Village Smeralda Bay North Coast 2026 Prices · Cleopatra Developments

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About Smeralda Bay Village North Coast 2026

Smeralda Bay is a flagship Cleopatra Developments project on the North Coast, located in Sidi Heneish at km 247 on the Alexandria-Matrouh road.

The name Smeralda means "emerald" in Italian, reflecting the turquoise sea colour of the area. Smeralda Bay is also known by its short name S-Bay.

Smeralda Bay is now SOLD OUT with the developer. Cleopatra Developments primary inventory has cleared per PropertyFinder and Nawy signals (May 2026). The resale market is the only buying channel today. Resale prices start from 6,200,000 Egyptian pounds for entry chalets and reach 25,000,000 Egyptian pounds for direct-seafront villas.

Delivery is scheduled for July 2026 (Q3) — only a few months away. Full finishing makes the units ready for residency or summer rental immediately at handover, which is precisely what pushes resale prices higher.

The unique advantage of Smeralda Bay North Coast: a beach extending across 250 acres with crystal turquoise waters. Sidi Heneish is among the most popular North Coast areas for vacationers.

The typical S-Bay buyer today is searching for a ready-to-move summer chalet on a premium beach via the resale market, or an investor targeting short summer rentals without waiting for new project deliveries.

The positioning of Village Smeralda Bay Cleopatra Developments differs from New Alamein villages. Smeralda Bay offers a "classic beach village" model with Cleopatra quality.

Smeralda Bay Location in Sidi Heneish

Smeralda Bay sits in Sidi Heneish on the North Coast, at km 247 on the Alexandria-Matrouh road. Approximate coordinates: 31.0850°N, 28.1500°E.

The strategic location places Smeralda Bay with direct Mediterranean Sea frontage in one of the coast\'s most premium areas.

• Long direct beachfront on the Mediterranean Sea.
• Km 247 on the Alexandria-Matrouh road.
• Near Fouka Bay and the premium coast village chain.
• 1 hour from Alexandria.
• 1.5 hours from Marsa Matrouh.
• 3-3.5 hours from Cairo.
• Direct access to the international coastal road.

This positioning combines a premium beachfront with proximity to the upscale North Coast villages.

For more from the developer, see Cleopatra Developments, or browse alternative beachfront options in North Coast villages.

Smeralda Bay Design & Project Imagery

The architectural design of Smeralda Bay combines Mediterranean character with modern beach architecture. The philosophy: chalets and villas on direct beachfront with low building density.

The fundamental design difference at Smeralda Bay North Coast: a tier from the beach — standalone villas on direct frontage, chalets in the middle, and smaller units behind.

Finishing comes Fully Finished for every unit. This means a ready unit for handover and summer rental immediately at the July 2026 delivery — a core lever that lifts resale values.

The Compound Smeralda Bay Sidi Heneish brochure highlights the private beach, swimming pools, and the seafront clubhouse.

Smeralda Bay Unit Sizes & Types

Smeralda Bay offers a varied beach unit mix:

• Smaller chalets: 82-110 m².
• Mid chalets: 110-160 m².
• Larger chalets: 160-232 m².
• Standalone villas: larger sizes on the seafront.
• Twin houses: an option for families wanting more space.

The distribution leans toward chalets (most rented for vacationers), with limited villas on direct frontage. The beach character defines the project.

Smeralda Bay Prices in 2026

Smeralda Bay resale prices start from 6,200,000 Egyptian pounds for the smallest chalets (82-110 m²). Mid 110-160 m² chalets sit between 8,000,000 and 12,000,000 Egyptian pounds in the secondary market.

Higher-tier prices for 160-232 m² larger chalets exceed 15,000,000 Egyptian pounds. Standalone villas on direct frontage reach 25,000,000 Egyptian pounds in resale, depending on view and footprint.

Smeralda Bay secondary-market pricing is shaped by four factors: unit size, beach proximity (distance from shore), view type, and the original installment stage with Cleopatra (Equity paid vs Outstanding balance).

For comparison: Mazarine Islands from 9,770,000 Egyptian pounds, Latin City from 5,000,000 Egyptian pounds. Smeralda Bay sits in the mid-premium tier with an immediate Ready-to-Move advantage.

For the latest secondary-market list, contact the CompoundGate team.

Smeralda Bay Reservation & Payment Plans

The original Cleopatra Developments plans at Smeralda Bay (10% down / 6 years, 15% / 8 years, 30% / 10 years, or cash at 25% discount) closed as primary inventory cleared. Buying today happens only through the secondary resale market.

Resale at Smeralda Bay Sidi Heneish takes two forms: a full cash purchase, or a Contract Assignment where the new buyer pays the original holder the Equity value and continues the remaining installments directly with Cleopatra.

The practical math on a 6,200,000-Egyptian-pound resale unit: the new buyer pays the seller the Equity amount (what was paid plus seller margin), then receives the contract and continues the remaining installments with Cleopatra until the July 2026 handover.

The secondary-market benefit: full finishing and near-term delivery remove the risk of fresh-project delays. The summer 2026 season is ready for handover.

Contract assignment is completed at Cleopatra Developments offices with seller and new-buyer signatures and a transfer fee (typically 1-2% of contract value). Guarantee cheques transfer into the new buyer name.

Real-estate Investment in Smeralda Bay 2026

Investing in Smeralda Bay via the secondary market is driven by three engines. The first: full finishing and near-term July 2026 delivery means the first summer season is ready for rental with no multi-year wait.

The second engine: the Cleopatra Developments brand record on the coast. Smeralda Bay inherits the company\'s reputation.

The third engine: the Sidi Heneish location near Fouka Bay and the premium coastal villages. This location ensures high summer rental demand.

Smeralda Bay rental yield is estimated at 14-20% per summer season for chalets, giving annual yield 7-10% after seasonality adjustments.

Risks: seasonality means units stay vacant part of the year. Mitigation: Sidi Heneish is used by vacationers across an extended season (March-November) versus more remote villages.

Smeralda Bay Services & Amenities

Village Smeralda Bay Sidi Heneish offers full beach amenities:

• Private beach extending on the Mediterranean Sea.
• Seafront clubhouse.
• Multiple swimming pools (adults and children).
• Commercial zone with shops, restaurants, cafés.
• Seafront restaurants with direct views.
• Spa and wellness centres.
• Tennis and padel courts, football field.
• BBQ areas.
• Safe children\'s play area.
• Pedestrian paths along the beach.
• Mosque, pharmacy, medical clinics.
• 24/7 security.

Smeralda Bay Features

• Long direct beachfront on the Mediterranean.
• Developed by Cleopatra Developments with a long track record.
• 250-acre footprint with low building density.
• Fully Finished for immediate handover.
• Location in Sidi Heneish at km 247.
• Unit diversity: chalets, villas, twin houses.
• July 2026 delivery — ready for the summer season.
• 14-20% summer rental yield per season.
• Active resale market (developer inventory SOLD OUT) with structured contract-assignment mechanics.
• Proximity to Fouka Bay and the premium coast villages.
• Resale prices from 6,200,000 EGP — competitive for ready-to-move direct beachfront.

Smeralda Bay — Things to Consider

Rental seasonality: Sidi Heneish is far from university cities, making rental seasonal (mainly June-September). Mitigation: 14-20% summer rental yield per season justifies the investment, and proximity to Fouka Bay supports an extended rental season.

Resale price dispersion: the absence of a developer rate card (inventory SOLD OUT) means resale prices at Smeralda Bay vary across brokers.

Mitigation: compare at least three offers for the same unit class and verify the actual Equity paid plus remaining installment schedule with Cleopatra before signing any contract-assignment paperwork.

Cleopatra & Other Projects

Cleopatra Developments is one of the long-established Egyptian property firms, known for diverse projects in Cairo and the North Coast.

The Cleopatra Developments portfolio includes Cleopatra Square in 6 October, Cleopatra Palace in El Shorouk, and Cleo East in New Cairo. This geographic diversity gives the company a wide track record.

On the North Coast, Smeralda Bay (S-Bay) is the company\'s flagship project. The premium location in Sidi Heneish reflects Cleopatra\'s site-selection strategy.

Cleopatra\'s institutional advantage as an Egyptian property firm is accumulated local-market expertise and understanding of Egyptian vacationer needs.

For a tailored quote on current Smeralda Bay prices, the inquiry form connects directly with the CompoundGate team. Browse more North Coast villages or explore other Cleopatra projects.

Edited and verified by the CompoundGate Editorial Team. Last updated: May 18, 2026.