Amid the rapid developments shaping the Egyptian real estate market, Main Marks Developments continues to strengthen its market position by achieving advanced construction progress at its MORAY project, reflecting a clear operational vision, strong financial standing, and a firm commitment to delivering high-quality developments.
Strong Sales Performance Backed by Tangible Execution
Commenting on the project’s performance, Ahmed Shaker, Co-Founder and CEO of Main Marks Developments, emphasized that MORAY’s success is not driven solely by marketing efforts, but rather by a strategy centered on actual on-site construction progress as a key driver for building market and customer confidence.
Shaker revealed that the project has achieved 50% sales of available units, alongside the completion of approximately 60% of the first development phase, underscoring the company’s approach of aligning sales growth with real execution milestones.
Accelerated Development with High Quality Standards
He added that these indicators reflect the company’s strong financial position and execution capability, particularly amid the challenges facing the real estate sector. Since the project’s launch, Main Marks Developments has adopted a strategy focused on accelerating construction timelines without compromising quality or construction safety standards.
Partnerships with Major Contractors to Fast-Track Delivery
Shaker also disclosed that the company has partnered with leading execution entities, including one of the largest contracting firms in the Egyptian market, to compress project schedules and speed up construction progress, while maintaining full compliance with approved engineering and technical specifications.
Smart Design Tailored to Market and Client Needs
He noted that MORAY features a non-traditional, smart design concept aimed at meeting evolving customer expectations across all components of the project. The design approach balances value, pricing, and functionality, ensuring alignment with current market dynamics and client needs.
Commercial Component Attracts Leading Brands
Regarding the commercial component, Shaker confirmed that Main Marks Developments is in advanced negotiations with several major brands to secure their presence within the project. This strategy is designed to deliver a diverse mix of services and activities, while adhering to international brand selection standards, enhancing MORAY’s investment appeal and long-term competitiveness.
Raised Investment Targets Driven by Strong Demand
Shaker concluded that MORAY’s strong performance has prompted the company to raise its investment targets, supported by robust demand, accelerated construction progress, and a clear operational roadmap. He affirmed that MORAY represents a clear example of Main Marks Developments’ philosophy, which balances speed of execution, high-quality delivery, and sustainable investment returns, reinforcing market confidence in both current and future projects.
