Horizon Egypt Developments Completes Land Purchase in New Cairo as Values Rise
Horizon Egypt Developments has officially completed all legal and administrative steps to buy land for its new project, SA’ADA New Cairo. This deal comes at a time when land prices in New Cairo are rising quickly, making it one of the most valuable and fast-growing areas in Egypt.
The land purchase is seen as an important move for Horizon Egypt, as New Cairo continues to attract strong interest from investors, developers, and businesses. The district has become a key location for real estate growth due to major government support and long-term planning.
Rising land prices in New Cairo
Land prices in New Cairo have increased sharply in recent years. This growth is mainly driven by Egypt’s economic reform program and large government investments in infrastructure. The state has invested heavily in new roads, transport links, electricity, water networks, and public services, making the area more attractive for both residential and commercial projects.
As a result of these developments, prime land in New Cairo is now estimated to have a total market value close to $1 billion. This figure highlights the strong demand for land in the area and shows growing confidence in New Cairo’s future as a modern urban center.
Investors see New Cairo as a long-term opportunity, supported by clear government policies and steady population growth. The area is also close to the New Administrative Capital, which further increases its strategic importance.
Government coordination and approval
Horizon Egypt said the land acquisition was completed through close coordination with the Lands Projects Authority, ensuring full compliance with government rules and development plans. The company noted that the deal aligns with Egypt’s broader strategy to expand urban areas, attract investment, and support sustainable city development.
According to the company, this cooperation with government bodies helps create a stable and transparent investment environment. It also strengthens trust between private developers and public institutions, which is essential for long-term market growth.
The deal is expected to support market stability in New Cairo and further improve the area’s image as a safe and attractive destination for both local and regional investors.
SA’ADA New Cairo project
Horizon Egypt expects the SA’ADA New Cairo project to deliver strong economic returns while adding real value to Egypt’s real estate sector. The development is designed to meet growing demand for high-quality urban projects, driven by population growth and changing lifestyle needs.
The company believes the project will contribute to job creation, economic activity, and improved urban living standards. It also reflects Horizon Egypt’s long-term commitment to the Egyptian market.
By investing in well-planned developments, the company aims to support Egypt’s economic growth and take part in shaping modern cities that meet international standards.
Continued investment in Egypt
Horizon Egypt confirmed that it plans to continue investing in Egypt and sees itself as an active partner in national development. The company said its strategy focuses on projects that support the economy, attract foreign investment, and contribute to Egypt’s long-term development goals.
Egypt remains one of the most attractive real estate markets in the region, thanks to its large population, growing middle class, and strong government backing for major projects.
Horizon Egypt’s leadership believes the country offers strong opportunities for responsible and sustainable development, especially in new urban areas like New Cairo.
Company background
Horizon Egypt was founded in 2021 and is chaired by Sheikh Dr. Majid Bin Saeed Al Nuaimi, who also serves as Chairman of the Ajman Ruler’s Emiri Court. Since its establishment, the company has focused on large-scale, high-impact real estate developments in Egypt.
The firm has built a reputation for working closely with government authorities and aligning its projects with national development goals.
Previous major agreement
In November 2025, Horizon Egypt signed a major land allocation agreement worth $881.4 million, equivalent to 42 billion Egyptian pounds, with the New Urban Communities Authority (NUCA). This agreement was signed to launch the Royal Saeed Towers project in New Cairo.
The Royal Saeed Towers project supports Egypt’s plans to expand hotel and tourism infrastructure. It also aligns with the government’s goal of attracting 30 million tourists by 2030.
Through projects like Royal Saeed Towers and SA’ADA New Cairo, Horizon Egypt aims to play a key role in developing modern urban and tourism-focused destinations across the country.
Outlook
With land values rising and investor confidence growing, New Cairo continues to stand out as one of Egypt’s most promising real estate markets. Horizon Egypt’s latest land acquisition strengthens its position in the area and reflects its long-term commitment to Egypt’s economic and urban development.
The company remains optimistic about the future and sees New Cairo as a cornerstone of its growth strategy in the years ahead.
Published: 13th January 2026
For more article like this please follow our social media Twitter, Linkedin & Instagram
Also Read:
DarGlobal unveils $10B Trump luxury projects in Saudi
Egypt to Receive Remaining EU Financial Support by 2027
SABIC sells two units to focus on high-growth markets
