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Welcome to Maran Residence!

All about us

Maran Residence is the first of its kind in Egypt, launched in April 2021, introducing the concept of boutique residentials to the Egyptian market. The residence combines the privacy and comfort of a home with the luxury and services of 5-star hotels, offering serviced suites that will elevate the temporary living experience in Egypt. With a prime location at the heart of New Cairo, Maran Residence offers proximity to top corporates in the area as well as shopping malls and restaurants making it a perfect choice for both business and leisure travelers.

Apartment rental sites near Downtown Mall and Cairo Festival City Mall


Our mission is to introduce and develop the 5-star residentials to the Egyptian market offering the best short and long-term living experience for our guests. Dedicated to provide premium services, we are continuously hiring professional and dedicated team to offer our guests the best experience and best value for money.


A place to trust! We aspire to be the number one choice for guests and business travelers looking for the most hassle-free and efficient stays in Egypt.

With expansion as our goal, we are looking to spread this unique living experience across the country to offer better short and long-term living options across Egypt.

About the Owners

Refaat Basta

President & Chairman of the board

With more than 30 years of experience in the real estate and construction field as the owner and CEO of Marco Construction, Engineer Basta founded Maran for Hospitality Management to expand in the hospitality field introducing a new concept and higher standards for stays in Egypt. He is also a shareholder in El Alameya Construction that was founded in 2014.  He holds a bachelor of Civil Engineering from Ain Shams.

Peter Hanna

Co-founder and Vice President

With huge passion for hospitality management, Engineer Hanna co-founded Maran for Hospitality Management, the owning company of Maran Residence with a vision to grow. He leads all aspects of management and operations for the project. He has over 8 years of experience in the construction and real estate fields. He holds a bachelor of Construction Engineering from the American University in Cairo