Waagacusub Real Estate is undertaking the development of modern, high-quality buildings in Mogadishu. The project will feature both commercial spaces and PNP-standard apartments. Construction is expected to be completed within one year. The site is located in the Banaadir neighborhood of the Hodan district.

Mogadishu: A City Reborn

Mogadishu has undergone a remarkable transformation, emerging as a vibrant and modern city adorned with impressive, high-rise buildings that evoke the architectural elegance of Europe and the opulence of Dubai. This new urban skyline is a symbol of progress and ambition, reflecting a broader national renewal.

Adding to this momentum, Somalia has recently made significant oil discoveries — a breakthrough that promises to elevate the country's economic potential and global relevance.

Amidst this era of peace and stability, the Somali diaspora has returned with confidence, injecting millions of dollars into Mogadishu's development. At the forefront of this transformation stands Waagacusub Real Estate, the driving force behind one of the largest and most ambitious real estate initiatives in the country.

This surge in local investment has reversed long-standing trends, drawing Somali capital away from foreign markets such as Kenya, Uganda, and Turkey, and channeling it back into Somalia — where opportunity now thrives.