Brevan Developments has announced the launch of a new phase of its flagship residential project, Lake House, located in New Obour City, offering a distinguished collection of premium units at competitive prices and with flexible payment options. This new phase comes in response to the strong market demand for integrated residential communities that combine luxury, quality, and affordability.
The announcement was made during a special ceremony attended by company executives, including Eng. Saeed Sakr, board member of Brevan Developments, alongside fellow board members Ibrahim Abdel Azim and Saber Zahran, as well as representatives from leading real estate marketing companies and strategic partners.
Premium Location and Attractive Investment Opportunities
Eng. Saeed Sakr emphasized that the strong demand for previous phases, driven by the project’s prime location, modern architectural designs, and diverse unit sizes, encouraged the company to launch this new phase. He noted that the latest offering includes residential units with stunning lagoon views, a variety of unit types, and discounts of up to EGP 3,500 per sqm, making it an attractive investment opportunity for buyers.
Lake House is strategically located near the New Obour City Authority and the city’s main entrance, with direct access to Al-Sabein Street, one of the area’s key roads. The project covers 9.5 feddans, featuring 19 residential buildings, a commercial mall with 135 retail outlets, two swimming pools, an artificial lake, a children’s play area, cycling and jogging tracks, landscaped green spaces, and 24/7 security services.
Diverse Unit Types and Flexible Payment Plans
The project offers a wide range of residential units designed to meet various lifestyle needs, including:
One-bedroom studios starting from 81 sqm
Two-bedroom apartments at 136 sqm
Three-bedroom units ranging from 155 to 170 sqm
Four-bedroom units at 215 sqm
Spacious duplex units reaching up to 335 sqm
Flexible payment plans are available, including:
15% down payment with installment options over 6 years
25% down payment with installment options over 7 years
Construction Timeline and Expert Partnerships
Sakr confirmed that construction is set to begin within six months, with unit handovers expected to commence in June 2028. The company has appointed Prof. Dr. Mohamed Abdel Rahman Abu Kahla as the project consultant, alongside partnerships with BEYOOT Engineering & Contracting and Al Saqr Contracting—firms recognized for their high standards and reliability.
Brevan Developments’ Expanding Portfolio
Brevan Developments has a robust portfolio of projects in Obour City, New Cairo, and Hurghada, including residential compounds and hotel developments. The company’s land bank includes prime plots in Sahl Hasheesh, New Cairo’s Fifth Settlement, and commercial sites in Obour City.
Looking ahead, the company plans to launch two commercial malls in Obour City and the La Quanda Compound in Sahl Hasheesh, in addition to ongoing developments. Brevan Developments also aims to expand into the New Administrative Capital and North Coast, building on its extensive experience in Egypt’s coastal real estate market, particularly Hurghada, where it has been active for over 15 years.
The company’s projects are primarily self-financed, supported by revenue from property sales, ensuring stability and consistent project delivery.
