The Cove at Silversands, North Coast

Silversands is Ora Developers’ North Coast destination near Ras El Hekma — 724 feddans with 1.4 km of beachfront, a 160,000 m² crystal lagoon and a 1.2 km central spine. The Cove is its lagoon-living enclave: low-rise, single-loaded buildings in a modern-Mediterranean idiom where every home keeps an uninterrupted lagoon or garden view. This guide is prepared by KÂMO Property Group — we represent buyers across Silversands and weigh a specific unit against the wider North Coast market on value, finish and delivery, not the brochure.

The Cove’s current launch — the C2 building, direct on the lagoon — opens with fully-finished one- and two-bedroom apartments: 1-bedroom homes of 56 m² from EGP 9.6M and 2-bedroom homes of 85 m² from EGP 14.8M, on a 5% down payment and an 8-year plan. Three-bedroom apartments and a three-bedroom duplex form part of the wider Cove collection and are available on application.

Buying in The Cove at Silversands

Silversands sits on the North Coast near Ras El Hekma and is developed by Ora Developers. Browse current Ras El Hekma listings, or enquire for The Cove availability and the full factsheet — handled discreetly by a KÂMO advisor.

KÂMO’s independent take on The Cove

The Cove sits at Sidi Heneish, about 4 km from Almaza Bay on the far-western North Coast — adjacent to, not inside, the $35bn ADQ-led Ras El Hekma megaproject now master-planned by Modon. That adjacency is the thesis: you buy the Ras El Hekma growth story beside an established, Emaar-anchored stretch, at a lower entry than the prime zone — with distance from Cairo (roughly 3.5–4 hours) as the trade-off. This is a destination second home, not a weekend bolt-hole.

On price, the C2 launch runs about EGP 170–175k per built-up m² (EGP 9.6M for 56 m², 14.8M for 85 m²) — fully finished, with ACs, on the lagoon. That is competitive for branded North Coast lagoon product and below the wider Silversands pricing quoted in the market, an early-phase entry advantage on the most lettable 1- and 2-bed formats. The 5% down, 8-year plan is buyer-friendly and, in an inflationary pound, lets you settle later instalments in cheaper money — though eight-year terms are now the coast’s norm, a sign developers are competing hard to close.

Our stance: a credible early entry into a strong Ora Developers destination beside the coast’s biggest catalyst, best suited to brand-driven second-home buyers and medium-term investors who can hold through the area’s multi-year build-out. We focus on the fully-finished 1- and 2-bed lagoon units at the launch price, benchmark the unpriced 3-bedroom and duplex before paying up, and stress-test the contracted delivery date and finishing spec. This is KÂMO’s independent market view, not personalised financial advice.

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