Saudi Group Developments has launched its latest residential project, “VALEA”, in the heart of Sheikh Zayed City, with investments reaching EGP 3 bn, Invest-Gate reports.

The move marks a significant step in the group’s expansion plans for Egypt’s growing property market.

The project results from a strategic partnership between Saudi businessman Eng. Yehia bin Ahmed El Ansari, Chairman of the Saudi Group Developments, and Eng. Bisher Mohamed Abu Hamar, the company’s CEO.

Strategically located on the Cairo-Alexandria Desert Road, “VALEA” spans a mixed-use development offering a range of residential units—from one- to three-bedroom apartments and penthouses—to a commercial mall with direct road access. The development features an innovative architectural approach, with all interior spaces fully pedestrianised, excluding cars from the central zone to enhance safety and tranquillity.

“VALEA”reflects our vision to create fully integrated communities that deliver more than just housing—offering a balanced lifestyle that combines innovation, sustainability, and privacy,” said El Ansari during the launch event. “We believe the future of real estate starts with respecting the environment and human well-being.”

CEO Abu Hamar added, “This project demonstrates our commitment to providing genuine value to the Egyptian market by developing modern communities that meet global standards while preserving Egyptian identity.”

Architectural consultant Zeyad Elsyad, Head of Architectural Engineering Department at Alexandria University, said Valea’s design prioritised sustainability, energy efficiency, and generous green spaces, along with a vibrant retail hub to meet residents’ everyday needs.