Marakez, one of the leading real estate developers in Egypt, has announced the launch of its latest project, Compound District 5, located in the heart of New Cairo.

With a total investment of EGP 4.5 billion, Compound District 5 spans over an area of 36 acres and offers a mix of residential, commercial, and leisure facilities.

The residential component of the project consists of 715 units, including apartments, duplexes, and villas. The properties range from one to four bedrooms, providing ample living space for individuals, couples, and families.

Residents of Compound District 5 will also have access to a range of amenities, including a clubhouse, swimming pool, gym, spa, and a sports complex. In addition, the project features a shopping mall with over 200 stores, restaurants, and cafes, providing residents with easy access to a variety of entertainment and retail options.

The project's central location in New Cairo offers easy access to some of Cairo's most famous landmarks, including the New Administrative Capital, Cairo Festival City, and the American University in Cairo.

Speaking about the project, CEO of Marakez, Ahmed Badrawi, said: "Compound District 5 is our flagship project in New Cairo and represents our commitment to creating innovative developments that provide a unique living experience for our customers."

With its state-of-the-art facilities, modern design, and prime location, Compound District 5 is set to become one of the most sought-after residential and commercial projects in the city.

Marakez is known for its high-quality developments and has delivered several successful projects in Egypt, including Mall of Egypt and Mall of Arabia. The company aims to continue its growth trajectory and expand its portfolio of real estate projects while providing exceptional customer service and delivering value to its stakeholders.