Project Overview: Sky North – North Coast

Location: KM 246 Alexandria–Matrouh Road, in the Sidi Heneish / Ras El Hekma area, between Ghazala Bay and New Alamein City.

Total Land Area: Approximately 430 feddans (~1.8 million m²).

Master Planner: Designed by WATG, a leading global architecture firm.

Sea View: Over 80% of units have direct or partial sea views.

Built-up Area: Only 13%, with the rest devoted to water features and green open spaces.

Units, Sizes & Starting Prices:

Unit Type Area (m²) Starting Price (EGP) 1-Bed Chalet~82 m²From 8,460,000

2-Bed Chalet~111–112 m²From 10,380,000

3-Bed Chalet~167 m²From 13,460,000

3-Bed Duplex~202–203 m²From 18,110,000

4-Bed Townhouse~180–192 m²From 22,290,000

4-Bed Twin House~224 m²From 34,150,000

4-Bed Standalone Villa~249 m²From 43,960,000

5-Bed Villa~326 m²From 95,710,000

6-Bed Ultra-Luxury Villa~330 m²From 148,660,000

-Prices are approximate and vary by view, floor, and finishing.

Payment Plans:

5% down payment,

5% after 3 months,

Remaining over 10 years (equal installments – interest-free).

Maintenance fee: ~8% of unit price (one-time).

Delivery Date: Estimated 2029, 4 years from contract signing (starting 2025).

Amenities & Facilities:

Private beach – 550 meters long.

Crystal lagoons & swimmable lakes – cover over 50 feddans (~210,000 m²).

5-star beach club

Boutique hotel within the resort

Retail strip & luxury mall with cafes and restaurants

Aqua Park & water activities

Sports courts: tennis, paddle, football

Wellness zone: gym, yoga deck, meditation gardens

Bike & jogging lanes

Kids’ play zones and nursery services

Medical center and full security services

Investment Scope:

Total investment: Estimated at EGP 80 billion (~$1.62 billion)

Total units planned: ~5,500 residential units

Sales target: Over EGP 240 billion (~$4.9 billion)

Sky AD is aligning this project with the Ras El Hekma mega-development initiative under the UAE–Egypt strategic partnership

Key Advantages:

Prime location in Egypt’s most in-demand coastal zone: Ras El Hekma

Ultra low density: only 13% built-up

Multiple sea and lagoon-facing units

Global-standard master planning (WATG)

Strong developer track record in Egypt: Sky AD has delivered Residence Eight (NAC) and Bluetree (New Cairo)

Long-term interest-free installment plan (up to 10 years)

Early investment advantage before massive Ras El Hekma developments spike prices

Summary:

Feature Value Location KM 246 – Sidi Heneish, Ras El Hekma Project Area 430 feddans (~1.8M m²) Delivery 2029 (est.) 

Down Payment5% + 5% after 3 months Installments Up to 10 years (interest-free)

Starting Prices From EGP 8.4M (chalets)

Sea View 80% of units Developer Sky AD Developments (Abu Dhabi Capital Group)Project Vision Luxury coastal living + lifestyle retreat