Gamsha Bay, Egypt

Today we will cover Gamsha Bay, which will be the largest leisure destination in Egypt and one of the largest leisure centers in all of the Middle East and, in fact, all of the world. Although Gamsha Bay is located in Egypt, it is being developed by DAMAC Properties of Dubai. Gamsha will be a total of 320 million square feet, will have architecture from 5 different countries (Egypt, Iran, Andalucia, Turkey, Morocco), and will have 9 distinct zones. The total cost of Gamsha Bay will be $16Billion, and the project will take 10 years to complete.

According to Peter Riddoch, CEO of DAMAC:

"Gamsha Bay, offering everything that one seeks - from state-of-the-art facilities to eco-friendly environment. The Gamsha Bay project will offer residents an open scenic environment with 39kms coastline and 25kms of beaches. Customers will have over 55,000 units that include - villas, townhouses, retail establishments, shopping centres, marinas, apartments and several other amenities to choose from. The total investment of the project is expected to reach over US$16 billion over the next ten years."

The 9 unique zones of Gamsha Bay are as follows:

- Riviera Residences. Apartments, town homes, beach park & plaza, boardwalk, and a waterfront plaza,

- Heritage Walk and Marinas. Marina themed villas, apartments, town homes, hotels, restaurants, shops, as well as a variety of marinas and even a huge cruise line marina,

- Downtown Gamsha. More upscale residences as well as schools, a sports center, medical facilities, a big shopping mall and a variety of parks,

- X-Treme Sports. A unique sports themed Gamsha zone, here you will find BMX and paintball courses, skateboard parks, flying sports, water sports and equestrian facilities. There will also be a group of hotels here,

- Red Sea Retreat. Beach themed residences for those who want to live the beach lifestyle,

- Royal Crescent Golf Course. A beautiful 18 hole golf course as well as golf villas, golf town homes, a golf academy and fitness center,

- Emerald Park. This is a park themed community complete with park villas, a beach park, gardens, and a plaza on the water,

- Creekside Villas. Estates, villas, pedestrian trails, equestrian trails, playgrounds and a lagoon,

- The Enclave. This is a resort area complete with hotels, water sports of all kinds, a beach park and exclusive villas.

"Gamsha Bay project in Egypt will set a new benchmark in design, innovation and architecture in the real estate marketplace in the region. The world-class development will provide an impetus to the economy of the region and create an unparalleled attraction for tourists," said DAMAC Chairman, Mr. Hussain Sajwani.

Gamsha Bay will truly become a premier world-class leisure destination. Egypt, like the UAE and other parts of the Middle East, is building some of the most fantastic Mega Projects the world has ever seen!

Here is the DAMAC Gamsha Bay website:

http://www.damacproperties.com/new/main/gamshabay/index.html

This link takes you to DAMAC Properties:

http://www.damacproperties.com/