With LE14 billion investments ALQAMZI developments launches SeaZen in North Coast over a surface area of 204 acres
Cairo on 27th of June 2022:
ALQAMZI developments announced the launch of its new project, SeaZen, located at the kilometer 170 in Al Dabaa road, with a total surface area of 204 acres and the investments of 14 billion EGP. It is planned to start the building process of the project next October and the first phase to be completed in 2025.
SeaZen offers 2000 various residential units including chalets and villas with different surface areas, including 2, 3, and 4 rooms. All units are fully furnished and equipped with kitchens and air-conditions.
Mr. AbdAllah Al Qamzi, Chairman of ALQAMZI Emirati Group, “We achieved several accomplishments in the Egyptian market through our projects since we started our operations in Egypt 12 years ago. Our projects combined luxury and splendor to fulfill all the needs of our clients and exceed their expectations with a living standard they have always dreamed to have.
Mr. AbdAllah Al Qamzi added, “We are keen to have a strong presence in the Egyptian market through the injection of more investments in mega projects. This aligns with our expansion strategy in the coming period.”
Regarding the new project, Mr. Yasser Zidan, Executive Chairman of ALQAMZI Developments, revealed that the company completed the allocation of the land where SeaZen would be located. The project will have a surface area of 204 acres in the North Coast near Al Dabaa City, with a beach that is 690 meters overlooking the Mediterranean Sea. Mr. Zidan stated that all approvals regarding the project have been granted.
Mr. Yasser Zidan noted, “Today, we write a new chapter in our success story with the launch of SeaZen, which will be a fully integrated residential community to offer distinctive experiences to our clients. We plan to change the culture of accommodation in the North Coast which was limited to two months only every year. This means clients would leave their residential units for long periods of time. Thus, we aim to provide services that guarantee clients would stay in the project for periods that reach 5 months in this exceptional urban hub. We were keen to offer various activities that suit all family members of all ages.”
SeaZen is scheduled to be implemented in two phases, lasting about 4 years. The project will provide more than 4,000 direct and indirect working opportunities.
Zidan noted, “Aiming to achieve the highest levels of excellence and exclusivity, we cooperated with the most renowned engineering consultancies in Egypt and the Middle East. We contracted DMA, which has several successful projects and rich experiences in the North Coast, to carry out the construction works and engineering designs of the project.”
The Executive Chairman of ALQAMZI pointed out that investments opportunities in Egypt are promising, especially after the growth achieved by the real estate sector during the last years. He asserted that the Egyptian economy is able to achieve more growth and attract more serious investments.
From his side, Eng. Mohamed Diab, Chairman of Inversion Consultancy, highlighted the advantages of SeaZen which blends amazing nature, relaxation, fun, and excitement in one place. Diab said, “SeaZen is featured with its distinctive location, less than 3 hours away from Cairo, 5 minutes from Al Dabaa, 10 minutes from Al Alanine Airport, 20 minutes from Sidi Abdel Rahman, and 35 minutes from Al Alamein. The naturally graded land of the project encouraged us to present innovative designs and services that highlight the beauty of the area. SeaZen has a beach that extends for 690 meters with a length of 200 meters. Greenery represents more than 87% of the total surface area of the project. Various residential units including chalets and villas were designed on different levels, from zero to 45 meters above sea level. This enables 90% of the units to have amazing sea views. Since relaxation is among the major objectives of the project, SeaZen hosts 3 clubhouses that suit the requirements of individuals of various ages. This is in addition to three warm water swimming pools, gym, and a wave pool, with wave height up to 3 meters, which is the first of its kind in the North Coast which would be inaugurated in the summer of 2024.
ALQAMZI Developments was established in 2010. The company combines the expertise of two companies; the experience of the Emirati side in transportation, contracting, and infrastructure. This is in addition to the demonstrated efficiency of the Egyptian side in contracting, which enriches all the activities of the company in various fields.