The project, named Montage Ras El Hekma, will feature 200 guestrooms and suites alongside 96 branded residences available for purchase within the wider Ras El Hekma master development on Egypt’s Northern Coast.
The resort will include beachfront swimmable lagoons, a Spa Montage facility with 13 treatment rooms, six dining venues, retail areas, event spaces and an owners’ clubhouse designed for residents. The branded residences will consist of villas ranging from three to six bedrooms located within Wadi Yemm, the first precinct of the Ras El Hekma development to enter active delivery.
Bill O’Regan, Group Chief Executive of Modon Holding, said the partnership aligned with the company’s plans to position Ras El Hekma as a Mediterranean destination focused on tourism, lifestyle and long-term investment value.
Montage International Founder and Chief Executive Alan Fuerstman described the Egypt launch as a milestone in the hospitality group’s international expansion plans. The project marks the start of a broader partnership between Modon and Montage, with the companies indicating potential future collaborations across other Modon destinations.
Ras El Hekma is being developed as a mixed-use coastal city spanning 44 kilometres of Mediterranean coastline and covering 170.8 million square metres. The masterplan includes residential districts, tourism infrastructure, marinas, cultural venues, a business district and transport links connecting the destination by road, sea and air.
The $35 billion development is expected to attract $110 billion in investment by 2045, contribute around $25 billion annually to Egypt’s gross domestic product, and generate approximately 750,000 jobs upon completion, according to project estimates.
The announcement follows Modon’s strong performance in Abu Dhabi, where the developer recently sold out Tara Park with AED2 billion in sales, reflecting sustained investor confidence in the emirate’s property sector.
