Al Marasem Development is a prominent name in the real estate development sector and part of the Saudi Binladin Group. Since its establishment in 1997, the company has been developing projects and continues to strategically expand its presence across the Middle East.
Al Marasem Development is working to solidify its position in the Egyptian market through large-scale projects that reflect a high level of planning and execution focused on quality. The company aims to provide investors with all the essential services and amenities within their units, which has helped it gain customer trust and respect, establishing itself as a leading company in the Egyptian real estate market.
Al Marasem Development doesn’t rely solely on its name; it prioritizes customer satisfaction in its relationships. The company operates in three main areas of Egypt: New Cairo, New Zayed, and Ras El Hekma.
Regarding projects, Fifth Square stands out as a prime example of the company’s scale within the sector, alongside other prominent projects in its portfolio such as Marvel and Mar Bay. This image demonstrates that the company measures its impact by diversifying its specific projects rather than relying on repeating general marketing messages.
Al Marasem Construction adopts a competitive approach that differs from a developer who focuses solely on the sales phase. Its execution experience and construction background give it a better understanding of work quality, but the true test of performance comes upon delivery and commissioning. The company’s phased expansion, from East Cairo to New Zayed and then to Ras El Hekma, reveals its pursuit of a multi-pronged expansion strategy within the Egyptian market, reflecting a broad approach rather than a focus on a single region.
About Al Marasem Development Company
Al Marasem Development is one of the leading real estate development companies in Egypt and a subsidiary of the Saudi Binladin Group. The company boasts a long and distinguished track record in contracting, built over decades in the development and construction sector. This extensive experience, cultivated under the guidance of Sheikh Khalid Binladin and Sheikh Omar Binladin, has allowed it to grow and develop over nearly twenty years.
Al Marasem Development began its operations in the Egyptian and Saudi markets, drawing on a team with approximately 86 years of combined operational experience in the real estate industry. This reflects the company’s ability to overcome challenges and establish a strong presence in the development sector.
Furthermore, Al Marasem Development is a well-established name in the Egyptian and regional real estate market. Founded in 1997 as part of the Saudi Binladin Group, the company has benefited from a solid foundation of experience and robust corporate governance. Over time, AlMarasem Development has accumulated nearly 29 years of experience in Egypt, alongside international expertise in execution and development. It began as a general contracting arm and gradually transformed into a real estate developer offering residential, commercial, and administrative projects according to approved development standards.
AlMarasem Development’s trajectory has witnessed remarkable evolution, transitioning from contracting and executing work for others to launching its own projects as a real estate developer since 2017. This transformation marked a significant turning point with the launch of its flagship project, Fifth Square in New Cairo, reflecting a clear focus on projects with an institutional character and advanced operational standards.
AlMarasem Development’s investments are primarily concentrated in New Cairo (Fifth Settlement), the North Coast, and Sheikh Zayed. The company offers investment models such as the “AlMarasem Partner System,” in addition to its strong financial standing, which enables it to continue project execution even during periods of economic challenges, thus enhancing its ability to fulfill its commitments to investors.
Al Marasem Development boasts a long track record of achievements, beginning with the execution of dozens of contracting projects before expanding into real estate development. This experience includes executing expansions for major infrastructure projects, such as the Cairo, Hurghada, and Sharm El Sheikh airports. This expertise is part of a substantial investment portfolio, encompassing diverse land and projects designed to provide residential and investment opportunities that cater to a wide range of families and meet their needs.
As part of its ongoing efforts, Al Marasem Development has garnered several awards, elevating its standing among companies operating in the market. These include:
- Being ranked among the top 200 construction companies globally by ENR.
- Receiving numerous local and international accolades, including the “Best Residential Project in Egypt” award from Time Out magazine.
- Being selected by the Saudi Binladin Group as the master developer for Egypt’s New Administrative Capital.
Who owns Al Marasem Development?
Al Marasem Development is owned by the renowned businessman Khaled Bin Laden and his brothers, Khaled Bin Laden and Omar Bin Laden. The partners possess a combined 86 years of experience in the real estate sector, a career marked by the execution of numerous projects that have solidified the reputation of Bin Laden Real Estate and enhanced its achievements and renown.
Looking ahead, Al Marasem aims to launch several mega-projects designed to revolutionize the real estate market and strengthen its presence through extensive development initiatives.
Partners in Al Marasem Development Success
Al Marasem Development has successfully forged impactful partnerships that have directly contributed to improving and elevating its projects. Among the most prominent of these partnerships is its collaboration with specialized design and construction firms. This has resulted in distinctive architectural designs for the projects, further solidifying the company’s position among Egypt’s leading real estate companies.
To ensure high levels of quality and innovation in every project, Al Marasem Investment and Real Estate Development Company relies on a strategic network of relationships with leading local and international consulting firms in the fields of design and engineering. Al Marasem’s partners include:
- Design Center Amr Zaher: Providing leading structural consulting expertise.
- ICE: Specializing in the design of drainage networks and road systems, working under the supervision of Engineer Osama Aqeel.
- ECG: A global consulting firm with over half a century of experience.
- GEO: Focusing on geotechnical studies and soil analysis for major projects.
- SITES INTERNATIONAL: Offering integrated consulting services including project management and design.
- AMSAD: An international engineering firm operating from Jeddah since 2012.
- YBA Architects: Undertaking architectural design, landscaping, and interior decoration, with a contemporary vision infused with Egyptian spirit.
This system of partners of Marasem Real Estate Development contributes to supporting the various stages of development, as each entity represents an essential element within the project journey, which helps to provide smart, safe, and advanced urban communities that ensure a distinguished experience for both customers and partners.
Al Marasem Development Vision and Objectives
AlMarasem Development Company demonstrates its approach through its projects, which embody the concept of connecting residential spaces with the daily details of life, such as ease of transportation, availability of services, and the presence of commercial spaces linked to management and services. The company emphasizes that this approach is not merely a marketing slogan, but is evident on the ground; Fifth Square clearly reflects the company’s influence within the market and its significant presence.
It is noteworthy that Al Marasem’s strength is not measured by slogans, but rather demonstrated through several practical factors, most importantly the quality of execution, adherence to delivery schedules, and the management’s efficiency in maintaining the project’s value after its actual operation for the benefit of owners and investors, thus ensuring the continuity of returns and investment value in the long term.
Al Marasem Development Company’s Vision
Al Marasem Real Estate Development Company aspires to be among the leading companies setting the benchmark in the field of real estate development in Egypt and the Middle East. This vision is based on delivering projects that integrate elements of luxury with high-quality construction, along with innovative designs that meet market needs.
The company also strives to maintain its leading position by providing residential and investment solutions that anticipate and fulfill customer aspirations, while preserving its long-standing reputation for accuracy and credibility built over the past decades.
Al Marasem Development’s Objectives
Leadership in Quality: Adopting the highest standards of construction and finishing, leveraging the company’s experience in executing large-scale projects such as vital infrastructure developments and airports.
- Investment Innovation: Offering more flexible contractual methods and clear benefits for clients, most notably the Partnership System, which allows clients to partner with the developer.
- Commitment to Deadlines: Maintaining the company’s established reputation for delivering units and phases on schedule, or even ahead of schedule in some cases.
- Geographic Expansion: Expanding the land portfolio in strategic locations, such as the New Administrative Capital, the North Coast, and West Cairo.
- Customer Satisfaction: Providing professional after-sales services and facilities management that contribute to residents’ comfort and preserve long-term value.
- Sustainable Development: Integrating environmentally conscious elements, such as green spaces, alongside modern technology in new projects.
Al Marasem Development Values
- Credibility: Commitment to promises with complete transparency in all dealings and contracts.
- Excellence: Continuously striving for the best in design, execution, and services.
- Professionalism: Highly efficient project management through a specialized team with world-class expertise.
- Customer First: Placing the client’s needs and interests at the heart of the decision-making process.
- Innovation: Providing unconventional solutions and ideas, whether in urban planning or investment and financing mechanisms.
Advantages of Al Marasem Development
Al Marasem Real Estate Development Company enjoys a strong presence and distinguished reputation in the Egyptian real estate market, making a significant contribution to the sector. Its key strengths can be summarized as follows:
- Al Marasem Investment and Real Estate Development Company prioritizes strategic locations for its projects, ensuring easy access for residents to their various destinations.
- Al Marasem Development consistently strives to provide diverse and well-designed unit sizes within its projects, ensuring each client finds a unit that suits their family’s needs and living space requirements.
- Al Marasem Construction offers its projects with a range of facilities and services designed to provide a comfortable and luxurious lifestyle, offering residents a more enjoyable daily experience.
- Al Marasem Group offers competitive prices and offers that vary according to the specifications of each unit, aiming to provide suitable options for different client segments. It also strives to offer upscale housing at affordable prices, supporting the aspirations of young people and creating genuine investment opportunities.
- AlMarasem Development also provides multiple payment plans, allowing clients to choose the system that best suits their capabilities and circumstances. Al Marasem Real Estate Development prioritizes on-time delivery to maintain customer trust and enhance its credibility.
- The company collaborates with leading specialists and engineering design experts to deliver luxurious projects that guarantee the highest levels of comfort and privacy for their residents.
Prices and Payment Plans at Al Marasem
Al Marasem Real Estate Development has successfully combined exclusivity and distinction with consistently available and comprehensive services at competitive prices compared to similar offerings in the market. This approach caters to diverse customer segments, taking into account their varying needs and purchasing power.
- The company offers flexible and diverse payment plans to suit different customer profiles, including:
- An option with no down payment, allowing the unit price to be divided into installments determined according to the customer’s preferences.
- Another plan allows for a 10% down payment, with the remaining balance payable in equal installments over a period of up to 8 years.
If you are looking for a high-end real estate investment opportunity that offers greater stability while protecting your money as much as possible, then going to one of the offices of Al Marasem Real Estate Company and booking a suitable unit may be a practical step to benefit from a steady monthly income.
Al Marasem Development Projects
Al Marasem Real Estate Development Company has developed a portfolio of investment projects based on high-quality execution, the use of premium building materials, and adherence to the latest planning and construction methods. Among the most prominent projects launched by Al Marasem Development in the Egyptian real estate market are:
Mar Bay North Coast Village
Mar Bay North Coast Village is located in a prime location at kilometer 200 on the Alexandria-Matrouh Road, ensuring easy access and smooth traffic flow. The project boasts a carefully designed architectural style and amenities. Green spaces and lakes extend throughout the village, forming a significant portion of its total 640-acre development.
The village offers a variety of units, including standalone villas, twin houses, townhouses, and chalets with direct sea views, ranging in size from 98 to 420 square meters, with competitive prices and flexible payment options.
Marville New Zayed Compound
Marville New Zayed Compound is a prominent residential option by Al Marasem Development, based on the concept of providing a fully integrated residential community. The company has ensured the provision of all the essentials of daily life within the project itself, from facilities and services designed to meet residents’ needs to an environment that combines privacy and comfort.
The location is also distinguished by its proximity to main roads and highways, facilitating quick access to various destinations. The project spans a total area of 111 acres and offers a variety of units, including apartments, duplexes, villas, townhouses, and twin houses in various sizes. Among the project’s most prominent features are its competitive prices and flexible payment plans.
Marville New Zayed Compound is one of Al Marasem’s newest projects, located on the Alexandria Desert Road, directly opposite Sphinx Airport. The project offers villas and apartments with areas starting from 180 square meters, and prices starting from EGP 9,156,000, with a payment plan starting from a 5% down payment over 10 years.
Al Marasem Fifth Square Compound, New Cairo
Al Marasem Fifth Square Compound in New Cairo offers a family-friendly lifestyle with modern designs that blend elegance and functionality. Spanning a vast area of 158 acres, the project boasts a diverse range of residential units in various sizes, along with easy booking through flexible payment plans.
Located in the Golden Square area of New Cairo, the project combines a prime location with distinctive designs. The compound offers a variety of options, including apartments, villas, townhouses, and independent units.
Regarding pricing, Al Marasem Development has created options to suit different budgets. Apartment sizes start from 170 square meters, and unit prices start from EGP 14,360,000, with a payment plan requiring a 15% down payment and installments over 8 years. Finishing options range from semi-finished to fully finished, depending on the agreement.
Compound Capital Gate New Cairo
Compound Capital Gate New Cairo is a project by Al Marasem Development, located in one of the most prestigious areas of New Cairo, in the heart of Fifth Settlement. The company has opted to offer only apartments within the compound, aiming to provide an opportunity for a wider range of those seeking residential units. Apartment sizes start from 95 square meters.
Al Marasem Development has also ensured a clear and suitable pricing plan for investment, with prices per square meter starting at EGP 13,750, bringing the total starting price to EGP 1,375,000. Reservations are made through a system that begins with a 10% down payment, with the remaining amount payable in installments over 8 years. This makes the project a strong opportunity for those seeking a prime location and a chance to achieve a return in a shorter period.
Lake Residence Fifth Square Al Marasem
Lake Residence Fifth Square Al Marasem in New Cairo marks the debut of Al Marasem Development’s projects in New Cairo, situated in one of the most desirable areas of Fifth Settlement. The concept is that of an integrated residential community, with the company prioritizing modern, international design trends and providing a range of facilities and services to meet residents’ needs.
Lake Residence Fifth Square is one of the latest luxury residential projects launched in the heart of New Cairo, specifically within the Fifth Square compound. The project offers fully furnished, hotel-style units with high-quality construction and finishing.
The project’s location is connected to vital routes linking it to various service and transportation options in the area, placing it close to South 90th Street and the New Administrative Capital. The project spans a total area of 20,850 square meters, and the units vary, including:
- Hotel Apartments: ranging from 48 to 52 square meters.
- Two-bedroom apartments: ranging from 94 to 103 square meters.
- Larger units ranging from 108 to 143 square meters with luxurious finishes and views of green spaces and internal lakes.
Prices start from EGP 1,848,000, with a payment plan that includes a non-recurring booking system, typically with a low down payment and the remaining balance payable over 7 years.
Moon Residence New Cairo
In the heart of Fifth Settlement, New Cairo, Al Marasem Development launched its Moon Residences project. The project boasts a prime location within the Fifth Square area, close to water features and the compound’s modern clubhouse. Situated at the highest point within the compound, the Moon Residences project offers enhanced privacy and a sense of spaciousness.
The project spans a total area of 158 acres, designed to provide a lifestyle that combines tranquility and luxury. Residential options range from apartments and villas to units with private gardens, with sizes approximately 90 to 250 square meters, catering to the needs of various segments of the population, whether for housing or investment.
The concept behind Moon Residence is to present the project as a fully integrated urban community, not just residential units, through expansive green spaces and services that cater to daily needs and feature high-quality facilities.
Unit prices start from EGP 3,880,000, with an installment plan starting with a 5% down payment and extending up to 8 years.
Fifth Square Mall New Cairo
Fifth Square Mall New Cairo is one of Al Marasem’s projects, located in a prime location within the vibrant Golden Square area. Unit sizes within the mall start from 54 square meters. Competitive pricing options are available, with prices starting from EGP 2,567,400, and an installment plan starting with a 5% down payment and extending up to 5 years.
Al Marasem Compound New Sheikh Zayed
Al Marasem Compound in New Sheikh Zayed is ideal for those seeking a fully integrated residential community offering a well-organized lifestyle in a prestigious location. The project boasts a strategic location within Sheikh Zayed, near the Ring Road, providing easy access to various landmarks, services, and main roads.
The project spans 110 acres, which is reflected in the diverse range of available units, including apartments, villas, and duplexes with distinctive architectural designs. The company offers competitive prices and flexible payment plans to meet the needs of buyers.
Recent Projects by Al Marasem Real Estate Development
Al Marasem has recently contributed to a diverse range of projects and developments spanning the medical, service, commercial, and administrative sectors, alongside construction work at various locations.
Key projects include:
- Heliopolis Club in El Shorouk City.
- Al Marasem Hospital in the Fifth Settlement.
- Construction of clinic buildings within Uptown Cairo Mall.
- The administrative building for Amer Group.
- Fifth Square in New Cairo.
- Moon Residence Compound in the Fifth Settlement.
- Lake Residence Fifth Square in New Cairo.
- Construction work at various airports in Egypt.
- Projects at Al Rehab Mall and Dreamland Mall.
- Contribution to the World Bank’s administrative facilities.
- Participation in the development of the Fairmont Nile City Hotel.
- Sharjah Airport in the UAE.
- Work related to the Four Seasons Hotel in Jordan.
FAQs
What projects are Al Marasem developing now?
Al Marasem is currently developing premium mixed-use projects: Fifth Square and Moon Residence in New Cairo, Mar Ville and MAResidence Rotana in New Zayed, and the Mar
Who are the top 5 real estate developers in Egypt?
The top 5 real estate developers leading the Egyptian market in size and sales include Talaat Moustafa Group (TMG), Palm Hills Developments, Emaar Misr, SODIC, and Mountain View.
Is Al Marasem a trusted developer?
Yes, Al Marasem is highly trusted. Backed by the massive Saudi Binladin Group, it holds multiple ISO certifications and is highly regarded in Egypt for construction quality and punctual project delivery.