Naia Developments

Naia Developments is one of the real estate entities that entered the Egyptian market with a rapid expansion strategy under the leadership of Eng. Hisham El-Dannasoury, accumulating investments exceeding EGP 19 billion within just a few years, distributed between residential development in West Cairo and coastal development on the Mediterranean Sea.

The company currently operates through two major projects: Naia West in New Zayed and Naia Bay in Ras El Hekma on the North Coast, offering a portfolio of units that includes apartments, townhouses, twin houses, standalone villas, and chalets, with prices starting from EGP 8,000,000 for coastal units and EGP 10,126,000 for residential units, with payment plans extending up to 15 years.

About Naia Developments

Naia Developments was established in 2021 at a time when the Egyptian real estate market was undergoing a major shift toward integrated communities and high-service coastal resorts. The company chose to begin its journey from the coast before the city, an uncommon decision among new developers who typically prefer to start with a lower-risk residential project.

The name itself reflects the company’s identity, as it was inspired by water nymphs in Mediterranean mythology, a direct reference to the company’s connection to water and water features, which have become a key element in the planning of its projects, whether through crystal lagoons and sandy lagoons or direct sea views.

The company owns a land portfolio spanning 250 acres distributed between West Cairo and the Ras El Hekma area. This is a relatively large land bank considering the company’s age, allowing it to pursue two parallel development tracks instead of focusing on one project before moving on to the next.

The company’s activities are distributed between residential development in Sheikh Zayed projects and compounds and coastal development on the North Coast, in addition to entering the hospitality sector through an international hotel operating partnership. This makes its portfolio closer to a mixed-use developer model than that of a traditional residential developer.

According to real estate market reports, Naia’s administrative and technical structure is supported by the previous experience of a real estate entity operating in the Egyptian market, which explains the company’s rapid transition from the establishment phase to actual on-ground execution within a relatively short period.

The company has also announced plans to expand its activities toward East Cairo in the coming phase, while studying new locations that would allow it to replicate the model implemented in New Zayed, keeping its expansion driven by execution capabilities rather than ambition alone.

Naia Developments Board of Directors

Naia Developments is led by a management team with a strong commercial and marketing background, which is reflected in the way its projects are introduced to the market:

• Eng. Hisham El-Dannasoury — Founder, Chairman, and CEO of the company, responsible for strategic decisions related to expansion and international partnerships.
• Eng. Mohamed Farag — Vice Chairman for the Commercial Sector, overseeing sales and monitoring compliance with execution and delivery schedules.

This lean management structure gives the company greater flexibility in decision-making, as major matters such as appointing consultants or launching a new phase pass through only a limited number of administrative levels.

Naia Developments’ Real Estate Development Philosophy

The company’s philosophy is based on the idea that a real estate project is not simply a residential unit within a gated community, but rather a complete living experience that begins with site selection and continues beyond handover.

Accordingly, Naia relies on the principle of reducing building density in favor of open spaces and water features, allowing units in the inner rows to enjoy views that are almost comparable to those of the front rows.

At the execution level, the company works with specialized experts at each stage rather than relying on a single in-house team. It has assigned architectural design and engineering supervision to consultant RMC Raafat Miller, while interior finishing works for the luxury phases have been assigned to a specialized design house. This approach increases costs but protects the quality of the final product.

Naia Developments’ Vision

The company’s vision is centered on redefining residential values in the Egyptian market by combining comfort and practicality on one hand with authenticity and ambition on the other, while developing sustainable and integrated communities that extend from primary residences to second homes and deliver greater value to customers, partners, and investors alike.

Naia Developments’ Objectives

• Increase the volume of investments executed in the Egyptian market during the coming phase by injecting additional investments into existing projects.
• Complete the development of its entire 250-acre land portfolio instead of retaining part of it as an undeveloped asset.
• Adhere to delivery schedules as the primary benchmark for evaluating any new developer in the market.
• Expand geographically toward East Cairo to reach a new segment of customers beyond West Cairo.
• Deepen partnerships with global hospitality and technology brands to enhance the market value of units after handover.
• Develop a coastal product capable of operating year-round rather than only during the summer season.

Naia Developments’ Strategic Partnerships

International partnerships represent one of the key strengths of Naia Developments, as the company has succeeded in attracting global names to its projects at an early stage of its development:

• Accor Group — One of the world’s leading hospitality groups, with which the company signed an agreement to operate the Swissôtel hotel and Swissôtel Residences within Naia Bay in Ras El Hekma. The agreement includes restaurants, a spa, a beach club, and conference facilities.
• RMC Raafat Miller Engineering Consultancy — One of the region’s leading design and engineering consultancy firms, responsible for architectural design and execution supervision across the company’s projects.
• Kyme Alchemy — A specialized interior design and decoration firm entrusted with finishing works for the units in the luxury residential phase of Naia West.
• Vodafone Egypt — A technology partner providing Triple Play services across the projects, including high-speed fiber-optic internet, landline services, and digital television.

What stands out about these partnerships is their distribution across four different areas: hotel operations, architectural design, interior finishing, and digital infrastructure. This distribution reflects the company’s desire to cover every element of the resident’s experience rather than focusing solely on construction.

For inquiries about the details of these partnerships and their impact on unit specifications within Naia Developments projects, you can contact the Naia Developments Hotline at ‎+201118183030 to obtain detailed information from the sales team.

Naia Developments’ Track Record

The table shows that the company operates across two complementary fronts: residential development in West Cairo and coastal development on the Mediterranean Sea, with sub-phases within each project allowing for product diversification without spreading resources across widely separated locations.

Naia Developments Projects on Our Website

Naia Projects in Sheikh Zayed

Naia West is located in the heart of New Zayed at Kilometer 42 of the Cairo–Alexandria Desert Road, just minutes from Sphinx International Airport and the 26th of July Corridor. It offers apartments, townhouses, twin houses, and standalone villas with areas starting from 95 sqm.

Unit prices start from EGP 10,126,000, with a down payment starting from zero percent and installments extending for up to 15 years, making it one of the longest payment plans currently available in the area.

The project’s main distinguishing feature is its low building ratio compared to the green spaces and water features, in addition to a clubhouse spanning more than six thousand square meters, making it a destination suitable for families seeking relative tranquility while remaining close to services.

For those comparing the available alternatives in the same area, New Zayed and its surrounding neighborhoods include several strong projects such as Azha New Zayed Compound and Beginnings New Zayed Compound, along with T Pearl New Zayed Compound and Sphinx Sheikh Zayed Compound near the same corridor. West Leaves Sheikh Zayed Compound is also an alternative for those who prefer smaller spaces.

Naia Projects on the North Coast

Naia Bay is located at Kilometer 212 of the Alexandria–Marsa Matrouh Road in the heart of Ras El Hekma Bay, featuring a private sandy beach extending approximately 300 meters with turquoise waters. The project offers chalets, townhouses, twin houses, and standalone villas, with areas starting from 65 sqm for chalets.

Unit prices in the village start from EGP 8,000,000, with a 10% down payment and installments extending up to 8 years. The project is centered around a sandy crystal lagoon that provides inner rows with water views, in addition to the seaside promenade, commercial area, and global hotel operation, which enhances the long-term value of the unit.

Ras El Hekma Bay is home to a number of competing projects that can be compared with Naia’s product, including Fouka Bay Village and La Vista Ras El Hekma, in addition to Mountain View Ras El Hekma and Playa Ras El Hekma Village. For those looking for a project with a comparable service level, there is also Hacienda Ras El Hekma Village and Wadi Yemm Ras El Hekma.

For inquiries about the latest prices and to book a viewing for any of Naia Developments‘ projects, you can contact the Naia Developments Sales Number at ‎+201118183030 to receive current price offers and available installment schedules.

Investment Advantages of Naia Developments Projects

• Longest payment period within its price segment: Naia West offers a payment plan extending up to 15 years with a down payment starting from zero percent. This system reduces the buyer’s initial cash burden and keeps the gap between the installment value and annual rent relatively limited.
• Significant progress in execution: The company announced that approximately 90% of the first phase of Naia West has been completed, with handovers beginning during the current year. This is a tangible indicator of adherence to the timeline rather than merely a marketing promise.
• Global hotel operation in the coastal project: The presence of an international hospitality brand within Naia Bay opens the door to an organized unit management and rental system, which increases rental returns and reduces reliance on individual seasonal rentals.
• Location in an area with rising demand: The company’s coastal project is located within Ras El Hekma Bay, which has witnessed significant investment interest in recent years, positively affecting resale value.
• Variety of unit sizes: Units start from 65 sqm on the North Coast and from 95 sqm in New Zayed, providing access to different investment segments with varying capital requirements.

Contact Naia Developments

To obtain the latest information about Naia Developments projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn about the payment plans available for each phase.

• Naia Developments Sales Number: ‎+201118183030 (Available daily from 10 AM to 10 PM)
• Naia Developments Hotline: ‎+201118183030 (Available daily from 10 AM to 10 PM)

Naia’s sales team provides a free real estate consultation that includes a quick analysis of the client’s needs and budget, recommendations for the most suitable project within the company’s portfolio, as well as on-site viewings of available units and a presentation of all financing and payment alternatives.

Why Choose Naia Developments Projects ?

Naia Developments combines three elements that are difficult to find together among a newly established developer: operational and design partnerships with global names, tangible on-ground execution progress ahead of announced delivery dates, and a product portfolio covering both primary and second homes across West Cairo and Ras El Hekma Bay.

For those interested in learning about the latest prices, available unit sizes, and installment schedules across the company’s projects, you can contact the Naia Developments Sales Number at ‎+201118183030 to receive a comprehensive real estate consultation and arrange an on-site viewing of the available units.