AkamAlRajhi developments expanding into new projects in Egypt and Saudi Arabia
D.O.S.E project offers the market innovative philosophical thinking to give its customers the highest levels of happiness
CEO of AkamAlRajhi Developments Edrees Mohamed revealed the company’s intention to enter the Saudi market, especially since there are serious studies for a number of projects in light of the major urban renaissance that the Kingdom of Saudi Arabia is witnessing.
The biggest challenge we faced was developing fundamental solutions before launching the project for all coastal residents’ problems
Moreover, Edrees said that the company has an ambitious plan to expand within the Egyptian market as well by launching new urban projects during the coming period. The company is currently studying a number of investment opportunities that are in line with its approach to developing sustainable and unique urban projects, which will be an essential source for deepening the concept of quality of life and happiness within all of its projects.
Edrees added that AkamAlRajhi Developments, since its inception in Egyptian market, has relied on a clear strategy in terms of choosing prime locations of its projects in the best investment places in Egypt. In addition to, taking into account architectural designs and unique entertainment services that the project provides to its clients to achieve the highest rates of happiness, comfort and luxury, and this is what was taken into account in D.O.S.E project .The project has achieved great customer demand since its launch in the Egyptian market, achieving a sales volume exceeding EGP 5bn.
The project is located on 125 acres on one of the most beautiful beaches in the world in Ras El Hekma
He pointed out that the company launched D.O.S.E in Ras El Hekma area in the New North Coast, with a total investment exceeding EGP 8bn on 125 acres, with a number of new and unique services in this very vital area in New North Coast.
Edrees noted that the company’s strategy and plans during the coming period depend on expansion in the best vital areas in Egypt, which is in line with the state’s development plans.
Preparing a new masterplan for the North Coast that will put Egypt on global tourism map and attract more foreign investments
He explained that the urban renaissance that Egypt is witnessing now has given a strong and great motivation to Egyptian companies and Arab and foreign investors to expand the Egyptian market. In addition, seize the opportunity of the state’s expansion in establishing new cities and urban projects, especially in fourth generation cities, and the state’s interest in developing North Coast region. Besides, preparing a global plan for the development of the region, which will directly contribute to placing Egypt on global tourism map and achieving sustainable development in the region.
He further pointed out that the company was keen to develop a project with a beach interface of 450 meters, wide bodies of water and open areas representing 70% of the project area. Besides, an area of 9 acres consisting of artificial lakes to provide a water view for all units. In addition, more than 60% of units have sea view, 30% with a full see view, and only 10% of the units overlook lakes and swimming pools. Over and above, the resort comprises 30 caves containing private swimming pools to ensure privacy with a panoramic view.
We signed a cooperation protocol with IHG Hotels and Resorts to manage and operate voco hotel in D.O.S.E project in the North Coast
The development also provides a diverse and comprehensive range of services and amenities, including a luxurious 5-star international hotel, a shopping mall, a private beach, a central kitchen, special places for various children’s activities to develop special skills through play and creativity, restaurants and cafes. Moreover, D.O.S.E includes seven lagoons throughout the project, a gym overlooking the sea, and a medical center equipped at the highest level to provide all customers’ needs.
