Madinet Masr (EGX code: MASR.CA), one of Egypt’s leading urban community developers, has announced the launch of “Elm Tree Park”, the latest addition to its flagship development, Sarai, with total investments of EGP 11bn and targeted total sales of EGP 20bn. Strategically located near the New Capital, the project reflects the company’s ongoing expansion strategy and its commitment to supporting the sustainable growth of Egypt’s real estate sector, Invest-Gate reports.
Spanning 476,262 sqm (around 113 acres), Elm Tree Park will feature 2,150 residential units, including apartments, standalone villas, townhouses, and S-Villas. The project introduces flexible and innovative payment plans, designed to make home ownership more accessible to a wider segment of Egyptian customers. Monthly installments start from EGP 5,094 for studio apartments, a step that demonstrates Madinet Masr’s focus on inclusivity and affordability in real estate investment.
Eng. Abdallah Sallam, President and CEO of Madinet Masr, stated: “The launch of our new project “Elm Tree Park” reflects our ongoing growth and expansion strategy and reinforces our leadership in Egypt’s real estate market through the development of innovative projects that meet customers’ needs and contribute to the sector’s growth. We are proud to introduce a new flexible payment plan, that makes ownership more accessible to a wider segment of Egyptian customers. This aligns with our vision to empower more people to invest in real estate and stimulate demand in the market. We believe such steps represent a strong push toward the sustainability and continued growth of Egypt’s real estate sector.”
Through this new launch, Madinet Masr aims to enhance its position as a pioneer in delivering accessible and high-quality developments, addressing the diverse needs of Egyptian families. Elm Tree Park is designed to combine diversity, quality, and accessibility, reflecting the company’s philosophy of creating sustainable urban communities.
The Sarai development, where Elm Tree Park is located, spans 5.5mn sqm along the Cairo–Suez Road and Al-Amal Axis, only five minutes from the New Capital. The project offers a unique living concept that merges modern vibrancy with suburban tranquility, featuring a range of unit types and spaces tailored to different lifestyles and preferences.