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RG Developments Set to Launch New Residential Compound in New Obour City

Written by: Ahmed Saad

Strategic Expansion in Prime Location

RG Developments is preparing to unveil a fully integrated residential compound in one

of the most sought-after locations in New Obour City.

The project promises competitive

unit sizes, attractive prices, and flexible payment plans, and is expected to be officially

announced soon.

Doubling Investment Portfolio

The launch aligns with the company’s broader goal to double its investment portfolio in the

near future, leveraging its solid performance record and diverse land assets in and beyond New Obour.

Established Developer Since 2016

Refaat ELDabaa, Chairman of RG Developments, emphasized that since its establishment

in 2016, the company has positioned itself as a leading real estate developer in Obour City,

driven by the deep industry experience of its founders.

Projects with High Investment Value

ELDabaa highlighted that RG’s projects are known for their strategic locations, which offer

excellent accessibility and rising investment value ensuring high returns for property buyers.

Partnership with Memaar Elnazaer

RG Developments announced a strategic partnership with Memaar Elnazaer, a reputable

developer with a proven track record in Mokattam.

This collaboration aims to deliver landmark

projects in New Obour as part of RG’s expansion plan.

Maalem Mall: Ready for Delivery

Among the company’s standout developments is Maalem Mall, located in the heart of

New Obour and surrounded by dense residential areas such as Sakan Misr and Beit Al Watan.

The mall includes commercial, administrative, and medical units and is ready for

immediate occupancy.

Mark Mall: A Modern Mixed-Use Project

RG Developments also owns Mark Mall, located on Al-Thaqafa Street, offering a range of

clinics, offices, and retail spaces in a contemporary design, serving both residents and

entrepreneurs in the city.

Eden Plaza: Newest Project in the Ninth District

CEO Eng. Mark Maher announced the launch of Eden Plaza, situated on Abbas El Akkad Street

in the Ninth District.

The project targets over 30,000 nearby residential units and features

commercial and administrative spaces ranging from 19 sqm to 125 sqm, ideal for SMEs.

Future Growth Across Cairo

The partnership with Memaar Elnazaer is expected to unlock further opportunities for growth,

with several new projects in the pipeline across various areas of Greater Cairo.

Memaar Elnazaer’s Proven Expertise

Memaar Elnazaer brings decades of experience, having completed over 100 standalone

projects, including 47 in Mokattam, 60 in Beni Suef, and 11 in Obour City, ensuring a

comprehensive understanding of market needs across diverse regions.