Jumeirah to Launch Second Phase of Jumeirah Bay Ras El-Hekma Project

Thursday, 28th July 2016

Jumeirah Real Estate Investment and Sakan Development plan to launch the second phase of the Jumeirah Bay Ras El-Hekma project in the upcoming months, reported Al Borsa News.

The company will offer the second phase to customers in the coming months, following the unprecedented demand on the project’s first phase, according to a company press release stated.

The Jumeirah Bay Ras El-Hekma project is located in Ras El Hekma Bay on the North Coast, with EGP 15 billion worth of investment, according to Invest Gate.

The project will be developed over three phases made up of seven residential areas, with the first phase consisting of 980 units.

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