Paragon Developments Projects in Egypt

About Paragon Developments

Paragon Developments launched in 2017 and is backed by two contractors, ASSAS Construction and El Bedier Construction. That means the company comes from the construction side first; works attributed to the group include office buildings in Sheikh Zayed, the HSBC building in New Cairo and projects in Saudi Arabia.

As a developer, its name is tied to the Paragon mall series in the New Capital's business district, and it later moved into housing with a project in Mostakbal City.

New Capital malls or a Mostakbal City home?

For office investment, the Paragon malls benefit from a CBD address, but that also pushes up the price per meter, so compare expected yields with similar buildings in the same district. Ask about the mall that has already been delivered and its occupancy, which is the clearest hint of how Paragon 2 and 3 may perform.

If you want a home, Sumou Boulevard in Mostakbal City calls for different questions: services there are still filling in, so confirm which phase you are buying and its written handover date, and if an earlier phase has been delivered, go see the finishing for yourself.