{"id":674994,"date":"2025-11-06T00:00:00","date_gmt":"2025-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/emaar-misr-ksas-dallah-albaraka-to-develop-egp-78-bn-new-cairo-project\/"},"modified":"2025-11-06T00:00:00","modified_gmt":"2025-11-06T00:00:00","slug":"emaar-misr-ksas-dallah-albaraka-to-develop-egp-78-bn-new-cairo-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/emaar-misr-ksas-dallah-albaraka-to-develop-egp-78-bn-new-cairo-project\/","title":{"rendered":"Emaar Misr, KSA\u2019s Dallah Albaraka to develop EGP 78 bn New Cairo project"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Emaar Properties Egyptian arm Emaar Misr is preparing to launch yet <\/strong><strong>another <\/strong><strong>big ticket development<\/strong>, this time with Saudi Arabia\u2019s Dallah Albaraka under a strategic partnership, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/370.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> from the EGX30-listed company. The project with Dallah Albaraka\u2019s Samla and Alam Al Roum for Urban Development will require EGP 78 bn \u2014 equivalent to around USD 1.7 bn at the current exchange rate \u2014 in investments and is expected to bring in returns totaling EGP 117 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The 380-feddan project will be in New Cairo\u2019s Kayameya district. <\/strong>Details are still few and far between, but they say the development will feature residential, administrative, and commercial components.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cWe are proud of this new strategic partnership with Dallah Albaraka Group, which <\/strong><strong>extends our firm commitment to supporting Egypt\u2019s real estate sector<\/strong> and contributing to the country\u2019s unprecedented urban renaissance. Egypt\u2019s property market is full of promising potential, and we believe in the importance of delivering projects that uphold the highest quality standards and place customer comfort first,\u201d Emaar Properties founder Mohamed Alabbar said in a separate <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/369.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> from the company. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This isn\u2019t even Emaar Misr\u2019s biggest development in the works<\/strong>, with the developer working on a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cf61b428-c1ee-4d32-a298-433546fd47da\/emaar-misr,-citystars-to-develop-a-egp-900-bn-marassi-on-the-red-sea\" style=\"\" rel=\"noopener\">EGP 900 bn integrated tourism complex<\/a> alongside Saudi-owned Citystars Properties called Marassi Red Sea. The USD 19.0 bn project will feature 12 hotels, thousands of residential units, a world-class marina, and a range of leisure and community facilities. Earlier in the year, Emaar also partnered with Midar for Investment and Urban Development to launch <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b52167f-7c5f-471d-8bda-1089b05f43d2\/emaar-to-invest-egp-100-bn-setting-up-new-mivida\" style=\"\" rel=\"noopener\">New Mivida<\/a> in New Cairo, an EGP 100 bn residential project that includes nearly 2.9k homes, a school, and a sports club.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DATA POINT- <\/strong>Emaar\u2019s investment in Egypt now total EGP 1.9 tn, while its land bank currently stretches some 34.6 mn square meters. The company is now in the process of doubling these figures over the coming years, according to Alabbar.<\/p>\n<p class=\"tag-border-left\">IN OTHER REAL ESTATE NEWS- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- \u00c8LM Developments has signed an EGP 3.5 bn agreement with Consolidated <\/strong><strong>Contractors Company Egypt (CCC Egypt) to develop its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3a8d6d1-73ea-4589-a58a-27c756d1d2fa\/arabia-developments-to-invest-up-to-egp-30-bn-in-hospitality-sector\" style=\"\" rel=\"noopener\">ELM Tree<\/a><\/strong><strong> project in SIxth of October<\/strong>, the company said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/387.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. CCC Egypt will serve as the main contractor responsible for delivering the full scope of works for the project. The 58 acre development will allocate more than 80% of its area to green and open spaces and will feature low density residential units, a 26-acre commercial and administrative zone, and a social club with sports and recreational facilities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Real estate deve<\/strong><strong>loper Madinet Masr recorded EGP 36.3 bn in new sales during the <\/strong><strong>first nine months of 2025<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/403.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> to the EGX. The developer saw its unit deliveries jump 112% y-o-y and over EGP 2 bn-worth of reservations during the period. The figures highlight \u201csubstantial demand\u201d following the launch of several new projects and partnerships in the nine-months period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The project will span 380 feddans and generate some EGP 117 bn in revenues<\/p>\n","protected":false},"author":1,"featured_media":674995,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7371],"tags":[130,1527,72,83],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-674994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-construction","tag-emaar-misr","tag-enterpriseam","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"fd7ba1b1-84a6-4742-9512-a49823f81c46","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1091.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Emaar Misr, KSA\u2019s Dallah Albaraka to develop EGP 78 bn New Cairo project","related_issue":[674986],"teaser":"The project will span 380 feddans and generate some EGP 117 bn in revenues","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.9cc31f7a-a867-4c27-82fc-67871c7d2de4.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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