Lasirena Group

Lasirena Group is an Egyptian real estate and hospitality developer founded in 2006 and headquartered in Cairo, with a portfolio concentrated in Ain Sokhna compounds, the North Coast, Ras Sudr, El Galala, and Sharm El Sheikh.

The group manages more than fifteen active coastal projects, a land bank exceeding three million square metres, and a strong delivery record. النسخة العربية · English version.

About Lasirena Group

Lasirena Group was set up in Cairo in 2006 as a hospitality-led real estate developer focused on Egypt's coastal destinations. The company built its name on resort villages and chalets inside Ain Sokhna before expanding east and west.

The board is chaired by Ahmed Omar, with Mahmoud Omar serving as co-founder and board member. The group runs a hybrid model combining coastal residential development with hotel operations and tourism, which sets it apart from purely residential developers in Cairo.

Track Record

Lasirena has passed fifteen years in the market, delivered around 1,200 units during 2023 alone, and announced a 1,700-unit delivery target for 2024 according to statements published by Daily News Egypt.

The active land bank exceeds three million square metres spread across Ain Sokhna, El Galala, Ras Sudr, Al Dabaa on the North Coast, Sharm El Sheikh, and Maadi in Cairo. That puts Lasirena among Egypt's largest east-coast developers.

The first North Coast project was a 55-acre beach village, the company's first footprint outside the Gulf of Suez, and it opened the door for the later expansion into Al Dabaa and beyond.

Areas Served

Buyers find Lasirena projects in five core destinations: Ain Sokhna (the largest concentration), the North Coast, Ras Sudr, El Galala (administratively part of the Sokhna corridor), and Sharm El Sheikh.

Maadi in Cairo hosts the commercial Canan Capital project, a deliberate step outside the group's coastal identity, designed to cover demand for premium office space in the heart of the city.

Lasirena Project Portfolio in Egypt

Ain Sokhna holds the largest cluster of projects: Lasirena Sokhna Resort, the oldest in the portfolio, alongside Lasirena Palm Beach and Palm Beach.

The Sokhna lineup continues with Lasirena Resort, the upscale Cape Bay on 60 acres with a 350-metre beachfront, and Mini Egypt Sokhna with its Pharaonic-themed identity featuring replicas of ancient Egyptian monuments.

Up in the Galala mountains, the group develops Majesty Bay El Galala, villas and chalets that combine mountain and sea views in one location.

On the northern coast, the group is represented by Lasirena North Coast in Al Dabaa, plus later-stage projects under development in Ras Sudr such as Lasirena Bay and Lavento.

Why Buy from Lasirena Group

First, coastal specialisation. Unlike general developers who tack a summer village onto an urban portfolio, Lasirena was built from day one to operate beach resorts. That means on-site beach clubs, aqua parks, marine activities, and group-run restaurants come standard.

Second, the hospitality-led model. Units can be put into the group's hotel-style operating pool during non-occupancy windows, opening rental returns to buyers instead of locking up a chalet for ten months a year.

Third, a tangible delivery record: 1,200 units handed over in 2023 alone, across a portfolio spanning six major tourist destinations, which cuts delay risk versus a single-project developer.

Lasirena Group FAQ

When was Lasirena Group founded? Lasirena Group was established in Cairo in 2006, and its portfolio now exceeds fifteen coastal and hospitality projects.

Where are Lasirena projects located? Projects are spread across Ain Sokhna (largest cluster), the North Coast, Ras Sudr, El Galala, Sharm El Sheikh, and Maadi in Cairo for commercial.

Is Lasirena Group a trusted developer? Yes. The group delivered around 1,200 units in 2023, holds a land bank above three million square metres, and has more than fifteen years of operating history in the Egyptian coastal market.

Does Lasirena Group offer installment plans? Yes. All active projects come with payment plans extending up to ten years, with down payments starting at 5 to 10 percent. Terms vary by project and phase.

What sets Lasirena apart from other coastal developers? Coastal specialisation from day one, a hospitality-led operating model, in-house resort services, and six different tourist destinations inside a single portfolio.