Makadi Heights
Orascom Development’s principal branded master plan in the bay, and the community most often compared against El Gouna — the same developer, a different and quieter proposition.
Makadi Bay property
Updated August 2026.
The developments we track here
Makadi Bay at a glance
from the KÂMO research desk · August 2026
| Development | Developer | Reported starting price | Retrieved |
|---|---|---|---|
| Makadi Heights | Orascom Development | from ~EGP 9.4M – 11.0M | Aug 2026 |
| Makadina | Travco Properties | from ~EGP 7.4M | Aug 2026 |
Indicative market figures. KÂMO confirms current prices, availability and terms directly with each developer — request the current price sheet.
Makadi Bay sits on the Red Sea coast south of Hurghada and north of Safaga — close enough to Hurghada International to be genuinely accessible, far enough to be a quieter, resort-led environment rather than a town.
It is a bay of managed communities rather than an urban centre with property in it. That is the defining characteristic: what you buy here is a unit inside a gated, serviced resort environment, and the quality of that environment and its management matters as much as the unit.
What is actually in the bay
Makadina and the Travco projects
Further managed supply along the same stretch, adding depth to the bay’s stock and to its resale market.
Resort-managed apartments
The accessible entry point, generally within hotel-adjacent or resort-operated settings. Management arrangement and service charge vary considerably — read them before the brochure.
Product mix spans apartments and villas inside gated resort environments. Buyers here are typically Cairo weekend purchasers, Gulf second-home buyers, and investors after resort-managed stock at price points that often sit below the most premium marina towns to the north.
Where Makadi sits against its neighbours
Makadi occupies a specific position on this coast, and it is worth stating plainly rather than leaving to inference. It is quieter and generally more accessible on price than El Gouna, less contained and less golf-and-spa-led than Soma Bay, and further developed than Sahl Hasheesh in parts while sharing that bay’s resort-led character.
Against Hurghada to the north the trade is the familiar one: Hurghada offers depth, services and liquidity, Makadi offers a controlled resort setting. Buyers comparing these usually end up weighing exit liquidity against daily environment, and there is no universal answer.
Corridor-level benchmarks for coastal prime pricing and gross rental yields apply across the Red Sea rather than to any one bay; we read Makadi-specific stock against those signals rather than quoting them as if they were local figures.
What to check in Makadi specifically
The management arrangement is the first question in a bay this resort-led. Ask who operates the community, what the service charge funds, whether any rental programme is run by the developer or a third party, and what happens to your unit’s income and access if you join it.
Resale depth is thinner here than in El Gouna or Hurghada, simply because the market is smaller. That is not a defect, but it should shape your horizon: exit is likely to be a negotiation rather than a clearing, and comparable evidence is scarcer going in.
For off-plan stock, the developer is part of what you are buying, since money is paid against contract milestones rather than held in escrow. See how to check a developer before you buy and the wider Red Sea market.
Common questions
Where is Makadi Bay?
On Egypt’s Red Sea coast, south of Hurghada and north of Safaga, within the same eastern coastal market as El Gouna, Sahl Hasheesh and Soma Bay. It is close enough to Hurghada International Airport to be genuinely accessible while sitting outside the town itself.
Is Makadi Bay a good property investment?
Returns depend on unit type, finish and — unusually heavily here — the management arrangement, because most stock sits inside serviced resort environments. The Red Sea corridor often quotes gross rental yields in the high single digits to low double digits, but those are corridor benchmarks rather than Makadi figures. We stress-test assumptions against the specific unit rather than treating the bay as identical to El Gouna or Soma Bay.
What is Makadi Heights?
Makadi Heights is Orascom Development’s master-planned community within Makadi Bay, offering branded residential stock in a managed resort setting. It is the bay’s principal branded master plan, and the one most often compared against the same developer’s El Gouna — a useful comparison, because it is the clearest way to see what Makadi is and is not.
How does Makadi Bay compare with El Gouna or Soma Bay?
Makadi is generally quieter and more accessible on price than El Gouna, which is a full town with the deepest resale market on the coast. Against Soma Bay it is less contained and less golf-and-spa-led. The consistent trade across all three is resale depth against environment: El Gouna gives you the most liquid exit, Soma Bay the most controlled setting, Makadi a middle position at a lower entry point.
How liquid is resale in Makadi Bay?
Thinner than El Gouna or Hurghada, because the market is smaller. That means less comparable evidence when you buy and a narrower buyer pool when you sell, so an exit is more likely to be a negotiation than a market clearing. It is a reason to lengthen your horizon rather than to avoid the bay, and it should be priced in rather than discovered later.
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