An Egyptian–UAE investment consortium has announced the launch of vie communities, a new major real estate developer, alongside its flagship project VIE COLLECTIVE in New Cairo, with total investments reaching EGP 200 billion, Invest-Gate reports.

A New Real Estate Powerhouse

vie communities aims to position itself among Egypt’s leading developers through a strong institutional framework that integrates expertise in investment, development, construction, and financial services, enabling efficient execution and accelerated delivery.

Landmark Mixed Use Development

The VIE COLLECTIVE project spans 186 feddans in New Cairo and is designed under a comprehensive master plan aligned with global standards for mixed-use communities, catering to evolving market demand.

Strong Investor Consortium

The company is backed by prominent investors, including GLAMOUR Jewellery and UAE-based DAMAS Real Estate, led by CEO Dr. Haitham Samir, forming a powerful combination of capital strength and operational expertise.

Global Design and Consultancy Partners

The project is being developed in collaboration with leading global and local firms, including ATKINS, PwC, Hany Saad, and Raef Fahmi, ensuring world-class standards in design, planning, and sustainability.

Phased Development Strategy

The development will be executed over five years in multiple phases, with the first phase scheduled for delivery within two years, reflecting a structured and ambitious expansion plan.

Targeting Local and International Markets

VIE COLLECTIVE is designed to serve both local and international clients, as well as multinational corporations and global brands, offering a fully integrated environment for living, business, and investment.