Afaq Developments

About Afaq Developments

Afaq Developments began its journey 15 years ago and has achieved leadership and distinction in Egypt's real estate market and the Arabian Gulf. Also known as Amorada, the company targets a large segment of investors and clients by delivering outstanding projects fulfilling their aspirations—whether for better living or investment in commercial, administrative, and medical projects designed in the latest international styles. These developments guarantee success and rewarding financial returns. The company prioritizes client needs and executes them with supreme quality through specialists across all fields. Following a distinctive policy and vision places Afaq among leading real estate companies capable of competing with the finest projects in the market. This success comes under wise leadership supervised by Founder and Chairman Dr. Osama El-Etreby and Vice Chairman Mahmoud El-Rewiny.

Goals and Features of Afaq Developments

Afaq Developments pursues a set of goals earning client trust and achieving leadership. The company's distinguishing features support this mission while aiming to provide maximum comfort, including:

• Afaq Developments aims to achieve urban development through advanced, sustainable projects.
• The company delivers residential and investment units at the highest quality level, generating financial returns for owners.
• Commitment and precision in delivering projects on schedule build client trust and loyalty.
• Careful selection of strategic locations for project launches, combined with employing top engineers to execute international designs, fulfills client ambitions.
• Competitive pricing for residential and investment units balances quality and cost to attract clients.
• Afaq Developments follows the latest trends in décor and technologies delivering sustainable projects.
• Partnerships with private and government sectors achieve urban development and provide better living.
• Transparency and integrity in client dealings reflect credibility and high-quality work—key features distinguishing Afaq.
• For client comfort, Afaq Developments equips its projects with essential facilities and services meeting needs with superior quality and minimal effort.
• Relationships between the company and clients extend beyond sale completion through innovative solutions and necessary consultations.
• Expansion desires and nationwide project launches transform traditional investment and real estate development concepts.

Vision and Mission of Afaq Developments

Afaq Developments has earned client trust and achieved an excellent reputation through its distinctive vision and policy for delivering urban projects. The company pursues residential and investment work surpassing client expectations with international specifications and unique designs reaching stunning levels. Specialists execute client aspirations based on precise real estate market studies, competitive pricing, and offers attracting investors. Expansion throughout Egyptian, Arab, and eventually European markets drives the developer forward.

Key Projects by Afaq Developments

Following its innovative vision and ambitious goals, Afaq Developments has translated aspirations into tangible reality through a select collection of projects achieving top sales figures, including:

• Amorada Compound Fifth Settlement, Cairo's largest residential project. Specialists carefully selected the location in the heart of Fifth Settlement, specifically on 90th Street opposite Hyde Park. Elite engineering consultants executed décor and finishes for units while applying quality standards to the compound's engineering plan. Spanning 7 acres, Amorada New Cairo features 272 luxurious residential units including apartments, penthouses, and duplexes across various areas starting from 191 square meters. Green spaces and recreational facilities occupy approximately 77% of total project area. The developer established competitive unit pricing at EGP 45,000 per square meter with total prices from EGP 8,595,000. Attractive payment facilitations allow 3-year installments when paying 50% of unit value to receive fully finished units with all facilities and services.
• Amorada Park View Project, launched in one of New Cairo's most prestigious neighborhoods near the Middle Ring Road at the beginning of 90th Street, making access easy and quick. Buildings and units were executed in Greek and Spanish styles creating enchanting atmospheres, designed by Engineer Samer Samir. Spanning 7 acres (28,615 square meters), construction represents approximately 25% of the compound with 280 residential units including studios and apartments ranging from 47 to 263 square meters, plus duplex and penthouse units from 217 to 327 square meters. Competitive pricing starts at EGP 45,000 per square meter with total prices from EGP 8,000,000. Payment plans extend to 5 years with a 12% down payment. Units are delivered fully finished with all facilities and services.
• Amorada Hub New Cairo Mall, one of the most important investment projects launched in Fifth Settlement, fulfilling ambitions for a large segment of clients across all investment activities. The location was carefully selected and executed under the direction of leading engineering consultants. Amorada Hub comprises investment units with complete facilities and services, competitive pricing, and payment facilitations attracting clients.
• Venezia Towers 1 and 2 execution.
• Home Bay 6th of October implementation.
• Lotus Village North Coast establishment.
• Florida Hotel North Coast construction.
• Gardenia Hotel North Coast development.
• Sara Beach Village Ras Sudr creation.