Madinet Masr Developments
Overview
Madinet Masr is one of Egypt’s oldest & most established real estate developers, founded in 1959. It has built its reputation by creating large-scale mixed-use communities, master-planned cities, and integrated residential, commercial, educational, and lifestyle offerings.
It boasts a substantial land bank of ~12.8 million sqm as of Q1 2025, with prime holdings in projects like Sarai and Taj City, as well as newer lands in Mostakbal City, New Heliopolis, and Assiut.
Vision
To transform urban living in Egypt through planned, sustainable communities that balance quality, accessibility, and modern lifestyle conveniences.
Mission
To continuously deliver mixed-use developments rooted in strong planning, high standards of design & infrastructure, and services tailored to residents’ needs, while expanding responsibly and maintaining financial strength.
Iconic Projects
- Sarai – A major mixed-use development spanning ~5.5 million sqm along the Cairo-Suez Road / Al Amal axis. Offers apartments, S-Villas, townhouses, large green area, lagoon (~50,000 sqm), and full lifestyle amenities.
- Taj City – Another flagship project (~3.6-3.7 million sqm) situated on Suez Road & Ring Road, opposite Cairo International Airport. It includes residential neighborhoods, commercial zones, educational institutions, etc.
- The Butterfly, Mostakbal City – A newer launch under development, part of the expansion outside the main Sarai / Taj areas.
- “Tajed” Commercial District – A commercial hub in Taj City (~39,000 sqm) offering retail, dining, offices, and other commercial uses.
- New Heliopolis City Co development – A large project in partnership, adding ~491 feddans to their portfolio for residential, commercial, villas etc.
Why Madinet Masr?
- Massive Land Bank & Ownership: ~12.8 million sqm held in freehold across multiple geographies gives them flexibility in development timing.
- Strong Financial Investment & CAPEX: they have deployed large CAPEX in Sarai, Taj City, launched major phases like Sheya and Esse Residence with expected sales in the billions.
- Heritage & Trust: Over 60 years of operation, listed on EGX, recognized for high-quality planning, infrastructure, and delivery.
- Diverse & Mixed-use Portfolio: Residential, commercial, leisure, educational components in one masterplan, offering urban self-sufficiency.
Ownership
- Chair & CEO: Abdallah Sallam leads the company.
- The company is publicly listed, with strong corporate governance.
