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Tatweer Egypt launches the "D-Bay" project in the North Coast with investments of 7 billion pounds



Tatweer Misr contracted with “Kayan Real Estate Development Company” to develop and develop a new project under the name “DeBay” in the Dabaa area of ​​the North Coast, in line with the state’s general strategy and vision for the development and reconstruction of the North Coast region.

 

The decision to develop Egypt by contracting for the development of the new project, which bears the name "DeBay", comes after the company's success in making its mark in the North Coast through its Fouka Bay project, which witnessed during the past year the beginning of life in it for 70 families who enjoyed spending a distinguished summer in their units in the Fouka Bay project. .

 

Through the project, Tatweer Misr aims to develop 200 acres within 6 years, adding to the company's land portfolio approximately 845 thousand square meters, which will be developed in a manner befitting the name of the development of Egypt, which depends on creativity and innovation in all its projects, in addition to achieving all the concepts of sustainability. In all aspects of the project, to confirm the company's commitment to its customers in creating local experiences of international quality.

 

The new "D-Bay" project overlooks a distinctive marine destination with a sandy beach extending for nearly 800 meters, thus achieving a unique view of the Mediterranean, for the project, which is located at the 165 kilometer of Alexandria - Matrouh Road in the Dabaa area, specifically in front of the exit of the Dabaa axis, thus achieving the project A competitive advantage being close to new hubs and roads in the North Coast region.

 

The new project for the development of Egypt is planned to contain more than 1,800 units of various types of villas, chalets and hotel units that meet the needs of many customers looking for quality and distinction in light of the presence of many projects running along the northern coast. In addition to a set of service and entertainment activities that the development of Egypt will provide in the new project, making life within the new project full of characteristics.

 

During the press conference, the company announced the launch of its new project, unveiling the new logo of the company, which symbolizes the transition of Tatweer Egypt from the stage of its inception to a new, more mature and stable stage after it was able to establish itself as a major player in the Egyptian real estate market.

 

Dr. Ahmed Shalaby, CEO and Managing Director of Tatweer Misr, said that the launch of the "dBay" project is a new step towards the company's direction to achieve its basic vision of creating sustainable, smart and happy societies and supplying the local real estate market with a different real estate model of high quality value. Shalaby added that the new project will take into account what the government is currently undertaking in terms of developing the North Coast region in order to appear in a coherent, developmental and integrated manner in line with Egypt's Vision 2052, in a manner that guarantees changing the demographic characteristics of the entire northern coast, and transforming it from a mere resort that citizens will accept for 3 months, and abandon it the rest of the year, A permanent place to live all year round.

 

The CEO of Tatweer Misr stated that we aspire to the new project, "DeeBay", to become an extension of the success of the Fouka Bay project, which witnessed the beginning of life in it last summer, and the project owners were able to testify and enjoy a different and unique summer season, saying, "Throughout the years of the development of Egypt, We were able to prove ourselves in the market and establish pioneering projects, and this was not achieved thanks to personal or individual efforts, but through the experience and effort of an integrated team and a wide network of partners that helped us achieve this success. Thus, we will continue to do the same to support the country by contributing. In implementing its development plans for the advancement of the Egyptian economy as a whole.

 

It is noteworthy that the Misr Real Estate Development Company has three other projects based on creativity, innovation and the creation of a new model in the Egyptian real estate market. The projects are: The Monte Galala is located on the Galala Mountains on an area of ​​about 545 acres, Fouka Bay in the northern coast in Ras El-Hikma, located on 220 acres, and Bloomfields in the future of City next to the New Administrative Capital. This project is a mixed-use residential project and is built on an area of ​​415 acres and includes 90 acres allocated To set up an educational zone.

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