Tharaa Developments is an Egyptian joint-stock real estate company founded in 2019 to establish its presence in the upscale residential and resort development market, led by Chairman Islam Hashem and backed by an issued capital of EGP 100 million that reflects the scale of its ambitions.
The company follows a philosophy built on quality and innovative design, and to date offers three projects spread between coastal destinations and residential compounds in the North Coast and New Cairo, with prices starting from EGP 2,700,000 and rising according to unit size, location and type, giving clients the choice between permanent housing and seasonal resort investment.
About Tharaa Developments
Tharaa Developments was established in 2019 as an Egyptian joint-stock company working in the development of residential communities and resort destinations. From the outset it adopted a vision that blends modern architectural design with an integrated living experience that goes beyond traditional housing.
The company is run by a management team with accumulated expertise across construction, investment and hospitality, which has shaped its approach to selecting locations and diversifying its portfolio between residential and coastal assets.
It began with a tourism project on the Mediterranean coast, then moved to residential compounds inside the Fifth Settlement, covering two distinct segments of clients.
In its work, the company focuses on three core pillars: quality of execution, design efficiency, and flexible payment systems. It also relies on cooperation with specialised engineering and consulting offices to ensure that every project is delivered to high standards.
Through its current portfolio, Tharaa Developments aims to cement its name among the rising players in the Egyptian real estate market, with gradual and measured expansion rather than rapid, unchecked growth.
The company’s projects address varied needs, with units ranging from studios and chalets to duplexes and townhouses, in areas starting from 50 m² and reaching 236 m² and above, giving the client flexibility to weigh unit size against location and investment or residential purpose.
The company works to strengthen its position among new developers through a strategy that prioritises quality over quantity, choosing locations with clear investment value and offering its units under competitive payment plans.
This has helped it attract a segment of clients looking for high-finish units at prices that are still in their early stages before delivery, while also creating room for unit value to grow as construction advances, a factor particularly favoured by investors.
Tharaa Developments Board of Directors
The success of Tharaa Developments rests on a board of directors that combines engineering, managerial and investment experience, with three key names standing out:
- Islam Hashem, Co-founder and Chairman, who also serves as CEO of Contact Construction, and has steered the company’s strategic direction since its founding thanks to his long record in the building and construction sector.
- Dr. Sherif Badr, Board member with over 36 years of experience in project management, construction and organizational development, alongside a broad academic and advisory role through which he has consulted for major real estate companies in Egypt.
- Mohamed El-Kashef, Board member who combines experience in real estate investment, engineering services and hospitality management, and serves as CEO of Alba Real Estate Investment, whose operations extend across several Gulf markets.
This blend of competencies gives the company a strong basis for decision-making, bringing together an understanding of the construction, marketing and financial sides of its projects, which in turn reinforces the confidence of clients and investors in its portfolio.
Tharaa Developments’ Development Philosophy
The philosophy of Tharaa Developments starts from the idea that a successful project is not measured only by the number of its units, but by its ability to create an integrated living environment.
The company therefore pays close attention to the finest details of design and amenities within each project, relying on the latest construction technologies and on consultants specialised in urban planning.
The company also places its commitment to quality at the top of its priorities, treating every stage of development as an extension of its reputation, which drives it to select execution and design partners with care rather than expand at the expense of standards.
This approach shows in the details of the projects themselves, from the choice of finishing materials to the planning of green spaces and service facilities, as the company seeks to make every unit part of an integrated system rather than a mere enclosed living space.
This attention extends to the after-sales stage, where the client’s experience after delivery is a core element in the company’s vision for building a long-term relationship with its unit owners, positively reflecting on the market’s trust in the brand.
Tharaa Developments’ Vision
The company’s vision is to become one of the leading names in Egyptian real estate development in terms of craftsmanship and innovation, by transforming urban landscapes into modern communities that raise living standards and leave a positive impact on the areas it serves.
Tharaa Developments’ Objectives
- Developing integrated residential and resort communities that combine comfort and luxury in prime locations.
- Diversifying the portfolio between coastal units and residential compounds to serve different client segments.
- Offering flexible payment systems that allow unit ownership with long instalments and low down payments.
- Relying on modern architectural design and advanced technologies in every project.
- Building partnerships with engineering and consulting parties that ensure efficient, high-quality execution.
Tharaa Developments’ Strategic Partnerships
Tharaa Developments has relied on a network of partnerships to accelerate the delivery of its projects to high standards, cooperating with engineering firms and design offices specialised in planning and execution, which gives its projects a coherent architectural identity and consistent construction quality.
On the tourism side, some reports point to the company’s move towards partnerships to manage hospitality facilities within its coastal destinations in order to raise the level of service, an approach that enhances the value of the seasonal investment units in its portfolio.
To enquire about investment partnership opportunities and the latest offerings from Tharaa Developments, you can get in touch via the Tharaa Developments hotline +201118183030 for detailed information from the sales team.
Tharaa Developments’ Track Record
Despite being a relatively new company, the current portfolio of Tharaa Developments reflects clear diversity between residential and coastal assets, as shown in the table below:
| Project |
Location |
Type |
Area |
Status |
| Glee Village |
North Coast |
Coastal / resort |
Units from 50 m² |
Available for booking |
| Wuud Residence |
Fifth Settlement |
Residential |
Varied units |
Available for booking |
| Wujoud Residence |
Fifth Settlement |
Residential |
Varied units |
Available for booking |
These projects are distributed geographically between the North Coast on the Mediterranean and New Cairo in the heart of the Fifth Settlement, combining a seasonal resort destination and permanent residential compounds within a single portfolio.
This distribution reflects a clear strategy of balancing two types of demand: the coastal destination targets seasonal investment and short-term rental, while the residential compounds serve those looking for a permanent home in a location connected to the services and main axes of New Cairo.
Tharaa Developments Projects on Our Website
Below are the most notable projects of Tharaa Developments available in detail, organised by city:
Tharaa Developments Projects in the North Coast
Glee Village is the company’s flagship resort project on the North Coast, built on the concept of an integrated destination that combines seasonal residential units with leisure services, from swimming pools and green spaces to restaurants, cafés, sports areas, gyms and spas.
The village’s design takes care to distribute units so as to ensure open views and private spaces for each phase, alongside round-the-clock security to provide a safe environment for families.
Prices in the project start from EGP 2,700,000, with a payment plan starting at a 5% down payment and instalments extending up to 12 years, making it a suitable choice for those seeking a coastal investment with seasonal returns or a unit for the summer in a vibrant Mediterranean location.
Tharaa Developments Projects in New Cairo
Wuud Residence is one of the company’s residential projects inside the Fifth Settlement, targeting clients looking for residential units with a modern design in a vibrant New Cairo location close to main axes and daily services, with flexible payment systems that suit multiple segments of buyers.
The project relies on a design that balances privacy and open spaces, making it well suited to permanent family living.
Alongside it, Wujoud Residence comes as another residential project in the Fifth Settlement, completing the company’s residential presence within New Cairo with units of varied sizes that suit families and investors alike, within an integrated environment that brings together green areas and leisure and commercial facilities.
Its location inside the Fifth Settlement gives it stable investment value given the high demand for residential units in this area.
To enquire about the latest prices and to book a viewing of any of the projects of Tharaa Developments, you can contact the Tharaa Developments sales number +201118183030 for price offers and available instalment plans.
Advantages of Investing in Tharaa Developments’ Projects
Investing in the portfolio of Tharaa Developments offers a number of advantages that make it worth considering:
- Flexible payment systems: some projects start with a low down payment of 5% and instalments extending up to 12 years, easing the financial burden on the buyer.
- Variety of unit types and sizes: from studios and chalets to duplexes and townhouses, in areas starting from 50 m², offering options that suit both living and investment.
- Variety of locations: combining a coastal destination on the North Coast with residential compounds in the Fifth Settlement gives the investor a chance to balance the portfolio between seasonal returns and permanent housing.
- Integrated design and services: the company’s reliance on modern design and leisure facilities raises the value of units over the long term.
- Pre-delivery growth potential: offering units in early construction stages allows the buyer to enter at a lower price with the possibility of value appreciation as the project is completed.
For the latest information on the projects of Tharaa Developments, you can reach the dedicated sales team to enquire about prices, book viewings and learn the details of the payment systems.
Tharaa Developments sales number: +201118183030
Available daily from 10 AM to 10 PM
Tharaa Developments hotline: +201118183030
Available daily from 10 AM to 10 PM
The Tharaa sales team provides a real estate consultation that includes a quick analysis of the client’s needs and budget, recommends the most suitable project from the company’s portfolio, and arranges on-site viewings of available units while presenting the different financing and payment options.
Why Choose Tharaa Developments’ Projects?
Tharaa Developments brings together a board of directors with broad engineering, managerial and investment experience, a portfolio diversified between coastal and residential assets, and flexible payment systems that make ownership accessible to different client segments.
To enquire about the latest prices, available areas and instalment plans, you can contact the Tharaa Developments sales number +201118183030 for a comprehensive real estate consultation and an on-site viewing of the units.
