About Project

New Damietta is a modern and integrated city established by the New Urban Communities Authority 40 years ago. It is a first-generation city aiming to provide comprehensive services for new urban and residential communities. The city is a major tourist attraction and a developmental project with several ongoing housing and service projects.

The city is north of Damietta Governorate, along the Mediterranean coast, and 4.5 kilometers from New Damietta Port. The city can be easily reached through the international coastal road that connects the Arab East and the Arab West through Sinai. The city covers an area of 12,798 acres, of which 7,960 acres are urbanized. The city is expected to accommodate 500,000 inhabitants.

The city is divided into six neighborhoods, each with six districts and three industrial, central, and coastal areas. The city offers different residential units, ranging from premium to social housing, to suit various needs and preferences. The city also includes many recreational and entertainment services that provide its residents a modern lifestyle.

Total investments are 5.3 billion LE distributed as below:

·         Housing sector: 2.2 billion LE

·         Services Sector: 281.8 million LE

·         Agriculture sector: 58 million LE

·         Utility sector: 2.7 billion LE

·         Other Investments: 220 million LE.

Top Areas:

·         El Saidi Street.

·         Hasballah El Kafrawi Street.

·         The Universities Street

·         Central Area.

Population:

·         Male population 52.8

·         Female population 47.2

·         Total population 350,000

·         Population changes from 1975 to 2015 134.4

·         Population changes from 2000 to 2015 23.7

·         Median Age 22.6 years

·         Male median age 23.2 years

·         Female, age 21.9 years

Real Estate Market

The Total number of apartments in new Damietta is 23,700 units developed by the new Urban Communities Authority.

The number of apartments in other projects like Dar Misr is 31,000 Unites

The number of lands for sale in New Damietta City is 154 lands

Project Overview

The project is a promising investment opportunity in the new Damietta Al Hay El Thani, Damietta El-Gadded City, Damietta Governorate    away from New Mansoura by 15 mins . This area is one of the city's most attractive and strategic locations, as it is surrounded by various educational, medical, cultural, and recreational facilities. The project is close to Universities Street from the north, which hosts Damietta University and Horas University, and to Central Park and Damietta Military Hospital from the south. It is also adjacent to Damietta’s new eastern parking lot and College education quality, Dar El Haya Hospital from the east and to Royal British School and Lamar Arroz Hotel from the west. Promise Mall will offer visitors a unique shopping and entertainment experience, as it will feature fountains, landscapes, and indoor units with outdoor areas, a cinema, and an entertainment area. The project is designed to be cozy and elegant, with limited shops catering to different needs and tastes.