Grand Residences is a coastal project at KM 43 on the Ain Sokhna–Zafarana Road, developed by Creastmark for Contracting & Real Estate Development. It is presented as the first branded residences project in Ain Sokhna, which means the units are privately owned but run with the services and management of an international hotel brand, in this case Grand Hotel.
Overview of Grand Residences Ain Sokhna
The launch phase is limited to chalets and standalone villas, starting from 90 sqm and from EGP 6.5 million. Buyers can pay 15% on contracting and spread the rest over installments that run up to 7 years, depending on the plan they pick. An expression of interest (EOI) starting at EGP 50,000 gives priority in choosing a unit, and allocation follows a first-come, first-served order.
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Location of Grand Residences Ain Sokhna
The project sits on the Ain Sokhna–Zafarana Road at kilometer 43, on the coast and about 10 minutes from Ain Sokhna Marina. The road also links it to the surrounding coastal areas and to Cairo and nearby cities, which matters for owners who plan short weekend stays as much as longer ones.
The site combines two things that don’t always go together: a quiet setting inside the project and quick access to outside services. That fits the idea of a residence that can be used through the year, not only in the summer season.
Nearby Landmarks to Grand Residences Ain Sokhna
The main reference point near the project is Ain Sokhna Marina, around 10 minutes away by car. It is where residents can find marine activities, restaurants, cafés and other services.
Ain Sokhna also has a number of other coastal projects that buyers tend to compare before deciding. Among them are:
- Kai Village: by Misr Italia Developments, with chalets and standalone villas.
- Telal Village: by Roya Developments, with chalets, townhouses, twin houses and standalone villas.
- Lugano Ras Sudr Village: by AOG Developments, with apartments, chalets, twin houses and standalone villas.
- IL Monte Galala Village: by Tatweer Misr Developments, with chalets, duplexes, townhouses, twin houses and standalone villas.
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Design of Grand Residences Ain Sokhna
The design follows the branded residences model, where the look and layout of the units are meant to suit a coastal home that is managed like a hotel. Units come in two forms, chalets and standalone villas, with interior layouts that change by type and area.
Finishing is part of the design too. All units are delivered fully finished, with air conditioning installed, using modern designs and materials chosen to hold up in a seaside climate. The details cover floors, walls, ceilings, doors and sanitary fixtures, so owners don’t need to carry out major works after handover.
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Area of Grand Residences Ain Sokhna
Unit areas start at 90 sqm and go up to 320 sqm. The smaller chalets suit people who want a practical unit that is easy to use, while the villas offer more space and privacy for families who prefer an independent house. Within each type, layouts change with the area and with the unit’s position in the project.
See Also: Owana Ras El Hekma
Spaces at Grand Residences Ain Sokhna
The project is limited to two unit types, and the announced sizes are:
- Chalets: 90, 120 and 150 sqm.
- Standalone villas: 220, 280 and 320 sqm.
Both types are managed under the same hotel-style system, so the choice mostly comes down to space, privacy and budget.
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Services of Grand Residences Ain Sokhna
The project pairs residential ownership with hotel-type services. The facilities listed so far are:
- Swimming pools for adults and children
- A clubhouse with social and recreational spaces
- A sports club for exercise and sports activities
- A kids’ area with age-appropriate activities
- Restaurants and cafés inside the project
- A spa and wellness area
Management and day-to-day operations are covered by the following services:
- A 24-hour security and guarding system
- Parking for residents and visitors
- Professional management, maintenance and cleaning
- Hotel services such as reception and concierge support
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Prices of Grand Residences Ain Sokhna
Prices depend on the unit type, its area and its location in the project. The announced starting prices are:
| Unit Type | Area (sqm) | Starting Price (EGP) |
| Chalet | 90 | 6,500,000 |
| Chalet | 120 | 8,200,000 |
| Chalet | 150 | 10,200,000 |
| Standalone Villa | 220 | 15,500,000 |
| Standalone Villa | 280 | 19,500,000 |
| Standalone Villa | 320 | 23,000,000 |
The lowest entry price is EGP 6.5 million for the 90 sqm chalet. Final prices may change by unit, so it’s best to confirm current figures with the sales team.
Payment Plan of Grand Residences Ain Sokhna
The project offers four payment plans, and the pattern is simple: the larger the down payment, the longer the installment period.
| Plan | Down Payment | Installment Period |
| First | 15% | 4 years |
| Second | 20% | 5 years |
| Third | 25% | 6 years |
| Fourth | 30% | 7 years |
As an example, a unit at the starting price of EGP 6.5 million needs a down payment of EGP 975,000 under the first plan, with the rest paid over 4 years.
The EOI, which starts at EGP 50,000, only registers interest and gives priority in selection. It isn’t a final reservation or a contract. Units are handed over fully finished within 4 years of contracting.
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Investment Opportunity at Grand Residences Ain Sokhna
A branded residence is a different proposition from an ordinary chalet. The owner gets a fully finished unit and also gets management, maintenance and hotel services, which is useful for people who won’t be on site most of the year and don’t want to handle upkeep themselves.
The location near Ain Sokhna Marina and the Zafarana Road supports use through the year, and the range of sizes lets buyers choose either a smaller chalet or a large villa. The offering is limited in this phase, so the EOI system gives early registrants a better chance to choose. Whether the unit is bought for personal use or as an investment, the price, area, payment plan and handover date should be reviewed together before committing.
About Creastmark for Contracting & Real Estate Development
Creastmark is an Egyptian company with a long background in contracting, real estate development and advanced construction technologies. It was established in March 1978 as the Egyptian Company for the Development of Construction Industry, known as Lift Slab Egypt, in partnership with a British company specializing in lift slab technology. Foreign investors held 45% at the start.
In 1991 the company became fully owned by Egyptian shareholders, and in 1999 it was listed on the Egyptian Exchange. Since then it has worked in Egypt and in several regional markets, mainly in the Gulf, covering general contracting, infrastructure, tunnels, water structures and real estate development. Its current approach blends that execution experience with residential projects.
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Previous Projects by Creastmark
Most of Creastmark’s published record comes from construction and engineering work. Its completed projects include:
- Structural works, including a metal truss project and multi-story garages in Egypt
- Water tanks in Egypt, including Khazaan Al Shuruq, Khazaan Bilqas and the Tenth District tank
- A girls’ college water tank in Jeddah, Saudi Arabia, and elevated water tanks in Kuwait
- Cement silos in Egypt and silos in Dammam, Saudi Arabia
On the real estate side, the company’s current project in Ain Sokhna is Salt More, which includes chalets, villas, a social club and a boutique hotel.
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