June Project North Coast-Sahel

June Project North Coast-Sahel: early keys, long instalments

June Project North Coast-Sahel is a village by SODIC on 280 feddans in Ras El Hekma, at kilometre 194, with 600 metres of seafront. The cheapest unit is a 102 m² two-bedroom loft at EGP 25,204,000 with 3% down, and the lofts are handed over in November 2026, weeks from now, with instalments of up to 10 years.

That last sentence is the heart of June. You rarely find a unit on the coast that you collect next summer and keep paying for over 10 years. That explains much of the pricing, as we set out below.

Who is June for?

The village has lofts, penthouses, chalets, twin houses and villas, with very different handover dates between them. So the first question here is when you want to be by the sea.

Someone who wants a summer home next summer

The lofts are handed over next month, the villas a month later, and the twin houses in March 2027. If you want to spend summer 2027 in your own place, these are the choices that make it happen.

Someone who wants the most space for the money

The penthouses and chalets are much cheaper per metre, but are handed over in September 2028. If you are not in a hurry, you get more space for roughly the same budget.

A large family, or an investor in villas

Villas start at 254 m² for EGP 78,672,000 and are handed over at the end of this year. That is a ready villa in Ras El Hekma you can start using, or renting out, from the first season.

Pay for early handover or for space?

This is the key comparison in June, and it will decide things for you. The two-bedroom loft is 102 m² at EGP 25,204,000. The three-bedroom penthouse is 185 m² at EGP 28,016,000. So the penthouse is 83 m² larger with an extra room, and only EGP 2,812,000 more.

Why the gap? Because the loft is handed over in November 2026 and the penthouse in September 2028. The extra money per metre in the loft (about 247,000 against about 151,000) is the price of getting your keys roughly two years earlier.

• If you will use it yourself and are in a hurry: the loft, and you will make summer 2027.
• If you will rent it out: the loft may still be better, because two years of rent before the penthouse is ready have real value. Work it out against expected rent.
• If you are not in a hurry and want space: the 4-bedroom penthouse, 223 m² at EGP 31,157,000, the cheapest square metre in the whole village at about EGP 139,700.

Among the chalets, the 5-bedroom is 229 m² at EGP 35,816,000 and the 3-bedroom 177 m² at EGP 30,777,000. So two extra rooms and 52 m² cost about 5 million, a good deal for a large family.

What income does a June instalment suit?

Instalment terms differ here: the lofts, twin houses and villas are over 10 years, and the penthouses and chalets over 8. That affects the instalment more than the price itself. Our rule of thumb is that the instalment should not exceed a third of household income:

• Two-bedroom loft: an instalment of about EGP 204,000 a month, so an income of around 610,000.
• Three-bedroom penthouse: an instalment of about EGP 283,000, so an income of around 850,000.
• Three-bedroom chalet: an instalment of about EGP 311,000, so an income of around 930,000.

Note that the loft's instalment is lower than the penthouse's even though the penthouse is cheaper per metre, because of the 10 years. These figures are approximate and before any increases. The details are under payment plans.

How to buy a near-ready unit properly

Buying a unit you will collect in weeks is different from buying one on paper. The advantage is that you can see it for yourself; the drawback is that any problem shows up quickly and leaves you little time. These are the things we go through with our clients before they sign:

• Inspect the unit itself: not a show unit or the one next door. Check the view from the window, the distance to the sea or lagoon, and the level.
• Compare the finishing with the contract: ask for the specification in writing and make sure what you see is what is on paper.
• Ask about maintenance: the maintenance deposit and its percentage, and the annual charges, because they start right at handover.
• Ask which services are running: whether the beach, pools and restaurants are open now or not yet, because that is what you will live with in your first summer.

If all of that checks out, you are buying something you have seen, which is far less risky than buying off a model.

June's three districts

• Aquamarine: from EGP 25,204,000, the cheapest way into the village.
• Pearl: from EGP 27,814,000.
• Opal: from EGP 78,672,000, the villa district.

Aquamarine and Pearl are close on price, with only EGP 2,610,000 between their starting points, so choose between them on unit type, handover date and position relative to the sea. Opal stands alone for a villa budget, with villas whose prices vary widely by location and view.

Price per m² in June against its neighbours

Using the price per m² of the cheapest unit in each nearby village:

• Hacienda Waters, 2.7 km away: around EGP 223,000 per m².
• Mar Bay, 3.4 km away: around EGP 143,000 per m².
• The Med, 2.1 km away: around EGP 129,800 per m².
• Solare, 4.7 km away: around EGP 128,800 per m².
• Direction White, half a kilometre away: around EGP 126,200 per m².
• Cali Coast, 1.4 km away: around EGP 101,300 per m².

June is dearer than most of its neighbours on its cheapest unit, because that unit is a near-ready loft. But the 4-bedroom penthouse, at about 139,700 per m², is roughly level with Mar Bay and The Med, for a SODIC village with 600 metres on the sea. So if you are not in a hurry, June is not dearer than its neighbours.

What sets June apart?

The site sits about 50 metres above sea level, so even the inner units have the view. Buildings take only about 20% of the land, and the rest is greenery and lagoons over more than 100,000 m². That makes a difference to a unit's value when you come to sell or rent it.

Who is the developer of June?

SODIC builds it, and in Ras El Hekma it also has Caesar, 5 minutes from June, and Ogami. Because June itself is nearly handed over, you can go and see the work on the ground before you sign, which is rare. In Cairo it has SODIC East and Villette, and in the west The Estates Residence and Karmell.

Ras El Hekma and getting to June

June is on the International Coastal Road, with the new El Dabaa road 10 minutes away and Sidi Abdel Rahman 30 minutes away. See it under location, or browse the other villages on the Ras El Hekma page.

Things to know before you book in June

• Go and inspect the near-ready units yourself; seeing before you pay is something most coastal projects cannot offer.
• Deposits differ: 3% for most units, and 5% for the villas, the twin house and the 4-bedroom loft.
• The finishing level is not recorded with us for each unit. Ask about it and about annual maintenance charges.
• Read the pros and cons and the amenities above.

Your next step

Decide first: early handover or more space. Then choose from the available units, and turn to the FAQs for any question.

If you want to inspect a near-ready unit or find out what is available today, message Masharf on WhatsApp from the button on this page, and we will arrange the viewing and a written offer with you.