Murtaqa Development is an Egyptian real estate developer currently announcing a villa-led residential community in New Sheraton on the Cairo-Ismailia Desert Road near Misr International University (MIU). The company’s published direction centers on low-density living, privacy, open space and accessible connections to East Cairo and Obour.
According to Murtaqa’s official website, Ahmed Amin Masoud leads the company, while its announced project is planned as a standalone-villa community across 210 feddans. The official site does not publish a confirmed company founding year or a delivered-unit total; accordingly, neither figure is assigned in this developer profile.
About Murtaqa Development
Murtaqa presents itself as a developer combining planning quality, execution strength and strategic location selection to create residential and investment value. Its current public profile is centered on its new New Sheraton residential project, planned exclusively for standalone villas with low built-up density and a mix of social, sporting and commercial services.
The official website identifies Ahmed Amin Masoud at the head of the management structure and names Eng. Omar Aqeel as the architect responsible for the project design. The announced planning approach focuses on modern architecture, practical residential use and a high level of privacy between homes.
Verification note: Murtaqa’s official website does not state a specific corporate establishment date. Since no official record establishing such a year was identified during research, the founded-year field has deliberately been left blank.
Murtaqa Development Projects
The only project currently identified with Murtaqa across its official website and reviewed Egyptian property-market pages is its New Sheraton villa community, also marketed by property portals as Murtaqa Obour or Murtaqa Obour City. This profile therefore records the publicly announced project without assuming an additional undisclosed portfolio.
Murtaqa New Sheraton / Murtaqa Obour
The project is located directly on the Cairo-Ismailia Desert Road in New Sheraton, near Misr International University. Murtaqa’s official information describes access to Cairo International Airport, Heliopolis, Obour City and New Cairo, positioning the development within the wider East Cairo movement network.
Murtaqa states that the development extends over 210 feddans with a built-up percentage not exceeding 16%. It is planned entirely around standalone villas, with five villas per feddan. Announced building sizes range from 200 sqm to 450 sqm, with units formed of ground floor, first floor and roof, and delivery described as Core & Shell.
The publicly stated master plan includes seven development phases, two clubhouses and a sports club of approximately 13 feddans, together with commercial and service areas. The company also describes landscaped and water-feature elements intended to support privacy and open-space living.
Murtaqa Development in Numbers
| Official English brand usage | Murtaqa Development |
| Currently announced project | Murtaqa New Sheraton / Murtaqa Obour villa community |
| Location | Cairo-Ismailia Desert Road near Misr International University (MIU) |
| Announced project area | 210 feddans |
| Announced built-up ratio | Not exceeding 16% |
| Unit type | Standalone villas only |
| Announced building sizes | 200 sqm to 450 sqm |
| Company founded year | Not officially stated in the available material |
| Delivered units | No verified official total is available. |
The official project material refers to approximately 1,000 planned villas, but this figure represents the planned community inventory rather than completed handovers. It is therefore not used as a delivered-units number for Murtaqa.
Murtaqa’s Vision and Development Focus
Murtaqa’s published vision is based on creating integrated communities beyond the concept of a single home, with emphasis on privacy, location selection, smart planning and the balance between built density and open areas. The villa-only product, low announced built-up ratio and inclusion of sports, social and commercial components reflect that positioning.
- Low-density villa communities: standalone homes supported by significant open-space planning.
- East Cairo development: a Cairo-Ismailia Road location linked to New Sheraton and Obour.
- Architectural planning: project design publicly attributed to Eng. Omar Aqeel.
- Community amenities: clubhouses, sports facilities, commercial spaces and service areas within the master plan.
Recent Murtaqa Development Updates
As shown on the official website in May 2026, Murtaqa is preparing to launch its New Sheraton residential project and publishes key information about location, building areas and reservation arrangements. Egyptian property platforms also list the project under the Murtaqa Obour City name and cite an expected 2028 handover; any handover timing remains dependent on construction progress and should be reviewed at the point of purchase.
No verified official announcements of previously completed Murtaqa projects or delivered-unit totals were identified during this research. This page therefore remains focused on the company’s announced project and direct published facts, and can be updated as execution or handover disclosures become available.
FAQs About Murtaqa Development
What is the English name of شركة مرتقى للتطوير العقاري?
The company uses Murtaqa Development on its official website.
What is Murtaqa Development’s key project?
Its currently announced project is a standalone-villa community in New Sheraton on the Cairo-Ismailia Desert Road, also marketed as Murtaqa Obour.
Where is the Murtaqa project located?
The development is located on the Cairo-Ismailia Desert Road near Misr International University, within the New Sheraton area close to Obour and East Cairo.
When was Murtaqa Development founded?
The official material currently available does not state a specific founding year, so no unverified date has been recorded.
How many units has Murtaqa delivered?
No verified delivered-unit total has been published; the announced villa number concerns the planned project inventory rather than completed deliveries.