Ouda Developments launches Canary compound in District 25 at New Obour city spanning 15 acres

Ouda Developments, – the real estate developer operating in Obour City for over 25 years- announced launching its new residential project, “Canary”, in District 25 of New Obour City, which is located on an area of 15 acres, the project features a low-density design, with construction limited to 25% of the total land area, and the remaining area is dedicated to gardens, water features, and amenities.

The project includes only 26 buildings, each with a ground floor and four upper floors, and no towers, units range from studios of 70 square meters to duplexes of 355 square meters, residential areas are separated from service areas, ensuring that commercial areas are not located directly beneath residential ones.

Units are delivered semi-finished, offering the option of full finishing upon request, and interior design modifications are also possible before construction begins.

Integrated services within the compound

Canary’s services are distributed across approximately 50,000 square meters of green areas and water features, in addition to a central plaza with a dancing fountain.

The project includes a two-story clubhouse spanning approximately 2,100 square meters, featuring swimming pools, a fully equipped gym, and a spa, and it also offers on-site medical clinics, co-working areas, a shopping mall for daily needs, and a mosque.

The project also offers separate running, walking, and cycling tracks, kids areas, a pet area, a barbecue area, a reading garden, covered parking, and electric vehicle charging stations in partnership with “Ikarus”, in addition to featuring accessible facilities for people with disabilities, a parcel pickup, storage service, and 24/7 high-speed internet.

The compound is secured by three smart gates, 24-hour security and surveillance cameras, and a smart application for community management and maintenance requests.

Eng. Omar Ouda, CEO of Ouda Development, said that the company aims to provide a low-density residential model with “Canary” project, emphasizing open areas and high-quality facility management.

He emphasized that his company owned over a thousand completed and occupied units in Obour City, and Canary is being built with the same approach, including 26 buildings on 15 acres.

He pointed that the company has entrusted the management of the facilities to its Saudi partner “Bravo”, which possesses experience in operating and managing facilities, besides the project is being implemented with self-financing, without bank loans or reliance on client installments to finance construction.

Strategic location

Canary project is located in District 25 at New Obour City, designated for premium housing, adjacent to Beit Al Watan area (District 24), where buildings are limited to a ground floor and four stories.

The project boasts a frontage on the Middle Ring Road and proximity to R2 axis, providing access to Madinaty, Fifth Settlement, Shorouk City, the New Administrative Capital, and the airport within 20 to 40 minutes away, according to the company.

The project also benefits from LRT “light rail network”, which serves the city via Obour station, on a line extending approximately 103 kilometers and including 19 stations.

New Obour City is one of the fourth-generation cities in the east of Cairo, as it was established by Presidential Decree No. 246 of 2016 on an area of ​​58,914 acres within Qalyubia Governorate, and the city’s layout separates residential, administrative, and commercial areas, and it is surrounded by existing universities, schools, and hospitals.

Payment and delivery

Payment plans start with a 15% down payment of the unit price, which can be divided into three installments over three months, the remaining unit price can be paid in installments over up to six years without bank interest.

The maintenance deposit is 7.5%, which can be included in the installments or paid upon delivery, units will be delivered within three years of the contract date, before the end of the payment period.

Ouda Developments boasts the largest projects portfolio in Obour City, having delivered over 200 acres within Golf City Obour project, which spans over 500 acres, this includes more than 130 buildings in the 6th and 7th districts of Obour City, serving over 1,000 clients. The total developed area is:

555,079.65 m²

Residential Area: 532,211.68 m²

Service Area: 22,867.97 m²

Buildings: 182,707.20 m²

Garages and Parking: 134,876.53 m²

Supplementary Services: 63,272.18 m²

Places and Plazas: 57,547.32 m²

Green areas: 23,507.18 m²

Roads: 19,592.34 m²

Based on these figures, Ouda Developments is considered one of the leading real estate developers in Obour and New Obour cities.

The company noted that the project’s land is officially allocated by the state within District 25 master plan.

Three companies are behind the project: Ouda.. Ebdaa..and Bravo.

Ouda Development operates within a network of three companies that combine development, design, execution, and facilities management.

Ouda Development was founded in 2019 in Obour City, the company is chaired by Eng. Khaled Ouda, who has over 25 years of experience in real estate development, while Eng. Omar Ouda serves as its executive manager.

The company and its founders have a portfolio of 1,065 completed and delivered units, covering a total area of ​​over 555,000 square meters, in approximately 130 buildings within Obour City, including Golf City compound, spanning approximately 200 acres, as well as Ezis Cairo, Solana, and Al Masa Tower, all of which are currently occupied.

The company implements its projects through self-financing without bank loans and has announced an investment plan exceeding EGP 50 billion in Obour City and New Obour City during the period from 2026 to 2029.

Ebdaa Developments

Ebdaa Developments: The sister company, founded by Eng. Khaled Ouda in 2001, has been operating in Obour City since its inception as the design and construction arm, enabling the execution of design and construction work within a unified framework. The founders of Ebdaa are also the founders of Ouda, and their previous work in Obour forms the foundation upon which the new company was built.

Bravo Contracting & Maintenance

A Saudi company based in Riyadh, established in 1991, it is a co-owner and founding partner of Ouda Development. Its chairman, Eng. Saad Al-Maliki, is also a founding partner of Ouda.

Bravo employs approximately 2,300 person and has executed 19 government contracts worth over SAR 1.76 billion in the last five years for various ministries and government entities, including the Ministries of Defense, Interior, Justice, and Sports, as well as the National Guard.

The company is also an approved contractor for the Saudi Electricity Company, the National Water Company, and NEOM, and holds ISO 9001, ISO 14001, and ISO 45001 certifications.

In Canary project, Bravo is responsible for managing and maintaining the facilities after handover, according to contracts that define service levels and preventative maintenance schedules.

The company also participates in quality control during construction, reflecting the nature of the Saudi-Egyptian partnership in the project.