Olyan Group Developments is one of the most established real estate and investment entities in Saudi Arabia, with roots tracing back to Olayan Group, one of the largest private conglomerates in the Middle East. The group was founded in 1947 by Sheikh Suliman Saleh Olayan, accumulating over 79 years of experience across multiple sectors.
Olayan Group’s activities began in transportation, logistics, and contracting before expanding into real estate development and investment. Today, the group operates through a network of more than 40 companies across various markets.
The Soma Bay village on the Red Sea coast in Hurghada stands as the company’s flagship coastal destination in Egypt, offering luxurious residential and hotel units with prices starting from around EGP 8 million for chalets, reaching over EGP 61 million for standalone villas, targeting clients seeking luxury, comfort, and investment security.
Olyan Group Developments is the real estate arm that emerged from the Saudi Olayan Group.
The group was founded in 1947 by Sheikh Suliman Saleh Olayan, starting from a limited transportation and trucking business before gradually evolving into a multinational economic conglomerate encompassing a network of companies operating in distribution, manufacturing, financial services, and real estate.
As the group expanded its activities, it channeled its accumulated expertise toward the real estate development sector, building integrated destinations that blend international standards with local character.
In the Egyptian market, the group focused on premium coastal destinations, most notably its flagship destination in Hurghada on the Red Sea coast, while maintaining its real estate presence in the Saudi market through established residential and commercial projects.
Olyan draws its strength from the financial foundation of its parent group, which grants its real estate projects stability and the capacity to sustain development and operations over the long term.
The company also relies on partnerships with global development and operations entities to manage its hotel and tourism assets, offering clients a complete residential and investment experience built on a longstanding name that has earned the trust of numerous markets for decades.
The group’s legacy extends beyond the scale of its investments to an institutional philosophy rooted across generations, grounded in management discipline and a commitment to quality and reliability.
These values have carried through to its real estate operations, making it a trusted partner for clients seeking units with stable investment value in prime locations (directly on the sea).
The management structure of Olyan Group Developments is built on a philosophy of separating ownership from management, a principle established by founder Sheikh Suliman Saleh Olayan and maintained by the group through the smooth transition of leadership to succeeding generations.
Among the group’s most prominent figures is Lubna Al Olyan, one of the leading figures in Olayan Group and one of the most influential business personalities in the region.
On the operational level for the company’s Hurghada destination, management is handled by Soma Bay Development Company, led by CEO Eng. Ibrahim El-Masry, who directs the destination’s development strategy and the operation of its hotel assets, while the board focuses on forming partnerships with leading engineering consultancy firms to ensure excellence in both design and execution.
Olyan Group Developments adopts an approach centered on developing complete destinations rather than mere residential units.
The company carefully selects strategic locations with natural and investment value, then develops them in collaboration with a select group of international consultants, designers, and operators, with full commitment to the quality and delivery standards that have built the group’s reputation over decades.
Olyan Group Developments aspires to be among the most trusted developers in the region by building sustainable urban communities that go beyond traditional housing to offer a complete lifestyle, leveraging its longstanding expertise to craft real estate destinations that blend authenticity with modernity while preserving long-term investment value.
The strength of Olyan Group Developments in executing its destinations rests on a network of strategic partnerships with established investment, development, and operations entities that combine expertise, execution capability, and international hospitality management. Below are the most notable of these partnerships:
For inquiries about investment partnerships with Olyan Group, you can reach the Olyan Group hotline at +201118183030 and get detailed information from the sales team.
| Project | Location | Type | Area | Status |
|---|---|---|---|---|
| Soma Bay Village | Hurghada – Red Sea | Integrated Tourist Resort | 2,471 feddans | Under Development (delivered phases) |
| Kempinski Hotel Soma Bay | Hurghada | 5-Star Hotel | — | Operational |
| Cascades Golf Resort | Hurghada | Resort & Golf Courses | — | Operational |
| Robinson Club Soma Bay | Hurghada | Coastal Resort | — | Operational |
| The Breakers Lodge | Hurghada | Diving & Watersports Resort | — | Operational |
| Al Bustan Village | Khobar – Saudi Arabia | Residential & Commercial | — | Delivered |
Olyan Group Developments’ track record reveals a strong focus on premium coastal destinations along the Red Sea, alongside its real estate presence in the Saudi market, backed by a genuine operational portfolio that includes a series of international hotels and resorts reflecting the company’s development and operational capabilities.
Soma Bay Village is Olyan Group’s flagship destination on the Red Sea coast, extending across a peninsula overlooking the sea from three sides with a shoreline stretching approximately 11 km. It offers a mix of chalets, townhouses, twin houses, and standalone villas alongside international hotels and resorts.
Soma Bay Village offers units starting from around EGP 8 million for select chalets, reaching over EGP 61 million for select standalone villas, with payment plans starting from a 5% down payment and installment periods extending up to 7 years.
To inquire about the latest unit prices at Olyan Group and book a viewing for any of its projects, you can contact the Olyan Group sales number at +201118183030.
Olyan Group Developments’ projects carry several factors that make them an attractive destination for investors, most notably:
To get the latest information on Olyan Group’s projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn about available payment plan details. Call now at:
Olyan Group’s sales team offers a free real estate consultation that includes an analysis of the client’s needs, an understanding of their budget, and recommending the most suitable unit from the company’s portfolio, alongside scheduling on-site viewings of available units and presenting all financing and payment alternatives.
Olyan Group Developments combines a decades-long investment legacy, a prime location on the Red Sea coast, and an international hospitality infrastructure that supports unit value and returns.
For inquiries about the latest prices, available areas, and installment schedules, you can contact the Olyan Group sales number at +201118183030 and receive a comprehensive real estate consultation along with an on-site viewing of the units.
