Company holds over 37% of land plots in Sheikh Zayed’s Golden Square.

Company’s total project investments reach EGP 10bn.

Deyaar for Construction and Development aims to generate between EGP 2bn and EGP 3bn in sales this year, driven by its portfolio of projects in west Cairo, as part of a broader strategy to enhance returns and expand its footprint in Egypt’s real estate market. These targets underscore the company’s confidence in its ability to convert its sizable real estate investments into tangible returns, while further strengthening its standing as a key player in Egypt’s property sector, Invest-Gate reports.

EGP 10 Billion Investments in West Cairo

Eng. Hany Farag, Chairman of Deyaar for Construction and Development, stated that the company’s strategy focuses on delivering a diverse portfolio of residential projects tailored to various customer segments, alongside commercial developments and integrated service facilities, supporting the creation of a modern and well-planned urban environment.

Farag said that the company’s total investments in its current projects amount to approximately EGP 10bn, fully allocated to the development of strategic real estate projects in west Cairo.

He added that these investments fall within the company’s ambitious plan to meet the growing demand for residential and commercial units, amid continued market growth and rapid urban expansion.

Farag added that Deyaar aims, through these investments, to boost its annual sales and increase the company’s revenues, while also supporting the sustainable growth of Egypt’s real estate market.

This will be achieved by delivering innovative solutions that combine high quality with strict adherence to delivery timelines, reinforcing the company’s position as one of the leading real estate developers in Egypt.

An Integrated Development Plan to Meet Market Needs

The company’s chairman noted that since its establishment in 2006, the company has successfully solidified its position as one of Egypt’s leading real estate developers, leveraging over two decades of experience in the property market.

Farag explained that Deyaar has delivered more than 110 diverse real estate projects and delivered over 1,737 residential units of varying sizes and types.

He pointed out that these achievements reflect the company’s commitment to quality and timely delivery, while reinforcing the confidence of clients and investors in its ability to provide fully integrated residential and commercial solutions that meet the needs of different segments.

Strategic Alliance to Double Investments to EGP 20bn

He further revealed that through its strategic alliance with West Way, Deyaar aims to double the size of its real estate investments to EGP 20bn, positioning this partnership among the largest real estate investment alliances currently in the Egyptian market.

The Deyaar Zayed project lies at the heart of this investment strategy, representing the company’s most prominent and distinguished development in west Cairo. Its prime location within Sheikh Zayed’s Golden Square positions it as one of the top investment opportunities in the area, Farag added.

Deyaar owns more than 37% of the total land plots within the Golden Square, reflecting the company’s substantial investments in the area and its strong confidence in Sheikh Zayed’s future as a leading real estate hub that attracts investments and offers promising opportunities for both investors and clients, according to Farag.

Farag said, “Through the Deyaar Zayed project, we aim to deliver a fully integrated urban experience that combines high quality, innovative design, and comprehensive services, reflecting our commitment to developing an advanced investment environment that supports the sustainable growth of Egypt’s real estate market.”

The company’s Chairman concluded that Deyaar for Construction and Development was keen to select an outstanding architectural and urban planning consultant to ensure the highest standards of quality and design.

Appointing an Architectural Consultant to Ensure Top Quality Standards

The company chose AUE (Architectural and Urban Engineering), a regional specialist in architectural and urban engineering, as its strategic partner for executing its major projects. This move reflects Deyaar’s commitment to delivering exceptional developments that combine creativity with adherence to global quality standards.