Emaar Misr for Development is one of Egypt’s leading real estate developers and a public company listed on the Egyptian Exchange under the symbol EMFD. The company was established on 16 March 2005 and operates as part of the global Emaar Properties group. Its portfolio includes Marassi, Uptown Cairo, Mivida, Cairo Gate, Belle Vie, Soul, Mivida Gardens, and Marassi Red Sea.
Published information about the company’s partnerships states that Emaar Misr has strengthened its presence in Egypt through integrated residential, commercial, and tourism-led communities, delivering more than 12,900 residential units and 9 hotels and resorts. The company’s developments span the North Coast, East Cairo, West Cairo, central Cairo, and the Red Sea, with a focus on design quality, lifestyle, hospitality, and community management.
History and Foundation of Emaar Misr
Emaar Misr for Development was founded in 2005 as a real estate development company connected to Emaar Properties PJSC, the UAE-based global developer. It became listed on the Egyptian Exchange in 2015, marking its shift into a public company in Egypt while retaining the strength and development expertise of the global Emaar brand.
The company built its Egyptian presence through major projects such as Uptown Cairo, Marassi, and Mivida. In its 2015 IPO documentation, Emaar Misr was described as a developer of premium master-planned lifestyle communities in Egypt, with a land bank of 15.4 million square meters across strategic locations in East, West, and Central Cairo as well as Egypt’s Mediterranean coast.
Key milestones include:
- 2005: Emaar Misr for Development was established in Egypt.
- 2015: The company was listed on the Egyptian Exchange under the symbol EMFD.
- 2015: Its core portfolio included Uptown Cairo, Marassi, and Mivida, with Cairo Gate in planning.
- 2024: Emaar Misr signed a strategic partnership with MIDAR to launch Mivida Gardens in East Cairo.
- 2025: The company reported revenues of EGP 19.8 billion, according to published financial results.
Key Projects by Emaar Misr
Emaar Misr’s portfolio includes residential, hospitality, coastal, commercial, and mixed-use destinations. Its official communities page currently presents destinations across the Red Sea, the North Coast, East Cairo, West Cairo, and central Cairo.
Major Residential and Coastal Communities
- Marassi North Coast — Sidi Abdel Rahman: A major integrated coastal destination with homes, hotels, leisure facilities, and hospitality components.
- Uptown Cairo — central Cairo: A master-planned community on an elevated site in Cairo, combining residential, commercial, and leisure components.
- Mivida — New Cairo: An East Cairo residential community with green spaces, everyday services, and commercial facilities.
- Cairo Gate — Sheikh Zayed: A West Cairo community located along the Cairo-Alexandria Desert Road.
- Belle Vie — New Zayed: A residential community reflecting Emaar Misr’s expansion into New Zayed.
- Soul — North Coast: A luxury coastal project on the Mediterranean coast.
- Mivida Gardens — East Cairo: A residential community developed through a strategic partnership with MIDAR in Mada City.
- Marassi Red Sea — Red Sea: A newer coastal expansion beyond the North Coast.
Emaar Misr in Numbers
Emaar Misr’s public data combines historical IPO figures, project-level information, and more recent financial results. Together, they show the scale of the company’s position in the Egyptian real estate market.
| Founded | 2005 |
| Official establishment date | 16 March 2005 |
| Stock exchange listing | Egyptian Exchange – EMFD since 2015 |
| Parent company | Emaar Properties PJSC |
| Delivered residential units | More than 12,900 units |
| Hotels and resorts | 9 hotels and resorts |
| Land bank disclosed at IPO | 15.4 million square meters |
| 2025 revenues | EGP 19.8 billion |
| Main operating areas | North Coast, New Cairo, Sheikh Zayed, central Cairo, Red Sea |
Mubasher reported that Emaar Misr generated EGP 19.8 billion in revenues in 2025, up from EGP 19 billion in 2024, while consolidated net profit after tax reached EGP 5.54 billion in 2025.
Vision and Areas of Specialization
Emaar Misr’s strategy focuses on developing carefully planned communities that combine homes, hospitality, leisure, commercial spaces, and long-term community management. Rather than delivering housing units alone, the company builds destinations supported by hotels, green spaces, retail, entertainment, and daily services.
- Integrated residential communities: Mivida, Uptown Cairo, Cairo Gate, Belle Vie, and Mivida Gardens.
- Coastal and tourism destinations: Marassi North Coast, Soul, and Marassi Red Sea.
- Mixed-use development: Communities that combine residential, commercial, hospitality, and leisure components.
- Hospitality and community management: Leveraging Emaar’s global experience in destination development and ongoing operations.
Recent Developments
In recent years, Emaar Misr continued expanding its Egyptian portfolio. In 2024, the company signed a strategic partnership with MIDAR to launch Mivida Gardens in Mada City, East Cairo, reinforcing Emaar’s presence in the New Cairo growth corridor.
The company’s official website currently lists a broader group of communities, including Marassi Red Sea, Mivida Gardens, Soul, Belle Vie, Marassi North Coast, Cairo Gate, Uptown Cairo, and Mivida. In 2025, the company also continued to report strong revenues, with EGP 19.8 billion in annual revenues according to results published in February 2026.
Frequently Asked Questions About Emaar Misr
When was Emaar Misr for Development founded?
Emaar Misr for Development was established on 16 March 2005 and has been listed on the Egyptian Exchange since 2015.
What are Emaar Misr’s main projects?
Key projects include Marassi North Coast, Uptown Cairo, Mivida, Cairo Gate, Belle Vie, Soul, and Mivida Gardens.
How many units has Emaar Misr delivered?
Published company information indicates that Emaar Misr has delivered more than 12,900 residential units, in addition to 9 hotels and resorts.
Is Emaar Misr listed on the Egyptian Exchange?
Yes. Emaar Misr for Development is listed on the Egyptian Exchange under the symbol EMFD.
Who owns Emaar Misr?
Emaar Misr is part of Emaar Properties PJSC, the UAE-based global real estate development group.