Off-plan

Delivery Date: Q4 2029

Coral Coves

Launch price 19M EGP*

*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

Developer

Soma Bay Real Estate

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Key information

Delivery date
December 2029
Location
Payment plan
Ownership type
Freehold

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Payment plan

Down payment

At sales launch

Project timeline

Project announcement
-
Construction Started
July 24, 2026
Expected Completion
December 19, 2029

About the project

Coral Coves is a luxury beachfront residential development by Somabay Developments, located on Egypt’s Red Sea coast. The project is designed as an upscale coastal community that combines modern architecture with natural seaside surroundings to create a resort-style living experience suitable for both living and investment.

Location

Coral Coves is situated inside Somabay, one of the most prestigious destinations on the Red Sea. The location offers direct access to beaches and turquoise waters, with strong connectivity to key destinations:

Around 20 minutes from Hurghada International Airport
Approximately 45 minutes from Hurghada city
About 4 hours from Cairo
Close proximity to El Gouna
Surrounded by communities such as Soma Coves, Mesca Soma Bay, and Bay West

Master Plan

The project is designed with a focus on privacy, openness, and maximizing sea views. The master plan includes:

Landscaped green areas
Walking and cycling paths
Lagoon-style water features
Private residential clusters
Social and recreational zones
Direct beachfront access

The layout ensures a balanced environment between privacy and open coastal living.

Facilities and Services

Coral Coves provides a fully managed lifestyle supported by premium services:

24/7 security system
CCTV surveillance
Concierge services
Property management services
Parking areas

Unit Types

The project offers a variety of residential units designed with modern standards:

Apartments
Chalets
Villas

Each unit features functional layouts, contemporary design, terraces, and open views, with different sizes and configurations to suit various needs.

Investment Highlights

Coral Coves is positioned as a strong investment opportunity due to:

High tourism demand in Somabay
Year-round coastal destination appeal
Strong rental income potential
Long-term capital appreciation
Established luxury resort infrastructure

Developer

Somabay Developments is a leading real estate developer specializing in integrated coastal resorts on the Red Sea. The company is known for delivering high-quality projects that combine luxury living, sustainability, and strong investment value.

Coral Coves masterplan

image of Coral Coves by Soma Bay Real Estate, Red Sea — [1]

Coral Coves is a luxury beachfront residential development by Somabay Developments on Egypt's Red Sea coast, offering resort-style living within an upscale coastal community that blends modern architecture with natural seaside surroundings.

As a part of the Red Sea masterplan, Coral Coves masterplan is thoughtfully positioned within Somabay, one of Egypt's most prestigious coastal destinations. The master plan prioritizes privacy, unobstructed sea views, and open coastal living, with landscaped green areas, lagoon-style water features, walking and cycling paths, and private residential clusters creating a balanced, resort-inspired community. Located in the prestigious Red Sea masterplan, every element is designed to enhance connectivity between residences, recreational zones, and direct beachfront access.

Key Features

Location & Nearby Attractions

Hurghada International Airport — approximately 20 minutes away
Hurghada City — approximately 45 minutes away
Cairo — approximately 4 hours away
El Gouna — in close proximity
Neighboring communities: Soma Coves, Mesca Soma Bay, and Bay West

Amenities & Services

Lagoon-style water features
Landscaped gardens and green spaces
Walking and cycling tracks
24/7 security and CCTV surveillance
Dedicated parking areas
Concierge and property management services
Direct beachfront access

Location

Living in Red Sea

Amenities

• Lagoon
• Parking
• Security
• Cycle track
• CCTV Security
• Walkways
• Landscaped Gardens

Units

from developer

Unit information coming soon

available in this project.

Contact information available soon

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Frequently asked questions

Yes, Coral Coves presents a solid investment opportunity due to its location in Somabay, a well-established Red Sea destination with consistent tourism demand. The project offers direct beachfront access, landscaped open spaces, lagoon-style water features, and organized residential clusters that support privacy and long-term livability.

In addition, services such as 24/7 security, property management, concierge support, and parking enhance operational efficiency for owners, especially for rental purposes. The variety of units, including apartments, chalets, and villas with modern layouts and sea views, increases market appeal. Combined with year-round destination activity and proximity to Hurghada International Airport, the project supports both rental income and property value growth over time.

Coral Coves is owned and developed by Somabay, a company recognized for building large-scale coastal destinations along Egypt’s Red Sea. Somabay manages the full development process, including planning, infrastructure, and long-term operation. The company’s portfolio focuses on integrated resort communities that combine residential, hospitality, and leisure components within a single destination.

Coral Coves offers a range of residential units designed to suit different usage needs, including private stays and rental purposes. The available property types include apartments, chalets, and standalone villas. Each category is planned with a focus on functional layouts, open views, and direct integration with the surrounding coastal environment.

Apartments are typically designed for efficient space use, making them suitable for short stays or rental operations. Chalets provide larger living areas with outdoor extensions such as terraces, offering better exposure to sea views and landscaped surroundings. Villas represent the highest tier within the project, delivering increased privacy, larger internal spaces, and dedicated outdoor areas.

All units follow a contemporary architectural approach with clean lines, practical room distribution, and emphasis on natural light. The design allows for indoor-outdoor connectivity through terraces and open spaces.

There are no confirmed figures provided regarding unit sizes or price ranges within the available project information. However, the variety of unit types ensures flexibility for different buyer segments and investment strategies.