Lake View Development Egypt: Projects, Prices and Company Verification

Lake View is an established New Cairo property name associated with LakeView Compound, Lake View Residence, Residence 2 and Lake View Boutique. The portfolio is clear enough for a buyer guide, but the legal identity requires care. El Hazek Construction’s official project page lists United Company for Real Estate & Tourism as the client for LakeView Compound, while property directories use Lake View Development and link its history to El Hazek. These roles should not be collapsed into one legal entity without contract-level evidence.
Lake View is an established New Cairo property name associated with LakeView Compound, Lake View Residence, Residence 2 and Lake View Boutique. The portfolio is clear enough for a buyer guide, but the legal identity requires care. El Hazek Construction’s official project page lists United Company for Real Estate & Tourism as the client for LakeView Compound, while property directories use Lake View Development and link its history to El Hazek. These roles should not be collapsed into one legal entity without contract-level evidence.
Company identity
Lake View Development is marketed as a premium residential developer focused on New Cairo and Golden Square. Its best-known products include villa communities, apartment compounds and a mixed-use project. The key editorial issue is not whether the projects exist; it is who holds each contractual role.
The official El Hazek Construction record describes LakeView Compound as a completed New Cairo project delivered for United Company for Real Estate & Tourism. Nawy separately profiles Lake View Development and attributes management to Mahmoud Yehia El Hazek. A LinkedIn company profile for LakeView Properties shows another public-facing corporate identity. AqariFlow therefore treats leadership, ownership and legal-developer fields as pending direct verification.
Verified and pending facts
| Item | Position on 19 August 2026 |
|---|---|
| Market-facing brand | Lake View Development / LakeView Properties |
| Core market | New Cairo and Golden Square |
| Known projects | LakeView Compound, Lake View Residence, Residence 2, Lake View Boutique |
| Client named for LakeView Compound by the contractor | United Company for Real Estate & Tourism |
| Contractor named in the official source | El Hazek Construction |
| LakeView Compound status | Completed on the contractor’s page |
| Legal owner/founder | Requires direct corporate evidence |
| Current leadership | Public sources conflict; do not publish unqualified |
| Official sales hotline | Reverify through a current first-party channel |
| Recommended verification tier | B — Market-listed with an entity warning |
Why role separation matters
A property advertisement often uses “developer” loosely for the brand, landowner, contractor or seller. A production database should store separate fields for marketed developer, legal developer, landowner, contractor and project brand. The contractual entity matters for delivery obligations, assignment approvals, maintenance and post-sale support.
For LakeView Compound, El Hazek’s role as contractor does not automatically make it the seller of every unit. United Company should likewise not be treated as a mere alias until documentary evidence confirms the relationship.
Main projects
LakeView Compound
El Hazek’s official project record describes a completed 300-acre New Cairo community with approximately 600 villas across five phases. It states that buildings occupy about 25% of the site and names United Company for Real Estate & Tourism as the client.
Because this is an established community, much of today’s visible stock may be resale. Buyers should review title, maintenance arrears, community charges, club position, assignment approval and any structural alterations.
Area guide: New Cairo real estate projects
Lake View Residence and Residence 2
Lake View Residence is a recognised Golden Square community. Nawy presents Residence 2 as an approximately 77-acre development, but the exact relationship between the original community and Residence 2 must be retained at phase or project level. Do not transfer delivery, finish or price data from one record to another.
Lake View Boutique
Lake View Boutique is marketed as a mixed-use New Cairo project with residential, commercial and administrative property. Those uses require separate comparisons: licensing, operating hours, maintenance, load factors and tax treatment differ between an apartment, office and retail unit.
Observed prices — 19 August 2026
Nawy displayed Lake View Development inventory from approximately EGP 10.3 million on the review date. This is a marketplace starting point, not an official developer price or a portfolio average. Results may combine resale and developer inventory across different unit types, areas, finishes and delivery positions.
Ask for the exact project, phase, building, sale channel, built-up area, land or garden area, finish, handover, outstanding instalments, maintenance deposit, assignment fee and parking/club position before comparing two prices.
Buyer strengths and checks
Potential strengths include established New Cairo locations, inspectable communities, low-density villa products and a range of residential and mixed-use options. The main checks are legal seller identity, phase-level information, current management, maintenance obligations and whether the listing is developer inventory or resale.
Contact verification
The public sources reviewed did not support an unqualified independent Lake View Development leadership and hotline record. El Hazek publishes its construction-office contact, but that must not be presented as the Lake View sales line unless confirmed in writing. Obtain a booking document or email carrying the legal entity and match it to the contract and commercial registration.
Internal links
Real Estate Developers in Egypt — Complete Master Directory 2026
The master guide to Egypt's leading real estate developers: sorted by market, asset type, track record, and verified credentials.
Read moreNew Cairo and Fifth Settlement Real Estate — Developers, Projects and Prices
A practical guide to New Cairo's districts, developers and projects, with dated price snapshots and a checklist to run before you reserve.
Read moreBest New Cairo Real Estate Developers — Selection Criteria & Track Record
An objective comparative framework for evaluating New Cairo developers: delivery history, facility management, and customer satisfaction.
Read moreDeveloper Sale vs Resale in Egypt — Financial & Legal Comparison
A practical guide comparing primary developer purchases against secondary resale: down payments, payment plans, transfer fees, and risks.
Read moreFrequently asked questions
1Is Lake View Development the same as El Hazek Construction?
Do not simplify the relationship without documentation. Market directories connect the names, while El Hazek’s own project record identifies it as contractor and names a separate client.
2Are LakeView Compound and Lake View Residence the same project?
No. Keep separate project records unless an official source confirms a phase relationship. Location, product, contract and pricing can differ.
3Is EGP 10.3 million an official price?
No. It was a dated marketplace starting figure and may represent a specific resale or unit type. Obtain a unit-specific written offer.
4What is the most important resale check?
Verify title, outstanding instalments, maintenance and assignment dues, physical alterations and community-management approval.
Verify developer channels and legal contracts directly before making any purchase commitment.
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