On the stretch of Red Sea coast between Hurghada and Safaga, two projects are selling at once. Marassi Red Sea prices quoted at launch work out around 190,000 to 215,000 EGP per square metre. Almaza Bay Ras Soma listings from May 2026 run from about 99,000 to 200,000 per sqm depending on unit size. One hands over in 2027. The other in 2029 or later.

That gap in timing matters as much as the money. What follows is every figure we can source, with the month it was quoted, because neither developer publishes an official price list.

Emaar Marassi Red Sea, the 18 billion dollar bet

What Are Marassi Red Sea Prices in 2026?

Emaar Misr publishes no price list for Marassi Red Sea. Not on the project page, not on any of the four community pages. Everything circulating comes from sales channels, so treat all of it as a market quote rather than a developer commitment.

The fullest ladder appeared in Egyptian press in September 2025, attributed to Emaar’s own launch announcement:

Terms reported alongside that ladder were 5 per cent on booking, a further 5 per cent at three months, and the balance over seven years. Sizes were not published with it, which is why per-sqm has to be built from broker pages that do carry sizes: a 65 sqm unit at 14 million works out at roughly 215,000 per sqm, and a 90 sqm at 18 million at about 200,000.

One pattern worth knowing before you budget. Live resale and secondary listings on the major portals imply roughly 135,000 to 160,000 per sqm, well under the launch pages. That gap is most likely primary against resale, but nobody has explained it publicly, so ask which one your quote belongs to.

What Are Almaza Bay Ras Soma Prices?

Travco does not publish a list either, but the listing record here is fuller and carries sizes, which makes it usable. These were current in May 2026:

Per-sqm figures are our own arithmetic on those listed prices and sizes, not developer figures. The pattern they show is consistent and useful: the small one-bedroom carries the highest rate, and the larger chalets and apartments are the better value per metre.

There is also a dated trajectory here, which Marassi Red Sea does not yet have. That same 70 sqm one-bedroom was listed at 9.2 million in February 2025 and 12.9 million by May 2026, a rise of roughly 40 per cent in fifteen months. That is asking-price movement rather than recorded resale, and the pound moved over the period, so read it as direction.

Almaza Bay Ras Soma, the 2027 delivery

Which Is Better Value, and When Do You Get the Keys?

Read across that table and the trade is clear. Almaza Bay Ras Soma is cheaper per square metre on everything except the smallest apartment, it hands over two to three years sooner, and a five-star hotel has been trading on the site since 2021. Marassi Red Sea is roughly four times the land, carries sovereign-scale capital behind it, and will be a bigger destination when it is finished.

Which Is the Stronger Property Investment in Egypt?

A property investment in Egypt on this coast turns on three things: when you can use or let the asset, what the surrounding destination will look like, and whether the developer can finish.

On timing, Almaza wins outright. A 2027 handover is two to three years of rental seasons ahead of a 2029 one, and the Red Sea lets sixty per cent longer than the North Coast because the season runs most of the year.

On destination scale, Marassi wins outright. Twelve hotels, three marinas and more than 500 retail and dining outlets on 2,426 feddans is a different order of thing from a 633-feddan resort. Emaar has awarded roughly EGP 19.7 billion of phase-one construction across three contractors and reported more than EGP 80 billion of phase-one sales, so the commitment is real rather than a render.

On delivery risk, both look sound and neither is proven on this coast. Emaar has delivered Marassi on the Mediterranean over nineteen years. Travco has the Steigenberger trading on site and puts its own civil structure at 85 per cent complete, though infrastructure and roads sit at 15 per cent, which is usually what moves a handover date.

Soma Bay, the established neighbour

Somabay, the peninsula entering a new era

What Should Make You Pause?

• Neither developer publishes a price list. Every figure in this article is a market quote with a date, and quotes move
• Marassi Red Sea launch pages and live listings imply per-sqm rates roughly 30 per cent apart, and nobody has explained why. Establish whether your quote is primary or resale
• Almaza Bay Ras Soma infrastructure sits at 15 per cent against 85 per cent on structure. Roads and utilities are what usually delay a handover, not buildings
• The corridor is filling fast. More supply on the same stretch of coast means more choice for the next buyer and more competition when you resell

Red Sea apartments for sale

The D5 Realty View

If you want to use the property soon, Almaza Bay Ras Soma is the clearer buy today. Cheaper per metre on the larger units, a hotel already operating, and keys two to three years earlier. For a buyer whose case rests on rental income starting, that is decisive.

If you are buying the destination rather than the unit, Marassi Red Sea is the better long position. Nothing else on this coast has 2,426 feddans, twelve hotels and Emaar’s track record behind it, and the phase-one contracts are already awarded. You pay more per metre and you wait longer.

Whichever way you lean, get the price per square metre in writing rather than the headline price, and confirm whether the unit is primary or resale. Contact D5 Realty and we will pull the current list on both and tell you which unit the numbers favour.

Final Word

Marassi Red Sea prices buy scale and patience. Almaza Bay Ras Soma prices buy a shorter wait and a lower rate per metre. Both sit on the same water, and the right answer depends entirely on whether you need the keys in 2027 or you are content to own a piece of the biggest thing being built on this coast. Contact D5 Realty and we will put the two lists side by side on the specific units you are considering.

Somabay properties

Red Sea villas for sale

Frequently Asked Questions

• What are Marassi Red Sea prices?

Emaar Misr publishes no official list. A ladder reported in Egyptian press in September 2025 and attributed to Emaar’s launch put one bedrooms at EGP 14 million, two at 19 million, three at 23 million, townhouses at 36 million and standalone villas at 50 million, on terms of 5 per cent plus 5 per cent then seven years.

• Which is cheaper per square metre?

Almaza Bay Ras Soma, on everything except the smallest apartment. Its May 2026 listings imply roughly 99,000 to 184,000 EGP per sqm, against about 190,000 to 215,000 on Marassi Red Sea launch pages. Larger chalets and apartments at Almaza are the strongest value per metre in the comparison.

• Which one is delivered first?

Almaza Bay Ras Soma, by two to three years. Travco reports 2027 delivery, with its own third quarter 2026 update putting civil structure at 85 per cent. Marassi Red Sea handover is reported for 2029, with the marina and villa phases running to roughly 2030 on contractors’ stated programmes.

• Is a Red Sea property a good investment in Egypt?

The Red Sea letting season runs most of the year rather than four months, which is its structural advantage over the North Coast. Egypt publishes no verified rental yield by project, so judge on handover date, destination scale and developer record rather than on a promised return.

• Are Marassi Red Sea and Almaza Bay Ras Soma next to each other?

They sit on the same coastal corridor between Hurghada and Safaga but they are separate destinations by different developers. Almaza Bay Ras Soma is at kilometre 55 on the Hurghada to Safaga road. Marassi Red Sea sits nearer the Soma Bay peninsula, further north.