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Horizon Egypt Developments

Founded 2021

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Horizon Egypt Developments is an Emirati-Egyptian real estate developer founded in 2021 to enter the Egyptian market with a single flagship project and grow from there. The company operates under the umbrella of Emirati Development Group, with its Egyptian operations headquartered in New Cairo.

The board is chaired by His Excellency Sheikh Dr. Majid Bin Saeed Bin Rashid Al Nuaimi, head of the Amiri Diwan in the Emirate of Ajman. He is joined by design partner engineer Adnan Saffarini, owner of one of the UAE's largest private engineering consultancies.

This leadership structure gives the company strong Gulf backing inside the Egyptian market and explains the speed at which it has been able to acquire large land plots since its founding.

Horizon Egypt focuses on residential, commercial, and mixed-use development. The company currently operates in two areas: New Cairo compounds and the North Coast, with a flagship anchor in Ras El Hekma.

اقرأ صفحة المطور بالعربية

Horizon Egypt Developments — Company Overview

Horizon Egypt entered the Egyptian market in July 2021 after completing the land acquisition for its Saada project in New Cairo, a transaction regional press described as one of the largest Emirati real estate investments in Egypt, valued at roughly one billion US dollars.

The company does not operate like a traditional developer launching dozens of branded projects in parallel. Instead, it follows a "single big brand" strategy.

This means scaling the Saada brand across multiple expressions (New Cairo, Boutique, North Coast, Mall, Sixth Settlement) as an integrated ecosystem rather than spreading effort across many separate names.

Track Record and Flagship Projects

Since 2021, Horizon Egypt has launched its flagship Saada New Cairo compound on 371 feddans in Fifth Settlement. The masterplan caps built-up area at 11.7%, leaving 88% of the land for green space and landscape — one of the highest open-space ratios among New Cairo compounds.

The project includes standalone villas and twin houses sized between 199 and 776 square meters, with prices starting from 35,000,000 EGP. Inside the same masterplan, the company is developing a 2 km business strip, an international school, a sports club, a medical center, and two five-star hotels.

The second project is Saada Boutique in Sixth Settlement, sitting on 66 feddans with smaller units from 71 up to 380 square meters, priced from 7,700,000 EGP — aimed at buyers seeking a more compact boutique product inside New Cairo.

The third project is Saada North Coast, located at kilometer 183 of Ras El Hekma on 125 feddans, with prices ranging from 22,000,000 to 55,000,000 EGP.

Areas Served by Horizon Egypt

The developer is currently active in two of Egypt's most important real estate markets: New Cairo (Fifth and Sixth Settlements) and the North Coast (Ras El Hekma).

This is a deliberate choice. New Cairo drives most of the annual residential demand in Greater Cairo, while Ras El Hekma has become the new gateway for North Coast investment following the 2024 ADQ Ras El Hekma deal, which lifted land values in the area dramatically.

Horizon Egypt Project Portfolio

Horizon Egypt's portfolio on CompoundGate currently includes three active projects, all carrying the Saada brand:

1) Saada New Cairo — The flagship: 371 feddans in Fifth Settlement on Suez Road, with standalone villas and twin houses of 199 to 776 square meters, prices from 35,000,000 EGP. Status: Selling, with a 28% cash discount per the latest Nawy update.

2) Saada Boutique — A Sixth Settlement boutique project on 66 feddans, units sized 71 to 380 square meters, prices from 7,700,000 EGP. Status: Selling — designed for smaller families and investors.

3) Saada North Coast — A Ras El Hekma resort on 125 feddans at kilometer 183, with chalets and villas of 208 to 377 square meters, prices from 22,000,000 to 55,000,000 EGP. Status: New Launch — released during the post-ADQ wave of Ras El Hekma resort launches.

Why Buy from Horizon Egypt

The first advantage is strong Emirati backing. The lead shareholder is a member of Ajman's ruling family, which means a stable Gulf funding line that reduces the delivery and stoppage risk buyers face with smaller, thinly-capitalized developers.

The second advantage is architecture. The partnership with Saffarini Engineering Consultants in the UAE delivers a Gulf-standard design quality in projects like Royal Saeed Towers and Saada Mall, a tangible step up from many local consultancies.

The third advantage is portfolio focus. Concentrating three projects under one brand means that executive and operational resources are pooled on Saada rather than scattered across many names — a structural plus for any buyer signing an 8 to 10 year installment plan.

Frequently Asked Questions about Horizon Egypt

Is Horizon Egypt a trusted developer?

Yes. The company is part of Emirati Development Group and is chaired by Sheikh Dr. Majid Bin Saeed Al Nuaimi, head of the Amiri Diwan in Ajman, providing strong financial and managerial backing.

When was Horizon Egypt founded?

The company was founded in 2021 and entered the Egyptian market through a land acquisition for the Saada project in New Cairo valued at roughly one billion US dollars.

Does Horizon Egypt offer installment plans?

Yes. All Horizon Egypt projects come with extended installment plans, alongside cash offers with discounts reaching up to 28% based on the latest market updates.

Where are Horizon Egypt projects located?

Projects are located in New Cairo (Fifth and Sixth Settlements) and on the North Coast (Ras El Hekma at kilometer 183).

What makes Horizon Egypt different from other developers?

Concentration on a single brand (Saada) instead of fragmented launches, design partnership with the Emirati firm Saffarini Engineering Consultants, and direct Gulf financial backing tied to the government of Ajman.

For a full view of the Egyptian market, see all real estate developers in Egypt on CompoundGate.

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