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Mass Developments achieves EGP 925 million in sales at Cityscape Egypt 2025

Posted on أكتوبر 5, 2025 by aberabozaher

Mass Developments has announced its success in achieving record sales of EGP 925 million during its participation in Cityscape Egypt 2025, held from 24 to 27 September. The achievement reflects the trust that clients place in the company’s projects and its ability to deliver real estate products that meet the needs of its target customers.

Mass Developments

Eng. Atef Monai, Chairman of Mass Developments, stated that the strong turnout at the company’s pavilion during the exhibition confirms its solid position in the real estate market. It also demonstrates the company’s success in meeting client demands by providing a product that combines all key success factors, including a strategic location, smart design, and strong payment plans.

He added that the company’s upcoming expansion plan aims to launch new residential and commercial projects in West Cairo, in addition to a residential development spanning over 50 feddans in the distinguished R8 district of the New Administrative Capital, as well as residential projects in New Cairo’s Fifth Settlement. These launches are planned to begin at the end of the fourth quarter (Q4) of 2025 and continue throughout 2026.

Eng. Atef Monai further noted that the company showcased two projects at the exhibition, Yardin New Cairo and Olin Social District, both of which succeeded in attracting clients seeking an integrated residential or commercial experience in prime locations in East Cairo.

Meanwhile, Eng. Mamdouh Fekry, Board Member of Mass Developments and Founder of Concept Engineering and Constructions, said that Yardin New Cairo is distinguished by its proximity to major main roads. It is only one minute from South 90th Street and Hyde Park Square, three minutes from the Middle Ring Road, five minutes from Ain Sokhna Road, and 20 minutes from Cairo International Airport. It is also close to the Air Force Hospital and the District 5 project.

He pointed out that the project is a fully integrated residential community offering units with a variety of spaces, starting from 66 sqm up to 321 sqm for duplex units, and is characterized by flexible payment plans.

He highlighted that Olin Social District is a fully integrated commercial, administrative, medical, and entertainment complex strategically located on Gamal Abdel Nasser Axis in the Fifth Settlement, directly across from the Al Narges residential and villa area—a high-density community with more than 350,000 residents. The project is designed as a comprehensive hub that brings together retail, leisure, and essential services.

He added that the project features an entertainment area, retail units, cafés, restaurants, a fitness center equipped with the latest sports facilities, a jogging track, a dedicated children’s area, a government civil registry office, hologram technology, and free internet coverage across the entire development.

For his part, Mr. Ahmed El-Desouky, Chief Sales Officer at Mass Developments, stated that the company’s pavilion at the exhibition attracted strong client interest, driven by its standout projects, competitive pricing, exclusive offers, and its ability to understand and address customer needs.

Mr. Ahmed El-Desouky revealed that during the exhibition, the company offered clients special prices and flexible payment plans for both projects.

He disclosed that customers showed great appreciation for the project details and the diverse payment options available, which enabled them to choose plans aligned with their purchasing power.

He concluded that the strong turnout at the exhibition underscores the sustained strength of demand in the real estate market.

Mass Developments launches Yardin New Cairo on 13 acres in the Heart of New Cairo.

Posted on مايو 18, 2025 by aberabozaher

Mass Developments has unveiled its newest residential project, Yardin New Cairo, strategically located in the heart of New Cairo. Covering more than 13 acres, the project is part of the company’s strategy to diversify its investment portfolio and introduce innovative real estate solutions that reflect evolving market trends and cater to customer needs.

Mass Developments

Eng. Atef Monai, Chairman of Mass Developments, stated that the project represents a valuable addition to the company’s portfolio and is situated in a prime area of the Fifth Settlement.

Eng. Atef Monai highlighted the project’s prime location as one of its most distinctive advantages—just a minute from South 90 Street, three minutes from the Middle Ring Road, five minutes from Ain Sokhna Road, and only 20 minutes from Cairo International Airport. It is also conveniently located near the Air Force Specialized Hospital and the District 5 development.

He said that the project is a fully integrated residential development offering a variety of unit sizes ranging from 66 sqm up to 330 sqm for duplex units. It features flexible payment plans starting from a 0% down payment with installment options extending up to 10 years, catering to a wide range of customer needs.

He added that Mass Developments is dedicated to working with top-tier partners to ensure the project is delivered with the highest standards of quality and sustainability. As part of this commitment, the company has partnered with AZURE Architects, led by Eng. Omar Okail, to lead the architectural design.

Inspire Integrated will oversee property and facility management, while execution and construction will be handled by Concept Engineering & Constructions, chaired by Eng. Mamdouh Fekry, a Board member of Mass Developments.

Eng. Mamdouh Fekry brings extensive engineering experience, with his company having contributed to several prominent projects such as Al Dau Heights and Al Dau Strand in Hurghada, and the Almaza Bay project in Marsa Matrouh in collaboration with Travco.

The company also developed Al Dau Village Mall, spanning 30,000 sqm in Hurghada, and participated in the execution of several international hotels including Steigenberger Pure Lifestyle and Steigenberger Aqua Magic in Hurghada, Hyatt Centric in Cairo, Hyatt Regency Cairo, Steigenberger Al Kazar in Sharm El Sheikh, Arena Plaza Hall in Cairo, and Dar Al Rahma in the New Administrative Capital.

Eng. Fekry’s projects span across various regions, including Cairo, the New Administrative Capital, Hurghada, Sharm El Sheikh, Ain Sokhna, Marsa Matrouh, Port Said, and 10th of Ramadan City—reflecting the diversity and expansion of his work across residential, leisure, commercial, and medical sectors.

Eng. Atef Monai added that the project’s construction period is expected to last three and a half years and will include a range of premium amenities that ensure luxury and quality of life for residents. These include a social club, swimming pools, restaurants and cafes, indoor and outdoor gyms, electric vehicle charging stations, jogging and cycling tracks, and a children’s play area.

Eng. Atef Monai owns prime residential and commercial land in New Cairo, 6th of October City, Sheikh Zayed City, New Minya City, New Sohag City, and New Damietta City.

He is also a partner in several real estate development companies behind prominent projects such as Verity Business Complex in the New Capital, Innoview Business Complex in the New Capital, Valencia Valley in New Cairo, and Valencia Hub Mall in New Cairo.

He concluded by stating that Mass Developments is actively pursuing its expansion strategy in the Egyptian real estate market, drawing on the extensive experience of its founders, led by Eng. Atef Monai. He has held key leadership roles, including CEO of the International Import and Export Group and Chairman of Dar Al Benaa. Eng. Atef Monai also serves on the boards of leading real estate development companies.

Mass Developments Targets EGP 6 Billion in Contracted Sales for 2025

Posted on مارس 16, 2025 by aberabozaher

Mass Developments Targets EGP 6 Billion in Contracted Sales for 2025

Amid fierce competition in the Egyptian real estate market, Mass Developments has announced record-breaking

sales of EGP 2 billion in the last quarter of 2024. This milestone reflects the strong market confidence in the company and reinforces its ambitious expansion plans for 2025.

According to Ahmed El-Dessouky, Chief Commercial Officer of Mass Developments, the company aims to achieve EGP 6 billion in total sales this year, backed by an ambitious expansion strategy and strategic partnerships with top consulting and management firms.

Mass Developments

“The current market is witnessing strong demand for residential projects in New Cairo, driving developers to launch new projects that cater to this growing need,” El-Dessouky stated.

As part of its expansion, Mass Developments plans to launch three new projects in 2025, including its first-ever residential development in New Cairo, set for release immediately after Eid Al-Fitr. The project reflects the company’s commitment to delivering high-quality real estate products that combine modern designs with integrated services.

To uphold the highest standards of quality and innovation, Mass Developments has established strategic partnerships with leading industry experts. It collaborates with Mohamed Essam, Executive Director of Inspire Integrated, the firm responsible for project management and operations, ensuring top-tier services. Additionally, the company is partnering with architectural consultant Nader Fouda from LDP, who will oversee project designs, and executive consultant ACE – Moharram Bakhoum, supervising execution with the highest levels of precision and quality. The company has also partnered with Mamdouh Fikry, Founder of Concept, responsible for construction, ensuring adherence to top engineering and technical standards.

As part of its expansion strategy, Mass Developments plans to open multiple new branches across Egypt in 2025, enhancing its operational efficiency and supporting its ambitious growth plans.

Furthermore, the company continues to strengthen its market position through its latest project, Olin Social District, strategically located on Gamal Abdel Nasser Axis in New Cairo, facing Al-Narges Villas and Apartments, an area with over 350,000 residents. This prime location gives the project a strong competitive advantage as a fully integrated commercial and entertainment hub designed to cater to a wide audience.

Unlike traditional shopping centers, Olin Social District redefines the concept of commercial destinations by blending retail, entertainment, and essential services into a comprehensive lifestyle experience. The project features a dedicated entertainment zone, retail units, cafes and restaurants, a state-of-the-art fitness center, a jogging track, a children’s area, a government services office, and advanced technology features such as holograms and free public Wi-Fi.

With over 25 years of experience, Mass Developments continues to cement its presence in Egypt’s real estate market, having successfully delivered landmark projects in New Cairo and the New Administrative Capital, with a portfolio exceeding EGP 20 billion in total investments. The company also holds a diverse land bank across East and West Cairo, as well as key provinces and new cities.

Mass Developments Cooperates with Inspire Integrated to Enhance Investment in “Olin”

Posted on فبراير 26, 2025 by Fatma abdelhamed

Mass Developments signed a strategic partnership agreement with Inspire Integrated, a company specializing in the management and operation of real estate projects.

The partnership aims to enhance the investment value of Mass Developments’ project, Olin Social District in New Cairo, by achieving the highest levels of operational efficiency and project management in line with international standards.

The signing ceremony took place in the presence of senior executives from both companies, including Eng. Atef Monai, Chairman of Mass Developments, and Eng. Mohamed Essam, Executive Director of Inspire Integrated.

Also attending were Ahmed EL- Desouky, Chief Commercial Officer at Mass Developments; Marwan El- Sayyad the Sales Director, Ahmed Essam the Marketing Manager, and the company’s sales sector managers.

The participation of key figures from both entities highlights the strategic importance of this partnership in supporting the company’s expansion and growth plans.

Eng. Atef Monai stated that this partnership aligns with Mass Developments’ vision to enhance the added value of its projects by collaborating with leading specialists in management and operations.

He emphasized that the cooperation with Inspire Integrated represents a significant addition, contributing to improving the quality of services offered within the company’s projects.

He further noted that this collaboration is part of Mass Developments’ broader strategy to enhance the efficiency of its project management, in parallel with its expansion plans for 2025.

He explained that Olin Social District is strategically located on Gamal Abdel Nasser Axis in the Fifth Settlement, directly opposite El Narges Buildings and Villas, a residential area with a high population density exceeding 350,000 residents.

This prime location reinforces the project’s potential as an integrated commercial and entertainment hub, serving a large number of people and enhancing its chances of success.

He highlighted that Olin Social District is not just an ordinary mall but a fully integrated destination combining retail, entertainment, and essential services.

The project includes a recreational area, commercial units, cafes, restaurants, a fitness center equipped with state-of-the-art equipment, a running track, a dedicated Kids area, a governmental hub , a hologram system, and a free high-speed internet network that covers the entire project.

To ensure the highest execution and operational standards, Mass Developments has partnered with ACE Moharam Bakhoum as the project’s executive consultant,

LDP as the engineering consultant, Concept as the construction contractor, and IWG—owner of renowned brands—to provide co-working spaces and virtual office solutions.

Eng. Mohamed Essam, Executive Director of Inspire Integrated, expressed his enthusiasm for this collaboration, affirming that Inspire Integrated is committed to implementing

cutting-edge administrative and operational systems to create a seamless, high-quality environment that meets client expectations and aligns with global trends in real estate project management.

This partnership marks a key milestone in Mass Developments’ strategic vision to optimize project operations, ensuring long-term sustainability and success.