License No.:CN-1100434 | Brokerage No.:202100982107
Commercial Registration No 105300600191786
Smart solutions for Real Estate brokerage
Tax card : 697262103
As Egypt’s North Coast becomes the focus of global attention, one name is at the forefront of its transformation — Modon Holding. Backed by Abu Dhabi’s powerful ADQ (Abu Dhabi Developmental Holding Company), Modon Holding is taking on one of the most ambitious real estate projects in the region: the development of Ras El Hekma into a world-class coastal city. Let’s dive into who Modon Holding is, and why their presence in Egypt is a game-changer for investors, developers, and future residents alike. Who Is Modon Holding? Modon Holding is a UAE-based development powerhouse with a reputation for executing large-scale, government-backed urban projects. Headquartered in Abu Dhabi, the company is known for planning, building, and managing integrated communities that prioritize sustainability, smart technology, and modern infrastructure. Quick Facts: - Backed by ADQ, one of the UAE's largest sovereign wealth funds - Specializes in urban planning, infrastructure, tourism, and residential development - Known for projects like Hudayriyat Leisure District, Riyadh City South, and Jubail Island in the UAE Their proven track record in the Gulf makes Modon Holding a strong fit for Egypt’s growing ambitions. Ras El Hekma: Egypt’s Coastal Masterpiece In February 2024, the Egyptian government signed a historic deal appointing Modon Holding as the master developer of Ras El Hekma, a 170 million square meter stretch of pristine coastline west of Alexandria. This deal, valued at over $35 billion, aims to build one of the largest urban developments on the Mediterranean. Project Highlights: - Phase 1 spans 50 million sqm of residential, commercial, and tourism zones - Total project expected to host over 2 million people - Features include a marina, international airport, green corridors, luxury resorts, and business hubs - Estimated to contribute $25 billion annually to Egypt’s GDP by 2045 - Will create over 750,000 job opportunities The project aims to place Ras El Hekma among the likes of Dubai, Athens, and Nice in terms of lifestyle and global tourism appeal. Strategic Partnerships Behind the Vision Modon Holding isn’t working alone. They've partnered with a powerful lineup of regional and global companies to ensure the successful delivery of Ras El Hekma. Key Partners: - Orascom Construction – executing infrastructure and residential phases - Elsewedy Industrial Development – building a 10 million sqm industrial zone - Abu Dhabi Airports – designing a new international airport - Accor, Montage, Burjeel, Valderrama – providing hospitality, wellness, and golf facilities - e& Egypt (formerly Etisalat) – delivering smart city and digital infrastructure These partnerships signal serious international commitment to Egypt’s urban evolution. What This Means for Egypt’s Real Estate Market For Egypt, Ras El Hekma isn’t just a new city — it’s a symbol of global collaboration and forward-thinking urbanism. The project supports Egypt Vision 2030 and offers new opportunities for: - Real estate investment on the North Coast - High-end tourism and second homes - Commercial and industrial growth - New job creation and economic diversity This makes Ras El Hekma an ideal choice for early investors seeking long-term gains. Why Elbayt.com Recommends Watching Modon Holding Closely As Ras El Hekma progresses, Elbayt.com will continue to track and list upcoming properties, investment opportunities, and market updates. With Modon Holding leading the way, buyers and investors can expect: - Smartly planned communities - Premium beachfront homes - High ROI potential - Reliable infrastructure and timely delivery Whether you’re exploring new living spaces or scouting investment-worthy projects, Modon Holding’s Ras El Hekma should be on your radar. With deep pockets, strong partnerships, and global experience, Modon Holding is not just developing land — it’s redefining the future of Egypt’s coastline. Stay tuned to Elbayt.com for the latest property insights from Ras El Hekma and other landmark Egyptian destinations.
Modon Ras El Hekma is located in Ras El Hekma, North Coast. The developer of Modon Ras El Hekma is Modon Holding.
The completion date for Modon Ras El Hekma 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