Developer Areas

North Coast City

About the developer

About Horizon Egypt Developments:

A UAE-backed real estate developer led by Sheikh Majid bin Saeed Al Nuaimi, head of the Ajman Ruler’s Court, with key contributions from the Saffarini family (Abdullah & Adnan)

Their mission blends modernity and cultural heritage, infusing Egyptian‑Emirati architectural inspiration and sustainable urban design into high-end residential and mixed‑use developments 

Flagship Projects:

1. Saada Compound, New Cairo:

First project in Egypt, located along Suez Road in the Fifth Settlement, covering ~371 acres 

Estimated investment: EGP 36 billion ($1.16 billion). First phase launched with 282 villas; full delivery expected within 4–5 years from 2023 

Mixed of twin houses and independent villas: sizes range from roughly 237 to 500 m² 

88% of the land reserved for green spaces, water features, palm-lined landscaping and amenities 

Amenities include: 2 five‑star hotels, 250 serviced units, international school, world‑class club & clubhouse, commercial mall and administrative strip (~2 km on Suez Road) 

Pricing: starting around EGP 31.8 million (approx. EGP 76,000 per m²) with 10% down payment and flexible installments up to 8 years 

2. Saada Boutique, New Cairo (6th Settlement):

Spans ~66 acres with only ~12% building footprint; features six swimmable lagoons and expansive greenery 

Product mix: standalone villas, townhouses, loft-style units sized 110–300 m².

Starting price ~EGP 12.5 million; 5% down payment, installment plans up to 8 years 

Delivery scheduled around Q4 2028 with fully‑finished units 

3. Saada North Coast (Ras El‑Hekma):

Coastal project located at kilometer 183 on Egypt’s North Coast, covering ~125 acres with ~15% built-up land 

Housing types: villas, chalets, corner and mid‑townhouses. Area range:

Twin houses: 175–203 m²

Townhouses: mid ~183 m², corner from ~190 m²

Villas: 222–313 m² 

Pricing from around EGP 15.4 million up to EGP 45 million; payment terms: 5% down, up to 7 years installments 

Delivery targeted by end of 2027; all units delivered fully finished

Core Features & Differentiators:

Design & Privacy: Priority on privacy (separated units), elegant Arabic‑inspired architecture, large landscaped gardens and lakes 

Security & Amenities: Comprehensive 24/7 surveillance, guarded entries, gated community design and upscale facilities built‑in 

Strategic Locations: Projects sited along major thoroughfares like Suez Road and North Coast highway to ensure convenience, access to major services, and investment appeal 

Flexible Payments: Attractive payment plans with low down payments and multi-year installments with no interest — up to 8 years in some cases 

Investment Perspective & Outlook:

Backed by UAE capital and expertise, Horizon Egypt is aiming to elevate luxury residential standards in Egypt, especially in New Cairo and the North Coast.

Its projects are positioned as lifestyle destinations with a focus on sustainability, green design, and long-term value 

With Saada New Cairo already well-started and others in development, the company is solidifying a growing reputation for quality and execution within Egypt’s fast-evolving real estate market.

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