Golden Land Development, a leading company in real estate, agricultural, logistics, and industrial development, has announced the launch of its latest residential project, Naseem Compound, located in the Green Revolution area of Sheikh Zayed. The project combines luxury, tranquility, and smart design, as part of the company’s expansion strategy to deliver fully integrated residential communities with total investments reaching EGP 5bn. The project is developed under the leadership of Eng. Kotb Mokhtar, Chairman, Mr. Mohamed Hamdy, Chief Executive Officer , and Mr. Ahmed Abdel Rahman, Chief Commercial Officer, Invest-Gate reports.
Mr. Ahmed Abdel Rahman, Chief Commercial Officer, stated that Naseem Compound enjoys a unique and strategic location, being one minute from the Cairo–Alexandria Desert Road, two minutes from El-Nozha Street, three minutes from Sphinx International Airport, and ten minutes from the Grand Egyptian Museum.
He explained that the design of Naseem focuses on enhancing quality of life. The compound spans 8.5 feddans with a low construction ratio of 27%, emphasizing green spaces and artificial lakes to ensure residents’ privacy and comfort. The project includes 10 residential buildings with a height of G+4, all overlooking open landscaped views.
He added that the project offers a wide range of residential units from one to four bedrooms, with varying apartment layouts in each building—four, six, or eight units per floor—providing diverse options that cater to different residential and investment needs.
He also noted that Golden Land Development contracted ADC to handle the architectural and engineering designs of the project, while the partnership with Sheikh Abdul Aziz bin Nasser Al Thani adds international expertise in developing high-end residential and commercial communities.
In terms of pricing and payment plans, Abdel Rahman stated that the company has introduced competitive prices and flexible payment systems. Prices start at EGP 35,000 per sqm, with a 5% launch discount, a 10% down payment, and installment plans extending up to 10 years, with delivery scheduled within three years. Units can be reserved prior to launch with a fully refundable booking fee of EGP 50,000.
Golden Land Development has an established track record of successful projects, including Mini Compound Ladress, Stip Mall, and several developments in Beit Al Watan, reinforcing Naseem Compound’s position as a secure and distinguished residential and investment opportunity.