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Radix Development

Radix Development
Radix Development, a Saudi-based company, has established a strong presence in the Egyptian market since entering in 2018. It boasts a 65-year investment legacy spanning the construction and investment sectors in Saudi Arabia and the Gulf region. Its Egyptian portfolio includes more than four residential, commercial, administrative, and medical projects in the New Administrative Capital and New Cairo.
Ray Residence Compound New Capital by Radix Development New Capital
Ray Residence Compound New Capital by Radix Development
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Start Price
4,446,750 EGP
10% Down Payment 12 Years Installments
Radix Agile Business Complex 2026 by Radix Developments New Capital
Radix Agile Business Complex 2026 by Radix Developments
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Start Price
3,480,400 EGP
10% Down Payment 12 Years Installments
Spinner Mall New Capital by Radix Developments New Capital
Spinner Mall New Capital by Radix Developments
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Start Price
3,857,000 EGP
0% Down Payment 10 Years Installments
Contents
  • - About Radix Development
  • - Radix Development’s Board of Directors
  • - Radix Development’s Philosophy
  • -- Radix Development’s Vision
  • -- Radix Development’s Objectives
  • - Radix Development’s Strategic Partnerships
  • - Radix Development’s Track Record
  • - Radix Development’s Projects on Our Website
  • -- Radix Development’s Projects in the New Administrative Capital
  • - Advantages of Investing in Radix Development’s Projects
  • - Contact Radix Development
  • - Why Choose Radix Development’s Projects ?

Radix Development is a Saudi brand that has established its presence in the Egyptian market since entering in 2018, backed by an investment legacy of over 65 years spanning construction and investment sectors in the Kingdom of Saudi Arabia and the Gulf region, operating as the real estate arm of Mowafak Holding under the leadership of Chairman and founder Salman bin Khalil Al-Sabaan.

The company began its Egyptian journey under the name Al-Salmaniya Real Estate Development, before transforming into the Radix brand to lead its major projects in the New Administrative Capital and New Cairo.

Its portfolio includes more than 4 residential, commercial, administrative, and medical projects, with prices starting from approximately EGP 3.4 million, targeting clients seeking quality and secure investment in Egypt’s newest cities.

Radix Development

About Radix Development

Radix Development belongs to the Saudi Mowafak Holding Group, which was established in 1965, with Radix becoming its real estate front in Egypt after the group entered the local market in 2018 through the establishment of Al-Salmaniya Real Estate Development.

The entity later evolved to carry the Radix brand as its activities expanded toward major projects in fourth-generation cities.

Over the decades, the parent group has built a diverse range of activities extending from contracting and construction to trade, property management, and industries related to the construction sector within the Kingdom of Saudi Arabia and the Gulf states, which has provided its Egyptian arm with strong financial capabilities and execution experience, enabling it to launch its projects rapidly while maintaining commitment to delivery timelines.

The group’s track record in the Saudi and Gulf markets includes a number of major commercial projects, malls, and administrative towers, alongside a presence outside the Kingdom in Bahrain — an accumulated track record that gave the Radix brand instant credibility and client trust upon entering the Egyptian market, and allowed it to transfer the design and operational standards the group had acquired to its projects in Egypt.

Radix focused its launch on New Cairo, specifically in Fifth Settlement and Beit Al Watan, before expanding toward the New Administrative Capital, where it launched its first commercial, administrative, and medical complex, concentrating its current portfolio between these two areas with a mix of luxury residential compounds and commercial and administrative malls.

The company relies on a team that combines Saudi and Egyptian expertise, led by Chairman and founder Salman bin Khalil Al-Sabaan alongside a group of executives in engineering, urban planning, and management.

Its portfolio includes more than 4 major projects under development and operation, with plans to increase its investments in the Egyptian market in the coming years based on client trust and the quality of the real estate product it offers.

Radix Development’s Board of Directors

The Board of Directors of Radix Development draws its strength from combining the extensive Gulf experience of Mowafak Holding Group with an understanding of the requirements of the Egyptian real estate market, bringing together a group of Saudi and Egyptian leaders who establish a philosophy based on commitment to quality standards and execution timelines.

The most notable of these figures include:

  • Samir Shehata – General Manager: Oversees operational management and coordination of work across different sectors.
  • Karim El-Gendy – Chief Commercial Officer (CCO): Leads marketing and sales plans and develops relationships with clients and investors.
  • Mohamed Salah – CEO of Radix: Responsible for managing the company’s operations and executing its projects in the Administrative Capital and New Cairo.
  • Ahmed Zaghloul – Founder and CEO of Al-Salmaniya: Oversees the Egyptian entity that owns the brand and directs its investment plans.
  • Salman bin Khalil Al-Sabaan – Chairman and Founder: Leads the group’s overall strategic direction and its expansion vision in the Egyptian market.

This leadership structure reflects the company’s commitment to applying governance and transparency systems in its dealings, which has supported its credibility with clients and relevant parties in the Egyptian market.

Radix Development’s Philosophy

Radix adopts a development philosophy based on delivering genuine real estate value to clients rather than settling for quantitative offerings, focusing on selecting strategic locations within the Administrative Capital and New Cairo, and designing fully-serviced communities that balance carefully studied density with open spaces.

The company implements this philosophy by collaborating with major engineering and architectural consultancy firms, including ARCHRETE, which participated in the design of Ray Residence Compound, along with the International Engineering Consultancy Company (IEC), ensuring that projects are delivered with global finishing and quality standards while adhering to agreed timelines.

Radix Development’s Vision

Radix aspires to be among the most trusted developers in the Egyptian market by combining Saudi expertise with promising investment opportunities in Egypt, with ambitions to deliver smart, sustainable urban communities by 2030 that meet the aspirations of future generations and achieve the highest standards of comfort.

Radix Development’s Objectives

  • Quality Meeting Global Standards: Delivering a real estate product with high design and finishing standards.
  • Commitment to Delivery Timelines: Building long-term trust through transparency and accurate scheduling.
  • Geographic Expansion: Studying new investment opportunities in fourth-generation cities and promising areas.
  • Sustainability and Technology: Applying green building standards and smart management solutions in project operations.
  • Maximizing Investment Returns: Offering units that achieve competitive returns for clients through resale or rental.
  • Leadership in the Administrative Capital: Establishing the company’s position as one of the top 5 developers in the New Administrative Capital.

Radix Development’s Strategic Partnerships

Radix has built a network of partnerships that have added a distinctive engineering and architectural touch to its projects and ensured quality in execution and operation, with the most notable including:

  • Mowafak Operations and Management Company: The specialized arm for managing and operating commercial centers and malls to ensure the continued success of the investment.
  • International Engineering Consultancy Company (IEC): A French firm specialized in engineering designs for commercial, administrative, and medical projects.
  • ARCHRETE: An engineering and architectural consultancy firm, and design partner for the Ray Residence Compound project in the Administrative Capital.
  • Network of Execution and Finishing Partners: A group of contracting, finishing, and supply companies the company collaborates with to complete its projects according to set schedules.

To inquire about new investment partnerships with Radix Development, you can contact Radix’s hotline at ‎+201118183030 and obtain detailed information from the sales team.

Radix Development’s Track Record

Radix’s portfolio combines location-based projects with others in New Cairo. The table below shows the company’s most notable projects along with their locations, areas, and status:

Project Location Type Area Status
Ray Residence Compound New Administrative Capital – R8 Residential 27 feddans Under delivery
Radix Agile Mall New Administrative Capital – Downtown MU23 Commercial / Administrative / Medical 7,500 sqm Delivered
Spinner Mall New Administrative Capital – MU23, Al Amal Axis Commercial / Administrative / Medical 10,742 sqm Under construction
Radix Palace New Cairo Residential Units from 150 sqm Immediate / near delivery
Radix Royal New Cairo – Fifth Settlement Residential Units from 160 sqm Ready for viewing
Beit Al Watan Projects New Cairo – Fifth Settlement Residential Units from 120 sqm Various delivery dates
Radix Complex Under planning Commercial / Administrative Flexible spaces Being determined

This portfolio reveals the diversity of Radix’s products across residential, commercial, administrative, and medical offerings, with a geographic focus on the Administrative Capital and New Cairo, giving investors different options that meet their various needs.

Radix Development’s Projects on Our Website

The following section presents Radix’s projects available on our website in the New Administrative Capital, along with the key details of each project.

Radix Development’s Projects in the New Administrative Capital

Ray Residence Compound: A residential icon in the eighth district R8, spanning 27 feddans, near the Diplomatic District and Mohamed bin Zayed Axis, with the largest portion of its area allocated to lakes and green spaces. It includes apartments and duplexes with areas starting from 50 sqm, with a down payment starting from 10% and installments extending up to 12 years, with prices starting from EGP 4.4 million.

Ray Residence Compound

Radix Agile Mall: A fully integrated commercial, administrative, and medical complex in the Downtown MU23 area near Al Amal Axis and the Sports City, featuring glass facades, with an area of approximately 7,500 sqm including shops, offices, and clinics with areas starting from 35 sqm, with a down payment starting from 10% and installments extending up to 12 years (Delivered).

Radix Agile Mall

Spinner Mall: Radix’s latest project in plot E8 in the MU23 area, directly on Al Amal Axis, consisting of three specialized buildings; a commercial building, an administrative building overlooking the main square, and a third for medical clinics overlooking the central hospital, with a total area of 10,742 sqm and units starting from 38 sqm, with a down payment starting from 0% and installments extending up to 10 years, with prices starting from EGP 3,857,000.

Spinner Mall New Administrative Capital

To inquire about the latest prices, installment plans, and to book a viewing for any of Radix Development’s projects, you can contact Radix’s sales number at ‎+201118183030.

Advantages of Investing in Radix Development’s Projects

  • Diverse Real Estate Product: A portfolio combining residential, commercial, administrative, and medical units.
  • Strong Financial Base: The company’s backing by a well-established Saudi group increases its ability to commit to project timelines.
  • Strategic Locations: Projects concentrated in R8 and the MU23 area on Al Amal Axis and Downtown provide investment value and promising rental returns.
  • Rising Market Value: The company’s focus on areas with urban growth within the Administrative Capital supports increasing unit value over the medium and long term.
  • Flexible Payment Plans: Low down payments (sometimes with no down payment) and installments extending up to 12 years in some projects, reducing the cash burden on investors.

Contact Radix Development

To get the latest information on Radix’s projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn about the payment plans available in the Administrative Capital and New Cairo. Call now at:

  • Radix’s Sales Number: ‎+201118183030 (Available daily from 10 AM to 10 PM)
  • Radix’s Hotline: ‎+201118183030 (Available daily from 10 AM to 10 PM)

Radix’s sales team offers a free real estate consultation that includes an analysis of the client’s needs and budget, followed by recommending the most suitable project from the company’s portfolio, along with providing field viewings of available units and presenting all financing and payment alternatives.

Why Choose Radix Development’s Projects ?

Radix Development combines a well-established Saudi legacy, strategic locations in Egypt’s most important new cities, and a diverse portfolio with flexible payment plans suited to both housing and investment.

To inquire about the latest prices and installment plans, you can contact Radix’s sales number at ‎+201118183030 and receive a comprehensive real estate consultation and view the units on-site.

Frequently Asked Questions
Who founded Radix Development ?
Radix Development is the real estate arm of the Saudi-based Mowafak Holding Group. Its board of directors is chaired by founder Salman bin Khalil Al-Sab’an, along with Ahmed Zaghloul, founder and CEO of Al-Salmania Company, and Mohamed Salah, CEO of Radix. The company entered the Egyptian market in 2018.
What are Radix Development’s projects ?
Radix Development has a diverse portfolio, most notably the Ray Residence compound, Radix Agile Mall, and Spinner Mall in the New Administrative Capital, in addition to the Radix Palace and Radix Royal projects, and the Beit Al Watan chain in New Cairo.
Where are Radix Development’s projects located ?
Radix's current projects are concentrated in two main areas: the New Administrative Capital (R8 District and MU23) and New Cairo (Fifth Settlement and Beit Al Watan), strategic locations close to major thoroughfares.
Is Radix Development reliable ?
Radix is ​​backed by the Saudi-based Mowafak Holding Group, which has a long track record in construction and investment dating back to 1965. It boasts strong financial capabilities and collaborates with leading engineering consultancies such as Archrete and IEC, ensuring its commitment to quality standards and on-time delivery.
What are the prices of Radix Development's projects ?
Prices vary depending on the project and unit type. Commercial and administrative units start at approximately EGP 3.4 million, while residential units in Ray Residence start at around EGP 4.4 million. Payment plans extend up to 12 years in some projects.
What is Radix Development's latest project ?
Spinner Mall is one of Radix's newest projects in the MU23 area on the Axis of Hope in the New Administrative Capital. It's a commercial, administrative, and medical complex comprising three buildings on a total area of ​​10,742 square meters.
What is Radix Development's sales number ?
Radix Development's sales number is ‎+201118183030, and it's available daily from 10:00 AM to 10:00 PM for inquiries about prices and to book site visits.
What is Radix Development's hotline ?
Radix Development's hotline is ‎+201118183030, available to contact the sales team and learn about the latest offers and payment plans for each project.
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