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Founded 2024
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Off-Plan
The Ark Development is a recent Egyptian real estate consortium formed by four established business groups: Organi Group, Al Safi Group, Arabella Group, and Abdel-Maksoud Group. Read this page in Arabic.
The alliance operates a single 93-feddan master plan in the heart of New Cairo, at the intersection of the Southern 90th Street and the Mohamed Naguib Axis, split into a residential anchor (Edge) and a commercial-administrative anchor (Cliff).
The Ark is not a conventional real-estate house. It is a capital alliance between four standalone Egyptian groups with long track records across industry, construction, technology, pharmaceuticals, hospitality, automotive, and retail.
That diversification is the point. Buyers are not purchasing a unit from a single-source developer; they are buying from a four-party balance sheet whose risk profile is shaped by multiple unrelated income streams.
The Ark released its first major project wave in 2024. The portfolio currently spans four developments across New Cairo and West Cairo, with all architecture handled by the office of Raef Fahmy, one of Egypt's most active urban-design practices.
Flagships include Edge, a residential complex with apartments, duplexes, and penthouses fitted with Vimar Italy home automation and a five-star hotel on the same plot, and Cliff, a commercial mall delivering offices, bridge offices, and loft offices with private entrances.
The portfolio also includes The Ark Business District, the 93-feddan mixed-use spine inside the same master plan, and Rafts, a standalone residential compound in 6th of October.
Payment terms across the portfolio start at a 10% down payment, with installment plans running 6 to 8 years depending on the project. Those terms are competitive within the 2026 Egyptian new-launch segment.
The Ark's footprint concentrates in two Greater Cairo zones. The primary cluster is New Cairo compounds, where the master plan and three of the four developments sit.
The secondary cluster is 6th of October compounds in West Cairo, where the Rafts project operates independently of the eastern master plan.
The current portfolio consists of four assets: two residential (Edge inside the New Cairo master plan; Rafts in 6th of October) and two commercial-administrative (Cliff and The Ark Business District) on the same eastern plot.
The development logic is the integrated-city model. Edge residents are served by the Cliff commercial mall and the wider business district within walking distance, plus a hotel within the same master plan. That setup minimises the resident's need to leave the gate for everyday work or services.
On 2026 pricing: Edge apartments start at 14.5 million EGP; Cliff offices from 10 million EGP; Business District units from 8.17 million EGP; and Rafts from 4.5 million EGP.
The first reason is ownership diversification. Because four standalone groups stand behind the developer, operational risk is structurally lower than a single-source real-estate company dependent on one cash-flow line.
The second reason is geographic concentration. Three of four projects sit inside one adjacent master plan, which means the buyer is investing in a complete ecosystem rather than an isolated unit, and unit value tracks the success of the master plan as a whole.
The third reason is location. The 90th Street and Mohamed Naguib Axis intersection is one of the most active nodes in New Cairo, supporting both end-use and rental-yield positioning.
Q: Is The Ark a trusted developer?
A: Yes. The consortium is built from four established Egyptian business groups with track records that predate the real-estate vehicle, which structurally lowers risk versus a brand-new single-identity developer.
Q: Where are The Ark's projects located?
A: Three projects sit inside a single master plan in New Cairo at the 90th Street and Mohamed Naguib Axis intersection. A fourth project, Rafts, is in 6th of October.
Q: Does The Ark offer installment plans?
A: Yes. Plans start at a 10% down payment and run 6 to 8 years depending on the project.
Q: What is the difference between Edge and Cliff?
A: Edge is the residential component (apartments, duplexes, penthouses) within the master plan; Cliff is the commercial-administrative component (offices and retail) on the same plot.
Q: Who is the architect behind The Ark's projects?
A: Raef Fahmy, one of Egypt's most active urban-design practices.
See also all real estate developers in Egypt for portfolio comparisons.
