Emaarcom Development has announced the launch of an expansion plan in the Egyptian real estate market during the current year 2023, by studying many residential, commercial, and administrative investment opportunities in the south of Cairo, and in historic Cairo, to keep pace with the massive urban boom that Egypt is witnessing nowadays.
The company said in a statement that the government’s continuous support for real estate investors makes it imperative for them to search for new investment opportunities that contribute to increasing the on-ground implemented real estate investments, which enables the government to participate in creating a new republic. Especially since real estate investment was and still is a haven for investors in times of crisis, as Egypt has proven throughout the ages that it is the best long-term investment.
Emaarcom is a subsidiary of Diyar City Development Company, which operates in the real estate market with wise management, with more than 35 years of experience in the field of real estate development, and during the past years, it was able to achieve many successes and implement residential, commercial and administrative projects.
It delivered many projects, such as the Diyar City 1 project, on an area of 7,712 sqm, with 190 residential units in the Central Plateau in Mokattam, The Diyar City 2 project on an area of 9.500 sqm, with 226 units of different sizes. It also launched the Diyar City 3 project on an area of 13,500 sqm with 396 housing units of different sizes, and it is still in the final delivery phase. In addition to the Diyar Business Park project, which is the first medical and administrative building, located on an area of 3,050 sqm in the central plateau in Mokattam.