MG Developments accelerates Savoy phase completion to over 40%, continues progress at Blue Blue Ain Sokhna

Dubai – Masaader News 

MG Developments has announced continued progress on its fully integrated tourism project Blue Blue in Ain Sokhna, having successfully delivered five fully finished phases of the project.

The company has now exceeded 40% completion in the sixth phase, Savoy, within Blue Blue, in line with the approved timetable. This achievement comes despite the economic challenges and pressures facing real estate market, reflecting the company’s ability to maintain commitment and discipline in delivery while upholding the highest quality standards.

The Savoy phase stands out as one of the most distinguished phases of Blue Blue, thanks to its prime location and exceptional architectural design. It is currently being developed under the supervision of ACE Moharram. Bakhoum as the general consultant, in collaboration with EMAC Contracting company, which has been contracted specifically to build the largest water lagoon within the project— an unprecedented feature designed to elevate the visual appeal and interactive leisure experience within Blue Blue.

This lagoon is one of the project’s defining features, designed as a vast recreational water expanse that mirrors the beauty of the coastal environment. It offers an ideal setting for water activities, relaxation, and entertainment, while its scenic architectural views add both aesthetic and investment value to all units within the development.

The Blue Blue project spans over 120,000 sqm and consists of six diverse phases, including chalets, villas, and hotel units, complemented by fully integrated commercial, entertainment, and service facilities.

The development boasts a private beach stretching 300 meters along the Red Sea, with designated areas for marine activities, restaurants, and hotel services.

Situated in the Windmills area of Ain Sokhna—one of the most beautiful spots on the Red Sea—the project benefits from breathtaking natural scenery and fresh, year-round breezes, making it a perfect destination for leisure and relaxation, as well as a prime location for luxury coastal living and long-term investment.

As part of its vision to deliver a fully integrated tourism product, MG Developments is currently building an international hotel within the project, aimed at enhancing the tourism infrastructure, elevating the accommodation experience, and supporting the concept of integrated communities that combine leisure, luxury, and long-term investment.

This step comes within the framework of the company’s strategic plan to expand in the tourism sector by developing four new hotel and tourism projects in Ain Sokhna, which are currently under construction. These projects aim to support Egypt’s tourism market and offer high-value real estate products with world-class specifications.

Mohamed Metawee, founder of MG Developments, stated that the company is committed to achieving a comprehensive formula that combines dedication, innovation, and on-time delivery, while offering real estate and tourism products that maximize investment value and meet clients’ aspirations for quality living and premium hotel-style residences.