Frequently Asked Questions [ FAQ ]:
+ Who is AL Ahly Real Estate Development Co. ?
+ When was Al Ahly Real Estate Development Co. Founded?
+ What type of homes does your company sell?
+ Where are your projects?
+ Where are your showrooms located?
+ Can I use my property for commercial purpose?
+ What are the payment facilities?
+ Is there a mortgage banker available?
+ Can I deal with my personal bank?
Answers:
Who is AL Ahly Real Estate Development Co. ?
The company partners are The National Bank of Egypt, which is the largest bank in the Middle East and has been established since 1898. The bank has a share of 40% and the other 60% is by The Sabbour Family.
The Chairman of the company is Eng. Hussein Sabbour, who is known for establishing one of the first engineering consultancy firms in Egypt and turning it into a prominent real estate business that exists until today.
The projects range all over Egypt in all sectors of commercial, residential, office space and touristic. To dare to see things big and dream of an ever brighter future is what makes Al-Ahly Real Estate Development company a true giant.
When was Al Ahly Real Estate Development Co. Founded?
Al-Ahly Real Estate Development company was founded in 1994, a joint stock company according to the Egyptian law section 159 for year 1981. The total investment running is 20 billion Egyptian Pounds.
The company partners are The National Bank of Egypt, which is the largest bank in the Middle East and has been established since 1898. The bank has a share of 40% and the other 60% is by The Sabbour Family. Read More About us
What type of homes does your company sell?
Villas, Twin houses ,apartments and Chalets for the second home projects.
Where are your projects?
Our projects are located as follow: New Cairo, Cairo/Alex desert road – 6th of October, Ain Al Sokhna, North Coast, Marsa Allam, Abu Suma bay & Sharm El Sheikh.
Where are your showrooms located?
Our showroom is located at ARKADIA mall 8thf floor, Corniche El Nile, Downtown, Cairo, Egypt.
Can I use my property for commercial purpose?
No, you can not use your property for commercial purposes,. however, interested commercial buyers are welcomed to acquire commercial property in one of our commercial projects (as Le Reve retail , Royal Meadows retail, Arkadia & Seridar.
What are the payment facilities?
Our payment facilities are the following:
10% Reservation payment.
10% Contractual payment.
The rest is financed from 4:5 years depending on each project.
Is there a mortgage banker available?
Yes have a deal with CIB Bank and we are looking for expanding with other mortgage banks or other mortgage organizations.
Can I deal with my personal bank?
Yes, you can deal with pleasure.
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