Apartment with 200 sqm in Marina Waterfront Residences

Property Code A1644

Ras El Hekma, North Coast, Egypt

Price 39,753,000 EGP

Growth rateAnnual growth rate +20%

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Apartment

Size: 200 m²
Beds: 3
Baths: 5
Finished: Yes

Reference no.: A1644
Price starts from: 39,753,000 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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Payment plans

Original plan 1,180,167 EGP / quarterly 1,987,650 EGP down payment 8 years Details

Total price: 39,753,000 EGP
down payment: 1,987,650 EGP
Total installments: 37,765,350 EGP

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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	39,753,000	35,778,000
2027	47,704,000	42,933,000
2028	57,244,000	51,520,000
2029	68,693,000	61,824,000
2030	82,432,000	74,189,000
2031	98,918,000	89,026,000
2032	118,702,000	106,832,000

Rental income

Monthly

—EGP

Rental yield

—

Resale value

After delivery

68,693,000EGP

Estimated profit

28,940,000EGP

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%

This project's index is a score out of 100 from 5 factors — each with the weight and score above.

Where do these numbers come from? A unit takes its project's index: the project's figures in the dashboard and its unit prices; any figure left empty takes the area's.

The index is updated monthly from sales, offers and market data on Shary.

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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 200 sqm, 3 bedrooms and 5 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…