Nawassy Developments

Last updated: July 2026

Important: The phone and WhatsApp number on this page belongs to the independent advisory and marketing team at 6thSettlement.com. It is not the developer’s official hotline. Confirm prices, availability and payment plans before reserving.

About Nawasy Developments

Nawasy Developments (Nawassy Developments) is one of the most prominent investment entities in the Egyptian market, having begun its professional journey in 1994. The company draws on construction and engineering expertise stretching back more than 25 years, and was founded through a strategic merger and a powerful alliance with the Misr Construction Group (ENCO Egypt). Its efforts are focused primarily on developing commercial, administrative and medical projects, alongside ambitious plans to build fully integrated residential communities, targeting the most vital districts of eastern Cairo such as New Cairo, the Fifth Settlement and the Suez Road corridor.

The company has evolved markedly over the course of its journey, moving from a focus on contracting and construction to leadership in independent property development. The strategic partnership with Hassan Allam and the ENCO Egypt group marked a fundamental turning point in the company’s path, resulting in the launch of the first mega mall on the Suez Road. That strategic shift enabled the company to deliver large-scale investment projects that meet the market’s growing needs, combining precision in construction with a modern development vision.

Today Nawasy occupies a distinguished position among Egypt’s property developers, backed by a strong reputation in the shopping mall and mixed-use sectors. Its competitive strength lies in selecting strategic locations with high traffic density, applying international quality standards in construction, and offering investment solutions that guarantee rewarding returns for clients. This approach strengthens its market share and makes it the preferred choice for investors seeking quality and reliability in eastern Cairo.

The company holds a portfolio that reflects its enormous capabilities, built on a long history of construction achievement alongside its partners. Nawasy aims to inject substantial investment into its current and future projects, with a full commitment to delivering commercial and administrative spaces that serve thousands of clients and help raise the investment value of the districts in which it operates.

Nawasy’s Board of Directors

Nawasy’s board of directors is led by a select group of senior experts in the construction and property development sectors, and the board represents a strategic alliance between the leadership of the ENCO Egypt construction group and its investment partners. The leadership structure rests on engineering and management experience spanning more than two decades, ensuring that the company is steered towards delivering large-scale projects to international standards, with an emphasis on merging deep-rooted execution expertise with an innovative investment vision that meets the expectations of the Egyptian property market.

Executive board members:

• Senior management representatives – overall supervision and strategic direction
• Head of engineering development – managing construction partnerships with major entities
• Head of commercial and sales – shaping marketing plans and launching projects
• Head of investment – studying the market and identifying expansion opportunities

Nawasy’s executive management follows a leadership philosophy built on the principle of “the greatest builders”, placing engineering quality and investment value at the very top of its priorities. The board is committed to building integrated communities that balance architectural innovation with sustainability, alongside complete transparency and strict adherence to handover dates in order to achieve the highest levels of satisfaction for clients and investors alike.

Nawasy’s Vision and Mission

The company’s vision

Nawasy Developments aims to be the first choice for investors and clients in Egypt by embodying its slogan, “the greatest builders”. The company’s vision comes down to building a prosperous future that goes beyond bricks and cement to building the greatest buildings for the greatest people. By 2030 the company aspires to expand across the axes of eastern Cairo and to deliver mixed-use projects that combine architectural innovation, environmental sustainability and high investment returns.

The company’s objectives

1. Considered geographic expansion: Launching a diverse group of property developments in key cities and corridors such as the Suez Road and New Cairo to meet rising demand.
2. Applying international standards: Building innovative property communities and shopping malls that meet the highest standards of quality and international engineering design.
3. Maximising investment value: Achieving the ideal balance between quality and innovation to guarantee genuine added value and strong investment returns for clients.
4. Providing flexible payment solutions: Introducing financial plans at competitive prices with long repayment terms that put the units on offer within reach of the widest possible segment of investors.
5. Adhering to handover dates: Protecting the company’s credibility through strict adherence to the agreed timetables for delivering its projects.
6. Forming strategic partnerships: Strengthening cooperation with major contractors such as Hassan Allam and with international consultants to raise execution efficiency.

The company’s values

• Engineering quality: Using the strongest building materials in the foundations to guarantee resistance to environmental conditions and achieve the highest levels of safety.
• Client comfort: Putting clients’ needs first by providing fully integrated facilities and services inside every project.
• Sustainability and innovation: Relying on the latest international technologies in facility management and applying environmentally friendly solutions.
• Transparency and research: Studying the market in detail before launching any project, so that real needs are met with precision and credibility.

Nawasy’s Leading Projects

Nawassy Mega Mall, Fifth Settlement

Nawassy Mega Mall is the icon of the company’s commercial portfolio, and the first mega mall to sit directly on the Suez Road corridor. The project offers an integrated design that brings together retail, administrative offices and medical clinics in an exceptional investment environment. The mall targets investors and brand owners looking for a strategic location that guarantees high traffic density and dependable rental returns, with modern security services and advanced facility management systems.

• Location: New Cairo – the Fifth Settlement, close to the Cairo–Suez Road corridor.
• Land area: For enquiries about the total area: 6thSettlement.com: 01117880843
• Unit types: Retail shops – administrative offices – medical clinics
• Unit sizes: For enquiries about the available sizes: 6thSettlement.com: 01117880843
• Prices: Starting from EGP 80,000 per square metre
• Payment plan: Reservation deposit of EGP 50,000 – instalments of up to 8 years
• Handover: For enquiries about the handover date: 6thSettlement.com: 01117880843
• Finishing: Semi-finished and fully finished (depending on unit type)

Call 6thSettlement.com: 01117880843WhatsApp

Nest Compound, Fifth Settlement – Nest Compound New Cairo

An upscale residential development that forms part of the company’s expansion plans in the luxury housing sector in the heart of the Fifth Settlement. The project sets out to provide a calm, fully serviced residential environment that meets the expectations of families seeking privacy and refinement. The compound features contemporary architecture and an intelligent distribution of green space, guaranteeing a distinguished standard of living close to New Cairo’s most important axes and main roads.

• Location: New Cairo – the Fifth Settlement, close to the most important local landmarks.
• Land area: For enquiries about the project area: 6thSettlement.com: 01117880843
• Unit types: Apartments – duplexes – villas
• Unit sizes: For enquiries about the available sizes: 6thSettlement.com: 01117880843
• Prices: Starting from EGP 7,000,000
• Payment plan: For enquiries about the payment plans: 6thSettlement.com: 01117880843
• Handover: For enquiries about the handover date: 6thSettlement.com: 01117880843

Call 6thSettlement.com: 01117880843WhatsApp

Nawassy Commercial Project (currently launching)

Building on the company’s successes in the mall sector, this new commercial project strengthens its presence in eastern Cairo. It focuses on providing smart retail spaces suited to major local and international brands, with an engineering layout that guarantees the highest levels of visibility and access for every unit. The project is a golden opportunity for investors thanks to its prime location and flexible payment plans.

• Location: New Cairo, close to the main traffic corridors.
• Land area: For enquiries about the area: 6thSettlement.com: 01117880843
• Unit types: Retail shops – restaurants and cafés
• Unit sizes: For enquiries about the available sizes: 6thSettlement.com: 01117880843
• Prices: For enquiries about prices: 6thSettlement.com: 01117880843
• Payment plan: For enquiries about the payment plans: 6thSettlement.com: 01117880843
• Handover: For enquiries about the handover date: 6thSettlement.com: 01117880843

Call 6thSettlement.com: 01117880843WhatsApp

Nawassy Business Hub (currently launching)

A fully integrated administrative development designed specifically to meet the needs of companies and entrepreneurs looking for a professional working environment. The hub provides offices equipped with the latest technology and smart management systems. The project features meeting rooms, refined waiting areas and round-the-clock security services, making it the ideal destination for major companies in the Fifth Settlement.

• Location: The Fifth Settlement, close to the central business district.
• Land area: For enquiries about the area: 6thSettlement.com: 01117880843
• Unit types: Administrative offices – co-working spaces
• Unit sizes: For enquiries about the available sizes: 6thSettlement.com: 01117880843
• Prices: For enquiries about prices: 6thSettlement.com: 01117880843
• Payment plan: For enquiries about the payment plans: 6thSettlement.com: 01117880843
• Handover: For enquiries about the handover date: 6thSettlement.com: 01117880843
• Finishing: Fully finished with air conditioning

Call 6thSettlement.com: 01117880843WhatsApp

Nawassy Medical Center (currently launching)

An advanced medical landmark designed to deliver fully integrated healthcare inside Nawasy’s urban communities. The centre houses clinics in a range of sizes to suit every specialism, alongside imaging centres and analysis laboratories. The project was designed in line with Ministry of Health requirements and international quality standards, with specialised medical lifts and separate entrances to guarantee the comfort of patients and doctors alike.

• Location: Eastern Cairo, within the mixed-use complexes.
• Land area: For enquiries about the area: 6thSettlement.com: 01117880843
• Unit types: Medical clinics – imaging centres – pharmacies
• Unit sizes: For enquiries about the available sizes: 6thSettlement.com: 01117880843
• Prices: For enquiries about prices: 6thSettlement.com: 01117880843
• Payment plan: For enquiries about the payment plans: 6thSettlement.com: 01117880843
• Handover: For enquiries about the handover date: 6thSettlement.com: 01117880843
• Finishing: Fully finished

Call 6thSettlement.com: 01117880843WhatsApp

Nawassy New Residential (in preparation)

An ambitious step towards building a new urban community that cements the company’s vision of delivering exceptional quality of life. This planned project focuses on merging sweeping green spaces with modern architecture to produce homes that are both luxurious and practical. It will include a social club, leisure zones and retail services covering every daily need of its residents.

• Location: The Fifth Settlement – New Cairo.
• Land area: For enquiries about the area: 6thSettlement.com: 01117880843
• Unit types: Apartments – twin houses – standalone villas
• Unit sizes: For enquiries about the available sizes: 6thSettlement.com: 01117880843
• Prices: For enquiries about prices: 6thSettlement.com: 01117880843
• Payment plan: For enquiries about the payment plans: 6thSettlement.com: 01117880843
• Handover: For enquiries about the handover date: 6thSettlement.com: 01117880843

Call 6thSettlement.com: 01117880843WhatsApp

Contact 6thSettlement.com About Nawassy Developments Projects

For detailed information about Nawasy Developments’ projects, or to reserve your ideal unit in the newest malls and residential developments, you can contact us directly through the following channels:

📞 6thSettlement.com sales and property advisory line: 01117880843.

💬 6thSettlement.com WhatsApp: 01117880843.

Get a free property consultation from our professional sales team to discover the best investment opportunities and the payment plans that suit your budget.

Frequently Asked Questions About Nawasy

Who founded and owns Nawasy?

Nawasy Developments was founded in 1994 and is the product of a merger and a strong strategic alliance with the ENCO Egypt construction group. The company is run by a board of directors made up of a select group of senior experts and partners in the contracting and property development sectors, which gives it considerable investment weight.

What are Nawasy’s leading projects?

“Nawassy Mega Mall” in the Fifth Settlement on the Suez Road is currently the company’s most prominent and iconic project, launched in cooperation with Hassan Allam. The company also has expansion plans covering residential developments such as “Nest Compound” along with other commercial and administrative projects in eastern Cairo.

What payment plans are available in Nawasy’s projects?

The company offers extremely flexible payment plans suited to investors, with reservation deposits starting from EGP 50,000 (refundable) and comfortable instalment periods reaching 8 years. For details of the latest plans, please call 6thSettlement.com: 01117880843.

Where is Nawasy’s head office?

The company’s head office is in New Cairo in the Fifth Settlement, from where it manages its operations and projects across eastern Cairo. For the full address and to arrange a visit, please contact us on 6thSettlement.com: 01117880843.

How can I reserve a unit in Nawasy’s projects?

You can easily reserve your commercial or administrative unit by contacting the 6thSettlement.com advisory team on the 6thSettlement.com sales and advisory line 01117880843 or via WhatsApp on the same number, where our team will help you choose your unit and complete the reservation formalities.

When was Nawasy founded?

Nawasy’s roots in the Egyptian market reach back to 1994, when it began as a strong player in the construction and contracting sector, growing over more than 25 years into one of Egypt’s most important independent property developers.

What are the expected handover dates for the company’s projects?

Nawasy is committed to precise timetables for delivering its projects to the highest quality standards. Handover dates differ between Nawassy Mega Mall and the other residential developments; for accurate details of when units will be received, please call 6thSettlement.com: 01117880843.