Al Ahly Sabbour has unquestionably proven itself as the leading real estate company in Egypt، due to its remarkable ability and extensive experience in exploring new destinations and providing its clients with exceptional investment opportunities. With over 30 years of experience، Al Ahly Sabbour has established its unique character in the real estate market through its understanding of client’s needs، choosing prime locations، providing innovative designs، and offering smart solutions that maximize space utilization and efficiency، thus offering unique investment opportunities for its clients، giving them confidence and reassurance in their investment decisions.Al Ahly Sabbour acquired 1045 new acres of land during the first quarter of 2024، which represents a 36% increase in the company's land portfolio. This acquisition includes 181 acres in phase one in Mostakbal City، which is a continuation of the company's success story as the first and greatest real estate developer in the city. The remaining 864 acres are located in Ras Al Hekma on the North Coast، which adds a new distinguished destination to the company's portfolio and completes the projects owned by the company on the North Coast. These new projects are scheduled to start this year، making 2024 a year of new projects for Al Ahly Sabbour.Eng. Ahmed Sabbour، Chairman of the Board and Managing Director of Al Ahly Sabbour، unveiled the company's latest two projects in 2024، confirming that the company is expanding its land portfolio، proving that the Egyptian real estate sector is the driving force of the economy and capable of overcoming challenges and fostering sustainable development. Ras Al Hekma represents the future of tourism investments، while Mostakbal City is the future of residential real estate investment in East Cairo.
See Details
Al Ahly Sabbour Developments has entered into a contract with MIDAR for Investment and Urban Development to develop a 181-acre plot of land in Mostakbal City, located in New Cairo, Invest-Gate reports.This initiative is part of Al Ahly Sabbour’s strategy to expand its land portfolio and introduce a mixed-use project in the area. The decision is driven by customer demand and the growing popularity of Mostakbal City as a distinguished investment destination, particularly due to the plot’s prime location in one of the city’s beautiful and prestigious areas.Ahmed Sabbour, Chairman and Managing Director of Al Ahly Sabbour Developments expressed his delight regarding the collaboration with MIDAR. He commended their efforts in creating a unique and exceptional city that can rival international counterparts.Sabbour emphasized the company’s aspiration to capitalize on expansion opportunities in alignment with its core objective of developing innovative and world-class real estate projects in Egypt. With a successful track record of over 30 years, Al Ahly Sabbour has been known for delivering distinguished projects by carefully selecting prime locations and incorporating innovative designs. The company also emphasizes strategic partnerships with major specialized companies worldwide.Sabbour explained that the new project will be mixed-use and will represent a new qualitative leap for the first phase within the city. The project will also encourage more developers to invest in it, especially since it represents an urban extension and a promising future for the East Cairo region.
See Details
