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Where is Mar Bay located on the coastal road?
Mar Bay is located at Kilometer 191 on the Alexandria–Marsa Matrouh Road in the heart of Ras El Hekma bay, with a depth of 2.2 kilometers from the coastal road down to the beach, within the major Ras El Hekma development zone.
Is the beach at Mar Bay sandy or rocky?
Mar Bay features a soft white sandy beach with turquoise waters, stretching 1.2 kilometers along the Mediterranean. It is considered among the finest beaches in Ras El Hekma in terms of sand quality and gradual water depth, suitable for all age groups.
How far is Mar Bay from Cairo and Alexandria?
Mar Bay is approximately 340 km from Cairo (3 hours by car via the New Fouka Road), and around 193 km from Alexandria (2 hours), making it easily accessible from both cities.
What are the chalet prices at Mar Bay Ras El Hekma?
Chalet prices start from EGP 14,700,000 for a 2-bedroom 110 sqm unit, reaching EGP 21,400,000 for a 4-bedroom 190-207 sqm chalet. Standalone villas start from EGP 36 million and reach EGP 67 million.
What is the minimum down payment for Mar Bay?
The down payment starts from just 5% at contracting, with another 5% paid after 3 months, and the remaining unit value distributed over 8 years in equal interest-free installments.
Is Mar Bay a year-round or seasonal destination?
The project operates year-round thanks to its on-site international hotel, Beachfront Serviced Residences, and integrated commercial strip (Sea-View Commercial Strip), making it a residential and investment destination active 12 months a year — not just a summer resort.
When will Mar Bay units be delivered?
The developer has set delivery for December 2028, four years from the project's launch in June 2024. Finishing comes as Semi Finished or Fully Finished depending on unit type.
Who is the developer of Mar Bay Ras El Hekma?
The developer is Al Marasem Development, a subsidiary of the Saudi Binladin Group, owned by Sheikh Khaled Bin Laden and his brother Sheikh Omar Bin Laden. The Egyptian arm was established in 1997 and the company ranks among the top 5 real estate developers in the Egyptian market.
Can I rent out my Mar Bay unit for rental income?
Yes, the project offers a Property Management service through the on-site international hotel and a specialized team, with expected rental yields reaching up to 15% annually according to coastal real estate market reports — among the highest yields on the North Coast.
What is the Mar Bay village hotline?
To reserve your unit and get the latest prices and payment plans, contact the Mar Bay village hotline: +201118183030
What is the Al Marasem Development hotline?
For inquiries about all Al Marasem Development projects in Egypt, contact the company hotline: +201118183030
