Developer X Projects in Egypt

About Developer X

Developer X Real Estate Development belongs to Shoura Group, an investment group that also works in agricultural and industrial development. Ashraf El Shiaty chairs the company, Hamid El Shiaty sits on the board, and Ahmed Fouad serves as CEO. Its work spans residential, office and leisure property, mostly in New Cairo and on the North Coast.

The company's name is also linked to Orika in 6th of October, Katameya Office Park and Mise The Strip in New Cairo, and The Wave serviced apartments inside Bianchi Ilios.

Before you buy from Developer X

For a unit in The Muse, the key question is who will run the mall after handover. Ask whether there is a signed operating agreement and a real plan to bring in tenants, because a shop's value depends on foot traffic far more than on its price per square meter. If you can, visit an older Developer X office project such as Katameya Office Park and check how occupied it actually is.

At Bianchi, think about distance from the water, how long the resort's season really lasts, and the yearly maintenance fee, since a chalet keeps costing money even if you use it for two months. In both cases, read the late-delivery penalty clause closely and ask about the project's licensing status before paying the down payment.