Egyptian Developers has successfully reached 90% completion on its Jaya East Mall in Shorouk city, ahead of schedule, while also preparing to launch a new, transformative development in the same area. This progress reflects the company’s strategic vision and its dedication to innovation in real estate development.
Jaya East Mall: A Commercial and Entertainment Hub
Launched in February 2023, Jaya East Mall has already achieved revenues of EGP 400 million.
- Strategically located on Gamal Abdel Nasser Road in Shorouk, it is easily accessible from major landmarks, including Sakan Misr compound, Sodic East, Geneva Road, the high-speed train station, and Suez Road.
- The project boasts Egypt’s first entertainment license and offers cutting-edge commercial spaces.
- Due to high demand, Egyptian Developers has launched Jaya Mark, the second phase of the project, maintaining the same premium standards and amenities.
Abdel Rahman Abu Zeid, Chairman of Egyptian Developers, emphasized that 80% of Jaya East has been sold, underscoring the strong demand for high-quality, innovative commercial properties in strategic locations.
New Shorouk Development Set to Redefine Real Estate Standards
Building on its success, Egyptian Developers is preparing to launch a new project in Shorouk that will be the largest of its kind.
- The project is located at the intersection of Geneva Road and Gamal Abdel Nasser axes, ensuring unparalleled accessibility and visibility.
- This development aims to set new benchmarks for architectural innovation and value creation, making a lasting impression on the local real estate market.
Track Record of Excellence
Egyptian Developers continues to set records with its recent projects:
- Bloom Mall (July 2023): Achieved sales of EGP 350 million, offering distinguished real estate projects with exceptional quality standards.
- Jaya Mark Mall El Shorouk (May 2024): Generated EGP 450 million in revenue, solidifying the company’s reputation in the commercial real estate sector.
- Jaya Business Complex (New Administrative Capital): Located on two main streets near key transportation hubs, with 90% of its commercial properties sold out.
Commitment to Innovation and Quality
Abu Zeid highlighted the company’s philosophy:
“We don’t just build real estate; we create architectural landmarks. By choosing strategic locations and focusing on innovation, we enhance investment opportunities and redefine workspaces.”
He also credited the company’s team for its success, stating:
“Our dedicated and passionate team is the driving force behind our achievements, ensuring we deliver projects ahead of schedule and with exceptional quality.”
Vision for the Future
With a clear expansion strategy, Egyptian Developers is committed to:
- Launching projects that build on the success of previous developments.
- Leveraging innovation to deliver exceptional quality and value.
- Strengthening its market presence and enhancing its ability to execute large-scale projects efficiently.
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