Marakez Developments is a leading mixed-use developer in Egypt with an expanding portfolio of residential and commercial projects. Founded in 1989, the company operates under the Fawaz Al Hokair Group, bringing a long history of experience and innovation to the industry. Marakez Developments has established itself as a player in the Middle East and North Africa, with projects spanning Europe and Central Asia.
Marakez Developments is renowned for its meticulous attention to detail, with every project created to meet the specific needs of its clients. The company’s developments provide an exceptional living and working experience, with integrated, inclusive living developments. From homes and offices to malls and recreational areas, Marakez Developments ensures that every aspect of daily life is catered for in its developments. With a commitment to quality and innovation, Marakez Developments continues to expand its portfolio and establish itself as a leader in the industry.
Company Overview
History of Marakez
Marakez Developments is a leading developer in Egypt with a continuously growing portfolio. The group was founded in 1989 and operates 80 global brands across 16 countries on four continents. Marakez Developments has brought a long history of experience and innovation from the Fawaz Al Hokair Group, which has helped the company to establish a strong presence.
Vision and Mission
Marakez Developments builds with purpose, and every project they create comes to life through meticulous attention to detail for their clients’ needs. The company’s vision is to be the leading mixed-use developer in the region, creating exceptional communities that enrich people’s lives. Their mission is to deliver high-quality developments that provide value to their customers, shareholders, and the community.
The company specializes in developing mixed-use projects that combine residential, commercial, and entertainment facilities to create vibrant communities.
Portfolio
Marakez Developments is a leading developer in Egypt, with a continuously growing portfolio of residential, retail, office, and mixed-use projects. The company has a long history of experience and innovation and operates under the Fawaz Al Hokair Group, founded in 1989.
Residential Projects
Marakez Developments has a range of residential projects that cater to different lifestyles. The company has developed luxurious apartments and penthouses in Aeon Towers, a mixed-use development in the heart of Cairo. The towers offer a modern, sophisticated living experience with breathtaking city views.
Retail Ventures
Marakez Developments has developed some of Egypt’s most iconic shopping malls, including the Mall of Arabia. The mall is an integrated, walkable, and amenity-rich development that offers visitors a unique shopping and entertainment experience. The mall has over 600 shops, restaurants, and cafes, making it one of the largest malls in the region.
Office Developments
Marakez Developments has various office developments catering to different business needs. The company has developed Mindhaus, a state-of-the-art office complex that offers flexible workspaces for entrepreneurs and startups. The complex fosters collaboration and innovation, with various amenities and services supporting businesses.
Mixed-Use Complexes
Marakez Developments has developed various mixed-use complexes offering a unique and integrated living experience. The company has developed District Five, a master-planned community that offers residential, retail, and office spaces. The development is designed to be walkable and amenity-rich, with facilities and services that cater to different lifestyles.
Key Projects
District5
Marakez Developments is a leading developer in Egypt, with a continuously growing portfolio. District 5 is an ambitious integrated development with a unique shopping experience, entertainment facilities, and offices that bring life to work. It is located in East Cairo and sprawls across 268 acres of land in New Cairo. The project offers urban vitality with a serene exclusivity of suburban living, making it a unique place to live.
District 5 provides everything you need in one destination. The project contains five journeys, including a home, an office, a mall, a recreational area, and an overall better lifestyle within walking distance. The development includes residential units, commercial spaces, and entertainment facilities, making it a self-sufficient community. The project perfectly blends modern architecture, lush greenery, and state-of-the-art facilities.
Mall of Arabia Expansion
Marakez Developments is expanding the Mall of Arabia, one of Egypt’s most prominent shopping destinations. The expansion project will add a new wing to the mall, increasing its total retail space to 200,000 square meters.
The Mall of Arabia is located in the heart of the 6th of October City in West Cairo, making it easily accessible from all parts of the city. The mall has local and international brands, a hypermarket, a cinema complex, and a range of dining options.
Aeon Towers Development
Marakez Developments is also working on the Aeon Towers development, a mixed-use project located in the heart of Heliopolis. The project includes three towers, with the tallest tower standing 50 stories high. The development comprises residential units, commercial spaces, and entertainment facilities, making it a self-sufficient community.
The Aeon Towers project is in a prime location in Heliopolis, one of the most prestigious neighborhoods in Cairo. The project provides a luxurious lifestyle with state-of-the-art facilities and amenities.
Marakez Developments has a strong track record of delivering high-quality projects in Egypt. The company’s portfolio includes projects in Maadi, Heliopolis, Sokhna, and West Cairo.
Strategic Locations
Marakez Developments is a leading mixed-use developer in Egypt, offering a wide range of residential and commercial projects. The company has a long history of experience, and it brings innovation to the real estate market. Marakez Developments has chosen strategic locations for its projects that cater to the needs of modern lifestyles.
One of Marakez Developments’ projects is District 5, located in New Katameya, a district in East Cairo. District 5 is only 7 minutes from Road 90 and 8 minutes from the American University in Cairo (AUC). District 5 offers an integrated, inclusive living development with five journeys at one destination, including a home, an office, a mall, a recreational area, and an overall better lifestyle.
Marakez Developments has also chosen the Fifth Settlement as a location for its projects. The Fifth Settlement is a new district in the eastern part of Cairo known for its modern designs and luxurious lifestyle. Marakez Developments’ projects in the Fifth Settlement are near all the main places, only 8 minutes from 90th Street and the American University. The company’s projects in the Fifth Settlement offer a distinguished group of villas and apartments with the latest modern designs.
Marakez Developments has also chosen Maadi as a location for its projects. Maadi is one of the most prestigious neighborhoods in Cairo, known for its greenery and quiet streets. Marakez Developments’ project in Maadi is in a prime location, offering a luxurious lifestyle with easy access to all the main places in the neighborhood.
Design and Architecture
Marakez Developments is renowned for its innovative master planning, sustainable practices, and integrated, walkable communities. The company’s design philosophy revolves around creating both functional and aesthetically pleasing spaces, focusing on sustainability and the use of environmentally friendly materials.
Innovative Masterplanning
Marakez Developments’ master planning approach involves careful consideration of the surrounding environment, community needs, and long-term sustainability. The company’s projects are walkable, with a mix of residential, commercial, and recreational spaces easily accessible to residents and visitors alike.
One of Marakez Developments’ most notable projects is the Aeon Towers, a mixed-use development with luxury apartments, office spaces, and retail outlets. The towers’ design incorporates sustainable features such as green roofs, rainwater harvesting, and energy-efficient lighting, making them a model for sustainable urban development.
Sustainable Practices
Sustainability is a core value of Marakez Developments. The company’s projects incorporate green spaces, energy-efficient lighting, and water conservation measures, among other sustainable features.
Marakez Developments’ commitment to sustainability is evident in its flagship project, the Mall of Arabia.
Amenities and Services
One of Marakez’s key offerings is its state-of-the-art gym facilities, which are available to residents and visitors alike. These gyms are equipped with the latest fitness equipment.
In addition to its gym facilities, Marakez also offers a range of shopping options, with several malls and retail centers located throughout its developments.
For those looking for activities and entertainment, Marakez has plenty to offer. Its developments feature a range of sports facilities, including football, tennis, and basketball courts, fitness studios, and swimming pools. Plenty of entertainment options exist, including cinemas, restaurants, and cafes.
Future Developments
Upcoming Projects
Marakez Developments has always been at the forefront of mixed-use development in Egypt, and it has no plans to slow down. The company is currently working on several upcoming projects that are set to redefine the country’s real estate landscape.
One of the most exciting projects in the pipeline is the development of a new master plan that will feature a range of residential, commercial, and retail offerings. The master plan meets the needs of modern-day living, with a focus on sustainability, innovation, and community building.
In addition to the master plan, Marakez Developments is also working on several other projects, including developing new malls, residential complexes, and office buildings. These projects cater to the needs of different market segments, from young professionals to families.
Market Expansion
Marakez Developments has already established itself as a leading developer in Egypt, but the company is set on even bigger things. With a strong focus on market expansion, Marakez Developments is looking to expand its footprint beyond Egypt and other parts of the Middle East.
The company is exploring opportunities in several countries, including Saudi Arabia, the UAE, and Kuwait. By expanding its reach, Marakez Developments aims to bring its unique blend of innovation, quality, and sustainability to new markets while diversifying its portfolio.
To ensure that it can deliver on its ambitious expansion plans, Marakez Developments is investing heavily in its delivery capabilities. The company constantly seeks new technologies and processes to help it streamline its operations and deliver projects faster and more efficiently.
EGYPT MLS
Egypt MLS, under Arab MLS, is a cutting-edge real estate platform for licensed professionals, realtors, and brokers in Egypt. It offers a comprehensive property database for easy searching, comparing, and booking of properties for sale, set to revolutionize the real estate industry in Egypt.
Frequently Asked Questions
What career opportunities are available at Marakez Developments?
Marakez Developments is a leading developer company in the Middle East and Europe. It offers a wide range of career opportunities for passionate and dedicated individuals.
Who currently owns Marakez Developments?
Marakez Developments is owned by Fawaz Al Hokair’s group, a holding company founded in 1989. The company has extensive experience in the real estate industry and a portfolio of residential and commercial projects in Egypt, North Africa, America, Central Asia, and Europe.
How can one apply for a job at Marakez Developments?
Individuals interested in working at Marakez Developments can visit the company’s official website to view available job opportunities and submit their applications online. The company also has a LinkedIn page where it posts job openings and other career-related information.
What are some of Marakez’s flagship projects?
Marakez Developments has completed several flagship projects, including District Five, Aeon Residences, Mall of Arabia, Mall of Tanta, Mall of Katameya, and Mindhaus offices. These projects have been well-received by customers and have helped establish the company as a leading developer in the region.
How do customers rate their experience with Marakez Developments?
Marakez Developments commits to exceptional customer service and has received positive customer reviews. The company has a dedicated customer service team.
Where is the Marakez head office located?
The Marakez head office is in Cairo, Egypt.
