El Obour Real Estate

What El Obour Real Estate does

El Obour Real Estate Investment Company (شركة العبور للإستثمار العقاري ش. م. م) is a publicly listed Egyptian real estate developer and general contractor headquartered in Nasr City, Cairo, in operation since 1998 with over 25 years of experience. The company focuses on new urban communities under Egypt's New Urban Communities Authority (NUCA), developing residential, commercial, administrative, and mixed-use projects across New Cairo/Fifth Settlement, El Obour City, Al-Shurouq, and Nasr City. The company is publicly listed on the Egyptian Exchange (ISIN: EGS65551C011) and publishes quarterly and annual consolidated and standalone financial statements.

Its core product portfolio includes residential apartment buildings (notably the Bait Al-Watan buildings 6, 27, 71, 73, 79 in Fifth Settlement), luxury villas (Fifth District, El Obour City), mixed-use towers (Al-Marwa Tower and Heikal Tower in Nasr City), and large commercial-administrative-entertainment complexes (El Obour Center, 33,000 sqm built area, 400 commercial units, 40 administrative units). The company operates both as a developer for its own account and as a general contractor for third parties. It also serves as a real estate development consultant for Al Ghanim International's Marina Darin project in Al Jubail Industrial City, Saudi Arabia, marking its first international footprint.

The business model is asset-based real estate development: the company develops properties in NUCA-governed new cities for direct sale to individual buyers, with payment plans facilitating access (e.g., 15% down payment, 72-month interest-free installments on Bait Al-Watan). Go-to-market is direct-to-buyer via the corporate website, phone sales lines, and on-site project marketing. The company maintains an investor relations function and a Board of Directors consistent with a publicly listed Egyptian corporate structure. Technology is limited to a corporate website, basic social media presence, and an investment calculator tool; no AI/ML, data platform, or proprietary technology stack is evidenced.

Name

El Obour Real Estate

Legal name

شركة العبور للإستثمار العقاري (ش. م. م)

Website

https://elobouregy.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

101–250 employees

Short description

El Obour Real Estate is a publicly listed Egyptian developer of residential, commercial, and mixed-use projects in NUCA-governed new cities, with over 25 years of experience and a consulting role on a Saudi Arabian mega-project.

Ownership category

akta.pro rank

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Pricing tiers

Distribution channels1 record

Marketing channels3 records

Core offering

El Obour Real Estate is an Egyptian real estate developer that builds and sells residential apartment buildings, luxury villas, mixed-use towers, and commercial-administrative-entertainment complexes in new cities under the New Urban Communities Authority, including El Obour City, New Cairo (Fifth Settlement/Bait Al-Watan), Al-Shurouq City, and Nasr City. The company also provides integrated general contracting services for housing and urban development projects on its own account and for third parties, and acts as a real estate development consultant for international projects such as Marina Darin in Saudi Arabia.

Product overview

El Obour Real Estate Investment Company is a leading Egyptian real estate development company with over 25 years of experience, operating under the New Urban Communities Authority. The company offers a diverse portfolio of residential buildings, villas, and commercial complexes primarily in New Cairo (Bait Al-Watan, Andalus Division), El Obour City (Districts 1, 5, 9), Al-Shurouq City, and Nasr City. Their current projects include Bait Al-Watan buildings (6, 27, 71, 73, 79), the international Marina Darin project in Saudi Arabia, and the Al Obour Center commercial complex. The company also provides general contracting services for housing and construction projects.

Differentiator

Problem solved

Functional benefit

Brands

• Jawharat Beit Al-Watan (جوهرة بيت الوطن): Residential project brand featuring buildings in Fifth Settlement, New Cairo

Products and services

• Bait Al-Watan Residential Buildings (Buildings 6, 27, 71, 73, 79) Residential apartment buildings in the Bait Al-Watan (Nation's Home) compound in New Cairo (Fifth Settlement), featuring modern designs with amenities such as gardens, proximity to clubs and services. Available with a 15% down payment and installment plans over 72 months without interest.
• Marina Darin Project (Saudi Arabia) International real estate project in Al-Jubail Industrial City, Saudi Arabia. El Obour acts as real estate development consultant for Al-Ghanim International Saudi. Consists of 5 plots totaling 80,000 sqm with hotels, residential units, commercial shops, and a 90,000 sqm commercial mall.
• El Obour Center Commercial Complex Premier commercial, administrative, and entertainment center in El Obour City - District 1. Built on 50% of a 12,366 sqm plot with 33,000 sqm built area, featuring 400 commercial units, 40 administrative units, 100 parking spaces, and 4 passenger elevators.
• Al-Marwa Tower - Nasr City Mixed-use tower at 79 Hafez Ramadan Street, District 6, Nasr City. Features basement parking, ground and first commercial floors, plus 10 residential/administrative floors with modern facades and 2 luxury elevators.
• Heikal Tower - Nasr City Corner tower at the intersection of Mohamed Hussein Heikal Street and Tripoli Street (from Abbas El-Akad). Features basement garage, ground and mezzanine commercial, and 10 residential floors with 2 luxury elevators.
• Fifth District Villas - El Obour City Luxury villas in District 5 of El Obour City, situated on the highest point of the distinguished Fifth District. Features include private gardens, luxury entrances, elevators, garages, central satellite systems, and intercoms.
• Jouhara El Obour Buildings (Block 18035) Residential buildings 1-7 in Block 18035 at the distinguished Ninth District square of El Obour City. Near city device, recreational district, and universities area. Features include luxury entrances and modern designs.
• Building 31 - Jouhara El Obour (Fourth Phase) - El Obour City Center Residential building at the highest point of El Obour City center. Near Saint Joseph School, city device, recreational district, Benha University, and El Obour Club. Features elegant designs, luxury facades, garage per unit, elevator, central satellite, and intercom.
• Building 19 - Jouhara Al-Shurouq Residential building in District 2, Section B2 of Al-Shurouq City, Piece 19. Located opposite Third District villas and near French University. Features luxury entrances and facades with elevators.
• First District Buildings - El Obour City Luxury residential buildings complex in the 800m area of District 1 in El Obour City. Buildings numbered 1-9 in Blocks 11009 and 11010, located at District 1 square.
• Building 194 - Andalus Division, New Cairo Residential building in Extension Sector of New Cairo, near distinguished compounds including Qatameya Downs, Qatameya Gardens, and Mountain View. Features luxury apartments and duplex villas with elevators, garages, central satellite, and intercom.
• Integrated General Contracting Services Full integrated contracting services in housing and urban development projects, executed on the company's own account and on behalf of third parties, covering projects from foundation to completion.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Al Ghanim International (شركة الغانم أنترناشيونال)coreStrategic or Co-development PartnerEl Obour Real Estate serves as real estate development consultant for Al Ghanim International's Marina Darin project in Jubail Industrial City, Saudi Arabia. The project consists of 5 parcels on 80,000 square meters of land, featuring hotel units, residential units, commercial shops, and a 90,000 square meter commercial mall.

Recent moves5 records

Expansion highlights5 records

Direct peers

• SODIC: Egyptian developer of premium residential and commercial projects in new Cairo and beyond; comparable in listed-developer profile and mixed-use product offering.
• Palm Hills Developments: Major Egyptian residential developer focused on integrated communities in new cities; comparable in core real estate development activity across Egyptian new urban areas.
• Tatweer Misr: Egyptian developer of integrated residential compounds across new cities; comparable in new-city master-planned residential product strategy.
• Amer Group: Egyptian real estate developer with diversified residential and commercial portfolio in Cairo and coastal markets; comparable in project type and target buyer.
• Mountain View (DMG): Egyptian developer of residential compounds in new Cairo and North Coast; comparable in target customer segment and new-city residential product.
• Emaar Misr: Egyptian subsidiary of Emaar Properties developing large master-planned communities; comparable as a new-city residential developer in Egypt.
• Madinet Nasr Housing & Development: Egyptian real estate developer listed on EGX with strong Nasr City and surrounding new-city exposure; directly comparable in geographic focus and mid-rise residential/commercial product mix.
• Hyde Park Developments: Egyptian developer of residential compounds in new Cairo; comparable in mid-to-upper residential product within Egyptian new cities.
• Ora Developers: Egyptian developer of residential projects in Cairo and Mediterranean coast; comparable in target customer and new-city residential focus.
• Hassan Allam Properties: Egyptian real estate developer combining construction and development activities; comparable in integrated contracting plus development capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/elobouregy

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about El Obour Real Estate