Hacienda Blue North Coast-Sahel

Hacienda Blue North Coast-Sahel: penthouses with only 2.5% down over 12 years

Hacienda Blue North Coast-Sahel is a village by Palm Hills Developments in Al Dabaa, on 118.5 feddans. The developer has penthouses on offer: a three-bedroom of 151 m² at EGP 24,970,000 and a four-bedroom of 196 m² at 29,607,000, both with 2.5% down, 12 years of instalments and handover in June 2030.

So there are only two choices here, on one of the lightest payment plans on the coast: about 625,000 down for a penthouse in a Palm Hills village. The questions are which of the two, and whether the monthly instalment fits your income.

Who is Hacienda Blue for?

Someone who wants to book on the coast with the least cash

A 2.5% deposit is among the lowest you will find in a village by a major developer: about 625,000 to book a penthouse, with the rest over 12 years.

A family that wants a roof by the sea

A penthouse gives you a terrace upstairs for evenings outside, and enough space for one or two families.

Someone with a high income and no rush

Handover is about four years away and the monthly instalment is relatively high because the deposit is so small, so this suits a steady income and a long-term plan for the coast.

Three bedrooms or four?

• Three-bedroom penthouse, 151 m²: 24,970,000, about 165,400 per m².
• Four-bedroom penthouse, 196 m²: 29,607,000, about 151,100 per m².

The four-bedroom costs only about 4.64 million more, for 45 m² and a room more. That is about 103,000 per extra metre, far below the three-bedroom's metre. If the budget allows, the four-bedroom is the better value; if it is just your own family, the three-bedroom is enough and its instalment lighter.

The sums: 2.5% down, 12 years

• Three-bedroom: 624,250 down, then about 169,100 a month.
• Four-bedroom: 740,175 down, then about 200,500 a month.

If the instalment is to stay within a third of household income, the three-bedroom needs about 507,000 a month. So a small deposit does not make the unit cheap: the money has moved from the deposit to the instalment. Ask whether there are yearly or handover payments on top of the monthly one, and get the full schedule in writing. Details are under payment plans.

Against the villages around it

Using the cheapest chalet's price per metre nearby, since no penthouses are recorded next to it:

• The Waterway North Coast: about 2.9 km, about 181,900.
• Hacienda Blue: from about 151,100 for the penthouse.
• La Vista Bay East: about 700 m, about 132,000.
• Seazen: about 2.2 km, about 120,200.
• Lasirena: about 400 m, about 83,500.

Hacienda Blue sits in the upper middle of Al Dabaa: cheaper than The Waterway, dearer than La Vista, Seazen and Lasirena. The extra pays for the Palm Hills name, the tiny deposit and the long plan. If price matters most, Lasirena 400 metres away is much cheaper, but compare the payment plans too.

Hacienda Blue or another Palm Hills village?

At Hacienda Ras El Hekma, three-bedroom penthouses start at about 130,300 a metre and the five-bedroom at about 118,600, with 5% down over 10 years and handover in December 2030. At Hacienda Heneish, penthouses start at about 150,500. So Hacienda Blue is not the cheapest Palm Hills penthouse per metre, but its 2.5% deposit and 12 years are the lightest terms in the group. The choice is between a cheaper metre in Ras El Hekma and an easier plan in Al Dabaa.

A penthouse or a chalet?

A penthouse is on the top floor, with a roof, wider views and more privacy than a ground floor, but no garden and stairs or a lift to reach it. A ground-floor chalet is closer to the action and has a garden, with less privacy. If you love evenings upstairs and the view, the penthouse; with small children who need to run straight outside, look for a ground-floor chalet elsewhere.

Al Dabaa: why this area?

Al Dabaa is where several of the biggest developers are building at the same time: Palm Hills, Tatweer Misr, Talaat Moustafa, La Vista and The Waterway are all within 3.4 km of Hacienda Blue. That means plenty of choice while you compare, and an area still being built around you, so ask what will be finished near you by handover.

Handover in June 2030

You will wait about four summers while paying instalments. The advantage is booking at today's price with a very small deposit, and an instalment that weighs less each year if your income grows. So this suits a long-term plan for the coast, not someone who wants next summer by the sea.

For investment

After handover, a penthouse in Al Dabaa can be let by the week in summer, and the roof adds to what you can charge. But the season is short and the instalment high, so summer rent will cover only a small part of it. Work it out on the summer weeks only: ask what similar units let for, count the weeks you can fill, subtract maintenance and cleaning, and divide by the price.

The location and the developer

The village is in Al Dabaa, with Lasirena about 400 m away, La Vista Bay East 700 m, D-Bay 1.6 km and Southmed 3.4 km. See it under location, or the other villages on the Al Dabaa page. Among Palm Hills' projects are the already handed-over Hacienda White, where you can see its village work for yourself.

Things to know before you book

• The developer is offering penthouses right now, so ask about coming phases if you want another type.
• Ask for the full payment schedule in writing, including any yearly payments.
• The finishing level is not recorded with us; ask what you will receive.
• Read the pros and cons and the amenities above.

Your next step

Look at the penthouses under available units and the FAQs. To compare them with each other or with another Al Dabaa village, message Masharf on WhatsApp from the button on this page, and we will send you a written offer.