Prices at Coral Coves in Soma Bay start from EGP 18,900,000, with a down payment from EGP 895,000 (5%) and monthly instalments from EGP 177,135 over 8 years. Last data update: 31 August 2026.
Starts from
18,900,000 EGP
Delivery
—
Types
Apartment, Chalet, Villa
Down payment from
895,000 EGP
Installment from
177,135 EGP
Approx. rental return
7% · estimated average
Payment plan
96 month
Data last updated:Prices and availability may change at the developer at any time.
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Units
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Unit types and their areas. Price columns are locked.
Type
Bedrooms
Area
Price
Down payment
Monthly installment
Apartment
2 bd
100, 105, 110, 115 sqm
Apartment
3 bd
170 sqm
Chalet
2 bd
120–135 sqm
Chalet
3 bd
130 sqm
Villa
3 bd
130, 180, 210 sqm
Sample units and their feasibility
Two units from the project, rotated weekly. Rent and return figures are estimates.
Apartment
Area
115 sqm
Bedrooms
2
Price
21,900,000 EGP
Down payment
1,095,000 EGP5%
Instalment
216,719 EGPmonthly
Instalment period
8 years
Expected monthly rent
127,750 EGP
Approx. rental return
7%estimated average
Net rental return
6.09%
Payback from rent
16.4 years
Rent covers of instalment
51.28%
Chalet
Area
135 sqm
Bedrooms
2
Price
30,600,000 EGP
Down payment
1,530,000 EGP5%
Instalment
302,813 EGPmonthly
Instalment period
8 years
Expected monthly rent
178,500 EGP
Approx. rental return
7%estimated average
Net rental return
6.09%
Payback from rent
16.4 years
Rent covers of instalment
51.28%
Frequently asked questions
How much are units in Coral Coves?
Prices start from EGP 18,900,000. By type: Apartment from EGP 17,900,000, Chalet from EGP 26,500,000, Villa from EGP 41,000,000.
What is the payment plan at Coral Coves?
Down payment from EGP 895,000 (5%), instalments over 8 years.
What is the lowest monthly instalment at Coral Coves?
Monthly instalments start from EGP 177,135.
What is the expected rental return at Coral Coves?
About 7% a year (an estimated area average).
Where is Coral Coves?
Coral Coves is in Soma Bay, Hurghada.
Who is the developer of Coral Coves?
Coral Coves is developed by Somabay.
About the project
Coral Coves is a refined coastal neighborhood by Somabay Developments. Designed to offer an elevated Red Sea lifestyle, the project blends modern architecture with serene natural surroundings, creating a destination ideal for both relaxation and investment. Located along one of Egypt’s most prestigious seaside destinations, Coral Coves Somabay grants residents direct access to pristine beaches, turquoise waters, and a wide array of premium amenities. From leisure facilities to wellness experiences, every element is carefully curated to deliver a luxurious yet laid-back living experience by the Red Sea. Coral Coves Somabay Location Strategically located in Soma Bay , Red Sea, Coral Coves enjoys seamless connectivity to major cities and coastal destinations, making it a highly accessible getaway and investment hotspot. It is: Around 4 hours from Cairo Approximately 45 minutes from Hurghada Close to El Gouna within about 1 hour 6 to 7 hours from Alexandria Furthermore, Somabay is approximately 20 minutes from Hurghada International Airport. Neighborhoods Near Coral Coves Soma Bay Coral Coves Somabay is surrounded by some of the most upscale communities within Soma Bay. They include: Soma Coves Mesca Soma Bay Bay West Coral Coves Somabay Master Plan & Facilities The master plan of Coral Coves Somabay reflects a harmonious integration of architecture, landscape, and sea views. The layout is carefully designed to maximize privacy while ensuring uninterrupted vistas of the Red Sea from most units. Residents benefit from a thoughtfully planned environment that prioritizes open spaces and coastal living. The Coral Coves master plan outlines the following: Expansive landscaped areas and scenic walking paths Jogging and cycling paths Lagoon-style water features enhancing the coastal ambiance Community hubs designed for social interaction and leisure Carefully distributed residential clusters for privacy and exclusivity Pristine beachfront with many activities Recreational facilities for adults and kids Moreover, Somabay Developments equipped the neighborhood with outstanding services. They include, but are not limited to: Concierge and property management services 24/7 security system CCTV surveillance cameras Parking areas These features position Coral Coves Somabay as a self-sufficient coastal destination, ideal for both those who are looking for a smart investment by the Red Sea and long-term residents. Properties in Coral Coves Somabay Coral Coves Somabay exhibits a luxurious collection of properties for sale. They vary between: Apartments Chalets Villas They are designed to cater to diverse preferences, combining contemporary design with breathtaking sea views. Each unit is crafted to reflect elegance, functionality, and a strong connection to the surrounding environment. They have different designs, features, sizes, and price rates. Properties exhibit stylish interiors and have modern layouts. They have efficient space utilization without compromising comfort. The architectural style emphasizes open spaces, terraces, and seamless indoor-outdoor living. Perks of Owning Your Unit in Coral Coves Buying your Red Sea house in Coral Coves Somabay comes with a range of advantages that go beyond owning a vacation property. It represents a strategic opportunity in one of Egypt’s fastest-growing coastal markets. known for delivering integrated resort communities along the Red Sea. The company focuses on creating destinations that combine luxury, sustainability, and world-class infrastructure. With a strong track record of successful projects in Soma Bay, the developer has established credibility through consistent quality, innovative designs, and long-term value creation. Its projects are carefully planned to meet international standards, making them attractive to both local and global investors. Soma Bay, Hurghada Soma Bay, located near Hurghada , is one of Egypt’s most prestigious Red Sea destinations. The peninsula is known for its crystal-clear waters, sandy beaches, and vibrant marine life, making it a hotspot for tourism and real estate investment. It is home to luxury neighborhoods, golf courses, spas, and water sports facilities, offering a fully integrated lifestyle experience. Some of its luxurious real estate projects are: Reef Town Wadi Jebal Soma Bay Golf Town - Marina Edition
Compared with 25 projects recorded in Soma Bay.
Coral Coves Units and Areas
The project offers Apartment, Chalet, Villa, with areas starting from 100 m². Unit areas range from 100 to 210 m².
Coral Coves Unit Types and Handover
The project offers Apartment, Chalet and Villa, with 2 to 3 bedrooms, and handover running between 2029 and 2030.