Ora Developers Egypt has announced an ambitious plan to invest EGP 131bn in construction and development over the next three to five years, according to CEO Haitham Abdelazim. "At Ora, our mission is to provide flexible ownership models, accessible financing solutions, and world-class after-sales service," said Abdelazim. "This makes our projects highly attractive not only to Egyptian buyers but also to international investors seeking long-term value and a complete lifestyle offering." To support this mission, the company has established Ora Property Management (OPM), a specialized entity responsible for managing the full lifecycle of its developments—from handover and finishing to ongoing maintenance and community operations. OPM ensures adherence to the highest international standards in quality, health, safety, and environmental sustainability. Abdelazim emphasized that Ora Developers' projects are built to deliver a seamless, high-quality living experience from day one, positioning the company as a leader in integrated urban development. Ora's global footprint includes markets such as Cyprus, Pakistan, Grenada, and Greece, with active plans to enter new destinations. Ora Developers Egypt serves as the local extension of the global group, adapting its international expertise to elevate standards within Egypt's real estate sector. A key example of this approach is the Silver Sands project on the North Coast, launched under Ora's international brand. The project offers a luxurious experience that meets global standards while preserving the unique natural character of the area. Regionally, Ora has expanded into strategic markets including the UAE and Iraq, creating stronger investment linkages between Egypt and the wider Gulf region. "These moves align with the government's vision to increase real estate exports and attract more foreign capital," Abdelazim said. He noted that despite ongoing economic challenges—such as inflation and rising financing costs—Egypt's real estate sector continues to demonstrate resilience, with property still seen as a secure hedge against currency volatility. Strategic Investments and Project Milestones Abdelazim revealed that 2025 marks a pivotal year for Ora Developers Egypt, with intensified construction activities across key projects including Silver Sands, Z East, and Z Sheikh Zayed. The company sold 440 units worth nearly EGP 26bn during the first half of 2025, reflecting sustained demand across Cairo and the North Coast. "We remain committed to delivering all project phases on schedule and at a quality that reflects our brand identity," said Abdelazim. Construction at Silver Sands North Coast is progressing steadily, with the delivery of first-phase units representing a major milestone and the official debut of the development's premium lifestyle offering. At Z East in New Cairo, a new phase is currently underway. The development spans 334 acres and includes residential and commercial units, healthcare services, and the Zed Club, which features sports academies, retail spaces, and community facilities. Over 75% of the project's master plan is dedicated to green and open spaces. The recently launched Emerald Collection at Z East offers new residential clusters with extended payment options, further enhancing accessibility for buyers. Across East and West Cairo, Ora Developers is simultaneously developing residential, commercial, hospitality, and sports-related projects, including Solana West and Z Sheikh Zayed, where new payment plans allow ownership with reduced down payments and extended installments. Focus on Foreign Investment and Market Growth Abdelazim highlighted that international buyers make up approximately 25% of total sales, particularly in high-end coastal projects like Silver Sands. He noted that property prices rose by 20% in Q1 2025 compared to Q4 2024, driven by rising construction costs and limited land availability. Looking ahead, he predicted that demand for premium, integrated communities will continue to grow, and that Ora will remain focused on enhancing client purchasing power through tailored financing solutions. "Our strategy is clear: deliver exceptional value, expand strategically, and maintain a client-first approach at every step," said Abdelazim. "With Egypt's real estate market continuing to evolve, we are confident that Ora Developers will remain at the forefront—connecting local opportunity with global investment."
