Zed Towers is a new project in Sheikh Zayed, Egypt, that promises to be a game-changer for the Egyptian real estate market. The development is a joint venture between Ora Developers, owned by Egyptian billionaire Naguib Sawiris, and Saif Group, a leading Pakistani conglomerate. The development will feature two towers, a 205-meter-high residential tower and a 130-meter-high hotel tower.

The project, which is set to be completed by 2022, employs cutting-edge technologies and environmentally sustainable designs. The residential tower will feature 370 luxury apartments, with prices starting from EGP 1.5 million ($85,000), while the hotel tower will have 300 rooms, conference rooms, meeting rooms, and retail outlets. Zed Towers will also feature green spaces, a clubhouse, and a swimming pool.

The location of the project is also a major selling point, as it is situated on the Cairo-Alexandria Desert Road, just minutes away from The Smart Village, the Sheikh Zayed City Club, and key educational institutions like The British International School in Cairo and Beverly Hills Prep School.

Zed Towers marks the first joint venture between Ora Developers and the Saif Group, and both parties seem confident about the success of the project. Naguib Sawiris, the chairman of Ora Developers, said that “Zed Towers is a project that will drive Egyptian real estate into a new era of innovation and sustainability. It is a visionary project, and we are excited to be part of its development.”

Similarly, Shahid Nazir, the chairman of the Saif Group, said that “our partnership with Ora Developers marks the beginning of a new chapter in our company’s history. Zed Towers is a landmark project that will bring world-class standards to the Egyptian real estate market.”

Egypt’s real estate market has been on a steady rise in the past few years, and projects like Zed Towers are adding to the momentum. With a growing middle class and increasing demand for luxury properties, the Egyptian real estate market has enormous potential for growth. Projects like Zed Towers, with their focus on sustainability, innovation, and luxury, are paving the way for a brighter and more prosperous future for the industry.