Amidst a dynamic landscape of economic growth and urban development, Egypt’s real estate market continues to thrive, driven by a high demand for residential and commercial properties.
With the end of the first quarter of 2024, we’ll shed light on the top-selling real estate developers in Egypt, whose innovative projects and unwavering commitment to excellence have reshaped the skyline and transformed the living experience of many families.
Top Real Estate Sales Acheiveres in 2024
In Q1 2024, the Egyptian real estate market witnessed tremendous growth with total sales reaching 235 billion EGP. Bear in mind that this is a whopping 217% increase from Q1 2023!
It is also worth noting that there were 18,300 units sold during the quarter – which is around a 51% increase YoY.
Many real estate developers are to be thanked for those numbers. However, the top 10 real estate achievers in Q1 2024 are:
- Talaat Moustafa Group (TMG) – 63.5 billion EGP in sales
- Ora Developers – 30 billion EGP in sales
- Palm Hills Developments – 28.9 billion EGP in sales
- Mountain View – 27.8 billion EGP in sales
- City Edge Developments – 18.4 billion EGP in sales
- La Vista Developments – 15.3 billion EGP in sales
- Madinet Masr – 14.8 billion EGP in sales
- New Giza – 13 billion EGP in sales
- Hyde Park Developments – 12.1 billion EGP in sales
- Tatweer Misr – 11 billion EGP in sales
Each of those developers has managed to create a name for themselves due to an array of world-class projects and an eye for excellence. On that high note, let’s take a closer look at the top 3 real estate sales achievers.
Talaat Moustafa Group (TMG)
Renowned for its visionary approach and iconic developments, Talaat Moustafa Group stands at the forefront of Egypt’s real estate sector.
With a diverse portfolio spanning luxury residential communities and mixed-use projects, TMG continues to captivate buyers seeking uncompromising quality, prime locations, and unmatched amenities.
TMG’s notable portfolio includes numerous well-acclaimed projects including:
- Madinaty
- Celia
- Al Rehab
- Noor
- Privado
Ora Developers
Committed to bringing everyone happiness, Ora Developers established a wide range of projects across the globe. In fact, the company is currently operating in UAE, Cyprus, Grenade, Pakistan, and of course Egypt.
Ora Developers’ portfolio in Egypt includes some of the top gated communities in the region such as:
- ZED
- ZED East
- Silversands
- Pyramid Hills
- Solana
Palm Hills Developments
Palm Hills Developments has carved a niche for itself as a developer of luxury lifestyles, crafting one-of-a-kind experiences tailored to customers’ needs and desires.
With decades of experience, Palm Hills Developments is not only one of the top real estate sales achievers this quarter but it has made that list countless times before. Speaking of lists, Palm Hills has a very long list of projects including:
- Badya
- Hacienda West
- Palm Hills New Cairo
- Hacienda Bay
- Palm Hills New Alamein
- Capital Gardena
- Palm Hills October
Final Thoughts
From luxury residential gated communities to sustainable business hubs, these real estate developers’ projects exemplify excellence, innovation, and a dedication to exceeding, the evolving needs of buyers and investors.
If you want to check out all real estate projects in Egypt, have any inquiries, or looking for expert advice, visit Nawy now!
