- Margins Development, led by Mohamed El Aasar, launched a 304 million Sheraton Hotel residential resort in Mostakbal City, Cairo.
- The resort features 190 luxury units, 81 green spaces, top-tier amenities, and a Marriott Bonvoy partnership offering Gold Elite status.
- Margins plans to invest 50.7 million by 2025, with the ZIA project set to reshape Egypts real estate landscape.
Margins Development, a property developer led by Egyptian tycoon Mohamed El Aasar, has launched a 304 million Sheraton Hotel residential resort in Mostakbal City, Cairo.
The 35-feddan project marks the developers entry into luxury residential and hospitality. It combines high-end living with hotel-style services to meet the growing demand for premium developments in Cairo.
El Aasar, chairman of Margins Development, described the project as a key milestone in moving into upscale market segments.
Exclusive resort focuses on green spacesThe resort offers 190 luxury units focused on privacy and sophistication, with 81 green spaces, top-tier dining, entertainment, retail, and hotel-style pools. An exclusive Marriott Bonvoy partnership gives property owners two years of Gold Elite status.
El Aasar noted that the company, launched in 2021 with EGP1.5 billion 30.4 million in investments, is near Cairos major hubs. The project is Egypts first business complex with WELL certification from the International WELL Building Institute.
