Investing in Lazuli Hurghada: Magawish Bay Apartments by REKAZ

Lazuli (also marketed as Lazuli Hurghada, Village Lazuli Hurghada, LAZULI Hurghada, or Lazuli Hurghada Village) is a REKAZ Developments (Rekaz Developments) residential project in Magawish Bay (مجاويش), Hurghada. The Russian property overview on mamoproperty.ru describes a gated community of about 40,000 m², 255 apartments, townhouses and penthouses across 12 layout types, a 3,000 m² clubhouse, a freshwater lagoon with boardwalk, fully finished freehold units, and handover in Q4 2027. The same page places the scheme on Touristic Promenade Road / Sahl Hasheesh Road between Senzo Mall and Sahl Hasheesh — minutes from Hurghada airport on the travel-time table (~15 minutes).

This guide is for buyers investigating Magawish Bay apartments, apartment for sale stock and Hurghada real estate as an investment opportunity or remote-buy lifestyle asset — not an El Gouna first-tier pitch, not a Sahl Hasheesh beach-row brochure, and not a guaranteed-yield promise. MAMO’s qualitative map places Magawish in a middle demand tier (with Intercontinental / Memsha; below El Gouna, Sahl Hasheesh, Makadi or Soma Bay). Lazuli is not marketed as first- or second-row beachfront. Read the facts, reconfirm current availability and EGP pricing with MAMO, then decide.

The live project page on mamoproperty.ru remains the current detailed overview: Lazuli — mamoproperty.ru. Ask MAMO for the matching English mamoproperty.com project page when you need it.

Hurghada real estate market context for Lazuli (2026)

Hurghada real estate on the Red Sea coast / Red Sea coast of Egypt remains a focus for foreign investors researching investment opportunities, investment in Hurghada, and property investment in Egypt’s tourism / booming tourism sector. This 2026 guide treats Lazuli Hurghada as a researched candidate in the Hurghada property / property market / hurghada’s property market — a prime investment only if the unit maths work, not a brochure promise of high rental demand locked in advance.

Competitor pages sometimes brand Lazuli as if it sat inside Sahl Hasheesh, or list properties for sale in Hurghada / sale in Hurghada next to unrelated beachfront properties. MAMO places Lazuli in Magawish Bay on the road toward Sahl — convenient to Senzo Mall, not a substitute for Sahl’s top-tier demand. Always match the developer list, not a Facebook caption or a generic rook development competitor page.

Rental yield / rental income discussion stays honest: city-wide typically 7–12% depending on project and area, never guaranteed. Do not confuse marketing language with a locked return on investment. Ask for unit-level rent maths. Property prices / property value on the RU overview are display EGP/RUB; as of 24 Oct 2026 no dated Lazuli price PDF is on file is available in Drive — treat every figure as provisional until a dated developer price PDF is on file.

Coastal / coastal living here means Magawish access near Senzo Mall and a short drive to Sahl Hasheesh, Makadi Bay and Hurghada International Airport — not an automatic beachfront / beachfront living / first-sand-row claim. Sandy beaches and crystal-clear waters are Red Sea regional features; they do not make Lazuli a 1st/2nd beach-row product. Lazuli is in Magawish Bay, not in the Sahl Hasheesh district, and is not marketed as first- or second-row beachfront.

Compared with El Gouna and Sahl Hasheesh, Magawish sits in a middle tier of the Hurghada real estate market. That can still suit rental / rental property and personal-use buyers who want amenities / amenity density (resort facilities, clubhouse, lagoon, gym/SPA) and swimming pools — verify pool/lagoon access on the unit you reserve. Year-round sun / year-round sunshine supports seasonal vacation rental demand; it is not a yield guarantee.

Project overview: Lazuli as a Magawish Bay property

Lazuli Hurghada combines apartment living with resort-style shared facilities for everyday living. For real estate investment / investing in Hurghada real estate research, treat it as a Magawish Bay / coastal properties choice: mall access nearby, hotel density along the Red Sea, and off-plan timing toward late 2027. The tourism sector along the Red Sea / Red Sea region / near the Red Sea supports seasonal holiday home demand, but return on investment and rental yield stay framed as city-wide 7–12%, never guaranteed.

Buyers comparing Hurghada apartments, apartment in Hurghada, apartment for sale, properties in Hurghada, and other egyptian real estate / real estate projects should lock unit, type and EGP prices before any EOI. If you want to buy property in Hurghada, buy in Hurghada, or complete buying property remotely, MAMO shares video, papers and contract — then you pay the developer direct. The RU page shows display prices — useful for orientation, not a substitute for a confirmed EGP quote. Prefer the right property for your budget and lifestyle over brochure luxury living claims.

Lazuli at a glance: key facts for investors

Detail	Per Russian overview (fetched 26 Oct 2026, Africa/Cairo)
Project	Lazuli (alias Lazuli Hurghada Village / LAZULI)
Developer	REKAZ Developments
District	Magawish Bay (Touristic Promenade Road / Sahl Hasheesh Road)
Coordinates	27.0780, 33.8470
Land / units	40,000 m² · 255 units · 12 layout types
Types / areas	Studio · 1 bedroom · 2BR · penthouses · townhouse · ~35.5 m² up to ~210 m² total with roof
Display price (RU)	Studios from 2,737,500 EGP (≈ 4,708,500 ₽) — no dated developer price PDF is on file yet
Handover	Q4 2027 (fully finished)
Ownership	Freehold
Plans	Flexible payment: 10% + 5 years · 20% + 6 years · cash discount
MAMO buyer commission	0% developer / 2.5% resale

Beach-row note: Lazuli is in Magawish Bay and is not marketed as a 1st- or 2nd-beach-row or beachfront home. Confirm lagoon vs private-beach amenity wording and any sea views for the specific unit with MAMO.

Location: Magawish Bay (honest district context)

Magawish Bay is the coastal strip past Senzo Mall on the road toward Sahl Hasheesh — malls, hotels and leisure in the city of Hurghada / Hurghada Egypt, with the airport a short drive away. On the RU overview: Senzo Mall ~4 minutes; Sahl Hasheesh ~8 minutes; Grand Aquarium ~10 minutes; city centre ~12 minutes; airport ~15 minutes (minutes from Hurghada airport); Makadi Bay ~20 minutes.

Investment honesty: middle-tier Magawish investment potential can work for holiday rentals and personal use, especially with Senzo Mall nearby for everyday living. It is not the same demand tier as El Gouna or Sahl Hasheesh, and it is not interchangeable with unrelated Oro Beach or other unrelated beachfront properties in search results. Compare property options and areas on best areas to invest in Hurghada and browse Hurghada property. Hurghada offers a range of residential and commercial properties; Lazuli is one Magawish option — not “best real estate” as a slogan.

Unit types and prices (as on the MAMO RU overview)

Display bands (RU, 26 Oct 2026)

Band	Display from (RU)
Studios	2,737,500 EGP (≈ 4,708,500 ₽)
1 bedroom	from ≈ 4,781,000 ₽
2 bedrooms	from ≈ 5,203,000 ₽

FX note on the RU page: about 1 EGP ≈ 1.72 ₽. There is no dated Lazuli price PDF on file — reconfirm every figure before EOI. This is not a full cost breakdown of taxes, notary, furnishing or management — ask MAMO for the current calculation.

Layout families (overview)

Studios C1/C2 (~35.5–36.5 m²); 1 bedroom condos and apartments (C3–C6, A1/A4/A6); 2BR condos and apartments (C7–C14, A2/A3/A5) including penthouses with roof areas; townhouse inventory is listed in the 255-unit mix on the RU page. RU cites REKAZ brochure pages 29–38 and notes areas may vary ±5%. Modern designs / modern apartments language belongs to marketing — inspect finishes on the reserved unit.

Amenities, lagoon and clubhouse

RU / master-plan language: clubhouse ~3,000 m² (café/restaurant, business centre, gym & SPA, paddle tennis, pool, VIP lounge); freshwater lagoon + boardwalk; private outdoor space per unit; marketing mentions optional private pool / jacuzzi / deck on outdoor areas; hotel and commercial drive-thru on the master plan. Confirm what is delivered vs pipeline. Shared swimming pools, resort facilities and nearby shopping centers (Senzo) support daily living — they are not a yield promise. Treat villa-style outdoor living claims carefully: Lazuli’s mix is apartments, condos, penthouses and townhouses, not a pure villa estate.

Payment plans and remote purchase with MAMO

Plan	Terms (RU overview)
A	10% down · 5 years instalments
B	20% down · 6 years instalments
Cash	100% with discount (confirm %)

These are flexible payment plans / flexible payment options as shown on the RU overview — not a bank loan product. Payment plans must be reconfirmed against the current REKAZ offer (no dated developer price PDF is on file yet).

Remote buy with MAMO (real estate agency path): video of units, papers and contract shared remotely; buyer pays REKAZ directly (0% buyer commission on developer stock). Foreigners can legally purchase freehold in designated Red Sea areas subject to Egyptian law — MAMO’s legal review path works with Ahmed El-Bedihy. GOEIC broker registry 200001681. After handover, optional furnishing (separate) and rental management at 25%. Resale commission 2.5%. Owning property through this path still requires confirmed prices before EOI.

Investment angle: yields, Magawish tier, and who this suits

If you want to invest in Hurghada / complete investing in property here, MAMO discusses rental yield only as typically 7–12% depending on project and area, never guaranteed. Magawish is middle tier — suitable for buyers who want mall access and mid-tier entry pricing relative to Sahl Hasheesh / El Gouna, and who accept that Lazuli is not marketed as first- or second-row beachfront. Foreign investors and expats researching vacation homes / holiday home / investment properties / investment destination stock should ask for unit-level rent maths, not brochure ROI widgets. An opportunity for property investors exists only after you lock unit, view and EGP price — not from marketing boom language alone.

Who it may suit: remote buyers wanting freehold off-plan toward Q4 2027; studio investors who accept Magawish middle-tier demand; families wanting larger 2BR / penthouse outdoor space. Who should pause: anyone insisting on 1st/2nd beach-row or a beachfront guarantee, anyone needing confirmed prices today, anyone expecting El Gouna-level rental demand or vibrant coral reefs marketing as a yield proxy.

About REKAZ Developments

Per the RU overview: founded 2016, linked to architectural office DARA (cited from 2003); four architecture awards listed on the page; Hurghada and Cairo offices; hotline 16506; rekazltd.com. Construction status on the page: under construction toward Q4 2027.

Why buy Lazuli through MAMO Property

MAMO Property is Hurghada’s online investment supermarket — 17+ years since 2009 (Eng. Mohamed Naguib & Eng. Mahmoud Ahmed). Management-first trust: many clients meet MAMO as a holiday-rental / hotel-unit manager first, then ask where to invest in Hurghada. Full chain: buy → optional furnish → rent → owner payout. 0% buyer commission on developer projects. Yields only as ranges, never guaranteed. Against generic horizon real estate / competitor landscape in Hurghada pages, MAMO’s differentiator is management-first remote buy with verified contacts — not brochure occupancy claims.

Frequently asked questions

Where is Lazuli in Hurghada?

Magawish Bay, Touristic Promenade Road / Sahl Hasheesh Road, between Senzo Mall and Sahl Hasheesh (coords 27.0780, 33.8470 on the RU overview). Not a 1st/2nd beach-row brief. Nearby destination access includes Senzo Mall, Sahl Hasheesh and the airport — still Magawish, not Sahl proper.

Who is the developer of Lazuli?

REKAZ Developments.

What is the handover date?

Q4 2027, fully finished, per the RU overview — reconfirm with MAMO.

What are starting prices?

RU display (26 Oct 2026): studios from 2,737,500 EGP (≈ 4,708,500 ₽); 1 bedroom from ≈ 4,781,000 ₽ on the short description. No locked price PDF on file yet — ask for the current calculation.

What payment plans does REKAZ offer?

Flexible payment plans: 10% + 5 years, 20% + 6 years, or cash with discount. Freehold.

Can foreigners buy remotely, and can MAMO manage the rental?

Yes. Remote buy with video/papers/contract; pay the developer directly. Optional MAMO rental management at 25% after handover/furnishing.

Ask about available Lazuli units

• WhatsApp: +20 11 52980998
• Email: inquiry@mamoproperty.com
• Chat with Maya (AI assistant)
• Russian overview: Lazuli Hurghada
• English project overview: Lazuli — Magawish Bay
• Hub: Hurghada property