{"id":627163,"date":"2018-07-24T04:22:23","date_gmt":"2018-07-24T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/"},"modified":"2018-07-24T04:22:23","modified_gmt":"2018-07-24T04:22:23","slug":"emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/","title":{"rendered":"Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices"},"content":{"rendered":"

Emaar Misr has decided to withdraw from developing two areas in Sheikh Zayed and the Sheikh Zayed extension over high land prices, an unnamed company official tells Al Shorouk<\/a>. Emaar had submitted a bid to develop<\/a> a 410-feddan land plot in Sheikh Zayed at a cost of EGP 4,750 per sqm and another bid to develop 1,000 feddans in the suburb\u2019s extension at EGP 2,006 per sqm. The developments were tendered under phase two of the New Urban Communities Authority\u2019s (NUCA) public-private partnership program. Emaar is still in talks to develop 1,500 feddans in the new capital, according to the company source.<\/p>\n","protected":false},"excerpt":{"rendered":"

Emaar Misr has decided to withdraw from developing two areas in Sheikh Zayed and the Sheikh Zayed extension over high land prices, an unnamed company official tells Al Shorouk. Emaar had submitted a bid to develop a 410-feddan land plot in Sheikh Zayed at a cost of EGP 4,750 per sqm and another bid to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627163","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"f6cef1b2-69e6-4e41-97bf-7075428d8b96","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices","related_issue":[627135],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.56c05087-976e-4238-88e8-0c6da77ec70a.mp3"},"yoast_head":"\nEmaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices\" \/>\n<meta property=\"og:description\" content=\"Emaar Misr has decided to withdraw from developing two areas in Sheikh Zayed and the Sheikh Zayed extension over high land prices, an unnamed company official tells Al Shorouk. Emaar had submitted a bid to develop a 410-feddan land plot in Sheikh Zayed at a cost of EGP 4,750 per sqm and another bid to […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-24T04:22:23+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices\",\"datePublished\":\"2018-07-24T04:22:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/emaar-misr-withdraws-from-developing-410-feddans-in-sheikh-zayed-over-high-prices\/\",\"name\":\"Emaar Misr withdraws from developing 410 feddans in Sheikh Zayed over high prices - 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A separate report from the news outlet indicates the property developer also purchased 68.5 feddans in the same area. 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The company denied a report by Al Mal newspaper that said the ownership of 80\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561150,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/28\/emaar-misr-to-establish-egp-37-8-bn-residential-project-in-sheikh-zayed\/","url_meta":{"origin":627163,"position":3},"title":"Emaar Misr to establish EGP 37.8 bn residential project in Sheikh Zayed","author":"enterpriseam admin","date":"28 March 2021","format":false,"excerpt":"Emaar Misr will spend EGP 37.8 bn developing a 500-feddan residential project dubbed \u201cBelle Vie\u201d in Sheikh Zayed after signing a land allocation agreement with the New Urban Communities Authority, the company said in an EGX disclosure (pdf). Emaar had received the authority\u2019sapproval for the project in late 2019, following\u2026","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629825,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/","url_meta":{"origin":627163,"position":4},"title":"Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital","author":"enterpriseam admin","date":"2 April 2018","format":false,"excerpt":"Emaar Misr appears to have hit an impasse in talks to buy 1,500 feddans in the new capital with the New Administrative Capital Company for Urban Development, according to Al Shorouk. 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