What Pyramids Developments does

Pyramids Developments is a privately held Egyptian real estate developer that has built a diversified portfolio of 11 mixed-use projects concentrated in the New Administrative Capital (9 projects) and extended into El Galala City, New Cairo, and 6th of October City. Its portfolio spans residential compounds (La Capitale Compound, La Capitale Suite Lagoons, Sky City El Galala), commercial and administrative malls (Grand Square, Champs-Élysées, Paris Mall, Paris East Mall, Pyramids Mall, Pyramids Business Tower), and integrated mega-developments (Pyramids City at 152.5 acres, Sky City at 282 acres), with the Pyramids Business Tower featuring an InterContinental hotel through a partnership with IHG Hotels & Resorts. The company's technology layer centers on an iOS/Android mobile application for project exploration and meeting scheduling, supported by smart building systems (intelligent lighting, air conditioning, fire safety, electronic gates) and select solar energy integration in Pyramids Mall.

Revenue is generated primarily through one-time unit sales of residential, commercial, and administrative space under flexible installment plans starting from a 5% down payment (down payments from EGP 300,000), complemented by managed commercial property operations across multiple malls, hotel and tourism operations (Sky City El Galala resort and InterContinental partnership), and ongoing property management services. Go-to-market combines a field sales-led motion across three branch offices with large in-branch exhibitions, direct-to-consumer engagement via website and mobile app, and earned media coverage of project milestones. Customers include individual homebuyers and real estate investors (primary segments), business owners and retailers occupying commercial space, plus government and diplomatic tenants colocated with ministries in the New Administrative Capital. Leadership is held jointly by Eng. Hesham El-Khouly and Dr. Walid El-Tayeb, both Chairmen of Pyramids Group for Real Estate Development.

Name

Pyramids Developments

Legal name

Pyramids Developments

Website

https://pyramidsdevelopments.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

Pyramids Developments is a privately held Egyptian real estate developer operating 11 mixed-use residential, commercial, administrative, and tourism projects primarily in the New Administrative Capital, serving individual homebuyers, real estate investors, retailers, and hotel guests.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Commercial and Institutional Building Construction (23622), Construction (23)

SIC

Operative Builders (1531)

akta.pro primary industry

Government & Civic Building Construction (Courthouses, City Halls, Public Safety) (IMAFACAF)

Keywords

• Real estate development
• Residential properties
• Commercial real estate
• Mixed-use developments
• Integrated communities

Headquarters

HQ city

Cairo

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Marketing or Sales, Operations, Infrastructure, Technology or R&D

Revenue model

1. Real Estate Unit Sales: Primary revenue stream from sales of residential, commercial, and administrative units across 11 projects in Egypt's most prominent investment cities. Revenue generated through one-time sales with flexible payment plans aligned with customer financial capabilities.
2. Commercial Property Operations: Revenue from operating commercial mall properties including Champs Elysees Mall, Grand Square Mall, Paris Mall, Pyramids Mall, and others with retail, dining, and entertainment tenants.
3. Hotel and Tourism Operations: Revenue from hotel and tourism developments including Sky City El Galala resort and InterContinental hotel partnership at Pyramids Business Tower.
4. Property Management Services: Ongoing property management, maintenance, and security services for residential compounds and commercial properties.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Pyramids Developments is an Egyptian real estate development company that develops, sells, and manages residential, commercial, administrative, hotel, and tourism properties across 11 integrated projects in Egypt's most prominent investment cities. The portfolio spans 282-acre resort developments, mixed-use towers with international hotel partners, and themed commercial malls, with units sold through flexible installment-based payment plans starting from EGP 300,000 down payment.

Product overview

Pyramids Developments operates a diversified real estate portfolio of 11 projects spanning residential, commercial, administrative, hotel, and tourism sectors across Egypt's most distinguished investment destinations. The portfolio is anchored by flagship mixed-use developments in the New Administrative Capital (La Capitale Compound, Grand Square Mall, Champs Elysees Mall, Paris Mall, Paris East Mall, La Capital Suite Lagoons, Pyramids Mall, Pyramids Business Tower, and Pyramids City), complemented by Sky City El Galala — the first integrated resort city at 750+ meters elevation on the Red Sea coast — and Pyramids City 5 in 6th of October City. The company positions itself as a pioneer in Egypt's real estate development industry, emphasizing integrated communities that combine residential, commercial, entertainment, and hospitality components.

Differentiator

Problem solved

Functional benefit

Brands

• La Capitale: First fully integrated residential, commercial, and entertainment development in the New Administrative Capital, spanning 13.5 acres in R7.
• Champs Élysées Mall
• Grand Square Mall
• Paris Mall
• Paris East Mall
• Pyramids Mall
• La Capitale Suite Lagoons
• Pyramids Business Tower
• Pyramids City
• Sky City El Galala
• Pyramids City 5

Products and services

• La Capitale Compound The first fully integrated residential, commercial, and entertainment development in the New Administrative Capital, spanning 13.5 acres (56,000 m²) in R7 on the Tourist Promenade, featuring a world-class shopping mall, exclusive clubhouse, swimming pools, and artificial lake. Residential units start from 70 m².
• Champs Élysées Mall Investment and commercial masterpiece in the New Administrative Capital's Government Financial District next to the Tax Authority, spanning 8,700 m² with approximately 600 commercial, administrative, and medical units distributed across seven upper floors plus ground floor.
• Grand Square Mall The first mall built and opened in the New Administrative Capital, located in the Government and Financial District. Spans 8,900 m² with seven floors, ground floor, and private basement parking, offering administrative, medical, and commercial units. Commercial units start from 25m per square meter.
• Paris Mall Mall spanning 23,700 m² featuring distinctive designs inspired by Paris landmarks including the Eiffel Tower. Integrates administrative and commercial units across a ground floor and 11 upper floors. Includes solar energy systems for environmental sustainability.
• Pyramids City 5 First project in West Cairo, strategically located in 6th of October City with 550-meter frontage on the 26th of July Corridor. Features residential, commercial, and administrative zones with 80% of the land dedicated to landscapes and world-class services.
• Pyramids City One of the largest real estate projects in Egypt spanning 152.5 acres, located at the main entrance to the New Administrative Capital. Represents the largest commercial mall in the Administrative Capital with Skyline Architecture and natural light flow. Commercial units start from 20m per square meter.
• La Capitale Suite Lagoons First integrated hotel and tourism complex in the New Administrative Capital, spanning 30.5 acres in R7 adjacent to the Diplomatic District. Combines luxury hotel stay amenities with modern living in buildings with ground floor plus seven upper floors each.
• Sky City El Galala Full city development spanning 282 acres on the Galala Plateau at 750 meters above sea level, with luxury architecture, natural landscapes, and panoramic Red Sea views. The first residential, touristic, and investment compound in the city of Galala.
• Paris East Mall Luxurious mall in the New Administrative Capital located in MU 23 between R2 and R3, spanning approximately 27,800 m² with a planned cable car connection to Paris Mall 1. Features distinctive commercial and administrative units.
• Pyramids Mall
• Pyramids Business Tower First tower built in Downtown New Administrative Capital, featuring commercial, administrative, medical, and hotel units. Spans 26,500 m² with 20 floors above ground, ground floor, and multiple garage levels. Commercial, administrative, medical, and hotel units start from 25m per square meter. Incorporates smart electronic gates, intelligent lighting, air conditioning, fire safety management, and 24/7 surveillance. Operates in partnership with InterContinental Hotels Group (IHG).

Quantifiable outcome

• First fully integrated residential compound in New Administrative Capital
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and major.

• IHG Hotels & Resorts (InterContinental)coreStrategic or Co-development Partner · 16 February 2023Pyramids Developments partnered with IHG Hotels & Resorts to bring InterContinental Hotel to Egypt's New Administrative Capital. The new luxury property will be part of Pyramids Business Tower, one of the most prominent mixed-use developments in the city. The Intercontinental New Capital will feature elegantly designed rooms and suites with world-class facilities, offering exceptional hospitality experience near Presidential Palace, Government Square, and Opera House.
• Major Design Companies and Engineering ConsultantsmajorTechnology or IntegrationPyramids Developments cooperates with major design companies and senior engineering consultants to provide valuable projects with special designs worthy of the company's vision in exporting and developing the real estate industry. The engineering department works at full capacity 24/7 to adhere to construction schedules.

Scale indicators17 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Mountain View: Major Egyptian residential compound developer building integrated communities in Cairo's new cities (New Administrative Capital, 6th October, North Coast). Directly comparable to Pyramids Developments on integrated master-planned communities targeting upper-middle-class buyers.
• Ora Developers: Naguib Sawiris-backed Egyptian developer focused on premium integrated communities in the North Coast, Cairo's Eastern Desert and NAC. Directly comparable in target buyer (high-net-worth), integrated mixed-use product and NAC presence.
• Madinet Nasr Housing and Development (MNHD): Long-standing EGX-listed Egyptian developer with active presence in New Administrative Capital, mixed-use and affordable residential projects. Comparable in Egyptian new-city focus and product mix including commercial.
• SODIC: EGX-listed Egyptian developer of premium mixed-use and residential projects in East and West Cairo, including significant New Administrative Capital exposure. Directly comparable in scale and integrated-development philosophy.
• Palm Hills Developments: EGX-listed Egyptian developer with diversified residential, commercial and resort communities across Cairo and the North Coast. Comparable to Pyramids Developments in product breadth and target buyer profile across Egypt's new urban developments.
• Tatweer Misr: Egyptian developer with diversified residential, commercial and administrative projects across New Administrative Capital, Mostakbal City and North Coast. Directly comparable on multi-segment project mix and NAC exposure.
• Amer Group: Egyptian developer with strong presence in the New Administrative Capital, delivering residential compounds and commercial projects. Directly comparable as a NAC-focused peer building both residential and commercial product.
• Emaar Misr: Egyptian arm of Emaar Properties developing large master-planned communities including Cairo Gate, Mivida and Uptown Cairo. Comparable to Pyramids Developments on integrated mixed-use scale and brand-led master communities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PyramidsDevelopments

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Pyramids Developments