Orascom Launches Marina Island by Tuban — El Gouna’s Most Premium Island Enclave (2026)
Orascom Launches Marina Island by Tuban — El Gouna’s Most Premium Island Enclave (2026)
Orascom Development Egypt has officially launched Marina Island by Tuban, the most premium island enclave in El Gouna’s rapidly growing central district. The landmark development introduces a fully integrated waterfront lifestyle destination centred around a working marina, marking a new chapter for Egypt’s most prestigious Red Sea resort town.
The project is located in the heart of Tuban, El Gouna’s largest and fastest-growing district spanning over 1,000,000 m². Marina Island combines secluded island living with direct open-to-sea lagoon access, while maintaining seamless connectivity to Tuban’s commercial centre, El Gouna Hospital, parks, Abu Tig Marina, Downtown, and world-class golf courses — all within minutes.
Property Types & Pricing
Marina Island by Tuban offers a range of residential formats from compact apartments to luxury villas, delivered with full finishing including air conditioning and fitted kitchens:
- Marina Apartments (82–114 m²): From €142,000 — ideal entry point for investors
- 1-Bedroom Lagoon View (~110 m²): From €317,000
- Townhouse Type A (113 m², 2–3 BR): From €563,000
- Townhouse Type B (162 m², 3 BR): From €842,000
- Townhouse Type C Premium (207 m², 4 BR): Price on request
- Standalone Villas (200–400 m²): From €1,125,000
Payment Plan & Delivery
- Down payment: 15% on signing
- Instalments: 0% interest — equal quarterly payments (~3.95% each) over 5 years
- Delivery: Q1 2027 — construction on schedule per Orascom management
Architecture & Design
The development honours El Gouna’s 36-year architectural legacy, designed by a consortium of internationally renowned architects including Michael Graves, Alfredo Freda, Shehab Mazhar, Héctor Barroso, and master planners EDSA (USA). The result is a distinct architectural identity that blends contemporary island living with El Gouna’s signature water-centric character.
Investment Highlights
- Capital growth: Up to 20% over two years (track record from previous Orascom launches Nuba, Fanadir Shores, North Bay)
- Rental yield: 6–8% annually; up to 10–15% in peak season (October–May)
- Professional management: Orascom Property Management (OPM) handles full rental cycle; El Gouna Plus provides interior design, furniture, and lifestyle services
Mohamed Amer, CEO of El Gouna and Managing Director at Orascom Development Egypt, commented: “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. This isn’t just a residential launch; it is a living, breathing waterfront district with a working marina, curated dining, and architecture that earns its place in the town’s design legacy.”
What This Means for Investors
- First-mover advantage: Marina Island is a first-phase launch in El Gouna’s fastest-growing district. Early buyers benefit from launch pricing before capital appreciation kicks in.
- Orascom track record: Previous launches (Nuba, Fanadir Shores) demonstrated 15–20% capital growth in comparable timeframes. The Orascom brand premium is well-established.
- Managed rental infrastructure: OPM + El Gouna Plus provide turnkey property management — critical for international investors who cannot be on site.
- Year-round demand: El Gouna’s status as a year-round destination with international schools, hospital, and golf courses ensures consistent rental demand beyond seasonal tourism.
Frequently Asked Questions
Can foreigners buy in Marina Island?
Yes, foreign nationals have full rights to purchase property in the project. Legal support is provided.
What infrastructure will the project include?
Fully operational marina, premium brand retail, waterfront dining, lagoon with open-sea access, parks, cycling paths, and 24-hour security.
Can I rent out my apartment?
Yes. Orascom Property Management offers a full rental management cycle, helping owners maximise income.
Is there a payment plan?
Yes — 0% interest instalments over 5 years with 15% down payment.
🏘️ MAMO Property — Official Partner of Orascom Development Egypt.
We help international buyers select, reserve, and legally complete property purchases in El Gouna. Contact us on WhatsApp or browse our El Gouna properties.
#MAMOProperty #ElGouna #Orascom #MarinaIsland #RedSeaRealEstate
Sources: Orascom Development Egypt official announcement (May 2026), Zawya, INTLBM, Marina World. Prices and specifications subject to change. Verify with MAMO Property for current availability.
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
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