First Residence Development Established in 2014, First Residence Development aimed to become a powerful regional real estate developer. Mangroovy –its first residential project– boasts state-of-the-art extravagance, and is the only one in El Gouna directly overlooking the sea.
With its nature-inspired design, modern finishes, innovative amenities, and prime beachfront location, Mangroovy is set to become the premier vacation, and second home, destination on the Red Sea coast.
