What United Housing and Development does

United Housing and Development (UHD), also referred to as 'United For Housing & Development' and trading on the Egyptian Exchange under ticker UNIT, is one of the oldest real estate development companies in Egypt, founded in 1907 as Qabbari Lands Company and restructured into its current form following a January 1965 merger of five real estate companies. Headquartered in Alexandria with a regional office in New Cairo, UHD operates in the purchase, sale, and subdivision of land, the development and sale of integrated residential, commercial, administrative, medical, and tourist projects, and the rental of heritage properties in Alexandria's premier downtown districts. Its active product surface includes the Montaza City integrated development in El-Seyouf (255,600 sqm), the Fardous October project in 6th of October City (70,000 sqm), and a portfolio of 32 heritage buildings across strategic Alexandria locations.

The company generates revenue through four distinct streams: one-time land sales and integrated project unit sales (land development, Montaza City, Fardous October); recurring rental income from heritage buildings in locations including Salah Salem Street and Saad Zaghloul Street; investment returns from its wholly-owned subsidiary UDC Investments (established 2012) and Flourish Investment across real estate, industrial, and equity market sectors; and transaction-based returns from minority stakes in entities such as USG General Contracting, PRE Real Estate Investment, PHC Food, and Mashareq Real Estate Investment. UHD serves middle-class Egyptian residential buyers, commercial and retail investors in mixed-use projects, heritage property tenants, and institutional/JV investment partners, with a sales-led go-to-market executed through direct offices, project sites, and a bilingual corporate website. As of the latest disclosed capital structure, UHD carries issued and paid-up capital of 335,578,036 EGP across 268,462,429 shares with a nominal value of 1.25 EGP per share.

UHD's differentiation rests on long-tenured brand recognition (113 years), a substantial accumulated land bank of 425,000 sqm in the high-density El-Seyouf area, irreplaceable heritage real estate in Alexandria's strategic downtown locations, and a diversified investment arm spanning real estate, industrial, food/dairy, and infrastructure sectors. Pricing is quote-based and not publicly disclosed, and the company maintains an English/Arabic investor relations channel consistent with its publicly listed status under Egyptian joint-stock company law (Law No. 159 of 1981 and Capital Market Law No. 95 of 1992).

Name

United Housing and Development

Legal name

United For Housing & Development

Website

https://united-housing.com

Company type

Public

Founded year

1907

Operating status

Operating

Short description

United Housing and Development is an Alexandria-based Egyptian real estate developer, founded in 1907 and listed on the EGX under ticker UNIT, developing and selling integrated residential, commercial, and medical projects (Montaza City, Fardous October), managing 32 heritage buildings, and operating an investment arm (UDC Investments) across real estate and industrial sectors.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721), New Multifamily Housing Construction (except For-Sale Builders) (236116), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Real estate development
• Residential property
• Commercial property
• Heritage buildings
• Land development

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Land Development and Sales: Core revenue from purchase, sale, and division of lands in Alexandria, with approximately 10 million sqm developed and sold over 113 years.
2. Integrated Real Estate Projects: Sale of residential, commercial, administrative, and medical units in integrated projects like Montaza City and Fardous October.
3. Heritage Property Rental Income: Rental income from heritage buildings in strategic downtown Alexandria locations including properties on Salah Salem Street, Saad Zaghloul Street, and other heritage buildings.
4. Investment Returns: Returns from subsidiaries and portfolio companies including UDC Investments (real estate and industrial investments), Flourish Investment, and stakes in other companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

United Housing and Development is a real estate development company that purchases, sells, and subdivides land in Alexandria, Egypt, and develops integrated residential, commercial, administrative, and medical projects for sale and rent. The company operates a 425,000 sqm land bank in the El-Seyouf area of Alexandria, has developed and sold approximately 10 million sqm of land over 113 years, and owns 32 heritage buildings in strategic downtown Alexandria locations that generate rental income.

Product overview

United Housing and Development (UHD) is a real estate development company operating in Egypt since 1907. The company offers a portfolio of integrated real estate projects and services including: (1) Montaza City – a large integrated residential/commercial/administrative project in Alexandria's El-Seyouf area; (2) Heritage Buildings Portfolio – 32 historical properties in prime Alexandria locations; (3) Fardous October – an integrated residential/commercial/office/medical project in 6th of October; (4) UDC Investments – the investment subsidiary managing real estate and industrial investments. The company has developed and sold approximately 10 million square meters of land and owns a land bank of approximately 425,000 m² in El-Seyouf.

Differentiator

Problem solved

Functional benefit

Products and services

• Montaza City

Quantifiable outcome

• 113 years of continuous operation in Egyptian real estate market
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• UDC InvestmentscoreOthers · 1 January 2012Wholly-owned investment subsidiary established in 2012 to serve as the investment arm of UHD. Invests across real estate, industrial sectors, and Egyptian stock market. Has stakes in multiple real estate and industrial companies.
• Flourish InvestmentcoreOthers · 1 January 2012Subsidiary focused on industrial investments with 99.9996% ownership by UHD. Invests in cables, infrastructure, food, dairy products, and water treatment sectors.
• USG General ContractingminorImplementation/ SI/ Consulting Partner25% owned subsidiary providing general contracting services for UHD projects.
• PRE Real Estate InvestmentminorStrategic or Co-development Partner25% owned joint venture for real estate investment activities.
• PHC FoodminorStrategic or Co-development Partner24.5% owned subsidiary in the food/dairy industry as part of industrial investment diversification.
• Mashareq Real Estate InvestmentminorStrategic or Co-development Partner10.1% owned associate in real estate investment sector.
• Sabbour Consulting OfficecoreTechnology or IntegrationRenowned Egyptian consulting firm that designed the master plan for Montaza City project - one of UHD's flagship integrated residential developments.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• SODIC: Egyptian real estate developer focused on premium integrated residential and mixed-use projects in Greater Cairo and North Coast, listed on EGX. Comparable to UHD's integrated project delivery (Montaza City, Fardous October) and middle-class-to-premium buyer targeting.
• Amer Group: Egyptian real estate developer building integrated residential, commercial, and tourism projects such as Porto Group resorts and Cairo-based communities. Comparable to UHD as an EGX-listed Egyptian developer with mixed residential, commercial, and resort-style project portfolio.
• Ora Developers: Egyptian developer of integrated residential and mixed-use projects including Ora Marina, ZED Towers, and Silver Sands. Comparable to UHD on integrated community building and EGX/Egyptian market positioning, though focused on premium segments.
• Mountain View (DMG - Dar Al-Ma'ali Group): Egyptian developer of integrated residential communities in Greater Cairo, North Coast, and East Cairo with master-planned projects including Hyde Park, iCity, and Mountain View. Closely comparable business model to UHD's integrated community development approach.
• Tatweer Misr: Egyptian developer of integrated residential communities including Madinaty, Il Monte Galala, and Fouka Bay. Directly comparable in master-planned integrated township delivery and middle/upper-middle-class buyer targeting within Egypt.
• City Edge Developments: Egyptian joint-venture developer between NUCA and Housing & Development Bank creating new urban communities, including Al Maqsad and New Alamein. Comparable in integrated residential community delivery model within Egypt.
• Palm Hills Developments: Egyptian master-planned residential and mixed-use developer listed on EGX, building integrated communities targeting middle- to upper-middle-class Egyptian buyers across Cairo and coastal cities. Directly comparable to UHD as a public Egyptian homebuilder with land bank, integrated project model, and EGX-listed equity.
• Emaar Misr: Egyptian subsidiary of Emaar Properties, one of the largest integrated township developers in Egypt (e.g., Mivida, Marassi, Uptown Cairo). Comparable to UHD on integrated residential/commercial development, master-planned communities, and EGX listing, though with a far larger land bank and broader geography.
• Heliopolis Housing and Development (HHD): Historic Egyptian real estate developer established around the same era as UHD, focused on Heliopolis district of Cairo with heritage property portfolio and residential/commercial development. Highly comparable as a long-established Egyptian developer with heritage assets and similar product mix.

Broad incumbents

• El Gouna / Orascom Development Egypt: Egyptian-listed developer of fully integrated town destinations (El Gouna, Makadi, Taba Heights) with mixed-use residential, hospitality, and commercial components. Comparable to UHD's integrated community development and EGX listing, with broader hospitality/destination-resort scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/united4housing

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about United Housing and Development