O West City, the integrated city by Orascom Development Company in West Cairo, showcased its most prominent residential projects at the twelfth edition of Cityscape 2023. These projects include Spring Valley, Club Yard, and Core Apartments, all featuring competitive payment options to cater to customers’ needs. With a 5% down payment and 7-year installment plans, these projects aim to provide the utmost convenience.
The Spring Valley project stands out with its prime location, comprehensive amenities, and adherence to international standards. It offers a wide range of independent villas, twin houses, and townhouses, along with elegant exterior designs that complement the high-end landscaping. Notably, the residential units are strategically positioned at different heights to maximize natural scenery, green spaces, pedestrian paths, and bicycle lanes. Spring Valley comprises 217 various residential units tailored to meet the diverse requirements of O West’s discerning customers, aiming for luxury and sophistication. The phase is set to be delivered in 2027.
The Club Yard project boasts 404 residential units, just a minute’s walk from the O West Sports and Social Club. This project is designed to be the perfect family neighborhood, offering a wide array of services and facilities to ensure a vibrant lifestyle, including restaurants, shops, green barbecue areas, bicycle paths, and an artificial lake. The expected delivery date for this phase is also 2027.
The Core Apartments project aligns with the varied needs of O West customers seeking an ideal lifestyle. Comprising around 721 residential units, it includes a variety of apartments and duplexes with competitive prices, as they are semi-finished. This project was launched in response to market demand and garnered significant interest from customers. It also represents a lucrative investment opportunity due to its high financial returns. Impressively, two phases of the project were sold out within just 3 days of their launch, and it is scheduled for delivery in 2027.
Tamer Dowidar, CEO of O West, Makadi Heights, and Bayoum, expressed his satisfaction with these outstanding projects launched this year. He emphasized O West’s commitment to creating an integrated residential environment that caters to diverse customer needs, providing luxurious architectural designs, green spaces, and top-notch facilities.
Dowidar highlighted, “We have ensured that O West City offers everything necessary to become one of Egypt’s most distinguished residential cities. Life has already begun here, and all services were in place before residents moved in, making O West City one of the most sought-after residential cities in Egypt, both for living and investment purposes.”
Notably, O West City has continued to strengthen its position in West Cairo, with net real estate sales increasing by 47.8% in the first half of 2023, reaching EGP 3.6 bn. This growth was attributed to a 43.8% increase in the average selling price per square meter to EGP 52,512 and a 26.6% increase in the number of units sold during the same period. O West City plans to deliver over 1,000 units in 2023 and 2024.
Covering an area of 1,000 acres (equivalent to 4.2 mn sqm), O West City is centrally located in the heart of 6th of October, just minutes away from Juhayna Square. It is known for its unique urban design and planning, balancing buildings and green spaces while creating distinct modern neighborhoods and providing spaces for social events. The city features 11,000 residential units, the O West Sports and Social Club spanning 41 acres, an educational district with four schools offering different systems, a medical district, a commercial district, and the administrative complex O Business District. The city also boasts smart transportation options and advanced security solutions for family safety.