Owagik Developments Egypt is a real estate company specializing in developing modern communities in Egypt. Established in 2001, the company has gained a reputation for its innovative projects and commitment to quality. Owagik Developments Egypt is part of the Global Real Estate Group, which owns many projects in different countries, such as Dubai and Turkey.
One of Owagik Developments Egypt’s most significant projects is the Owagik New Administrative Capital, located in the heart of Downtown in the New Administrative Capital. The project is considered one of the area’s most significant medical, commercial, administrative, and residential projects. The new capital was announced by the government at the Egypt Economic Development Conference on March 13, 2015, and covers an area of 170000 acres divided into two phases. The first phase covers an area of 40000 acres and serves a large population density of about 6.5 million people.
Owagik Developments Egypt is known for its commitment to innovation and quality in the industry of modern communities. They have developed luxurious towers in the heart of Downtown, New Capital, and have gained a reputation for their attention to detail and customer satisfaction. Owagik Developments Egypt is a company committed to providing high-quality real estate developments that meet the needs of its clients.
Company Overview
History of Owagik Development
Owagik Development is a well-established real estate development company in Egypt. The mother company of Owagik for Real Estate Development and Investment was launched in 2001 as an engineering department and a general contracting and construction company. Over the years, the company has succeeded in implementing many residential, commercial, administrative, and medical projects in prestigious areas and different new cities, making it one of the largest real estate development companies in Egypt.
Board of Directors
The company is led by a team of experienced and knowledgeable board of directors who are committed to the company’s success and growth. They have a deep understanding of the real estate sector in Egypt and are dedicated to providing high-quality services to their clients.
Vision and Innovation
Owagik Development aims to build sustainable communities on the ground today and works towards creating better living standards for the future. The company’s vision is to be Egypt’s leading real estate development company, providing innovative and high-quality solutions to its clients. Owagik Development is committed to using the latest technologies and creative ideas to offer its clients the best possible services.
The company has been involved in Egypt’s economic development through various projects. Owagik New Administrative Capital is considered one of the largest medical, commercial, administrative, and residential projects in the heart of Downtown in the New Administrative Capital. The project is expected to contribute significantly to Egypt’s economic development.
In conclusion, Owagik Development is a reputable real estate development business in Egypt that prides itself on offering its customers creative, superior solutions. The company is a great asset to Egypt’s real estate market because of its dedication to economic growth and sustainability.
Owagik’s Real Estate Portfolio
Owagik Developments Egypt has an impressive real estate portfolio that includes residential projects, commercial developments, and medical facilities. The company is known for its commitment to quality projects that meet the needs of its clients.
Residential Projects
Owagik Developments Egypt has a range of residential projects that cater to different lifestyles and budgets. These projects include Owagik Towers in the New Administrative Capital, which offers luxurious apartments with modern amenities. The starting price of properties in Owagik Towers is 1,560,000 EGP, with a cost per sqm of 40,000 EGP. The downpayment for a property in Owagik Towers starts at 25% or 390,000 EGP. The number of installments for a property in Owagik Towers is 32, and the payment plan is eight years.
Commercial Developments
Owagik Developments Egypt also has various commercial developments catering to different businesses. These developments include office spaces, retail spaces, and mixed-use developments. Owagik’s commercial developments are designed to provide businesses with a modern and efficient workspace that meets their needs.
Medical Facilities
In order to satisfy Egypt’s rising need for high-quality healthcare services, Owagik Developments Egypt has also made investments in medical facilities. The company’s medical facilities are manned by highly skilled medical personnel and furnished with cutting edge equipment. Owagik New Administrative Capital is considered one of the most significant medical, commercial, administrative, and residential projects in the heart of Downtown New Administrative Capital.
In conclusion, Owagik Developments Egypt is a reputable real estate developer with a portfolio of quality projects. The company has established a solid reputation in the Egyptian real estate market because to its dedication to quality and innovation.
Signature Projects
Owagik New Capital Developments
Owagik Developments Egypt has established itself as a leading real estate developer in Egypt, focusing on the New Administrative Capital. One of its signature projects is the Owagik New Administrative Capital, a large-scale mixed-use development offering a range of commercial, administrative, medical, and residential units in the heart of Downtown.
Shopping centers, eateries, cafes, clinics, and recreational areas are just a few of the services and facilities that the project offers to meet the demands of contemporary living. Owagik New Capital is evidence of the company’s dedication to providing excellent advancements that satisfy its customers.
Owagik Tower Project
Another notable project by Owagik Developments Egypt is the Owagik Tower Project, a signature development offering a range of office spaces, shops, clinics, and food & beverage outlets in the New Administrative Capital. The building features cutting-edge amenities and services, such as high-speed elevators, round-the-clock security, and plenty of parking, to meet the demands of contemporary enterprises.
The Owagik Tower Project is a testament to the company’s construction and building expertise, focusing on quality, innovation, and sustainability. The development is designed to offer a premium experience to its tenants, with a range of services and facilities that help businesses thrive in a modern and dynamic environment.
To sum up, Owagik Developments Egypt has made a name for itself as a top real estate developer by concentrating on producing high-caliber projects that satisfy the demands of contemporary businesses and lifestyles. Signature projects like Owagik Tower Project and Owagik New Capital attest to the company’s dedication to sustainability, excellence, and innovation.
Investment Opportunities
Investor Relations
A variety of real estate investment options are available through Owagik Developments Egypt. The company’s projects are made to satisfy the requirements of a wide spectrum of customers, from those seeking great returns on their investments to those searching for a new place to live.
Owagik has a proven track record of completing high-quality projects on schedule and within budget, which is advantageous to investors. The business has a track record of successfully identifying and implementing attractive investment opportunities. Owagik also has a strong partner and investor network, enabling it to access capital and expertise when needed.
Owagik is committed to maintaining strong relationships with its investors. The company regularly updates its projects and financial performance and is always available to answer questions and provide support. Owagik’s open approach to investor relations has contributed to the development of confidence and trust among its constituents.
Economic Impact
Investing in Owagik Developments Egypt can have a positive economic impact. The company’s projects create jobs and generate economic activity in the communities where they are located. Owagik also contributes to the development of local infrastructure, such as roads, utilities, and public spaces.
In addition, Owagik’s projects can have a ripple effect on the broader economy. For example, constructing a new residential development can create demand for goods and services from local businesses, such as restaurants, shops, and service providers. This may encourage economic expansion and open up new doors for investors and business owners.
All things considered, Owagik Developments Egypt provides a variety of real estate investment options. The company appeals to investors who want to optimize their returns while simultaneously supporting the growth of local communities because of its solid track record, open approach to investor interactions, and beneficial economic impact.
Construction and Design
Owagik Developments Egypt prides itself on using innovative building techniques in its projects. Its experienced engineers and architects work together to ensure each project is designed and constructed to the highest international standards.
Innovative Building Techniques
Owagik Developments Egypt uses various innovative building techniques to ensure its projects are completed on time and within budget. The company uses the latest technology and materials to ensure that each project is built to the highest standards of quality and safety.
One of the techniques that Owagik Developments Egypt uses is modular construction. This technique involves building individual modules off-site and then assembling them on-site. As a result, construction projects can be completed more quickly and produce less trash overall.
Owagik Developments Egypt also employs Building Information Modeling (BIM) as a technology. A building’s digital representation, or BIM, facilitates improved communication between contractors, engineers, and architects. Better project visualization is made possible by this technology, which also helps spot possible issues before building ever starts.
Sustainability and Green Spaces
Owagik Developments Egypt is committed to sustainability and creating green spaces in its projects. The company believes it is responsible environment and future generations to develop sustainable buildings and communities.
One way that Owagik Developments Egypt achieves this is by using sustainable materials in its projects. The company uses environmentally friendly materials with a low carbon footprint, which helps reduce the environmental impact of the construction process.
In addition, Owagik Developments Egypt creates green spaces in all of its projects. The company believes green spaces are essential for building healthy and sustainable communities. In addition to lowering noise pollution and enhancing air quality, green spaces also give people a place to unwind and get in touch with the natural world.
In conclusion, Owagik Developments Egypt is a company committed to using innovative building techniques and creating sustainable buildings and communities. In addition to lowering noise pollution and enhancing air quality, green spaces also give people a place to unwind and get in touch with the natural world
Client Services and Amenities
Security and Safety Features
Owagik Developments Egypt takes the safety and security of its clients seriously. The company has implemented various measures to ensure its clients feel safe and secure. The residential units have state-of-the-art security systems, including CCTV cameras, intercom systems, and fire alarms. To guarantee the protection of the occupants in the event of an emergency, the buildings also have fire extinguishers, smoke detectors, and sprinkler systems installed.
Customer Support
Owagik Developments Egypt is committed to providing its clients with the best customer support possible. The company has a dedicated team of customer support representatives available 24/7 to assist clients with any issues. Clients can contact the customer support team via phone, email, or through the company’s website. The company also provides its clients with a comprehensive handbook that outlines the rules and regulations of the residential units, as well as the services and amenities that are available.
Owagik Developments Egypt’s services and facilities are designed to cater to its clients’ needs. The company offers its clients various facilities, including swimming pools, gyms, and landscaped gardens. Additionally, the company provides a range of services, including housekeeping, laundry, and maintenance services, to ensure that its clients’ needs are met.
Owagik Developments Egypt understands the importance of its clients and strives to provide them with the best possible experience. The company’s commitment to exceptional customer support, state-of-the-art security systems, and a range of facilities and services makes it an ideal choice for anyone looking for a safe and comfortable place to call home.
Strategic Location Analysis
Cairo Developments
Owagik Developments Egypt is strategically located in Cairo, the capital city of Egypt. Cairo is the largest city in the country and is known for its rich history, culture, and architecture. The city has many tourist attractions, including the Pyramids of Giza, the Egyptian Museum, and the Khan el-Khalili market.
Cairo is also a hub for business and commerce in the Middle East, with a growing economy and a population of over 20 million. Owagik Developments Egypt is well-positioned to take advantage of Cairo’s many opportunities, including access to a skilled workforce, a large consumer market, and a thriving business community.
New Administrative Capital Advantages
Owagik Developments Egypt’s flagship project is in the New Administrative Capital, a new smart city built just outside Cairo. The New Administrative Capital is a massive construction project expected to grow from 18 million to 40 million people by 2050.
The city is being designed to be a hub for business, technology, and innovation, with a focus on sustainability and modern living. The New Administrative Capital will offer residents and businesses a wide range of amenities, including green spaces, shopping centers, entertainment venues, and world-class healthcare facilities.
In addition, the New Administrative Capital is strategically located near major transportation hubs, including the Cairo International Airport, the Suez Canal, and the Cairo/Suez road. This makes it easy for residents and businesses to access other parts of Egypt and the world.
Overall, Owagik Developments Egypt is well-positioned to take advantage of the many opportunities that Cairo and the New Administrative Capital have to offer. Owagik Developments Egypt is poised to become a leader in the Egyptian real estate market with a focus on quality, innovation, and sustainability.
Industry Insights
Egyptian Real Estate Market Trends
The Egyptian real estate market has been experiencing steady growth in recent years, with several large-scale development projects launched nationwide. The government’s focus on economic development has led to the creation of new cities and the expansion of existing ones, such as the New Administrative Capital and the Suez Canal Economic Zone.
Investors have shown considerable interest in these projects, with local and international developers investing heavily in the market. This has led to increased competition and a greater variety of offerings for buyers and renters alike.
In addition to the traditional residential and commercial properties, there has been a rise in demand for mixed-use developments that offer a range of amenities and services. These developments often include shopping centers, entertainment venues, and healthcare facilities.
Despite the positive trends, the market still faces challenges, such as fluctuating exchange rates and the availability of financing options. However, with the government’s continued support and the growing interest from investors, the future of the Egyptian real estate market looks promising.
Competitive Landscape
Owagik Developments Egypt is one of the key players in the Egyptian real estate market. It focuses on large-scale mixed-use developments. Its flagship project, the New Administrative Capital, is one of the largest and most innovative projects in the country.
The company’s focus on creating sustainable and smart communities has been well received by buyers and investors alike. Their developments offer a range of amenities and services, including healthcare facilities, educational institutions, and recreational areas.
In addition to Owagik Developments Egypt, several other local and international players are in the market. Competition is fierce, with developers vying for prime locations and offering a range of unique features and services.
Overall, the competitive landscape of the Egyptian real estate market is diverse and dynamic, with a range of offerings for buyers and renters. With the government’s continued support and the growing interest from investors, the market is expected to continue its positive trajectory in the coming years.
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 are the latest projects undertaken by Owagik Developments in Egypt?
Owagik Developments is a well-known real estate developer in Egypt, and it has undertaken several projects in the country. Some of their latest projects include Owagik Towers in the New Administrative Capital, a mixed-use development that includes residential, commercial, and administrative units.
How do customer reviews rate Owagik Developments’ projects?
Owagik Developments has received positive reviews from customers for their projects. Customers have praised the company for their attention to detail, quality construction, and timely delivery of projects.
Where are the main offices of Owagik Developments located in Egypt?
Owagik Developments’ main office is located in Cairo, Egypt. The company has a strong presence in the country, and its offices are easily accessible to customers.
What types of properties do Owagik Developments offer?
Owagik Developments offers a wide range of properties, including residential, commercial, and administrative units. These properties are designed to meet the needs of different customers and provide various amenities and features to enhance the living experience.
Can you provide an overview of the amenities included in Owagik Tower?
Owagik Tower is a luxurious development with several amenities to enhance residents’ living experiences. The tower includes a swimming pool, gym, spa, and rooftop garden. In addition, it has 24-hour security, concierge services, and underground parking.
How does Owagik Developments ensure the quality of their construction?
Owagik Developments is committed to delivering high-quality projects to its customers. It uses the latest construction techniques and materials to ensure that its projects are built to the highest standards. In addition, the company has a team of experienced professionals who oversee every aspect of the construction process to ensure that everything is done to perfection.
