Mardev Developments is one of the most established names in the Egyptian real estate market, having begun its journey back in 1989 and evolving over more than 35 years from a contracting firm into a full-fledged real estate developer. Its rise came as the result of a union between three major companies that gave it a solid engineering and financial foundation under the leadership of Eng. Zohdy Zahran.
The company focuses its modern strategy on the new cities, foremost the New Administrative Capital and New Cairo, through a portfolio that blends residential, commercial, and administrative projects with prices starting from around EGP 3,627,000, backed by a rich track record spanning social housing, luxury compounds, and commercial malls.

About Mardev Developments
Mardev Developments is a company with a long-standing history, established in 1989 and holding more than 35 years of experience in contracting and urban development. It emerged as a major real estate force from the union of three companies: El Marwa Real Estate Investment, El Marwa Urban Development, and Heliopolis for Contracting and Urban Development, which granted it broad execution capability and strong financial solvency that enabled it to deliver complex projects on schedule.
The company began its path in the contracting sector before gradually expanding into urban development in New Cairo, with its development arm handling project planning while its seasoned construction arm carried out execution. This operating model helped it transition from building for others to owning a diverse portfolio under its own name.
In its modern strategy, Mardev concentrated on areas with high investment returns, transferring its accumulated expertise in infrastructure and construction into integrated residential, commercial, and administrative projects aligned with Egypt’s Vision 2030, with a clear focus on the New Administrative Capital and New Cairo.
According to a New Zayed Projects report, Mardev’s investments across multiple locations in Egypt have exceeded around EGP 10.1 billion, reflecting the breadth of the company’s activity, which has extended from the residential and commercial sectors to social housing and government projects, relying on professional engineering teams that ensure execution to the highest international standards.
Mardev Board of Directors
Mardev Developments is managed by a board of directors comprising a select group of engineering and administrative talents who have accompanied the company since its founding, blending the expertise of the founding generation with the ideas of the new generation to ensure innovation in design and keep pace with technological advances in construction.
- Eng. Zohdy Zahran — Chairman of the Board, with over 40 years of experience in construction and urban development. He is regarded as one of the influential figures in the journey of El Marwa Contracting, and he views speed of learning and translating it into execution as the company’s most prominent competitive advantage.
- Eng. Asmaa Qandil — Vice Chairman of the Board, with more than 36 years of experience in mechanical engineering, having previously served as General Manager of the Greater Cairo Water Company.
- Eng. Ibrahim Zahran — Chief Executive Officer, with over 15 years of experience in architectural design and supervising the execution of major projects, having participated in delivering a number of complex developments.
The board bases its decisions on precise market studies and a team of consultants and experts, preserving the consistency of the company’s vision across its different generations and reinforcing its ability to deliver projects on their set timelines.
Mardev’s Development Philosophy
Mardev’s philosophy stems from delivering smart urban solutions that go beyond traditional building, integrating residential comfort, sustainability, and modern technology within fully serviced communities. This comes with a clear commitment to construction quality in materials and finishes and to agreed delivery dates, relying on engineering teams and consultants specialized in design and execution.
Mardev’s Vision
Mardev aspires to be the most trusted and innovative developer in Egypt by reshaping the concept of living and investment in the new cities through projects that combine luxury with lasting value, remaining the first choice for clients seeking long-term quality.
Mardev’s Objectives
- Strategic Expansion: strengthening presence in the New Administrative Capital with iconic, mixed-use projects.
- Urban Integration: delivering residential communities that provide all essential and recreational services in one place.
- Customer Satisfaction: building long-term relationships grounded in transparency and commitment to precise delivery dates.
- Environmental Sustainability: applying green building standards and energy-efficient technology across all projects.
- Construction Quality: maintaining the highest quality standards in materials and finishes to ensure a long lifespan for the units.
- Portfolio Diversity: balancing residential, commercial, and administrative projects to meet all market needs.
Mardev’s Strategic Partnerships
Mardev gained its execution strength from a unique model built on integration between its three entities, ensuring harmony across development stages from design to delivery. The company has also broadened its network of cooperation to include government bodies and execution and design partners throughout its extended history.
- Execution Partners: accumulated construction expertise carried over from El Marwa and Heliopolis in contracting and urban development.
- Design Partners: collaboration with consulting offices and specialized designers to produce contemporary architecture for its New Administrative Capital projects.
- Government Entities: a broad record of execution for the Armed Forces Engineering Authority and the New Urban Communities Authority in social housing projects.
- Public Facility Partners: delivery of major service projects including hospitals, schools, and judicial complexes in cooperation with specialized national bodies.
For inquiries about new investment partnerships with Mardev Developments, you can reach out via the Mardev hotline +201118183030 to obtain detailed information from the sales team.
Mardev’s Track Record
Mardev’s record spans multiple sectors that combine private development with government projects. The table below outlines its most prominent works:
| Project |
Location |
Type |
Status |
| Menorca Compound |
New Capital — R8 |
Residential |
Under construction |
| Menorca Villa Sheikh Zayed |
Sheikh Zayed |
Residential — Villas |
Under construction |
| Sky Light Mall |
New Capital — R7 |
Commercial & Administrative |
Under construction |
| Asgard Mall & Mardev Plaza |
New Capital — R7 |
Commercial |
Under construction |
| Residential Buildings |
El Shorouk City |
Residential (10 buildings) |
Delivered |
| 30 Villas & 9 Buildings |
Fifth Settlement, First Settlement & West Golf |
Residential — Villas & Buildings |
Delivered |
| Residential Towers |
El Waha District — Nasr City |
Residential (3 towers) |
Delivered |
| Social Housing & Sakan Misr |
Badr City |
Residential (multiple buildings) |
Delivered (2019) |
| Government & Service Projects |
Multiple governorates |
Hospitals, schools & a court complex |
Delivered |
This record reveals the breadth of Mardev’s expertise, combining luxury compounds in the New Administrative Capital and Sheikh Zayed, commercial malls, social housing projects in Badr City, and residential towers in El Waha District in Nasr City, alongside public facility projects including hospitals, schools, and the Zifta court complex spread across several governorates — a depth of execution experience that underpins its current developments.
Mardev’s Projects on Our Website
Mardev’s Projects in the New Administrative Capital
Menorca Compound is Mardev’s most prominent residential project, located in the eighth residential district R8, specifically on plot L4, over an area of approximately 17 acres with a building footprint not exceeding 19.5% in favor of green spaces and privacy. It comprises 17 residential buildings whose units vary between apartments, duplexes, and penthouses with areas from 125 to 277 square meters.
Unit prices in the project start from EGP 3,627,000 and exceed EGP 7,000,000 depending on area and type, with flexible payment plans reaching up to 10 years and interest-free. It is distinguished by its location near the Central Park, the Mohammed bin Zayed axis, the Government District, and the Financial District, making it a balanced choice between residential value and investment opportunity.
For inquiries about the latest prices and to book a viewing of any of Mardev’s projects, you can contact the Mardev sales number +201118183030 to receive price offers and installment schedules.
Advantages of Investing in Mardev’s Projects
- Flexible payment plans: installments of up to 10 years interest-free at Menorca Compound, easing the burden on buyers.
- Low building density: a building footprint not exceeding 19.5% grants the projects wide green spaces and higher residential and investment value.
- Strategic locations: a focus on the most in-demand districts of the New Administrative Capital (R7 and R8), close to main axes and government services.
- Diversity of uses: a portfolio combining residential, commercial, and administrative options, giving investors multiple choices within a single developer.
- Documented execution experience: a record extending over 35 years in contracting and development reinforces client confidence in on-time delivery and build quality.
To get the latest information about Mardev Developments projects, you can reach the dedicated sales team to inquire about prices, book viewings, and learn the details of the payment plans.
Mardev sales number: +201118183030 (Available daily from 10 AM to 10 PM)
Mardev hotline: +201118183030 (Available daily from 10 AM to 10 PM)
Mardev’s sales team offers a free real estate consultation that includes a quick analysis of the client’s needs and budget, recommending the most suitable project from the company’s portfolio, along with arranging on-site viewings of available units and presenting all financing and payment alternatives.
Why Choose Mardev’s Projects ?
Mardev Developments combines a legacy spanning more than 35 years in contracting and development, a diverse portfolio covering residential, commercial, and administrative segments, and flexible payment plans in strategic locations within the New Administrative Capital.
For client inquiries about the latest prices, available areas, and installment schedules, you can contact the Mardev sales number +201118183030 to obtain a comprehensive real estate consultation and view the units on the ground.