Marina Island by Tuban — Orascom’s New Waterfront Masterpiece in El Gouna [2026 Guide]
Overview
Orascom Development Egypt has officially launched Marina Island by Tuban — the most premium island enclave within El Gouna’s highly sought-after central district. This landmark development introduces a fully integrated, waterfront lifestyle destination to the year-round Red Sea coastal town, marking a new chapter in El Gouna’s 36-year legacy of excellence.
Strategically situated in the heart of Tuban — El Gouna’s most prime and central district spanning over 1 million square meters — Marina Island represents the fullest expression of Orascom’s vision for island living. The development seamlessly blends the tranquility of a secluded island with direct, open-to-sea lagoon access while maintaining immediate connectivity to the vibrant commercial center of the district.
Location
Marina Island is located in the heart of Tuban, El Gouna’s central district, just minutes from:
- Abu Tig Marina — El Gouna’s iconic waterfront hub
- El Gouna Downtown with its restaurants, cafes, and boutiques
- G Valley — the integrated business hub for SMEs and entrepreneurs
- El Gouna Conference & Cultural Center
- El Gouna International Airport (20 minutes)
- Hurghada International Airport (35 minutes)
Project Highlights
- Fully Operational Marina — State-of-the-art facility catering to yachting and marine enthusiasts
- Curated Retail & Dining — Upscale boutique retail spaces and premium waterfront dining venues
- Open-to-Sea Lagoon Access — Direct connection to the Red Sea through internal lagoons
- Distinct Architectural Identity — Designed in collaboration with world-renowned architects including Michael Graves, Alfredo Freda, and Shehab Mazhar
- Integrated Property Management — Orascom Property Management (OPM) and El Gouna Plus for comprehensive services
Unit Types & Pricing
Marina Island by Tuban offers a range of premium residential units:
- Apartments: From 82 sqm to 200 sqm (1-3 bedrooms)
- Townhouses: 150-250 sqm waterfront residences
- Standalone Villas: 200-400 sqm with private gardens
- Penthouses: Top-floor luxury units with panoramic views
All units come fully finished with air conditioning and kitchen cabinets included. Starting prices are approximately $650,000 for townhouses and $1,300,000 for standalone villas, with apartments starting from competitive entry-level prices.
Payment Plans
Orascom Development offers flexible and investor-friendly payment plans:
- Down Payment: 15% at contract signing
- Installments: Quarterly payments over 5 years (0% interest)
- Cash Discount: Up to 14% discount for upfront full payment
- Delivery Date: Q1 2027 (confirmed by CEO)
Investment Potential
Marina Island by Tuban presents a compelling investment opportunity:
- ROI: Up to 20% over two years
- Rental Yields: 6% – 8% annually
- Short-Term Holiday Rental (Gross): 10% – 15% annually
- Long-Term Rental ROI: 7% – 10% annually
- Price Appreciation: Strong growth trajectory in El Gouna’s fastest-growing district
“El Gouna Red Sea was always built around water. That is not a feature of the town, it is its character. Over 36 years, El Gouna has set the standard for residential living on the Red Sea, and Marina Island is the fullest expression of that yet.” — Mohamed Amer, CEO of El Gouna & Managing Director at Orascom Development Egypt
Building on the success of previous launches such as Nuba El Gouna, Fanadir Shores, and North Bay, El Gouna continues to expand its diversified portfolio of lifestyle developments. The town’s commitment to delivering elevated residential experiences is reinforced by strong investment value and distinctive community living concepts.
Further enhancing Marina Island’s integrated living experience, El Gouna offers residents a seamless experience through its two specialized entities:
- Orascom Property Management (OPM): Comprehensive rental and property management services to maximize returns
- El Gouna Plus: Curated interior design, furniture, and lifestyle solutions
FAQ
Q: Can foreigners buy property in Marina Island by Tuban?
A: Yes. Foreign buyers are eligible to purchase property in El Gouna. Orascom Development grants buyers the right to use the area surrounding the building for life, which is inherited with any transfer of ownership.
Q: What is the delivery date?
A: Delivery is scheduled for Q1 2027, as confirmed by Orascom’s CEO.
Q: Are there financing options available?
A: Yes. A 5-year interest-free payment plan is available with 15% down payment.
Q: Can I rent out my unit?
A: Absolutely. Orascom Property Management (OPM) handles short-term and long-term rentals, with estimated yields of 6-8% annually.
Q: What makes Marina Island different from other El Gouna developments?
A: Marina Island is the only fully integrated island in Tuban with its own working marina, direct sea access, curated retail and dining, making it a complete lifestyle destination rather than just a residential project.
Interested in Marina Island by Tuban?
Contact MAMO Property for exclusive previews, pricing, and site tours. Our team of experts will guide you through every step of the purchasing process.
For more information about buying property in Hurghada and El Gouna, read our Essential Guide to Buying Hurghada Property in 2026.
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
