Arab Developers Holding has announced that it will begin handing over the first phase of its flagship project Nyoum Assiut before the end of 2025, marking a major milestone in Upper Egypt’s real estate landscape,Invest-Gate reports.
Located atop Nasser City Plateau in West Assiut — one of Egypt’s fourth-generation cities — the project stands as the first fully integrated residential community in the area, positioning Arab Developers Holding as the first real estate developer to start delivery in this promising destination.
Spanning 91.5 acres, Nyoum Assiut reflects the company’s firm commitment to transforming visions into reality, with 90% of the first phase’s construction already completed. The phase includes 79 villas and 80 apartments designed with contemporary architecture and high-quality standards that embody Arab Developers Holding’s hallmark of innovation and excellence.
Strategically located just 14 km from Assiut City, 10 km from Assiut International Airport, and 700 meters from Badr University, Nyoum Assiut is envisioned as a sustainable, self-contained community that enhances quality of life and drives urban development across Upper Egypt.
The project’s delivery schedule aligns with the company’s strategic plan to accelerate construction and hand over all units within the current development timeline by the first quarter of next year. This progress is supported by an integrated roadmap of investments and partnerships with leading contracting firms, ensuring adherence to the highest construction and quality standards. Arab Developers Holding has also made tangible progress in the project’s second phase, reaffirming its ongoing commitment to expansion and sustainable investment across Egypt and the region.
Dr. Ayman Bin Khalifa, CEO and Managing Director of Arab Developers Holding, stated that the company has invested approximately EGP 440 mn in Nyoum Assiut, making it the first developer to deliver units in Nasser City. He emphasized that this achievement supports the company’s vision of building integrated communities that enhance quality of life and align with Egypt’s urban expansion strategy in Upper Egypt.
He added that the start of handovers represents a strategic step that will expand the company’s land portfolio and boost investment returns, revenue, and profitability in the coming period. Dr. Bin Khalifa stressed that delivering the project on schedule reinforces investor confidence in the company’s operational capabilities and sustainable growth model, extending his appreciation to the dedicated team and valued clients whose trust continues to drive Arab Developers Holding’s success.
Nyoum Assiut stands as one of the most significant urban development projects in Upper Egypt, embodying the company’s ambition to extend its footprint across southern governorates through modern, integrated communities that align with Egypt’s national development agenda. The project comprises villas, apartments, a hotel, artificial lakes, landscaped areas, and mixed-use facilities — offering a smart and sustainable living experience within a fourth-generation city.