Marakez

Last updated: July 2026

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About Marakez Real Estate Development

Marakez Real Estate Development is the powerful property arm of Saudi Arabia’s Fawaz Alhokair Group in the Egyptian market. The company entered Egypt in 2010 with the opening of its first project, Mall of Arabia, and was formally launched as an independent real estate developer in September 2015. Ownership rests with Saudi billionaire Fawaz Abdulaziz Alhokair, alongside his brothers Salman and Abdulmajeed Alhokair. The company brings more than 14 years of hands-on experience in the Egyptian market, backed by a parent group with over 35 years of expertise across the Saudi and regional markets, and it specialises in mixed-use developments spanning the residential, commercial, administrative, coastal and medical sectors.

The company has evolved remarkably over the years. It began as a commercial developer focused on large-scale shopping destinations, then successfully repositioned itself in 2015 under a team of Egyptian experts to become a leading developer of mixed-use projects and fully integrated urban communities. Marakez has kept its name since day one, and has widened its footprint into new cities and governorates, delivering a distinctive model that brings living, working and leisure together in a single destination.

Marakez is currently ranked among Egypt’s largest mixed-use developers, thanks to the billion-pound scale of its investments and the high investment returns its projects generate. Its developments are spread across strategic locations that include New Cairo (the Fifth Settlement and the Sixth Settlement), 6th of October City, Sheikh Zayed, the North Coast (Ras El Hekma), the city of Tanta and the city of Mansoura.

The company holds a vast land bank exceeding 4 million square metres and is currently delivering more than 10 major projects and destinations, representing over 60 sub-projects and phases. Among its landmark achievements are the development of the first high-rise residential towers in West Cairo and the opening of the first internationally benchmarked shopping mall in the Delta region.

The Board of Marakez Real Estate Development

The board of Marakez Real Estate Development is chaired by its owner and founder, Mr Fawaz Abdulaziz Alhokair, whose broad investment vision drove Fawaz Alhokair Group to become one of the largest commercial and real estate entities in the Middle East. On the executive side, Mr Basel Ramzy has served as Chief Executive Officer since August 2015, bringing deep experience in business management and major investment projects. He is supported by Mr Ahmed El Damrdash Badrawi as Deputy Chief Executive Officer, whose leadership background spans both the real estate and retail sectors.

Board members and executive leadership:

• Mohamed Badr – Chief Technical Officer (CTO)
• Shaza El Kady – Chief Financial Officer (CFO)
• Ashraf Farid – Chief Business Development Officer
• Yasmine Abou Samra – Chief Development Officer

The company is run along thoroughly professional corporate lines. Since 2015, management has built a young, highly capable Egyptian executive team to lead its expansion. That team carries decades of accumulated expertise in designing, developing and operating major retail destinations and urban communities, ensuring every project is precisely aligned with local market demand and the needs of buyers in Egypt.

The Vision and Mission of Marakez Real Estate Development

Company Vision

Marakez Real Estate Development aims to be the first choice among project developers in Egypt and across the region by conceiving, building and operating mixed-use developments that form the heart and soul of the communities they serve. The company’s vision goes well beyond erecting standalone buildings: it is about creating destinations and a fully integrated, lifestyle-driven way of living that blends comfort with modern luxury at the highest international quality standards.

Company Objectives

1. Geographic expansion: moving into new destinations and governorates beyond Greater Cairo, such as Tanta and Mansoura, to create fresh urban hubs.
2. Sector integration: developing self-contained mini-cities that combine residential, administrative and commercial components to meet every need of their residents.
3. Growing recurring income: raising the share of recurring revenues through smart asset management and the leasing of retail and office space.
4. Maximising investment returns: providing a safe, profitable investment environment that delivers the highest possible ROI for clients and investors.
5. Sustainable development: delivering every project in line with green building codes and environmental sustainability standards.
6. Focusing on high-potential destinations: increasing investment in strategic locations such as the North Coast (Ras El Hekma) and the Sixth Settlement over the period from 2025 to 2030.

Company Values

• Quality and excellence: a commitment to the highest construction and design standards, delivering a property that exceeds buyer expectations.
• Innovation and creativity: offering unconventional architectural and engineering solutions, such as stepped-terrace design that guarantees the best possible views.
• Customer focus: placing the client’s needs and comfort at the top of the agenda in planning, execution and after-sales service.
• Integrity and transparency: building relationships founded on trust and complete credibility in every dealing and every delivery date.
• Sustainability: adopting environmentally friendly practices that safeguard resources for generations to come.

Key Projects by Marakez Real Estate Development

Crescent Walk New Cairo

Crescent Walk is the newest release from Marakez, a luxury residential community set in the strategic Sixth Settlement area close to the Middle Ring Road and Zed East Compound. The project extends over 118 feddans and is designed with deliberately low building density: structures occupy just 15% of the land, while 85% is given over to greenery and lakes. Aimed at buyers seeking luxury and calm, it offers exceptional facilities including a 6-feddan clubhouse, an international school, a central crystal lagoon and a fully serviced retail district.

• Location: the Sixth Settlement (New Cairo), close to the Middle Ring Road and Hyde Park.
• Total area: 118 feddans.
• Unit types: apartments – duplexes – townhouses – twin houses – standalone villas.
• Unit sizes: from 83 m² up to 574 m².
• Prices: starting from 8,100,000 EGP for apartments and reaching 64,400,000 EGP for villas.
• Payment plan: 5% to 8% down payment – instalments over up to 8 years.
• Delivery: 2027 – 2028.

Call 6thSettlement.com: 01117880843WhatsApp

District 5 New Cairo

District 5 ranks among the most important mixed-use developments in East Cairo, located in New Katameya directly on the Ain Sokhna road. The project spans 268 feddans, with a built-up ratio of no more than 20%. It delivers a complete lifestyle that combines upscale living, innovative workspaces (Mindhaus and Campus) and retail and entertainment districts. The development includes a clubhouse, cycling tracks, lagoons and an advanced round-the-clock security system, making it an ideal choice for families and investors alike.

• Location: the Fifth Settlement / New Katameya, 8 minutes from the American University.
• Total area: 268 feddans.
• Unit types: apartments – duplexes – penthouses – townhouses – offices – clinics.
• Unit sizes: from 69 m² up to 285 m².
• Prices: starting from 7,600,000 EGP and reaching 9,200,000 EGP.
• Payment plan: 5% to 10% down payment – instalments over up to 8 years interest-free.
• Delivery: handed over in successive phases (2024 / 2025 / 2026).

Call 6thSettlement.com: 01117880843WhatsApp

Giza Terraces 6 October

Giza Terraces is an exclusive villas-only residential community in the eastern extensions of Sheikh Zayed and 6th of October City. Laid out across 100 feddans, it is distinguished by an inventive architectural approach built on stepped terraces that guarantee every unit a sweeping panoramic view of the Pyramids of Giza. Buildings cover only 20% of the land, with 80% devoted to landscaping, natural scenery and wellness clubs, creating a residential setting defined by absolute privacy and luxury.

• Location: the eastern extensions of Sheikh Zayed, opposite New Giza and next to the Palm Hills plateau.
• Total area: 100 feddans.
• Unit types: townhouses – twin houses – standalone villas.
• Unit sizes: from 210 m² up to 274 m².
• Prices: starting from 24,000,000 EGP and reaching 26,000,000 EGP (for the launch phase).
• Payment plan: 10% down payment – instalments over up to 9 years.
• Delivery: 2027 / 2028.

Call 6thSettlement.com: 01117880843WhatsApp

AEON Towers 6 October

AEON Towers is a landmark for West Cairo, standing as the first high-rise residential towers in 6th of October City. This exceptional development occupies 21 feddans directly facing Mall of Arabia, and comprises luxury residential towers along with low-rise courtyard buildings. It offers a contemporary lifestyle equipped with the latest technology, including smart home systems and central air conditioning. An 800-metre promenade links the towers together, and underground parking is provided throughout, creating a safe and refined environment for residents.

• Location: 6th of October, on the Gamal Abdel Nasser Axis facing Mall of Arabia.
• Total area: 21 feddans.
• Unit types: studios – apartments – penthouses.
• Unit sizes: from 130 m² up to 300 m².
• Prices: starting from 12,000,000 EGP and rising beyond 36,000,000 EGP.
• Payment plan: 10% to 35% down payment – instalments from 4 up to 7 years.
• Delivery: immediate for some phases, with other phases due in 2025 / 2026.

Call 6thSettlement.com: 01117880843WhatsApp

Ramla North Coast

Ramla North Coast is a fully integrated resort that embodies Marakez’s strategic move towards Egypt’s coastline. Set in the captivating Ras El Hekma area, it stretches across 375 feddans with a 1.4-kilometre beachfront. The resort is designed so that sea and lagoon views reach as many units as possible, and its built-up ratio does not exceed 20%. It features an international hotel, a retail district, cycling paths and a private beach, delivering an unforgettable summer experience with the highest standards of full finishing.

• Location: Kilo 195 (Ras El Hekma) on the Alexandria-Matrouh road, next to Almaza Bay.
• Total area: 375 feddans.
• Unit types: chalets – twin houses – standalone villas.
• Unit sizes: from 95 m² up to 380 m².
• Prices: starting from 17,500,000 EGP.
• Payment plan: 5% or 10% down payment – instalments from 7 up to 8 years.
• Delivery: 2028.

Call 6thSettlement.com: 01117880843WhatsApp

Mall of Tanta

Mall of Tanta marked a step change for the retail sector outside Cairo, as the first internationally benchmarked shopping and entertainment mall in the Delta region. Located in the logistics zone of Tanta, it opened its doors to the public in September 2019. The project covers 33 feddans and houses more than 140 stores representing leading brands, alongside a Spinneys hypermarket, a cinema complex and a Billy Beez family entertainment centre. The mall is a major investment magnet operating on a commercial leasing model.

• Location: the Sebrbay logistics zone, Tanta, Gharbia Governorate.
• Total area: 33 feddans (135,000 m²).
• Unit types: retail stores – restaurants – cafés – cinema.
• Unit sizes: a varied range of leasable areas to suit every brand.
• Prices: for commercial rental rates, please call 6thSettlement.com: 01117880843.
• Payment plan: flexible commercial leasing terms for companies and brands.
• Delivery: ready and fully operational.

Call 6thSettlement.com: 01117880843WhatsApp

Mall of Arabia

Mall of Arabia was the launchpad for Marakez in Egypt and remains one of the largest and best-known regional shopping destinations in the Middle East. Its first phase opened in December 2010, and it occupies a strategic position at the heart of 6th of October City. The mall’s leasable area exceeds 150,000 m², housing hundreds of stores, restaurants, cinema screens and open-air entertainment zones. This vast project reinforces the company’s financial strength and proves its outstanding ability to operate major destinations successfully.

• Location: Juhayna Square, 26th of July Axis, 6th of October City.
• Total area: leasable area exceeding 150,000 m².
• Unit types: retail shops – restaurants – entertainment spaces.
• Unit sizes: multiple footprints suited to major international and local brands.
• Prices: for commercial rental rates, please call 6thSettlement.com: 01117880843.
• Payment plan: commercial lease agreements.
• Delivery: ready and fully operational.

Call 6thSettlement.com: 01117880843WhatsApp

Contact 6thSettlement.com About Marakez Projects

For detailed information on the full range of Marakez Real Estate Development projects, the latest prices and instalment offers, or to reserve your ideal residential or commercial unit, you can reach us directly through the following channels:

📞 6thSettlement.com sales and property advisory line: 01117880843.

💬 6thSettlement.com WhatsApp: 01117880843.

Get a free property consultation from our professional sales team to choose the unit best suited to your investment.

Frequently Asked Questions About Marakez Real Estate Development

Who is the founder / owner of Marakez Real Estate Development?

Marakez was established as the property arm of Saudi Arabia’s Fawaz Alhokair Group, and is owned by Saudi billionaire Fawaz Abdulaziz Alhokair and his brothers. The company’s executive management is currently led by Mr Basel Ramzy as Chief Executive Officer.

What are the leading projects by Marakez Real Estate Development?

The company holds a strong and varied portfolio. The highlights include District 5 Compound in the Fifth Settlement, Crescent Walk in the Sixth Settlement, AEON Towers and Giza Terraces in 6th of October, the Ramla resort on the North Coast, plus Mall of Arabia and Mall of Tanta.

What payment plans are available across Marakez projects?

The company offers highly flexible payment terms tailored to investors, with reservation down payments starting at just 5% to 10%, and comfortable instalment periods running from 4 years up to 9 years interest-free. For more detail on the payment plans for each project, please call 6thSettlement.com: 01117880843.

Where is Marakez Real Estate Development based?

The company’s projects are spread across strategic locations covering Greater Cairo (New Cairo and 6th of October), the North Coast and the Delta region. To visit the sales office or book a site tour of the project locations, please contact us to arrange an appointment on 6thSettlement.com: 01117880843.

How can I reserve a unit in a Marakez project?

You can reserve your unit easily by contacting the 6thSettlement.com advisory team on 01117880843 or via WhatsApp to select the right unit, then paying the reservation deposit (which typically starts at 5%), ahead of signing the contracts and completing the instalment paperwork.

When was Marakez Real Estate Development founded?

The company began trading in the Egyptian market in 2010 with the opening of Mall of Arabia, and in September 2015 it was formally launched as an independent real estate developer specialising in mixed-use projects.

What are the expected delivery dates for the company’s projects?

Delivery dates vary by project and phase. Some developments are complete and already handed over, such as parts of District 5 and AEON Towers, while the newer projects including Crescent Walk, Giza Terraces and Ramla North Coast are scheduled for delivery between 2027 and 2028.