Quick answer: who are Egypt’s top real estate developers?
Egypt’s most credentialled real estate developers are Emaar Misr, SODIC, Palm Hills Developments, Hassan Allam Properties, Orascom Development Egypt and ORA Developers, Tatweer Misr, G Developments, Modon Holding, People & Places, and Travco Properties. Three are listed on the Egyptian Exchange with audited public disclosures. The rest are evaluated on delivered project references, construction credentials, and pipeline depth.
At a glance
- Registered developers in Egypt: more than 2,000
- Listed on the Egyptian Exchange: Emaar Misr, SODIC, Palm Hills Developments
- Master developer of Ras El Hekma City: Modon Holding
- Longest delivery record: Orascom Development Egypt (El Gouna, built from scratch in the 1990s)
- Builds its own projects: Hassan Allam Properties, via Hassan Allam Construction
- Official project verification: gov.eg
Egypt has over 2,000 registered real estate developers. A handful account for the majority of landmark projects, delivered communities, and international-grade product at the premium end of the market. Knowing which developers have proven delivery records, which carry public company accountability, and which have the financial architecture to complete what they start is the most important due diligence any Egyptian property buyer can do.
This guide is D5 Realty’s editorial perspective, based on verified delivery history, sales performance, and portfolio depth. It covers the companies whose credentials and active pipelines make them the most relevant names for buyers evaluating where to invest in 2026.
Egypt’s top real estate developers
Emaar Misr
Emaar Misr is the Egyptian subsidiary of Emaar Properties, the Dubai-based developer behind Burj Khalifa, Dubai Mall, and Downtown Dubai. Established in 1997 and listed on the Egyptian Stock Exchange, it is the developer most consistently referenced when Egyptian buyers want a global benchmark for finishing quality, delivery reliability, and resale market consistency.
Emaar Misr reported EGP 78 billion in sales in the first half of 2025, confirming its position as one of the highest-performing real estate companies in the Egyptian market by sales volume. Its North Coast flagship, Marassi at KM 126, has been operating for over a decade with hotels, beaches, and F&B running year-round, and has one of the most active resale markets on the coast.
| Emaar Misr | |
| Established | 1997 |
| Listing | Egyptian Stock Exchange |
| Delivery reference to visit | Marassi North Coast, KM 126 |
| North Coast entry price | Soul North Coast from EGP 15M |
- Marassi North Coast (KM 126): fully operational, decade-plus delivery, consistent resale market.
- Soul North Coast (KM 178, Ras El Hekma): 580 acres, 85% standalone villas, Locanda Hotel, from EGP 15M. Delivery 2026.
- Emaar Marassi Red Sea (Ras Soma): USD 18B masterplan, Steigenberger operational, year-round Red Sea resort.
- Mivida, Uptown Cairo, Cairo Gate, Belle Vie: delivered urban and suburban communities across Greater Cairo.
Also You Can Read the full Soul North Coast project guide
SODIC
SODIC (Sixth of October Development and Investment Company) was founded in 1996, is listed on the Egyptian Stock Exchange, and holds the most consistent reputation among Egyptian developers for design-led, community-focused residential projects across Cairo and the North Coast. Its track record includes Beverly Hills Sheikh Zayed — the compound that established its original reputation — multiple New Cairo and Sheikh Zayed communities, and a North Coast portfolio spanning three distinct zones.
SODIC’s North Coast projects follow a clear differentiation strategy rather than replicating one format: three projects, three distinct products, three different buyer profiles, all under one listed developer with consistent financial disclosure.
| SODIC | |
| Founded | 1996 |
| Listing | Egyptian Stock Exchange |
| Delivery reference to visit | Beverly Hills Sheikh Zayed, Westown, Eastown |
| North Coast presence | Three zones — KM 82, KM 90, KM 205 |
- SODIC Ogami (KM 205, Ras El Hekma) — Nobu Hotel, DLR Group masterplan, Master Plan Award 2025, ultra-luxury villas.
- SODIC June (KM 90, Dabaa) — Art Deco, Miami-inspired, 100,000+ sqm lagoons, Marriott Tribute Hotel, fully finished with AC. Already operational.
- Caesar SODIC (KM 82, Dabaa) — 192 acres, Crystal Lagoons 20,000+ sqm, DLR Group Breeze phase.
- Westown, Eastown, Villette, Beverly Hills — delivered urban communities with active resale markets.
Read the full SODIC Ogami project guide
Palm Hills Developments
Palm Hills Developments, founded in 1997 and listed on the Egyptian Stock Exchange, is Egypt’s most geographically diverse residential developer, with a presence in Sheikh Zayed, New Cairo, Alexandria, the North Coast, and the Red Sea. The Hacienda brand, established with Hacienda Bay at KM 124 in 2005, is one of the most recognised resort brands on the Egyptian North Coast, with an 18-hole golf course, multiple hotels, and an active year-round resort community.
Palm Hills currently operates two simultaneous Hacienda North Coast projects. The ability to run both at once confirms the developer’s capital base and land position across the North Coast corridor — a signal worth more than any marketing claim.
| Palm Hills Developments | |
| Founded | 1997 |
| Listing | Egyptian Stock Exchange |
| Delivery reference to visit | Hacienda Bay, KM 124 |
| North Coast entry price | Hacienda Heneish from EGP 7.2M · Hacienda Ras El Hekma from EGP 12M |
- Hacienda Bay (KM 124) — operational decade-plus, 18-hole golf, Le Sidi hotel, SASS Beach Bar, active resale market.
- Hacienda Heneish (KM 247, Sidi Heneish) — active sales, delivery 2027–2028, from EGP 7.2M.
- Hacienda Ras El Hekma (KM 238, inside Ras El Hekma City) — 1,400 acres, two natural bays, 97% water views, EOI open, from EGP 12M. First Egyptian developer inside the Ras El Hekma City boundary.
- Palm Hills October, Palm Hills Katameya, Palm Hills New Alamein — major Cairo-area delivered communities.
Hassan Allam Properties (HAP)
Hassan Allam Properties is the real estate development arm of Hassan Allam Holding, one of Egypt’s largest construction and engineering conglomerates, with roots going back to 1936. Its construction credentials are the strongest of any Egyptian residential developer: HAP builds its own projects through Hassan Allam Construction, eliminating the contractor risk that affects developers who outsource.
Hassan Allam Properties is privately held rather than listed on the Egyptian Stock Exchange, which means buyers evaluate it on construction credentials and delivered communities rather than on published financial disclosures. Given that the group builds what it sells, that is arguably the more direct evidence anyway — but it does mean the due diligence route differs from the listed developers above.
Swan Lake North Coast at KM 197 in Ras El Hekma is the company’s flagship Mediterranean project: 208 acres, 950 homes, 74,000 sqm Crystal Lagoons, a 6-star boutique hotel, Sachi and Kazoku Japanese dining, Stamina wellness centre, and a tropical masterplan by JZMK Partners. Delivered fully finished with AC included, with an 8% annual maintenance fee. HAP’s North Coast credibility is supported by the delivered New Cairo and 6th of October Swan Lake communities.
| Hassan Allam Properties | |
| Group roots | 1936 |
| Listing | Privately held |
| Builds own projects | Yes, Hassan Allam Construction |
| Delivery reference to visit | Swan Lake Residences, New Cairo |
- Swan Lake North Coast (KM 197, Ras El Hekma) — 208 acres, 74,000 sqm lagoons, 6-star hotel, JZMK masterplan.
- Swan Lake Residences (New Cairo) and Swan Lake West (6th of October) — delivered communities available to visit before buying.
- HAPTown (Mostakbal City) and Little Venice (Ain Sokhna) — diversified portfolio across zones.
Orascom Development Egypt and ORA Developers
Orascom Development Egypt and ORA Developers are two separate companies that share the Orascom group heritage and are frequently confused with one another. Between them they hold the longest delivery track record of any Egyptian developer outside state entities.
Orascom Development Egypt’s defining achievement is El Gouna, the Red Sea town it built from scratch in the 1990s, which now operates year-round as one of the most internationally recognised self-contained resort cities in Egypt. El Gouna has its own airport, international golf course, marina, hospital, and film festival, setting the standard against which all other Egyptian integrated resort developments are measured.
ORA Developers, associated with businessman Naguib Sawiris, operates independently with premium projects including Silver Sands ORA at KM 243 in Sidi Heneish and the Zed communities in Cairo.
Orascom Development Egypt
- El Gouna (Red Sea) — self-contained year-round city, golf, marina, hospital, international film festival.
- Taba Heights, Makadi Bay — additional Red Sea integrated resort developments.
ORA Developers
- Silver Sands ORA (KM 243, Sidi Heneish) — WATG-designed, ultra-low density, the zone’s premium address.
- Zed East (New Cairo) and Zed West (6th of October) — premium urban residential communities.
Tatweer Misr
Tatweer Misr was founded in 2014 and has established a distinctive approach to development: internationally designed masterplans, unusual product concepts, and a strong presence across both the North Coast and the Red Sea. Its most architecturally recognised projects are Il Monte Galala in Ain Sokhna — a terraced mountain resort with cable cars and sky villas — and Fouka Bay on the North Coast.
The D-Bay project in the Al Dabaa zone covers 200 feddans with an 800m beach, Crystal Lagoons, and an Italian masterplan by Gianluca Peluffo and Partners, confirming Tatweer Misr’s continued commitment to the North Coast and its preference for internationally credentialled architectural partnerships. D-Bay’s product range, from 40 sqm beach cabins to 370 sqm beachfront villas, offers one of the widest access points of any Al Dabaa project.
|
Tatweer Misr |
|
| Founded | 2014 |
| Listing | Privately held |
| Delivery reference to visit | Fouka Bay · Il Monte Galala, Ain Sokhna |
| Product range at D-Bay | 40 sqm beach cabins to 370 sqm beachfront villas |
- Il Monte Galala (Ain Sokhna) — terraced mountain resort, cable cars, sky villas, landmark architectural project.
- Fouka Bay (North Coast) — luxury chalets and villas on the North Coast.
- D-Bay (Al Dabaa, North Coast) — 200 feddans, 800m beach, Italian masterplan, units 40–370 sqm.
- Bloomfields (Mostakbal City) — residential and educational development.
G Developments (formerly New Giza)
G Developments, formerly known as New Giza, is the developer behind New Giza — one of the most ambitious and successful gated communities in Egypt, built on a 2,000-feddan plot near the Pyramids plateau with a university, golf course, hotel, and integrated commercial district. The rebranding to G Developments reflects the company’s expansion beyond a single project, with Seashell Ras El Hekma at KM 194 as its flagship North Coast development.
Seashell Ras El Hekma is a 1.6km beachfront development with swimmable lagoons, a 5-star hotel, and a commercial district. The Lagoon Views phase launched in August 2025 from EGP 7.1 million, offering one of the most accessible Ras El Hekma entry points from a developer with a large-scale delivered reference in New Giza.
|
G Developments |
|
| Formerly | New Giza |
| Listing | Privately held |
| Delivery reference to visit | New Giza, Greater Cairo |
| North Coast entry price |
Seashell Ras El Hekma from EGP 7.1M |
- New Giza (Greater Cairo) — 2,000-feddan gated city, university, golf, hotel, a decade-plus in development.
- Seashell Ras El Hekma (KM 194) — 1.6km beach, lagoons, 5-star hotel, from EGP 7.1M, delivery 2028.
Modon Holding
Modon Holding is not a conventional private developer. It is the Abu Dhabi state-backed master developer appointed to deliver the Ras El Hekma City masterplan under the USD 35 billion Egypt–UAE ADQ investment agreement. Its role in Egypt is that of a sovereign master developer: planning and delivering the infrastructure, precincts, and hospitality anchors of a new coastal city across 44 kilometres of Mediterranean coastline.
Modon’s significance for buyers is indirect but critical. Every project within the Ras El Hekma City boundary sits on land that Modon is developing and servicing. The airport, the roads, the utilities, and the precinct planning all come from Modon. The hospitality brands it has confirmed — Montage for Wadi Yemm, and Nammos for Wadi Yemm in July 2026 — demonstrate the calibre of partner the company brings to precinct development. For buyers who want to understand the Ras El Hekma investment case, Modon is the entity whose decisions set the terms.
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Modon Holding |
|
| Role | Master developer, Ras El Hekma City |
| Backing | Abu Dhabi state-backed, under the USD 35B Egypt–UAE ADQ agreement |
| Scale | 170.8M sqm across 17 planned precincts, 44km of coastline |
| First precinct in delivery |
Wadi Yemm |
- Ras El Hekma City masterplan — master developer for 170.8M sqm across 17 planned precincts.
- Wadi Yemm precinct — first precinct in active delivery; hosts Montage Ras El Hekma and Nammos Ras El Hekma.
- UAE portfolio — Modon’s Abu Dhabi development portfolio is extensive and provides financial stability.
Read the Ras El Hekma investment guide
People & Places Development
People & Places is a boutique-scale developer operating at the premium end of the North Coast market, competing on design specification and international hotel partnerships rather than volume. It is the developer behind The Med at KM 195 in Ras El Hekma: a 307-acre project with 800 metres of beachfront, 70 percent villas, a Campbell Grey partnership for the Le Grey Beach Hotel, and an LA7 Fitness Hotel within the masterplan.
The approach mirrors the positioning of ORA Developers at Silver Sands — prioritising product quality and design credential over volume, choosing fewer and better-designed projects. For buyers who want a North Coast product with a defined architectural position and low-density design, People & Places is the developer to evaluate.
- The Med (KM 195, Ras El Hekma) — 307 acres, 800m beach, 70% villas, Le Grey Beach Hotel, LA7 Fitness Hotel.
Travco Properties
Travco Properties is the developer of Almaza Bay North Coast, the project that opened the Sidi Heneish corridor to premium development when it launched in 2014. Almaza Bay is the proof-of-concept that Sidi Heneish’s water quality and location could support a premium resort community at scale: 6.5 million sqm, 5.5 kilometres of beach, seven JAZ Hotels with 90 percent European summer occupancy, Pier 88, the Shorelines Festival, and over 3,000 units.
A decade after launch, Almaza Bay North Coast is one of the most operationally mature communities on the Egyptian North Coast. The resale market is consistent, the hotels run year-round, and the beach and F&B infrastructure are established. Travco Properties is the developer that validated the Sidi Heneish zone, and Almaza Bay is the reference point every subsequent Sidi Heneish project is measured against.
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Travco Properties |
|
| Zone pioneer since | 2014 |
| Listing | Privately held |
| Delivery reference to visit | Almaza Bay, KM 247–250 |
| Scale | 6.5M sqm, 5.5km beach, 7 JAZ Hotels, 3,000+ units |
- Almaza Bay North Coast (KM 247–250, Sidi Heneish) — zone pioneer since 2014, 7 JAZ Hotels, 5.5km beach, year-round hospitality.
- Almaza Bay Ras Soma (Red Sea) — Emaar Marassi Red Sea partnership at Ras Soma, Steigenberger hotel.
Zone guide: Ras El Hekma, Dabaa and Sidi Heneish compared
Egypt’s top developers compared
|
Developer |
EGX listed | Builds own projects | Delivered reference to visit | North Coast flagship | Entry price |
| Emaar Misr | Yes | No | Marassi, KM 126 | Soul North Coast, KM 178 | From EGP 15M |
| SODIC | Yes | No | Beverly Hills, Westown | Ogami KM 205 · June KM 90 · Caesar KM 82 | On request |
| Palm Hills | Yes | No | Hacienda Bay, KM 124 | Hacienda Ras El Hekma, KM 238 | From EGP 12M |
| Hassan Allam Properties | No | Yes | Swan Lake New Cairo | Swan Lake NC, KM 197 | On request |
| Orascom Development Egypt | — | Partly | El Gouna, Red Sea | Red Sea portfolio | On request |
| ORA Developers | No | No | Zed West, 6th of October | Silver Sands, KM 243 | On request |
| Tatweer Misr | No | No | Fouka Bay · Il Monte Galala | D-Bay, Al Dabaa | On request |
| G Developments | No | No | New Giza | Seashell REH, KM 194 | From EGP 7.1M |
| Modon Holding | No (Abu Dhabi) | Master developer | Abu Dhabi portfolio | Wadi Yemm precinct | On request |
| People & Places | No | No | — | The Med, KM 195 | On request |
| Travco Properties | No | No | Almaza Bay, KM 247–250 | Almaza Bay, Sidi Heneish | On request |
Prices are launch-phase indicative figures and change between phases. Contact D5 Realty for current pricing on any project in this table.
How to evaluate a real estate developer in Egypt
Beyond the names buyers already know, five checks apply to any developer before committing.
Check EGX listing status
Listed developers, Emaar Misr, SODIC, and Palm Hills, publish audited financial disclosures on the Egyptian Stock Exchange, which provides a transparency layer private developers cannot match. You can read the financial position before you sign. Private developers are under no such obligation. This does not make a private developer a worse choice: Hassan Allam’s construction credentials arguably exceed those of any listed peer. It does mean your due diligence has to come from delivered projects rather than published financials.
Visit the delivered reference before buying the new one
Every developer’s credibility is in its completed projects. Visit the delivered reference before buying the new one: Marassi for Emaar Misr, Beverly Hills for SODIC, Hacienda Bay for Palm Hills, Swan Lake New Cairo for Hassan Allam, El Gouna for Orascom, New Giza for G Developments, Almaza Bay for Travco. If a developer cannot point you to something completed and operating, you are underwriting the delivery risk yourself.
Ask who is actually building it
Developers who build their own projects carry lower contractor risk than those who outsource. Hassan Allam builds via Hassan Allam Construction, meaning delivery risk sits inside one balance sheet. Where construction is outsourced, the contractor is a counterparty whose financial health you have not assessed. Ask who is building, in writing.
Read the payment plan as a risk allocation
Front-loaded payment plans with large early instalments transfer delivery risk to the buyer: you have paid most of the price before there is anything to take possession of. Back-loaded plans — low down payment, gradual instalments — retain more risk with the developer. Compare the structure, not just the headline price.
Verify government registration
Verify the project’s registration status through Egypt’s official real estate platform, realestate.gov.eg, before signing any contract. Confirm that the legal entity named in your contract matches the developer’s registered company — brand names and registered entities are frequently not the same, and the contract binds the entity.
This guide is editorial research, not legal or financial advice. Have an Egyptian real estate lawyer review any contract before signing.
Final word
The Egyptian real estate market has scale, but quality is concentrated. The developers covered in this guide account for the overwhelming majority of project launches that attract premium buyers, maintain consistent resale markets, and deliver on the specifications they sell.
The research that actually protects a buyer is narrower than it looks: find out what the developer has finished, go and stand in it, ask who is building the new one, understand where the payment plan puts the risk, and confirm the project is registered. A brand name is not a substitute for any of those five things.
D5 Realty works directly with the developers in this guide and maintains current pricing, availability, and project status information across their active North Coast and Red Sea portfolios. Contact us for verified data on any project before you commit.
Frequently asked questions
Who are the top real estate developers in Egypt?
The top real estate developers in Egypt by delivery track record, sales performance, and project credibility are Emaar Misr, SODIC, Palm Hills Developments, Hassan Allam Properties, Orascom Development Egypt and ORA Developers, Tatweer Misr, G Developments, Modon Holding, People & Places, and Travco Properties.
Which Egyptian developer has the best delivery track record?
Emaar Misr has the most internationally validated delivery track record in Egypt. Marassi North Coast has been operational for over a decade with consistent hotel occupancy, an active resale market, and F&B running year-round. Hassan Allam Properties, SODIC, and Palm Hills all have multiple completed communities buyers can visit and evaluate before purchasing new projects.
Which real estate developers in Egypt are listed on the stock exchange?
Egyptian Exchange listed real estate developers covered in this guide include Emaar Misr, SODIC, and Palm Hills Developments. Listed developers publish audited financial disclosures, shareholder reports, and regular financial results. This transparency layer is not available from private developers and is a significant due diligence advantage for buyers.
What is the difference between Emaar Misr and Emaar Properties?
Emaar Properties is the Dubai-based parent company, developer of Burj Khalifa, Dubai Mall, and Downtown Dubai. Emaar Misr is the Egyptian subsidiary, established in 1997, that develops and operates projects specifically in Egypt. Emaar Misr is separately listed on the Egyptian Stock Exchange and publishes its own financial disclosures, benefiting from Emaar’s global standards while operating as an independent Egyptian entity.
What is the difference between Orascom Development Egypt and ORA Developers?
They are separate companies sharing the Orascom group heritage. Orascom Development Egypt is behind El Gouna, Taba Heights, and Makadi Bay on the Red Sea. ORA Developers, associated with Naguib Sawiris, operates independently and is behind Silver Sands ORA at KM 243 in Sidi Heneish and the Zed East and Zed West communities in Cairo.
Who is the master developer of Ras El Hekma?
Modon Holding is the master developer of Ras El Hekma City, appointed to deliver the masterplan under the USD 35 billion Egypt–UAE ADQ investment agreement. Modon is responsible for 170.8 million sqm across 17 planned precincts and 44 kilometres of Mediterranean coastline, including the airport, roads, utilities, and precinct planning that every project inside the boundary depends on.
Which Egyptian developer builds its own projects?
Hassan Allam Properties builds its own projects through Hassan Allam Construction, part of Hassan Allam Holding, a construction and engineering conglomerate with roots going back to 1936. This vertical integration eliminates the contractor risk carried by developers who outsource construction to third parties.
Which developer has the lowest entry price on the North Coast?
Among the projects covered in this guide, G Developments’ Seashell Ras El Hekma at KM 194 starts from EGP 7.1 million and Palm Hills’ Hacienda Heneish at KM 247 from EGP 7.2 million. Tatweer Misr’s D-Bay offers the widest product range in Al Dabaa, from 40 sqm beach cabins upward. Prices are launch-phase figures and change between phases.
Which developer is first inside the Ras El Hekma City boundary?
Palm Hills Developments is the first Egyptian developer with a project inside the Ras El Hekma City boundary, with Hacienda Ras El Hekma at KM 238: 1,400 acres across two natural bays with 97 percent water views, from EGP 12 million. Modon Holding is the master developer for the boundary itself.
How do I verify that an Egyptian developer’s project is legally registered?
Verify the project’s registration status through Egypt’s official real estate platform at realestate.gov.eg before signing any contract. Confirm that the legal entity named in the contract matches the developer’s registered company, since brand names and registered entities frequently differ. Have an Egyptian real estate lawyer review the contract before signing.




