N Developments

N Developments — formerly known as Nawassy Developments — is the real estate arm of Misr for Construction (ENCO), one of Egypt's established construction and investment groups with more than 25 years in the local market.

The company focuses on integrated projects across New Cairo compounds and El Shorouk City, blending premium residential and commercial portfolios under a single corporate umbrella.

For the Arabic version of this page, visit مشاريع شركة N Developments في مصر.

N Developments Company Overview

N Developments operates as the dedicated real estate subsidiary of Misr for Construction (ENCO), giving the developer direct in-house access to a parent contractor with decades of experience executing large-scale projects across Egypt.

The leadership team is led by Chairman Ahmed Shedid, CEO Hossam Soliman, and CCO Reem Rafaat. The company markets itself under the tagline "The Grandest Builders" and targets the premium tier of Egyptian buyers and investors.

N Developments Track Record

The developer's strongest competitive edge is structural: because Misr for Construction (ENCO) is the parent company, N Developments executes through its own construction arm rather than subcontracting. For a buyer signing a multi-year installment plan, this materially reduces handover and quality risk.

The flagship residential launch is Nest New Cairo, a 51-acre compound inside the Golden Triangle of the Fifth Settlement, with reported investments exceeding EGP 30 billion and architectural design led by Raef Fahmy.

On the commercial side, N Developments delivered 3 Sides Mall in El Shorouk City — a 22,000 sqm plot with a 60,000 sqm built-up area, developed in partnership with Hassan Allam Construction and positioned as the first premium mall in El Shorouk.

Areas Served by N Developments

The developer concentrates on East Cairo. Active operations cover New Cairo, the Fifth Settlement Golden Triangle, and El Shorouk City — all corridors with strong access to the Suez Road and the Mosheer Tantawy axis.

The Golden Triangle location of Nest places it within minutes of North and South 90th Street, Hyde Park, Zed East, and the American University in Cairo (AUC), all of which underpin long-term asset value for the compound's residents.

N Developments Project Portfolio

Nest New Cairo: The company's flagship residential compound, spanning 51 acres in the Golden Triangle. Unit mix covers apartments, duplexes, and sky villas, with sizes ranging from 95 sqm up to 350 sqm. See full Nest compound prices and details.

3 Sides Mall, El Shorouk: The first luxury shopping mall inside El Shorouk City, with a basement plus four floors of retail, anchor stores, pharmacies, banks, restaurants, and cafes — fronting Suez Road and the Horeya and Orabi axes.

A third project, N Line Suites in the Sixth Settlement, is also part of the active pipeline, expanding the residential footprint within the same East Cairo corridor and reinforcing the developer's mixed-use strategy.

Why Buy from N Developments

The core reason to consider N Developments is the parent-company structure. Because Misr for Construction (ENCO) executes the projects, buyers gain a level of build-quality control and delivery discipline that smaller standalone developers rarely match.

The company targets the premium segment in both residential and commercial, partnering with recognized architects such as Raef Fahmy and selecting locations inside New Cairo and El Shorouk where genuine end-user demand and a working resale market both exist.

For investors seeking a boutique-scale developer backed by a heavyweight construction parent, N Developments offers a balanced profile between ENCO's institutional strength and the operational agility of a newer brand. Explore all real estate developers in Egypt.

N Developments FAQ

Is N Developments a trusted developer? Yes. It is the real estate arm of Misr for Construction (ENCO), a construction and investment group with more than 25 years of operating history, giving the developer direct in-house construction backing.

What was N Developments previously called? The company was previously known as Nawassy Developments and rebranded to N Developments.

Where are N Developments' projects located? Active projects are inside New Cairo and the Fifth Settlement (Nest compound) and El Shorouk City (3 Sides Mall).

Does N Developments offer installment plans? Yes. Nest compound, for example, is offered with a 5% down payment and up to 8 years of installments on the remaining balance.

What makes N Developments different from other developers? The integration with parent contractor Misr for Construction (ENCO), the Golden Triangle location strategy in the Fifth Settlement, and partnerships with senior architects such as Raef Fahmy.