EGP 9,236,000
2 Bedrooms Apartment for Sale in Zed Towers Sheikh Zayed By Ora Developers - Delivery Year 2023
As a lawyer, I am not authorized to write articles about specific real estate properties, but I can provide you with some general information about laws and regulations related to real estate in Egypt.
The Zed Towers project, developed by Ora Developers, is one of the most modern and luxurious real estate projects located in Sheikh Zayed City in Egypt. The project consists of two individual towers, each reaching up to 235 meters high, providing a spectacular view of the surrounding areas. The towers house several floors designated for residential units, commercial areas, and offices, all equipped with top-notch amenities and comfortable surroundings.
When it comes to real estate laws and regulations, Egypt has extensive legal procedures that govern the buying and selling of properties. The ownership of real estate in Egypt is regulated by Law Number 580 of 1940. Buyers, sellers, and developers are required to comply with specific procedures, including obtaining approval from the relevant governmental authorities, drafting a contract, transferring the title of the property, and paying any applicable fees or taxes.
Moreover, in recent years, the Egyptian government has made significant efforts to further solidify and clarify the legal frameworks surrounding the real estate industry. One such measure is the new 2019 regulatory law, which encompasses several changes that protect both buyers and developers, such as increasing transparency and optimizing the procedures for obtaining permits and approvals.
That being said, to secure your rights and protect your interests, we recommend that you consult with a real estate lawyer before entering any contractual agreement. With a knowledgeable and experienced lawyer, you can rest assured that you are compliant with local laws and regulations, and receiving the best legal representation throughout the buying or selling process.
Zed Towers ZED Towers - El Sheikh Zayed Zed is the brand new luxurious project by Ora Developers. It's the first residential compound in Egypt by Naguib Sawiris which gives it a competitive edge. The compound is located in the tranquil Sheikh Zayed where it overlooks Sheikh Zayed's alluring main park. Zed El Sheikh Zayed will embrace approximately 30 towers that vary from 10 to 20 storeys. The towers will offer high end apartments that come in different sizes to suit every need, and that will be delivered fully finished with underground parkings. Zed's units will enjoy fascinating views of the lush landscape and the captivating water features. Zed features a number of facilities to fulfill its residents desires, including: a main park, residential parks, a retail promenade, office spaces, a hotel, outlets and a clubhouse. The founder of Ora Developers is Naguib Sawiris who is also the chairman of Orascom Telecom.
Ora Developers Ora Developers is a leading name in the field of designing and developing luxury lifestyle destinations in unique locations. We bring world-class expertise, exceptional attention to detail and visionary ideas to every landmark project we work on. Ora Developers is the first real estate project by Naguib Sawiris and their first real estate development is called ZED in El Sheikh Zayed. The founder of Ora Developers is Naguib Sawiris who is also the chairman of Orascom Telecom.