Safwa Urban Development (SUD) has become the first real estate developer to deliver units in New Mansoura City with the handover of villas in The Pearl project, Invest-Gate reports.

During a vibrant ceremony attended by homeowners, officials, and celebrities, SUD celebrated this milestone, reaffirming its commitment to timely delivery and exceptional quality standards. Homeowners expressed their happiness upon receiving their villas, while the company presented valuable gifts and a complimentary one-year medical insurance plan as a gesture of appreciation.

Spanning 60 acres with a 550-meter beachfront, The Pearl features villas, townhouses, a hotel, a clubhouse, and New Mansoura’s first open-air mall over 12 acres. With 77.5% of the project dedicated to green spaces, it offers a fully integrated lifestyle just 10 minutes from Delta and New Mansoura Universities.

SUD also announced the launch of a new phase featuring units starting from 57 sqm, with a 10% down payment and installments up to 10 years. The company noted that The Pearl achieved a 350% return on investment between 2019 and 2024, underscoring its strong market performance and customer trust.

The celebration concluded with artistic performances by Nicole Saba and Rahma Hassan, highlighting SUD’s ongoing success and vision for Egypt’s new cities.