A New Millstone: SODIC Signs Landmark Agreement with MIDAR to Develop 500-Acre Wellness Community in New Cairo

In a move set to redefine modern living in New Cairo, SODIC has signed a revenue-sharing agreement with MIDAR for Investment and Urban Development to develop MADA, a 500-acre, fully integrated community built around wellness as its foundation—not just an amenity. This marks a significant step in Egypt’s real estate evolution and SODIC’s own growth trajectory.

 Key Elements of the Partnership

  1. Revenue Share Model: SODIC and MIDAR have agreed to split the revenue from this development, giving SODIC 70% and MIDAR 30% of the revenues generated.

  2. Investment & Duration: Over the course of approximately 8 years, total sales are expected to exceed EGP 200 billion.

  3. Financing: The project will be largely self-financed by the partners, supplemented by credit facilities. The financial leverage is expected to remain modest.

  4. Property Price Trends & Demand: Real estate prices in Egypt have grown by between 10% and 30%, with strong demand continuing—especially in areas like the North Coast. Gulf buyers and Egyptians abroad are particularly active in these markets.

Why “MADA” Stands Out?

  • Wellness as a Foundation
    Unlike many developments where wellness is an afterthought, MADA positions wellness at the core. This means design, amenities, infrastructure, and community services will be planned to promote health, well-being, and a sustainable lifestyle.

  • Strategic Location & Urban Vision
    MADA is part of MIDAR’s fifth-generation urban development strategy. The larger MIDAR city spans some 5,800 acres and is located in a prime area of New Cairo, close to key transport routes including the Cairo-Suez Road, the Regional Road, and the Middle Ring Road. This ensures accessibility and high potential for value growth.

  • Strong Growth & Investment Environment
    In a market with rising property prices and growing buyer interest—especially from overseas Egyptians and Gulf investors—this project is positioned to benefit from both demand and favorable macroeconomic trends.

For those considering real estate in Egypt as a long-term investment (3 to 5 years or more), “MADA” offers compelling prospects:

  • Capital Appreciation: With wellness-centric and sustainable communities being in demand, properties in MADA are likely to see higher value growth compared to standard developments.

  • Quality of Life: Integrated amenities, green spaces, wellness facilities, and planned infrastructure contribute not just to financial returns, but to lifestyle value—an increasingly important factor.

  • Trust & Transparency: A revenue share model with established developers like SODIC and MIDAR adds credibility, aligning the interests of the developer and the buyer.

If you’re considering investing or buying in SODIC’s new project at MADA, our team at Platinum Properties is here to guide you through every step.
We’ll help you understand the project details and evaluate your investment options. For Details Contact us Now!

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