Nawassy Developments is one of the promising players in the Egyptian real estate market. The company was established as the development arm of ENCO Egypt, which began its journey in 1994.
Backed by a construction portfolio exceeding 125 completed projects, Nawassy has built a solid engineering foundation and operates under the leadership of Eng. Hossam Soliman, Chairman of the Board.
Specializing in integrated residential, commercial, and administrative developments, Nawassy Developments has strategically expanded across Egypt’s most prominent new cities, including El Shorouk City, New Cairo, and the New Administrative Capital, while also contributing to major national projects in Sharm El Sheikh.
The company’s portfolio ranges from premium residential compounds to large-scale mega malls, with residential unit prices starting from 6,000,000 EGP at Nest Compound. Buyers also benefit from flexible payment plans and a strategic partnership with Hassan Allam Group, enhancing the quality of project management and operations.
About Nawassy Developments
Nawassy Developments is an Egyptian real estate developer built upon a long-standing construction legacy. The company was established as the development arm of ENCO Egypt, a first-class contracting company founded in 1994.
This strong foundation has provided Nawassy with more than 20 years of construction and development expertise, enabling its successful transition from general contracting to delivering fully integrated real estate developments.
The company operates across residential, commercial, administrative, and educational sectors, leveraging ENCO’s engineering capabilities in executing large-scale and technically complex projects.
Its workforce includes more than 150 engineers, technicians, and specialists, supported by a network of over 130 key institutions and suppliers, reflecting the company’s extensive operational capacity and execution strength.
Although Nawassy is relatively new as a real estate developer, its affiliation with a well-established construction group has provided a strong platform for rapid growth and market presence across Egypt’s new cities.
Nawassy Developments carefully selects strategic land plots along major corridors, particularly Suez Road and Al Amal Axis, ensuring exceptional investment value for every project.
The company combines ENCO’s proven construction expertise with a modern investment vision that aligns with evolving market demands. Its strategic partnership with Hassan Allam Holding further enhances the management and operational efficiency of its flagship commercial developments.
Board of Directors of Nawassy Developments
The Board of Directors of Nawassy Developments is led by Eng. Hossam Soliman, who brings decades of engineering and management experience in the construction and real estate sectors. Under his leadership, the company has successfully extended ENCO Egypt’s legacy, building upon a distinguished family history in contracting and construction.
His management approach emphasizes execution precision and strict adherence to delivery schedules, strengthening the confidence of both governmental and private entities in awarding major projects to the company. Nawassy’s leadership team also includes a distinguished group of founding partners and executives, including:
- Eng. Hossam Soliman: Chairman of the Board and the driving force behind the company’s strategic vision.
- Eng. Ahmed Sherif: Co-founder and Board Member, contributing his expertise to overseeing development and execution operations.
- Eng. Amr Hassan: Acting Chief Commercial Officer, responsible for supervising the company’s commercial and investment projects.
- Executive Management Team: A highly experienced team specializing in engineering, marketing, and real estate finance.
The company’s management follows a philosophy centered on comprehensive excellence. Its mission goes beyond construction to creating sustainable value for urban communities while maintaining the highest standards of governance and transparency.
Nawassy also prioritizes partnerships with leading international and local consultancy firms to deliver real estate products that reflect the company’s reputation and heritage.
Nawassy Developments’ Philosophy
Nawassy Developments is committed to transforming prime locations into vibrant urban destinations by combining decades of construction expertise with the latest global architectural trends.
Before launching any project, the company conducts comprehensive market studies and collaborates with leading consultants and architects to ensure outstanding design quality, superior execution, and on-time delivery.
Vision of Nawassy Developments
Nawassy Developments aims to become the first choice for clients seeking quality and innovation across Egypt and the Middle East by transforming premium locations into integrated communities that deliver exceptional investment returns and an outstanding lifestyle through a blend of deep construction heritage and forward-looking architectural vision.
Goals of Nawassy Developments
- Environmental Sustainability: Adopting sustainable construction standards and green architecture across future developments.
- Customer Satisfaction: Ensuring on-time delivery while meeting all contracted specifications to build long-term trust.
- Supporting the National Economy: Contributing to national development projects and creating employment opportunities through large-scale construction activities.
- Strategic Expansion: Expanding its presence across fourth-generation cities, particularly the New Administrative Capital and El Shorouk City.
- Successful Partnerships: Continuing strategic alliances with leading organizations such as Hassan Allam to enhance project management and operational excellence.
- Diversified Investment Portfolio: Delivering a balanced mix of commercial mega malls, administrative, educational, and residential developments.
Nawassy Developments’ Strategic Partnerships
Nawassy Developments has established strategic alliances with some of Egypt’s most reputable organizations to ensure exceptional standards in development, management, and operations. Its most notable partnerships include:
- Hassan Allam Holding: A strategic development and management partner whose expertise ensures world-class operational standards across shopping malls and residential communities while providing investors with added confidence in the quality of every project.
- ENCO Egypt Construction Group: The company’s construction backbone, recognized for delivering major governmental and national projects, ensuring robust structural quality and superior execution.
- Engineering & Architectural Consultancy Firms: Collaborating with leading consultants and designers to create contemporary architectural concepts that maximize views, functionality, and design excellence.
- Property Management & Operations Partners: Working with specialized facility management companies to maximize operational efficiency and preserve long-term property value.
For inquiries regarding investment partnerships and cooperation opportunities with Nawassy Developments, you can contact the Nawassy hotline at +201118183030 to receive complete assistance from the sales team.
Previous Projects by Nawassy Developments
The portfolio of Nawassy Developments and its construction arm, ENCO Egypt, spans major residential, commercial, and national projects. Below are some of its most notable developments:
| Project |
Location |
Type |
Area |
Status |
| Nest Compound |
Sixth Settlement |
Residential |
51 acres |
Under Development |
| Three Sides Mall El Shorouk |
El Shorouk City |
Commercial |
On Suez Road |
Operational |
| Three Sides Mall New Cairo |
New Cairo |
Commercial & Administrative |
5 acres |
Completed |
| Shorouk Mega Mall |
El Shorouk City |
Commercial & Entertainment |
Large-scale Development |
Completed |
| King Salman International University |
Sharm El Sheikh |
National Educational Project |
25 acres |
Completed |
| Government District Commercial Center |
New Administrative Capital |
Commercial |
Within the Government District |
Completed |
| House of Quran |
New Administrative Capital |
Cultural & Religious |
Within Egypt Mosque Complex |
Completed |
| New Administrative Capital Gates |
New Administrative Capital |
Infrastructure & Landmarks |
3 Main Gates |
Completed |
| Government Ministries Buildings |
New Administrative Capital |
Smart Government Administrative |
Multi-story Buildings |
Completed |
This diverse portfolio highlights the company’s expertise across residential, commercial, and national developments, with projects spanning New Cairo, El Shorouk City, the New Administrative Capital, and Sharm El Sheikh. It reflects Nawassy’s ability to successfully manage projects of different scales and sectors.
Among the company’s flagship achievements is Three Sides Mall El Shorouk, recognized as the first mega mall located directly on Suez Road opposite Madinaty. With an extensive frontage overlooking the main axis, the project serves the growing populations of El Shorouk, Madinaty, and Mostakbal City.
Developed in partnership with Hassan Allam Group, the mall has progressed into the operational phase, demonstrating the company’s capability to deliver and manage large-scale commercial destinations.
Nawassy Developments Projects on Our Website
Our website provides comprehensive coverage of the latest projects by Nawassy Developments available for booking, including updated prices, unit sizes, and flexible payment plans. Below is the project currently featured:
Nawassy Developments Projects in New Cairo
Nest Compound marks the company’s flagship residential launch in the heart of the Sixth Settlement, New Cairo. The development extends across 51 acres, with more than 84% of the total area dedicated to green spaces, artificial lakes, and landscaped surroundings.
The project offers a wide range of residential units starting from 95 sqm, with prices starting from 6,000,000 EGP. Flexible payment plans begin with a 5% down payment and installments over 9 years, in addition to attractive cash discounts. Nest delivers an integrated residential experience that combines privacy, luxury, and a strategic location close to 90 Street, the New Administrative Capital, and Cairo International Airport.
For the latest unit prices offered by Nawassy Developments or to schedule a site visit to any of its projects, contact the Nawassy Sales Team at +201118183030.
Advantages of Investing in Nawassy Developments Projects
Backed by extensive construction expertise and strategic partnerships, Nawassy Developments offers investors a wide range of competitive advantages, including:
- Proven Delivery Record: The company and its construction arm have successfully completed numerous projects, providing tangible proof of their commitment to timely execution.
- Flexible Payment Plans: Low down payments and extended installments make residential and commercial units accessible to a wide range of investors.
- Superior Construction Quality: Every development benefits from ENCO Egypt’s extensive experience in delivering large-scale projects, ensuring robust construction standards and premium execution.
- World-Class Property Management: Through its partnership with Hassan Allam Group, the company delivers professional management and operations that enhance long-term investment returns.
- Strategic Locations: Projects are strategically positioned along major corridors such as Suez Road and 90 Street, offering excellent accessibility and strong long-term appreciation potential.
To receive the latest information about Nawassy Developments projects, you can get in touch with the dedicated sales team for inquiries about prices, book site visits, and learn more about the available payment plans for residential, commercial, and administrative units. Contact:
- Nawassy Sales Number: +201118183030 (Available daily from 10:00 AM to 10:00 PM)
- Nawassy Hotline: +201118183030 (Available daily from 10:00 AM to 10:00 PM)
The Nawassy sales team provides a complimentary real estate consultation designed to analyze each client’s budget and requirements before recommending the most suitable project from the company’s portfolio. The team also arranges on-site property tours and presents all available financing and payment options.
Why Choose Nawassy Developments Projects ?
Nawassy Developments combines a distinguished construction legacy inherited from ENCO Egypt with strategic locations along Egypt’s most important main roads and a strong partnership with Hassan Allam Group that enhances project management and operations.
This unique combination enables the company to deliver an outstanding portfolio of premium residential compounds and large-scale commercial developments.
For the latest prices, available unit sizes, and installment schedules, you can contact the Nawassy Sales Team at +201118183030 to receive a comprehensive real estate consultation and arrange an on-site visit.
