Major Development is a Dubai residential developer. Detailed public information about the company is limited, so buyers should verify project specifics directly.
1999
Founded
Orascom Development
An international developer of integrated towns across the region and Europe. Explore Orascom projects, see where it builds, and talk to a specialist who knows the portfolio.
1
Areas
2
Off-plan
Latest Projects by Orascom Development
Where Orascom Development builds
Egypt
A large and growing market with six distinct investment zones — year-round rental apartments in New Cairo, USD-denominated resort property on the Red Sea, and master-planned coastal cities backed by Gulf sovereign capital.
AED
1m
Area median
Luštica Peninsula
Fully integrated coastal town on Montenegro’s Adriatic coast, covering 690 hectares with 90% green space preservation.
AED
1.43m
Area median
About Orascom Development
Orascom Development is an international developer of integrated towns and resort destinations, with a track record spanning three decades. It is known for El Gouna in Egypt, Jebel Sifah and Hawana Salalah in Oman, Lu큄tica Bay in Montenegro and Andermatt in Switzerland.
For buyers, Orascom’s appeal is integrated-town expertise across markets: established destinations with homes, hotels and amenities, which matters most to the investor-analyst and longer-horizon observer segments who weigh track record and location across several research sessions before contacting an agent.
INTEGRATED TOWNS. Full destinations with homes, hotels and amenities. INTERNATIONAL. Projects across the region and Europe. LONG TRACK RECORD. Three decades of destination development.
1997
El Gouna established in Egypt
El Gouna established in Egypt, a Orascom Development development.
2016
Regional entity structure
Regional entity structure - a milestone in Orascom Development's track record.
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FAQ
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Is Orascom Development reliable?
Orascom Development is an established international developer with a three-decade track record of integrated towns such as El Gouna in Egypt and Andermatt in Switzerland. Its Egyptian arm is listed on the Egyptian Exchange.
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Where does Orascom build?
Orascom builds integrated towns and resorts across Egypt, Oman, Montenegro, Switzerland, the UAE and other markets. Confirm the current project list for the market you are interested in.
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Which destinations is Orascom known for?
Flagship destinations include El Gouna and O West in Egypt, Jebel Sifah and Hawana Salalah in Oman, Lu큄tica Bay in Montenegro and Andermatt in Switzerland.
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Do Orascom properties hold value?
Its established integrated towns attract second-home and tourism demand. Yields and resale values vary by market and unit - verify current figures for the specific address.
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What are the total costs of buying an Orascom property?
Costs depend on the country and include local registration, agency and administrative fees. Confirm the exact costs for the specific project and market with a specialist.
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