Ras El Hekma, Egypt: The North Coast’s Next Coastal City Masterpiece

Close your eyes and imagine a Mediterranean vista where soft golden sands meet turquoise waters, a modern coastal city rising from classic charm. Welcome to Ras El Hekma, Egypt’s most ambitious waterfront vision, poised to redefine luxury living and investment along the North Coast.

In a Nutshell - What Makes Ras El Hekma Extraordinary

• A 170-million m² smart-city masterplanned by Egypt and ADQ, led by Modon Holding.
• First precinct, Wadi Yemm, already announced with luxury residences, golf, equestrian, and an amphitheatre.
• Designed for two million residents, with layered districts blending coastal elegance, Bedouin heritage, and modern infrastructure.
• Backed by over $35 billion in UAE-backed investment, making it Egypt’s largest FDI megaproject.
• Features: an international marina, airport, free-zone, cultural hubs, sports venues, and more.
• Tangible progress: flagship residential handovers (Koun) expected by 2026, while major launches like Sky North and industrial agreements are already underway.

Nestled on Egypt’s North Coast, roughly 200 km west of Alexandria, Ras El Hekma is being designed as a fully integrated, year-round coastal city. Modon Holding, appointed by ADQ in late 2024, is spearheading development of its first phase (50 million m²), with Egyptian and global partners advancing infrastructure and residential districts.

Ras El Hekma project's masterplan is bold: 11 distinctive neighborhoods, from Fig Valley and Tribal City to Wisdom Island, blending smart infrastructure, leisure hubs, and cultural heritage. The vision is to create not just a resort town, but a living, breathing Mediterranean city on par with global coastal icons.

What's Happening Now

Momentum is building quickly as of August 2025:

First handovers: The flagship Koun project by Mabany Edris is on track for 2026 delivery, bringing chalets and villas to life for the first wave of residents.

New launches: Sky North, announced in July 2025, is a landmark development valued at EGP 80 billion (~$2 billion), promising 5,500 homes alongside lagoons, clubs, and a luxury hotel.

Infrastructure progress: Gridora, a joint venture between ADQ, IHC, and Modon, is fast-tracking roads, utilities, and essential services across Ras El Hekma’s vast land.

Industrial partnerships: Modon has teamed with Elsewedy Industrial Development to build industrial zones and logistics hubs within the city, ensuring economic diversity beyond tourism and housing. This anchors Ras El Hekma as not just a resort destination but a sustainable business and employment hub.

Investor engagement: Modon continues to hold global investor roadshows and forums, drawing strong appetite from international partners across real estate, hospitality, and infrastructure.

Lifestyle Promise

What if your neighborhood included a yacht marina, equestrian club, open-air amphitheater, and world-class sports arenas? That’s the everyday lifestyle Ras El Hekma is designed to offer.

The city will blend resort-style leisure with urban convenience and will include:

• An international airport that puts 50% of the world within a four-hour flight.
• A 44-km stretch of pristine sandy beach, often described as one of the best in the Mediterranean.
• Golf courses, luxury beach clubs, and marinas for yachts of every size.
• A massive stadium and sports clubs for year-round recreation.
• Hotels from world-leading brands, alongside boutique resorts and wellness retreats.

It’s a city for all seasons: summer vibrancy, winter escapes, and everyday living rolled into one.

Residential & Masterplan Highlights

The residential mix here is vast, catering to both lifestyle buyers and global investors:

Koun by Mabany Edris – Chalets, townhouses, villas, and penthouses, with phased deliveries starting 2026.

Sky North by Sky AD – A $2 billion coastal community of 5,500 residences, lagoons, a luxury hotel, and expansive sports amenities.

Village Modon Ras El Hekma – A coastal development featuring villas and chalets, complete with mosques, schools, and retail — a model for modern North Coast living.

Branded communities – Global architects (Broadway Malyan, Aedas) and luxury interior firms are shaping iconic neighborhoods, from modern villas to ultra-luxury apartments.

This isn’t just about holiday homes — it’s about establishing Egypt’s first fully integrated smart coastal city.

Wadi Yemm – The First Coastal Precinct

Every great city begins with a neighborhood that sets the tone. In Ras El Hekma, that place is Wadi Yemm, the very first precinct to take shape. Hugging the shoreline, Wadi Yemm is designed as a lifestyle destination where Mediterranean ease meets contemporary luxury.

Here, you’ll find:

• Two championship 18-hole golf courses, placing Ras El Hekma on the global golfing map.
• An equestrian centre with world-class stables, training, and community facilities.
• A vibrant boulevard and promenade lined with cafés, retail, and entertainment.
• Luxury hotels and branded residences offering beachfront views.
• An amphitheatre inspired by ancient Rome, with space for 10,000 people — blending culture, heritage, and cutting-edge technology.
• A country club and coastal parklands, making everyday leisure part of the lifestyle.

Wadi Yemm is more than a start, it’s the promise of what Ras El Hekma will become: a city that balances luxury living, cultural experiences, and outdoor recreation in one unforgettable setting.

Strategic Impact & Economic Promise

The numbers behind Ras El Hekma are staggering — and they’re backed by action:

• $35 billion FDI, led by ADQ, with Egypt retaining 35% equity.
• An annual GDP boost of $25 billion projected once the city matures.
• 750,000 jobs to be created, from construction and hospitality to finance and technology.

What sets Ras El Hekma apart, however, is its economic diversity. Beyond housing and tourism, Modon and Elsewedy’s new industrial partnership will establish logistics, light manufacturing, and service clusters within the city. Combined with a planned Special Free Zone, these steps ensure long-term resilience, positioning Ras El Hekma as an international hub for both lifestyle and commerce.

Why Investors and Homebuyers Should Watch It

For anyone considering buying property in Egypt or investing in properties in the North Coast, Ras El Hekma represents a once-in-a-generation opportunity:

• Dual appeal: A Mediterranean coastal lifestyle paired with a globally backed economic foundation.
• Early mover advantage: With first units delivering by 2026, early buyers align with a market still in its launch phase.
• Long-term potential: A diversified city anchored by tourism, housing, industrial zones, and infrastructure — not just seasonal rentals.
• Regional connectivity: Hours away from Europe and the Gulf, with direct access via the city’s own airport.

It’s this combination of lifestyle and structural economic investment that makes Ras El Hekma stand apart from other coastal developments.

Ras El Hekma is a bold vision, already moving into reality. From its turquoise beaches and cultural venues to its smart city backbone and industrial free zones, it’s set to become Egypt’s coastal capital for the 21st century.

With Wadi Yemm as its first heartbeat and Modon at the helm, Ras El Hekma is shaping up as a city where Mediterranean beauty, luxury living, and global opportunity all converge.