Mabany Edris launches Ons New Zayed with EGP 13.5bn investment across 84 feddans

Mabany Edris has unveiled its latest project in Egypt’s real estate market—Ons New Zayed—with a total investment of EGP 13.5bn. The development spans 84 feddans in New Zayed City, West Cairo, strategically located just minutes from the Grand Egyptian Museum (GEM), the Giza Pyramids, and the Sphinx. Its proximity to Sphinx International Airport further positions it near one of the world’s most iconic tourist destinations.

Mohamed Idris, CEO of Mabany Edris, stated that the company collaborated with Alchemy Design Studio, a leading Egyptian design firm, to create the architectural concept for the project. The goal, he said, is to present an innovative residential product that adds tangible value to Egypt’s real estate market.

Ons New Zayed will comprise 1,012 units of various sizes and configurations, including one-bedroom apartments, townhouses, twin houses, and villas. Apartment sizes will range from 60 to 200 square meters, while villas will span 160 to 297 square meters. The project will also feature serviced apartments intended for foreign tenants and a hotel catering to New Zayed’s emerging tourism potential.

In addition to its residential offering, the project will include a wide array of amenities and services, such as a social club, commercial and administrative buildings, sports courts, and a mosque.