Real estate developer
Reality Real Estate is an apartment developer in Addis Ababa. It says it was founded in 2006, started building in Sebeta in 2008 and began its first Addis Ababa project in 2016. It builds mainly in Bole and Sarbet. Its head office is in the Bole Bras area.
Completed · Bole Atlas, Addis Ababa
Ten storey luxury apartment building by Reality Real Estate at Bole Atlas, completed in November 2021, per the company.
Completed · Bole, Addis Ababa
A 2B+G+13 commercial building by Reality Real Estate in Bole.
Under Construction · Bole, Addis Ababa
A 2B+G+16 residential building on a 905 sqm site near the Gazebo roundabout, with two and three bedroom units.
Under Construction · Sarbet, Addis Ababa
Luxury apartment project by Reality Real Estate on an 850 sqm site near the Canada Embassy in Sarbet.
Bole, Addis Ababa
Seven storey building by Reality Real Estate in the Bole Japan area.
Reality Real Estate builds apartment buildings in Addis Ababa, mainly in Bole and Sarbet. It uses mid-size plots of about 850 to 1,000 square meters for each building. Its head office is in the Bole Bras area. The sales line is +251 977 292929.
The company says it was founded in 2006 and registered its current name in 2016. It started building in the town of Sebeta in 2008. Its first Addis Ababa project began in 2016. Since then it has focused on Bole.
The company also lists earlier projects in Bole Japan, Lebu and Haya Hulet, and a future project in Bisrate Gabriel. For the main areas, see the Bole neighborhood guide and the Sarbet neighborhood guide.
Reality does not publish prices or a payment plan. Call the sales line on +251 977 292929 or +251 948 233333, or the head office on +251 11 666 3339.
Ask for the price per square meter, the payment schedule and the delivery date in writing. For the ongoing towers, ask how far construction has progressed. Our guide on how to buy a house in Addis Ababa lists the documents to check.
The company says it has completed eight projects ahead of schedule. We could not verify that claim from an independent source. Its website counters for delivered projects show zero, which conflicts with its own claims. A third-party builder review covers the company. We found no reports of court cases. Visit the completed Bole Atlas building before you buy.
The head office is in the Bole Bras area of Addis Ababa. The head office phone is +251 11 666 3339.
Reality lists two ongoing projects: Bole Diplomat Road (2B+G+16, two and three bedrooms) and Sarbet Canada near the Canada Embassy.
The company says it was founded in 2006 and registered its current name in 2016.
Profile last reviewed October 18, 2026.