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Home Real Estate

Construction status of ZED EAST

by William George
August 12, 2022
in Real Estate
0
Construction status of ZED EAST

Construction status of ZED EAST

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Ora Developers is a well-known name in Cairo’s premium living market. It delivers context awareness, extraordinary precision, and innovative thinking with every major project they engage in. Naguib Sawiris, the chairman of Orascom Telecom, is the founder of Ora Developers. It is Naguib Sawiris’s first real estate developer, and their Cairo real estate ventures include ZED in El Sheik Zayed, Pyramid Hills, Nile City Towers, and their most recent venture, ZED EAST New Cairo.

Pyramid Hills

Pyramid Hills is an affluent Real Estate development with breathtaking views of the Pyramids of Giza, with easy accessibility via the ring road and the Cairo-Alex desert route. Unlike Phase I, which included only one-story stand-alone villas, Phase II includes final finished flats, penthouses, and semi-finished townhouses.

The Pyramid Hills Compound, with its fantastic position, distinctive living, upscale amenities, stunning nature, and a cutting-edge system of essential facilities, is an asset to the Ora development. The property is well-known for its superb leisure features, which include private pools and gardens as well as an elite clubhouse and spa.

Nile City Towers

Nile City Towers is located on the East Bank of the Nile in Cairo. It boasts breathtaking views over the river, Gezira Island, and the surrounding neighborhood. This developing innovative design, built-in 2004, was the spark for future revitalization of the nearby general area. The stunning design of Nile City Towers is currently home to the 5-star Fairmont Hotel and a thriving trade and industrial area, in addition to being the headquarters of Ora Developers.

ZED West

ZED El-Sheik Zayed touts itself as a western destination. Every location at ZED EAST offers breathtaking views surrounded by lush landscaping. Nearly 165 acres of accessible, blended beauty, meticulous care for every detail, and world-class finishes. Simply looking everywhere at ZED will reveal that there’s so much to offer you Joy.

Zed Towers are part of the Zed development. The buildings are then subdivided into housing and park towers. The project has around 30 towers ranging from 10 to 20 stories. The towers provide high-end apartments in various sizes to meet every demand. They will be provided complete with underground parking. In particular, the property features Zed Park, which was recently renovated.

In addition, the project houses the Paris Saint-Germain Football Academy, which is unique in Cairo. ZED Sheik Zayed also features the Zed Boulevard, a retail wonderland for those looking for some retail therapy. Finally, commercial office spaces are available in the Zed Business District. The area will house a diverse range of large enterprises and start-ups in an equally perfect environment. This enables outstanding firms to thrive in an inspiring atmosphere.

ORA Developers launches Phase 2

Ora Developers has begun construction on phase 2 of its 100 billion Egyptian pound ZED East development in New Cairo. In May, the announcement was made at a press conference. On October 6th, Ora Developers won building contracts for 5 billion pounds for the very first phase of its 40 billion pound ZED Sheik Zayed project.

Following a press release by Orascom in May, ZED Sheik Zayed is divided into six stages, with almost 4,500 constructed housing units and an executive up with marketing. The first stage was awarded to Orascom Construction, which includes 600 housing units, a three-story garage, a two-level mall, and four 17-story residential structures.

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