If you are in the real estate industry or just have not been living under a rock for the past couple of years, then surely you have heard about Marakez. The mixed-use development company has been making history since it first opened its doors in 2015. In this short period, the company managed to become an industry guru and make a name for itself among the leading developers in Egypt and the region. In this blog, we will shed light on Marakez’s history and notable portfolio.
Marakez
The leading real estate company, Marakez Development, is a part of the multinational conglomerate – Fawaz Al Hokair Group. Which primarily works in the fashion industry and currently operates 80 global brands scattered across 16 countries on 4 continents. Besides the retail business, Fawaz Al Hokair Group operates in F&B, entertainment, shopping centers, and hotels.
Marakez Development’s portfolio is filled to the brim with high-end residential and commercial projects. It includes:
- AEON Tower (residential project)
- Mall of Tanta (commercial project)
- District 5 (residential project)
- D5M (commercial project)
- Mall of Mansoura (commercial project)
- Town Center (commercial project)
- Mindhaus (administrative and commercial project)
It is also worth noting that Marakez worked on the expansion of the Mall of Arabia. Now, let’s take a closer look at some of Marakez Development’s flagship projects.
District 5
One of the most popular projects of Marakez is District 5. The high-end project is sprawled across 200 acres of land in New Cairo. District 5 offers its residents endless advantages but what truly makes it a unique place to live is its prime concept of offering the five pillars of life in one place.
Each of the pillars has a number of amenities that fulfills it. To put that into perspective, let’s take a glance at each pillar of life in District 5.
- Growth (fitness studios, sports facilities, swimming pool, and fully-equipped gym).
- Play (outdoor plaza, cinema, theatre, casual eateries, cafes, and fine dining venues).
- Live (array of properties varying in types, sizes, features, designs, and prices. However, they all overlook lush greenery and are interconnected with bike lanes).
- Shop (Mall of Katameya that has retail shops, banks, supermarkets, pharmacies, and dining experiences).
- Work (Mindhaus Strip and Mindhaus Campus but more on that later).
Read more about the compound in District 5 : Enjoy The Five Journeys Of Life
District 5 has an elegant selection of properties varying between apartments, duplexes, penthouses, townhouses, and standalone villas. You can get a property in District 5 Markaz at the moment with a price range starting from 3,395,400 EGP up to 9,660,000 EGP.
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out District 5 listings.
Mindhaus
The Mindhaus Campus and Mindhaus Strip are technically a part of the District 5 Compound. However, Marakez treats them as individual projects, as they are developed across a large area of land and have their own set of administrative and commercial properties.
First, the Mindhaus Campus Marakez has co-working spaces, leasable offices, and offices for sale. Needless to say, there are many options available to fit different business needs.
Secondly, the Mindhaus Strip rolls on 16 acres of land that includes a commercial area, sports center, lifestyle center, and numerous offices. The offices of Mindhaus Strip are suitable for middle and large enterprises as they have a built up area range of 600 to 2,400 square meters. Currently, there are numerous offices available for sale in Mindhaus Campus and Strip, including:
- Offices with built up areas ranging between 112 and 128 square meters that are available for a price range of 8,800,000 EGP to 10,339,000 EGP.
- Larger offices with a built up area range of 131 to 157 square meters have prices ranging from 10,569,000 EGP to 12,727,000 EGP.
- Finally, the largest offices in the Mindhaus project have a built up area range of 181 to 191 square meters and have a price range starting from 14,504,000 EGP up to 15,237,000 EGP.
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out Mindhaus New Katameya listings.
AEON Towers
Last but surely not least, Marakez has an outstanding project in 6th of October City – AEON Towers. The 20-floor project is the first of its kind in the area, which perfectly merges urban and suburban lifestyles. Marakez developed The AEON across 21 acres of land and that large area is filled with world-class services and facilities. For instance, there are;
- An 800-meter jogging track
- Leisure pool, indoor heated pool, and kids’ pool
- Sports facilities including multi-purpose courts, gym, football fields, and squash courts
- Fenced dog park
- Lush green areas and landscapes
- Commercial area
- 24-hour attended lobbies
- Daycare
- Health and wellness facilities (such as jacuzzi, spa, sauna, and steam room)
- Lounging areas (sky lounge, residence lounge, and urban lounge)
- Underground parking
AEON Towers features a collection of elegant apartments, spacious duplexes units, and luxurious penthouses. At the moment, there are a large number of properties available for sale in AEON Towers directly from Marakez at different prices. For instance, you can get
- Apartments that include 2-4 bedrooms and a built up area range of 168 to 403 square meters. These properties have a price range starting from 14,961,000 EGP up to 28,056,000 EGP.
- Or penthouses featuring 4 bedrooms and a built up area of 518 square meters are available for a price range of 50,863,000 to 51,568,000 EGP.
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out AEON Towers listings.
Final Thoughts
Marakez Development is a real estate guru that has numerous outstanding projects all over Egypt. Each project was carefully developed to give its residents a unique living experience that prioritizes their happiness, health, comfort, and convenience.
In other words, if you live or work in one of Marakez Development projects, you can rest assured that you will enjoy the highest standards.
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