New Event Developments is an Arab real estate entity whose track record spans more than 12 years of operation across the United Arab Emirates, where it delivered a portfolio of over 150 projects between Abu Dhabi and other Emirates before turning its attention to the Egyptian market in 2014 and adopting the New Administrative Capital as its primary launchpad.
The company operates under the chairmanship of Dr. Hamid Al-Rajwi, the Yemeni businessman honored with the Knight of Achievement Order in Real Estate Development across the Middle East and North Africa for 2022, and has launched 4 projects in Egypt spanning residential, commercial, and administrative use, with prices starting from EGP 2,331,000 for the most affordable residential unit inside Layal Compound.
New Event Developments
Compare New Event Developments projects and discover the latest prices
New Event Developments was established in the United Arab Emirates by a group of Arab investors who recognized the Emirati market as a fertile ground for building a specialized real estate entity capable of competing at the regional level. Over more than a decade of continuous operation, the company built a strong reputation across Abu Dhabi and other Emirati cities through large-scale residential and commercial projects executed in collaboration with established construction firms.
The company is led by Yemeni businessman Dr. Hamid Al-Rajwi, who brings over a decade of accumulated experience in real estate development across the Gulf Cooperation Council markets. His leadership has given the company a distinctly pan-Arab dimension that blends Gulf-based execution expertise with a clear understanding of local Egyptian market needs, supported by a team of consultants and engineers who work to align every project with leading international engineering standards.
When the company decided to expand beyond the Emirates, it selected the New Administrative Capital as its entry point into the Egyptian market, driven by the conviction that this city represents one of the most promising real estate hubs in the region with significant long-term investment potential. The company launched 4 diverse projects there spanning commercial, administrative, and residential use, making it one of the few developers with a truly multi-sector presence in one of the most advanced fourth-generation cities.
New Event Developments operates across several real estate verticals beyond unit sales, with activity spanning residential properties, retail malls, administrative units, and facility management within its developments. The company holds an extensive land bank across the Middle East that gives it considerable flexibility to launch new projects whenever market conditions allow, which has helped it maintain a steady growth rate in its portfolio without compromising the quality of the final product delivered to clients.
The company’s strategy within the Egyptian market rests on three core pillars: a focus on strategic locations with rising investment value, portfolio diversification across residential, commercial, and administrative segments to reduce risk and stabilize revenue streams, and long-term engineering and operational partnerships that safeguard build quality and post-handover performance. This three-pronged approach is what has earned the brand the trust of a broad base of Egyptian and Arab clients seeking secure investment opportunities.
The leadership team at New Event Developments brings together Gulf-based real estate expertise and Egyptian sales management capability, with two key figures at the helm:
The philosophy at New Event Developments centers on delivering integrated communities that create tangible value for the client, rather than isolated units sold in volume. From the initial land selection stage, the company places extraordinary emphasis on geographic positioning, proximity to main road axes, and the availability of essential services in the surrounding area, recognizing that location is the single most important factor that determines a unit’s long-term investment value.
The company adopts a contemporary architectural approach across its projects that combines modern engineering lines with smart spatial distribution, while reserving the largest share of every project’s footprint for green areas and amenities. Built-up coverage is kept between 20% and 30% of total project area, which produces a low-density living environment that gives residents high privacy and open views.
The vision of New Event Developments is to maintain world-class quality when developing investment opportunities, while delivering well-considered real estate solutions at both the local and regional levels. The company aims to position itself among the leading players in the Egyptian market by providing the strongest possible return on investment for its clients.
The company has set out a series of strategic objectives that it is working to achieve in the Egyptian market over the medium and long term, including:
Since entering the Egyptian market, New Event Developments has built a strong network of partnerships with leading engineering and operational firms, working from the principle that the quality of the final product depends heavily on the caliber of the teams involved in every phase of execution. The most prominent of these partnerships include:
New Event Developments has earned a number of recognitions that reflect its standing in the Middle East real estate market. The most notable include the Knight of Achievement Order in Real Estate Development, awarded to Chairman Dr. Hamid Al-Rajwi in 2022 by Emirates Investments Magazine under the patronage of Sheikh Salem bin Sultan Al Qasimi, and the Most Credible Company Shield for the same year. Both honors were received during the sixth edition of the Emirates Investments Magazine Awards held at Atlantis The Palm in Dubai.
For inquiries about new investment partnerships with New Event Developments, you can reach out via the New Event Developments hotline +201118183030 to receive detailed information from the sales team.
New Event Developments holds a diverse project portfolio distributed across both the Emirati and Egyptian markets. The table below highlights the company’s most notable work, reflecting the diversity of its activity across residential, commercial, and administrative segments:
| Project | Location | Type | Area | Status |
|---|---|---|---|---|
| Layal Compound | New Administrative Capital – R8 | Residential | Units from 115 m² | Under construction |
| Qamari Compound | New Administrative Capital – R8 | Residential | 25 acres | Under construction |
| Trave Mall | New Administrative Capital – Downtown | Commercial & Administrative | 4,511 m² | Under construction |
| H Mall | New Administrative Capital – Downtown | Commercial & Administrative | 4,700 m² | Under construction |
| Abu Dhabi & UAE Projects | Abu Dhabi and other Emirati cities | Residential & Commercial | Extensive portfolio | Delivered |
New Event Developments has adopted a deliberate diversification strategy between residential and commercial, with its four projects inside the New Administrative Capital covering a wide spectrum of client needs, from buyers seeking a quiet residential unit in the heart of the R8 district, to investors targeting administrative or retail units in the high-traffic Downtown area.
Book a viewing of a New Event Developments project in the New Administrative Capital
The following paragraphs outline the most prominent New Event Developments projects inside the New Administrative Capital, including prices, unit sizes, and payment plans, with direct links to project pages where full details can be reviewed:
Layal Compound: The latest residential project from New Event Developments in the heart of the New Administrative Capital, offering units with sizes starting from 115 m², at competitive prices starting from EGP 2,331,000, with a flexible payment plan extending up to 12 years and a 2.5% down payment. The project is well suited for buyers seeking a family unit inside a fully serviced community within the R8 district.
Qamari Compound: A premium residential project located in the R8 district on plot C1, directly facing the Diplomatic Quarter. The development spans 25 acres, with 80% of the area allocated to landscaping and amenities. It features architectural design by Eng. Yasser El Beltagy, with units ranging from one to four-bedroom apartments alongside duplex options, available with a payment plan of up to 10 years and a 10% down payment.
Alongside the two residential projects, New Event Developments also operates two commercial developments inside the Downtown district: Trave Mall, which consists of three L-shaped buildings connected by bridges across 4,511 m² with payment plans extending up to 15 years, and H Mall, designed in the shape of the letter H across 4,700 m² with direct views over the Central Park. The full project list is updated on the platform whenever new launches are announced by the company.
To inquire about the latest prices and book a viewing for any of the New Event Developments projects, you can reach out to the New Event Developments sales number +201118183030 for pricing and installment schedules.
Discover the latest prices of New Event Developments projects in the New Administrative Capital
For the latest information about New Event Developments projects, you can reach the dedicated sales team for inquiries about pricing, viewings, and payment plans available across the residential, commercial, and administrative units inside the New Administrative Capital.
New Event Developments sales number: +201118183030
Available daily from 10:00 AM to 10:00 PM
New Event Developments hotline: +201118183030
Available daily from 10:00 AM to 10:00 PM
The New Event Developments sales team provides a complimentary real estate consultation that includes a quick analysis of the client’s needs and budget, the recommendation of the most suitable project among the company’s four developments inside the New Administrative Capital, on-site viewings of available units, and an overview of all flexible financing and payment alternatives.
New Event Developments brings together more than a decade of Gulf-based experience, a network of engineering and operational partnerships with leading Egyptian firms, and a diversified portfolio of residential and commercial projects inside the New Administrative Capital with payment plans extending up to 15 years. To inquire about the latest prices and book viewings of available units in Layal Compound, Qamari Compound, or the commercial projects, you can reach the New Event Developments sales number +201118183030 for a comprehensive real estate consultation and on-site unit viewings.
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