Arabian Mark Developments announced that it has obtained the ministerial decree for its residential project “REWAQ Residence” in New Cairo, in a step that reflects the project’s readiness to commence execution in accordance with a well-studied planning vision centered on quality of life and providing the highest standards of luxury, Invest-Gate reports.
Affirming Institutional Commitment and Quality Standards
For his part, Ahmed Gamal Aldin, Chairman of Arabian Mark Developments, stated that the issuance of the ministerial decree represents confirmation of the company’s commitment to organized institutional work, noting that the company is keen to begin implementing the project with the highest quality standards and in line with the contracts agreed upon with clients. The company aims to deliver a distinguished project in East Cairo that reinforces its leading position in the real estate market.
A Strategic Location in the Heart of New Cairo
He added that “REWAQ Residence” enjoys a prime strategic location in the heart of New Cairo, in close proximity to the German University in Cairo and the American University in Cairo, granting it high residential and investment value in one of the most in-demand areas in East Cairo. Choosing a prime location is a fundamental mechanism that significantly contributes to the project’s success.
Reducing Urban Density and Enhancing Green Spaces
He emphasized that the project’s philosophy is based on minimizing urban density to the lowest possible level, with a built-up ratio not exceeding 25% of the total project area, while allocating the larger portion to green spaces and open areas. This provides a quiet and balanced residential community that redefines the concept of comfort within new cities.
A Vision for Sustainability and Long-Term Planning
He explained that the company began its journey in the real estate development sector with a project that carries a distinctive imprint, reflecting a clear orientation toward sustainability and long-term planning, and placing the client before a genuine real estate product based on real usage value rather than mere marketing figures.
The Ministerial Decree as a Guarantee of Confidence and Protection of Rights
He pointed out that obtaining the ministerial decree represents a pivotal step in the path of any serious real estate project. It also reflects the clarity of the project’s planning vision from its early stages and grants clients and investors a high degree of confidence and security, as it serves as an official guarantee that the project is proceeding according to an approved plan that protects the rights of all parties involved.