unit Types: Chalets, Duplex Apartments, Twin Houses, and Villas.
- Unit Areas: Starting from 44 square meters
- Unit Prices: Starting from 8,000,000 EGP.
- Payment Systems: 8% down payment, the rest in installments over 8 years.
Naia Bay North Coast Village
- Project Name: Naia Bay North Coast.
- Owner: Jumeirah Egypt Real Estate Investment.
- Project Location: Ras El Hikma area, 212 km Alexandria/Matrouh Desert Road.
- Project Area: 112 Acres.
- Unit Types: Independent Villas, Townhouses, Twin Houses, and Chalets.
- Unit Areas: Starting from 65 square meters.
- Unit Prices: Starting from 10,000,000 EGP.
- Payment Systems: 20% down payment and the rest in equal installments lasting up to 6 years.
Direction White North Coast
- Project Name: Direction White North Coast.
- Owner Company: Arabella Group Development Company.
- Project Location: Kilo 192 Ras El Hikma.
- Project Area: 290 Acres.
- Unit Types: Chalets, Duplexes, Twin Houses, Villas.
- Unit Areas: Starting from 154 square meters
- Unit Prices: Starting from 2.1 million pounds.
- Payment Systems: 5% down payment, 10% second payment, then 10% third payment, and installments over 7 years.
Top 5 Villages in Ras El Hikma North Coast
There are many tourist villages in the Ras El Hikma area. All of these enjoy a variety of logistical services that ensure the comfort of the owners. In addition to competitive prices. Among the best 5 villages in Ras El Hikma are the following villages:
1- Azha North Coast Village
- Project Name: Azha Village North Coast.
- Owner Company: Madar Developments Company.
- Project Location: Kilo 214, Ras El Hikma Area.
- Project Area: 250 Acres.
- Unit Types: Chalets and Villas.
- Unit Areas: Starting from 70 square meters.
- Unit Prices: Starting from 13,500,000 EGP.
- Payment Systems: 5% down payment, then 5% after 3 months, and the rest over 8 years.
2- Scala Mountain View North Coast
- Project Name: Scala Mountain View North Coast.
- Owner: Mountain View Developments Company.
- Project Location: Kilo 200 on Ras El Hikma Road.
- Project Area: 450 Acres.
- Unit Types: Chalets, Villas, Townhouses, Twin Houses, Hotel Apartments.
- Unit Areas: Starting from 90 square meters.
- Unit Prices: Starting from 3,900,000 EGP.
- Payment Systems: 10% down payment, the rest in installments over 8 years without interest.
3- June Sodic North Coast
- Project Name: June Sodic North Coast.
- Owner: Sodic Developments Company.
- Project Location: Kilo 193 on Alexandria/Matrouh Road.
- Project Area: 300 Acres.
- Unit Types: Villas, Chalets, Twin Houses, Townhouses.
- Unit Areas: Starting from 278 square meters.
- Unit Prices: starting from 11,000,000 EGP.
- Payment Systems: Pay a 5% down payment and the rest over seven years.
4- Hyde Park North Ras El Hikma
- Project Name: Hyde Park North Coast.
- Owner Company: Hyde Park Developments Company.
- Project Location: Kilo 210 in Ras El Hikma.
- Project Area: 240 Acres.
- Unit Types: Chalets, Villas, Twin Houses, Townhouses.
- Unit Prices: Starting from 4,800,000 EGP.
- Payment Systems: 5% down payment, and the rest is paid in installments over 8 years.
5- El Gawhara Resort
- Project Name: El Gawhara Resort North Coast.
- Owner Company: Sakkara Developments Company.
- Project Location: Ras El Hikma at kilometer 205.
- Project Area: 100 acres.
- Unit Types: Chalets, Villas, Duplexes.
- Unit Areas: Starting from 80 square meters.
- Unit Prices: Starting from 600,000 EGP.
- Payment Systems: Installments over 5 years.
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