Silver Walk North Coast is Ora Developers’ newest phase within its flagship Silver Sands project, and it takes a different direction from the quieter, more secluded image the North Coast is usually known for. This phase is built around the idea of a destination that stays active well beyond the typical summer daytime hours, combining a commercial promenade with a residential offering aimed at both short stays and rental investment.
Overview of Silver Walk North Coast
The phase introduces a collection of fully finished hotel apartments starting from 68 sqm, with prices beginning at 8,900,000 EGP. Payment terms are set at a 5% down payment with the remaining balance spread over 8 years, and units are handed over with a complete hotel-style finish, including air conditioning, so they’re ready to rent out or move into without further work.
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Location of Silver Walk North Coast
Ora Developers placed this phase at Kilo 222 on the Alexandria–Marsa Matrouh Road, putting it inside the Ras El Hekma area, which has become one of the more closely watched investment zones on Egypt’s north coast in recent years.
The location benefits from direct access to Cairo through the country’s newer national road network, and it keeps residents within reach of the wider events and services scene that the North Coast draws during the season, which supports steady footfall for both visitors and tenants.
Nearby Landmarks to Silver Walk North Coast
Being positioned at Kilo 222 in Ras El Hekma gives Silver Walk a close connection to several of the roads and destinations shaping the North Coast’s growth. Here’s what sits near the project:
- New Fouka Road: cuts travel time between Greater Cairo and the North Coast considerably
- Alamein International Airport: a short distance away, supporting international visitor traffic
- Sidi Heneish and Almaza Bay: two of the Mediterranean’s more established bays sit close by
- Dabaa Road: adds another route connecting the project to the regional road network
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Design of Silver Walk North Coast
The design here was split across three layers: the master plan around the lagoon, the exterior promenade, and the interior layout of the units themselves. The lagoon at the center of the phase stretches 200 meters long and 110 meters wide, with direct pathways from the units down to its sandy shoreline, so water access is built into daily life rather than being a separate amenity.
On the outside, buildings use wide glass facades and a more contemporary look that fits the promenade running beneath them, lined with cafés, restaurants, and retail space, and lit up at night to keep the area active after dark. Inside, units come with a full hotel finish, central air conditioning, and balconies or terraces facing either the lagoon or the promenade.
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Area of Silver Walk North Coast
Unit sizes were kept practical, aimed at owners who plan to rent their units out as much as those who want a place for their own use. Options run from a one-bedroom starting at 68 sqm up to a three-bedroom layout for buyers who want more space and privacy.
Unit Types at Silver Walk North Coast
- One-Bedroom Apartment: 68 sqm
- Two-Bedroom Apartment: 95 sqm
- Three-Bedroom Apartment: 134 sqm
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Services of Silver Walk North Coast
The services across Silver Walk are organized around three areas: the promenade and open-air entertainment, the water and beach facilities, and the operational side that keeps the place running for both residents and tenants.
- A waterfront promenade running around the lagoon, designed as the project’s main gathering point day and night
- A selection of restaurants and cafés with outdoor seating overlooking the water
- Boutique retail outlets covering everyday shopping needs within the project
- A wide crystal lagoon, 110 meters across, filtered for swimming and water activities
- Sandy beaches along the lagoon fitted with loungers and umbrellas
- Dedicated rental and property management services for owners who want to let out their units
- Round-the-clock security with electronic gates and surveillance cameras across the promenade and facilities
- Maintenance and cleaning teams covering the promenade, water features, and building upkeep
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Prices of Silver Walk North Coast
Prices vary by unit size, with the one-bedroom units positioned as the entry point into the project and the three-bedroom units aimed at buyers looking for a larger family-oriented space:
- One-Bedroom Apartment: starting from 8,900,000 EGP
- Two-Bedroom Apartment: starting from 13,200,000 EGP
- Three-Bedroom Apartment: starting from 22,970,000 EGP
Payment Plan of Silver Walk North Coast
The payment structure is built to keep the entry cost low relative to the unit prices. Buyers pay a 5% reservation down payment followed by a 5% contract payment, with the remaining balance split into equal installments over 8 years.
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Investment Opportunity at Silver Walk North Coast
A few points stand out for buyers looking at Silver Walk from a rental or resale angle. Units sitting directly above an active promenade tend to see stronger seasonal rental demand than standalone residential blocks, since visitors are drawn to the restaurants, cafés, and lagoon access right at the doorstep. The hotel finish also means a unit can be rented out shortly after handover without additional spending on furnishing or fit-out.
On the pricing side, one-bedroom units starting at 8,900,000 EGP keep the entry point relatively accessible for a project of this scale, and the low 5% down payment combined with an 8-year installment plan gives buyers more flexibility in managing cash flow while the unit is still under construction.
That said, it’s worth being clear about what this phase is and isn’t. The offering here is limited to hotel apartments above the promenade, so there are no standalone villas within this release, and given the project’s focus on an active, always-on atmosphere, it’s better suited to buyers looking for energy and rental turnover than to those wanting complete quiet and seclusion. The phase is also still in its early construction stage, which makes it a better fit for buyers planning ahead rather than anyone looking for a unit ready for this summer.
About Ora Developers
Ora Developers was founded under the vision of engineer Naguib Sawiris, and the company has built its name on residential, commercial, and tourism communities across both the Egyptian and international markets, including projects in Cyprus, London, and Pakistan. That international experience carries over into its Egyptian projects, where the company has built a track record across several large-scale developments.
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Previous Projects by Ora Developers
Silver Walk sits within a broader portfolio that includes several notable developments across Egypt and abroad:
- Silver Sands, North Coast
- ZED Towers, Sheikh Zayed
- ZED East, New Cairo
- Solana, New Zayed
- Pyramids Hills, October
- Ayia Napa Marina, Cyprus
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