Naia West New Zayed is a new project announced by Naia Real Estate Development, following the success of their distinctive project, also named "Naia Bay North Coast." This time, they have chosen one of the most beautiful new Egyptian cities as the location for their new project, reinforcing their success and steady progress towards excellence.
The investment volume for Naia West New Zayed has reached 11 billion Egyptian pounds. The project focuses on providing a wide range of entertainment services along with attractive pricing and payment systems for investors. Stay tuned for updates on Compound Egypt's website.
Naia West Compound boasts an ideal location in the western part of Sheikh Zayed City, and some of the key features of its location include:
Naia West Compound offers a wide range of amenities and services for its residents, including:
Naia West New Zayed is a new project announced by Naia Developments, a distinctive company in the Egyptian real estate market, despite its relatively recent presence. The company is part of a group that includes seven sister companies operating in various fields, including contracting, construction, security, tourism, and civil investment. These companies include Vepro Care for General Services, Trade, and Supplies, Eastern Hotels, Eqi Capital for Investment, and Safety for Security and Technology Services.
Naia Developments emerged after the success of its flagship project, Naia Bay in Ras El Hekma on the North Coast. The company's success can be attributed to its large and experienced team with regional and international backgrounds from major companies, including Orascom, Damac Egypt, and Damac Dubai.
The Chairman of the Board of Directors is Engineer Hisham El-Denasouri, who has a long history in the real estate field of over 35 years, having previously managed large companies such as Al-Babteen and Amlak for Real Estate Investment.
The Commercial Sector President in the company is Mr. Mohamed Farag, who also has a successful track record in the field.
Naia Developments has collaborated with major real estate developers in the Middle East and has over 20 years of experience working with companies such as Orascom and Damac in Egypt and Dubai.
The company owns a land portfolio of 250 acres with investments totaling 19 billion Egyptian pounds, divided between Naia Bay on the North Coast and the new Naia West New Zayed Compound.
This strong start in the Egyptian real estate market is evidenced by the approximately 7 billion Egyptian pounds invested in the Naia Bay project.
Naia West New Zayed represents an investment of 11 billion Egyptian pounds, indicating that the company is doubling its investments to reach up to 40 billion Egyptian pounds in the next three years.
Engineer Hisham El-Denasouri, the Chairman of the Board of Directors, has stated that the company starts with a fully paid-up national capital of 100 million Egyptian pounds. There are ongoing arrangements to increase it to 200 million pounds, with further increases planned in the next two years.
The company's projects include Naia Bay in Ras El Hekma on the North Coast, Naia West New Zayed in Sheikh Zayed, and several potential projects in East Cairo.
Naia West New Zayed is their latest and distinctive project in the Egyptian market, offering a unique investment opportunity from a company that has started strong, with substantial capital and innovative ideas.
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