Prime Developments Launches CLAN in Hurghada: 400-Unit Mixed-Use Project with 1.25 Billion Investment
Prime Developments, in partnership with Asset for Tourism Development (أصول للتنمية السياحية), has officially launched CLAN — a new mixed-use residential and hospitality project in Hurghada with total investments reaching 1.25 billion.
Project Overview
Spanning 10,000 square metres, CLAN is designed as an integrated lifestyle destination combining residential units, a branded hotel, and extensive leisure facilities. The project represents one of the most significant new launches in Hurghada’s 2026 pipeline.
- Total Investment: 1.25 billion
- Total Units: 400 residential apartments and hotel suites
- Unit Sizes: 44 m² to 155 m²
- Land Area: 10,000 m²
- Delivery: 2028
- Architectural Consultant: Hafez Consultation
Amenities & Facilities
CLAN is built around the concept of community and connection — the name itself symbolises gathering and togetherness. Residents and guests will enjoy:
- Open and heated swimming pools
- Luxury jacuzzi
- Poolside bar
- Fine dining restaurant
- Children’s play area
- Modern fitness centre
- Commercial retail zones
- Branded hotel operated by a major international flag
Prime Developments: A Red Sea Specialist
Founded in 2008, Prime Developments has established itself as one of the leading real estate developers in the Red Sea region, with a strong focus on luxury residential and tourist projects. The company targets both local and international buyers seeking prime locations on Egypt’s eastern coast.
Sales Target & Market Positioning
Asset for Tourism Development Chairman Ayman Sabry confirmed that CLAN targets sales exceeding 3 billion within two years. The project’s commercial and tourism facilities are designed to support sustained investment returns in the rapidly growing Hurghada market.
Nathan Yacoub, Chairman of Prime Developments, stated: “The launch of CLAN represents a strategic step reflecting our vision to deliver integrated projects with contemporary design and prime locations, in line with Egypt’s urban development renaissance.”
What This Means for Investors
- New supply in a high-demand market: Hurghada continues to attract both domestic and international buyers, with tourist arrivals exceeding 19 million in 2025. New well-located projects are absorbing strong demand.
- Mixed-use model supports yield stability: The combination of residential units, a branded hotel, and commercial zones provides multiple income streams and supports property value appreciation.
- Early-phase pricing advantage: As a newly launched project, CLAN offers entry-level pricing before construction-phase appreciation kicks in.
- Proven developer track record: Prime Developments’ 18-year history in the Red Sea market adds credibility to delivery timelines and quality standards.
Contact MAMO Property
For exclusive information on CLAN and other new Hurghada developments, contact our team:
📱 WhatsApp: +20 115 298 0998
Sources: Al Motawwer, Prime Developments press release, Asset for Tourism Development (June 2026).
📚 Further Reading:
- our rental yield comparison and ROI calculator
- our complete guide to foreign property ownership in Egypt
- our Hurghada property appreciation trends analysis
- our long-term rental market guide for landlords
- our analysis of Egyptian Pound trends and foreign reserves
- our Egypt tourism 2026 impact analysis
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
