As part of its ongoing efforts to develop leading real estate destinations, NAIA Real Estate Developments announced the latest achievements in its project “NAIA West”, located in New Sheikh Zayed City, where the first phase of the project has reached a 90% completion rate. This reflects NAIA’s commitment to timelines and its ability to transform plans into ready-made units within its major projects.
NAIA explained that its projects are progressing at an accelerated pace, with the construction of 100 units completed within the first phase of “NAIA West.” The company emphasized that its work is not limited to residential construction alone, but also extend to contributing to urban and tourism development, and transforming Ras El Hekma into a promising investment and tourism destination that attracts major global investors. This, in turn, reinforces the company’s distinguished position in the Egyptian real estate market and supports the national economy.
In this context, Eng. Hisham El-Danasoury, Chairman of NAIA Real Estate Developments, stated: “Over five years since our launch in 2021, NAIA has been keen to develop integrated residential communities that meet the needs of the modern family, while enhancing the added value of our projects in a way that contributes to supporting the real estate development industry in Egypt. From the outset, the company has succeeded in earning the trust of clients and local and international partners, reflecting our firm commitment to our customers and adherence to the highest standards of quality in design, finishing, and services.”
El-Danasoury added: “We have focused on intensifying NAIA’s activity in the Egyptian real estate market during the past period, in implementation of our strategic plan, and on providing innovative and distinctive residential experiences for our clients. We are also committed to supporting the state’s efforts in comprehensive urban development, and the company continues to study a number of promising expansion opportunities as part of its plan to keep pace with the increasing demand for integrated residential projects.”
For his part, Mohamed Farag, Vice Chairman for the Commercial Sector at NAIA Real Estate Developments, said: “NAIA continues to implement its ambitious commercial plans in the Egyptian real estate market, with a strong focus on fulfilling its commitments to clients through strict adherence to specified timelines. This will be realized in ‘NAIA West’ project in New Sheikh Zayed City, which was launched in 2022, with the first phase scheduled for delivery in 2026, amidst an accelerated pace of execution throughout the year. This performance reflects our growing expertise over the past five years and our ability to manage massive projects and achieve unprecedented growth in our commercial operations.”
Farag added, ‘ NAIA West’ project comprises a diverse range of residential units, including standalone villas, townhouses, and apartments, along with the luxurious ‘Alana’ residential phase, designed to meet the growing demand for upscale living models. ‘Alana’ units are fully finished and feature varying spaces ranging from 135 to 175 square meters, totalling 496 residential units. The project also includes a clubhouse spanning 6,021 square meters. The project extends over an area of 140 feddans, located just minutes away from the heart of 6th of October City and Sheikh Zayed Cities, with total investments amounting to approximately EGP 32 billion.”
It is worth noting that the design and supervision of the execution of the ‘Alana’ units have been entrusted to ‘Kyme Alchemy,’ one of the most prominent companies specialized in design and decoration, in addition to collaboration with ‘RMC – Raafat Miller,’ a regional leader in comprehensive design and engineering consultancy in the Middle East, with the aim of creating unique designs for the project. NAIA is also enhancing services within the project by contracting with ‘Vodafone Egypt’ to provide the latest internet and telecommunications services at “NAIA West.”
This collaboration is not limited to innovation alone, but also reflects NAIA’s vision of delivering the highest levels of quality and luxury to its clients. Working with distinguished partners such as ‘Kyme Alchemy’ and ‘RMC – Raafat Miller,’ in addition to its collaboration with strong names like Vodafone, instills confidence among clients and enhances the long-term value of their unit. The project also ensures the use of the best materials and finishes, and the delivery of units in strategic locations, to provide an integrated residential experience that takes into account what matters to the client today and the future of their investment in the long term.
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