Village Modon Ras El Hekma North Coast 2026 Prices · Modon Developments

Introduction to Modon Ras El Hekma Village on the North Coast

Modon Ras El Hekma is the giant master plan developed by Modon Developments across 170 square kilometres (approximately 40,000 feddans) of the Ras El Hekma shoreline on Egypt's North Coast, with a direct 44-kilometre Mediterranean beachfront.

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Village Modon Ras El Hekma is not a single resort. It is an integrated smart coastal city, containing 13 specialised coastal precincts that will be developed in sequential phases, with Wadi Yemm as the active Phase 1 already being marketed to Egyptian and Gulf buyers in 2026.

Modon Developments is the real estate arm of Modon Holding PSC, listed on the Abu Dhabi Securities Exchange under ticker MODON, and majority-owned by ADQ and the International Holding Company (IHC). It was officially appointed master developer in October 2024.

Compound Modon Ras El Hekma targets three buyer segments: the Egyptian family seeking a world-class summer home, the investor hunting a sea-front unit with strong appreciation upside, and the Gulf buyer looking for a Mediterranean coastal asset at prices lower than equivalent product in Dubai.

Prices at Modon Ras El Hekma start from 15,900,000 Egyptian pounds for residential units in the Phase 1 Wadi Yemm precinct, with only a 5 per cent down payment and up to 8 years installments on quarterly schedules, with first handovers slated for Q3 2027.

Modon Ras El Hekma Location on the North Coast

Modon Ras El Hekma sits in the heart of the Ras El Hekma district inside Matrouh Governorate, 350 kilometres northwest of Cairo and 200 kilometres west of Alexandria, almost exactly midway between Alexandria and Marsa Matrouh on the North Coast.

The location stretches 44 kilometres of direct shoreline along the Mediterranean Sea, a coastal frontage longer than the entire stretch of Miami Beach in the United States, giving Modon Ras El Hekma North Coast a unique standing as the largest planned coastal city in modern Egyptian history.

Nearby Landmarks for Modon Ras El Hekma

• 200 km west of Alexandria via the international coastal road.
• 350 km northwest of Cairo via the new Dabaa expressway.
• Close to the planned Ras El Hekma International Airport opening Q4 2026.
• Midway to Marsa Matrouh on the western corridor.
• Near New Alamein City and the Sidi Abdel Rahman zone.
• Adjacent to leading North Coast resorts such as Fouka Bay, Silversands, and Caesar.
• Within the upgraded North Coast road network, now fully widened and signposted.

Official coordinates for Modon Ras El Hekma: 31.21077 N, 27.79949 E. The embedded Google map below this page lets you measure the drive time from Cairo, Alexandria, or the Gulf to Modon Ras El Hekma directly.

Design of Modon Ras El Hekma

The master plan for Modon Ras El Hekma was designed by Broadway Malyan, one of the largest urban planning firms in the world, following a vision to deliver a smart sustainable coastal city that combines the polish of Dubai with the warmth of the Mediterranean coast.

The plan is divided into 13 specialised coastal precincts: Wadi Yemm, The Groves, Canal Beach, Central Business District South, Wadi West, West Dunes, Central Business District North, VIP Community, North Point Island, Wadi East, Central Hills, Park Islands, and Yemm Boulevard.

Each precinct inside Modon Ras El Hekma carries an independent architectural identity. Beachfront precincts face the sea directly with low-rise residences and villas, while inland precincts such as West Dunes lean on villas plus natural landscaping built into the dunes and preserved green corridors.

Built density across Modon Ras El Hekma is very low compared with traditional North Coast resorts. Construction footprint accounts for less than 15 per cent of the total 170 square kilometres, with the balance allocated to nature reserves, water bodies, public beaches, and golf courses.

Area and Spaces of Units in Modon Ras El Hekma

Modon Ras El Hekma offers a wide spectrum of residential units across its sequential phases. The first phase, Wadi Yemm, is currently marketing Smart Apartments and Beach Villas, each delivered with full smart-home automation.

Smart Apartments in Wadi Yemm range from 110 to 280 square metres, with bedroom counts from one bedroom up to four bedrooms, facing either the Mediterranean Sea or the internal pool lagoons, and each unit ships with a private terrace overlooking the coastal landscape.

Standalone Villas at Modon Ras El Hekma range from 800 to 1,270 square metres of built-up area, with bedrooms from five up to six bedrooms, plus separate maid quarters, back-of-house kitchens, private swimming pools, and direct sea views from the upper floors.

Modon Ras El Hekma Prices 2026

Prices at Modon Ras El Hekma in the Phase 1 Wadi Yemm precinct start from 15,900,000 Egyptian pounds for one-bedroom Smart Apartments of 110 square metres. The Modon Ras El Hekma North Coast pricing reflects the project's standing as the largest planned smart coastal city in Egyptian history.

Prices for three-bedroom apartments inside Modon Ras El Hekma range from 28,000,000 to 36,000,000 Egyptian pounds depending on view and floor. Beach villa prices start from 75,000,000 Egyptian pounds and exceed 180,000,000 Egyptian pounds for the larger six-bedroom front-row units.

Average price per square metre at Modon Ras El Hekma ranges between 145,000 and 220,000 Egyptian pounds per sqm for apartments, rising to 350,000 Egyptian pounds per sqm for front-row beach villas on the Mediterranean. This pricing reflects the value of the long beachfront and the smart infrastructure.

Modon Ras El Hekma prices vary across four drivers: unit type (apartment versus villa), distance from the sea (front row, second row, or interior), launch phase (early launches price 20 to 30 per cent below later launches), and specific view (direct sea, lagoon, or landscape).

For an up-to-date Modon Ras El Hekma price list, contact the CompoundGate team to receive the detailed 2026 pricing guide segmented by precinct, phase, and unit size across the entire master plan.

Installment Plan for Modon Ras El Hekma

The payment plan adopted for Modon Ras El Hekma is one of the most flexible across premium North Coast coastal projects: only a 5 per cent down payment of the unit price, with the balance installed over up to 8 years on a zero-interest schedule.

On a unit priced at 15,900,000 Egyptian pounds with a 5 per cent down, the buyer pays 795,000 Egyptian pounds at contract. The remaining 15,105,000 Egyptian pounds install across eight years on quarterly instalments of roughly 472,000 Egyptian pounds each.

This is one of the easiest payment plans available across luxury coastal resorts in Egypt today.

Modon Developments occasionally offers alternative schedules, such as a 10 per cent down payment with a discount on the total price, or an extended 10-year plan with a 15 per cent down payment. These offers vary by precinct and phase and are available to buyers through the official sales team.

Why Invest in Modon Ras El Hekma

Investing in Modon Ras El Hekma rests on five drivers that make the project a singular opportunity at the regional Middle East scale, rather than only at the Egyptian North Coast level.

First driver: Emirati-Egyptian government backing. The Ras El Hekma deal announced at USD 35 billion in February 2024 puts the project under direct support from ADQ Abu Dhabi and the Egyptian state. This significantly reduces execution and delay risk for early buyers.

Second driver: project scale. At 170 sq km and 44 km of beachfront, Modon Ras El Hekma North Coast surpasses every previous coastal scheme in Egypt, ensuring high secondary-market liquidity and an active resale market once handovers begin from 2027 onwards.

Third driver: standalone infrastructure. The plan includes its own international airport (Ras El Hekma International Airport, planned to open in Q4 2026), a yacht marina, championship golf courses, international schools, a hospital, and a complete central business district.

Fourth driver: seasonal rental yield. Sea-front Modon Ras El Hekma units overlooking the Mediterranean will command very high summer rents, especially as the tourist season extends from April through October once the airport begins commercial flights.

Fifth driver: regionally competitive pricing. Modon Ras El Hekma unit prices remain well below equivalent product in Dubai, the Croatian coast, and the Turkish Riviera, which attracts regional buyers and underpins long-term unit appreciation across the master plan.

For comparison against sister projects in the same Ras El Hekma price band, browse La Vista Ras El Hekma or Fouka Bay, or review all North Coast compounds on CompoundGate.

Services at Modon Ras El Hekma

Modon Ras El Hekma delivers a service set on the scale of an integrated city rather than a typical coastal village. This reflects the smart sustainable coastal city philosophy adopted by Modon Developments from day one of the master plan.

• Dedicated Ras El Hekma International Airport serving the master plan.
• Full-scale yacht marina with high-capacity berthing for vessels and yachts.
• Championship Golf Courses built to international tournament standards.
• Equestrian trails plus a full-scale equestrian centre on site.
• Wellness centres and spas operating at international hotel standards.
• Northern and Southern Central Business Districts for offices and corporates.
• International schools and a fully equipped hospital inside the master plan.
• Private beach extending 44 km along the Mediterranean shoreline.
• Open amphitheatre for summer-season festivals and live events.
• Rapid Transit Network linking precincts inside the master plan.
• Retail malls, boutique shops, and international food and beverage outlets.
• Beach clubs and lagoon pools distributed across the residential precincts.

Operations across Modon Ras El Hekma are handled by Modon Developments leveraging its full Emirati operating experience, ensuring maintenance and service levels comparable with Abu Dhabi projects, and avoiding the service-decline issues that plague older North Coast resorts after handover.

General Features of Modon Ras El Hekma

Headline features of Modon Ras El Hekma combine the strategic coastal location, the unprecedented master-plan scale, the Emirati-Egyptian government backing, and the world-class planning level from Broadway Malyan:

Drawbacks of Modon Ras El Hekma & The Solution

First drawback: distance from Cairo. The 350 km drive translates to a 3-4 hour road journey depending on traffic, longer than the traditional Sidi Abdel Rahman resorts at km 100-130 of the North Coast road.

Mitigation: the Ras El Hekma International Airport planned to open in Q4 2026 will cut access time to under an hour by flight from Cairo. The upgraded Dabaa expressway already trims road drive time, and a rapid rail link forms part of the project's future plans.

Second drawback: the long handover horizon. With first deliveries in Q3 2027, the buyer will not use the unit in summer 2026 or summer 2027, and may need to wait until summer 2028 to actually enjoy the new home as a holiday residence.

Mitigation: the 5 per cent down payment plus 8 years zero-interest installments make the wait highly affordable. Price appreciation during construction also offsets the non-use period, especially in the Phase 1 Wadi Yemm early launches.

About the Developer: Modon Developments & Previous Projects

Modon Developments is the real estate arm of Modon Holding PSC, listed on the Abu Dhabi Securities Exchange under ticker MODON, and majority owned by ADQ and the International Holding Company (IHC) of the United Arab Emirates.

Modon Holding was appointed master developer for Modon Ras El Hekma in October 2024 by ADQ. It is responsible for developing the entire first phase (50 sq km) and for overseeing the remaining 120 sq km in partnership with major Egyptian, Emirati, and international co-developers.

The Modon Developments portfolio includes major projects inside the United Arab Emirates such as Reem Island in Abu Dhabi, Alghadeer on the Dubai-Abu Dhabi border, and multiple residential and commercial communities along the Emirati coast.

Inside Egypt, Modon Developments is developing Phase 1 Wadi Yemm of Modon Ras El Hekma and supervising follow-on phases with named co-developers: Mountain View in a dedicated precinct, Solare, Seashore, and Fouka Bay across separately allocated zones inside the master plan.

Modon Holding's operating record inside the United Arab Emirates is particularly strong on coastal projects and on sustained service levels over the long term. This reassures the Modon Ras El Hekma investor on construction quality and operations after handover begins in 2027.

Browse the developer's other projects: All Modon Developments projects on CompoundGate. And the area master page: North Coast compounds.