Madinet Masr, a prominent urban community developer in Egypt, has announced the launch of its newest phase/project, “Esse Residence,” in Sarai.

Strategically positioned in close proximity to the News Administrative Capital (NAC), the project represents a total investment of EGP 10 bn and aims to generate revenues of EGP 18.2 bn.

Esse Residence distinguishes itself with expansive spaces, covering a total land area of over 400,000 sqm (95 feddans) and comprising 1,804 diverse residential units.

These include the Signature S-Villa, ranging from 212 to 239 sqm, as well as standalone villas starting from 175 sqm.

Additionally, the project offers a variety of Duplexes, Lofts, Apartments, and Studios ranging from 50 to 220 sqm. The project is anticipated to be completed within a four-year timeframe.

Eng. Abdallah Sallam, President and CEO of Madinet Masr, expressed his thoughts on the launch of Esse Residence, stating: “We are delighted to introduce ‘Esse Residence’ owing to its strategic location in Sarai, unique design, and the diverse entertainment services it offers, marking a significant milestone in Madinet Masr’s success story.”

He continued, “At Madinet Masr, we aim to shape a new era for urban development in Egypt by constructing high-quality integrated communities, drawing from our 65-year legacy in the Egyptian market. Throughout this journey, we have introduced innovative projects and various real estate models to cater to our customers’ needs, delivering an exceptional living experience and driving growth and future opportunities.”

The design of the flagship project in Sarai embodies an unparalleled concept, customizing the living experience to residents’ distinctive preferences by blending modern urban living with the tranquility typical of suburban settings. The project offers various options in terms of spaces and units, including residential apartments, S-Villas, townhouses, and more.

Spanning over 5.5 million sqm, Sarai is a versatile project situated along the Cairo-Suez Road and Al-Amal axis. The location is conveniently positioned just 10 minutes from the American University in Cairo, a 15-minute drive to the Ring Road, and a mere 5-minute journey from the NAC, ensuring seamless accessibility.