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Marassi Red Sea (Phase 1) vs Siyal (Makadi Heights)

Two projects in Egypt with a handover date on record in 2029, compared on the facts we hold. No verdict.

FactMarassi Red Sea (Phase 1)Siyal (Makadi Heights)
DeveloperEmaar Misr for Development S.A.E.Orascom Development Egypt
AreaSoma Bay / Safaga, Red SeaMakadi Bay, south of Hurghada, Red Sea
StageOff-planOff-plan
Handover date on record20292029
Handover date moved (months)not movednot moved
Permit or licence numbernot publishednot published
Price from, as publishedEGP 11,000,000EGP 22,695,000
Transparency score50 / 10045 / 100
Website domain registerednot publishedFebruary 2018
Last checked10 Nov 202612 Nov 2026

Each value comes from the project page and its sources. Not published means we found no public source.

Data read 12 Nov 2026 from our open files. How the transparency score works · named.json · promises.json

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