Water Front Marina Ras El Hekma is Modon Development’s latest project inside Wadi Yum, the wider urban zone the company is building in Ras El Hekma. Rather than sitting a few streets back from the water, the residential units here are placed directly on the marina, which is the main idea the whole project is built around: apartments, duplexes, and townhouses that open straight onto the water rather than a shared pool or a distant sea view.
Overview of Water Front Marina Ras El Hekma
Modon has positioned itself as one of the more experienced names in integrated coastal development, and Water Front Marina reflects that approach, combining residential blocks with a private yacht marina, a social club, and commercial space, all planned around efficient use of the available land. Prices start from 18,500,000 EGP, with the exact figure depending on unit type, room count, and position relative to the marina.
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Location of Water Front Marina Ras El Hekma
The project sits within Wadi Yum, in the heart of Ras El Hekma, directly on the main North Coast road connecting Alexandria and Marsa Matrouh. That position places Water Front Marina roughly midway between the two cities, which Modon has used to market the project to buyers coming from either direction rather than just those based in Alexandria or Cairo.
Nearby Landmarks to Water Front Marina Ras El Hekma
Being on the main coastal road keeps Water Front Marina within reach of most of the North Coast’s key destinations. From the project, residents and guests can expect to reach:
- New Alamein: about 30 minutes away
- Alamein International Airport: approximately 35 minutes away
- Sidi Abd El Rahman: no more than 15 minutes away
- Fouka Bay: about 10 minutes away
- The New Administrative Capital: about 3.5 hours away
- Cairo: in under approximately 3 hours
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Design of Water Front Marina Ras El Hekma
Modon’s design brief for Water Front Marina leans on a modern, fairly restrained architectural style, one that mixes simplicity with a clear sense of luxury rather than leaning on heavy ornamentation. Building placement was worked out so that each unit gets a direct view, either over the marina or across the surrounding green spaces, and the facades use high-quality materials chosen to reflect the coastal setting without compromising privacy between neighboring units.
The masterplan splits the site into residential, service, and entertainment zones arranged around the marina itself, connected by walkways and green corridors that let residents move between sectors on foot rather than needing a car for every short trip. The engineering team behind the execution has been held to standards meant to keep the finished units matching what was originally specified, down to material selection and facade detailing.
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Area of Water Front Marina Ras El Hekma
Water Front Marina spans a large plot within Wadi Yum, with the majority of that land set aside for green spaces, water features, and open walkways rather than buildings. Residential blocks make up a limited share of the total footprint, which is what allows most units to look out onto either the marina or a landscaped area instead of another building.
Unit Types at Water Front Marina Ras El Hekma
The project’s unit mix is built to cover a fairly wide range of buyers, from smaller investment-focused apartments to larger family homes directly on the water. Available unit types include:
- Residential apartments, from one to four bedrooms
- Duplex units, in three and four-bedroom layouts
- Townhouses, also available in three and four-bedroom layouts
That spread gives Water Front Marina a workable option whether the goal is a compact seasonal rental unit or a full-sized townhouse meant for regular family use.
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Services of Water Front Marina Ras El Hekma
Modon built Water Front Marina’s amenities around the idea that residents shouldn’t need to leave Wadi Yum for daily needs or entertainment. The project includes:
- A private marina for yachts and boats directly in front of the residential units
- A private beach exclusively for residents
- Multiple swimming pools, including infinity pools suited to both adults and children
- A fully integrated social and sports club with a gym and relaxation areas
- A commercial area with shops, restaurants, and cafés overlooking the marina
- A dedicated kids’ area with age-appropriate educational and entertainment activities
- Walking and jogging paths running through the green spaces
- Golf carts for movement around the wider Wadi Yum area
- A spa and wellness center
- 24/7 security with CCTV coverage across the project
- Concierge services to help with day-to-day matters
Routine maintenance and cleaning are handled across all shared facilities and units, which is meant to keep the project running at a consistent standard well after the initial handover.
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Prices of Water Front Marina Ras El Hekma
Pricing at Water Front Marina depends on unit type, room count, and position relative to the marina. Current starting prices are as follows:
| Unit Type | Layout | Starting Price (EGP) |
| Apartment | 1 Bedroom | 18,500,000 |
| Apartment | 2 Bedroom | 23,500,000 |
| Apartment | 3 Bedroom | 39,753,000 |
| Apartment | 4 Bedroom | 76,989,000 |
| Duplex | 3 Bedroom | 66,891,000 |
| Duplex | 4 Bedroom | 76,561,000 |
| Townhouse | 3 Bedroom | 83,919,000 |
| Townhouse | 4 Bedroom | 107,149,000 |
Payment Plan of Water Front Marina Ras El Hekma
Modon has structured reservation at Water Front Marina around one of the lowest down payments currently available on the North Coast, paired with an expression of interest value of 500,000 EGP that is fully refundable, giving buyers room to hold a spot before committing to a final booking.
Full installment terms, including the exact down payment percentage and number of years, will be confirmed once the project moves into its official launch phases, and the delivery date and finishing system will be announced at the same stage, in line with Modon’s other projects across Wadi Yum.
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Investment Opportunity at Water Front Marina Ras El Hekma
Water Front Marina’s investment case starts with its position directly on the water in a stretch of coast, Ras El Hekma, that has become one of the most closely watched development zones in Egypt over the past couple of years. A private marina, direct beach access, and a fully built-out social and commercial core give the project a broader appeal than compounds relying on beach access alone, which supports both rental demand and long-term resale value.
The surrounding area is filling in quickly, with neighboring projects such as Sadaf North Coast, Blue Stays North Coast, Marsa North Coast, Beit Al Bahr, and Vista Marina all developing nearby, which points to sustained investor interest in this part of the coast rather than a single isolated project.
Combined with one of the lowest entry down payments on the North Coast and a fully refundable reservation value, Water Front Marina gives buyers a relatively low-risk way to secure a unit ahead of the official launch.
About Modon Development
Modon Holding, the developer behind Water Front Marina, is a UAE-based real estate company headquartered in Abu Dhabi and serving as the real estate arm of Abu Dhabi Holding, ADQ.
The company has been listed on the Abu Dhabi Securities Exchange since December 2017 and holds a diversified investment portfolio spanning real estate, tourism, and hospitality, built on decades of experience delivering integrated cities and urban communities. In Egypt, Modon is developing the wider Ras El Hekma coastal city, one of the largest national development projects currently underway on the North Coast.
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Previous Projects by Modon Development
Water Front Marina is part of a broader run of developments Modon is executing both in Ras El Hekma and across other parts of Egypt. The company’s portfolio includes:
- Modon Ras El Hekma Project
- Lagoons Compound, New Capital
- Modon Mega Tower, New Capital
- Modon Golf Town Compound, Sixth Settlement
- Nammos North Coast
- Wadi Yum Project, Ras El Hekma
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