In a historic step underscoring Egypt’s stature as a premier global investment destination, the Marassi Red Sea project has been unveiled as the largest integrated touristic and residential development on the Red Sea coast, with monumental investments exceeding EGP 900 billion (USD 20 billion). Born of an unprecedented Egyptian–Emirati–Saudi partnership, the project marks a transformative milestone in both luxury tourism and real estate across the region.
A Strategic Location on the Red Sea
Nestled in the scenic Soma Bay, the development spans 2,426 feddans (approximately 10 million square meters), just 30 minutes from Hurghada International Airport. This exceptional location combines seamless access to vital transport hubs with an expansive waterfront, making it the ultimate destination for luxury tourism and long-term property investment.
The Marassi Red Sea Masterplan
- 12 world-class luxury hotels.
- Thousands of exquisite residential and holiday units.
- More than 500 retail outlets and restaurants across vibrant commercial districts.
- Schools, hospitals, and healthcare centers.
- Leisure and sports facilities built to global standards.
- Three international yacht marinas, positioning Egypt as a leading yachting hub.
Exceptional Investment Returns
A project of this magnitude unlocks unparalleled investment opportunities through:
- Significant property value appreciation driven by prime location and world-class infrastructure.
- High operational returns from hotels and touristic residences.
- Boosted international tourism, generating strong demand for both short- and long-term rentals.
Economic Growth & Job Creation
The development is projected to create between 150,000 and 170,000 direct and indirect jobs, in addition to 25,000 permanent positions upon completion—contributing to the local economy and reinforcing Egypt’s sustainable development vision.
Development Timeline
- Phase One: Delivery by 2030.
- Phase Two: Completion by 2034.
- Phase Three: Final delivery by 2038.
Why Invest in Marassi Red Sea?
- USD 20 billion mega-project, ensuring financial stability and lucrative returns.
- Strategic tripartite partnership (Egypt–UAE–Saudi Arabia), a testament to investor confidence.
- Prime Red Sea location, rivaling the Caribbean and Maldives.
- Diverse units and amenities, catering to luxury tourism and high-end living.
- Full governmental support, with robust legal guarantees under the usufruct system preserving state ownership of the land.
Building on the Success of Marassi North Coast
Following the resounding success of Marassi North Coast, which has become a Mediterranean landmark attracting millions of visitors, Marassi Red Sea marks the next chapter in Emaar’s legacy in Egypt. It is poised to redefine luxury, elevate investment potential, and embody a forward-looking vision.
Marassi Red Sea is not merely a real estate project—it is a strategic investment opportunity that strengthens Egypt’s global standing while granting investors access to one of the largest and most prestigious touristic ventures in the region.
