Marakez

About

Marakez (MARAKEZ Real Estate Development) is a mixed-use developer established in 2015 as the Egyptian arm of the Saudi Fawaz Al Hokair Group. The company builds and operates residential communities, regional shopping malls, business parks, and coastal resorts across Greater Cairo, the Delta, and the North Coast. Its portfolio includes Mall of Arabia, one of Egypt's largest malls with over 600 brands; Town Centre in East Cairo; the District 5 mixed-use development in New Cairo, which contains the D5M shopping center and the Mindhaus business campus; and Ramla, a coastal resort on the North Coast. Marakez also has a presence in Hurghada with the Stone Heights resort. The company's track record includes delivered projects like Mall of Arabia and Town Centre, alongside ongoing developments such as District 5 and Ramla. Its projects are spread across multiple geographies, reflecting a strategy of diversification by asset type and location.

Projects

• RamlaRas El HekmaHomes around 46.6M EGP5% down, 8 yearsDelivery Jan 2030
• Crescent WalkSixth Settlement, New CairoHomes around 20.5M EGP5% down, 10 yearsDelivery Mar 2030
• District 5Katameya, New CairoHomes around 19.4M EGP5% down, 10 yearsDelivery Jan 2027
• Aeon Towers6th of October City30% down, 4 years

Other projects

Shams Soma