Modon Holding (formerly known as Modon Properties) is a major Egyptian real estate developer, and Ras El Hekma is one of the most prominent and large-scale development zones on Egypt’s North Coast. It’s located west of Alexandria, along the Mediterranean coastline.
Key points about the project:
- Location: Ras El Hekma is situated on the North Coast of Egypt, roughly 200 km west of Alexandria, making it a prime destination for summer tourism and second-home living.
- Scale: The area is being developed as a massive integrated resort and residential destination, often cited as one of the largest urban development projects in the region.
- Master Plan: The development includes residential compounds, hotels, resort facilities, commercial areas, and entertainment venues.
- Investment: The project has been backed by significant investment, including a landmark deal with the UAE (ADQ) involving tens of billions of dollars for developing the region.
- Vision: The goal is to transform Ras El Hekma into a year-round tourism and lifestyle destination, comparable to international resort cities.
For the most current details — exact pricing, launch phases, handover timelines, or recent announcements — I’d recommend searching online, as this information changes frequently.
Recent Comments