What Marakez does

Marakez is a privately held Egyptian mixed-use real estate developer and the Egyptian development arm of Saudi conglomerate Fawaz Al Hokair Group. The company develops, owns, and operates an integrated portfolio of large-scale residential, retail, commercial office, and entertainment assets spanning approximately 4 million square meters of land across 12 projects in West Cairo, East Cairo, New Cairo, 6th of October, the North Coast, Tanta, and Mansoura. Flagship assets include Mall of Arabia (a 148-feddan, 420-unit retail destination ranked as Cairo's largest mall by TripAdvisor), Mall of Mansoura (155,000 sqm), Mall of Tanta (140+ shops), and the District 5 master-planned community combining D5M retail, Club5 entertainment, Plateau residences, and District 5 Work offices.

The company generates revenue through three principal streams: one-time sales of residential units priced from EGP 1 million to EGP 100 million (including Aeon in West Cairo, Ramla on the North Coast, and Plateau residences); recurring commercial lease income from owned retail malls and office space; and ancillary mall operations income from anchor tenants, cinema operators, and family entertainment venues such as Billy Beez, Flip-out, and Bricks City. Distribution is direct via project-site showrooms, a Zamalek sales office, a corporate website with property search functionality, and phone/WhatsApp/email sales channels (hotline 19876).

Marakez sells primarily to end-user residential homebuyers and premium local and international retail brands seeking shopping center locations, with secondary exposure to office tenants and entertainment operators. The business model is capital-intensive and debt-funded, as evidenced by two recent credit facilities totaling approximately $168 million (Banque Misr EGP 3 billion in February 2026 and QNB Group in April 2026). The company operates with a lean 51-100 person headcount and benefits from strategic backing of Fawaz Al Hokair Group, providing regional capital and expertise access in the Egyptian market.

Name

Marakez

Legal name

MARAKEZ

Website

https://marakez.net

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Marakez is the Egyptian real-estate development arm of Fawaz Al Hokair Group, developing and operating large-scale mixed-use communities — including Mall of Arabia, District 5, and Mall of Mansoura — serving residential homebuyers, retail tenants, and office tenants across Cairo, the North Coast, and the Egyptian Delta.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

NAICS

Real Estate Property Managers (53131), Lessors of Real Estate (5311), Lessors of Residential Buildings and Dwellings (53111), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

Retail & Mixed-Use Commercial Construction (IMAFACAB), Multifamily (Apartment) Property Management (BPAJAGAD)

Keywords

• Mixed-use real estate
• Residential property development
• Commercial retail leasing
• Shopping mall operations
• Integrated urban communities

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Property Sales (Residential): Revenue generated from selling residential units across mixed-use developments including West Cairo, New Cairo, East Cairo, and North Coast projects.
2. Commercial Lease Revenue: Stable recurring revenue from leasing commercial retail and office spaces. Mall of Arabia generates commercial lease revenues used to back credit facilities.
3. Retail Mall Operations: Revenue from mall operations including retail unit leases, hypermarkets, cinemas, entertainment venues, and dining establishments across owned shopping centers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Marakez develops and operates large-scale mixed-use real estate projects across Egypt, encompassing residential apartments and penthouses, retail shopping malls, commercial office spaces, and integrated entertainment venues. The company sells residential units directly to end-user homebuyers and leases commercial retail and office space to tenants, with flagship properties including Mall of Arabia, District 5, D5M, Mall of Tanta, Mall of Mansoura, Town Center, Aeon, and Ramla.

Product overview

Marakez is a mixed-use real estate developer operating as a single unified platform offering residential, retail, commercial office, and entertainment developments across Egypt. The portfolio includes flagship retail destinations (Mall of Arabia, D5M, Mall of Tanta, Mall of Mansoura, Town Center), mixed-use communities (District 5), and residential offerings (Aeon, Ramla, District 5 Residences). The company develops and manages its own properties rather than offering a technology product.

Differentiator

Problem solved

Functional benefit

Brands

• Mall of Arabia: One of Egypt's largest retail destinations, located in 6th October City, Giza Governorate, spanning approximately 148 feddans with 420 retail units
• District 5
• Mall of Mansoura
• Mall of Tanta

Products and services

• Mall of Arabia Egypt's largest shopping mall located in 6th October City, Giza, spanning approximately 148 feddans with 420 retail units. Features premium local and international brands, dining options, cinema plex, and family entertainment including Billy Beez, Flip-out, and Bricks City. Targets retail tenants, entertainment operators, and shopping consumers.
• District 5 One-of-a-kind mixed-use project blending urban and suburban lifestyles in New Katameya. Features shopping and entertainment at D5M, Club5, residential units, and dynamic office spaces. Targets homebuyers, retail tenants, and office tenants seeking an integrated community environment.
• District 5 Campus (District 5 Work) Dynamic office spaces within District 5 ideal for entrepreneurs, startups, and fast-growing enterprises. Office units range from 160 sqm to 690 sqm with high efficiency rates, ready for delivery within 18 months. Targets office tenants seeking premium business location within an integrated community.
• District 5 Residences - Plateau High-elevation residential living within District 5, positioned as the highest vantage point offering endless views and redefined elevated living experience. Targets premium residential buyers.
• D5M First shopping mall in New Katameya at the heart of District 5, driven by an innovative vision prioritizing engaging entertainment and walkability. Provides a unique shopping experience for residents and surrounding community. Targets retail tenants and consumer shoppers.
• Mall of Tanta Retail destination in Tanta featuring over 140 shops, a hypermarket, multiplex cinemas, and casual dining venues with indoor and outdoor seating for the whole family. Targets retail tenants and consumer shoppers in the Delta region.
• Mall of Mansoura Open-air mall in Mansoura, Dakahlia governorate, spanning 155,000 sqm of land and centered around three plazas. Brings the first properly planned public realm to the city with convenient access and sufficient parking. Targets retail tenants and consumer shoppers in the Delta region.
• Town Center Fully comprehensive retail experience located in a highly populated prime area in East Cairo, serving all the needs of its community. Targets retail tenants and consumer shoppers.
• Aeon First high-residential buildings in West Cairo with 20 floors of high-end fully serviced apartments and penthouses offering extravagant skyline views of Cairo. Targets premium residential buyers.
• Ramla Residential project on a beach in Ras El Hekma Sahel, North Coast, positioned on the most beautiful of bays. Targets premium residential buyers seeking coastal lifestyle.

Quantifiable outcome

• Mall of Arabia ranked as biggest mall in Cairo by TripAdvisor

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• City Edge: Egyptian joint-venture real estate developer with public-sector backing developing mixed-use projects. Comparable as a developer of large-scale mixed-use communities targeting Egyptian homebuyers in similar price bands.

Direct peers

• Amer Group: Egyptian developer of mixed-use resorts and residential projects along the North Coast (e.g., Marassi, Hacienda Bay area) and Cairo. Directly competes with Marakez on mixed-use product and Egyptian buyer base.
• Mountain View (DMG): Egyptian developer of residential and mixed-use communities across Cairo, North Coast, and Ain Sokhna. Comparable product mix, target segment (premium Egyptian families), and beach/urban development approach to Marakez.
• Madinet Nasr Housing (MNHD): Egyptian developer active in East Cairo with mixed-use and residential projects. Comparable in Cairo geographic focus and integration of residential and commercial product, though with a different scale profile.
• Tatweer Misr: Egyptian developer of integrated communities such as Fouka Bay (North Coast) and Bloomfields. Overlaps with Marakez on mixed-use masterplans, premium coastal positioning, and Egyptian buyer base.
• SODIC: Egyptian developer of mixed-use and premium residential communities including East Cairo and North Coast projects. Closely overlaps with Marakez's premium positioning and live-work-play development philosophy.
• Palm Hills Developments: One of Egypt's largest integrated real estate developers operating across residential, commercial, and mixed-use projects in Cairo and the North Coast. Directly comparable to Marakez in product mix (integrated communities, retail, resorts) and target buyer segments.
• Emaar Misr: Egyptian arm of Emaar Properties, developing large-scale mixed-use masterplans (e.g., Mivida, Marassi, Uptown Cairo). Competes directly with Marakez in premium mixed-use and master-planned communities across Egypt.
• Ora Developers: Egyptian luxury developer behind projects like ZED, Pyramids Hills, and Silver Sands. Competes with Marakez on premium and luxury residential product in Egypt and along the North Coast.

Others

• Fawaz Al Hokair Group: Saudi-based parent conglomerate and regional real estate/retail operator. Relevant as Marakez's parent and strategic backer; comparable business lines (real estate development and mall operations) span the GCC and Egypt.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MarakezEgypt
• LinkedInlinkedin.com/company/marakez

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marakez