Madaar Development, a leader in Egypt’s real estate market, has presented exclusive deals and flexible long-term payment plans at Cityscape Egypt 2024, solidifying its market presence with ambitious expansion plans and innovative offerings. During the exhibition that lasted from 25 to 28 September at the Egypt International Exhibition Center with over 40,000 visitors, Madaar offered exclusive opportunities for prospective buyers at its flagship projects Azha Ain Sokhna and Azha Ras El-Hekma, with strategic plans for 2025 driving the company’s future growth.
Participating once again in Egypt’s largest real estate exhibition, Madaar offered customers flexible purchasing options at Azha Ain Sokhna. Buyers can choose a zero down payment plan with eight-year instalments or a nine-year plan with a 10% down payment. For those who prefer cash payment, a 40% discount was available.
At Azha Ras El-Hekma, Madaar offered similar flexible plans, including a nine-year instalment plan with zero down payment or a 10-year plan with a 10% down payment, alongside a 40% discount for cash payments.
In line with its growth trajectory, Madaar previewed its newest residential project in West Cairo, a 250-fedan development in New Zayed that integrates residential, tourism, and commercial spaces. This project is part of a larger EGP 8bn investment plan for 2025, aiming for a sales volume of EGP 20bn.
“The real estate market in Egypt is highly attractive, with growing demand that far exceeds current supply levels,” said Ahmed Ehab, Madaar Development CEO. “Annually, the demand stands at 600,000 housing units, while the current market supply provides only around 200,000 units each year. Our strategic developments in Ain Sokhna and the North Coast align with this demand, offering investors and homebuyers unique opportunities.”
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