Apartment with 148 sqm in Marina Waterfront Residences

Property Code WM01-A15

Ras El Hekma, North Coast, Egypt

Price 23,500,000 EGP

Growth rateAnnual growth rate +20%

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Payment plans

Original plan 697,656 EGP / quarterly 1,175,000 EGP down payment 8 years Details

Total price: 23,500,000 EGP
down payment: 1,175,000 EGP
Total installments: 22,325,000 EGP

Apartment

Size: 148 m²
Beds: 2
Baths: 4
Finished: Yes

Reference no.: WM01-A15
Price starts from: 23,500,000 EGP
Delivery in: 2029
Sale type: From developer
Finishing: Fully Finished
Features: Prime Location
Compound: Wadi Yemm Ras El Hekma
Developer: Modon
Address: Wadi Yemm Ras El Hekma
Map: Ras El Hekma

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Investment insights

Price growth (EGP million)

After delivery
Market price

Expected price by year (EGP)
Year	After delivery	Market price
2026	23,500,000	21,150,000
2027	28,200,000	25,380,000
2028	33,840,000	30,456,000
2029	40,608,000	36,547,000
2030	48,730,000	43,857,000
2031	58,476,000	52,628,000
2032	70,171,000	63,154,000

Resale value

After delivery

40,608,000EGP

Estimated profit

17,108,000EGP

Growth rate +20%
Demand index 92

Shary Index analysis

Last updated October 2026

Market score Expected growth —

Price per meter range 121,700 – 428,600 EGP/m²

39
Shary Index

How is it calculated?

Shary Index components

Average price vs. the area

90 20%

Project price growth

24 20%

Area growth

24 20%

On-time delivery

40 20%

Services and facilities

16 20%

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Ras El Hekma, North Coast, Egypt

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Ras El Hekma, North Coast, Egypt

Apartment with 159 sqm in Yemm Beach Plaza

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Ras El Hekma, North Coast, Egypt

Apartment with 176 sqm in Yemm Beach Plaza

2 Beds
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quarterly installment790,313

Duration8 years

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Amenities

Spa and Wellness Center
Sauna and Steam Room
Restaurant and Café
Retail Shops
Waste Disposal Services
Wi-Fi Connectivity –
24/7 Security
Parking Spaces

Description

Apartment for sale in Marina Waterfront Residences with 148 sqm, 2 bedrooms and 4 bathrooms. The unit will be delivered fully finished in 2029.

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Modon

About Modon

Modon Developments entered the Egyptian market through a route different from that of most developers, as it leads the Ras El Hekma master plan across approximately 170.8 million square metres, with a first phase covering around 50 million square metres. This scale places the company in charge of developing an entire city rather than a…