Prices from 6,337,300 EGP / unit
Down payment 0%
10 Years Installment
Prices are constantly updated. Contact us for the current price

Project details
project name The Gray Laguna Ras El Hekma by People & Places 2026
Prices from 6,337,300 EGP / unit
Units space 81 م2
Payment systems Down payment 0% , 10 Years Installment
Contact with sales 01157788125
Location Ras El Hekma, North Coast

The Gray Laguna is the follow-up to The Gray Beach Residences, a project that sold out its first phase and set the tone for what People & Places wanted to build next. This time, the focus shifts to a fully serviced residential concept wrapped around an 11,000 sqm turquoise lagoon, developed in partnership with hospitality name Campbell Gray.

Overview of The Gray Laguna

The idea behind the project is fairly specific: bring the feel of a resort into a residential setting, with homes that are fully finished, fully furnished, and managed with the same level of service you’d expect from a boutique hotel.

Loft units, apartments, ground floor homes, and villas are all arranged around the water, with a couple of details making their debut here for the developer, including outdoor kitchenettes and double-height lofts.

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Location of The Gray Laguna

The Gray Laguna in Ras El Hekma is built directly on the water, with its villas, lofts, and residences arranged in U-shaped clusters around the lagoon rather than set back from it. That layout means most units open onto the lagoon or sit within easy reach of it, which is really the defining feature of the location rather than any single landmark nearby.

 

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Design of The Gray Laguna

The design brief here was to bring colour back into coastal architecture, and it shows in the choice of palette and pattern across the homes a deliberate move away from the neutral tones that dominate a lot of North Coast developments.

Homes are grouped in U-shaped zones around the lagoon, a layout chosen to maximize water frontage while still giving each cluster a sense of its own identity.

On the numbers, the project keeps a low building footprint: only 16% of the land is built up, with the remaining 84% given over to landscaping, water features, and open space that ratio is part of what allows the lagoon, gardens, and promenades to feel as expansive as they do throughout the community.

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Area and Space of The Gray Laguna

Unit sizes vary fairly widely depending on the type chosen, from standard apartments through to full villas, giving buyers room to pick based on both budget and how much space they want directly on the lagoon.

Unit Types and Spaces at The Gray Laguna

The available configurations break down as follows:

  • Loft units: BUA from 197 sqm to 230 sqm
  • Apartments: BUA from 125 sqm to 172 sqm
  • Ground floor units: BUA from 127 sqm to 182 sqm
  • Villas: BUA from 147 sqm to 236 sqm, starting from EGP 28,266,000

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Services of The Gray Laguna

Given the hospitality partnership behind the project, the facilities list leans heavily into resort-style living rather than just the standard compound checklist. Residents have access to:

  • Landscaped gardens and lagoons with water features
  • An infinity pool alongside multiple swimming pools
  • A private beach with beach cabanas and a beach clubhouse
  • Fine dining restaurants and cafés
  • A hotel with fully serviced units
  • A gym, spa, and dedicated yoga space
  • Football courts, sports courts, and a padel court
  • Jogging lanes, bike lanes, and walking lanes
  • A pedestrian spine and promenades connecting the community
  • Retail spaces, a commercial area, and a supermarket
  • Social lounges and dedicated kids’ areas
  • Off-street parking and round-the-clock security
  • High-quality local finishing materials throughout

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Prices of The Gray Laguna

Units at The Gray Laguna start from EGP 27,198,000, reflecting the fully finished, fully furnished nature of the homes and the level of service attached to them through the Campbell Gray partnership.

Payment Plan of The Gray Laguna

The current payment structure is built around a lighter upfront commitment, spread over a longer installment period:

  • 5% down payment
  • 5% on contract signing
  • The remaining balance over 10 years

On the facilities side, maintenance is set at 10% of the unit price, while clubhouse access and parking are included at no additional cost. As with most projects, any facilities payments mentioned separately are not bundled into the base unit price.

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Investment Opportunity at The Gray Laguna

The strongest signal for buyers considering this as an investment is what happened with the first phase: The Gray Beach Residences sold out, which suggests real demand for the brand and the concept behind it. Beyond that track record, a few things support the case for buying into Laguna specifically:

  • A low 16% building footprint that keeps the community from feeling crowded
  • Direct lagoon frontage for the majority of units, rather than partial or distant water views
  • Hospitality management under Campbell Gray, which supports rental potential for owners who don’t plan to use the unit year-round
  • A payment plan with a low upfront requirement and a 10-year installment period

Together, these make a reasonable case for buyers who are looking at the North Coast both as a place to spend summers and as an asset that can generate income the rest of the year.

About Developer People & Places

People & Places describes its work as building people-focused neighbourhoods rather than standalone housing communities designed around genuine daily interaction between residents and their surroundings. The company’s stated approach centres on younger generations and the kind of lifestyle they’re looking for, which shows up in the informal, resort-like tone of both Gray projects.

Rather than treating each project as a set of units to sell, the developer frames its work around master planning full experiences, engineering environments that are meant to grow into communities over time rather than simply filling out a site plan.

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Previous Projects by People & Places

The Gray Laguna follows directly from the developer’s earlier success in the same destination:

  • The Gray Beach Residences Phase 1
Frequently Asked Questions

What is the starting price at The Gray Laguna?

The starting price is 6337300 EGP.

Where is The Gray Laguna located?

The project is located in Ras El Hekma, North Coast.

What unit types are available?

The project offers apartments, lofts, ground-floor residences, and villas.

What is the payment plan?

Buyers can pay over 10 years with 0% down payment.