O Residence North Coast

Description

O Residence North Coast: Serviced Hotel Apartments by The Waterway — 2026 Guide

The North Coast has a problem most owners don’t discuss: a chalet sits empty for ten months a year, quietly costing you maintenance, security, and depreciation while producing nothing. O Residence was designed around that problem.

Developed by The Waterway Developments as the newest phase of The Waterway North Coast at KM 173, O Residence delivers serviced hotel apartments — units that combine the privacy of owning a home with the operations of a hotel, run by My Ōtel. You use it when you want it; it works when you don’t.

Studios and apartments start from around EGP 13.2 million, with reservation from 5% and installments up to 7 years.

This guide covers the location, design philosophy, the master plan, unit types, prices, payment terms, facilities, and the investment case.

Request Your Free Brochure via WhatsApp 01125282828 Click here.

For the latest prices and available units, call 01003366453.

What Is O Residence?

O Residence is the serviced hotel apartment phase within The Waterway North Coast — the coastal destination developed by The Waterway Developments at kilometer 173 in the Dabaa area.

The distinction from a standard chalet is the entire point. O Residence units are serviced: housekeeping, hospitality operations, and guest services are provided through My Ōtel, the operator running hospitality across the destination. That transforms the ownership economics — the unit can be occupied by you, or let to guests, without you managing anything from Cairo or the Gulf.

For owners who want a coastal home that does not become a liability the moment summer ends, this is a fundamentally different product.

O Residence North Coast Location: KM 173, Dabaa

The O Residence North Coast location sits at kilometer 173 on the Alexandria–Matrouh road, inside The Waterway North Coast in the Dabaa area — part of the new North Coast expansion where the coast’s next generation of destinations is being built.

Roads and Access

• Alexandria–Matrouh road: the project sits directly at KM 173 on the coast’s main artery
• Fouka Road: provides direct connection to routes from Cairo and Giza
• Dabaa axis: one of the key links between the North Coast and Cairo, easing movement between coastal areas

Distances

• New Alamein City: about 20 minutes
• Marina El Alamein: minutes away
• Dabaa Hospital: about 19 minutes
• Rixos Hotel: about 30 minutes
• Andalusia Hospitals North Coast: about 35 minutes
• Borg El Arab International Airport: about one hour, per the project’s published data
• Alexandria: roughly 173 km, about an hour and a half by car

Two entries on that list matter more than buyers usually notice. Dabaa Hospital at 19 minutes and Andalusia Hospitals at 35 are genuine reassurance for families spending extended periods on the coast — medical access is the most common gap in remote coastal areas. And the Fouka Road connection is what makes weekend use realistic rather than theoretical.

To book a viewing appointment, call 01003366453.

O Residence Design: Zen Simplicity, Not Standard Beach Kitsch

The Waterway chose a deliberately calm design language for O Residence, distinct from the typical coastal unit.

The Architectural Approach

The design relies on simple lines, quiet colour palettes, and natural materials, with a clear emphasis on open space and natural light. Across the wider Waterway North Coast, the aesthetic leans modern and understated, using stone, greenery, and water to compose a landscape that works with the sea rather than competing against it.

Inside the Apartments

O Residence apartments are conceived as spaces equipped for stays supported by hotel-level service — not simply summer flats. Units range across studios and apartments, with layouts designed to make the most of available space and views.

The interior character follows a Zen-inspired approach: clean lines, earth tones, and stone finishes. There is a commercial logic underneath the aesthetic — neutral, timeless interiors photograph well, appeal to the widest pool of guests, and date far more slowly than trend-driven coastal decor. For a unit intended to be let, that matters directly to revenue.

O Residence Master Plan

Because O Residence is a phase of The Waterway North Coast, its planning follows the destination’s master plan — which allocates the majority of the site to green space, landscape, and services rather than buildings.

The Waterway North Coast spans 124 feddans, divided as follows:

• 17% buildings and units
• 83% green spaces, landscape, and services

That ratio is unusually generous and worth pausing on: for every square meter of building, roughly five square meters go to landscape, water features, and amenities. It is the structural reason the destination feels open rather than packed — and low density is the single most reliable predictor of long-term value retention in coastal property.

The master plan includes water features, wide landscaped areas, and dedicated service and leisure zones, with the O Residence phase specifically designated for serviced hotel apartments operated through My Ōtel.

Request the project brochure free via WhatsApp.

O Residence North Coast Units and Sizes

O Residence offers serviced hotel units suited to both short and extended stays:

• Hotel studios
• One-bedroom hotel apartments
• Apartment sizes from 100 sqm among currently published units

O Residence North Coast Studios

The studios are the most efficient entry into the phase — the lowest ticket, the simplest to let, and the format with the broadest guest appeal for short coastal stays. For an investor whose primary goal is rental yield rather than family use, this is where the numbers work hardest.

O Residence North Coast Apartments

The one-bedroom apartments from 100 sqm serve owners who want genuine living space alongside hotel servicing — couples, small families, and longer-stay guests. Apartments for sale in O Residence sit in a category that barely exists on the Egyptian coast: fully serviced, ready-to-use units in an operating destination.

The serviced nature is what makes these units genuinely turnkey — you arrive with a suitcase, and the unit is maintained whether you are there or not.

O Residence North Coast Prices in 2026

The Waterway has priced O Residence competitively against comparable hospitality projects on this stretch of coast, with pricing reflecting the location, the design, and the serviced nature of the units:

• Prices start from approximately EGP 13.2 million
• Studios: from around EGP 13.2 million
• Hotel apartments: vary by size and bedroom count, with some released units starting from approximately EGP 15.5 million
• 100 sqm apartments: some currently published units start from around EGP 15.5 million, varying by position, finishing, and view

Prices differ by unit type, area, and position within the phase, and change as new releases come to market — so confirm the current list at the time of booking.

What the price includes is the part to weigh carefully: a serviced unit in an operating destination with hotel management is a different asset from an unserviced chalet at a lower headline price. One produces income and maintains itself; the other requires your time and generates costs between visits.

O Residence North Coast Payment Plan

The Waterway Developments offers payment structures designed to spread the unit’s cost rather than demand it upfront:

• Reservation deposit from 5% of the unit value
• Installments up to 7 years in periodic payments
• Some units start at 10% down with payment terms varying by unit
• Final installment values depend on unit price, size, and the plan attached

On an entry studio, 5% of roughly EGP 13.2 million is about EGP 660,000 to reserve, with the balance across up to 84 months.

For Gulf-based buyers, the structure is particularly efficient: a pound-denominated installment stream against a serviced, income-capable asset that requires no presence to operate.

Plans vary by unit and release, so confirm the specific terms on your chosen unit before contracting: 01003366453.

O Residence Facilities and Services

O Residence draws on the full facilities of The Waterway North Coast, plus the hospitality services provided through My Ōtel:

Beach and Leisure

• A private sandy beach for swimming and shore activities
• Swimming pools distributed across the destination, including indoor pools
• Artificial lagoons adding visual interest and varied unit views
• Green spaces and landscaping surrounding the buildings, with walking and relaxation areas
• A children’s play area for families

Wellness and Dining

• A sports club and gym, with a Fitness Center among My Ōtel’s services
• A spa and beauty salon for personal care within the hospitality facilities
• Restaurants, cafes, and a Beach Bar offering varied dining and drinks
• A Coffee Lounge for sitting and refreshments
• Walking and jogging tracks across the open areas

Security and Operations

• 24/7 security and guarding with surveillance cameras
• Parking areas for residents and visitors
• Hotel services through My Ōtel, including hospitality and accommodation services alongside facilities like the beach gym and Beach Bar

The My Ōtel layer is what separates this from a conventional village. Housekeeping, guest services, and hospitality operations mean a unit can be let professionally rather than informally — the difference between a chalet you occasionally lend to friends and an asset that produces measurable income.

Why Invest in O Residence North Coast

• A distinctive location at KM 173 inside The Waterway North Coast
• Serviced hotel units combining apartment privacy with hotel-level service
• Unit variety across studios and apartments in different sizes
• Integrated facilities through the wider Waterway destination
• Flexible payment plans spreading the unit value across several years
• A genuine investment vehicle: the serviced format suits owners seeking rental income or future resale
• An experienced developer: the project sits within The Waterway Developments’ portfolio and its record in the Egyptian market

Who Should Buy in O Residence?

• The income-focused investor: a serviced studio operated by My Ōtel generates revenue without you managing bookings, cleaning, or maintenance
• The Gulf-based owner: the unit is maintained, secured, and lettable while you are abroad — the practical obstacle that defeats most remote coastal ownership
• The family that wants use without burden: arrive, enjoy, leave — with none of the opening-season repairs a standard chalet demands
• The diversification buyer: hospitality income behaves differently from residential rent, adding a distinct return profile to a property portfolio

The Waterway Developments: The Developer

The Waterway Developments began operating in the Egyptian market in 2010, founded by teams with real estate experience aiming to deliver a different concept of residential and commercial communities.

Crucially for this project, the company works across residential, commercial, and administrative development plus facility management, maintenance, hospitality, and serviced apartments — an operational capability most developers simply do not have. That expansion from residential into commercial and hospitality destinations is exactly what a serviced-apartment product requires: a developer that operates rather than only builds and exits.

The Waterway’s projects include:

• The Waterway New Cairo
• The Waterway North Coast
• Waterway Villas
• 5A
• The View
• Capital Way
• Waterway East

How O Residence Compares

• Versus a standard North Coast chalet: a chalet costs you money for ten months a year and demands your time to maintain and let. A serviced unit is operated for you and can earn during the same period.
• Versus hotel-branded coastal residences: international branded residences carry substantially higher entry prices. O Residence delivers the serviced model at a materially lower ticket inside an established destination.
• Versus other Dabaa-area launches: many neighbouring projects sell unserviced units in villages still under construction. O Residence sits within an operating destination with hospitality management already in place.

The Bottom Line

O Residence North Coast is a different proposition from most of what the Sahel sells: a serviced hotel apartment inside The Waterway North Coast at KM 173, operated by My Ōtel, on a 124-feddan destination that dedicates 83% of its land to landscape and services.

Studios and one-bedroom apartments from 100 sqm, prices from approximately EGP 13.2 million, reservation from 5%, and installments up to 7 years.

The units with the best views and positions in each release go first. Contact us for the current O Residence price list and availability: 01003366453.