Marina Island by Tuban Launches in El Gouna — Orascom’s Most Premium Waterfront Enclave with 20% ROI
Orascom Development Egypt has officially launched Marina Island by Tuban, positioned as 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.
A Waterfront Destination in the Heart of Tuban
Strategically situated in the heart of Tuban, Marina Island marks a significant milestone in El Gouna’s evolving master plan. The project blends high-end residential living with a fully functional marine infrastructure, including a state-of-the-art yacht marina with berthing facilities, support services, and waterfront amenities.
World-Class Architecture
The architectural design honours El Gouna’s 36-year legacy, featuring work from legendary architects including Michael Graves, Alfredo Freda, and Shehab Mazhar. The development includes curated boutique retail and premium waterfront dining venues.
Strong Investment Returns
- Projected ROI up to 20% over 2 years
- Estimated rental yields between 6% and 8%
- Full property management by Orascom Property Management (OPM)
- Bespoke interior design services via El Gouna Plus
What This Means for Investors
Mohamed Amer, CEO of El Gouna and Managing Director at Orascom Development Egypt, stated: “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.”
Marina Island follows the strong market reception of previous El Gouna launches including Nuba El Gouna, Fanadir Shores, and North Bay. For investors seeking premium Red Sea real estate with professional management and strong returns, this represents one of the most compelling opportunities in 2026.
Contact MAMO Property for exclusive previews: wa.me/201152980998
Source: Orascom Development Egypt, INTLBM (May 2026)
❓ Frequently Asked Questions
Is buying property in Hurghada a good investment in 2026?
Yes. Hurghada offers lower entry prices (€30,000–€150,000) than competing Mediterranean destinations, year-round tourism demand, and average rental yields of 7–10% net.
Can foreigners buy property in Hurghada?
Yes. Foreigners can own freehold property in Hurghada, Sahl Hasheesh, El Gouna, and Makadi Bay under Egyptian law. MAMO Property assists with the full legal process.
What is the minimum budget for an apartment in Hurghada?
Studios start from €30,000, one-bedroom apartments from €50,000, and two-bedroom apartments from €80,000, depending on the area and finishing level.
How does MAMO Property help international buyers?
MAMO Property offers direct partnerships with 20+ Red Sea developers, verified pricing, residency-by-investment support, and after-sale property management — all with no commission for buyers.
What areas around Hurghada are best for investment?
Sahl Hasheesh and El Gouna command premium positioning and higher appreciation; Sahl Hasheesh, Al Mamsha, and Intercontinental District offer strong short-term rental yields; Magawish and El Kawther deliver the best value for entry-level buyers.
🏖️ Talk to a Hurghada Property Expert
MAMO Property has direct partnerships with 20+ developers across the Red Sea coast. Get a personalised shortlist, verified pricing, and ROI projections for your budget — no commission, no obligation.
📞 WhatsApp: +20 115 298 998
📧 info@mamoproperty.com
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
