Owagik Developments

Owagik Development Real Estate Company

Owagik Development was established in 2001, beginning its journey in engineering management, general contracting, and construction, which has provided it with extensive experience in the Egyptian real estate market. The company is a subsidiary of Global Real Estate, one of the largest contracting companies operating in Egypt, Dubai, and Turkey. Owagik follows a vision based on creativity and innovation to deliver the highest added value to its clients.

Key Achievements of Owagik Development

The company has successfully implemented numerous residential, administrative, commercial, and medical projects in prime locations, characterized by high quality and modern design.

Partnership with the Egyptian Government

Owagik Developments has signed multiple agreements with the Ministry of Housing to execute government projects across various governorates, strengthening its position in the real estate market. These projects have been carried out under the supervision of Engineer Emad Qassem, Chairman of Global Contracting.

Main Sectors of Operation

• Residential Projects: Providing fully integrated units with world-class specifications.
• Administrative Buildings: Designing and executing office buildings in prime locations.
• Commercial Projects: Developing modern shopping malls.
• Medical Projects: Establishing medical centers equipped with the latest technology.

Owagik Development's Vision

The company aims to offer integrated real estate solutions that prioritize quality, modern design, and strategic locations to ensure maximum comfort for clients while enhancing investment opportunities.

Excellence in Owagik’s Real Estate Projects

Owagik projects are distinguished by:

• Utilizing the latest construction and design standards.
• Commitment to on-time delivery.
• Offering after-sales services and continuous maintenance.
• Strategic locations that provide easy access to key roads and highways.

Owagik Development continues to strive toward delivering comprehensive projects that meet clients’ needs across various real estate sectors, making it one of the leading companies in the Egyptian real estate market.

Owagik Development Projects

Owagik has successfully executed several large-scale projects that have significantly impacted the Egyptian real estate market, expanding into key locations to cater to diverse needs.

Major Projects by Owagik Development

New Obour City:

• Constructed 144 residential buildings with modern specifications.
• Developed 22 buildings as part of the "Sakan Misr" project, providing fully integrated housing units.

10th of Ramadan City:

• Developed a series of residential buildings within mid-range and premium housing areas.

October Gardens City:

• Built 56 residential buildings in a strategic location with comprehensive services for all needs.

6th of October City (Dar Misr Project):

• Executed 89 residential buildings under the "Dar Misr" project, featuring premium specifications and varied unit sizes.

Mokattam & Al-Hadaba Al-Oulya Areas:

• Developed high-end residential projects with modern designs, making these areas among the most attractive for housing.

Al-Ma’arag & Al-Hadaba Al-Wusta Projects:

• Constructed numerous residential towers with contemporary designs and comprehensive amenities.

Qena Governorate:

• Implemented 38 residential buildings as part of expansion plans in Upper Egypt to meet the growing demand for housing.

New Assiut City:

• Developed 230 fully serviced residential buildings, offering a modern living environment.

Police Departments & Security Directorates Development:

• In collaboration with the Ministry of Interior, Owagik has contributed to developing multiple security establishments and enhancing their infrastructure.

Owagik Development’s Success Partners

Owagik has built strong relationships with leading companies across various sectors to ensure its projects meet the highest quality standards. Among its key partners:

• DCI PLUS Architectural Design Office: Responsible for designing Owagik’s projects according to the latest engineering standards.
• Tashawor Medical Company: Engaged to manage and operate medical units, ensuring comprehensive and high-quality healthcare services.