Owana Ras El Hekma is a coastal village on Egypt’s North Coast, launched through a partnership between Al Diwan Real Estate Development and Just Real Estate. It sits at Km 205 in the Ras El Hekma area and offers studios, apartments and penthouses for buyers who want a summer home on the Mediterranean, or a unit they can hold as an investment.
Overview of Owana Ras El Hekma
The village covers 15 feddans, and prices start at EGP 3,200,000. Buyers can secure a unit with a 10% down payment and spread the remainder over eight years. The project is currently under construction.
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Location of Owana Ras El Hekma North Coast
The village is located at Km 205 in Ras El Hekma. Al Diwan and Just picked this spot with access in mind, since it connects to the international coastal road that runs through the North Coast. From there, drivers can reach the surrounding resorts and service areas without a long detour.
That connection matters for a holiday home. A unit is only as useful as the trip to get there, and a location on the main coastal route keeps that trip straightforward.
Nearby Landmarks to Owana Ras El Hekma
The village sits close to several known destinations on the coast, along with the main roads that link them. The most relevant ones are listed below.
- Marsa Matrouh City, which can be reached within a short drive.
- Alamein International Airport, located close to the project.
- New Alamein City, which is easy to reach from the village.
- Neighboring resorts, including Dose North Coast and South Med North Coast.
- Fuka Road, which is only a few minutes away.
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Design of Owana Ras El Hekma
The architecture follows a modern style, with clean lines and a layout planned to suit a seaside setting. The developers paid attention to engineering and architectural detail, and the units come in a range of designs so that buyers are not limited to a single layout.
Open space plays a large part in the plan. Green areas and landscaping run through the village and create calm views, which supports the quiet, private feel that most people look for in a summer retreat.
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Space of Owana Ras El Hekma
The village is built on about 15 feddans. This land is divided into residential buildings, services and shared areas according to the approved plan. The layout aims to keep units and facilities organized, which leaves room for green space and leisure areas within the site.
Unit Types at Owana Ras El Hekma
The project offers five unit types, so buyers can choose by family size and budget. The areas below are the starting sizes for each type.
- Studios start from 40 sqm.
- One-bedroom apartments start from 59 sqm.
- Two-bedroom apartments start from 80 sqm.
- Three-bedroom apartments start from 117 sqm.
- Penthouses start from 108 sqm.
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Facilities of Owana Ras El Hekma
The village is planned with services that cover daily needs as well as leisure during the holidays. Security and maintenance come first, followed by sports, retail and entertainment areas. The main facilities include:
- Round-the-clock security, surveillance cameras and organized gates.
- Swimming pools and water features.
- Gym and spa, along with health centers.
- Sports clubs and playgrounds.
- Children’s play areas and games.
- Restaurants, cafes and shopping centers for everyday needs.
- Entertainment areas for summer activities.
- Green spaces and landscaped areas.
- Car parking.
- Periodic maintenance to keep the facilities running well.
See Also: Grand Residences
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Prices of Owana Ras El Hekma
Unit prices at the village start from EGP 3,200,000. The table below sums up the main figures for the project.
| Item | Details |
| Starting price | EGP 3,200,000 |
| Down payment | 10% |
| Installment period | 8 years |
| Reservation amount | EGP 50,000 to EGP 100,000, depending on the unit type |
| Project status | Under construction |
Payment Plan of Owana Ras El Hekma
The payment plan is built around a modest upfront amount and a long repayment window. Buyers pay 10% as a contract down payment and then pay the remaining balance in installments over eight years.
To reserve a unit, the booking amount ranges from EGP 50,000 to EGP 100,000, based on the type of unit selected.
See Also : Polo Resort Porto Sokhna
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Investment Opportunity at Owana Ras El Hekma
Ras El Hekma has drawn growing tourism interest, and a holiday unit there can serve two purposes: personal use in summer and a long-term asset. Several points make the project worth a closer look:
- Location: Km 205 with access to the coastal international road.
- Unit variety: studios, apartments and penthouses allow different budgets to enter.
- Scale: 15 feddans of planned land with services and leisure areas.
- Payment terms: a 10% down payment with installments over eight years.
- Entry price: units start from EGP 3,200,000.
About Al Diwan and Just Real Estate
Owana Ras El Hekma is a joint project by Al Diwan Real Estate Development and Just Real Estate. The two companies came together to launch a tourist village aimed at buyers who want a seafront holiday unit and a flexible way to pay for it.
Their stated goal is to combine varied unit types with competitive prices, and to link the payment plan to the construction stages of the project.
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Previous Projects by Al Diwan and Just Real Estate
Al Diwan Real Estate Development and Just Real Estate are working together here on a new coastal project. Buyers who want to compare track records should ask the sales team for the companies’ earlier projects and delivery history before making a decision.
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