ALQAMZI Developments is preparing to begin delivering its Eastshire project in New Cairo’s Fifth Settlement during 2026, while deliveries at its Seazen project on the North Coast are scheduled to commence in 2027, Invest-Gate reports.

Seazen: A Distinctive North Coast Destination with Exceptional Features

Eng. Yasser Zidan, Chairman of ALQAMZI Developments, stated that the company’s strategy is built on several key pillars, including selecting prime strategic locations, delivering projects to the highest quality standards, adhering to delivery schedules, and providing professional post-handover property management and after-sales services.

He explained that Seazen enjoys a prime location at the end of the Dabaa Axis, positioned midway between Sidi Abdel Rahman and Ras El Hekma, just 20 minutes from each destination and only five minutes from Alamein International Airport. The project also features a 100% sandy beach with a 690-metre beachfront extending 200 metres inland, while the total project depth reaches 1,250 metres.

Zidan added: “Seazen is built on naturally elevated land rising 52 metres above sea level in the final quarter of the site’s depth. ALQAMZI carefully utilised the terrain’s natural topography through a terraced masterplan, enabling nearly 90% of the project’s units to enjoy sea views—an exceptionally high percentage compared with most North Coast developments. Green spaces and amenities account for more than 85% of the project’s total area.”

He noted that Seazen units will be delivered fully finished, including air-conditioning systems and kitchens. The company has also contracted with an Italian manufacturer ranked among the world’s top five producers of doors and kitchens to supply the project’s wooden doors.

ALQAMZI recently opened Seazen Beach. Commenting on this milestone, the Chairman said that operating the beach one year before project delivery benefits both the company and its clients. Since projects are typically sold off-plan and delivered three to four years later, opening the beach early compels the company to accelerate construction progress. For clients, it provides the opportunity to monitor construction firsthand and enjoy regular visits to the site. With a fully serviced beach offering premium facilities, owners and their families can spend enjoyable days by the sea while following the project’s development.

Zidan emphasised that, thanks to its quality and unique features, Seazen has generated returns of up to 400% for customers who purchased units in 2023. He added that the project caters to families of all ages, investors, and tourists alike through its premium hospitality component, noting that more than 15% of the project’s sales have been made to non-Egyptian buyers.

Eastshire and Cityzen: Low-Density Communities with Premium Living Standards

Speaking about Eastshire in New Cairo’s Fifth Settlement, Zeidan said the project occupies one of the city’s most distinguished locations, directly adjacent to the American University in Cairo. Although the permitted building footprint is 22%, the company chose to build on only 18% of the land and develop villas exclusively, ensuring maximum privacy, comfort, expansive green spaces, and a wide range of amenities.

ALQAMZI is also developing Cityzen, located in the heart of the first phase of Mostakbal City in New Cairo. Zeidan described it as one of the company’s closest projects to his heart for two reasons. First, it is located within Mostakbal City, developed by MIDAR, whose strong board of directors has successfully leveraged the city’s strategic position between New Cairo and the New Capital to create a world-class urban destination with outstanding infrastructure and road networks, while applying strict criteria for selecting developers.

The second reason, he said, is the project’s location within the city’s first phase, where MIDAR has already activated essential services, including banks and retail centres, enabling homeowners to move in immediately upon handover.

Zidan added that the company also prioritised low-density planning at Cityzen to provide greater privacy. Buildings occupy only 16% of the project’s land despite a permitted ratio of 25%, allowing services, landscaping, and green areas to account for 84% of the total area. More than 50% of the development consists of villas, while building heights are limited to ground floor plus three storeys, despite regulations allowing up to six storeys. The project is scheduled for delivery within four years.

A Successful Egyptian-Emirati Partnership Driving Sustainable Growth

ALQAMZI Developments represents a successful model of Egyptian-Emirati partnership. The company is affiliated with ALQAMZI Group, one of the UAE’s leading business entities, established in 1997 and specialising in contracting. After delivering numerous projects across the UAE, the group expanded internationally in 2010, selecting Egypt as its first overseas market and establishing ALQAMZI Developments through a partnership between Emirati businessman Abdullah Al Qamzi and Egyptian businessman Yasser Zeidan.

Zidan said cooperation between Egypt and the UAE spans many years, noting that the UAE is currently Egypt’s largest Arab and international investor, with investments exceeding USD 60 billion across multiple sectors.

He added: “When discussing recent Emirati investment in Egypt’s real estate sector, we must mention the Ras El Hekma agreement, which alone injected USD 35 billion into the state’s treasury as an initial direct investment. In addition, indirect investments in infrastructure, roads, airports, and hotels are expected to exceed USD 150 billion.”

He further explained that the partnership with the Emirati side has enhanced ALQAMZI’s ability to deliver innovation, quality, and premium locations. Achieving these standards requires strong financial capabilities and extensive expertise, particularly in Egypt’s real estate market, where properties are commonly sold through instalment plans extending up to ten years, creating a financing gap between revenues and expenditures.

Zidan noted that for the past 16 years, ALQAMZI has relied entirely on self-financing for its projects and only obtained its first bank financing at the end of 2025 from the National Bank of Egypt, reflecting the company’s strong financial position and commitment.

ALQAMZI has also developed a Very Luxury Product in the Korba district of Heliopolis. The company delivered its first project in the area in 2016, while another project is scheduled for delivery next month.