PRESSR: Orascom Development brings El Gouna’s Red Sea Lifestyle to the UAE with Fanadir Shores and North Bay launches

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Dubai, UAE – Orascom Development, a global leader in creating vibrant, integrated destinations across Europe, the Middle East, and North Africa, shone a spotlight on El Gouna, its stunning coastal town on Egypt’s Red Sea, at a recent visit to the UAE. During the trip, El Gouna introduced its latest waterfront real estate projects, Fanadir Shores and North Bay, featuring private luxury living, at an exclusive evening reception ahead of the 4th Annual Private Wealth Middle East Forum, where the town was a Platinum Sponsor. With an exclusive offering of just 57 units, Fanadir Shores provides privacy with direct access to the shores of the Red Sea with a private open lagoon for boats, while North Bay features more spacious living offerings, bringing effortless marina living to life. Delivery of units is set in two years’ time.Contributing to El Gouna’s reputation as a vibrant, integrated town offering a cosmopolitan lifestyle, Fanadir Shores, its latest project, is designed to elevate the town’s premium residential offerings. The new development delivers on Orascom Development’s promise of ’life as it should be’ and caters to the evolving needs of its growing community. Located on El Gouna’s most premium shoreline adjacent to the 80-berth Fanadir Marina, next to the prestigious La Maison Bleu Boutique Hotel, Fanadir Shores offers a fresh take on seafront living. The development features seven buildings with spacious 2- to 4- bedroom apartments, averaging 220 sqm, featuring ocean views and designed for sustainable and luxury living.For those looking for more spacious living, North Bay is the town’s latest neighborhood with their newly launched phase ‘Highland’, primely located with open-to-sea lagoons and private boat docks for. The development offers a variety of single-family standalone villas, duplexes and penthouses with iconic design by the world-renowned architect Victor Legorreta, and prices starting at $1.8M for standalone units with a BUA of 245 sqm, going up to $3.2M for units with a BUA of 390 sqm. This project is exclusively launching ‘The Pavilion’, a thoughtfully designed public space in North Bay encouraging events and community gatherings, designed for community-centric living.Over the past 35-plus years, Orascom Development has grown into a leading multinational developer of prime destinations across Europe, the Middle East, and North Africa. ...

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