Login
7,000,000 EGP

Apartments For sale in The Groove Resort - DM Developments

16 / 1
Apartments.March 3, 2024

The Groove Resort - DM Developments

155 m²

3 rooms

2 bathroom

Super Lux

Share this property

Listing Details

Floor

2

View

Pool

Year Built

2028

Price Per Meter

45,161 EGP/M²

Listing ID

EG-4559205

Listing Description

The Groove Resort is a wonderful village for seasonal vacations or even permanent residence, and it is the first resort in Ain Sokhna to be designed in consideration for people with special needs, ensuring that they have safety and freedom of movement between all areas of the resort, with its facilities and beaches.

Details of The Groove Resort in Sokhna


The project is located on an area of about 350 square meters directly on the Zafarana road, it contains the longest beach between the resorts and hotels in Ain Sokhna with a length of 1 km and the longest tourist walkway with a length of 4000 meters in addition to it is about 35 minutes from the New Administrative Capital.
The project includes 1500 units of various sizes starting from an area of ​​50 square meters, and prices start from 1,000,000 per unit, depending on its location and equipment, and what distinguishes the project is that all of its units overlook the beach.
The value of the project's investments in its first phase is only EGP 500,000,000.
The project includes a hotel within the international hotel chain "Hilton" under the name “DoubleTree”, with investments amounting to EGP 4,000,000,000.

The Real Estate Developer of The Groove project in Ain Sokhna


The owner and executing company of The Groove Ain Sokhna project is DM Development, an Egyptian company established in 2014 to change the concept of modern life and enhance the comfort and recreation of its customers by providing high-end residential units that are distinguished by their attractive, creative designs which are sustainable and environmentally friendly at the same time.
DM Development owns a rich land portfolio of 2,000,000 square meters in many important cities in New Cairo, the North Coast, Ain Sokhna, and the new cities, and it employs about 30,000 employees.

Previous Works of DM Development


Over the past 6 years, DM Development has been able, since its inception, to become one of the largest Egyptian real estate development companies by taking care of the selection of its project location well. The company started its work with the Groove project in Ain Sokhna and intends to launch in the Egyptian market through its land portfolio which includes:-3 plots of land in Ain Sokhna, through which it aims to establish a chain of land for the Grove project-A plot of land in the Fifth Settlement-A plot of land on the northern coast-The Grove site in Sokhna
The Groove Resort is located on Zafarana Road, only 35 minutes from the New Administrative Capital, 45 minutes from the new gates to Cairo and 50 minutes from New Cairo, in addition to its ideal location near the largest water park in the Galala Resort.

Areas of Units in The Groove Compound


-Chalets: it starts from 94 square meters and goes up to 235 square meters-Chalet with garden: It comes with an area of ​​100 square meters, one room, and a bathroom-Townhouse: It comes with an area of ​​250 square meters, 4 rooms, and 3 bathrooms with hotel finishes-Villas: It starts from 255 square meters up to 288 square meters

Types of Housing Units in The Groove Village


The Groove Resort Ain Sokhna has 4 types of units, chalets, chalets with a garden, villas, and townhouses, with hotel finishes and high-quality equipment, in front of the beach.In addition to these units, it has contracted with the Hilton Group of Hotels to establish a DoubleTree Hotel in the Grove project, which is being built with investments of EGP 4,000,000,000 in Ain Sokhna.

Designs of the Groove Ain Sokhna Complex


The Groove Resort was designed on an area of ​​83 acres with a building ratio not exceeding 15% of the total area planned for the project, to make more room for green spaces, services and water bodies.
Each unit has its own view, whether on the sea or the internal water bodies, as the design took into account the water basins in the heart of green spaces as if the entire resort is located on an island in the heart of the sea, which gave it a wonderful advantage, as all its units enjoy stunning landscapes.

Advantages of The Groove compound


-Wonderful design, a panorama of the sea-The privileged location on the plateau of Galala-Proximity to Al Jalalah entertainment city-Diversity of spaces and units-Convenient payment systems-Miscellaneous services-The executing company has a strong reputation in the real estate market

Services of The Groove Ain Sokhna project


-Green spaces distributed to include the entire project-Bodies of water-Swimming pools of all sizes-A tourist walkway extending to 1500 meters-Illuminated artificial lakes-Gym health club, spa, and jacuzzi-A gym that contains playgrounds for all sports-Recreation area-Integrated restaurant area-Commercial and malls area-A luxury hotel with 50 international rooms

Payment Systems at The Groove project


DM Real Estate Development Company has provided 3 payment systems for its customers who wish to move and live in the best resorts of Ain Sokhna and enjoy the sandy beach and clear water throughout the year, and these systems are:-Pay a 5% down payment and install the rest over 6 years.-Pay a 10% down payment and install the rest over 7 years.-Pay a 15% down payment and install the rest over 8 years.