Rayat Real Estate has announced the launch of its first project in Egypt, “Malaz Residence,” in 6th of October City, with investments exceeding EGP 20bn. The project is being developed through Rayat’s acquisition of the fifth and sixth phases of the Garden Hills development on a 42-feddan area.The project is backed by a strong investment alliance that includes the UAE-based Rashid Al Jabri Group, Dr. Diaa El-Din Ibrahim, prominent Egyptian and Arab investors, and Rayat itself, Invest-Gate reports.
Mr. Rashid Al Jabri, Chairman of the Rashid Al Jabri Investment Group, said: “Malaz Residence represents a strong entry for the company into the Egyptian market, and reflects our vision to deliver integrated residential communities that combine quality and luxury at competitive prices. The project spans 42 feddans in the heart of the Northern Expansions in 6th of October City, and includes around 2,450 residential units of various sizes to meet the needs of different client segments.”
He added: “We are keen to offer flexible payment plans starting with only 10% down payment, with long-term installment facilities, ensuring broader accessibility for clients while committing to the highest standards of finishing and services.”
Al Jabri emphasized that Rayat aims to expand in several strategic destinations over the coming period, most notably the North Coast, New Cairo, and the New Capital, reinforcing the company’s presence as a strong and ambitious new entrant in the Egyptian real estate market.
Dr. Diaa El-Din Ibrahim, Managing Director and Engineering Consultant, explained: “The consulting office oversees all engineering aspects of the project to ensure adherence to the highest quality standards and modern design. Our goal is that Malaz Residence becomes a model for integrated residential projects that combine contemporary urban planning with exceptional services, creating real value for investors and clients alike.”
He added: “We confirm that the project will be delivered within three years, which reflects the strength of Rayat’s planning and execution, backed by the investment alliance supporting it. In addition, we focus on integrating smart services and recreational and social facilities that make the project a fully integrated community that meets the needs of the modern Egyptian family.”
Malaz Residence covers 42 feddans and offers 2,450 residential units. The project will be delivered within three years and is supported by flexible payment plans starting with a 10% down payment. It includes green landscapes, sports areas, social clubs, schools, mosques, and a modern architectural approach designed to provide comfort, functionality, and luxury.
Al Jabri stated: “Our future plan is to expand sustainably in the Egyptian market through premium residential and commercial projects, focusing on strategic locations such as the New Capital, New Cairo, and the North Coast, so that Rayat becomes one of the leading players in the real estate development sector in the coming years.”
Dr. Ibrahim added: “The expansion will not be limited to residential compounds only, but will also include developing mixed-use projects that combine residential, commercial, and service components, aligned with modern engineering and environmental standards, reflecting the company’s commitment to providing real value for both investors and clients.”
The launch of Malaz Residence marks a strong beginning for Rayat in the Egyptian market, supported by a powerful Egyptian–Emirati partnership and a vision focused on delivering modern, high-quality communities across its future projects.