EGP23,000,000
5 Bedrooms
5 Bathrooms
190 sqm / 2,045 sqft
PENTHOUSE FOR SALE IN MAR BAY, RAS AL HEKMAAn exceptional opportunity to own a premium penthouse in Mar Bay, one of the newest and most prestigious North Coast developments by Al Marasem, The unit enjoys a prime first-row location with a full direct lagoon view in the sought-after Azure phase.
Layout:
• 4 Bedrooms
• Area: 190 M
• Full Direct Lagoon View
Property Highlights:
First Row Directly on the Lagoon
Located in Azure Phase
Overlooking the Largest Lagoon in the Project (700m)
Approximately 700m from the Beach
First Launch Contract at an Unrepeatable Price
Delivery in 1 Year & 9 Months
Direct from Owner
Absolutely No Overprice
Resale at the Original First Launch Contract Price
Approximately EGP 5,000,000 Below the Current Developer Price
Current Developer Price: EGP 28,000,000
Required Paid Amount: EGP 7,450,000
Flexible negotiation available, with the possibility of reducing the paid amount for a quick sale.
A rare opportunity to own a premium lagoon-front penthouse in one of Ras El Hekma’s most desirable destinations at a price significantly below the current developer rate.
about Fam Egypt Properties:
Fam Egypt was established in 2020 as a leading real estate company specializing in both primary (new properties) and resale markets. Our dedicated sales team is committed to helping clients find the perfect property that meets their needs, ensuring a professional and seamless experience every step of the way.
For more details please contact us:
01553155472
190 SQM Penthouse in Mar Bay No Overprice
Layout:
• 4 Bedrooms
• Area: 190 M
• Full Direct Lagoon View
Property Highlights:
First Row Directly on the Lagoon
Located in Azure Phase
Overlooking the Largest Lagoon in the Project (700m)
Approximately 700m from the Beach
First Launch Contract at an Unrepeatable Price
Delivery in 1 Year & 9 Months
Direct from Owner
Absolutely No Overprice
Resale at the Original First Launch Contract Price
Approximately EGP 5,000,000 Below the Current Developer Price
Current Developer Price: EGP 28,000,000
Required Paid Amount: EGP 7,450,000
Flexible negotiation available, with the possibility of reducing the paid amount for a quick sale.
A rare opportunity to own a premium lagoon-front penthouse in one of Ras El Hekma’s most desirable destinations at a price significantly below the current developer rate.
about Fam Egypt Properties:
Fam Egypt was established in 2020 as a leading real estate company specializing in both primary (new properties) and resale markets. Our dedicated sales team is committed to helping clients find the perfect property that meets their needs, ensuring a professional and seamless experience every step of the way.
For more details please contact us:
01553155472
Property details
Property Type
Penthouse
Property Size
2,045 sqft / 190 sqm
Bedrooms
5
Bathrooms
5
Available from
16 Jun 2026
Amenities
Balcony
Covered Parking
View of Water
Security
Lobby in Building
View of Landmark
Project information
Under Construction
Mar Bay Ras El Hekma
2, 3, 4 and 5 bedrooms
Developed by:
Al Marasem DevelopmentsDelivery Date:
Q4 2030
Down payment:
5%
Property types:
Apartment, Townhouse, Villa, Penthouse
Location
Price Insights
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in North Coast
Provided by
Amr ElDemery
Fam Egypt
See agency properties (110)Regulatory information
Regulatory information
Reference
TAZ7K3N6A88AVSRK3V1AETZDW8
Listed
2 hours ago
Payment method
Installments
Down payment
7,455,000 EGP