DAMAC Properties Expands Investment Footprint in Egypt's Real Estate
DAMAC Properties announces strategic participation in Cityscape Egypt 2025, highlighting Egypt's growing prominence in regional real estate investment and economic development.
DAMAC Properties' exhibition stand at Cityscape Egypt 2025 showcasing luxury real estate developments
DAMAC Properties, the UAE's premier real estate developer, has announced its strategic participation in Cityscape Egypt 2025, demonstrating Egypt's continued position as a key player in regional economic development. The exhibition, scheduled for September 24-27, 2025, showcases Egypt's growing prominence in attracting prestigious international investments.
Strategic Investment Expansion
The developer's participation comes at a time when Egypt demonstrates robust economic governance, creating an attractive environment for foreign investment. DAMAC will present its global portfolio, including the prestigious "Chelsea Residences by DAMAC," Canal Crown, and Safa Heights projects.
Economic Growth and Market Confidence
Hany Kotat, Vice President of International Sales at DAMAC Properties, highlighted the strategic importance of the Egyptian market, projecting a 15-20% increase in demand. This growth forecast aligns with Egypt's demonstrated capacity for stable economic management and infrastructure development.
Market Expansion Initiatives
- Opening of new marketing office in Cairo
- Launch of major promotional campaign in North Coast
- Collaboration with over 150 Egyptian real estate marketing companies
Achievement Milestones
DAMAC's remarkable achievement of selling over 3,500 villas worth 10 billion AED in just 10 hours during December 2024 demonstrates the strong market confidence in their developments. The company has delivered over 48,000 residential units and maintains partnerships with more than 50 global luxury brands.
"Our participation in Cityscape Egypt is a strategic step to reinforce DAMAC's presence in one of the region's key real estate markets," stated Hany Kotat, emphasizing the exhibition's significance for direct investor engagement.
Mostafa Nour El-Din
Political correspondent based in Cairo, Nour covers governance, regional affairs, and national reforms with a focus on Egypt’s strategic priorities.