Lazura Developments enters the Egyptian market with an initial investment portfolio exceeding EGP 30 billion, backed by regional experience spanning more than two decades across 3 countries — the UAE, Sultanate of Oman, and Cyprus — where it has delivered over 134 diverse projects.
The company’s board is chaired by Dr. Ahmed Abdel Hakim, while Engineer Ahmed Fouad leads executive operations as CEO, The portfolio includes 6 projects across residential, commercial, and hospitality segments distributed between New Cairo, New Damietta, and Kafr El Sheikh, with announced expansion plans into the New Administrative Capital, North Coast, and Sheikh Zayed. Residential unit prices at the company’s flagship compound start from EGP 4,600,000, with payment plans extending up to 10 years and down payments starting from 0%.
Lazura Developments emerged as one of the prominent regional players in real estate development, carrying experience that spans more than two decades across major projects in 3 different countries. The company has delivered over 134 diverse projects covering residential, commercial, and tourism segments throughout the UAE, Sultanate of Oman, and Cyprus, before selecting the Egyptian market as a key milestone in its expansion journey.
The company brings together a leadership team that combines regional expertise with deep familiarity of local market dynamics. The board is chaired by Dr. Ahmed Abdel Hakim, who carries a strategic track record in managing major real estate investments, while Engineer Ahmed Fouad leads executive operations as CEO, drawing on a professional background that includes leadership positions at major Egyptian real estate firms. Dr. Ramadan El-Seddik serves as a prominent board member, providing the company with a robust knowledge base that enables an accurate reading of customer needs in the local market.
Lazura operates across 3 main sectors that complement one another within its investment portfolio: residential development through fully integrated compounds, commercial development via specialized retail centers, and the hospitality sector in partnership with major investment firms to launch premium serviced apartment units. The company targets gradual expansion across promising Egyptian cities, beginning with New Cairo as its first official destination, then expanding into the New Administrative Capital, the North Coast, and Sheikh Zayed, alongside launching commercial and residential projects in Kafr El Sheikh and New Damietta.
The company benefits from a clear competitive edge: it transfers its regional expertise in managing large-scale projects and applying global quality standards to the Egyptian market, while committing to flexible payment systems tailored to a wide spectrum of clients. It also introduces innovative investment models such as fractional ownership for serviced apartments and the bank-backed Escrow account system that protects investor funds — a model still limited in its application across the local real estate sector.
Lazura is led by a board of directors that combines regional experience with deep familiarity of the Egyptian market, formed from executive and advisory figures who have managed diverse real estate portfolios:
This composition reflects the company’s approach to building an integrated management model that combines on-the-ground experience with strategic vision, supporting its capacity to manage a diverse project portfolio simultaneously without compromising quality standards or delivery timelines.
Lazura adopts a development philosophy built on three core pillars:
The company collaborates with specialized consulting and architectural firms to ensure that project execution meets international standards. It also focuses on a low-density design model that allocates the larger share of project space to green areas and water features, enhancing quality of life within the compound and reinforcing the long-term investment value of its units.
Lazura aims to position itself among Egypt’s leading real estate developers within the coming few years, by delivering integrated projects that combine residential living with hospitality and commercial services within a single location. The company also embraces smart and sustainable city concepts, aligning with Egypt Vision 2030 to build modern urban communities capable of generating long-term investment returns for clients and investors alike.
Lazura pursues a set of strategic goals that form the roadmap for its expansion in the Egyptian market. The most prominent of these include:
Lazura has entered into a series of strategic partnerships with specialized entities to strengthen its operational and financial capabilities in the Egyptian market. These partnerships are a critical factor in elevating project quality and introducing innovative investment models:
These partnerships translate directly into client and investor confidence, as they introduce additional layers of governance and transparency in managing both projects and funds, while enriching the customer experience with investment services not previously available in the local market in this format.
For inquiries about new investment partnerships with Lazura Developments, you can reach out via the Lazura Developments hotline +201118183030 to receive detailed information from the sales team.
Lazura’s current portfolio in the Egyptian market includes 6 projects diversified across residential, commercial, and hospitality segments, headlined by Lazura New Cairo Compound with investments exceeding EGP 8 billion as the company’s first official project in Egypt, alongside commercial and residential projects in New Damietta and Kafr El Sheikh:
| Project | Location | Type | Status |
|---|---|---|---|
| Lazura New Cairo Compound | Fifth Settlement — New Cairo | Integrated Residential | Under Development |
| Luxor Hotel | Inside Lazura New Cairo Compound | Luxury Serviced Apartments | Under Development |
| Paris Mall | New Damietta | Commercial Mall | Under Development |
| Urban Heights Residence | New Damietta | Residential | Under Development |
| Icona Mall | Kafr El Sheikh | Commercial Mall | Under Development |
| Mirdif Mall | Egyptian Market | Commercial Mall | Under Development |
This distribution highlights the diverse nature of Lazura’s portfolio: New Cairo anchors the company’s residential activity, New Damietta serves as a hub for its commercial and residential launches in the Nile Delta region, while additional retail destinations target other promising cities within the local market.
Comprehensive coverage is available on the site for Lazura’s flagship project in New Cairo, with regular updates on prices and payment plans whenever new launch phases are released or booking system adjustments take place.
Lazura New Cairo Compound stands as the company’s first and most prominent project in the Egyptian market, located in the heart of the Fifth Settlement directly facing the View Zone area, adjacent to El Patio Oro Compound and Palm Hills Fifth Settlement. The project spans 9 acres, with 80% allocated to green spaces and artificial lakes, while residential buildings occupy only 20% of the total area — creating a low-density residential environment with direct views over green landscapes from every unit.
Apartment prices at the compound start from EGP 4,600,000 for a 2-bedroom unit measuring 107 square meters, while 3-bedroom apartments measuring 134 square meters start from EGP 5,360,000. The project offers a payment plan beginning with 0% down payment and installments extending up to 6 years, alongside multiple alternative plans tailored to different client preferences.
The compound features a diverse mix of residential units designed in a contemporary architectural style, alongside fully integrated amenities including indoor and outdoor swimming pools, fitness centers, dedicated walking trails, and play areas for children. The project is further distinguished by the launch of Luxor Hotel for serviced apartments within its grounds, giving it the character of a true mixed-use community and elevating its long-term investment value, with a delivery timeline targeting completion of the hospitality component within 3 years and operation at the highest international hospitality standards.
For inquiries about the latest prices and to schedule a site visit to any of the Lazura Developments projects, you can reach out to the Lazura Developments sales number +201118183030 for pricing offers and installment schedules.
Investing in Lazura projects offers a set of advantages designed for both end-users and investors. Below are the most prominent strengths, backed by actual data from the company’s current portfolio:
To get the latest information about Lazura Developments projects, you can reach out to the dedicated sales team for inquiries about prices, on-site visit bookings, and details of the flexible payment systems currently available across the company’s active portfolio.
Lazura Developments sales number: +201118183030
Available daily from 10:00 AM to 10:00 PM
Lazura Developments hotline: +201118183030
Available daily from 10:00 AM to 10:00 PM
The Lazura sales team provides a complimentary real estate consultation that includes a quick analysis of client needs and budget, recommendation of the most suitable project from the company’s portfolio, on-site unit viewings, and a full presentation of available financing and payment alternatives — including bank-based programs and the company’s internal facilities — along with continued post-sale follow-up.
Lazura Developments brings together regional experience spanning 3 countries, strategic partnerships with major investment and banking entities, and a diverse project portfolio covering residential, retail, and hospitality. This rare combination places the company in a distinguished position among new entrants to the Egyptian market. For client inquiries about the latest prices, available unit sizes, and installment schedules, you can reach out to the Lazura Developments sales number +201118183030 for a comprehensive real estate consultation and on-the-ground unit viewings.
