Modon Ras El Hekma

⌖ North Coast - Ras El Hekma  ·  ▣ 40,600 feddans (total master plan)

Developer: Modon Holding Prices from EGP 17 million Last updated:

Project at a glance

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Developer
Modon Holding
Location
North Coast - Ras El Hekma
Project area
40,600 feddans (total master plan)
Unit types
Apartments, Villas
Prices start from
EGP 17 million
Price per m²
EGP 147,000
Down payment
5%
Installments
up to 8 years
Delivery
Q4 2029
Last updated

* Prices and payment plans are as of the page's last update and may change by the developer; contact us to confirm the latest prices and available units.

Modon Ras El Hekma is a full coastal city on the Mediterranean at Ras El Hekma, developed by the UAE’s Modon Holding. Units are released in phases (Wadi Yemm, Yemm Boulevard, Marina and others), and construction has been under way since September 2026. Prices at Modon Ras El Hekma start from EGP 17 million, with a 5% down payment and installments over up to 8 years. Delivery is in Q4 2029 for the first phases and 2030 for later ones. The full master plan covers about 40,600 feddans (170.8 million sqm).

This page covers the location, phases, prices, payment plans, developer and amenities. The figures are updated as of October 2026 and vary by phase and by the offers currently open, so message us on WhatsApp to find out which units are available now.

Modon Ras El Hekma location

Buildings overlooking the Mediterranean on a rocky slope at Modon Ras El Hekma

Modon Ras El Hekma sits on the Mediterranean coast in Matrouh Governorate, about 200 km west of Alexandria and roughly 350 km (3 hours) from Cairo. It runs along the International Coastal Road, close to the new Fouka road, Sidi Abdel Rahman and New Alamein. There is no single kilometer marker, because the project is a whole city rather than one village. The master plan includes about 44 km of waterfront spread over 17 precincts.

Distances from Modon Ras El Hekma to key points

  • From Alexandria: about 200 km west, roughly two hours by car.
  • From Cairo: about 350 km, around 3 hours.
  • On the International Coastal Road, close to the new Fouka road, Sidi Abdel Rahman and New Alamein.

Modon Ras El Hekma area

Two figures are quoted for the area of Modon Ras El Hekma, and they should not be confused. The full master plan of the city is 170.8 million sqm (about 40,600 feddans). The part Modon is developing in the first stage is 50 million sqm. A buyer in Wadi Yemm or Marina is buying in a specific part of that land, not across the whole master plan.

Master plan, phases and unit types

The full master plan is 170.8 million sqm, about 40,600 feddans. Modon is developing the first 50 million sqm after ADQ appointed it master developer. The project plans more than 15 luxury hotels, a marina, an international airport, 4 million sqm for education and an open-air theater seating 10,000. The phases currently on offer are:

Beach and marina at Modon Ras El Hekma at sunset

Phase Prices start from Delivery
Wadi Yemm EGP 20.3 million 2029
Yemm Boulevard EGP 22 million 2029
Yemm Beach Plaza EGP 26 million 2029
Marina Waterfront Residences EGP 18.5 million 2030
The Lighthouse Village EGP 33.9 million 2030
Wadi West and Wadi East EGP 37.6 million 2030

Units include two-bedroom apartments (90 sqm), three-bedroom apartments (130 to 160 sqm) and four-bedroom apartments (180 sqm), chalets of 90, 135 and 160 sqm, and villas of 191, 220 and 240 sqm. Modon also offers branded residences, such as Montage Residences (96 villas) in Wadi Yemm and Nammos Ras El Hekma (72 apartments and penthouses).

Modon Ras El Hekma prices

Prices at Modon Ras El Hekma start from EGP 17 million (October 2026), and the starting price depends on the phase. By phase, prices range from EGP 18.5 million for Marina Waterfront to EGP 37.6 million for Wadi West, and exceed EGP 165 million for the Yemm Views and Yemm Links villas. The average price per sqm across the project is roughly EGP 147,000.

Payment plans and delivery

  • A 5% down payment on two plans and 10% on a third.
  • Installments over up to 8 years (monthly).
  • Delivery in Q4 2029 (December 2029), with construction starting on 24 September 2026, and 2030 for later phases.

An approximate example, for illustration only: at a price of EGP 18 million, a 5% down payment is about EGP 900,000, and the remainder (around EGP 17.1 million) is spread over 8 years at roughly EGP 178,000 a month, with no interest or annual payments. Because delivery is about 3 years away, check the schedule guarantees in the contract.

Wadi Yemm, Marina and Montage compared

The lowest starting price among the phases now on sale is Marina Waterfront Residences at about EGP 18.5 million, with delivery in 2030. Wadi Yemm follows at about EGP 20.3 million, with delivery in 2029. Buyers who want earlier handover lean toward Wadi Yemm, and those who want a lower entry price compare Marina. For full details on each phase, see the pages for Wadi Yemm Ras El Hekma, Montage Ras El Hekma and Nammos Ras El Hekma.

The developer: Modon Holding

Residential building with a swimming pool overlooking the sea at Modon Ras El Hekma

The project is developed by Modon Holding, a UAE company founded in 2005 and listed on the Abu Dhabi Securities Exchange since 2017. ADQ appointed it master developer of the project. The company has contracted Orascom Construction to build areas within Ras El Hekma and plans to invest about EGP 45 billion in infrastructure. It has no connection to the Egyptian company Modon Developments, the developer of Villagio and Lagoons. The names are similar, but the two companies are separate.

Amenities and beach

Modon Ras El Hekma offers:

  • White sand beaches, waterfronts, coastal walkways, lagoons and swimming pools.
  • An international marina for more than 3,000 boats, plus two golf courses and an equestrian center in the master plan.
  • More than 50 boutique hotels with over a thousand rooms in the master plan, along with branded hotels and residences.
  • Commercial areas, malls, cafes, restaurants, spas, sports clubs and family areas.
  • Round-the-clock security and surveillance, and ample parking.

Master plan of the Modon Ras El Hekma project

Who is Modon Ras El Hekma for, and what to check before booking

Modon Ras El Hekma suits long-term investors in a large coastal city backed by a listed master developer, and buyers who are willing to wait until 2029 and 2030 for delivery. It does not suit anyone who wants to move in soon. Check the phase (Wadi Yemm, Yemm Boulevard, Marina or another), because price and delivery differ widely between them. Also check the contracting party (Modon Holding or an intermediary company), the payment schedule and the licenses.

Modon compared with other Ras El Hekma villages

Modon Ras El Hekma differs from villages such as Fouka Bay, Jefaira and Ten Islands because it is a full coastal city, not a single village. It covers tens of thousands of feddans, its phases roll out over several years, and delivery runs to 2029 and 2030. That means the comparison should be made on a specific phase (such as Wadi Yemm or Marina) and not on the project as a whole. It may suit a buyer who plans to hold the unit for years better than a summer-home buyer who wants to take delivery soon.

Modon Ras El Hekma at a glance

  • Location: Ras El Hekma coast, about 200 km west of Alexandria.
  • Prices: start from EGP 17 million (as of October 2026).
  • Payment: 5% down payment and installments over up to 8 years.
  • Delivery: Q4 2029 for the first phases and 2030 for later ones.
  • Area: about 40,600 feddans for the full master plan.

Why buy Modon Ras El Hekma through West Capital

We shortlist the phases on offer to fit your budget and handover date, compare Modon with the other Ras El Hekma villages, and review the contract and schedule before you book. We also arrange your contact with the official sales team, at no extra fee.

For more options, browse North Coast projects and villages, learn about the work of Modon Holding, compare with Fouka Bay Ras El Hekma, Jefaira Ras El Hekma and Ten Islands Ras El Hekma, and read our guide to the best North Coast villages.

Frequently asked questions about Modon Ras El Hekma

Where is Modon Ras El Hekma?

On the Mediterranean coast at Ras El Hekma in Matrouh Governorate, about 200 km west of Alexandria (two hours) and roughly 350 km from Cairo (three hours).

What is the total area of Modon Ras El Hekma?

The full master plan covers 170.8 million sqm, about 40,600 feddans. Modon is developing the first 50 million sqm, with a 44 km waterfront and 17 precincts.

What are the starting prices at Modon Ras El Hekma?

Prices start from EGP 17 million (as of October 2026). Some phases go up to EGP 37.6 million for Wadi West.

What is the payment plan at Modon Ras El Hekma?

A 5% down payment and installments over up to 8 years in the announced plans. The developer sets the schedule for each phase.

When is delivery at Modon Ras El Hekma?

Q4 2029 for the first phases, and 2030 for later phases such as Marina and Wadi West.

Is Modon Ras El Hekma the same as Modon Developments?

No. Modon Ras El Hekma belongs to the UAE’s Modon Holding. Modon Developments is a separate Egyptian company, the developer of Villagio and Lagoons.

What is Modon Ras El Hekma and who is the developer?

Modon Ras El Hekma is a full coastal city on the Mediterranean, developed by the UAE’s Modon Holding, which is listed on the Abu Dhabi Securities Exchange. Units are released in phases, starting with Wadi Yemm.

What is the difference between Wadi Yemm and Marina at Modon Ras El Hekma?

Wadi Yemm units start from EGP 20.3 million with delivery in 2029. Marina Waterfront Residences start from EGP 18.5 million with delivery in 2030.

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North Coast - Ras El Hekma

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Developer

About Modon Holding

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Modon Holding

Modon Holding is a UAE company founded in 2005 and listed on the Abu Dhabi Securities Exchange since 2017. ADQ appointed it as the lead developer of the Ras El Hekma project on the Egyptian North Coast. West Capital lists its project Modon Ras El…

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