East Cairo real estate Archives - جريدة الاخبارية

Strategic MoU to Boost Construction at Sarai

Madinet Masr (EGX code MASR.CA), one of Egypt’s leading urban community developers

has signed a Memorandum of Understanding (MoU) with Group Construction, a company

specializing in integrated construction services, to accelerate construction works in the flagship

Sarai project in East Cairo This strategic step aligns with Madinet Masr’s expansion strategy

aiming to fast-track project execution while ensuring the highest standards of quality

engineering excellence, and innovative urban development

Details of the Partnership and Investments

The MoU outlines the construction of 80 residential buildings in the “Rai Views” district

within Sarai, with total investments of approximately EGP 1.2 billion. The project timeline

targets completion by the end of 2027, reinforcing Madinet Masr’s commitment to timely

delivery and high-quality construction standards

Executive Statements on the Partnership

Eng Abdallah Sallam, President & CEO of Madinet Masr, commented Strategic partnerships with

trusted entities are the cornerstone of our vision to accelerate construction and deliver innovative

real estate solution Our collaboration with Group Construction reflects our commitment to partners

who share our values and ambition, applying world-class quality and innovation at every stage of

development. We are focused on building integrated, sustainable urban communities with advanced

infrastructure, supporting Egypt’s national urban development goals Eng Sayed Elkattan of Group

Construction added We are proud to partner with Madinet Masr in the construction of Rai Views

within Sarai. This collaboration demonstrates our joint commitment to delivering projects that meet

global construction standards, ensuring quality, and contributing to Egypt’s broader urban development

Our combined expertise will deliver a landmark development that adds real value to Egypt’s real estate market

About Sarai Project

The Sarai project is a flagship mixed-use development in East Cairo, offering a unique

living experience tailored to individual residents. The project balances modern urban

vibrancy with the tranquility of suburban living, featuring diverse residential options

including apartments, S-Villas, townhouses, and more Spanning over 5.5 million sqm

Sarai is strategically located along Cairo-Suez Road and Al-Amal Axis, just 5 minutes from

the New Administrative Capital, 10 minutes from the American University in Cairo, and 15 minutes

from the Ring Road, ensuring easy accessibility and connectivity

Impact on Urban Development in East Cairo

Sarai represents a milestone in Egyptian urban development and real estate investment

combining sustainable design, modern infrastructure, and integrated community living The project

reinforces Madinet Masr’s role in creating high-quality, value-driven residential communities

contributing to the ongoing transformation of East Cairo’s real estate landscap

ALJAR Developments has officially launched the first phase of its flagship real estate project

Aljar British District, located in East Cairo The project spans over 70 feddans with total investments

estimated at EGP 20 billion, marking a major milestone in East Cairo’s real estate development landscape

ALJAR Developments: A New Benchmark in East Cairo Real Estate

Dr. Ahmed Abdel Mageed, Member of Parliament and Founder of ALJAR Developments, announced that

the first phase includes approximately 1,200 residential and serviced units. The hotel segment will be managed

by the internationally renowned Concorde Hotels and Resorts, incorporating cutting-edge architectural designs

to meet modern luxury standards Construction is limited to just 25% of the total land area, ensuring that the

majority of the site is dedicated to green spaces, recreational facilities, and outdoor amenities an ideal

environment for integrated community living

Prime Location and Strategic Connectivity

Situated directly on the Suez Road, opposite the Open Air Mall in Madinaty, and just minutes from

the New Administrative Capital and Cairo International Airport, Aljar British District benefits from

unparalleled connectivity Easy access to key traffic arteries such as the Gamal Abdel Nasser Axis

positions the development as a top residential and investment destination in East Cairo

Integrated Educational and Medical District with British Accreditation

A standout feature of the project is its dedicated educational and medical district, covering 25 feddans

which houses Egypt’s first fully accredited British Medical Sciences University Established through a partnership

with the prestigious Aston University and British healthcare company NHMC, this district will offer undergraduate

and postgraduate degrees in medicine and health sciences The university campus will include a hospital

healthcare villages, and modern educational and recreational facilities, with programs scheduled to launch

in September 2027 This initiative targets both Egyptian and international students, marking a pioneering

step in medical education in Egypt

World-Class Design and Smart Community Features

Committed to global standards, ALJAR Developments has collaborated with leading consultancy

firms from Egypt and the region to ensure superior quality and design The project’s commercial

zone is designed by the acclaimed Egyptian architect Raef Fahmy, while the landscape architecture

is managed by Eng Tarek Sobhy, Chairman of Okoplan The residential area features 67 buildings with

basements, ground floors with gardens, four upper floors, and rooftops, all designed to maximize natural

ventilation, daylight, and open space utilization Artificial lakes add to the community’s aesthetic and

environmental appeal

Diverse Residential Units and Flexible Payment Plans

Aljar British District offers a variety of unit types catering to different market needs

One-bedroom apartments 66 to 72 sqm

Two-bedroom units 116 to 132 sqm

Three-bedroom apartments 151 to 188 sqm

The company also provides flexible payment plans starting with only a 5% down payment

and installments extending up to seven years, making luxury living accessible Full project

delivery is scheduled within three years, underscoring ALJAR Developments’ commitment

to timely execution and high-quality standards

Exclusive Launch Offer and Future Prospects

To celebrate the launch, ALJAR Developments is offering a 10% discount on initial prices for early

buyers Dr. Abdel Mageed emphasized that Aljar British District will become a landmark in East Cairo’s

real estate sector, blending luxury living, advanced medical education, and healthcare facilities within

a smart, secure, and integrated community

الوسم: East Cairo real estate

Madinet Masr Signs Strategic MoU with Group Construction for 80 Residential Buildings in Sarai