License No.:CN-1100434 | Brokerage No.:202100982107
Commercial Registration No 105300600191786
Smart solutions for Real Estate brokerage
Tax card : 697262103
Egypt has embarked on a major step towards redefining its future for the Red Sea coast. In a first-of-its-kind deal, the UAE's Emaar Properties arm Emaar Misr has signed deals with City Stars and Al-Sharbatly Group to unveil the Red Sea Marassi project in Hurghada. The groundbreaking project is slated to have an investment of EGP 900 billion, one of the biggest real estate and tourist projects in the history of Egypt. A Prime Red Sea Location: The project is 2,426 feddans in size and is located just a 30-minute drive from Hurghada International Airport, making it extremely convenient for foreign tourists and residents. Its proximity positions it right at the center of the Red Sea tourism strip, further boosting Egypt's ambition to make the coast a global destination for tourism and investment. Inspired by Marassi North Coast's Success: The Red Sea Marassi development draws inspiration from the Marassi North Coast, one of Emaar’s most iconic Egyptian projects, which has quickly become a magnet for millions of visitors. With this new venture, the Red Sea region is set to experience the same success—if not exceed it—by offering an unmatched blend of luxury, lifestyle, and investment opportunities. What Makes Red Sea Marassi Unique? The master plan features are set to redefine Red Sea tourism and property: •Private seafront and marina: 1.5 km private beach, swimmable lagoons, and an international-standard marina with 400 meters of docks. •Luxury accommodation: 12 world-class hotels and Maldives-style floating cabins with Red Sea views. •Lifestyle and retail: Over 500 shops, restaurants, and cafes, providing dynamic waterfront experiences. •Integrated facilities: Schools, hospitals, a convention center, and sports complexes planned to form a self-contained community. •Tourism-first strategy: Entertainment and wellness retreats staged to draw in global tourists as well as local families. Economic and Job Creation Impact: Apart from lifestyle, the Red Sea Marassi project will be a significant economic stimulus. It is estimated to create up to 150,000–170,000 jobs during construction and another 25,000 permanent jobs once it becomes operational. These jobs will cut across construction, hospitality, retailing, logistics, and agriculture, directly benefiting Egypt's employment sector. The project will also stimulate activity around Hurghada International Airport and Safaga Port, with spillover effects in tourism and service sectors. Enhancing Investor Confidence in Egypt: This investment is a clear vote of confidence by Gulf investors, particularly Saudi Arabia, Kuwait, and Qatar, that the Egyptian real estate sector remains a secure and profitable market. The project is a response to Egypt's national strategy to secure $42 billion in foreign direct investment (FDI) this current fiscal year. By opening Red Sea Marassi, Egypt is not just adding a world-class resort to its coast but is also boosting the country's status as a regional investment and tourism center. What This Means for Property Investors? For investors and property buyers, Red Sea Marassi is a once-in-a-lifetime opportunity to be a part of an iconic coastal lifestyle supported by Emaar's international expertise. Combining luxury lifestyle, commercial potential, and integrated amenities, the development has the potential to attract high demand from local and international buyers. Whether you're searching for a resort home, rental, or long-term investment, Red Sea Marassi may become the new gold standard for real estate along Egypt's Red Sea coast.
Marassi Red Sea
Safaga | Emaar Misr
Marassi Red Sea is located in Soma Bay, Safaga. The developer of Marassi Red Sea is Emaar Misr.
The completion date for Marassi Red Sea is and the finishing for the properties are Fully Finished.
License No.:CN-1100434 | Brokerage No.:202100982107
Commercial Registration No 105300600191786
Smart solutions for Real Estate brokerage
Tax card : 697262103