Egyptian Developers Achieves EGP 800 Million in Contracted Sales Led by Flagship Project Attracta

Economic Key

2 days ago

Egyptian Developers for Real Estate Development and Project Management, announced that it has achieved EGP 800m in sales across its projects over the past six months—a strong performance led by its flagship project, Attracta.
This reflects the company's success in delivering integrated developments that align with the needs of its target customers.
Eng. Abdelrahman Abo Zeid Founder and Chairman of Egyptian Developers for Real Estate Development and Project Management, stated that these strong sales figures demonstrate customers' trust in the brand and the company's credibility.
He highlighted Egyptian Developers' ability to deliver projects that add real value to the real estate market and support its expansion plans to offer fully integrated commercial properties. He noted that the company thoroughly studies all project details before launching them, which drives strong demand.
Abo Zeid added, 'Achieving such strong sales in a short period confirms our understanding of the real estate product and the payment systems that suit our target customer. It also proves that the market still demands well-planned projects that meet clients' needs in terms of design, location, and payment plans.'
He explained that the strong sales performance is driven by the company's flagship project, Attracta, which has witnessed significant customer demand since its initial launch. This reflects clients' strong interest in the project and the company's success in effectively communicating its vision and philosophy to its target audience.
The company's chairman noted that this demand is the result of the project's strategic location, modern design, and the trust clients place in the company.
He also pointed out that the company plans to launch a new phase of the project soon, which will feature upgraded unit specifications, more comprehensive services, and competitive advantages in terms of design and payment systems.
The project stretches over 13,000 sqm, with a layout of ground floor plus four stories. It is a mixed-use development—commercial, administrative, medical, and recreational—offering unit sizes ranging from 30 to 600 sqm to suit various client needs.
'The Attracta project is strategically located in El Shorouk City, on Gamal Abdel Nasser Axis and the third entrance of El Shorouk. It is also situated directly opposite Al-Farouk Mosque, on two main roads—Gamal Abdel Nasser Axis and Geneva Road—and overlooks three streets at the entrance to El Shorouk 3. The project is just 5 minutes away from the LRT electric train station, 3 minutes from the Suez Road, 1 minute from the Ismailia Desert Road, and only a few minutes from Madinaty and the New Administrative Capital,' he explained.
He concluded that Egyptian Developers remains committed to delivering high-quality real estate projects that meet customer aspirations, keep pace with market changes, and offer strong investment value for both the company and its clients.
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