Established in 1976, Orascom Development Holding (ODH) شركة أوراسكوم للتطوير العقاري stands as a prominent group of diverse Egyptian entities and is recognized as one of the most substantial companies in the Arab world. Orascom projects, presenting residential units, hotels, and leisure amenities such as golf courses and yacht marinas, are in continuous growth and improvement.
Additionally, Orascom Development participates in the implementation of essential infrastructure for various projects encompassing hospitals, schools, and other public amenities. Currently, it owns a land portfolio spanning 50.25 MN m2 and operates 24 hotels, totaling 4,945 rooms located in four tourist cities: El Gouna, Hurghada, the Red Sea, and Taba.
Units for sale in Orascom projects are characterized by luxury and sophistication, conforming to the latest international designs and meeting the aspiration of clients seeking to buy or invest in units. Moreover, Orascom Development is listed on the Egyptian stock exchange, as it possesses 75% of the shares.
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Makadi Heights Hurghada Resort is one of Orascom Development’s projects in the Red Sea. It introduces a novel and unique concept of modern living within Egypt, situated in Makadi Bay, one of the most beautiful locations in the Red Sea. ODH project is elevated 78 m above sea level and extends over a total area of around 850 acres.
Despite the large area of Makadi Heights Resort, only 85% is utilized, with the remainder allocated to green spaces, landscaping and lagoons. Orascom Development offers various types of units for sale including apartments, chalets, and villas, constructed in multiple phases. These units enjoy stunning views and are suitable for residency due to the moderate climate of Hurghada.
Moreover, Orascom Development presents diverse spaces of units to cater to all preferences. Apartment spaces in Makadi Heights start at 77 m2, while villas for sale start from 133 m2. Orascom Development has ensured that the price per meter of units is highly reasonable, and thus total prices are suitable for everyone. Prices in Makadi Heights start from 5,060,000 EGP.
Orascom Development also offers facilitating booking systems, with a down payment starting at 10%, and the remainder can be paid in installments over 7 years. Units for sale in Makadi Heights Resort are scheduled to be delivered in 2025, fully finished. All services and facilities will be included for residence and investment seekers.
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O West October Compound is among the esteemed projects of Orascom Development, located in the heart of 6 October City, enjoying a prestigious location and spanning across 1000 acres. It is built 30 m above its surrounding areas, imparting it with a moderate climate throughout the year, ensuring residents experience comfort and tranquility.
O West Compound offers 900 residential units, including standard apartments, duplexes, penthouses, standalone villas, townhouses, and twin houses. The spaces of apartments for sale in Orascom Development Holding project start from 124 m2, townhouses start from 170 m2, standalone villas start at 246 m2, and twin houses in O West October start from 250 m2.
Orascom Development has provided units within O West Compound at competitive and reasonable prices. The prices of apartment start from 12,600,000 EGP, and clients can book units for sale in ODH project with a 5% down payment and pay the remaining balance in installments over 9 years. O West Compound is endowed with all the services and facilities needed.
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The successful partnerships that Orascom Development has fostered over 30 years have enabled it to become one of the largest real estate entities in the Arab world. It meticulously selects its partners, whether in the field of consultancy and architectural design or at the management level, reflecting its commitment to high standards and international best practices in Orascom projects.