NOVARA Development completes the first phase of its “Rêve du Nil” project, attracting clients from around the globe, Invest-Gate reports.

The phase, which features premium units with direct views of the Nile River, sold out in record time.

Mohamed Shibl, Chairman of NOVARA Development, attributed the strong demand to the project’s strategic location along the Nile, which offers breathtaking views and high, sustainable investment returns.

Shibl highlighted that clients have recognized the project’s unique advantages, encouraging them to secure their units quickly.

Moreover, “Rêve du Nil” consists of a ground floor and 20 stories, marking the beginning of several new tourism and hotel projects planned by NOVARA. The company has partnered with leading firms, including Hafez Engineering Consultancy, Gloria Hotels, and Brain2Fact, to deliver world-class services and standards.

Furthermore, Shibl emphasized that the project’s existing construction status provides an additional competitive edge in the Egyptian market. Despite NOVARA’s debut in the real estate sector, “Rêve du Nil” sets a strong foundation for the company’s future success.

Also, Shibl assured that NOVARA is committed to leveraging its extensive experience in developing hospitality and tourism projects. Ambitious investment plans will be rolled out soon. The company aims to build on the trust of its clients by delivering more promising projects in the coming years.