Arclyn Developments is entering Egypt’s real estate market with an Egyptian-Emirati partnership and an initial investment portfolio worth about EGP20 billion ($381 million).

The developer plans to build three projects in the New Administrative Capital, marking its first major push into one of Egypt’s fastest-growing property markets.

The company also plans to evaluate opportunities in East and West Cairo and other strategic locations as it expands its Egyptian footprint.

Its initial pipeline is centered on the New Administrative Capital, where Arclyn said the first phase will comprise three developments targeting commercial, administrative and hospitality demand.

First project takes shape

Arclyn’s first development, Metrova, is a mixed-use project combining commercial, administrative and hotel components in the MU23 area of the New Administrative Capital.

The company said it has already paid more than 80% of the project’s land value and is preparing to release additional details about the development.

The partnership brings together Emirati and Egyptian expertise, with Sheikh Omar Al Marzouqi serving as a partner and board member alongside Chairman Yasser Al-Prince.

Arclyn said the structure combines UAE experience in construction and project execution with local knowledge of Egypt’s property market and its development opportunities.

UAE capital meets local expertise

Al Marzouqi said Arclyn’s launch reflects confidence in Egypt’s real estate market and its long-term investment prospects. He said the company is also pursuing partnerships with specialized firms in project management and other development activities as it builds the operational base needed to execute its pipeline.

Al-Prince said Arclyn’s strategy centers on projects supported by strong financial resources and execution capabilities. He pointed to the substantial payment already made toward Metrova’s land as evidence of the company’s commitment to its first development and its broader plans for Egypt.

Construction capacity backs expansion

Fahd Derbala, general manager of Arclyn Developments, said the company’s construction capabilities are supported by UAE-based DAK Construction, a Category A contractor with experience developing buildings and towers.

The contractor is expected to play a role in Arclyn’s effort to deliver projects in Egypt’s increasingly competitive development market.

Arclyn Developments is the Egyptian real estate arm built on the experience of Dar Al-Shrooq Building Contracting, or DAC, a UAE-based company established in 2004 by Egyptian professionals.

The group said its background spans construction, technical services and property management, providing a base for its expansion into real estate development.

Metrova builds its tenant base

Arclyn has already signed agreements with operators and service providers for Metrova, giving the project an established commercial framework ahead of further development announcements.

Regus will support the administrative component, while Commerca will focus on attracting commercial brands and Espresso Lab will operate within the hospitality and cafe component.