Menassat Developments

Menassat Developments is an Egyptian real estate company founded in 2006 as a joint venture among 8 co-founders with combined experience in real estate, contracting, industry, and investment across Egypt and the Gulf. The company is headquartered in New Cairo.

Menassat operates in New Cairo and the New Administrative Capital, with a portfolio of 5 projects spanning upscale residential, commercial, administrative, and mixed-use mall developments. النسخة العربية · English version.

About Menassat

Menassat was founded in 2006 by 8 partners with combined backgrounds in real estate investment, contracting, and industry. The company's official material describes a collective team experience of over 130 years across the development sector.

Headquartered in New Cairo, the company's leadership includes Deputy Amin Masoud (Member of Parliament and Secretary of the Housing Committee), Eng. Bahaa Salim, and Eng. Adly Al-Qaei. Eng. Ahmed Amin serves as Chairman.

Menassat holds 3 ISO certifications covering quality and project management, and maintains execution partnerships with Egyptian and regional firms including Sabbour, Pinnacle, and Eltizam.

Track Record

Across roughly two decades of activity, Menassat has built a portfolio of 5 projects in New Cairo and the New Administrative Capital, spanning a mixed-use residential-commercial tower, three commercial and administrative malls, and one low-density residential compound.

The flagship project in the New Administrative Capital is Podia Tower in the Downtown district, a mixed-use residential-commercial tower targeting the upper segment of buyers.

In New Cairo, the portfolio centers on Begonia Residence, a residential compound on 23 acres with 80 percent of the total area dedicated to greenery, alongside Valory Mall, Axle, and Eclipse as commercial and administrative mixed-use destinations.

Areas Served

Menassat's projects concentrate in two of East Cairo's most active districts. Four out of five projects sit in New Cairo compounds — Begonia Residence, Valory Mall, Axle, and Eclipse — while Podia Tower anchors the company's presence in the New Administrative Capital, specifically in the Downtown district.

This footprint puts Menassat in the two highest-search-volume areas for Egyptian buyers today: the Fifth Settlement as a mature, liquid resale market, and the New Capital as a long-horizon growth play.

Menassat Project Portfolio in Egypt

Podia Tower in the New Administrative Capital is Menassat's flagship project — a mixed-use tower combining residential units, retail, and offices inside the Downtown district. Residential units start from approximately 4,650,000 EGP.

Begonia Residence in New Cairo is the company's purest residential product, spread across 23 acres with 80 percent of the area dedicated to green landscape. Prices start from 2,894,000 EGP, with delivery scheduled for 2028.

On the commercial and administrative side, Menassat has a strong New Cairo trio: Valory Mall sits between El Narges and the Diplomatic District and blends retail, offices, and medical clinics; Axle is a futuristic mixed-use destination with 180-degree views; and Eclipse covers 4,360 square meters as a commercial-administrative complex.

This split between a pure residential product (Begonia), an upscale mixed-use tower (Podia), and three commercial-administrative destinations gives Menassat a portfolio that serves residential buyers and commercial investors in parallel.

Why Buy from Menassat

First, product diversity. Menassat is not a single-category developer. The portfolio covers a residential-commercial tower (Podia), a low-density residential compound (Begonia), and three commercial-administrative centers (Valory, Axle, Eclipse), giving buyers the freedom to pick the product that matches actual need.

Second, execution partnerships. Working with Sabbour, Pinnacle, and Eltizam on execution and management reduces delivery risk, which matters to buyers signing 8 to 10-year installment plans.

Third, location. Four out of five Menassat projects sit inside the Fifth Settlement in New Cairo, where residential and commercial demand stays consistent. The fifth project anchors Downtown in the New Administrative Capital, the highest-demand district of the new capital.

Menassat FAQ

When was Menassat founded and who runs it? Founded in 2006 as a joint venture among 8 partners. Leadership includes MP Amin Masoud, Eng. Bahaa Salim, and Eng. Adly Al-Qaei, with Eng. Ahmed Amin as Chairman.

What are Menassat's main projects in Egypt? Podia Tower in the New Administrative Capital, and Begonia Residence, Valory Mall, Axle, and Eclipse in New Cairo — five projects in total.

Is Menassat a trusted developer? Yes. Roughly 20 years of activity, 3 ISO certifications, and execution partnerships with Sabbour, Pinnacle, and Eltizam place Menassat in the trusted developer tier.

Does Menassat offer installment plans? Yes. Menassat projects come with payment plans of up to 8 to 10 years and down payments starting between 5 and 10 percent. Terms vary by project and phase.

Where are Menassat's projects located? Four projects are in New Cairo (Begonia Residence, Valory Mall, Axle, Eclipse) and one in the Downtown district of the New Administrative Capital (Podia Tower).