Mabany Edris Strengthens Its Presence in Egypt’s North Coast Mabany Edris Real

Estate Development has reinforced its leading position in the Egyptian property market

through its flagship Koun Project in Ras El Hikma, part of Egypt’s thriving North Coast.

Known for delivering high-quality projects with exceptional implementation rates,

the company continues to attract elite clients and investors looking for luxury living

and secure investments.

Koun: A Landmark Development in Ras El Hikma

Occupying 110 feddans of premium beachfront land at kilometer 201

of the Alexandria–Matrouh Road, Koun enjoys a unique elevation of up to 34 meters

above sea level, giving most units unobstructed views of the Mediterranean and

internal lagoons.

The project includes over 1,500 residential units — from cozy one-bedroom chalets

to spacious three-bedroom apartments, penthouses, twin houses, townhouses,

and standalone villas. All homes are delivered fully finished with contemporary designs

that balance elegance and functionality.

Rapid Construction and Strong Investment Appeal

With a planned investment exceeding EGP 15 billion, Mabany Edris is accelerating

the pace of development.

The company has already launched hundreds of fully finished model units,

which received strong market feedback for their high-end finishes and efficient layouts.

Construction has achieved significant progress, reflecting the company’s ability to

meet delivery timelines. The first phase handovers are scheduled to begin in 2027,

supporting the project’s target sales of more than EGP 12 billion.

A Diverse Portfolio Beyond the North Coast

Beyond Koun, Mabany Edris has delivered landmark developments across Egypt,

including:

ONS New Zayed in Sheikh Zayed City — an upscale residential community spanning 84 feddans.

Central Avenue in Sheikh Zayed — a vibrant mixed-use commercial and medical complex.

Rufaidah Medical Complex — an advanced healthcare hub serving West Cairo.

Asayla in New Assiut — the first luxury villa compound in Upper Egypt.

With over 25 years of experience, Mabany Edris continues to deliver projects

that combine quality, innovation, and long-term value, enhancing Egypt’s real estate

landscape across residential, commercial, administrative, and medical sectors.