Q's & A's

What Exactly Is Holiday Ownership?

The concept of Holiday Ownership is really straightforward-for a single payment it allows you to acquire the right to occupy a unit in a luxurious holiday resort which is then yours to use for a period of one week each year for the duration of your holiday ownership. Of course you choose the size of unit which you prefer, and you specify the season of the year during which you would like to use it. Once you have acquired a holiday ownership, you can lend it to friends and members of your family for the period during which you are entitled to holiday there. Holiday Ownership (also known as Time Ownership) is a highly flexible way to gain the privacy and freedom of your own holiday home in a beautiful location.

What Are The Main Advantages Of Holiday Ownership?

For a single relatively small capital outlay you can secure for you, your family or your company, an annual holiday in an outstanding location. Each unit comfortably accommodates from two up to four, six or eight guests. In addition, holiday ownership frees you from the hassle of booking an annual vacation. It means you never again have to face a price rise for your holiday accommodation. It takes care of upkeep and repairs, and ensures someone is looking after your property all year round.

How Do I Reserve My Holiday Each Year?

As an owner at Sharm Dreams Vacation Club you will receive a Reservations Guide, explaining how you can reserve your vacations during the applicable season.

Are There Any Other Advantages?

The first advantage of the Sharm Dreams Vacation Club is that the property is managed, on behalf of Sharm Dreams Company for Tourist Development (Investment) S.A.E. by Sharm Dreams, the first name in hospitality and one of the world’s best known and most trusted brands, with a tradition of excellence. Purchasing a holiday ownership at a Sharm Dreams Resort means that holiday owners have that same reassurance of service which guests enjoy at Sharm Dreams.

Accordingly, Sharm Dreams Vacation Club offers all the amenities of an outstanding 5-star resort, including restaurants, bars and leisure facilities, ensuring that a complete range of service is available for guests while on holiday.


In addition, holiday ownership at the Sharm Dreams Vacation Club comprises a package of benefits designed to enhance its value for holiday owners, including more flexibility in exercising their right of occupancy and several exchange options.

What Is My Legal Position?

This is fully set out in your purchase Agreement but, in summary, once you have paid your holiday ownership in full, you will become a permanent holiday owner at the Sharm Dreams Vacation as a permanent Holiday Owner.

However, as soon as you have paid 50% of the price of your holiday ownership and your maintenance charge for the current year, you can exercise your right to holiday at the Sharm Dreams Vacation Club (but remember that you have to keep up your payments according to the agreed schedule in order to maintain such right and to become a permanent Holiday Owner)

Who Owns and Operates Sharm Dreams Vacation Club?

The Sharm Dreams Resort, including the holiday ownership units and the ground on which they stand, has been developed by and are owned by Sharm Dreams Co. for Tourist (Investment) S.A.E. As an owner at the resort, your Purchase Agreement is a contract with Sharm Dreams Co. for Tourist (Investment) S.A.E..

The day to day management of Sharm Dreams Resort (including the Vacation Club) is carried out by Sharm Dreams Company for Tourist Investment S.A.E. This covers maintenance of the buildings, grounds, roads etc. Additionally, Sharm Dreams carries out regular servicing and cleaning of the units, and looking after all aspects of their day-to-day upkeep.

How Does Sharm Dreams Vacation Club Compare With Other Holiday Ownership Resorts?

The benefits acquired under a timeshare, time ownership or holiday ownership scheme vary from resort to another, including the nature of the rights acquired, the duration for which they are acquired, etc.

Twenty-year term offered at the Sharm Dreams Vacation Club, renders its price competitive and affordable. In addition, the many options offered as part of Holiday Ownership at the Sharm Dreams Vacation Club mean that Holiday Owners will retain the ability to suit their own lifestyle and future travel and vacation plans. And, with Sharm Dreams, Holiday Owners are guaranteed first-class service and a great holiday.

Tell Me More About My Options As A Holiday Owner At The Sharm Dreams Vacation Club?

Our owners can enjoy a package of benefits that will give them the maximum flexibility in using and planning for their vacations:

  • Nine swimming pools - three heated in winter.
  • Use their allocated week at Sharm Dreams Vacation Club.
  • Exchange it at any of 5144 other holiday resorts worldwide through RCI.
  • Deposit it at RCI and postpone using it to the following year.
  • Borrow it from the following year to use it this year through RCI.
  • Gift it to friends and family.

What Are My Rights Regarding The Management Of The Resort?

Sharm Dreams Vacation Club has been created as a luxurious resort with a package of benefits designed to afford Holiday Owners the greatest value and satisfaction.

What About The Maintenance Charge?

There is an annual maintenance charge to cover the upkeep of the units, essential to ensure that their value is protected. The maintenance charge is reviewed and approved by the Egyptian Ministry of Tourism. The maintenance charge collected is managed by Sharm Dreams, as Management Company, and spent to ensure efficient and first class service.

What Does The Maintenance Charge Include?

General service charges (covering all utilities and taxes), cleaning and servicing of the unit, insurance, and general operating costs. Please see the Owner’s Guide for further details.

Are There Any Other Costs?

Yes - You pay for your own telephone calls and any charges you may incur from the resort such as meals, drinks, use of leisure facilities, etc.

What Services Does The Resort Offer?

The resort offers a wide range of facilities and services for dining, relaxation, and leisure. These include restaurants and bars, lounges, regular live entertainment, swimming pools, etc. In addition, the resort is situated in an area of outstanding visitor appeal, with a wide range of attractions and activities.

How many weeks can I purchase ?

There is no restriction. For convenience, the year is divided into weekly periods from Saturday to Saturday. Many people wish to own two, three, four or even more weeks, which can be split between Platinum, Gold, and Silver Seasons, and among different units.

When Is The Starting Date Of My Ownership At Sharm Dreams Vacation Club?

Owners can use their week(s) at Sharm Dreams Vacation Club as soon as you have paid 50%of the price of your holiday ownership and your maintenance charge for the current year

When Does The Weekly Period Start?

It starts from 3:00 p.m. on Saturday, ending at 12:00 noon the following Saturday. Different dates may be applicable for Christmas, New Year, or special holiday periods.

How Often Do I Have My Unit Cleaned?

Owners will be provided with a daily Tidy-Up service and a full Housekeeping service once a week.

Do The Prices Of The Units Vary?

Yes - according to the season of the year and the size of the unit. Obviously a week in Platinum Season will cost more than a week in Silver Season and a unit that can accommodate eight persons will be more expensive than a unit for two persons only.

How Are The Units Built And Furnished?

The units are designed to high specifications, with heating and air-conditioning. They have a spacious lounge-dining area, a kitchenette, and the master bedroom has an en-suite bathroom. Furnishing is comprehensive and comfortable, with carefully coordinated finishes and fabrics. The units have a television in the lounge area and in each bedroom.

What If I Decide To Change My Holiday Dates?

Exchanges can be arranged to stay at the resort at different times of the year, subject to availability of accommodation.