North Bay El Gouna 2026 | Prices & Payment Plans

North Bay El Gouna is a prestigious residential and coastal destination located in the northern area of El Gouna directly on the Red Sea. Spanning approximately 440,000 square meters, the project is designed to offer an exclusive lifestyle that combines privacy, natural beauty, and sophisticated coastal living. Its prime setting provides residents with direct views of the sea and lagoons, creating a peaceful environment surrounded by stunning landscapes.

The project features an impressive architectural concept created in collaboration with the internationally renowned Legorreta architectural firm. The design combines contemporary architecture with the distinctive character of El Gouna, creating a harmonious community where modern living blends naturally with water features, greenery, and open spaces. Residents can enjoy carefully designed homes with attractive views and a strong sense of privacy.

North Bay El Gouna offers a selection of luxury chalets and standalone villas, with chalet areas starting from 64 sqm and reaching approximately 200 sqm, while villas start from 286 sqm and exceed 400 sqm. Prices start at around EGP 112 million, equivalent to approximately USD 2.1 million, while the payment plan requires a 15% down payment with installments of up to five years. The project also offers a central lagoon connected to the sea, a clubhouse, restaurants, swimming pools, yacht berths, meditation gardens, and walking and cycling tracks.

About North Bay El Gouna

North Bay El Gouna is a high-end residential project developed to provide an exclusive lifestyle within one of Egypt’s most renowned coastal destinations. The project is located in the northern part of El Gouna and benefits from its exceptional waterfront setting, offering residents direct access to beautiful natural landscapes and impressive views of the Red Sea and surrounding lagoons.

Covering approximately 440,000 sqm, North Bay El Gouna has been planned as an integrated community where residential spaces are surrounded by greenery, water features, and premium amenities. The development focuses on creating a balanced lifestyle that provides residents with privacy while keeping them close to El Gouna’s entertainment, hospitality, dining, and recreational destinations.

The project combines luxury residences with a wide range of lifestyle facilities, including a central lagoon connected to the sea, swimming pools, a sophisticated clubhouse, restaurants and cafés, yacht berths, meditation gardens, and dedicated walking and cycling paths. This combination makes North Bay El Gouna suitable for both permanent living and luxury holiday ownership.

Developer of North Bay El Gouna

North Bay El Gouna is developed by Orascom Development Egypt, one of the leading developers of integrated towns and destinations in Egypt and the Middle East. The company has more than three decades of experience in developing mixed-use destinations that combine residential communities, hotels, commercial facilities, entertainment venues, and leisure attractions.

Orascom Development has built a strong international reputation through its ability to create complete destinations rather than conventional residential projects. Its portfolio extends across several countries, including Egypt, the UAE, Oman, Switzerland, and Morocco, with developments spanning residential, hospitality, tourism, and commercial sectors.

The company’s hospitality portfolio also strengthens its experience in developing tourism-oriented destinations, with more than 33 hotels and over 7,000 rooms across the Middle East, North Africa, and Europe. This extensive experience adds further credibility to North Bay El Gouna and supports its positioning as a premium residential destination within El Gouna.

Notable Projects by Orascom Development Egypt

• El Gouna, Red Sea: The company’s iconic integrated coastal destination combining residential, hospitality, entertainment, and commercial facilities.
• Makadi Heights, Hurghada: A residential and tourism destination overlooking Makadi Bay.
• Taba Heights: A luxury resort destination located on the Gulf of Aqaba.
• Byoum, Fayoum: A premium residential destination overlooking Lake Qarun.
• The Nines El Gouna 
• O West, 6th of October: An integrated community combining residential units, services, entertainment, and commercial facilities.
• Shedwan El Gouna |

North Bay El Gouna Location

North Bay El Gouna enjoys a prime location in the northern part of El Gouna directly on the Red Sea. The project is approximately 25 km from Hurghada, giving residents convenient access to the city’s major facilities while maintaining the peaceful and private atmosphere associated with El Gouna.

One of the major advantages of the location is its exceptional natural setting. North Bay overlooks the Red Sea and lagoons, creating attractive waterfront views and a relaxing environment. The surrounding area also includes several upscale resorts and destinations, enhancing the project’s position within one of the most established tourism communities on Egypt’s Red Sea coast.

The location also provides easy access to El Gouna’s extensive network of restaurants, cafés, marinas, shopping destinations, hotels, and entertainment venues. For investors, the strategic position inside El Gouna adds to the project’s appeal, particularly given the area’s strong reputation as a luxury tourism and residential destination.

Nearby Locations to North Bay El Gouna

North Bay El Gouna is conveniently connected to several important destinations and major routes across the Red Sea region.

• Hurghada International Airport: Approximately 45 minutes away.
• Makadi Bay: Approximately one hour away.
• Sahl Hasheesh: Around 60 km away.
• Ancient Sands Golf Resort: A nearby luxury destination within El Gouna.
• El Gouna Marina: One of the area’s most popular waterfront and entertainment destinations.
• Sheraton Miramar Resort El Gouna: A nearby upscale hospitality destination.
• Ancient Sand and Ancient Hill: Nearby premium developments that add to the value and appeal of the surrounding area.

The project’s waterfront location also places residents close to a large lagoon connected to the sea, providing attractive views and opportunities to enjoy various water-based activities.

North Bay El Gouna Unit Types

North Bay El Gouna offers a selection of premium residential units designed to accommodate different lifestyle requirements. The development includes luxury chalets and standalone villas, giving buyers the opportunity to choose between practical coastal residences and spacious private homes.

Each unit is designed with an emphasis on spacious layouts, natural lighting, privacy, and attractive views. The residences are positioned to maximize views of the lagoons, greenery, and surrounding landscapes, while large windows and open-plan concepts contribute to a modern and comfortable living experience.

North Bay El Gouna Unit Spaces

Chalets at North Bay El Gouna start from approximately 64 sqm and can reach around 200 sqm. The different sizes provide options for individuals, couples, and families looking for a luxury vacation home or a practical coastal residence. Larger chalet layouts provide additional living areas and greater flexibility for family use.

Standalone villas start from approximately 286 sqm and can exceed 400 sqm. Villa designs include options with three or four bedrooms, private gardens, and attractive views of the lagoons and surrounding greenery. The combination of generous spaces, open layouts, and outdoor areas makes the villas suitable for buyers looking for greater privacy and exclusivity.

North Bay El Gouna Prices

North Bay El Gouna prices vary depending on the unit type, size, location, layout, and views. The development offers premium chalets and villas positioned within a high-end waterfront community, which contributes to the project’s elevated price range.

According to the provided pricing data, units measuring approximately 245 sqm are priced at around EGP 112,056,000. Units measuring 286 sqm range between approximately EGP 125,697,600 and EGP 132,883,800, while units measuring around 390 sqm start at approximately EGP 192,444,000 and can reach around EGP 201,822,600.

For buyers evaluating prices in US dollars, luxury villas in North Bay El Gouna start at approximately USD 2.1 million based on the supplied data. These prices reflect the project’s prime location, premium architectural concept, waterfront setting, integrated facilities, and the reputation of its developer. Prices may vary according to availability and unit specifications.

North Bay El Gouna Payment Plans

North Bay El Gouna provides a flexible payment system designed to make ownership more convenient for buyers and investors.

• Down payment: 15% of the unit price.
• Installment period: Up to 5 years.
• Remaining amount: Paid through equal installments according to the agreed payment schedule.
• Payment flexibility: Suitable for buyers seeking a longer payment period for a luxury coastal property.

This payment structure provides buyers with an opportunity to acquire a premium residence while spreading the remaining cost over several years.

North Bay El Gouna Design

North Bay El Gouna extends across approximately 440,000 sqm, equivalent to more than 108 acres, and has been master-planned to create a balanced relationship between architecture and the surrounding natural environment. The project aims to provide a sophisticated residential and leisure destination while preserving open spaces, greenery, and waterfront views.

The villas and chalets are designed to reflect the distinctive architectural identity of El Gouna while introducing contemporary elements that enhance comfort and functionality. The master plan integrates shimmering water features, landscaped green areas, and residential zones in a way that creates a calm and visually appealing environment. Large windows, open spaces, and carefully positioned residences help maximize natural light and views.

The architectural concept was developed in collaboration with Legorreta, an internationally recognized architectural firm founded in 1965. The firm’s design philosophy focuses on combining functionality with human-centered spaces and creating environments that communicate privacy, comfort, optimism, and tranquility. At North Bay, this approach is reflected in the relationship between residential buildings, lagoons, landscaped areas, and communal spaces.

The central lagoon is one of the project’s key design elements. Connected directly to the sea, it forms an important visual and recreational feature within the development while creating waterfront views for residents. The master plan also incorporates green areas, meditation gardens, pedestrian routes, cycling paths, and community facilities to create a cohesive lifestyle destination.

North Bay El Gouna Services

North Bay El Gouna provides a comprehensive selection of services and amenities designed to support a luxurious and convenient lifestyle.

• Central lagoon connected to the sea: A major waterfront feature offering beautiful views and opportunities for water activities.
• Swimming pools: A selection of pools designed for relaxation and family entertainment.
• Children’s swimming pools: Dedicated spaces designed to provide a safe environment for younger residents.
• Restaurants and cafés: A variety of dining and social venues serving different preferences.
• Open central building: A social gathering space designed for community activities and events.
• Luxury clubhouse: A premium facility for residents and their guests.
• Fully equipped gym: Modern fitness facilities supporting an active lifestyle.
• Luxury spa: Wellness and relaxation facilities for residents.
• Private yacht berths: Dedicated spaces for yacht owners and water-sports enthusiasts.
• Meditation gardens: Quiet landscaped areas designed for relaxation and peaceful outdoor experiences.
• Green spaces: Landscaped areas that enhance the project’s natural atmosphere.
• Walking tracks: Dedicated routes for daily walks and outdoor activities.
• Cycling tracks: Safe paths designed for cycling and active lifestyles.

Why Invest in North Bay El Gouna?

Investing in North Bay El Gouna offers several advantages for buyers seeking a luxury property in one of Egypt’s established coastal destinations. The project is developed by Orascom Development Egypt, a company with extensive experience in creating integrated destinations such as El Gouna and other major projects. This developer reputation can add confidence for buyers looking for a property backed by an experienced real estate company.

The project’s location is another major investment advantage. North Bay is situated in the northern area of El Gouna with direct waterfront views and convenient access to the destination’s marinas, restaurants, hotels, entertainment facilities, and recreational activities. Its combination of privacy, natural surroundings, and proximity to established amenities makes it attractive for both personal use and holiday ownership.

North Bay El Gouna also combines premium architecture, diverse residential options, integrated services, and a flexible payment plan. The availability of chalets and spacious standalone villas allows buyers to select a property according to their lifestyle and investment objectives. With El Gouna’s established position as a major Red Sea tourism and residential destination, North Bay can represent an attractive long-term real estate opportunity for buyers seeking a high-end coastal property.

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You can also explore Swan Lake El Gouna to discover another premium residential destination on the Red Sea.