Hacienda Ras El Hekma
Palm Hills' 1,400-acre development at KM 238, inside Ras El Hekma City.
Hacienda Ras El Hekma sits at KM 238 of the Alexandria–Marsa Matrouh road, inside Ras El Hekma City on Egypt's North Coast. It is developed by Palm Hills Developments — one of Egypt's largest listed developers — in a joint venture with UAE-based Miran Hills Real Estate, announced in April 2026, making it the first joint-development model inside Ras El Hekma City. The development covers 5.65 million sqm (about 1,400 acres) with 4.8 km of its own beachfront, master-planned by OBMI.
The first phase launched in August 2026, offering one- and two-storey villas, twin houses, Seabreeze chalets and Beach Home apartments — delivered fully finished, with air conditioning and kitchen cabinets fitted. Delivery on current releases is set from four years after launch.
Imagery shows developer renders; the project is under development.
Starting prices by product type
- Apartments & Beach Homes — 9 types — From EGP 9.6M – 30.0M
- Chalets — 8 types — From EGP 19.2M – 35.5M
- Twin Houses — 1 type — From EGP 35.2M
- Villas — 9 types — From EGP 54.4M – 450.0M
Projects within Hacienda Ras El Hekma
Starting prices verified August 2026.
Hacienda Ras El Hekma's current payment plan opens at 5% down plus a further 5% after three months, with instalments over 10, 8 or 6 years — shorter tenors carry stated discount tiers, and row villas are capped at an 8-year term. Delivery on current releases is set from four years after launch.
Common questions
Where exactly is Hacienda Ras El Hekma?
At KM 238 of the Alexandria–Marsa Matrouh road, inside Ras El Hekma City — about 1 hour 45 minutes from Alexandria.
Who is the developer?
Palm Hills Developments, established in 1997 — one of Egypt's largest listed developers, and the first Egyptian developer to launch inside Ras El Hekma City.
Is this part of the $35bn Ras El Hekma development?
Yes, by location: the February 2024 Egypt–UAE agreement targets over $110bn in total investment across Ras El Hekma, including a planned international airport. Hacienda Ras El Hekma is Palm Hills’ own private development within that wider zone.
What home types are offered?
One-storey shoreline, beachfront and bay-line villas; two-storey coastal and crest villas; twin houses; Seabreeze chalets; and Beach Home apartments — all delivered fully finished, with air conditioning and kitchen cabinets fitted.
What are the payment terms?
5% down payment plus a further 5% after three months, with instalments over 10, 8 or 6 years. Shorter tenors carry stated discount tiers, and row villas are capped at an 8-year term.
When is delivery?
Four years from launch, as stated at the August 2026 launch.
Will there be an airport nearby?
A Ras El Hekma international airport is planned within the wider city development; El Alamein International Airport serves the area today.
Why do some people call this "Disney City"?
It’s a social-media nickname for the wider Ras El Hekma project’s scale, with no Disney affiliation. The development covered on this page is named Hacienda Ras El Hekma.