Marakezمراكز
Marakez Projects in Egypt
Marakez, the developer behind Mall of Arabia in 6th of October, has Saudi roots and builds in New Cairo, October, the North Coast and the Red Sea. Here are all its projects in New Cairo, 6th of October, North Coast, Red Sea, with current prices.
- Founded
- 1990
- Projects
- 6
- Areas
- 4
Marakez projects in Egypt
Marakez projects in New Cairo
3 projects
Marakez projects in 6th of October
1 project
Marakez projects in North Coast
1 project
Marakez projects in Red Sea
1 project
About Marakez
Many people know Marakez without realizing it, because it is the company that opened Mall of Arabia in 6th of October in 2010. Marakez was founded in 1990 in Riyadh, Saudi Arabia, and entered Egypt through large retail destinations such as Mall of Arabia, Mansoura Mall and Katameya Mall before moving into residential and coastal projects. Eng. Basel Ramzy leads the company as CEO.
Buying a home from a retail-first developer
Marakez's core experience is retail, which shows in projects with shopping close by, such as Aeon next to Mall of Arabia. As a home buyer, focus on other things: ask about residential phases already delivered in District 5, inspect finishing if the unit comes finished, and find out who will manage the compound after handover.
For Ramla and Shams Soma, remember the seasons differ. Soma Bay can be used most of the year, while the North Coast season is shorter. Factor in travel time from Cairo and yearly maintenance. With any Marakez project in Egypt, read the delivery terms, penalties and maintenance arrangements carefully.
Marakez FAQ
Is Marakez the company behind Mall of Arabia?
Yes. Marakez opened Mall of Arabia in 6th of October in 2010, and its Aeon compound sits next to it.
Where are Marakez residential projects?
In New Cairo's 5th and 6th Settlements (District 5, District 6, Crescent Walk), in 6th of October (Aeon), and on the coast at Ramla on the North Coast and Shams Soma on the Red Sea.
Is Marakez reliable for residential projects?
Its retail track record is well known, but for homes it is best to inspect delivered phases in District 5 and ask residents about management and upkeep before deciding.
