HPD Developments (Heritage Pan Arab Developments) operates in the Egyptian market as an Egyptian-Saudi investment partnership chaired by Engineer Hazem Mohab, backed by more than 20 years of experience in executing projects across the Gulf region.
The company entered the Egyptian market with a commercial, administrative, and medical project in New Cairo, with investments reaching EGP 8 billion. It then expanded into the New Administrative Capital with a second project in the Governmental District, bringing its current Egyptian portfolio to two business destinations serving retail, office, and medical activities.
Unit prices across the company’s projects start from EGP 2,990,000 and can reach EGP 12,784,000 or more for ground-floor commercial shops, with payment plans starting from a 10% down payment.
The company’s full name is Heritage Pan Arab Developments. It was established as an investment entity combining Egyptian real estate expertise with Saudi industrial capital through Zamil Group, a Saudi family-owned group that began its commercial activities in 1920 before expanding into the real estate and construction sectors during the 1940s.
This legacy inspired the company’s name, as the founders intended the Egyptian entity to be viewed as an extension of a long-standing Gulf business history rather than a newly established local company starting from scratch.
The company focuses on a specific asset class rather than expanding across every segment of the market. Its portfolio is built around commercial, administrative, and medical destinations in established areas with proven purchasing power, representing a narrower specialization than the approach followed by many developers operating in New Cairo and the New Administrative Capital.
Operationally, the company is distinguished by its build-before-sale model, in which it self-finances construction and advances projects to a significant stage of completion before offering units to the market. This allows buyers to view an actual building on the ground rather than relying solely on conceptual plans.
According to the company’s press statement issued in July 2026, its completed project portfolio represents total investments of approximately EGP 30 billion. Management describes this figure as the financial foundation that enables construction progress to precede sales revenue rather than relying on sales to fund development.
The second element of the company’s business model is its operational partnerships. HPD contracts specialized operators for facilities management, healthcare, and technology before handover, rather than simply delivering a completed building to individual owners. As a result, the asset is handed over with an operational management structure already in place.
The leadership team combines Egyptian expertise in development and sales with representation from the Saudi shareholder. The officially announced roles are as follows:
The company approaches a commercial building as an operational business rather than simply a collection of units for sale. This explains why its projects are organized into separate retail, office, and medical sections instead of combining all three activities within the same corridors.
This separation goes beyond architecture, as each section is placed under a separate management contract, allowing medical clinics and offices to operate according to different standards within the same building without interfering with one another.
At the design level, the company works with external engineering consultants and architectural studios rather than relying solely on in-house teams. Its buildings tend to feature insulated glass facades, generous floor-to-ceiling heights, and basements extending across the full land area. These decisions increase construction costs but are intended to protect rental value over the long term.
The company presents itself as an Egyptian-Saudi platform bringing Gulf construction and operational standards to the Egyptian market. It aims for its projects to be measured by their performance after handover rather than by how quickly their units sell upon launch.
The company’s network of operational partners represents one of the strongest and most verifiable elements of its profile, with each partner assigned a specific contractual role rather than being mentioned merely as a marketing reference:
The healthcare partnership, in particular, changes the return equation for buyers, as a clinic within a complex managed by a recognized hospital group can have stronger rental demand than a comparable unit inside a conventional shopping mall.
For inquiries about new investment opportunities with HPD Developments, you can contact the HPD Developments’ hotline at +201118183030 to obtain full details from the sales team.
| Project | Location | Type | Area | Status |
|---|---|---|---|---|
| Voke Mall New Cairo | Fifth Settlement — Al-Sadat Axis | Commercial / Administrative / Medical | 13,660 m² | Construction exceeded 70% — handover from Q4 2026 |
| Voke Twins Mall New Administrative Capital | Governmental District — Downtown | Administrative / Medical | More than 10,000 m² | Under construction — handover in 2029 |
Both projects are located within business districts rather than residential areas, revealing a deliberate focus on income-generating assets in locations with existing visitor traffic instead of areas still waiting for their populations to reach full occupancy.
Voke Twins Mall occupies a plot overlooking the Parliament building, with a building ratio of no more than 40%. It features two twin towers designed in a contemporary Art Deco style, with a direct frontage on the North Bin Zayed Axis. Units are offered with a 10% down payment and installment plans extending up to 10 years.
The company’s Egyptian launch is located directly on Al-Sadat Axis in the Fifth Settlement, next to Al Nakheel Compound and Swan Lake Residence, at the heart of the area’s largest villa cluster.
Voke Mall New Cairo was designed with a ground floor and four typical floors above two basement levels. The ground floor is dedicated to commercial shops, while the right wing accommodates administrative offices and the left wing contains medical clinics, with unit areas ranging from 28 m² to 149 m².
Prices start from EGP 4,860,000 for medical units, while commercial shops carry the highest price per square meter due to their frontage. Payment plans range from a 10% down payment over 8 years to a 25% down payment over 6 years, along with a cash discount of up to 25%.
For inquiries about the latest prices and to schedule a viewing at any of the company’s projects, you can contact the HPD Developments’ sales number at +201118183030 to receive price offers and installment schedules.
Those comparing commercial and administrative opportunities within the same geographic area before making a decision will find several projects across different price segments, including the following options:
For the latest information about HPD Developments projects, you can contact the specialized sales team to inquire about prices, schedule viewings, and learn more about available payment plans.
The sales team provides a free real estate consultation that includes a quick assessment of the client’s business activity and budget, recommendations for the most suitable project within the company’s portfolio, on-site viewings of available units, and details of all financing and payment alternatives.
HPD Developments’ combines a model that puts the building on the ground before offering its units for sale with a network of contracted operators that helps maintain the asset’s performance long after handover. It also focuses on business districts with established visitor traffic rather than locations that are still waiting for full occupancy.
For inquiries about the latest prices, available areas, and installment schedules, you can contact the HPD Developments’ sales number at +201118183030 to receive a comprehensive real estate consultation and arrange an on-site viewing of the available units.
