Sea View Real Estate Development has entered into a strategic partnership with Absolute Hotel Services – Middle East & Africa to launch and operate U Residences Sahl Hasheesh under the internationally recognized U Hotels & Resorts brand.
The partnership marks a major milestone in delivering a premium branded residences destination that combines luxury living with world-class hospitality on Egypt’s Red Sea coast.
The agreement was signed by Mr. Sherif Roshdy, Chairman of Sea View Real Estate Development, and Mr. Kevork Deldelian, Managing Director of Absolute Hotel Services – Middle East & Africa, in the presence of senior executives from both companies.
Commenting on the partnership, Mr. Sherif Roshdy said the agreement reflects Sea View Development’s long-term vision to deliver world-class real estate and tourism projects. He added that the company continues to respond to the growing demand for premium hospitality-driven real estate products in Egypt.
Under the agreement, U Hotels & Resorts will manage and operate U Residences Sahl Hasheesh, providing international hospitality standards across both the residential and hotel components. Residents and guests will enjoy premium services, consistent operational excellence, and a seamless hospitality experience.
The development will offer branded residences managed by U Hotels & Resorts, while the hotel will operate under the same international brand. The project will also provide housekeeping, 24-hour security, facilities management, and comprehensive property management services. These services will preserve asset value while ensuring a comfortable lifestyle for residents and visitors.
Mr. Sherif Roshdy said, “We believe the future of hospitality real estate lies in projects that combine private ownership with internationally managed hotel services. Through this partnership, U Residences Sahl Hasheesh has become a distinctive branded residences destination that delivers strong investment value and an exceptional lifestyle. The project creates long-term value for owners while offering a premium experience for residents and visitors.”
He added that Sea View Development is a sister company of Edar Fine & Home Co., which has operated in the Egyptian and international real estate markets since 2007. This extensive experience enables the company to understand investor expectations and develop competitive projects that meet international standards.
Located in one of Sahl Hasheesh’s most prestigious areas, U Residences Sahl Hasheesh extends across 20,630 square meters. The project overlooks the Red Sea and sits only 20 minutes from Hurghada International Airport and Hurghada city center.
The development occupies elevated land approximately 40 meters above sea level. It also enjoys direct views of the Red Sea and surrounding golf courses. In addition, the beach lies less than 100 meters from the project, giving most units panoramic sea and landscape views.
The project features a tropical-inspired architectural concept that blends open spaces, landscaped gardens, palm trees, and natural wooden finishes. More than 1,600 square meters of swimming pools, water features, and cascading waterfalls create a luxurious resort-style environment.
The development comprises 251 fully finished residential and hotel units. Buyers can choose from studios, apartments, duplexes, villas, and bungalows. Every unit will include high-quality finishes, internationally recognized air-conditioning systems, modern elevators, and hospitality-grade amenities.
Sea View Development also offers flexible ownership and rental programs designed to maximize investment returns. Property owners can use their units during selected periods while generating rental income through professionally managed hospitality programs. U Hotels & Resorts will manage these investment programs according to international operating standards.
Meanwhile, Mr. Kevork Deldelian, Managing Director of Absolute Hotel Services – Middle East & Africa, described U Residences Sahl Hasheesh as a strategic addition to the group’s regional portfolio. He said the project supports the company’s expansion strategy across high-growth leisure destinations in the Middle East and Africa.
He added, “This project combines an exceptional Red Sea location, refined architecture, and high-quality real estate development. These qualities perfectly match the standards of U Hotels & Resorts. Through this partnership, we look forward to delivering a hospitality experience that combines the privacy of homeownership with the premium services of an international hotel.”
Deldelian concluded that U Residences Sahl Hasheesh will establish a new benchmark for branded residential hospitality developments in Egypt. He added that the project will strengthen Sahl Hasheesh’s position as a leading tourism and investment destination while supporting the country’s ongoing development and infrastructure growth.