Off-Plan
LARZ Developments
Founded 2021
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LARZ Developments is the real estate arm of Al-Gawish Group, an Egyptian conglomerate active across real estate and energy since 1982 in both Egypt and Saudi Arabia.
LARZ was incorporated in 2021 as a standalone real estate platform and currently focuses its investments inside the New Administrative Capital. The Arabic version of this page is available at شركة لارز للتطوير العقاري.
Company Overview
LARZ is chaired by Abdelrahman Al-Gawish, who also chairs the parent Al-Gawish Group. The company publishes total investments of approximately 17 billion EGP across the Madai project alone, with reported group-level investments exceeding 57 billion EGP.
The parent group's combined operations are valued at approximately USD 2 billion across Egypt and Saudi Arabia, giving LARZ institutional backing that is unusual for a five-year-old real estate brand.
Track Record & Past Projects
LARZ's first project, LARZ Business Hub, was launched in October 2024 inside the New Administrative Capital and is marketed by the company as the first integrated business hub of its kind in the city.
Starting with a commercial-administrative project before moving to residential is an unusual sequencing, but it allowed LARZ to test execution on income-producing assets before committing to a large-scale residential build.
As a 2021-incorporated entity, LARZ's actual unit-handover record is still being built. Buyers should treat the current portfolio as forward-looking and verify on-site construction progress against the published timeline.
Areas Served
LARZ's announced portfolio is currently entirely inside the New Administrative Capital. This geographic focus gives the company a clear positioning as a Capital-specialist developer rather than a multi-market operator.
The parent Al-Gawish Group's Saudi presence creates optionality for future regional expansion under the LARZ brand, although no such projects have been announced to date.
Project Portfolio
The flagship residential project is Madai Compound in the New Administrative Capital, sited on a 36-feddan plot inside R8 facing the Central Axis, with total investments of approximately 17 billion Egyptian pounds.
Madai unit prices start at 2,698,000 EGP with a 10% down payment and installments up to 10 years, with handover scheduled for 2030. The project is being executed in partnership with the National Authority for Tunnels under the Ministry of Transport.
The commercial-side flagship is LARZ Business Hub, targeting investors looking for income-producing assets inside the Capital with premium office and workspace specifications.
Why Buy from LARZ Developments
The strongest argument for buying from LARZ is the institutional backing of Al-Gawish Group, which has been operating across multiple sectors since 1982. That reduces a layer of the operational risk usually attached to a brand-new real estate name.
The announced partnership with the National Authority for Tunnels on Madai adds a layer of accountability by linking the project to a government counterparty within the execution chain — useful context for buyers evaluating risk.
As a 2021-incorporated entity, buyers should still read Madai's published delivery timeline carefully and verify permit status plus construction progress on-site before committing.
Frequently Asked Questions
Is LARZ a trusted developer?
LARZ is the real estate arm of Al-Gawish Group, which has operated since 1982. As an independent real estate brand, LARZ itself was incorporated in 2021, so its standalone unit-delivery record is still being established.
What is LARZ's delivery record?
The Madai project in the New Administrative Capital is scheduled for delivery in 2030 across three phases, according to the company's published timeline.
Does LARZ offer installment plans?
Yes. Madai is offered with a 10% down payment and installments up to 10 years, in line with competitive payment structures inside R8.
Where are LARZ's projects located?
All announced LARZ projects to date are inside the New Administrative Capital — one residential (Madai R8) and one commercial-administrative (LARZ Business Hub).
What makes LARZ different from other developers?
The institutional backing of Al-Gawish Group, paired with the announced partnership with the National Authority for Tunnels on Madai, gives LARZ a deeper resource base than most newly established developers in R8.