Horizon
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Description
Horizon Developments is a real estate company that operates in Egypt and the United Arab Emirates. The company is a subsidiary of the Emirates Development Group, which is owned by Sheikh Majid bin Saeed Al Nuaimi, the Chairman of Ajman’s Ruler Court¹. The company aims to provide high-quality and innovative projects that meet the needs and expectations of its customers.
The Managing Director of Horizon Developments is Mohamed Tawfik, who has extensive experience in the real estate sector. He oversees the company’s operations and strategy in Egypt and the UAE. He is also responsible for developing partnerships with international brands and companies to enhance the value and quality of the company’s projects².
One of the company’s most prominent projects in Egypt is “Saada” in New Cairo, which is the company’s first project in the country. Saada is a luxurious residential compound that spans over 370 feddan (155 hectares) in New Cairo, with an estimated investment of EGP 36 billion (USD 2.3 billion)². The project consists of 1,300 villas, two five-star hotels, 250 serviced units, an international school, a world-class club, a clubhouse, and a commercial mall. The project also includes a commercial and administrative area of 2 kilometers on the Suez Road².
Saada offers a unique mix of comfort, convenience, and elegance for its residents. The project features modern architectural designs influenced by the contemporary European style. The project also provides various amenities and facilities, such as crystal lagoons, playgrounds, health clubs, spas, gyms, jacuzzis, and more³. Saada aims to create a lifestyle full of luxury and tranquility for its residents in one of the most affluent and serene neighborhoods in New Cairo.
Saada has opened reservations for the first phase of the project, which includes 282 villas, in September 2023. The construction of the first phase has been completed, and the company has contracted with Saudi Abdulla Al-Mis’hal Contracting Company to carry out the rest of the development. The project is expected to be completed within 4 to 5 years².
Saada is one of the most promising real estate projects in Egypt, as it reflects the vision and expertise of Horizon Developments and its partners in the UAE. The project also showcases the company’s commitment to delivering high-quality and innovative projects that cater to the needs and aspirations of its customers.