Anyone who has driven the Alexandria–Marsa Matrouh road knows how quickly the scenery along kilometer 173 has changed over the past few years, and The Waterway North Coast is one of the developments behind that shift. Built by Waterway Developments, the project sits in the El-Dabaa area and is being positioned as a full lifestyle destination rather than just another gated community by the sea.
Overview of The Waterway North Coast
What stands out about The Waterway North Coast is the balance it strikes between scale and intimacy. The development spans roughly 124 acres, yet the master plan leaves plenty of room for open space, walkable streets, and a private beachfront that stretches for about 540 meters. It is the kind of project that appeals equally to families looking for a summer home and investors tracking where the North Coast market is heading next.
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Location of The Waterway North Coast
Location is often the first thing buyers ask about on the North Coast, and this is where The Waterway North Coast makes a strong case for itself. Sitting at kilometer 173 of the Alexandria–Marsa Matrouh road, the project occupies a stretch of coastline that is close enough to reach easily, yet far enough from the busier resorts to keep a sense of privacy.
Nearby Landmarks to The Waterway North Coast
A few reference points help put the location into perspective:
- New Alamein City is roughly 20 minutes away, giving residents quick access to one of Egypt’s fastest-growing urban centers.
- El Alamein International Airport is about 1.5 hours from the project, useful for owners traveling in from other governorates.
- Borg El Arab Airport in Alexandria is around an hour’s drive, which keeps the development within reach of the city for weekend trips.
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Design of The Waterway North Coast
The master plan behind The Waterway North Coast reads more like a small town than a typical compound. Rather than clustering buildings tightly along the beach, the design spreads residential zones, retail areas, and recreational spaces across the 124-acre site, with pedestrian-friendly streets and landscaped green corridors connecting everything together. Eco-conscious touches run through the layout, from planted walkways to the way the buildings are oriented to make the most of sea views without overcrowding the shoreline.
The 540-meter private beach sits at the heart of the plan, acting as the anchor that the rest of the community is built around. Beyond the beach itself, the layout mixes housing with clubhouses, dining areas, and leisure zones, so residents are rarely more than a short walk from something to do.
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Area of The Waterway North Coast
The Waterway North Coast offers a fairly wide range of unit sizes, which makes it flexible for different household sizes and budgets. Buyers can choose from chalets, townhouses, twin houses, and villas, and every unit is delivered fully finished with contemporary interiors and quality materials, so there is no need to budget separately for finishing work after handover.
Unit Types and Spaces at The Waterway North Coast
- Chalets: from 77 m² to 120 m², available with either garden or sea views.
- Townhouses and Twin Houses: from 160 m² to 250 m², each with a private entrance, a spacious terrace, and a private garden.
- Villas: from 300 m² to 490 m², offering larger living spaces, higher-end finishes, and views over the sea or the surrounding landscaping.
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Services of The Waterway North Coast
Amenities are where a coastal project either delivers on its promise or falls short, and The Waterway North Coast has clearly been designed with day-to-day living in mind rather than just the sales brochure. The facilities cover recreation, wellness, dining, and security, aiming to keep residents from needing to leave the community for much of anything during their stay.
- Direct access to a private sandy beach with clear water.
- Multiple swimming pools, including infinity-edge designs.
- Beach and main clubhouses for social and recreational use.
- A wellness center with spa, gym, and relaxation facilities.
- Retail outlets, cafes, and restaurants along the promenade.
- A full-service marina for yachts and boating.
- Tennis and basketball courts, along with dedicated sports academies.
- 24/7 security, gated access, and concierge services.
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Prices of The Waterway North Coast
Pricing at The Waterway North Coast varies depending on unit type and size, but the entry point remains accessible relative to other beachfront projects in the same stretch of coastline. Based on the latest available figures, indicative starting prices are as follows:
- Chalet (77 m²): starting from EGP 3,500,000.
- Townhouse (160 m²): starting from EGP 6,000,000.
- Villa (300 m²): starting from EGP 10,500,000.
Payment Plan of The Waterway North Coast
Waterway Developments has kept the payment terms flexible enough to suit both end-users and investors. Down payments start from 5% to 10% of the unit price, with installment plans extending up to 7 years. Delivery is expected to begin from 2025 onwards, and maintenance fees are set at approximately 8% of the unit value.
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Investment Opportunity at The Waterway North Coast
For buyers weighing this project purely as an investment, a few factors work in its favor. The location along one of the more sought-after parts of the North Coast keeps demand steady, particularly for vacation rentals during the summer season. The scale and quality of the amenities also support strong rental yields, since tenants tend to pay a premium for direct beach access and a full range of on-site facilities.
Capital appreciation is another point worth considering. As New Alamein City continues to grow and infrastructure along the coast improves, properties in nearby developments like The Waterway North Coast are likely to see their value rise over the coming years. Add to that the reputation of the developer, and the project holds up as a reasonably solid long-term option.
About Developer Waterway Developments
Waterway Developments has built a name for itself in the Egyptian real estate market through a string of well-received residential projects. The company’s focus has consistently been on combining quality construction with a livable, community-oriented layout, rather than chasing size for its own sake. That approach carries through into The Waterway North Coast, which reflects the same attention to master planning and finishing standards seen in the developer’s earlier work.
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Previous Projects by Waterway Developments
Before The Waterway North Coast, Waterway Developments delivered two other notable projects that helped establish its reputation: The Waterway New Cairo and The Waterway 6th October. Both developments followed a similar philosophy of blending residential comfort with strong amenities, and their track record gives buyers a reasonable basis for confidence in how The Waterway North Coast will ultimately come together.

