Mass Developments Targets EGP 6 Billion in Contracted Sales for 2025
Mass Developments has announced record-breaking sales of EGP 2 billion in the last quarter of 2024.
This milestone reflects the strong market confidence in the company and reinforces its ambitious expansion plans for 2025.
According to Ahmed El-Dessouky, Chief Commercial Officer of Mass Developments, the company aims to achieve EGP 6 billion in total sales this year, backed by an ambitious expansion strategy and strategic partnerships with top consulting and management firms.
'The current market is witnessing strong demand for residential projects in New Cairo, driving developers to launch new projects that cater to this growing need,' El-Dessouky stated.
As part of its expansion, Mass Developments plans to launch three new projects in 2025, including its first-ever residential development in New Cairo, set for release immediately after Eid Al-Fitr. The project reflects the company's commitment to delivering high-quality real estate products that combine modern designs with integrated services.
To uphold the highest standards of quality and innovation, Mass Developments has established strategic partnerships with leading industry experts. It collaborates with Mohamed Essam, Executive Director of Inspire Integrated, the firm responsible for project management and operations, ensuring top-tier services. Additionally, the company is partnering with architectural consultant Nader Fouda from LDP, who will oversee project designs, and executive consultant ACE – Moharram Bakhoum, supervising execution with the highest levels of precision and quality. The company has also partnered with Mamdouh Fikry, Founder of Concept, responsible for construction, ensuring adherence to top engineering and technical standards.
As part of its expansion strategy, Mass Developments plans to open multiple new branches across Egypt in 2025, enhancing its operational efficiency and supporting its ambitious growth plans.
Furthermore, the company continues to strengthen its market position through its latest project, Olin Social District, strategically located on Gamal Abdel Nasser Axis in New Cairo, facing Al-Narges Villas and Apartments, an area with over 350,000 residents. This prime location gives the project a strong competitive advantage as a fully integrated commercial and entertainment hub designed to cater to a wide audience.
Unlike traditional shopping centers, Olin Social District redefines the concept of commercial destinations by blending retail, entertainment, and essential services into a comprehensive lifestyle experience. The project features a dedicated entertainment zone, retail units, cafes and restaurants, a state-of-the-art fitness center, a jogging track, a children's area, a government services office, and advanced technology features such as holograms and free public Wi-Fi.
With over 25 years of experience, Mass Developments continues to cement its presence in Egypt's real estate market, having successfully delivered landmark projects in New Cairo and the New Administrative Capital, with a portfolio exceeding EGP 20 billion in total investments. The company also holds a diverse land bank across East and West Cairo, as well as key provinces and new cities.
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