ASPECT announces its official launch in Egypt’s real estate market, Invest-Gate reports.
This strategic move is part of the company’s expansion plans in both the Egyptian and Gulf markets, starting with its first project in New Cairo, alongside a tower development in Abu Dhabi.
ASPECT launches its first flagship project: a luxury boutique compound situated in the heart of New Cairo’s Fifth Settlement, at the end of 90th Street and near the American University. Thoughtfully designed to go beyond traditional housing, the development embraces every dimension of the human experience, intellectual, social, emotional, and physical.
Spanning over 12 feddans and backed by an EGP 15 bn investment, the project seamlessly integrates architecture with human aspiration, offering a balanced blend of tranquillity and vibrant community life. Project delivery is expected within four years, reflecting ASPECT’s strong commitment to quality, precision, and excellence.
On this occasion, Eng. Ahmed Awadallah, CEO of ASPECT and Chairman of UDesign Holding, highlighted the significance of this launch, stating,
“We are not just building homes; we are creating environments that empower individuals to thrive intellectually, socially, emotionally, and physically. Our developments are thoughtfully shaped to meet the evolving needs of modern living, blending innovation with authenticity.”
As a leader in luxury community development, ASPECT focuses on modern simplicity and architectural harmony, ensuring that each project seamlessly blends elegance with functionality.
Eng. Mohamed Diab, CEO of Inversion, expressed his optimism about this partnership, saying, “We are keen on introducing a new vision for real estate development in Egypt, committed to delivering innovative solutions that ensure quality execution and excellence in every project.”
Eng. Ahmed Nabil, CEO of UDesign Holding and Chairman of ASPECT, emphasized the construction’s role in ASPECT’s success, stating,“At U Design, we take pride in being a strategic partner in bringing ASPECT’s projects to life with top-tier quality and precision. We focus on advanced construction technologies, sustainable materials, and efficient resource management to deliver urban communities that meet global standards for comfort, safety, and durability.”
Mr. Amr Younis, Managing Director of Grid Design & Engineering, underscored the role of design in achieving ASPECT’s vision, stating,“At Grid, we create designs that blend elegance with simplicity, ensuring that every project is a masterpiece of beauty and functionality.”