Jupiter Real Estate Development, a leading player in Egypt’s real estate sector, has announced the launch of its first project, J ONE, strategically located at the intersection of the Egypt-Alexandria Desert Road and the Tahaadi Road. The project, valued at EGP 1.5 bn, targets sales of EGP 3.5 bn, Invest-Gate reports.

Spanning 10,000 sqm, J ONE dedicates 36% of its area to buildings, with the remaining space allocated for greenery and amenities. Situated just minutes from the entrance to Alamein New City and the desert agricultural road, the project aims to serve a population of over 5 million in nearby communities.

Jupiter offers flexible payment plans ranging from one to five years, with a 15% down payment. The project also features a mandatory leasing system, providing guaranteed investment returns for buyers upon delivery, expected within 12 months.

Looking ahead, Jupiter plans to invest EGP 25 bn in diverse future projects, including residential, commercial, and administrative developments in the New Administrative Capital, North Coast, Ain Sokhna, and Fourth Generation cities such as New Beni Suef and New Minya. This marks a significant step in the company’s strategy to redefine real estate development standards in Egypt.