Novara Development

Novara Development is a relatively new player in the Egyptian real estate market, but it comes with a clear vision and ambitious plans. The company was established through a partnership between Saudi and Egyptian investors, which enhances its expertise and ability to expand significantly in the Egyptian market.

Novara Developments aims to deliver exceptional real estate projects by leveraging global expertise and committing to the highest quality standards.

The company collaborates with top architectural and engineering firms to ensure that its projects are executed according to the highest global standards.

Additionally, Novara Real Estate Development focuses on providing solutions that align with the needs of its clients, making it capable of quickly attracting their attention and earning their trust by fulfilling commitments and delivering on its promises.

In the following, we will discuss some important information about Novara Real Estate Development, such as its founders, key projects, and the strategic approach it follows to achieve unprecedented success in the real estate development field.

Who is the Owner of Novara Real Estate Development Company?

Novara Real Estate Development is managed by Engineer Mohamed El Shabl, one of the most prominent figures in the real estate development sector.

Engineer El Shabl has extensive experience in this field, which has made him one of the key pillars of the company’s success.

Additionally, the company relies on a team of engineers, consultants, and technicians who possess vast experience, contributing to delivering projects characterized by high quality and innovation.

Novara Real Estate Development’s Strategies for Achieving Success

Novara Real Estate Development has formulated a set of well-thought-out strategies aimed at ensuring its success in the Egyptian real estate market and enhancing its competitiveness. These strategies include:

Developing all projects using the finest and most modern architectural designs that focus on comfort and tranquility.

Collaborating with top architects and consultants to ensure that projects are executed to the highest possible standards.

Focusing on providing large green spaces and a variety of recreational services to create an environment that combines psychological comfort and enjoyment for all residents.

Injecting substantial investments to ensure the development of ideal projects that meet clients’ needs.

Committing to applying global quality standards in all stages of project development.

The company focuses on fulfilling the aspirations of its clients by providing all their needs and desires within its projects.

The most important projects of Novara Development

Novara Real Estate Development Company offers a range of distinctive projects in the Egyptian market, and one of the most notable of these projects is Rive Du Nile Tower in Maadi.

This luxurious hotel project is strategically located on the banks of the Nile River, offering breathtaking views directly over the river.

These views provide a unique living or staying experience that is unmatched.

The project’s location is also ideal, being close to key landmarks such as the Ring Road, Maspero Building, and the Egyptian Museum, ensuring easy access and making it a preferred choice.

The architectural design of the project is elegant and distinguished, with a land area of 33,000 square meters and a façade extending to 55 meters.

The project consists of 20 upper floors, in addition to the ground floor, with each floor covering an area of 1,750 square meters.

Unit sizes range from 40 to 110 square meters, providing diverse options for investors and residents.

Prices for the hotel units in this remarkable project start from EGP 185,000 per square meter. Novara offers several flexible payment systems:

First System: Pay 25% upfront and the remaining balance over 3 years with no interest.

Second System: Pay 35% upfront and the remaining balance over 4 years with no interest.

Third System: Pay 50% upfront and the remaining balance over 5 years with no interest.

Maintenance fees are 7%, and the units are expected to be delivered within 6 months, fully finished.