Al Ahly Sabbour launches its latest residential project, Rare, in Mostakbal City. The project area covers 59 acres and offers 670 townhouses with a total of EGP 770 mn in construction costs, Invest-Gate reports.

The delivery of phase I with 306 units is expected to be in the fourth quarter of 2025, the official statement on Mrach 23 reads.

Eng. Ahmed Sabbour, CEO of Al Ahly Sabbour, states, “Choosing the right location for any project is key, especially when it comes to housing. It must be accessible through road network, and have high quality social infrastructure that includes schools, universities, entertainment and recreational areas. This is what we at Al Ahly Sabbour found in Mostakbal City with its master plan that includes a comprehensive system that meets the different needs and patterns of modern, daily life.”

Sabbour notes that increase in the development of fourth-generation cities around Egypt, allows developers to add more value to efforts through partnerships with a myriad of global experts.

He adds, “We have worked to provide Al Ahly Sabbour residents with first-class integrated facility management (IFM) services. Therefore, we focus on finding the right partners who will be able to offer their expertise.”

Al Ahly Sabbour’s projects in Mostakbal City have thus seen great progress. The launch of Rare will be developed in two phases, and the construction for neighboring projects The Ridge, Alaire and Alaire Park is moving according to schedule.