Sky Abu Dhabi Launches New Luxury Coastal Development in Ras El Hekma

Sky Abu Dhabi, a prominent real estate developer and subsidiary of Diamond Group UAE, has officially announced its entry into Egypt’s North Coast market with a groundbreaking project in Ras El Hekma. This ambitious development will span over 430 acres, positioning itself as one of the most significant real estate ventures in the region with an estimated sales target of EGP 240 billion.

A Prime Location in Egypt’s Fastest-Growing Coastal Destination

Strategically located in Ras El Hekma, the project benefits from one of the most sought-after destinations in the North Coast of Egypt. Ras El Hekma lies between the Dabaa Axis and the Middle Ring Road, ensuring excellent accessibility to and from Cairo, Alexandria, and New Alamein. Known for its white sandy beaches and crystal-clear waters, the region has quickly become a hotspot for luxury coastal real estate and international tourism investment.

A Fully Integrated Coastal Community

Sky Abu Dhabi’s vision for the Ras El Hekma project is to create a fully integrated mixed-use development. The master plan includes:

• Luxury villas and chalets with direct sea views

• A vibrant hospitality zone with branded hotels and resorts

• Entertainment hubs and nightlife venues

• Retail promenades and F&B outlets

• Parks, lagoons, and landscaped green areas

• Medical and wellness centers

• International schools and community facilities

The development will blend modern architectural design with sustainable living practices, in line with Sky Abu Dhabi’s strategy of building smart, green, and human-centric communities.

A Major Milestone in UAE-Egypt Real Estate Collaboration

This project marks a new chapter in the UAE-Egypt real estate partnership, reflecting the rising confidence of Gulf investors in Egypt’s tourism and residential sectors. According to Eng. Abdelrahman Agami, CEO of Sky Abu Dhabi, the Ras El Hekma development represents a long-term commitment to Egypt’s economic and urban development goals. The project aligns with the government’s vision to transform Ras El Hekma into a world-class destination.

“This project is a continuation of our expansion in Egypt, and we see massive untapped potential in the North Coast. Our goal is to create a destination that combines luxury living, tourism, and economic growth,” said Agami in a recent press release.

Investment Outlook for Ras El Hekma

In recent years, Ras El Hekma has attracted significant attention from both public and private investors. Its unique location, modern infrastructure plans, and growing demand for second homes in Egypt have made it a focal point for large-scale projects. Sky Abu Dhabi’s entry into this market further reinforces its position as a future hub for luxury tourism, smart infrastructure, and sustainable coastal living.