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Shore Africa > Hot news > Business > EONS Developments unveils $206 million luxury real estate project in Egypt
New Cairo City
BusinessLuxury

EONS Developments unveils $206 million luxury real estate project in Egypt

Egypt’s booming real estate market gets a $206 million luxury boost from EONS Developments.

Timilehin Adejumobi
Last updated: September 1, 2025 1:52 pm
Timilehin Adejumobi Published September 1, 2025
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At a Glance


  • EONS launches a $206 million luxury real estate project in New Cairo’s First District.
  • The development features smart city design, sustainability, and investor-focused opportunities.
  • Egypt’s booming real estate market attracts global investors seeking high-end urban living.

EONS Developments, an Egyptian-Swedish real estate company, has unveiled plans for a $206 million luxury residential and commercial project in New Cairo, marking its official entry into Egypt’s fast-growing property market.

The flagship development is positioned to redefine integrated urban living with smart city infrastructure, sustainable design, and premium investment opportunities, reinforcing New Cairo’s reputation as a global hub for high-end real estate.

The project will rise in the First District of New Cairo, one of Egypt’s most in-demand neighborhoods for luxury homes, upscale retail, and business hubs.

With more than 35 years of real estate investment experience in Sweden, EONS aims to deliver a world-class lifestyle community that merges modern architecture, environmental innovation, and investor appeal.

Egypt emerges as a luxury real estate hotspot

“Egypt is a strategic growth market with significant regional and global potential,” said Sherif Taha, CEO of EONS Developments. “Our vision is to introduce a transformative urban model that blends luxury, technology, and sustainability while offering exceptional value for investors.”

The company’s debut highlights Egypt’s rise as one of the Middle East and North Africa’s fastest-growing real estate markets, driven by a booming population, rapid infrastructure expansion, and increasing demand for premium residential developments.

“We’re building a brand that reflects international quality and innovation standards,” said Nadim Sennara, Head of Marketing at EONS. “This project targets high-net-worth buyers seeking a distinctive lifestyle in Egypt’s most dynamic city.”

Sherif Taha, CEO of EONS Developments

EONS bets on urban innovation and smart communities

EONS Developments plans to partner with leading architects and tech providers to advance sustainable property design, smart city ecosystems, and luxury urban communities.

Officially known as EONS Real Estate Developments, the company focuses on landmark projects that align with Egypt’s Vision 2030 urban development strategy and position Cairo as a magnet for global investors.

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TAGGED:Egypt Luxury Real EstateEgypt Real Estate MarketEONS Developments EgyptNew Cairo PropertySmart City Projects
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