Rayz Developments is one of the newest real estate entities in the Egyptian market, launching under the leadership of Engineer Shams El Din Youssef as the real estate arm of Al Shams for Contracting and Engineering Works — a company with over four decades of experience in the construction sector.
The company launched its inaugural project BRX Mall in New Cairo with investments ranging between EGP 15 and EGP 18 billion, with its land portfolio extending across New Cairo, Alexandria, and Kafr El Sheikh. Unit prices start from EGP 4,600,000 for administrative units and EGP 6,500,000 for commercial units, with discounts reaching up to 20% and multiple flexible payment plans.
Rayz Developments officially launched in 2025 as Al Shams Group’s strategic entry into real estate development, following a long journey spanning four decades in the contracting and construction sector that began with the founding of Al Shams for Contracting and Engineering Works in 1987.
This step represents a natural evolution reflecting the group’s transition from general contractor to integrated developer capable of managing projects across all phases — from design through to operation — leveraging a cumulative engineering foundation difficult for new developers to acquire in a short period.
The parent company — Al Shams — holds Class A contractor classification, the highest rating possible for any contracting company within the Egyptian market, giving Rayz Developments a solid execution foundation from day one.
Al Shams operates across six primary sectors including Infrastructure and Roads, Medical Projects, Industrial, Educational, Commercial, alongside Residential and Resort Developments — a rare diversity reflecting the depth of practical expertise underpinning the new real estate arm.
According to Hapi Journal, Rayz Developments owns a land portfolio totaling 500,000 square meters distributed across Cairo, Alexandria, and Kafr El Sheikh, with 200,000 square meters within New Cairo alone.
The company plans to expand westward in Cairo through new land acquisitions in areas such as 6th of October and Sheikh Zayed during the coming phase.
This geographical distribution reflects a deliberate vision targeting gradual presence in the most dynamic investment areas, with focus on commercial and administrative activities as a starting nucleus before expanding into other sectors.
Rayz Developments is led by an executive team combining deep construction expertise with modern development vision. Executive leadership comprises cadres whose experience within the parent group spans many years prior to the founding of the new real estate arm.
Rayz Developments adopts a development philosophy that differs from the norm. The company does not seek quantitative expansion in project count as much as it focuses on building genuine investment value through carefully selected medium-to-large scale projects.
This approach allows for higher planning and execution quality and enables the company to leverage Al Shams’s long-standing construction expertise in every project detail, rather than spreading thin across dozens of parallel projects as occurs with many developers in the market.
The company also adopts strict site selection criteria based on the actual operational density of an area rather than future expansion plans alone.
This explains the choice of Mohamed Naguib Axis within New Cairo as the inaugural site for the new real estate arm — one of the axes achieving continuous daily traffic and mature residential and commercial density capable of supporting the project’s operational performance from day one of delivery.
The company’s vision centers on transitioning from general contractor to integrated real estate developer capable of managing the full project lifecycle from design and execution through to operation and resale, while preserving the engineering heritage Al Shams has built over decades and applying it to create sustainable investment assets within the Egyptian market.
Despite the recent official launch of Rayz Developments in the market, the company has secured a strategic partnership with one of Egypt’s largest telecommunications service providers — reflecting its ability to build strong alliances at an early stage, leveraging the parent group’s weight and long-standing relationships across decades of engineering work.
For inquiries about upcoming project details and new investment partnership plans for Rayz within the list of real estate developers newly entering the Egyptian market, you can contact the Rayz Developments hotline +201118183030 for detailed information directly from the sales team.
As a recently launched company in the real estate development sector, Rayz Developments‘s current portfolio centers around its inaugural founding project, which represents its opening signature within the market — while the parent company’s construction heritage remains accessible through hundreds of projects executed by Al Shams Contracting across the six different sectors.
| Project | Location | Type | Area | Status |
|---|---|---|---|---|
| BRX Mall New Cairo | Mohamed Naguib Axis — New Cairo | Commercial and Administrative | 36,483 sqm (≈ 9 feddans) | Under Construction |
The project represents a model of the commercial and administrative direction the company has chosen as a starting point before expanding into other sectors within the land portfolio spread across Cairo, Alexandria, and Kafr El Sheikh, according to the announced expansion plan from the company’s management.
BRX Mall New Cairo is the company’s inaugural project, located directly on Mohamed Naguib Axis with a frontage extending 390 meters over a total area of 36,483 square meters. The project sits approximately 15 to 20 minutes from the New Administrative Capital.
It comprises 9 buildings with diverse uses totaling 400 commercial and administrative units, with a low building footprint ratio of only 24% and over 800 parking spaces — placing the project among the largest Business Hubs in eastern Cairo.
Administrative unit sizes start from 33 square meters at prices beginning from EGP 4,600,000, while commercial unit sizes start from 25 square meters at prices beginning from EGP 6,500,000.
The project offers four progressive payment plans including discounts reaching up to 20% for the most incentive-rich plan, with installment periods extending from 5 to 8 years — accommodating multiple investor segments with varying budgets.
For inquiries about the latest pricing, installment plans, and viewing reservations for Rayz Developments projects, you can contact the Rayz Developments sales number +201118183030 for updated price offers and installment schedules.
Despite Rayz Developments being a recently established independent real estate arm, investors in its projects gain multiple guarantees making the investment decision backed by solid institutional infrastructure — guarantees rarely converging in new developers within the list of real estate projects recently launched in the Egyptian market.
To obtain the latest information about Rayz Developments projects, you can contact the specialized sales team for inquiries about detailed pricing, booking on-site viewings, and learning all details of available payment plans and discounts on commercial and administrative units within the BRX New Cairo project.
Rayz Developments sales number: +201118183030
Available daily from 10 AM to 10 PM
Rayz Developments hotline: +201118183030
Available daily from 10 AM to 10 PM
The Rayz Developments sales team provides complimentary real estate consultation including a quick analysis of client needs and available budget, recommendation of the most suitable unit from among the various sizes and locations within the project, alongside providing on-site viewings of available units and presenting all financing alternatives and flexible payment plans to suit each investor segment.
Rayz Developments combines elements rarely found in a new real estate developer. The company draws on an engineering legacy spanning four decades through Al Shams with Class A classification, adopts a selective approach focusing on quality per project rather than quantitative expansion, alongside technology partnerships with the caliber of e& Egypt, and a geographically distributed land portfolio opening future horizons for sector diversification. To learn the latest prices, available unit sizes, and book a viewing of BRX Mall units, you can contact the Rayz Developments sales number +201118183030 for comprehensive real estate consultation from the sales team.
