Soma Bay

Soma Bay Hurghada

Soma Bay Hurghada is one of the largest and most prestigious tourist projects and villages located in Hurghada, specifically in the Red Sea. The Soma Bay project is one of the projects that will be developed in the future. Soma Bay Hurghada Booking is characterized by an attractive location because it overlooks the sea, because it is surrounded by several natural islands. .

Who is the developer company and all the information about it?

The Olayan Company is the developer of the Soma Bay Hurghada project, and it is a multinational company with a huge volume of investments. Its main headquarters is located in Vaduz and it is its main company. The company has real estate offices in New York, London, Athens, Singapore, Vienna, and the company has many of investments in the Middle East.

The Olayan Group is a multinational enterprise with an actively managed portfolio of global investments. The Group’s primary parent company is headquartered in Vaduz, Liechtenstein. The Group also has international offices in New York, London, Luxembourg, Vienna, Athens and Singapore. The Group’s parent for MENA investments and operations is based in Riyadh.

The Olayan Group is a private company with single family ownership which originated in 1947, when Suliman S. Olayan founded a trucking and supply concern, his first of many pioneering ventures. Mr. Olayan went on to become a leading entrepreneur, international investor, business leader, and philanthropist. The group’s in-house professionals manage a mulli-billion-dollar Investment portfolio. This includes public equity, private equity, real estate, fixed income, credit, and foreign exchange. Public and private equity holdings span diverse sectors including consumer and retail, healthcare, blotch, financial services, energy, and technology.

We can say that Olayan holding is the executing company of the Soma Bay Hurghada project. It is a company founded in the Kingdom of Saudi Arabia almost 70 years ago, established by Suleiman Saleh Al-Olayan and Zahb Olayan.

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The company’s headquarters is located in Vaduz and the company has many branches in several regions such as London, New York, Luxembourg, Vienna and Athens and Singapore.

Olayan Group is divided into the Olayan Holding Company and the Olayan Financial Company.

When we talk about the Olayan Financial Company, it is a portfolio consisting of listed shares,

private companies, and real estate investments. The Olayan Holding Company includes five different sectors such as food and beverages, health, information technology, energy services, and industrial services.

ASDC Management:

Ibrahim El Missiri joined ASDC in 2012 as Director of Development and assumed his current role as CEO at the end of 2014. His responsibilities include managing ASDC and the group of companies which ASDC is a majority shareholder in that are operating in Soma bay on the Red Sea in Egypt. During his tenure, Ibrahim developed the company’s real estate business, restructured the existing hotels physically. Financially & operationally, and established Soma bay as a recognized brand and destination.

Prior to joining ASDC, Mr. Ibrahim was the Regional Business Development Director, CH2MHIl. MENAI (2013). Director of Development. MNHD. (2009 to 2012). Director of Development. North Africa. Limitless [a Dubai World Company] (2008 to 2009) Business/ Commercial and Project Controls Manager Roles across 5 countries, Bechtel, (1994 to 2008)

He graduated from the American University in Cairo in 1994 with B.Sc. in Construction Engineering with High Honors, then he got his M.Sc. Degree from University College London in 1999 in Built Environment.

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Soma Bay

Soma Bay Hurghada, a distinguished project by Olyan Company, and it is one of the largest tourist projects and villages in Hurghada, overlooking the Red Sea with an attractive view.

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Location of Soma Bay:

Glistening on an idyllic peninsula under the Red Sea’s year-round sun, Soma bay is a paradise getaway famed for its clear sapphire waters, white sandy beaches and intricate tapestry of coral reefs, upping its exclusivity factor by mere topography.

Soma Bay is located in the charming city of Hurghada, Hurghada, on Soma Bay Bay, where it is located on the most beautiful beaches of the Red Sea in terms of picturesque nature and pure sea water and surrounded by natural islands

which is distinguished by the beauty of its beaches mixed between the sandy beach and the rocky beach,

where Soma Bay enjoys Soma Bay, with a direct view of the sea, is also famous for its mild weather throughout the year,

so it is one of the most frequented places for visitors and one of the most attractive places for Egyptian tourism,

and it is considered the most distinctive place for diving and swimming in the Red Sea.

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Area of the huge project:

Nestled on 10 million square meters of lush land, life at Somabay is where fantasy-scapes follow you wherever you go and sundrenched activities take infinite elevating forms.

Expertly conceived to evoke a laid-back European feel, every aspect of the heavenly development is sympathetic to nature, painting colorful experiences around its lively marina and soul-soothing jetty, so you can take recharge or decelerate.

Home to 5 luxury resort hotels and a signature portfolio of residential properties, Somabay’s one-of-a-kind settings with its full complement of premium amenities are the stage for incomparable experiences alongside friends and family.

Soma Bay villages

• Bay West
• Bay Central Residence
• Soma Breeze
• Reef Town
• Wadi Jebal and its extension
• Blanca
• Soma Coves
• Mesca Soma Bay

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Mesca Edition Village:

A new benchmark in exclusive luxury, characterized by streamlined architecture that invites heavenly views inside every home. With land area of 107,000 Square meter includes 219 units with variety of types like Apartments, Chalets, Villas, Penthouse

Bay West:

A naturally inspired enclave, inviting its community to revel in new standards of intimate luxury, thanks to a select collection of grand villas with captivating views. About 145 with area of 100,000 Sqm

Blanca Soma Bay:

230,000 Square meter and its includes 602 units – A sleek and contemporary lifestyle experience, drenched in sunshine and mesmerizing bay views, thanks to an exquisite collection of units that capture serene bay living at its best.

Bay Central:

A one of a kind invitation to openly connect with breathtaking nature while enjoy worldclass amenities at your doorstep,

thanks to breathing villas of utmost luxury and chic apartments that dream in all shades of blue.

This phase is 200,000 meter – 144 units – types of: Apartments and villas

Soma Breeze

A contemporary interpretation, combining comfortable living with a signature lifestyle, thanks to an airy collection of expansive apartments that enjoy a shimmering pool, as well as ideal proximity to azure sea views. ( ONLY Apartments )

ReefTown:

An exclusive invitation into a modern town, centered around relaxation and recreation in equal measure,

thanks to elegantly appointed apartments and penthouses catering to contemporary lifestyles.

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Wadi Jebal + Wadi Jebal Extension:

Iconic homes that take it sweeping vistas of lush greenery and crystal clear sea views, promising to elevate new standards in signature living, directly on the bay. ( 165 units – 190,000 meter )

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Soma Coves:

A coveted address, capturing minimalist individuality, thanks to a variety of unit types that capture natural

beauty in absolute harmony with elegant architecture.

Hotels inside Soma Bay:

• Kempinski Soma Bay.
• Cascades soma bay.
• Sharm El Naga Hotel Soma Bay.
• Solymar Hotel.
• Movenpick Soma Bay.
• Sentido Palm Royal.
• Robinson Soma Bay.
• Caribbean World.
• Sheraton Soma Bay Hotel.

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Facilities and amenities in SomaBay:

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• In Soma Bay, Hurghada, there are international hospitals that are equipped with the latest medical equipment and provide all treatments for all diseases.
• Commercial areas with the largest malls that contain the most famous international brands at low and distinct prices for all residents.
• Many green spaces and gardens that give a natural view of the project in addition to the landscape.
• Swimming pools of different sizes, including for women and children.
• Soma Bay is characterized by its fairytale, quiet engineering design and picturesque nature,
• as the residential units in the Soma Bay project are surrounded by landscapes, which attracts many tourists to Soma Bay Safaga Resort.
• Above all Largest golf courses, in addition to sports clubs, a gym, and a spa.
• Marina
• There are 24-hour security systems in the Soma Bay Hurghada project.
• Surveillance cameras for security throughout the day.
• Group of water fountains and artificial lakes.
• Hypermarket with all food commodities.
• There are huge playgrounds for children.
• Also it includes conference halls.
• It also provides medical service throughout the day.
• Quick maintenance is available all day.
• Private garage for each unit.
• Beauty centers.
• All the units have a view to the beach
• Beach front 11 kilo

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Prices and Areas of the units:

• 2 Bedroom gross area 105m with price starts from 4,410,000
• Penthouses area starts from 171 meter – and its price will be 9,940,000
• Villas Semi finished 158 meter and the price for it starts from 10,150,000

Finishing specs:

Chalets and duplexes: Fully finished

Villa: Core and shell

Delivery date:

After 2 or 3 years from the contracting

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To Contact the sales team by calling 01200027090 or through whatsup click here

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