3 Bed Penthouse For Sale in Hacienda Ras El Hekma, North Coast (Sahel)

Hacienda Ras El Hekma is one of Palm Hills Developments' ambitious coastal landmarks to date. It is a gated, city-scale resort destination rising along what is widely considered one of the finest beaches on the Mediterranean. It is also called Disney Bay.

Spanning over 1,400 feddans and anchored by 4.8 kilometres of pristine shoreline at Kilo 238 of the International Coastal Road, this is not simply a summer resort. It is an entirely self-sustained community designed to set a new global standard for coastal living in Egypt.

The project is the result of a landmark collaboration between Palm Hills Developments and UAE-based Miran Hills, merging more than 25 years of local expertise with international luxury development excellence. 

With 86% of the total area dedicated to green spaces, water features, and crystal lagoons, and a masterplan crafted by world-renowned architects OBMI, Hacienda Ras El Hekma North Coast redefines what it means to invest in the Egyptian coastline.

Paragon Adeer is one of the newest members in the real estate industry internationally and in the Egyptian real estate market. The company, which was established in 2026, is a joint venture between two of the very well-known names, Paragon and Adeer International (a subsidiary of Sumou Holding).

This successful partnership resulted in a one-of-a-kind mixed-use project, Sumou Boulevard in Mostakbal City. The rising company, partnered with Midar, the owning company of Mostakbal City, to invest 250,000 SQM into this mega project. 

Thanks to the extensive expertise of both companies, and the different backgrounds of both, it was a fruitful step towards more futuristic projects. Also, bringing the Saudi expertise of Adeer International to the Egyptian energy of Paragon Developments is expected to result in more milestones and mega projects. 

Ras El Hekma is one of the magnificent North Coast areas that has been attracting both Egyptian vacationers and tourists lately.

The area is very well-known for its pristine beaches, white sands, lavish resorts, and perfect climate. In February 2024, an important $35 billion investment deal was signed by the Egyptian and Emirati governments.

This development project was beneficial for the Egyptian side in many dimensions. Firstly, it has pumped currency into the Egyptian economy (in the foreign direct investment (FDI) sector), which helped the country overcome its economic crisis (then).

Situated on the Mediterranean Sea coastline, North Coast, Egypt, is one of the favorite vacation destinations during summer. It is famous for its pristine beaches, distinctive amenities, luxurious resorts, vibrant nightlife, and boundless leisure activities.

El Sahel stretches from Alexandria to Marsa Matrouh. This Mediterranean Eden is a one-of-a-kind escapade from the city, where vacationers can unwind, relax, and revive their bodies and minds. 

North Coast in Egypt is well-known for its elite resorts with a broad array of beach houses and high-end amenities, which ensure the visitors and homeowners’ utmost hassle-free coastal experience.