Saudi American Developments

Last updated: July 2026

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About Saudi American Real Estate Development

Saudi American Real Estate Development (SAG Investment) ranks among the most prominent strategic alliances in the Egyptian market. The company was established and began investing in Egypt in earnest in 2017, representing a powerful partnership between entities from the United States, the Kingdom of Saudi Arabia and Egypt. The alliance is led by Eng. Mosaab El Naggar and Mr Basel El Naggar as founders and chairmen of the board. The group brings combined expertise exceeding 35 years in residential and commercial property development. Its activity centres on integrated residential developments, coastal holiday villages and serviced hotel units, along with select retail components inside its communities, all aimed at meeting the needs of a broad segment of buyers who demand high quality.

Saudi American has developed markedly through several strategic phases. The founding and market-entry phase (2017-2019) coincided with Egypt’s construction boom, followed by a phase of strong expansion into coastal and hospitality projects (2020-2023). The company has kept its trading name, “Saudi American Group – SAG Investment”, unchanged, drawing on the confidence buyers place in this international alliance. Its focus on fourth-generation cities has accelerated its growth, blending American planning standards with Saudi financing capability and Egyptian investment opportunity to deliver distinctive property products that meet the demands of the times.

The company holds a respected position as one of the mid-to-large developers operating vigorously in the new cities, and it has built its reputation on delivery quality and commitment. Geographically, it concentrates on today’s most important investment destinations, including the New Administrative Capital, New Alamein, Galala City, New Mansoura and Hurghada. Two core competitive advantages define the company: merging residential with hospitality to generate investment returns for buyers, and offering flexible long-term payment plans that suit shifting economic conditions and appeal to the middle and upper-middle segments.

Across roughly 8 years of active work in the Egyptian market, the company has successfully launched several strategic projects spread across at least 5 major cities. While the total number of units handed over has not been officially published, market indicators confirm the steady growth of both its client base and its land bank.

The Board of Saudi American

The board of Saudi American Real Estate Development is chaired by Eng. Mosaab El Naggar and Mr Basel El Naggar, who together represent the founding and senior executive leadership of the alliance in the Egyptian market. They draw on accumulated international expertise exceeding 35 years in managing and developing residential and commercial property projects across the United States, Saudi Arabia and Egypt. This pair has led the company since its launch in 2017 to become a prominent name in fourth-generation cities, with a focus on embedding international planning and construction standards into products tailored to local market requirements.

Given the nature of the strategic alliance, the officially published information is limited to the senior leadership, namely:

• Eng. Mosaab El Naggar – Chairman of the Board and Founder
• Mr Basel El Naggar – Chairman of the Board and Founder *(Note: details of the remaining board members and other executive positions are not currently available in open sources).*

The board’s leadership philosophy rests on leveraging the international alliance to deliver high execution standards suited to Arab markets. Management focuses on adherence to delivery dates, quality of finishing, and flexible payment plans as strategic tools for building a durable reputation.

The Vision and Mission of Saudi American

Company Vision

Saudi American Real Estate Development aims to be the leading developer and the first choice for buyers in Egypt’s fourth-generation cities by 2030. The company has adopted an ambitious vision built on delivering residential, coastal and hospitality projects that match international standards, drawing on the expertise of its three-way alliance. That vision seeks to leave a distinctive architectural mark combining luxury, technological advancement and sustainability, creating fully integrated communities that elevate residents’ lifestyles and secure the highest investment returns for clients in the property market.

Company Objectives

1. Considered geographic expansion: increasing the volume of investment and projects in fourth-generation cities such as the New Administrative Capital, Alamein and Galala.
2. Architectural and hospitality distinction: delivering serviced residential and coastal products finished to hotel standard, meeting the aspirations of the upper-middle segment.
3. Financial flexibility: providing long-term payment and instalment plans with low down payments to support buyers’ purchasing power.
4. Commitment and quality: building a strong corporate reputation through strict adherence to delivery dates and full compliance with engineering specifications.
5. Strategic partnerships: attracting further regional and international partnerships to strengthen the group’s financing and delivery capability.
6. Growing market share: capturing a larger slice of Egypt’s coastal and tourism property market.

Company Values

• Professionalism: applying the highest professional and engineering standards in planning, delivering and managing every project.
• Outstanding quality: a commitment to using the finest building materials to guarantee the durability and architectural superiority of every development.
• Flexibility: adapting quickly to market shifts and providing inventive financial solutions that suit every investor segment.
• Customer focus: placing the client’s needs at the top of the agenda to secure their satisfaction and build long-lasting relationships of trust.
• Transparency: complete clarity on contract terms, prices and delivery dates, with no hidden clauses.

Key Projects by Saudi American

New Capital Project

An integrated residential development in the heart of the New Administrative Capital, designed to meet the expectations of buyers seeking refinement and calm. The project combines luxury apartments with villas and provides service and retail zones covering everyday needs. It benefits from a strategic position close to the main axes and key landmarks, and targets families and investors looking for a modern home and flexible payment plans that secure a safe investment return in the most important of the fourth-generation cities.

• Location: the New Administrative Capital, close to the main axes
• Total area: not officially published
• Unit types: apartments – villas
• Unit sizes: from 80 m² to 350 m²
• Prices: starting from 1,500,000 EGP (indicative prices)
• Payment plan: 10% down payment – instalments over 10 years
• Delivery: 2027
• Finishing: core and shell / fully finished

Call 6thSettlement.com: 01117880843WhatsApp

New Alamein Project

A distinguished coastal resort in New Alamein City, created to deliver an exceptional summer and hospitality experience on the Mediterranean shore. The project comprises upscale chalets and fully serviced hotel units, together with green spaces and complete beachfront facilities. It targets holidaymakers and investors who want leisure units generating strong rental income, and it draws on the advanced infrastructure of the captivating city of Alamein.

• Location: New Alamein, close to the beach
• Total area: not officially published
• Unit types: chalets – hotel units
• Unit sizes: from 60 m² to 150 m²
• Prices: starting from 2,000,000 EGP (indicative prices)
• Payment plan: 10% down payment – instalments over 8 years
• Delivery: 2026
• Finishing: fully finished

Call 6thSettlement.com: 01117880843WhatsApp

Galala Resort Project

A fully integrated holiday village set in the enchanting Galala area overlooking the Red Sea. The project focuses on chalets and hotel units with sweeping panoramic views of both the sea and the mountains. It provides complete leisure services, swimming pools and retail zones, making it the ideal year-round holiday destination for lovers of nature and for investors in the domestic tourism sector.

• Location: Galala City / Ain Sokhna
• Total area: not officially published
• Unit types: chalets – hotel units
• Unit sizes: from 70 m² to 140 m²
• Prices: starting from 2,200,000 EGP (indicative prices)
• Payment plan: 15% down payment – instalments over 7 years
• Delivery: 2026
• Finishing: fully finished to hotel standard

Call 6thSettlement.com: 01117880843WhatsApp

New Mansoura Project

A coastal residential community in New Mansoura, the tourism capital of the Delta. The project brings together quiet residential living and refreshing seaside air, offering a mix of apartments, villas and chalets. It stands out for its contemporary design and refined community services, and it targets Delta families looking for an elevated standard of living and a safe investment in a city with complete services.

• Location: New Mansoura, close to the corniche
• Total area: not officially published
• Unit types: apartments – villas – chalets
• Unit sizes: from 80 m² to 250 m²
• Prices: starting from 1,200,000 EGP (indicative prices)
• Payment plan: 10% down payment – instalments over 10 years
• Delivery: 2027
• Finishing: core and shell

Call 6thSettlement.com: 01117880843WhatsApp

Hurghada Touristic Project

A world-class tourism and hospitality destination in the city of Hurghada, designed to draw both domestic and international visitors. The project comprises hotel units and luxury chalets run under professional hospitality management to guarantee the highest levels of comfort. Its proximity to the Red Sea beaches and the city’s busiest districts makes it a golden investment opportunity for anyone seeking strong dollar-denominated and rental returns in one of Egypt’s most important tourism cities.

• Location: the city of Hurghada, close to the tourist landmarks
• Total area: not officially published
• Unit types: hotel units – chalets
• Unit sizes: from 60 m² to 120 m²
• Prices: starting from 2,500,000 EGP (indicative prices)
• Payment plan: 15% down payment – instalments over 7 years
• Delivery: 2025
• Finishing: fully finished to hotel standard

Call 6thSettlement.com: 01117880843WhatsApp

Mixed-Use Commercial Project

A mixed-use complex bringing together retail space, offices and serviced hotel units in a prime location within the fourth-generation cities. The project sets out to provide an advanced working environment and contemporary shopping space serving the residential density across the company’s developments. It targets entrepreneurs, brands and investors looking for commercial un