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Main Marks Developments is an Egyptian-Emirati real estate joint venture that combines four strategic partners with more than 40 years of accumulated experience across the Egyptian and Gulf markets.
The partners are Rawabi Al Ain General Contracting and Real Estate from the UAE, alongside WEALTH Real Estate Developments, HTD Properties, and El Hayah Construction and Development from Egypt.
The company is headquartered in New Cairo and its current portfolio focuses on mixed-use projects that combine administrative, commercial, medical, and serviced hospitality units along the North 90 and South 90 axes of the Fifth Settlement.
The flagship project of Main Marks Developments is Moray New Cairo, a 16.5-feddan mixed-use development on the North 90 axis.
According to CEO George Ghanem, quoted by Daily News Egypt in January 2024, the company is investing EGP 12 billion in Moray with a target sales value of EGP 34 billion.
Main Marks plans to deliver the first phase of Moray within three years of construction start, with hospitality operations and commercial management run through a partnership with Qatari operator Retaj Hotels and Hospitality. That arrangement links the project to international serviced-apartment operating standards.
The second project is H:rs New Cairo, launched on the South 90 axis. It mirrors Moray's commercial-investor focus on the opposite side of the Fifth Settlement and is built around the same four-pillar design philosophy the company communicates publicly: Nature, Art, Community, and Architecture.
Every Main Marks Developments project to date is located in New Cairo, specifically along the North 90 and South 90 commercial spines of the Fifth Settlement. These corridors sit close to the American University in Cairo and the Northern Investors Area, two of the highest-footfall zones in east Cairo.
The current Main Marks portfolio consists of two mixed-use developments aimed at investors in office, medical, retail, and serviced-apartment units in New Cairo:
Moray New Cairo — a 16.5-feddan project on the North 90 axis with total investment of EGP 12 billion. It includes administrative units, retail outlets, medical clinics, and serviced apartments.
Listed Moray unit prices start at EGP 13,253,180 with payment plans extending to seven years and entry down payments as low as 0%, per the latest published price lists on third-party portals.
H:rs — the most recent Main Marks Developments launch, located on the South 90 axis. It targets the same commercial and administrative investor segment as Moray but on the opposite side of the Fifth Settlement.
The structural advantage of Main Marks Developments is the partner mix itself. A well-capitalised Emirati partner, Rawabi Al Ain, provides balance-sheet depth, while three Egyptian partners bring decades of local contracting and development experience. That combination reduces single-point operating risk and links execution to Gulf-grade construction standards.
Selecting Retaj Hotels and Hospitality to operate Moray's serviced and commercial components signals that the company is committing to international hotel operating standards. This is particularly relevant for buyers seeking serviced-apartment yield with stable hard-currency rental income.
The risk a buyer must weigh: Main Marks is still building a complete delivery track record. No phase has been fully handed over yet, and both projects are mid-construction.
Before signing a long installment contract, verify the actual on-site completion percentage and the latest published delivery dates with the developer directly.
Is Main Marks Developments a trusted developer?
Main Marks is a joint venture between Emirati partner Rawabi Al Ain and three Egyptian partners with combined experience approaching forty years. It is led by CEO George Ghanem. The unified brand is relatively new, but the four shareholders have long-standing track records in their home markets.
Where are Main Marks projects located in Egypt?
All current projects are in New Cairo, along the North 90 axis (Moray) and the South 90 axis (H:rs) of the Fifth Settlement.
Does Main Marks Developments offer installment plans?
Yes. Moray currently offers payment plans of up to seven years with down payments starting from 0% on selected units, per the latest published price lists.
What makes Main Marks different from other New Cairo developers?
A full focus on mixed-use commercial, administrative, and medical projects rather than residential, plus an international hotel operator (Retaj from Qatar) running the hospitality and serviced components at Moray.
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