Khaled El Sayyad

Prime Residential

Khaled El Sayyad

Founder

At the young age of 25, Khaled El Sayyad founded Prime Residential, a privately held Real Estate group focusing on the development, acquisition and management of high-end serviced properties for rent in Egypt. After completing a Bachelor of Business Administration Degree from George Washington University, and a Public Relations and Communications Masters Degree from Georgetown University, El Sayyad returned to his hometown to apply the business and entrepreneurial skills he had developed during his years abroad.Being aware of the fact that the concept of serviced apartments had not yet reached Egypt, El Sayyad was adamant on introducing this internationally adopted concept back home. With hopes of providing temporary short and long term homes with the convenience and comfort of a hotel, El Sayyad succeeded at acquiring a well-established clientele consisting of Business men, students, newlyweds, and expats, following the launch of his first building in Cairo’s affluent neighborhood, The Fifth Settlement, in 2015. He then went on to launch the company’s second building in 2017, followed by an expansion into holiday homes with the launch of serviced villas in the North Coast later that year. With its proven overnight success, and continuous high demand, the company has already started the development of its 6th of October branch, and plans to further expand in the North Coast, amongst other locations nationwide, and is currently in talks to branch out to the UAE by 2020.

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