Marsoum Developments Real Estate Company is an Egyptian real estate developer that officially announced its market launch in May 2026. The company entered the Egyptian real estate sector with a declared investment plan exceeding EGP 20 billion and unveiled its first project, Smouha Gate, in Alexandria’s Smouha district.
Marsoum Developments was established as a partnership between Ayman Embaby, founder and board director with long experience in real estate development and contracting, and Eng. Sayed Saber, co-founder and executive board member and founder of Telal Developments. The company presents its identity through the slogan Shaping Life – نرسم حياة, with a focus on mixed-use developments that bring residential, service, business, and investment components into integrated urban destinations.
History of Marsoum Developments
Marsoum Developments appeared as a new real estate entity in 2026, built around a partnership that combines administrative, engineering, and development expertise. The official website describes Marsoum as the result of years of experience in real estate planning and development, while May 2026 business coverage states that the company brings together the experience of Ayman Embaby and Sayed Saber to create a planning-led developer with a long-term vision.
Ayman Embaby has more than 20 years of experience in real estate development and investment, with previous work associated with Amgad Embaby Developments and projects across multiple locations. Eng. Sayed Saber has over 10 years of experience in residential, commercial, and service developments, particularly through Telal Urban Development in Borg El Arab and Alexandria. This makes Marsoum a new brand supported by a practical founder track record.
Key Projects by Marsoum Developments
As of June 2026, Smouha Gate is the first publicly announced project by Marsoum Developments in the Egyptian real estate market. The project is located in Smouha, Alexandria, and spans more than 30,000 square meters. It is planned as a mixed-use destination with residential, commercial, administrative, medical, hospitality, and entertainment components.
- Smouha Gate Alexandria – A mixed-use project in Smouha, Alexandria, designed to combine homes, retail, offices, clinics, hospitality, and leisure services in one destination.
- Future expansion projects – The company has stated that Smouha Gate is the starting point for a wider expansion strategy in key Egyptian locations, but no additional project names have been officially disclosed yet.
- Founders’ prior track record – Sources refer to more than 20 previous projects through the founders’ experience, but these should not be counted as Marsoum-branded projects unless the company officially adds them to its own portfolio.
Marsoum Developments in Numbers
The figures currently available for Marsoum relate to its official launch, investment plan, and first announced project. No verified public total is available for delivered units.
| Official launch year | 2026 |
| Declared investment plan | More than EGP 20 billion |
| First announced project | Smouha Gate in Alexandria |
| First project area | More than 30,000 square meters |
| Head office | Smouha Fawzi Moaaz Street, Alexandria |
| Hotline | 17702 |
| Delivered units | No verified public total is available for delivered units. |
Vision and Development Focus
Marsoum Developments focuses on creating urban communities that can be lived in, not only constructed. The official website says the company’s mission is guided by clear vision, carefully selected locations, and human-centered design, with a goal of building integrated environments aligned with real residential and investment needs.
The company’s development focus includes mixed-use destinations, residential communities, and service-led urban projects. These directions are reflected in Smouha Gate, which represents the company’s first step in the Egyptian market and its intended approach to projects that combine daily life, business, services, and long-term value.
Recent Updates
On May 11, 2026, Marsoum Developments officially announced the launch of its operations in Egypt’s real estate market with an investment plan exceeding EGP 20 billion. Later in May 2026, real estate and business media reported details of Smouha Gate in Alexandria as the company’s first project, with more than 30,000 square meters and residential, hospitality, commercial, administrative, medical, and entertainment uses.
Company statements also described Smouha Gate as the starting point for a gradual expansion plan in key Egyptian locations, supported by partnerships in design, construction, and project management.
FAQs About Marsoum Developments
When did Marsoum Developments launch?
Marsoum Developments officially announced its launch in Egypt’s real estate market in May 2026.
Who founded Marsoum Developments?
Marsoum Developments was established as a partnership between Ayman Embaby and Eng. Sayed Saber, building on their previous experience in real estate development and contracting.
What is the first project by Marsoum Developments?
The company’s first publicly announced project is Smouha Gate in Alexandria’s Smouha district.
How large is Smouha Gate?
Smouha Gate spans more than 30,000 square meters and includes residential, commercial, administrative, medical, hospitality, and entertainment components.
How many units has Marsoum Developments delivered?
No verified public total is available for delivered units under Marsoum Developments.