MHD Developments launches 7,700-sqm ARRIVA mall in New Obour City

MHD Developments introduces ARRIVA project in New Obour City in partnership with leading industry partners

Meamar El Hussein (MHD Developments) has announced the launch of its new project, ARRIVA, in New Obour City, covering a total area of 7,700 sqm. The launch marks a new step in the company’s expansion strategy in Egypt’s real estate market, as it seeks to develop mixed-use projects that meet the needs of customers and investors while keeping pace with urban and population growth in new cities.

Eng. Ahmed Hussein, Chairman of MHD Developments, said that the launch of ARRIVA is part of the company’s strategy to expand its project portfolio and strengthen its presence in the commercial and entertainment sectors.

He added that the company focuses on developing projects in promising locations and offering value-added real estate products. ARRIVA represents a new addition to the real estate market in New Obour City, particularly as it introduces a commercial and entertainment mall concept that offers visitors an integrated experience.

Hussein explained that the company selected New Obour City for the project in light of its promising growth opportunities, driven by rapid urban expansion and rising population density. He noted that the city needs more commercial and entertainment developments that offer a variety of services to residents and support economic activity in the area.

He further pointed out that ARRIVA stands out for its size, location and the nature of its planned activities, as the company aims to position it as an integrated commercial and entertainment destination that combines retail with entertainment services. This is expected to enhance the project’s appeal to customers, business operators and investors, while giving it a competitive edge within the city.

Hussein elaborated that the company has partnered with a group of specialised entities and consultants across various aspects of the project to ensure it is developed according to an integrated vision that combines high-quality design and planning with technical, commercial and marketing consultancy.

The project’s strategic partners include Egymap, which will oversee management and operations; Criterias Design Group (CDG), founded and led by CEO Eng. Hesham Helal, which will provide consultancy and design services; Scale Up Consultancy, which will be responsible for commercial and marketing activities; and Puzzle Development, which will provide restructuring and advisory services.

These partnerships aim to leverage specialised expertise in real estate development across all phases of the project, from planning and design to identifying suitable commercial activities and developing marketing and operational strategies, to ensure the optimal utilisation of the project and maximise its investment value, Hussein added.

Regarding sales plans, the Chairman noted that MHD Developments has introduced a range of flexible payment plans to suit different segments of customers and investors. Down payments for reservations and contracts start at 5%, with instalment periods of up to nine years, giving customers greater flexibility in making investment decisions and capitalising on the opportunities offered by the project.

Eng. Ahmed Hussein also outlined MHD Developments’ track record, highlighting the company’s extensive hands-on experience in the real estate market, which has resulted in the execution and delivery of more than 87 projects in Downtown Cairo. The company has also expanded its operations into several promising urban areas, including New Cairo, Obour City and New Obour City.

He explained that the diversity of the company’s completed projects reflects its ability to address the needs of different customer segments and adapt to the characteristics of the markets and areas in which it operates, while focusing on delivering projects that create genuine value for customers and strengthen their confidence in the company.

Hussein also revealed the company’s expansion plans for the next five years, which include launching eight to 10 new projects across the commercial and residential sectors. The plan reflects the company’s strategy to diversify its investment portfolio and strengthen its presence across several cities and urban areas.

He concluded that the expansion strategy is based on assessing available investment opportunities and selecting locations with genuine growth potential, while prioritising projects that address actual market demand and strike a balance between investment viability and real estate product quality.