UC Developments announces the upcoming launch of a residential project in New Cairo as part of its strategic expansion plan in the Egyptian market, Invest-Gate reports.

The new development will be located in the heart of New Cairo, between the northern and southern 90th Streets, opposite the American University, spanning over 15 feddans in the Lotus area. The project will offer comprehensive services and dedicate 80% of its area to lush green landscapes, accounting for 80% of the total project area.

The company plans to open reservations for the project’s first phase on December 1, with competitive pricing for selected units. UC Developments aims to offer exceptional services through strategic partnerships with leading companies and specialized engineering, management, and operations consultants.

This project is part of UC’s broader growth strategy in the Egyptian market, which includes landmark developments in prime investment areas. Within four years, the company has successfully delivered residential, administrative, hospitality, and medical projects, including “Uni Tower 1,” “Uni Tower 2,” “East Tower,” and “Sole” in the New Administrative Capital.

UC’s plans include expanding to new locations, focusing on Western and Eastern Cairo, as well as the North Coast. 

UC Developments’ Vice Chairman, Hadi Hamdy, noted, “The Egyptian market is a key hub for investor interest, and this expansion aligns with our strategy to diversify our project portfolio across promising cities.”