LMD Egypt, a prominent real estate developer, has announced a substantial investment in a new project spanning 150 acres (approximately 630,000 square meters) directly opposite Sphinx International Airport in New Zayed. This strategic location is poised to enhance the project’s appeal, offering unparalleled accessibility and connectivity.

Project Highlights:

• Mixed-Use Development: The project is set to feature a diverse array of components, including residential units, hotel accommodations, and dedicated recreational, commercial, and administrative areas. This comprehensive approach aims to create a self-sustaining community catering to various lifestyle and business needs.
• Investment and Sales Projections: With an investment of approximately EGP 10 billion, the development is anticipated to generate sales reaching EGP 15 billion. This significant financial commitment underscores LMD’s confidence in the project’s success and its potential contribution to the local economy.
• Strategic Location: Situated directly opposite Sphinx International Airport, the project offers a prime location that enhances its attractiveness to both residents and investors. The proximity to the airport is expected to facilitate ease of travel and boost the project’s appeal to international clients.

About LMD Egypt:

Established in 2007, LMD has developed a diverse portfolio of projects across Egypt and internationally, including ventures in the UAE, Spain, and Greece. Notable developments in Egypt include:

• One-Ninety: A flagship mixed-use development in New Cairo, featuring branded residences, office spaces, and hotels managed by international brands.
• 3’Sixty: A business and leisure complex in New Cairo’s Golden Square, offering administrative, medical, and commercial components.

• Zoya Ghazala Bay: A luxurious resort in the North Coast, providing a range of upscale residential units and amenities.

Implications for the Real Estate Market:

LMD’s new project in New Zayed is poised to significantly contribute to the area’s development, attracting potential homeowners and investors seeking modern living spaces and business opportunities. The project’s strategic location near Sphinx International Airport and its comprehensive mixed-use offerings are expected to enhance the appeal of New Zayed as a desirable destination.

Stay Informed:

As LMD Egypt progresses with this project, further details regarding unit specifications, pricing, and sales launches will be made available. Interested parties are encouraged to monitor official LMD communications for the latest updates.

Note: For more information on LMD’s projects and updates, kindly contact us.

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