16 Feb 2025

Zaki Hashem advises Emaar Misr in its partnership with MIDAR to co-develop 500 feddans in MADA City

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  • Zaki Hashem advises Emaar Misr in its partnership with MIDAR to co-develop 500 feddans in MADA City

We are proud to have again had the pleasure of advising Emaar Misr for Development SAE, the largest real estate developer in the UAE and the region, on its strategic partnership with MIDAR for Investment and Real Estate Development SAE, Egypt's leading urban developer, for the co-development of a 500 feddan plot in MADA City – New Cairo. This monumental collaboration is aimed at establishing an integrated residential project with an investment amounting to approximately EGP 100 billion.

The project, an extension of Emaar’s landmark project “Mivida”, is set to be a transformative development in the area, blending modern living with world-class design.

Our dedicated team of lawyers spearheaded by Shaaban Gaballah, Senior Partner heading the Real Estate practice, provided expert legal advice and support throughout this landmark transaction - with the involvement of our Managing Partner, Yasser Hashem, and our Partner, Yasir A. Elakhdar.

Zaki Hashem, Attorneys at Law, has had the privilege of advising Emaar Misr on its incorporation and subsequent acquisition of substantial land holdings in Egypt that paved the way for large-scale residential developments such as Uptown Cairo, Marassi, Mivida, Cairo Gate – among many other legal services.

We extend our heartfelt congratulations to both Emaar Misr and MIDAR on this exceptional collaboration, and our special thanks to the outstanding team at Emaar Misr for their professionalism and vision.

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