Al Marasem Developments is a well-known Egyptian real estate developer built on the wider Al Marasem International Group platform, whose business in Egypt dates back to 1997. The company entered the real estate development sector in 2017 with Fifth Square in New Cairo. The group’s head office is in Mivida Compound, New Cairo, while the development arm lists sales points in New Cairo and Arkan Plaza.
Al Marasem focuses on integrated mixed-use communities that combine residential, retail, administrative, hospitality, leisure and service components. Its best-known projects include Fifth Square in New Cairo, Mar Ville in New Zayed and Mar Bay in Ras El Hekma, alongside Fifth Square components such as Moon Residences, Villa Square, Lake Residence and Fifth Square Mall.
Al Marasem Developments History
Al Marasem International For Development was established in Egypt in 1997 as an Egyptian joint-stock construction company. The company states that it is classified by the Egyptian Federation for Construction and Building Contractors as a first-class general contractor. This construction and engineering background became the base for its later move into real estate development.
In 2017, Al Marasem entered the real estate market through Fifth Square in New Cairo. The project combines residential, commercial, hospitality and service components. The company later expanded westward with Mar Ville in New Zayed and northward with Mar Bay in Ras El Hekma on the North Coast.
Al Marasem also refers to several subsidiaries covering manufacturing, building-materials trading, marketing, asset management, hospitality and specialized contracting. This structure supports a vertically integrated model, allowing the group to handle construction, operation and project management across different development stages.
Key Projects by Al Marasem Developments
Al Marasem’s real estate portfolio is built around three main geographies: New Cairo, West Cairo and the North Coast. The company’s positioning combines construction experience with mixed-use development planning.
New Cairo Projects
- Fifth Square — an integrated development on North 90 Street in New Cairo’s Golden Square, including apartments, villas, retail and service facilities.
- Moon Residences — a residential phase inside Fifth Square with fully finished homes and varied unit sizes.
- Villa Square — a villa zone within Fifth Square, including standalone villas, twin houses and townhouses.
- Lake Residence — serviced hotel apartments inside Fifth Square managed by Rotana, with 581 hotel apartments according to the official project page.
- Fifth Square Mall — a retail destination inside the project with a stated gross leasable area of 72,000 sqm.
West Cairo and North Coast Projects
- Mar Ville — a New Zayed residential project close to Sphinx Airport, Smart Village and major West Cairo roads.
- Mar Bay — a coastal development in Ras El Hekma at km 191 on the Alexandria-Matrouh Road, with a stated area of 640 feddans and a beachfront/lagoon-focused master plan.
Al Marasem Developments in Numbers
Public material provides useful figures for Fifth Square, expansion plans and project financing, but there is no verified public total for all units delivered across the company’s full real estate portfolio. For that reason, DeedGate keeps the delivered-units field blank for this developer profile.
| Group business started in Egypt | 1997 |
| Real estate development entry | 2017 |
| Group head office | Bld# 4/A1, Parcel 33, Mivida Compound, New Cairo |
| Key projects | Fifth Square, Mar Ville, Mar Bay, Lake Residence, Fifth Square Mall |
| Fifth Square area | 158 feddans, according to Arab Finance |
| Delivered units | No verified company-wide total is available; 2025 data refers to more than 2,428 residential units delivered within Fifth Square |
| Fifth Square financing | EGP 8.9 billion in joint Islamic financing led by Banque Misr, reported by Arab Finance in December 2025 |
Vision and Development Focus
Al Marasem’s development strategy centers on integrated communities that bring together residential, retail, hospitality, leisure and service uses. This appears clearly in Fifth Square, where apartments and villas are supported by a mall, serviced hotel apartments, clubhouses and shared facilities.
The company’s geographic expansion is also deliberate: East Cairo through Fifth Square, West Cairo through Mar Ville and the North Coast through Mar Bay. This portfolio enables Al Marasem to serve different demand segments, from primary homes in New Cairo and New Zayed to coastal ownership and hospitality-led investment in Ras El Hekma.
Latest Al Marasem Developments Updates
In 2025, Al Marasem announced an expansion plan that included EGP 8 billion in planned investments and the evaluation of two prime land plots: 250 feddans in East Cairo and 300 feddans in West Cairo. The company also reported around EGP 39.5 billion in 2024 sales from its projects in New Cairo, Sheikh Zayed and Ras El Hekma.
In December 2025, a Banque Misr-led banking consortium provided joint Islamic financing that brought total Fifth Square financing to EGP 8.9 billion. The project plan also includes the opening and operation of its shopping mall during 2026 and 2027, along with hotel units managed by Rotana.
Frequently Asked Questions About Al Marasem Developments
When was Al Marasem Developments founded?
The Al Marasem group’s business in Egypt began in 1997, while the real estate development arm entered the market in 2017 through Fifth Square.
What are Al Marasem’s main projects?
Its main projects include Fifth Square in New Cairo, Mar Ville in New Zayed, Mar Bay in Ras El Hekma, plus Lake Residence, Fifth Square Mall and Moon Residences within Fifth Square.
Where is Al Marasem headquartered?
Al Marasem International lists its head office at Mivida Compound in New Cairo. The development arm also lists sales centers in New Cairo and Arkan Plaza.
How many units has Al Marasem delivered?
No verified company-wide delivered-unit total is publicly available. A 2025 report refers to more than 2,428 residential units delivered in Fifth Square, but this is project-specific rather than a total for the whole company.
Is Al Marasem listed on the stock exchange?
Al Marasem does not appear as a listed real estate company on the Egyptian Exchange; public material treat it as a private development group.