ERA Developments

What ERA Developments does

ERA Developments is an Egyptian private real estate developer headquartered in Giza, Egypt, focused on integrated residential compounds and a single commercial retail asset in the 6th of October City and Sheikh Zayed City submarkets. Founded in 2016, the company operates four projects: Astoria Park (a 12.5-acre residential compound with 7 apartment buildings and 16 villas), Hai Almontaza (a residential neighborhood offering apartments and townhouses), Wahet Zayed 1 & 2 (luxury residential units in Sheikh Zayed City), and Quattro Mall (a 3.8-acre commercial center with 16,000 square meters of rentable space). Residential units in Astoria Park range from 132 to 327 square meters, and project amenity packages include solar-powered lighting poles, running tracks, swimming pools, gyms, supermarkets, landscaped parks, security systems, and underground parking.

The company sells directly to end customers through a showroom at the Al-Montazah District Mall in Hadayek October and via a bilingual Arabic/English website with a single published phone number (01022168858). Revenue is generated through one-time sales of residential units and commercial spaces, with no disclosed recurring revenue stream beyond the implied rent base of Quattro Mall. Customer segments are middle-to-upper-income residential buyers and commercial retail tenants. The company operates with approximately 20 employees, no disclosed institutional investors, no management team information, no certifications, and no patents or trademarks.

The portfolio is differentiated by sustainability features (solar-powered lighting), integrated mixed-use design (residential compounds co-located with retail), and amenity density. Distribution is wholly concentrated in Giza, Egypt, with no international footprint. The business model is project-cycle and inventory-driven, and pricing is quote-based and not publicly disclosed. The company competes in a fragmented Egyptian residential development market without identifiable proprietary technology beyond its amenity packages, and there is no disclosed evidence of digital platform, AI, or data capabilities.

Name

ERA Developments

Legal name

Era Developments

Website

https://era-eg.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

ERA Developments is a privately held Egyptian real estate developer that builds integrated residential compounds and a commercial retail mall in the 6th of October City and Sheikh Zayed City markets of Giza, Egypt, selling units directly to middle-to-upper-income buyers through a showroom and bilingual website.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Residential real estate
• Property development
• Commercial real estate
• Housing compounds
• Shopping mall development

Headquarters

HQ city

6th of October City

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: ERA Developments generates revenue through the sale of residential units including apartments, villas, and townhouses in their developed compounds.
2. Commercial Property Sales and Rentals: Revenue from commercial spaces including retail mall units (Quattro Mall) with rentable space of 16,000 square meters.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

ERA Developments develops, sells, and leases integrated residential and commercial real estate in the 6th of October City and Sheikh Zayed areas of Giza, Egypt. The company sells apartments, villas, and townhouses within amenity-rich compounds (Astoria Park, Hai Almontaza, Wahet Zayed 1 & 2) and operates Quattro Mall, a 16,000 sqm shopping mall with retail, dining, and parking for commercial tenants.

Product overview

ERA Developments is a real estate developer offering property solutions in the 6th of October area of Giza, Egypt. The company operates four distinct projects: Astoria Park (a 12.5-acre residential compound with apartments and villas), Hai Almontaza (a residential neighborhood with apartments and townhouses), Wahet Zayed (luxury residential units in Sheikh Zayed City), and Quattro Mall (a commercial retail center). The portfolio covers both residential and commercial real estate segments, with properties featuring amenities such as running tracks, swimming pools, shopping facilities, and security systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Astoria Park Residential compound in 6th of October City featuring 7 apartment buildings and 16 villas built on 12.5 acres, with unit areas ranging from 132 to 327 square meters. Includes a running track, lake, shopping mall, gym, supermarket, security systems, family park, and solar-powered lighting. Targeted at middle to upper-income individuals and families seeking residential properties.
• Hai Almontaza Residential development in the Al-Montazah neighborhood of October Gardens offering apartments of various sizes and townhouse units for sale. Targeted at families and individuals looking for residential properties in the 6th of October area.
• Wahet Zayed 1 & 2 Residential project located in Sheikh Zayed City featuring a unique design with all units having views of internal landscaped spaces, swimming pools, walkways, and arranged flowers. Units benefit from sea-facing orientation with diverse space options. Targeted at upper-income buyers seeking luxury residential properties.
• Quattro Mall Shopping mall situated in Hadaek October (6th of October area) spanning 3.8 acres with 16,000 square meters of rentable space. Features four separate buildings surrounding a yard plaza with recreational areas, cafes, restaurants, underground parking, and cargo garage connected to warehouses. Targeted at retail tenants and shoppers in the surrounding residential settlements.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Amer Group: Egyptian real estate developer with residential, commercial, and resort projects. Overlaps with ERA on residential compound product and mixed-use community development in the Cairo region.
• Tatweer Misr: Egyptian developer of integrated residential communities in 6th of October, New Cairo, and the North Coast. Direct competitor on compound-style residential product with amenity-rich positioning.
• SODIC (Six of October Development & Investment): One of the largest listed Egyptian developers operating primarily in 6th of October City and Sheikh Zayed — the exact same micro-market as ERA. Comparability is direct in customer base, location, and product type (residential compounds, villas, apartments).
• Ora Developers: Egyptian real estate developer with residential projects in 6th of October and other Cairo suburbs. Comparable in product mix (residential compounds, villas, apartments) and target buyer segment.
• Hassan Allam Properties: Egyptian developer with residential and mixed-use projects in 6th of October City and Sheikh Zayed. Comparable in integrated residential compound offerings and middle-to-upper income buyer focus.
• Mountain View (DMG): Egyptian developer focused on residential compounds in 6th of October, New Cairo, and the North Coast. Directly comparable product line (residential compounds with integrated amenities) and customer base.
• Palm Hills Developments: Major Egyptian residential developer with significant 6th of October / Sheikh Zayed exposure. Competes with ERA on residential compounds, villa clusters, and integrated community formats targeting middle to upper-income buyers.

Broad incumbents

• Emaar Misr: Egyptian arm of Emaar Properties, one of the largest developers in the country. Competes at the upper end of the same residential compound market in Cairo's western suburbs and similar gated-community positioning.
• Madinet Nasr Housing (MNHD): Listed Egyptian developer with diversified residential and commercial portfolio. Competes in the broader residential-property market in Greater Cairo and offers comparable apartment and villa product.
• El Gouna Properties / Orascom Development Egypt: Large Egyptian developer with diversified residential and mixed-use projects across Egypt. Competes in the broader residential-property market and offers comparable large-scale community development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/era-for-urban-development

Revenue estimate

Valuation estimate

Number of profiles

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 ERA Developments