Strong Demand Reflects Market Confidence
Emaar Misr for Development announced the complete sell-out of all units in Phase II of its flagship residential project, Mivida Gardens, located in East Cairo, within just 24 hours of opening sales. The achievement highlights strong market demand and reinforces the high level of customer confidence in Emaar Misr’s brand and track record in the Egyptian real estate market.
Diverse Unit Mix Catering to Multiple Segments
The company stated that Phase II featured a wide range of fully finished residential units, including apartments, townhouses, and villas with varying sizes, designed to meet the needs and preferences of different customer segments.
Advanced Construction Progress and Accelerated Execution
In parallel with the sales launch, Emaar Misr confirmed that construction and development works have reached advanced stages. Building activities commenced approximately four months after the launch of Phase I in May 2025, reflecting the company’s commitment to accelerating execution timelines and adhering to announced delivery schedules.
Phase III to Be Launched in Response to Growing Demand
Building on the strong sales performance, Emaar Misr revealed plans to launch Phase III of Mivida Gardens in the coming period, in response to increasing demand from both end-users and investors.
Integrated Community with International Standards
Mivida Gardens represents a valuable addition to Emaar Misr’s portfolio, featuring contemporary design, a strategic location, and fully integrated amenities and services. The project embodies the concept of sustainable, integrated communities that balance quality of life with environmental responsibility.
Strategic Location and Significant Investments
The project is strategically located along the Cairo–Suez Road, spanning an area of approximately 500 acres, with total investments estimated at around EGP 100 billion. It comprises more than 2,900 residential units, including apartments and villas, with unit sizes ranging from 200 to 600 square meters and offering between three and seven bedrooms. The development also includes a sports club and a fully integrated school.
A Strong Track Record of Landmark Developments
Emaar Misr for Development has an established track record in the Egyptian real estate market through landmark projects such as Uptown Cairo in Katameya, Mivida, Marassi, Soul in the North Coast, and most recently Marassi Red Sea, all of which have contributed to the development of world-class integrated communities.