Prices from 2,750,000 EGP / unit
Down payment 5%
12 years Installment
Prices are constantly updated. Contact us for the current price

Project details
project name H by Glee North Coast by Tharaa Developments
Prices from 2,750,000 EGP / unit
Payment systems Down payment 5% , 12 years Installment
Contact with sales 01157788125
Location

H by Glee is the hotel-apartment phase within Glee North Coast Village, a coastal development by Tharaa Developments located at kilometer 58-60 of the Alexandria-Matrouh road. The phase brings Studio, Studio Plus, and One Bedroom units to market, all delivered fully finished, air-conditioned, and furnished, which suits buyers who want a unit ready for immediate use rather than a long finishing process after handover.

Overview of H by Glee North Coast

Listed prices in this launch phase already reflect a 10% reduction tied to the project’s introductory pricing, and the developer has indicated that this rate applies for a limited period. Anyone considering H by Glee should treat the figures in this article as a starting point and confirm current availability with the sales team directly, since launch pricing on North Coast projects tends to shift once early inventory is reserved.

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Location of H by Glee

Glee North Coast Village, and H by Glee within it, sits at kilometer 58 to 60 on the Alexandria-Matrouh road, one of the more developed stretches of Egypt’s North Coast. The project carries a sea frontage of around 370 meters, which gives most of the buildings a direct or near-direct view of the Mediterranean.

Marina, one of the area’s longer-established resort destinations, is roughly a 15-minute drive away, and the location sits within reach of New Alamein City and the services continuing to grow around it. Coming from Cairo, the drive follows the Alexandria desert road corridor, placing the project within the two-to-three-hour range typical of North Coast destinations at this kilometer marker, depending on traffic and starting point.

Nearby Landmarks to H by Glee

The stretch of coastline around kilometer 58-60 has filled in considerably over the past few years, and H by Glee now sits among several other branded developments. Notable points of reference in the surrounding area include the following.

  • Alma New Alamein and Nord New Alamein, two residential projects within the same general kilometer range
  • Mazarine New Alamein, another coastal community developed along this corridor
  • New Alamein City, the planned urban center continuing to expand with commercial and entertainment districts
  • Marina, around 15 minutes away by car, for its established beach clubs and marina facilities
  • Burj Al Arab International Airport, the nearest air link for the broader North Coast region

This concentration of neighboring projects has, over time, brought more services, restaurants, and infrastructure to the area, which is worth weighing for anyone looking at H by Glee as a long-term hold rather than a seasonal property.

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Design of H by Glee

Glee North Coast Village covers approximately 50 acres, with roughly 70% of that area given over to landscaping, water features, and open space, and the remaining 30% allocated to buildings. The layout is arranged around panoramic sea views, with distances between buildings intended to give residents on lower floors a degree of privacy.

A sandy lagoon and a series of pools and water features run through the development, alongside green corridors connecting the residential clusters to the beachfront and the central services area. H by Glee’s hotel-apartment buildings sit within this overall layout as part of the wider village rather than as a separate, gated section, so residents share access to the same landscaped grounds and water features as the rest of the project.

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Area and Space of H by Glee

At the project level, Glee North Coast Village occupies approximately 50 acres, or around 210,000 square meters, along its 370-meter stretch of beach. The information available for this article did not include exact unit areas for the Studio, Studio Plus, and One Bedroom configurations offered under H by Glee specifically. Unit sizes can vary between phases of the same project, so buyers comparing H by Glee to unit sizes published for the wider Glee village should ask the sales team for the H by Glee floor plans directly rather than assuming the two match.

Unit Types and Spaces at H by Glee

H by Glee currently offers three configurations, all delivered fully finished with air conditioning and furniture included. This means buyers are not expected to budget separately for finishing work, kitchen fit-outs, or furnishing before moving in or listing the unit for rent.

  • Studio units, the entry point into the phase
  • Studio Plus units, a larger studio configuration
  • One Bedroom units, for buyers who want a separate sleeping area

Because the units are handed over ready for use, they are positioned to suit owners who plan to use the property personally during the summer season and place it with a rental operator for the rest of the year, as well as buyers who would rather avoid managing a post-handover finishing process.

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Services and Facilities of H by Glee

As part of Glee North Coast Village, H by Glee residents have access to a shared set of amenities spread across the 50-acre site. The development’s facilities include the following.

  • An international-branded hotel operating within the village, with hospitality services extending to surrounding residential units
  • A dedicated hotel-apartments component, which includes H by Glee, offering hotel-style services for longer stays
  • A clubhouse and a wellness hub with spa, jacuzzi, and sauna facilities
  • A fully equipped gym and a separate sports club area
  • An aqua park alongside a sandy lagoon and additional pools and water features
  • A commercial strip with restaurants, cafes, and retail outlets
  • 24/7 security with surveillance, secure parking, and a jogging track

The exact list of operational facilities at handover can shift between the marketing stage and delivery on projects of this scale, so it is worth asking which of these are already built or under construction versus planned for later phases.

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Prices of H by Glee North Coast

Current listed prices for H by Glee, after the 10% launch discount applied to fully finished units (finishing, air conditioning, and furniture included), are as follows.

  • Studio units start from EGP 2,750,000
  • Studio Plus units start from EGP 3,300,000
  • One Bedroom units start from EGP 4,500,000

On top of the launch discount, the developer is offering a cash payment discount of up to 50% for buyers able to pay the full amount upfront. This figure is notably higher than the cash discounts typically seen on North Coast launches, so it is worth confirming exactly how the discount is calculated and which base price it applies to before treating it as final. As with most launch-phase pricing, these figures and the accompanying discounts are described by the developer as available for a limited period, and the lowest-priced units in hotel-apartment phases tend to sell first.

Payment Plan of H by Glee North Coast

H by Glee is being offered with the following payment structure during this launch phase.

  • A down payment starting from EGP 135,000
  • Monthly installments starting from EGP 15,000
  • A payment period extending up to 12 years

A 12-year payment term is on the longer end for North Coast hotel-apartment products, where terms of five to eight years are more common, so it is worth checking whether the longer schedule applies across all unit types or only to specific units or floors. Buyers should also confirm how the down payment and monthly figures change for the larger Studio Plus and One Bedroom units, since the numbers above appear to represent entry-level figures rather than a flat rate across the phase.

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Investment Opportunity at H by Glee

H by Glee combines a few elements that tend to interest North Coast buyers focused on returns rather than personal use. The units arrive fully finished and furnished, which removes one of the larger post-handover costs affecting many off-plan purchases in this market. Their position within a village that includes an operating international-branded hotel also opens the door to structured short-term rental arrangements, since hospitality-style management is already part of the development’s design rather than something owners need to organize on their own.

The wider North Coast and New Alamein corridor has continued to attract new residential and tourism projects, which has generally supported demand for finished units in established developments. That said, this article does not have access to specific rental yield projections, occupancy figures, or resale benchmarks for H by Glee, so buyers weighing this as an income property should request that information directly from the developer or a licensed broker rather than relying on general market trends.

About Tharaa Developments

Tharaa Real Estate Development Company was established in 2019 with a stated capital of EGP 100 million, and Glee North Coast Village stands as its main project to date. The company’s chairman, Islam Hashem, also serves as CEO of Contact Construction and holds investments in Elite Hotels, Roya Contracting, and Red Sea Hotel Management, linking the company’s coastal development work to existing construction and hospitality operations rather than treating them as separate businesses.

The board also includes Sherif Badr, who brings more than three decades of experience in construction and project management, alongside Mohamed Al-Kashef. Given that Tharaa is a comparatively young developer, buyers may want to weigh this track record, concentrated so far in a single large project, against the longer histories of more established North Coast developers when making a decision.

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Previous Projects by Tharaa Developments

Glee North Coast Village is, at present, the flagship and primary project associated with the Tharaa brand, and the information available for this article does not point to a separate portfolio of completed developments under the same company name. The broader experience behind the project instead comes through its leadership’s other ventures: Contact Construction on the construction side, and Roya Contracting, Elite Hotels, and Red Sea Hotel Management on the contracting and hospitality side.

If a more detailed project history for Tharaa Developments becomes available, it can be added to this section. In the meantime, prospective buyers are encouraged to ask the developer directly about delivery timelines for any phases already under construction at Glee North Coast Village, since this is more relevant to assessing execution risk than a list of unrelated past projects.

Frequently Asked Questions

What is H by Glee?

H by Glee is a hotel-apartment phase within Glee North Coast Village by Tharaa Developments, offering fully finished and furnished units.

Where is the project located?

It is located at kilometer 58–60 on the Alexandria–Matrouh Road in the North Coast, Egypt.

What types of units are available?

The project offers Studio, Studio Plus, and One Bedroom hotel-apartment units.

Are the units fully finished?

Yes, all units are delivered fully finished, air-conditioned, and fully furnished.

What are the prices starting from?

Prices start from approximately EGP 2,750,000 for studio units.

What is the payment plan?

Down payment starts from EGP 135,000, with installments starting from EGP 15,000, and payment plans extending up to 12 years.