Modon is developing Ras El Hekma, a 170.8M sqm waterfrint city. Residences with 1 to 7 bedrooms start at AED 1.3M. Investment requires a 10% down payment with flexible plans, promising 6-10% ROI. First phase handover is in 4 years.
Ras El Hekma by Modon is a $110B+ coastal megacity on Egypt’s North Coast, spanning 170.8 million sqm with 44 km of pristine beachfront and over 80% open green space. Designed to host 2M+ residents across 310,000 smart homes, it proposes apartments, townhouses, and villas sized from 110 to 450+ sqm. Strategically built 350 km from Cairo, with an international airport, marina, and cruise terminal on-site, the project shows unmatched global connectivity. With 750,000+ jobs expected and strong annual ROI potential, it ranks as one of the region’s most ambitious lifestyle and investment destinations.
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Offering a world-class waterfront lifestyle, Ras El Hekma by Modon features a massive 44 km of private Mediterranean beachfront. This luxury destination includes a 3,000-berth international marina and cruise terminal, catering to high-end tourism and providing residents with endless sea views and exclusive beach club access for ultimate relaxation.
Ras El Hekma is designed as a fully integrated smart city, featuring a Central Business District (CBD), a free economic zone, an international airport, and more than 50 hotels. This robust infrastructure, coupled with the creation of over 750,000 jobs, establishes a self-sufficient ecosystem, driving long-term capital appreciation and consistent rental demand.
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Egypt combines a large domestic market with a steadily expanding urban economy. In recent years, growth has been driven by infrastructure investment, tourism, and the development of new cities. Real estate activity is anchored in Cairo, while projects in New Administrative Capital reflect a shift toward modern, master-planned environments. Residential supply is evolving alongside demand, balancing affordability with a growing сегмент of higher-end developments
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About the Developer
Modon Properties is a large real estate development company known for its progressive, bold and vibrant projects. It is creating unique communities across Abu Dhabi that are revolutionising perceptions of life, tourism and leisure. Hudayriyat Island is being fully developed by Modon Properties, which is not only building residential projects here, but also several hundred sports and water facilities that will promote an active lifestyle.
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Completed projects
Ras El Hekma is developed by Modon Holding backed by ADQ.
Ras El Hekma by Modon is set on Egypt’s North Coast about 350 km from Cairo.
Ras El Hekma by Modon offers apartments, townhouses, and villas from 1 to 7 bedrooms.
Properties at Ras El Hekma by Modon start from AED 1.3M.
Ras El Hekma by Modon offers a 10% down payment with flexible installments over 8 years.
Ras El Hekma by Modon Phase 1 is expected within 4 years.
Ras El Hekma by Modon features beaches, marina, golf, hotels, and smart infrastructure.
Ras El Hekma by Modon offers high ROI potential (6-10%) backed by a $110B mega development.
Ras El Hekma by Modon provides luxury coastal living with full lifestyle and infrastructure.
Ras El Hekma by Modon is approximately 3 hours from Cairo.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
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