CCR Developments is one of the most established real estate companies in Egypt, with a track record spanning more than 40 years of continuous work in the construction and real estate development sector. Since its launch in 1983, the company has delivered over 350 projects across the residential, commercial, and administrative segments, more than 150 towers, and has served upwards of 4,000 families in the most prominent areas of East Cairo. Today, CCR has expanded into major developments inside the New Administrative Capital and New Cairo, most notably Ayyam Residence compound, Core The Business Hub mall, and Front Gate mall.
In this guide, we walk through everything you need to know about CCR Developments: its history, board of directors, vision, leading projects, unit prices, and available payment plans.
CCR Developments at a Glance
| Item |
Details |
| Trade Name |
CCR Developments |
| Year Founded |
1983 |
| Founder |
Eng. Adel Zarif Toghyan |
| Current Leadership |
Dr. Raymond Toghyan (CEO) – Eng. Abanoub Toghyan & Eng. Andrew Toghyan (Board Members) |
| Experience |
More than 40 years |
| Projects Delivered |
+350 projects |
| Engineering Consultant |
Archrete Engineering Consultancy |
| Key Operating Areas |
Nasr City – Heliopolis – Fifth Settlement – New Administrative Capital |
| Major Current Projects |
Ayyam Residence – Core The Business Hub – Front Gate – Garden View – Sephora Heights |
About CCR Developments
CCR Developments was founded in 1983 by Eng. Adel Zarif Toghyan, launching from the heart of Nasr City and Heliopolis as one of the leading firms in the construction sector. Over four decades, the company has cemented its name as a trusted brand in the Egyptian market, built on three core pillars: strategic site selection, quality of execution, and commitment to handover deadlines.
With the major urban transformation Egypt has witnessed in recent years, CCR has moved into a new phase of expansion under the leadership of Dr. Raymond Toghyan, launching modern projects in New Cairo and the New Administrative Capital that target buyers seeking either an upscale, fully integrated home or a secure investment opportunity. The R8 district in the Capital and the MU-23 axes are among the key zones where the company is focusing its current pipeline.
CCR’s philosophy goes beyond simply constructing buildings — it extends to developing fully integrated urban communities that combine residential units, green spaces, daily-use services, and recreational amenities, delivering a balanced living and investment experience.
CCR Developments Board of Directors
The company draws its strength from a leadership lineup that combines the experience of the founding generation with the vision of the new one:
- Eng. Adel Zarif Toghyan – the company’s founder, with over 40 years of experience, having delivered hundreds of projects across Cairo’s most prominent districts.
- Dr. Raymond Toghyan – the current Chief Executive Officer, who has driven the company’s expansion into new cities and launched its current portfolio in the New Administrative Capital.
- Eng. Abanoub Toghyan and Eng. Andrew Toghyan – board members overseeing the technical and administrative divisions of the company.
- Mr. Said El-Gabaily – Head of the Commercial Sector and Client Relations.
This family-led structure — bringing together three successive generations — gives the company a rare degree of stability in the Egyptian real estate market and reinforces client confidence in the long-term continuity of projects and after-sales support.
CCR Vision and Mission
CCR Developments builds its vision around turning real estate from a mere housing unit into a long-term investment that delivers genuine value to the client. The company is committed to four core values:
- Integrity and transparency in dealing with clients.
- Quality in construction, finishing, and materials used.
- Commitment to handover deadlines and contracted specifications.
- Innovation in design and the integration of technology and smart spaces.
The company’s mission is to deliver a complete real estate experience that begins with land selection, moves through design and execution, and extends to after-sales services that continue for years beyond handover.
Why Choose CCR Developments?
In a market crowded with dozens of developers, CCR stands out through a set of tangible competitive advantages:
1. 40+ Years of Experience with a Proven Delivery Record
Unlike many of the newer developers, CCR is not a company that “appeared with the New Administrative Capital.” Its history stretches across decades, with hundreds of projects actually completed and handed over to their owners.
2. Engineering Partnership with Archrete
The company partners with Archrete Engineering Consultancy as its principal engineering consultant — a firm well known for designs that balance aesthetics with functionality, directly reflected in the quality of the masterplans and on-the-ground execution.
3. Thoughtfully Chosen Strategic Locations
All of the company’s New Administrative Capital projects sit in prime districts (R8 and MU-23), close to key axes such as Mohamed Bin Zayed Southern Axis, the Government District, the Green River, and the Central Business District (CBD).
4. Flexible Payment Plans
Down payments starting from just 2.5% and installments stretching up to 12 years — among the most competitive terms currently available in the market.
5. A Diversified Real Estate Portfolio
CCR offers a wide product mix: residential apartments, duplexes, sky roofs, administrative offices, medical clinics, and commercial units — making it a destination for every type of buyer and investor.
6. Continuity of Family Leadership
A family-run company led by three generations reduces the risk of disruption or management turnover and provides long-term assurance for after-sales services.
Top Projects of CCR Developments
1. Ayyam Residence Compound – New Administrative Capital (Current Project)
Ayyam Residence Compound is the company’s latest launch and its largest residential project to date.
- Location: Plot D3 at the heart of the R8 residential district in the New Administrative Capital.
- Land Area: approximately 39–40 feddans.
- Masterplan: ground + 8 typical floors, with a low building footprint and generous green spaces.
- Unit Types: 2-bedroom apartments, 3-bedroom apartments, duplexes, and sky roofs.
- Starting Prices: 2-bedroom apartments from EGP 2,990,000 | 3-bedroom apartments from EGP 3,690,000 | duplexes from EGP 5,600,000.
- Payment Plan: 2.5% down payment – installments up to 12 years – EGP 30,000 fully refundable reservation deposit.
- Surroundings: minutes away from the Sports City, Government District, Diplomatic District, the Green River, and Al-Fattah Al-Aleem Mosque.
2. Core The Business Hub Mall – New Administrative Capital
A mixed-use project (administrative – medical – commercial) in the heart of the New Administrative Capital, targeting investors looking for premium administrative offices and medical clinics. The mall sits at a prime intersection of the main districts (R3 and R2), ensuring high occupancy thanks to its proximity to the Iconic Tower and the Green River.
3. Front Gate Mall – New Administrative Capital
A commercial, administrative, and medical project in the dynamic MU-23 district, with direct frontage on Al Amal Axis. The mall extends across 4,055 sqm, with only 30% allocated to construction and the remaining 70% reserved for green spaces and landscaping. Unit sizes start from 42 sqm. Construction works have been fully completed.
4. Garden View Compound – New Cairo
A luxury villa and palace compound spanning 25 feddans on Mohamed Naguib Axis in the Fifth Settlement. The project has been fully delivered and is renowned for its calm and privacy, standing as one of the company’s most successful developments in New Cairo.
5. Sephora Heights Compound – New Cairo
A fully integrated residential compound spanning 20 feddans near the American University in the Fifth Settlement. It comprises 52 buildings (ground + 3 floors), with more than 90% of its units already delivered — a real-world proof of the company’s commitment to handover deadlines.
6. Nasr City and Heliopolis Projects
Over the course of 40 years, the company has executed more than 150 residential and administrative towers and 250 commercial units along East Cairo’s most important streets — the legacy that built its current reputation.
Strategic Partners
For its recent projects, CCR collaborates with Archrete Engineering Consultancy as its architectural consultant — a pivotal partnership that is reflected in the quality of the modern designs in Ayyam Residence and other developments. The company also relies on a network of contracting and operations firms with a strong reputation in the Egyptian market.
Payment Plans and Installments at CCR Projects
CCR offers some of the most flexible payment plans in the market today:
- Down payments starting from 2.5% of the unit value.
- Installment periods of up to 12 years with no interest.
- EGP 30,000 reservation deposit, fully refundable in case the contract is not finalized.
- For mall projects: 5% down payment with installments over 8 years (varies by project).