Mar Bay Ras El Hekma

Mar Bay Ras El Hekma (also spelled Mar Bay) is a large coastal village developed by El Marasem Real Estate Development. It sits in Ras El Hekma on the international coastal road and is under construction as of the latest update in October 2026. The project covers 640 feddans, master-planned by the British firm BDP, and only 16% of the land is built on while 84% goes to green areas and water bodies. Prices at Mar Bay start from EGP 14 million, with a 5% down payment and installments over up to 8 years, and delivery is in the last quarter of 2030.

Location and Kilometer Marker

The project is in the heart of Ras El Hekma, at kilometer 191 of the Alexandria-Matrouh coastal road. Ras El Hekma is known for calm turquoise water, white sand and its own microclimate, and it has become a global investment destination. The project is also within reach of New Alamein. The village is part of the North Coast, among large neighboring projects such as Fouka Bay, Hacienda West and Lyv Caesar.

Land Plan and Unit Types

The plan is built on five levels of stepped terraces, so most units get a sea view however far they sit from the beach, and lagoons run between the residential clusters as water corridors. As of October 2026 we are offering the following unit types:

• Two-bedroom apartments: 98 to 118 square meters.
• Three-bedroom apartments: 127 to 152 square meters.
• A three-bedroom penthouse of 160 square meters and a four-bedroom penthouse of 190 square meters.
• Four-bedroom townhouses: 220 square meters, starting from about EGP 28 million.
• Four-bedroom villas: 270 to 350 square meters, starting from about EGP 28 million.
• Five-bedroom villas: 420 square meters, starting from about EGP 66 million.

The plan also includes duplexes, chalets and serviced beachfront apartments. Some units suit working from home with a lagoon view, which fits buyers who plan to stay on the coast for longer periods.

Mar Bay Ras El Hekma Prices

Prices at Mar Bay start from EGP 14 million (EGP 14,028,000) for the smaller units. Four-bedroom townhouses and villas start from about EGP 28 million, and five-bedroom villas from about EGP 66 million. Resale offers for a 110 square meter chalet run around EGP 9.25 million and for a villa around EGP 22.7 million with a 5% down payment. These figures sit below the developer’s list because they usually come from earlier releases or resold units. We therefore recommend confirming the price of the exact unit type you want before booking, since the gaps between phases are large.

Payment Plans

There are two ways to buy: full cash payment, or a 5% down payment with installments over up to 8 years. One resale listing shows a down payment of EGP 1.1 million on a villa priced at about EGP 22.7 million (roughly 5%) with delivery in the last quarter of 2028, while the developer announces delivery in the last quarter of 2030. The difference most likely comes from the phase. The delivery date that counts is the one written in your contract, depending on the unit type and phase.

The Developer: El Marasem Real Estate Development

The developer is El Marasem Real Estate Development, one of the most respected Egyptian real estate companies, with large and complex projects under its name. It commissioned the global firm BDP for the master plan and acts as the sole master developer of the project. We do not quote figures on the company’s volume of work because there is no recent official figure, and we advise looking at its completed projects before you book.

Services and Beach

The beach and the water are the core of the project. The beachfront runs 1,050 to 1,250 meters depending on the phase (about 1.2 km overall), and the swimming lagoons stretch 1,200 meters with white sand. The announced facilities include:

• A main clubhouse and a beach clubhouse, an open-air gym, a spa and yoga areas.
• Tennis, padel and multi-sport courts, plus running and cycling tracks.
• A seaview commercial strip with shops and restaurants, and picnic and barbecue areas.
• A kids’ zone, a children’s garden and swimming pools spread across the project.
• An international hotel and serviced beachfront apartments with hospitality and housekeeping services.
• 24-hour security, surveillance cameras, maintenance and a dog park.

Who Mar Bay Suits

Mar Bay suits buyers who want a very large project with very low building density and a long waterfront, and who accept a relatively late delivery (up to 2030) in return for a unit in Ras El Hekma with a low 5% down payment. Before you book, we go through these points with you: the unit’s position relative to the terrace levels and its orientation, the phase it belongs to, whether the main facilities are in the first phase, total maintenance fees, and whether the unit can be rented out as a hotel unit.

Notes on Mar Bay Figures and Data

Some figures vary by phase. These include the length of the beachfront (between 1,050 and 1,250 meters, with a 1.2 km coastline), the delivery date (2028 on some resale listings and 2030 in the developer’s data) and the kilometer marker (191). For that reason we state figures as ranges. The details that stay fixed across phases are the area (640 feddans), the building ratio (16%), the BDP design and the developer (El Marasem), and these are the basis of our comparison. We advise getting the official project brochure before any payment, because the project is large and has many phases.

How Mar Bay Compares with Its Ras El Hekma Neighbors

Projects in Ras El Hekma are close in location but differ in building density, share of waterfront, entry price and payment plan. Mar Bay stands out with very low building density (16%), long lagoons, a 5% down payment and prices starting from EGP 14 million, while neighboring projects offer lower starting prices, a higher down payment or faster delivery. The right choice depends on your budget and how long you can wait. If you want to receive your unit before 2029, other projects may suit you better. If you want a low-density plan with a long waterfront and can wait until 2030, Mar Bay is a strong option. We can prepare a written comparison table on request.

Booking Steps

We start by defining the unit type, the phase and your budget. Then we get a written price offer stating the area, the down payment, the installment schedule and the delivery date, and we review the contract together. If you are buying a resale unit, we ask the developer for an official account statement.

Why Buy Through West Capital

With so many projects in Ras El Hekma and such a wide spread of prices, we give you:

• Updated prices and areas for Mar Bay units, with details of the phases available.
• An impartial comparison between Mar Bay, Lyv Caesar, Fouka Bay and Hacienda West on price, down payment and delivery.
• A review of the contract, payment schedule and delivery terms before you pay.
• Follow-up on the booking and contracting through to handover, with no extra fees for you.

For more options, browse North Coast projects, learn about the work of El Marasem Real Estate Development, compare with Lyv Caesar Ras El Hekma, Hacienda West Ras El Hekma and Fouka Bay Ras El Hekma, and see the best North Coast villages.

Frequently Asked Questions About Mar Bay Ras El Hekma

Where is Mar Bay Ras El Hekma located?

In Ras El Hekma on the coastal road, at kilometer 191 of the Alexandria-Matrouh road.

How large is Mar Bay and what share is built on?

The project covers 640 feddans, of which only 16% is built on. The other 84% is allocated to green areas and water bodies, in a plan by BDP.

What do units at Mar Bay cost?

Prices start from EGP 14 million (October 2026), and four-bedroom villas and townhouses start from about EGP 28 million.

What is the payment plan at Mar Bay?

A 5% down payment with installments over up to 8 years, or full cash payment.

Which unit types are available?

Two- and three-bedroom apartments (98 to 152 sqm), penthouses, 220 sqm townhouses, four- and five-bedroom villas (270 to 420 sqm), duplexes, chalets and serviced apartments.

When is Mar Bay delivered?

In the last quarter of 2030. Some resale units show earlier dates, so the date written in the contract is the one that applies.

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