New Jersey Developments

New Jersey Developments is an independent Egyptian real estate developer founded in 2000, with headquarters at Concord Plaza in New Cairo's Fifth Settlement and a representative office in Upper Saddle River, New Jersey, USA.

The company is known for combining American construction standards with the Egyptian real estate market, and has a portfolio of more than 19 projects across compounds, towers, and coastal villages in New Cairo, the New Administrative Capital, the North Coast, and Ain Sokhna. النسخة العربية.

About New Jersey Developments

New Jersey Developments is an Egyptian company led by Girguis Youssef as Chief Executive Officer and Dr. Mohamed Fahmy as Chief Operating Officer, based on the developer's published corporate information.

The brand name is borrowed from the US state of New Jersey, where the company maintains an office in Upper Saddle River. The legal entity, however, is fully Egyptian and has operated inside the Egyptian market since the year 2000.

Sectors covered include residential, commercial, administrative, and hospitality, with a particular focus on mixed-use projects and commercial towers inside the New Administrative Capital.

Track Record

According to figures published on the company's own website, New Jersey has delivered 2,500 residential units, 1,200 commercial units, 55 buildings, 350 villas, and 10 retail malls, spread across 19 projects in Greater Cairo and the coastal regions.

Flagship delivered and active projects include Genesis Tower, Soul Plaza, and Green Avenue inside the New Administrative Capital, together with Jamila in Sidi Heneish on the North Coast and Jura El Galala in Ain Sokhna.

The developer presents itself as one of the longer-standing operators in the Egyptian market, with a continuous operating history of more than 16 years — a positioning corroborated in coverage published by the government-backed Real Estate Egypt portal.

Areas Served

New Jersey's projects sit in four core markets: New Administrative Capital compounds are the deepest concentration with four projects; North Coast villages are represented by Jamila in Sidi Heneish; and Ain Sokhna resorts host Jura inside Galala City.

The developer also retains commercial and residential assets in El Shorouk City, Badr City, and Heliopolis, per the published project list.

New Jersey Developments Project Portfolio in Egypt

Genesis Tower is a commercial, administrative, and medical tower inside the Downtown district of the New Administrative Capital. It is one of the company's earlier Capital projects and targets businesses and clinics looking for a central position near the Government District.

Soul Plaza is a mixed-use mall combining retail shops, offices, and clinics under one roof, again inside the New Administrative Capital — reflecting the developer's clear strategy of building integrated commercial assets.

Green Avenue is a residential compound inside the New Administrative Capital, focused on green spaces and long landscaped promenades. It targets families looking for calmer living inside the new city.

Jamila is the developer's North Coast project in Sidi Heneish. Its design is built around guaranteed direct sea views for all units, and it is one of the company's most recent additions to the coastal market.

Jura El Galala is the company's Red Sea resort inside Galala City in Ain Sokhna, with a direct sandy beach and fully furnished, hotel-serviced units that make it suitable for year-round rental investment.

Why Buy from New Jersey Developments

The first reason is operating longevity in the Egyptian market. A developer founded in 2000 has roughly 25 years of continuous activity and has already handed over thousands of units, which lowers the delivery and default risk compared with newer entrants.

The second reason is portfolio diversity across residential, commercial, administrative, and hospitality assets. A buyer can pick a family unit in a gated compound, a coastal chalet, a serviced hotel apartment, or an investment shop or office — all from the same developer.

The third reason is smart geographic spread between the New Administrative Capital (long-term growth play), the North Coast (high seasonal demand), and Ain Sokhna (steady year-round demand), letting an investor diversify inside a single developer relationship.

New Jersey Developments FAQ

Is New Jersey Developments an American or Egyptian company? It is an independent Egyptian company founded in 2000 with its headquarters in New Cairo's Fifth Settlement. The brand name references the US state of New Jersey, where it maintains only a representative office. Operations and management are fully Egyptian.

How many projects does New Jersey Developments have? According to the developer's official site, its portfolio exceeds 19 projects, comprising 2,500 residential units, 1,200 commercial units, 55 buildings, 350 villas, and 10 malls.

Where are New Jersey Developments projects located? In the New Administrative Capital (Genesis Tower, Soul Plaza, Green Avenue), the North Coast at Sidi Heneish (Jamila), and Ain Sokhna inside Galala City (Jura), plus additional projects in El Shorouk, Badr City, and Heliopolis.

Does New Jersey Developments offer payment plans? Yes. Projects are offered with low down payments and instalment plans that typically run between 7 and 9 years, with exact terms varying by project and phase.

What sets New Jersey Developments apart from other developers? Operating longevity since 2000, a balanced split between residential, commercial, and coastal assets, and a US representative office that gives the company a natural channel to Egyptian expat buyers.