by : JumpHigher

Dubai-based DAMAC Properties, Middle East's largest private-sector luxury real estate developer, enters Egyptian realty market with the 320 million sq ft Gamsha Bay Project deal. It is the largest township in the region located at the north of Hurghada.

The Gamsha Bay project will offer residents an open scenic environment with 13 kms of coastline. Customers will have over 55,000 units that include villas, townhouses, retail establishments, shopping centers, marinas, apartments and several other amenities to choose from. Including all the housing, entertainment and recreational facilities, this project will also have an extreme sports adventure park.

Gamsha Bay is planned to be divided into 9 distinct zones - Gamsha Marina, Marina Park, Coral Golf Course, Sea View Crescent, Creek Retreat, Gamsha Bay, Peninsula Luxury Villas, Downtown Gamsha and Extreme Sports World Theme Park. Gamsha Bay's extreme sports adventure theme park will be the first of it's kind in the region. The township will include everything associated with convenience and luxury like spa resorts, a world class golf course, a marina village, cinemas, shopping boulevards and scuba diving facilities. The township itself will be built in five phases over 10 years.

Gamsha Bay, with its environmentally conscious design, and its innovative architecture will surely set a benchmark for the real estate marketplace in the region and will further influence economic development. Gamsha Bay will offer the very best of Egypt - with its coral reefs, hills and beautiful coastline. This world class development will boost the economy of this region and create new attractions for tourists. The other important aspect of this project is on the employment front as this mega project will require several hands to put the masterpiece together.

Not only in Egypt or the region, Gamsha Bay will be the first of its kind development in the whole world. Talking from the point of view of real estate investment, being the most exclusive development in the latest property hotspots Gamsha Bay is sure to offer high returns.

Gamsha Bay in Egypt is being developed by Damac Properties who are the largest private master developers in the Middle East.