Sharks Bay Oasis Resort & Residence Sharks Bay Area Sharm el Sheikh

The Resort & Its Setting

Sharks Bay Oasis Resort & Residence is an independent timeshare property affiliated with RCI, situated directly on Sharks Bay at the northern edge of Sharm el Sheikh. This stretch of coastline is known for calm, clear water and reef access close to shore, which is why the area has long attracted divers and snorkellers rather than just sunbathers. Owning here means holding a week at a resort built around that marine setting, rather than at one of the larger entertainment-focused resorts further along the coast.

South Sinai and Sharm el Sheikh: The Area

Sharm el Sheikh is Egypt's best-known Red Sea resort town, and Sharks Bay sits at its quieter, northern end, away from the busier hotel strip. From here it's straightforward to reach Naama Bay, the town's main hub for restaurants, shops and water sports, and the Old Market (Souk) in Sharm el Sheikh for a more local, traditional shopping experience. Divers based at Sharks Bay are well placed for day trips to Ras Muhammad National Park, a protected reserve known for dramatic reef walls and desert scenery, while those with more time sometimes make the longer overland trip to St. Catherine's Monastery at the foot of Mount Sinai. Most activity in the area revolves around the water: diving, snorkelling and boat excursions are the main draw, alongside the beach itself.

Selling or Renting Your Week Here

If you own a week at Sharks Bay Oasis Resort & Residence and want to sell or rent it out, BidMyTimeshare.com works as an owner-to-owner marketplace: you list your week directly, set your own asking price, and buyers or renters contact you through the platform. There's no commission on a sale — owners pay a one-time listing fee to advertise, and that's it.

Because this is an independent resort, any resale transfer is handled through the resort's own owners' association or on-site management, rather than through a branded developer programme. Before agreeing a price with a buyer, ask the resort for the current transfer fee and the latest annual maintenance fee in writing, since these vary and aren't fixed by BidMyTimeshare.com. It's also worth confirming in advance exactly what transfers with the week — the contracted unit size and season, and whether RCI exchange membership carries over automatically or needs to be re-registered by the new owner, since RCI terms govern that separately from the resort transfer itself. Ask too whether the resort or HOA holds a right of first refusal on resales, and how long the paperwork typically takes to clear, so both sides know what to expect before money changes hands.

What Renters Typically Look For

Renters interested in Sharks Bay Oasis Resort & Residence are usually diving- or snorkelling-focused travellers who want direct or near-direct access to the reef, rather than guests chasing nightlife or large pool complexes. Clear information on unit size, view, and how close the accommodation sits to the water helps a listing stand out, as does noting the time of year, since conditions and diving visibility vary across the season.

Practical Notes for Owners and Buyers

Sharm el Sheikh International Airport is the gateway for this area, around 25 km from the resort, with transfers readily arranged on arrival. Anyone listing or renting out a week should also be upfront about any travel advisories affecting the region from time to time, as this can affect how far in advance a renter is comfortable booking.