Where is ALAIA North Coast located?

ALAIA North Coast is located at Kilometer 89 of the Alexandria – Matrouh Road, on the southern side of the international coastal road. It is approximately 25 minutes from El Alamein International Airport and 30 to 35 minutes from New Alamein City.

Who is the developer of ALAIA North Coast?

ALAIA North Coast is developed by Gary Development, a newly established Egyptian real estate company founded as a partnership between Ahmed Tarek — known from his appearance on the Shark Tank program — and Ahmed Mohsen Afify, one of the owners of the Al Mottaheda Company. ALAIA is the company's debut project in the market.

What types of units are available at ALAIA North Coast?

The project offers fully finished one-bedroom hotel apartments only, with sizes ranging from 40 m² to 44 m². The all-hotel-apartment model runs under an integrated hotel operating system covering accommodation services, management, and rental.

What are the prices at ALAIA North Coast?

Unit prices at ALAIA North Coast start from EGP 1,250,000 for one-bedroom hotel apartments beginning at 40 m². These are launch prices for the first phase, reflecting an accessible entry point compared to other coastal projects following the same hotel-investment model.

What is the expected rental yield at ALAIA North Coast?

The project is offered with a mandatory rental program managed by the operations team, with a declared annual rental yield reaching up to 16%. This figure ranks above the typical 8% to 12% range seen in stable coastal operations, and the actual return depends on the management mechanism and real occupancy rates across the different seasons.

When will ALAIA North Coast units be delivered?

Units at ALAIA North Coast are scheduled for delivery within approximately 3 years from the date of signing the contract. Apartments are handed over fully finished and ready for hotel-style operation under the management system.

ALAIA North Coast

Location	at Kilometer 89 of the North Coast
Unit areas	Starting from 40 m²
Start Price	1,250,000 EGP
Payment Plan	15% Down Payment , 4 Years Installments
Project Type	Coastal ,
Developer	Gary Development
Unit types	Hotel units ,

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ALAIA North Coast is one of the newest launches that aims to redefine the concept of coastal investment from a different angle, not only in terms of location but also through combining an accessible entry price with an operating model focused on real returns. What distinguishes the project is that it represents the first venture by Gary Development in the market, backed by a modern investment vision targeting consistent income through managed hotel apartments — giving you the opportunity to own a unit at a competitive starting price with a declared rental yield reaching up to 16%.

ALAIA North Coast

The project is located in the North Coast at Kilometer 89, on the southern side of the road, spanning an area close to 17 acres. It comprises fully finished hotel apartments with sizes starting from 40 m², set within a low-density community that follows a simple distribution of ground + 5 floors, alongside open spaces and essential services. The project has been developed to deliver a flexible living experience that combines personal use and investment, supported by a practical design that balances privacy with operational ease, with units scheduled for handover within approximately 3 years.

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The Story Behind the ALAIA Name

The choice of the name ALAIA North Coast was not made simply to distinguish the project, but to carry a clear message from the very first moment. The name ALAIA conveys meanings of joy and ease, and these are not merely attractive words but a goal the company seeks to deliver through the design philosophy of the project itself. The idea is for you to feel that owning a unit here is not tied to complexity or heavy commitments, but rather to a simple and comfortable experience — whether you choose to spend quiet time by the sea or rely on the unit as a steady source of income, free from the burden of management and operation.

When Gary Development chose this name, the bet was on a simple and clear sentiment: that investment can offer peace of mind before any material return. That is why managed hotel apartments are at the core of the offering, allowing you to benefit from your unit without getting into exhausting operational details. The meaning of ALAIA comes alive in the lifestyle inside the project — calm in residence, organisation in management, and a yield that supports a sense of stability.

ALAIA North Coast Location

Location is no longer a complementary element for any coastal project; it has become the decisive factor on which the entire purchase decision is built, because it is what determines the value of your investment today and what it can deliver for you tomorrow. From this perspective, the location of ALAIA North Coast was chosen with clear care. The project sits at Kilometer 89 of the North Coast on the southern side of the road — an area that has gradually established itself as one of the points combining ease of access with strong potential for future growth. This specific position was not chosen at random, but because it offers an important balance between the calm sought by those wanting to spend a comfortable time away from the crowd, and being part of a coastal strip that continues to witness ongoing development in both the volume of projects and services.

Sitting on the southern side of the road gives ALAIA an additional advantage in terms of ease of entry and exit without complications, making it closer to the idea of practical living that does not depend solely on seasons but can be enjoyed with greater flexibility year-round. The project’s positioning at this point also places it within a geographical range that allows demand to rise over time, especially as a number of developers turn toward the same area — increasing the prospects for unit values to appreciate.

ALAIA North Coast Location

Key Landmarks Near ALAIA North Coast

Alexandria Desert Road: ALAIA is approximately 10 to 15 minutes away. It serves as the main route connecting the North Coast to Cairo, providing seamless access without needing to use complicated internal roads.
International Coastal Road (Alexandria – Matrouh): Just a few minutes from ALAIA, this is the main artery of movement across the North Coast and makes east–west travel between the different coastal zones direct and straightforward.
El Alamein – El Dabaa Road: Reachable within roughly 20 minutes. This is one of the modern routes that has reshaped the mobility map across the coast and significantly reduced travel times.
New Alamein City: Around 30 to 35 minutes away. As one of the fastest-growing cities on the coast, its proximity is an important factor reinforcing the location’s value over both the near and long term.
El Alamein International Airport: Approximately 25 minutes away, which is a meaningful advantage for the project as it eases access for visitors from inside and outside Egypt.
Borg El Arab International Airport: Around 1 hour and 10 minutes from ALAIA North Coast, providing an additional important option for air travel coming from Alexandria and the surrounding areas.
Old Marina Alamein: The drive takes roughly 35 to 40 minutes. It remains one of the most well-known and active coastal areas during the high season.
Sidi Abdel Rahman: Reachable in about 20 to 25 minutes. Known for its concentration of tourism and residential projects, it is one of the most vibrant points on the coast.
Ras El Hekma: Approximately 45 to 55 minutes away. It is one of the strongest future development zones on the North Coast.
New El Dabaa Axis: Around 15 to 20 minutes from ALAIA, this is a strategically important axis that has helped ease access to coastal areas and connect them more quickly and smoothly.

ALAIA North Coast Design

The design of ALAIA North Coast is not based purely on aesthetic form but on a complete philosophy aimed at redistributing space in a way that serves daily living and supports investment value at the same time. The project spans an area of around 17 acres, with a clear focus on reducing built density to roughly 20% of the total area, while dedicating the larger share to green spaces, open walkways, and water zones. This creates a sense of openness across the project despite the diversity of its uses. ALAIA also features fully hotel-style units alongside an in-project hotel concept that operates under integrated unit management, ensuring continuity of service and yield.

Architectural Design and Unit Distribution

The hotel apartments inside ALAIA have been designed to balance privacy with the smart use of space, focusing on making each unit practical for daily use — whether through room layout or how every square meter inside the unit is utilised.
A low-density urban pattern of (ground + 5 floors) has also been adopted to ensure visual comfort and reduce architectural crowding inside the project.

The Hotel and the Operating System Inside the Project

The project incorporates the concept of managed hotel apartments running within a hotel-style operating system. This means each unit is not merely a residential property but an investment asset that is operated and managed professionally, ensuring it can be utilised without requiring direct personal management from the owner.

Technology and Security Systems

Smart lighting systems for energy management
Electronic gates
Facial recognition entry systems
24-hour surveillance and security

ALAIA North Coast

Artificial Lakes and Lagoons at ALAIA North Coast

The artificial lakes and lagoons inside ALAIA North Coast have been designed as a core element shaping the project’s identity, rather than merely an aesthetic addition. The idea is built on a thoughtful distribution of water bodies through the heart of the project, so they are not confined to a single area but extend in a way that ensures a large number of units overlook them directly or partially — creating a continuous sense of openness and visual breadth across the community.

This intelligent distribution of water has been integrated with the residential blocks and green spaces to produce a scene that combines nature with urban planning. The lakes become a daily element of the living experience rather than a distant view, and the presence of the lagoons in this configuration adds a sense of calm, breaks the visual density of the buildings, and improves the quality of the environment inside the project by creating open spaces with a natural character.

ALAIA North Coast Unit Sizes

Units inside ALAIA North Coast have been designed based on a clear vision from Gary Development that leans toward hotel investment rather than traditional residential living. The all-hotel-apartment model was chosen as the core typology for the project, combined with a fully integrated hotel operating system that includes accommodation services, management, and rental — ensuring that the unit is not only used as a seasonal residence but as an investment asset that can generate value continuously without direct involvement from the owner.

This choice runs alongside the presence of a hotel inside ALAIA that supports the residence experience and delivers operational services, reinforcing the idea that the project is built to function as an integrated model combining individual ownership with hotel management at the same time — giving the unit both usage value and investment value.

One-bedroom units: sizes start from 40 m² and go up to 44 m². These units have been designed in a fully hotel-style format with smart use of internal space, providing a separate bedroom alongside a living area and integrated services within a practical layout suited to short-term stays or rental investment.

ALAIA North Coast Prices

ALAIA North Coast offers a model based on achieving a clear balance between price and the capabilities available within the project. Units have been launched at prices that count among the most attractive points of the first phase, as they reflect a real value against what is being offered in terms of location, design, and the in-project hotel operating system. The idea here is not built on the price as a number alone, but on it being a thoughtful entry point into a project rooted in long-term investment and rental yield — making the ownership decision tied to future value as much as to the current price.

One-bedroom units: available with sizes starting from 40 m², with prices starting from EGP 1,250,000.

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ALAIA North Coast Reservation and Payment Plans

Gary Development has designed the reservation and payment plan at ALAIA North Coast to be more flexible at the entry point, so that ownership is not tied to a heavy financial burden at the start. Instead, it begins with a simple reservation step that allows you to secure your unit inside an investment project that runs on hotel operations and continuous yield. The payment plan has been built to balance ease of payment with a suitable installment period, while keeping full clarity on the payment and delivery stages.

Down payment: starts from 15% of the total unit value, meaning you will pay EGP 187,000 as the initial entry amount.
Garage fee: EGP 200,000.
Installment plan: you can pay the remaining balance over up to 4 years.
Reservation deposit (EOI): you can pay EGP 50,000 as a reservation deposit, which is fully refundable.
Delivery date: within 3 years from the contract date.
Investment and yield system: a mandatory rental program with a rental yield reaching up to 16% annually.

ALAIA North Coast Services

ALAIA North Coast offers a service network designed to support the idea of integrated living inside the project. The community does not rely on the residential aspect alone, but is built around providing a comfortable daily experience that combines relaxation, easy mobility, and the availability of everything a resident needs within the project’s boundaries. Services have been distributed across ALAIA in a thoughtful way so they can be easily accessed from any point inside the community, reinforcing the idea that everything is close and available without needing to step outside.

Essential Services at ALAIA North Coast

Security and surveillance: a security system operating around the clock with electronic gates and surveillance cameras distributed across ALAIA, ensuring the highest levels of monitoring and order.
Operations management: a specialised team handling unit and daily-service management inside the community, maintaining operating quality especially given the project’s hotel system.
Routine maintenance at ALAIA North Coast: ongoing maintenance services for the infrastructure and shared facilities, ensuring continued operational efficiency without interruption.
Reception services: support services inside the project to ease daily living and manage the needs of residents and visitors.
Parking: garages distributed in an organised way to facilitate entry and exit movement across ALAIA North Coast.

ALAIA North Coast Project

Recreational Services Inside ALAIA North Coast

Lagoons and artificial lakes: water features distributed across ALAIA North Coast that grant direct views to a large number of units and add a sense of calm to the community.
Swimming pools: diverse pools designed to suit different uses inside ALAIA North Coast, serving all residents.
Recreational zones: spaces dedicated to activities, seating, and relaxation in a quiet environment away from noise.
Spa & Gym: areas dedicated to relaxation and physical fitness inside the project, providing an integrated lifestyle.
Restaurants and cafés: spots for dining and refreshments inside the community, removing the need to step outside ALAIA North Coast.
Open areas and landscape: green spaces carefully distributed across ALAIA North Coast that bring a sense of openness and support quality of daily life.

Investment Advantages at ALAIA North Coast

Investment in ALAIA North Coast can be read as closer to an operating-yield model than as the simple purchase of a traditional vacation unit, especially given that the project is built around small-area hotel apartments and a mandatory rental program. According to the operating model announced for the project, the expected rental yield reaches around 16% annually — a figure that ranks high compared with the average yields of coastal projects, which typically range between 8% to 12% in stable operating conditions, taking into account that achieving this yield is tied to the actual management mechanism and real occupancy rates across the different seasons.

The price entry point starting at around EGP 1,250,000 for units beginning at 40 m² also points to a low entry cost compared with other coastal projects following the same operating pattern, raising the project’s appeal to investors looking for lower entry liquidity in exchange for a potential recurring yield. In addition, the project’s installment plan extending up to 4 years reduces direct cash pressure and makes the expected yield more comparable to a monthly commitment, rather than a large one-off cash investment.

About Gary Development

Gary Development is one of the new players that has entered the Egyptian real estate market with a vision focused on delivering projects rooted in investment and operations, particularly in the coastal sector. The company aims to introduce a different model based on managed hotel apartments rather than the traditional format of vacation projects.

The company was founded as a partnership between Ahmed Tarek — known for his appearance on the Shark Tank program and bringing experience in entrepreneurship and investment — and Ahmed Mohsen Afify, one of the owners of the Al Mottaheda Company. This combination gives the company a diverse background that brings together investment thinking with experience across business and development sectors.

The company’s first step comes through ALAIA North Coast, which represents the launch point toward building its name in the market. The focus is on delivering a product that combines ease of ownership with a hotel management system aimed at generating continuous returns for clients, in line with how the concept of real estate investment is evolving today.