Abu Soma Touristic Development Company (ASDC), commonly known as Soma Bay Company, is a leading real estate developer in Egypt, established in 1991. The company is renowned for developing Somabay, a premier resort destination on the Red Sea coast, approximately 45 kilometers south of Hurghada International Airport.
Key Projects and Communities:
ASDC has developed several residential communities within Somabay, each offering a unique living experience:
- Reef Town: A residential project offering modern homes with direct access to the Red Sea’s vibrant marine life.
- Mesca: Features contemporary residences designed to provide unobstructed sea views and a tranquil living environment.
- Bay Central Residence: A luxurious community that combines elegant architecture with premium amenities.
- Blanca: Offers a range of properties set amidst lush landscapes and serene surroundings.
- Soma Coves: Designed to blend seamlessly with the natural environment, providing residents with a harmonious living experience.
- Bay West: A community that emphasizes modern living spaces with access to various recreational facilities.
- Wadi Jebal: Known for its elevated location, offering panoramic views of the Red Sea and luxurious villas.
- Soma Breeze: Features a variety of apartments designed for comfort and convenience, with access to communal amenities.
Development Vision and Strategy:
Under the leadership of CEO Ibrahim El-Missiri, ASDC has transformed Somabay from a primarily hotel-based resort into a comprehensive residential and touristic community. Recognizing the growing demand for permanent residences, the company has partnered with educational and medical institutions to provide essential services, facilitating a shift towards making Somabay a viable first-home destination for individuals and families seeking a serene environment away from urban centers.
