Dubai Real Estate Development has recently held a grand event at a prestigious Cairo hotel to launch its second residential project in Egypt’s New Administrative Capital, “Lumia Lagoons,” Invest-Gate reports.

This new development follows the remarkable success of their first project, “Lumia Residence,” which achieved record sales in 2023.

The launch event provided extensive details about Lumia Lagoons, highlighting the company’s commitment to excellence. Dubai Real Estate Development has partnered with Mohamed Talaat, Chairman of Mohamed Talaat Architects, as the chief architectural consultant for the project.

Talaat expressed his enthusiasm for the collaboration, noting that Dubai Real Estate’s organized approach and deep market understanding have positioned them as a leader in Egypt’s real estate market.

Moreover, Lumia Lagoons is strategically located in the R8 area of the New Administrative Capital, offering residents stunning, elevated views and easy access to commercial centers, educational institutions, and medical facilities. The project includes a variety of residential units, from 54 sqm studios to expansive Lagoon Garden House and Lagoon Sky House units starting at 211 square meters.

Furthermore, Talaat emphasized that the architectural designs will make Lumia Lagoons a prime investment opportunity, setting a new benchmark for residential projects in the area. He praised Dubai Real Estate Development for its responsiveness and commitment to maintaining high standards, which ensured the project’s success.

With its strategic location and diverse housing options, Lumia Lagoons is poised to become one of the most sought-after developments in the New Administrative Capital.