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Golden Town Development is an Egyptian real estate developer headed by founder Raafat Maher, with a senior team whose combined construction and contracting experience extends beyond thirty years. The company is positioned as a commercial-administrative-hospitality specialist rather than a residential compound developer.
The current portfolio is concentrated in the Downtown district of the New Administrative Capital, with earlier work in the North Coast and New Alamein City. The Arabic version of this page is available here for buyers searching in Arabic: شركة جولدن تاون للتطوير العقاري.
Golden Town Developments operates under the leadership of its founder and chairman, Raafat Maher. The company evolved from a long-standing construction and contracting business into a full-scale developer of vertical mixed-use towers in Egypt's New Administrative Capital.
In April 2026 the company announced an investment plan of EGP 8 billion targeting its Downtown portfolio in the New Administrative Capital, as part of a wider stated commitment of roughly EGP 10 billion across the Egyptian real estate market.
The senior team behind Golden Town carries more than three decades of combined contracting experience inside the Egyptian construction sector. The company has historically participated in finishing and decor works for prominent Cairo hospitality assets, including projects associated with the Sheraton Zamalek and the Nile Ritz Carlton.
On the development side, Golden Town has delivered the Rital View project on the North Coast and contributed to residential building works inside New Alamein City. The shift in focus over the last few years has been toward vertical commercial and administrative towers in the new capital.
The current capital-city portfolio comprises four announced mixed-use towers, all located within the Downtown MU sub-district: Ouro Towers, Dinero Tower, Cascada Mall, and The Fort Tower.
Golden Town's active development pipeline is concentrated in New Administrative Capital compounds, specifically inside the Downtown commercial zone. Earlier projects extend to the North Coast villages and New Alamein City, with contracting work spanning Greater Cairo, Alexandria, Borg El Arab, and Ain Sokhna.
The Downtown portfolio mixes retail, office, medical, and hospitality components inside vertical towers, with land plots ranging from 2,664 m² up to 9,000 m².
Ouro Towers is the largest by footprint at 9,000 m², built as a ground floor plus fourteen upper floors covering retail, office, and hotel units. Published prices start from EGP 1,666,667 per unit.
Dinero Tower sits on plot MU6-1 with a footprint of 5,017 m², also a ground floor plus fourteen upper floors with commercial, administrative, and hotel use. Cascada Mall occupies plot MU2/79 next to the monorail station, on a 2,664 m² plot rising to ground plus ten floors.
The Fort Tower is the most recent addition, located on the 80-metre main spine, on a 2,764 m² plot. It is structured as two connected buildings, each ground plus ten floors, mixing retail, administrative, and medical units.
The defining attribute of Golden Town is the construction-led background of its leadership. In a market where late delivery is the single largest commercial-real-estate risk, an owner team that supervises site execution directly tends to reduce the likelihood of major schedule slippage.
The geographic concentration on Downtown inside the New Administrative Capital places the towers close to the monorail station and to 80-metre main streets — a structural advantage for the foot traffic and employee density that retail and office tenants depend on.
As with any long-tenor installment commitment, buyers should request the latest construction progress invoices, walk the site, and read the full payment-plan booklet before signing. Those steps apply to Golden Town exactly as they would to any other developer.
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