North Bay

###North Bay, El Gouna

Sprawling over a total land area of 440,000 sqm and home to a central lagoon measuring 140,000 sqm, the iconic neighborhood has been designed to flow effortlessly. The lagoon is a sight that leaves an indelible impression; a spectacular focal point and landmark that merges harmoniously with the surrounding natural beauty. The water body is linked to and allows direct boat access, to the neighboring Ancient Sands phase four and Ancient Hill waterways, which in turn connect seamlessly to the sea. Maritime adventures are encouraged here. Each North Bay property is a powerful reminder of the beauty that life has to offer, where every detail contributes to a sense of serenity and well-being. Here, memories are etched forever in the sands of time and homes are redefining the way we experience and interact with our living spaces.

###Orascom Development, The Real Estate Developer of El Gouna

Orascom Development Holding (ODH), the Group holding company headquartered in Switzerland, is a leading developer of fully integrated destinations; featuring hotels, private villas and apartment compounds, leisure facilities, outdoor offerings such as golf courses and marinas, and all necessary infrastructures. Over several decades ODH has developed many global destinations. The company’s diversified portfolio of destinations is spread over seven countries; Egypt, Switzerland, Montenegro, Oman, UAE, United Kingdom, and Morocco. The Group currently operates ten destinations; five in Egypt (El Gouna, Makadi Heights, Taba Heights, Byoum, and O West), The Cove in the United Arab Emirates, Jebel Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro and Andermatt in Switzerland. Orascom Development is listed in the SIX Swiss Exchange. ODH owns a land bank of 101 million sqm and 33 hotels, totaling 7,182 rooms. Orascom Development Egypt (ODE) a subsidiary of ODH is an integrated developer of resort towns in Egypt. ODE currently owns a land bank of 49.9 million sqm distributed over five Destinations; El Gouna on the Red Sea Coast, Taba Heights in the Sinai Peninsula Makadi Heights in the Red Sea district, O West in Cairo, and Byoum in Al Fayoum.

###Location of North Bay Neighborhood

Nestled along Egypt’s Red Sea coastline, El Gouna presents opportunities for those seeking cosmopolitan, seaside living and the exclusivity of a self-contained community El Gouna is a Red Sea coastal destination that encourages relaxed resort-like sophistication. Offering a unique leisure destination brimming with inspiring possibilities. Investing in the El Gouna way of life guarantees a future filled with the best experiences life has to offer: quality time with loved ones, more time for favored leisure activities, exceptional gastronomic experiences, and the chance to become an active part of El Gouna’s sophisticated, multinational, and child-friendly community.

###Services and Facilities in North Bay, El Gouna

El Gouna Facilities:

• Hospital
• Golf course
• Hotels
• Spas
• Banks
• Restaurants
• Water sports
• Diving
• Windsurfing
• Kite surfing
• Parasailing
• Snorkeling
• Beaches
• Swimming pools
• Private Parking
• Cleaning and Maintenance Services
• Security

###Payment Plans in North Bay Resort, El Gouna

• 15% down payment, equal installments over 5 years