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ATRIC Developments is a real estate company founded in 1998 under the name "The Modern Company", before rebranding to Atric Developments. The company has been operating in the Egyptian market for over 25 years.
The company is led by Eng. Ashraf Najeeb, who has driven ATRIC to investments reaching approximately EGP 7 billion in the Egyptian real estate market. This investment capacity reflects strong financial standing for the company.
The company has formed partnerships with leading contracting, construction, and architectural design firms in Egypt, ensuring its projects are executed to advanced standards. This broad professional network is one of the company's competitive advantages.
The company's most prominent project is Boardwalk in the R7 district of the New Administrative Capital — one of the most sought-after locations in the capital. The project spans 45 acres with EGP 4 billion in investments, including 1,500 units spanning residential buildings, duplexes, and villas.
The second project, BOHO Sokhna in Ain Sokhna, spans 20 acres with EGP 1.5 billion in investments and comprises 300 units varied between chalets, villas, and duplexes, with a 250-meter private beachfront.
Atric projects span two primary regions: the New Administrative Capital on East Cairo, and Ain Sokhna on the Red Sea. This split serves both new-city residence and coastal summer home segments.
You can browse New Administrative Capital compounds for the Boardwalk project, plus Ain Sokhna compounds for the BOHO coastal project.
The Atric portfolio includes 2 projects available through CompoundGate, varying between urban residence in the capital and coastal resort in Sokhna.
In the New Administrative Capital, the portfolio includes Boardwalk New Administrative Capital in R7 on 45 acres with EGP 4 billion in investments. The project includes 1,500 units across buildings, villas, and duplexes in varied sizes.
In Ain Sokhna, the portfolio includes Boho Sokhna on 20 acres with a 250-meter beachfront, comprising 300 units with EGP 1.5 billion in investments. The project serves investors seeking coastal summer homes.
The most distinctive advantage of Atric is its heritage since 1998. The company has operated in the real estate market for over 25 years, with a commercial restructuring to the current name reflecting continued evolution.
The second advantage is positioning in R7. The Boardwalk project in one of the most premium districts of the New Administrative Capital gives the project high long-term investment value.
The third is geographic and product variety. The company serves both urban residence and summer home segments under the same institutional umbrella, creating an integrated portfolio for investors.
When was Atric Developments founded?
Atric Developments was founded in 1998 under the name "The Modern Company" and has been operating in the Egyptian market for over 25 years.
Is Atric a trusted developer to invest with?
Yes. The company has investments reaching EGP 7 billion in the Egyptian real estate market and collaborates with leading contracting and architectural design firms in Egypt.
Where are Atric projects located in Egypt?
In the New Administrative Capital (Boardwalk in R7 on 45 acres) and Ain Sokhna (Boho on 20 acres with 250-meter beachfront) — totaling 2 active projects.
What are Atric's flagship projects?
Boardwalk in R7 New Administrative Capital at 45 acres with EGP 4 billion investments and 1,500 units, and Boho Sokhna on 20 acres at EGP 1.5 billion with 300 units.
What distinguishes Atric from other developers?
The 25+ year heritage, large investment scale per project, and strategic positioning in R7 of the New Administrative Capital.
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