Red Sea 1. Entry Price: Four Times the Space for the Same Cash Metric (Q2 - 2025 Resale Listings)Soma BayEl Gouna2-bed chalet priceEGP 6.3 m for 112 m²EGP 22.7 m for 99 m²Cost per m²≈ EGP 56.3 k (≈ US $1,223)≈ EGP 229 k (≈ US $4,988) A buyer can secure roughly 4× more floor area in Soma Bay for the price of one mid-range apartment in El Gouna. Price momentum: Soma Bay values...