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Owana Ras El Hekma

Code P-2466

Ras El Hekma, North Coast, Egypt

Developer price
2,280,000 EGP
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Payment plans in Owana Ras El Hekma

  • Main plan

    5% down payment

    8 years

  • Extended plan

    10% down payment

    10 years

  • Long plan

    15% down payment

    9 years

Units

3 results available

Investment insights

Price growth (EGP million)

  • After delivery
  • Market price
Expected price by year (EGP)
YearAfter deliveryMarket price
20262,280,0002,326,000
20272,736,0002,791,000
20283,283,0003,349,000
20293,940,0004,019,000
20304,728,0004,822,000
20315,673,0005,787,000
20326,808,0006,944,000

Resale value

After delivery

3,940,000EGP

Estimated profit

1,660,000EGP

  • Growth rate +20%
  • Demand index 92

Shary Index analysis

Last updated November 2026
Market score Expected growth —

Price per meter range 78,600 – 90,000 EGP/m²

  • 44
    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

68 20%

Services and facilities

16 20%

Other phases

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Amenities

  • Pet-Friendly Areas
  • Barbecue Area
  • Clubhouse
  • Balcony or Terrace
  • Landscaped Garden
  • Wi-Fi Connectivity –
  • 24/7 Security
  • Swimming Pool
  • Elevators

Nearby places

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About Owana Ras El Hekma

Owana Ras El Hekma offers a distinctive coastal experience on Egypt’s North Coast, combining a prime beachfront location with a variety of units designed to suit individuals and families. Located directly on the first row of the beach, the Owana Project gives buyers the opportunity to own a coastal property in Ras El Hekma and enjoy the area's beautiful seaside atmosphere during summer holidays.

The experience is complemented by a selection of studios, chalets, and penthouses, along with recreational facilities and flexible payment plans extending up to 10 years. With different unit sizes and payment options, Owana Resort offers choices for buyers seeking a summer getaway or considering a real estate investment on the North Coast.

Where Exactly Is Owana Ras El Hekma Located?

Owana is located at kilometer 206 of the International Coastal Road in Ras El Hekma on Egypt’s North Coast. The project occupies a first-row beachfront location, providing direct proximity to the sea and access through major roads connecting Ras El Hekma with Cairo and other North Coast destinations.

Key Landmarks and Destinations Near the Owana Project

The location of the Owana Project provides access to several major destinations and tourist attractions along the North Coast, including:

  • Fouka Road: A major route connecting Cairo with the North Coast.
  • El Alamein International Airport: Serving travelers visiting the surrounding coastal destinations.
  • New Alamein City: A developing destination featuring residential, tourism, and service projects.
  • D.O.S.S. North Coast: A coastal development in the broader North Coast region.
  • SouthMED North Coast: A major coastal destination in the Ras El Hekma area.
  • Marsa Matrouh: A coastal city accessible via the International Coastal Road.

Located at kilometer 206, Owana offers buyers the opportunity to own a holiday home near the sea while remaining connected to other North Coast destinations. Views within the project vary according to each unit's location and design.

The Design of the Owana Project

The Owana Project combines contemporary architectural designs with a coastal character, incorporating landscaped surroundings and green spaces to create a relaxing environment for summer holidays. The development extends approximately 400 meters in depth, allowing for the distribution of residential units and facilities throughout the project.

The design focuses on balancing buildings with open spaces, while unit positions and views vary according to the master plan. This variety gives buyers the opportunity to select a property that suits their preferences and intended use, whether for personal holidays or family stays.

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The Area of Owana Ras El Hekma

Owana Ras El Hekma covers approximately 11 acres, equivalent to 46,200 square meters. The project includes a variety of holiday homes alongside service and recreational facilities, offering different accommodation options to suit individuals and families.

Unit Types and Sizes Available at Owana Resort

Owana Resort offers a range of holiday units, including studios, chalets, and penthouses in different sizes. The available unit types and areas include:

  • Studios: Ranging from 28.5 to 40 square meters.
  • One-Bedroom Chalets: Ranging from 50 to 60 square meters.
  • Two-Bedroom Chalets: Available in sizes of 82 and 85 square meters.
  • Three-Bedroom Chalets: Available in sizes of 105 and 127 square meters.
  • Two-Bedroom Penthouses: Starting from 108 square meters.
  • Three-Bedroom Penthouses: Starting from 145 square meters.

This variety allows buyers to choose a unit that matches their needs, whether they are looking for a compact holiday home or a more spacious property for family stays near the sea.

Owana Ras El Hekma Prices in 2026 and Payment Plans

Prices at Owana Ras El Hekma vary according to unit type and size, with starting prices from EGP 2,280,000. The available starting prices are as follows:

  • Studios: Starting from EGP 2,280,000, with areas ranging from 28.5 to 40 square meters.
  • One-Bedroom Chalets: Starting from EGP 4,000,000, with areas ranging from 50 to 60 square meters.
  • Two-Bedroom Chalets: Starting from EGP 6,800,000, with areas of 82 and 85 square meters.
  • Three-Bedroom Chalets: Starting from EGP 9,450,000, with areas of 105 and 127 square meters.
  • Two-Bedroom Penthouses: Starting from 108 square meters.
  • Three-Bedroom Penthouses: Starting from 145 square meters.

The price per square meter also varies by floor. It is EGP 80,000 on the first floor and EGP 90,000 on both the ground and second floors.

Payment and Installment Plans at the Owana Project

The Owana Project offers three payment plans, with down payments starting at 5% and installment periods extending up to 10 years.

  • Plan One: A 5% down payment, an additional 5% payment after two years, and the remaining balance paid over 8 years.
  • Plan Two: A 10% down payment, an additional 10% payment after two years, and the remaining balance paid over 10 years.
  • Plan Three: A 15% down payment, with the remaining balance paid over 9 years.

These options allow buyers to compare different payment structures and select a plan that suits their financial circumstances.

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Facilities and Services Available at Owana Ras El Hekma

Owana Ras El Hekma includes a selection of facilities and services designed to support relaxation, recreation, and convenience during summer stays. These include:

  • Swimming Pools: The project features 7 swimming pools, providing residents and visitors with several options for enjoying water activities during their stay.
  • Clubhouse: The clubhouse offers a space for social gatherings and spending time with family and friends.
  • Mosque: A mosque within the project serves residents and visitors, providing a place for daily prayers.
  • Shaded Walking Paths: Shaded pathways allow residents to walk around the development and enjoy the coastal atmosphere.
  • Commercial Area: The commercial area provides access to a range of retail activities and services that help meet residents’ daily needs.

Together, these facilities contribute to a coastal environment that combines recreational activities with everyday convenience.

Investment Benefits of Owana Resort

Owana Resort offers several features for buyers considering a property investment on the North Coast. Its beachfront location, range of unit types, and flexible payment plans provide different factors to consider when evaluating the project.

  • Variety of Unit Types and Sizes: Units start at 28.5 square meters, with options including studios, chalets, and penthouses. This variety allows buyers to choose a property that fits their budget and investment objectives.
  • Different Price Points: Prices vary according to unit type, size, and floor, allowing buyers to compare available options and select a property that suits their financial plans.
  • Flexible Payment Plans: The Owana Project offers three payment plans with different down payments and installment periods of up to 10 years, giving buyers flexibility when planning their purchase.
  • Potential for Seasonal Rentals: The project's location in Ras El Hekma may appeal to buyers considering seasonal rentals during the summer. Rental demand, operating expenses, and maintenance costs should be considered when estimating potential returns.

These features provide several points for buyers to evaluate when considering Owana Ras El Hekma for personal use or as a potential real estate investment.

The Developer of the Owana Project

Owana Ras El Hekma is associated with a collaboration between El Diwan Developments and Just Developments. The project aims to offer a coastal destination with a variety of holiday units for buyers seeking a summer residence or a property near the sea. This collaboration brings the two companies together in developing a coastal project in the Ras El Hekma area.

Previous Projects by El Diwan Developments and Just Developments

The projects associated with the two companies include residential and coastal developments, such as:

  • Villar New Alamein: A coastal development in New Alamein City.
  • Villar New Cairo: A residential compound in New Cairo.
  • Owana Ras El Hekma: A coastal development located at kilometer 206 on the North Coast.

Advantages of Owana Ras El Hekma

Owana Ras El Hekma combines a beachfront location with a variety of unit types, recreational facilities, and flexible payment plans. Its main advantages include:

  • Prime Beachfront Location: The project is located directly on the first row of the beach at kilometer 206 on the North Coast, making it suitable for buyers seeking a holiday home close to the sea.
  • Variety of Units and Sizes: The development offers studios, one-, two-, and three-bedroom chalets, as well as penthouses, giving buyers different options for personal or family use.
  • Flexible Payment Plans: The Owana Project provides three payment options, with down payments starting at 5% and installments extending up to 10 years.
  • Recreational Facilities: The project features 7 swimming pools, a clubhouse, shaded walking paths, and a commercial area, providing options for recreation and everyday convenience.
  • Project Area and Layout: The development covers approximately 11 acres and extends around 400 meters in depth, with units and facilities distributed throughout the project.

Disadvantages of Owana Ras El Hekma

The potential disadvantages of Owana Ras El Hekma depend on each buyer's needs and budget. Some buyers may find that the available unit prices or sizes do not match their plans, while others may prefer projects offering different locations or unit configurations. Comparing these factors can help buyers determine whether the development suits their preferences.

Why Is Owana Ras El Hekma the Best Choice?

Owana Ras El Hekma brings together a direct beachfront location, diverse holiday homes, recreational facilities, and flexible payment plans. These features make it an option worth considering for buyers looking to own a property on the North Coast. The range of unit sizes also allows individuals and families to explore options suited to their budgets and intended use.

With down payments starting at 5% and installment periods extending up to 10 years, the Owana Project provides several payment options for buyers to consider. Its 7 swimming pools, clubhouse, commercial area, and shaded walking paths add to the recreational experience, while its location at kilometer 206 places the development directly on the sea.

Whether you are looking for a summer getaway or exploring a potential real estate investment, Owana Resort offers a range of coastal property options to consider.

Own your holiday home at Owana Ras El Hekma and enjoy a beachfront location, diverse unit options, and flexible payment plans. Contact us today to learn more about the latest prices, available units, and booking details.

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FAQs — Owana Ras El Hekma

Who Is the Developer of Owana Ras El Hekma?

Developed jointly by El Diwan Developments and Just Developments.

What Is the Total Area of Owana Ras El Hekma?

The project spans 11 acres, or 46,200 square meters.

What Are the Unit Prices at Owana Ras El Hekma?

Prices start at EGP 2,280,000 for studios.

What Unit Types Are Available at Owana Ras El Hekma?

The project offers studios, chalets, and two- and three-bedroom penthouses.

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