El Gouna, the spectacular fully integrated and sustainable town developed by Orascom Development in the Red Sea, has unveiled the launch of its largest multi-purpose district to date, named “Tuban”, Invest-Gate reports.
Positioned as a distinct district within El Gouna, Tuban harmoniously combines natural beauty, tranquility, and luxurious living for its residents.
Located at the heart of El Gouna, Tuban spans over one million square meters and is just a short walk away from El Gouna hospital and G Valley, the integrated business hub for small and medium enterprises (SMEs) and entrepreneurs.
The initial phase, Tuban Waterfalls, will introduce an exquisite range of townhouses and apartments, meticulously designed in collaboration with the renowned architect Hector Barroso.
The master plan, developed by the globally acclaimed engineering firm EDSA, ensures a seamless blend of innovation and sophistication.
Many units will offer stunning panoramic water views, with some overlooking an open-sea lagoon. This neighborhood is designed to bring together peaceful water features, a vibrant promenade, and more, all crafted to elevate the residents’ quality of life.
Tuban in El Gouna will offer various residential units, including standalone villas, townhouses, and apartments, each designed with a tiered structure to optimize panoramic views. The development will feature premium amenities such as marinas, a hotel, a bustling commercial district, vast green spaces, parks, and a waterfront promenade that seamlessly connects residents with nature.
Notably, for the first time in El Gouna, a dedicated residential complex for senior living will be an integral part of this vibrant community. With its contemporary design and extensive amenities, Tuban ensures a refined and connected living experience.
Mohamed Amer, CEO of El Gouna, remarked, “Tuban represents a groundbreaking development in El Gouna, seamlessly integrating residential, commercial, hospitality, and luxury senior living offerings in one central location. This project signifies a significant milestone in the town’s progression, solidifying its reputation as a premier fully integrated destination.”
He added, “Strategically positioned, Tuban provides a truly unique living experience tailored to the diverse needs of our residents, offering a comprehensive range of services to enhance convenience and enjoyment. We are on schedule to deliver the first phase of this project by the first quarter of 2027.”
Amer highlighted, “Tuban offers a distinctive blend of secure investment and luxurious living in a sustainable environment. It presents promising investment opportunities, making it an ideal long-term choice for investors. Moreover, the community showcases innovative architectural design that meets global standards, ensuring residents experience the utmost comfort and luxury living.”