The Waterway North

Developer History: The Waterway Developments

The Waterway Developments, founded in 2010 by Eng. Ahmed El Swedy and Eng. Hossam Hassan, is a hallmark of ultra-luxury real estate in Egypt. Backed by the industrial strength of El Swedy Electric, the developer has carved out a niche for "Boutique Excellence," focusing on high-quality construction and high-yield investment assets.

• Signature Style: Known for their distinctive modern-minimalist aesthetic, glass-heavy facades, and meticulous facility management.
• National Expansion (2026): By early 2026, the company has successfully delivered several phases of its New Cairo portfolio and is now focusing on mega-projects in Mostakbal City and Ras El Hekma.
• Key Portfolio:
• The Waterway New Cairo: The project that set the benchmark for luxury lifestyle hubs.
• 5A Administrative: Cairo’s most prestigious business address on the Ring Road.
• WBR1 & W Signature: Branded residences that offer hotel-grade services for private homeowners.
• The View (New Cairo): A massive residential and business hub currently under development.

Project Details – The Waterway North Coast

The Waterway North Coast is an elite beachfront sanctuary spanning 124 acres in the Al Dabaa region. It is designed to offer a "Zen-inspired" retreat, where contemporary architecture meets a sprawling aquatic landscape.

• Low-Density Master Plan: The project features a remarkably low footprint, with only 17% built-up area. The remaining 83% is a tapestry of greenery, crystal lagoons, and over 10 swimming pools.
• Unit Types & Sizes (2026 Update):
• Chalets (Phase 2 & Courtyard Homes): Range from 80 m² to 185 m².
• Duplexes: Approximately 160 m² to 165 m².
• Townhouses: Typically 275 m².
• Twin Houses: Starting from 310 m² to 320 m².
• Standalone & VIP Villas: Expansive homes ranging from 437 m² to 490 m².
• Finishing: All units are delivered Fully Finished with ACs and Kitchen Cabinets to a "Super Lux" standard.
• Delivery Status: Phases are currently under construction with delivery targets starting in late 2026 to mid-2027.

Project Location

The resort is strategically located at Kilometer 173 on the Alexandria–Marsa Matrouh Road, positioning it in the "New Luxury Zone" of Al Dabaa.

• Prime Proximity:
• 20 minutes from New Alamein City.
• 19 minutes from El Dabaa Hospital.
• 30 minutes from the Rixos Hotel.
• 1 hour 50 minutes from Borg El Arab Airport.
• Strategic Neighbors: It is situated in a high-profile neighborhood near La Vista Bay, D-Bay, and the recently announced Southmed mega-project.

Facilities & Amenities

The resort is built to provide an uninterrupted, 5-star summer experience:

• The Beachfront: A 540-meter private sandy beach with a dedicated Beach Clubhouse featuring luxury lounges and sea-view dining.
• Water Features: Expansive swimmable crystal lagoons, infinity pools overlooking the Mediterranean, and separate pool clusters for each residential phase.
• Hospitality: An on-site Five-Star Hotel and serviced apartments providing concierge and housekeeping services to homeowners.
• Commercial & Social: A world-class Commercial Hub featuring the same high-end F&B brands found in their New Cairo projects, plus a second Main Clubhouse and an Outdoor Cinema.
• Wellness & Sports: Fully equipped gym, spa, multi-use sports courts, and scenic cycling/jogging tracks.

Quick Investment Facts (2026)

• Pricing Snapshot: As of early 2026, prices reflect the exclusivity of the Al Dabaa/Sidi Abdelrahman zone:
• Chalets: Starting from approximately EGP 14,800,000.
• Townhouses: Starting from approx. EGP 40,800,000.
• Twin Houses: Starting from approx. EGP 48,000,000.
• Standalone Villas: Range from EGP 74,000,000 to over EGP 250,000,000 for frontline sea units.
• Payment Plans:
• 5% Down Payment with installments over 7 years.
• 10% Down Payment with installments over 6 years.
•