Developer Areas

North Coast City

About the developer

About Mabany Edris:

Established in 2002, Mabany Edris Developments is a prominent Egyptian real estate developer with over 20 years of experience. The company is renowned for its commitment to delivering high-quality residential, commercial, medical, and industrial projects across Egypt. Under the leadership of Engineer Mohamed Edris, the company has expanded its portfolio to include notable developments in various regions. 

Koun Ras El Hekma:

Koun is a premier coastal development located at km 201 on the Alexandria–Marsa Matrouh Road in Ras El Hekma, North Coast. Spanning over 447,657.5 square meters, the project comprises more than 1,500 residential units, including chalets, twin houses, townhouses, duplexes, and standalone villas. 

Unit Types & Sizes:

Chalets: Starting from 59 m²

Twin Houses: Approximately 188–300 m²

Townhouses: Approximately 150 m²

Duplexes: Approximately 120 m²

Standalone Villas: Approximately 188–224 m²

Prices:

Chalets: EGP 6.5 million – EGP 14.5 million

Twin Houses: EGP 28 million – EGP 38 million

Townhouses: EGP 26 million

Duplexes: EGP 17.9 million – EGP 19 million

Standalone Villas: EGP 15 million – EGP 36 million

Amenities:

Private Beach: Access to sandy shores

Lagoons: Crystal-clear turquoise waters

Swimming Pools: Multiple pools for residents

Sports Facilities: Football and padel courts

Commercial Area: Shops, restaurants, and cafes

Medical Center: On-site healthcare services

Clubhouse: Social and recreational facilities

Boutique Hotel: Accommodations for guests

Underground Parking: Spacious garages with separate entrances

Payment Plans:

Down Payment: Starting from 5%

Installments: Up to 10 years

The project's design emphasizes privacy and sustainability, with 70% of units offering sea views and the remaining 30% overlooking the lagoon. The elevated site, up to 34 meters above sea level, ensures panoramic vistas for all residents.  

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