Owagik Development

Owagik Development

Owagik Development شركة أواجيك للتطوير العقاري embarked on its journey in the real estate market in 2001, specializing in engineering management, contracting, and general construction. As a subsidiary of Global Real Estate, it stands as one of the largest contracting companies in Egypt, Dubai, and Turkey, embracing innovation and creativity, and seeking added value for its clients.

Owagik Developments has successfully executed numerous residential, administrative, commercial, and medical projects in many upscale areas. It has collaborated with Ministry of Housing to plan and implement various government projects across Egypt’s provinces, under the guidance of Engineer Emad Qasim, Chairman of Global Contracting Company, positioning it as one of the premier real estate companies in Egypt.

Owagik Development Projects

Owagik Tower New Capital

Owagik Tower Mall New Capital is a signature project of Owagik Development, with investments reaching 1.7 bn EGP. Located in the well-known and vibrant downtown area, the mall offers commercial, administrative, medical, and hotel units. Owagik Mall features a unique view over a central park, adding a distinctive charm to its sophisticated surroundings.

Owagik Development projects’ design stand out with its aesthetic appeal. By engaging DCI PLUS for engineering designs, it was clearly reflected in the mall’s intricate details and layouts. It spans a total of 8,035 m², comprising 596 units, including 4 basements, a ground floor, and 14 upper floors, and features 3 main facades, offering a unique architectural richness.

Understanding the paramount importance of space for investors, Owagik Development offers unit sizes starting at 36 m², at appealing prices; price per meter of units is starting from 50,000 EGP, with an overall starting price of 2,700,000 EGP. Booking begins with 10% down payment, with remainder in installments over 9 years, ensuring the availability of all essential services and amenities.

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Other Projects by Owagik Development:

• Developing expansive lands adjacent to Corniche Al Maqattam and Al Hadaba Al Ulya in Egypt.
• Constructing 144 buildings in New Al Obour City.
• Erecting a series of buildings in 10th of Ramadan City.
• Establishing 56 buildings in Hadayek October.
• Creating over 89 buildings in Dar Misr in 6th of October City.
• Building 22 residences in Sakin Misr in New Al Obour City.
• Developing police stations and security directorates in cooperation with Ministry of Interior.
• Constructing numerous towers in Al Ma’raj and Al Hadaba Al Wosta regions.
• Constructing more than 38 buildings in Qena Governorate.
• Erecting 230 residential buildings in New Assiut.

Partners of Owagik Development

Throughout the years, Owagik Developments has cultivated rich partnerships, adding a distinctive flair to its endeavors. Teaming up with DCI PLUS for architectural brilliance and entrusting construction aspects, while joining forces with Tshawor Medical Company for medical unit management, their collaborations have seamlessly blended innovation with function, elevating the signature uniqueness of their ventures.