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Polaris Parks has officially entered Egypt’s residential real estate sector with the launch of its new development arm, Polaris Homes, and the unveiling of its debut projects, Özel Villas and Özel Residences, in Sheikh Zayed City.



Strategic Expansion

The launch expands Polaris Parks’ portfolio beyond industrial infrastructure, leveraging two decades of large-scale development experience. The company has previously attracted $560 million in direct investments, with long-term plans to facilitate up to $4.5 billion in cumulative industrial investments across more than 10 million square meters.



Executive Insights

• • Osman Evren Arıkan (Managing Director): Stated that the new residential arm is a natural extension of their established development strategy. He emphasized that this expansion complements, rather than replaces, their core industrial activities.

  • Bassel Shoirah (General Manager): Noted that the Özel projects focus on functionality, privacy, and community-oriented living, blending contemporary architecture with green spaces.

Project & Location Details

• Location: Al Nozha Street, Sheikh Zayed City (opposite Al Rabwa Compound).

• Proximity: Near Smart Village, Hyper One, Al Ahly Club, and Sphinx International Airport.

• Unit Sizes: Apartments start from 132 square meters; villas reach up to 247 square meters.

• Community: Designed as a low-density, master-planned community.

• Timeline & Payment: Delivery is targeted within three years, with flexible payment plans extending up to eight years.