The Ark Developments Projects in Egypt

About The Ark Developments

The Ark Real Estate Development was formed as an alliance of four groups: Organi Group, Al Safy Group, Arabella Group and Abdel Maksoud Group, which bring backgrounds in manufacturing, construction and technology. That makes The Ark a fairly new developer with experienced shareholders behind it. So far it has concentrated on commercial and office property, with a first step into housing.

In the same part of the Fifth Settlement, the company also offers Cliff mall, designed by architect Raef Fahmy, and Edge, a residential compound of apartments.

How to choose a unit from The Ark

Since most of the portfolio is commercial, decide first whether you will run the unit yourself or lease it out. If rental income is the goal, compare the permitted activity on each floor; a ground-floor shop and an upper-floor office behave very differently in yield and in how fast they rent.

Ask who will manage the mall and its shared areas, and what the monthly service charge will be after handover. Because The Ark is still early in its track record as a developer, look for any phase it has already delivered and ask for a written construction schedule tied to a clear late-delivery penalty. For Rafts in particular, compare the price per square meter with other office projects in 6th of October.