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Al Dabaa

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Ain Sokhna

Hurghada

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October Gardens

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Ras El Hekma

Ras Sudr

Sahl Hasheesh

Somabay

Sidi Heneish

Sidi Abdel Rahman

Ghazala Bay

London England

6th of October City

Mostakbal City

Madinaty

Maadi

Mokattam

New Heliopolis

Apartment

Marakez

Apartment for sale in DISTRICT 5

 Apartment For Sale In District 5 New Cairo 

Apartment for sale in District 5 New Cairo

Apartment for sale in District 5

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Apartment For Sale in District 5

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Townhouse

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Duplex

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ARDIC For Real Estate Development

IL Cazar Developments

Mimary Group

Al Jazi Egypt

Al Qamzi Developments

Engineering Company For Construction

EG Towers Real Estate Development

Jiwa Developments

DM DEVELOPMENT

The Land Developers (TLD)

SAG Developments 

North Africa For Real Estate Investment

Safwa Urban Developments (SUD)

Facil

MBG Developments

Modon Holding UAE

Modon Developments

Manaj Developments

The New Urban Communities Authority

Milestone Developments 

Remaal Properties

UE Developments

HPD- Heritage Pan Arab Development

Orascom Development Egypt

N Developments

Upwyde Developments

Atric Developments

Ajna Developments

The Address Development

RUD Developments

Arabco Developments

Arabella

ARQA Development Group

Arkan Palm Development

Arkan Developers

ARCO

Aroma Development

Ezan Developments

Asaldi Properties

Emaar Rezk Group Developments 

Emaar Misr

AMG (Ava Mina Group)

Afaaq Developments

Ofouk Developments

Akadia Developments

Akam Alrajhi Developments

Akam Developments

October for Development and Real Estate

AMCO

Al Ahly Sabbour Developments

Housing and Development Properties HDP

Alashraf Developments

El Ashrafeya

Emirates Heights

Al Ahly For Real Estate Development

Al Babtain Group

Al Baron Developments

El Baron Developments

El Batal Developments

El Gabry Developments

Al Guzeira Group

Al Jawhara Real Estate Development

El Hazek

INMA Developments

ALDAU Development

Al Dawlia Developments

Qatari Diar

Al Diwan

Al Rabat Developments

Al Rabwa Group

Al Riyadh Misr

Saudi Egyptian Developers (SED)

Orientals for Urban Development

SAK Development

Egyptian Engineering Company

ERC [ Egyptian Resorts Company ]

Egyptian Kuwaiti Real Estate Development

El-Shahawi Group

Safwa Real Estate

El Abd Resort Sidi Heneish

El Attal Holding

Arabia Holding

Orouba Misr Development

EL Ezz Development

Al Azizia Commercial Investment Company 

Al-Futtaim Group Real Estate

Al-Futtaim

New Cairo Real Estate Investment Company

AlKarma Developments

Al- Kamel

United For Housing and Development

Almadaen Misr

Al Marasem Development

El Masria Group Developments

Egyptian Developers

Al Manara for Urban Developments

Al Manara Developments

Golden Eagle For Construction

Al Nasr Housing and Development

Nile Developments

Clubhouse 

Medical center

Business Hub

Marakez Development was founded in 2015 and it is a key part of the Fawaz Al Hokair Group, which began in 1989 when three brothers—Fawaz, Salman, and Abdul Majeed Abdulaziz Alhokair—launched two menswear stores. Over the years, the Group has expanded significantly and now has a diverse range of investments, including construction, financial services, healthcare, hospitality, energy, fashion, and real estate development. Marakez Development has made a significant mark in Egypt by creating a variety of well-known mixed-use projects. Their developments stretch from the North Coast to New Cairo, showcasing their commitment to enhancing urban living across the country. Facts About Marakez Development Recognizing the potential of the Egyptian economy, the Fawaz Al Hokair Group formed a new team of talented young Egyptian professionals in September 2015. This team was tasked with establishing the largest mixed-use development and management company in Egypt.&nbsp; As a result, Marakez Development was created, with a mission to become the first-choice mixed-use developer in Egypt and the region. This initiative reflects the Group's commitment to contributing positively to Egypt's growth and development. Its vision also is to envision, build, and manage mixed-use developments that are the heart and soul of the communities they serve. It's worth noting some key figures that highlight the success of Marakez Developments: <ul><li>Experience: Marakez Real Estate Development Egypt has over 9 years of experience in the real estate sector.</li></ul> <ul><li>Land Area: The total land area of their projects exceeds 4 million square meters, showcasing their extensive footprint in mixed-use development.</li></ul> These figures underline Marakez Real Estate Developments' significant impact on the Egyptian real estate market and their dedication to creating vibrant communities. Marakez Development History&nbsp; Marakez Developments has built a remarkable history in the real estate sector, marked by significant milestones:&nbsp; <ul><li>Foundation: Marakez was established as part of the Fawaz Al Hokair Group, which began in 1989. The Group initially focused on menswear stores before expanding into various sectors.</li></ul> <ul><li>Expansion into Egypt: The Group launched its first major project in Egypt with the Mall of Arabia in December 2010, marking a significant entry into the Egyptian market.</li></ul> <ul><li>September 2015: With a positive outlook on the Egyptian economy, the Group created a new team of young Egyptian professionals to establish the largest mixed-use development and management company in Egypt.</li></ul> <ul><li>Creation of MARAKEZ: This new vision led to the formation of MARAKEZ Real Estate Development, a local subsidiary focused on developing various projects across Egypt.</li></ul> Through these achievements, Marakez Developments has established itself as a key player in the Egyptian real estate market, contributing to the growth and modernization of cities across the country.&nbsp;It’s worth mentioning that, one of the key milestones in the history of Marakez Developments is the appointment of Ahmed Demerdash Badrawi,&nbsp;as the Executive Vice Chairman in October 2015.&nbsp;His leadership has been instrumental in guiding the company's strategic development and expansion throughout Egypt.&nbsp; Marakez Development Founders &amp; Owners&nbsp; Marakez Developments owes its success to a team of key players who have significantly contributed to the company's growth and strategic direction. <ul><li>&nbsp;Ahmed Demerdash Badrawi, serving as the Executive Vice Chairman, has been pivotal in steering Marakez's development and expansion in Egypt since he joined the group in October 2015. His leadership has fostered innovation and growth within the organization.&nbsp;</li></ul> <ul><li>Basil Ramzy, the Chief Executive Officer, has been leading a new phase of the company’s development since August 2015, overseeing all operations and implementing business strategies to enhance the Fawaz Al Hokair Group’s market presence.</li></ul> <ul><li>Mohamed Badr, the Chief Technical Officer, brings over 25 years of experience managing large-scale international projects, ensuring that Marakez maintains a high standard in its developments.</li></ul> <ul><li>Ismail Seoudi, the Chief Land Officer, has played a crucial role in advancing the company's land acquisitions and managing government relations since joining in October 2015.&nbsp;</li></ul> <ul><li>Hesham Shoukry, serves as the Chief Human Resources and Mall Operations Officer at Marakez Developments, bringing over 20 years of HR and management experience across Asia and Africa. Since joining the company in January 2016, he has been instrumental in developing the organizational structure and establishing a robust human resources platform.</li></ul> This leadership team drives Marakez's strategic initiatives and positions the company for continued success in the competitive real estate landscape. MARAKEZ Development Top Projects Marakez Developments boasts a diverse portfolio of projects across Egypt, showcasing its commitment to creating vibrant mixed-use communities. Notable developments include: <ul><li>District 5: <a href="https://www.nawy.com/compound/222-di5trict-district-5" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">District 5</a> is a popular mall in New Cairo City, and rolls over a land area of 200 acres of land. These 200 acres were evenly distributed between 100 for the residential use and the other 100 for the other uses. The live journey occupies 100 acres offering 1720 units. While the Play Journey occupies approximately 17,000 sqm.&nbsp;</li></ul> <ul><li>&nbsp;Ramla North Coast: <a href="https://www.nawy.com/compound/1192-ramla" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: rgb(255, 255, 255);">Ramla North Coast</a> is a world-class coastal destination developed by the Marakez Development. It covers a massive area of 406 acres in <a href="https://www.nawy.com/area/ras-el-hekma" rel="noopener noreferrer" target="_blank" style="color: rgb(17, 85, 204); background-color: rgb(255, 255, 255);">Ras El Hekma</a>, North Coast. Over that large area, the resort features an array of amenities and activities, ensuring that the best summer experiences await Ramla’s homeowners.&nbsp;</li></ul> <ul><li>Crescent Walk: The <a href="https://www.nawy.com/compound/1333-marakez-new-cairo" rel="noopener noreferrer" target="_blank" style="background-color: rgb(255, 255, 255); color: rgb(17, 85, 204);">Crescent Walk Compound</a> is an exceptional project by the Marakez Company and it was built on a massive area of 118 acres of land with the majority spaces of the total area dedicated to services, landscapes, and open spaces.</li></ul> <ul><li>AEON Towers in 6th of October City: The <a href="https://www.nawy.com/compound/200-aeon-towers" rel="noopener noreferrer" target="_blank" style="background-color: rgb(255, 255, 255); color: rgb(17, 85, 204);">AEON Towers in 6th of October City</a> is a unique project developed in the heart of 6th Of October City. It has a wide collection of fully finished residential apartments, serviced apartments, and penthouses. As well as AEON boasts a plethora of world-class amenities.&nbsp;</li></ul> Moreover, the Marakez Development has other upscale commercial projects around Egypt, which include but are not limited to:&nbsp; <ul><li>Mall Of Arabia&nbsp;</li><li>Mall of Tanta</li><li>District 5 Work</li><li>Villa M Zamalek</li><li>Mall of Arabia</li><li>Mall of Mansoura</li><li>Town Center</li></ul> Fawaz Al Hokair Group: The Mother Company&nbsp; The Fawaz Al Hokair Group traces its origins to 1989, when brothers Fawaz, Salman, and Abdul Majeed Abdulaziz Alhokair established two menswear stores in Saudi Arabia.&nbsp; Over the years, the Group has evolved into a multifaceted enterprise with a diverse investment portfolio that spans various sectors, including construction, financial services, healthcare, hospitality, energy, fashion, and real estate development. In the realm of fashion retail, the Group operates over 2,100 stores across 16 countries, representing more than 80 prestigious international brands.&nbsp; This extensive network highlights the Group's significant impact on the global retail landscape. In addition to its fashion endeavors, the Fawaz Al Hokair Group has established a robust presence in the real estate sector, managing 17 shopping malls that encompass over 1.6 million square meters of prime retail space.&nbsp; Recognized as the largest retail developer in Saudi Arabia and one of the foremost developers in the Middle East, the Group has strategically expanded its operations beyond the Kingdom, investing in retail and real estate ventures throughout the Middle East and North Africa (MENA), as well as in the United States and Central Asia. This expansion reflects the Group's commitment to growth and innovation in a competitive global market.

AEON Towers

DISTRICT 5

Plateau  District 5

Mindhaus New Katameya

Crescent Walk

Apartment For Sale in District 5Phase: 1Built up area: 159Terrace: 102Bedrooms: 2Bathrooms: 3Finishing: Semi FinishedReady to movePrice: 11,787,500

Apartment for sale in South New Cairo, DISTRICT 5 compound by Marakez, area: 159m2, 2 bedrooms, 3 bathrooms

Apartment 2 bedrooms for resale in DISTRICT 5 in South New Cairo by Marakez

DISTRICT 5, South New Cairo, Egypt

Price11,787,500 EGP

Details

Amenities

About Apartment

Apartment - Sarai New Cairo, Egypt

12,042,178EGP

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Areas

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