Business
ZAWYA: El Gouna Red Sea launches Nuba El Gouna, a fully serviced living experience by Orascom Property Management
ZAWYA: El Gouna Red Sea launches Nuba El Gouna, a fully serviced living experience by Orascom Property Management

About this update from Orascom Development Egypt (s.a.e)
El Gouna, Egypt: El Gouna Red Sea, the premium town developed by Orascom Development in Egypt and one of the Middle East’s most prominent Red Sea destinations, has announced the launch of its latest residential project, 'Nuba El Gouna', the town’s first fully serviced apartments. Fully managed by Orascom Property Management (OPM), the project delivers a seamless, end-to-end ownership journey. From operations and maintenance to furnishing and rental management, every detail is professionally handled, offering homeowners a fully equipped, ready-to-live and ready-to-rent solution, presenting a compelling investment opportunity with strong, consistent income potential.At its core, Nuba El Gouna is thoughtfully designed, bringing together hospitality, wellness, and everyday convenience to create a refined, balanced lifestyle experience.The project is not only attractive from an investment perspective but also stands out for offering two distinct advantages: a fast delivery timeline and a thoughtfully designed lifestyle experience. With a delivery period of just two years, it allows homeowners to benefit from early utilization and value realization.Meanwhile, it introduces a fully integrated wellness concept at its core, featuring a signature sandy pool, alongside a comprehensive wellness ecosystem that includes a 24/7 concierge and reception, housekeeping, spa and wellness facilities, a fully equipped gym, a dedicated yoga area, and landscaped courtyards, co-working lounge, all designed to promote a balanced lifestyle centered on relaxation and wellbeing.The project is centrally positioned in El Gouna, between West Golf, West Villas and North Golf. Its proximity to Downtown El Gouna adds significant value, offering a central and easily accessible location. The project introduces a new residential concept that combines hotel-style wellness amenities with fully serviced living.The project is part of El Gouna’s broader growth momentum, with business development in 2026, marking another milestone in the town’s continued expansion as one of the Red Sea’s most distinctive residential destinations.Commenting on the launch, Mohamed Amer, CEO of El Gouna, Executive Board Member at Orascom Development Egypt, said: ""Nuba El Gouna" is a natural next step in the town’s journey, one shaped by how closely we listen to our community and respond to the way people choose to li...
View stock analysis, news, and events for Orascom Development Egypt (s.a.e)