Al Ahly Sabbour Developments is one of the oldest and most geographically widespread real-estate developers in Egypt. It began in 1994 under consulting engineer Hussein Sabbour and grew from an engineering consultancy into a developer with more than 65 projects across over 12 million m², serving more than 40 thousand Egyptian and Arab families. Its ownership structure sets it apart from most private developers: 60% is held by the Sabbour family and 40% by the National Bank of Egypt, giving its projects an institutional and banking backing that is rare in the market.
Al Ahly Sabbour's projects are spread across seven main regions: New Cairo and Mostakbal City in the east, Sheikh Zayed and 6th of October City in the west, the North Coast and Ras El Hekma, Ain Sokhna, and Hurghada, along with expansion abroad in the Sultanate of Oman and Saudi Arabia. Its work is not limited to residential: it includes integrated communities, coastal villages, commercial and hospitality projects and sports clubs, a variety that lets buyers compare several of the company's delivered models before they decide.
As of September 2026, prices for Al Ahly Sabbour projects advertised on brokerage platforms start from around 4.6 million EGP in The Mornings compound in New Cairo and reach more than 29 million EGP in Gaia village in Ras El Hekma, with payment plans that start with no down payment and run up to 12 years in some launches. These remain starting prices that vary by project, phase and unit.
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Who is Al Ahly Sabbour?
Al Ahly Sabbour began in 1994 as an extension of one of the oldest engineering consultancies in Egypt, founded by engineer Hussein Sabbour, and then became a joint-stock real-estate development company under Law No. 159 of 1981. In 1998 the National Bank of Egypt joined as a partner with 40% of the shares against 60% for the Sabbour family, and the company's name comes from this partnership, which brings together the bank and the founding family.
This engineering background means the company entered real-estate development through design and execution rather than through marketing, which shows in its reliance on international design firms for its recent projects, such as WATG for Summer village on the North Coast. The banking partnership gives buyers something most private developers cannot offer: a major institutional shareholder that keeps an eye on financial commitments and delivery dates.
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Al Ahly Sabbour in numbers
- 30 years of accumulated experience in real-estate development since 1994.
- More than 65 projects across residential, coastal, commercial and hospitality, according to the company's official website, of which between 57 and 62 are main projects.
- More than 12 million m² of developed land across Egypt.
- More than 40 thousand families, Egyptian and Arab, live in its projects.
- Around 26 thousand residential and commercial units delivered.
- 7 main regions inside Egypt, plus expansion abroad in the Sultanate of Oman and Saudi Arabia.
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Al Ahly Sabbour leadership
The company's board is chaired today by engineer Ahmed Sabbour, son of the founder, as Chairman and Managing Director. International Business Magazine named him "the most influential leader in Egypt's real-estate sector", and Forbes Middle East ranked him among the region's leading figures in the industry. Alongside him, engineer Sherif Soltan serves as Group CEO and Vice Chairman, engineer Tamer Erfan as Group Head of Investment, and engineer Ahmed Hendy as Head of Development and Project Management.
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Al Ahly Sabbour projects in East Cairo
Al Ahly Sabbour's largest portfolio is concentrated in New Cairo and Mostakbal City, ranging from compact apartments to standalone villas:
- The Mornings compound in the Yasmine district of the 5th Settlement offers apartments and offices from 110 m², with prices starting from around 4,652,000 EGP, a 5% down payment and instalments up to 8 years.
- At East compound in Phase 1 of Mostakbal City includes townhouses, twin houses and villas from 160 m², with prices starting from around 4,945,000 EGP, a 5% down payment and instalments up to 8 years.
- L'Avenir compound at the entrance to Mostakbal City offers apartments, duplexes and townhouses from 120 m², with prices starting from around 16.1 million EGP and plans of up to 6 years.
- The Rare project in Mostakbal City is dedicated to townhouses, with prices starting from around 19 million EGP, a 5% down payment and 7-year instalments.
- The Ridge and Alaire are the company's latest launches in East Cairo, with prices starting from around 22 million EGP in The Ridge.
- Odyssia compound in Mostakbal City spans 500 feddans with apartments and villas from 80 to 245 m², a 5% down payment and instalments up to 10 years.
- Katameya Hills compound sits on 90th Street across 156 thousand m², with units from 200 m², a 10% down payment and instalments up to 8 years.
- The Square compound on 90th Street offers units from 80 to 270 m², with prices starting from around 11.8 million EGP, a 10% down payment and 7-year instalments.
- Aria compound, near the Middle Ring Road, spans 108 feddans with units from 125 m², a 5% down payment and instalments up to 7 years.
- Green Square compound, near the Ring Road, spans 80 feddans with units from 165 m², with prices starting from around 19.5 million EGP.
- The Platinum, Lian and Grand Residence projects complete the company's delivered portfolio in the 5th Settlement.
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Al Ahly Sabbour projects in West Cairo
Keeva compound in 6th of October City is the company's most prominent project in West Cairo, spanning 144 feddans with units starting from 225 m², prices starting from around 22.8 million EGP, a 5% down payment and instalments up to 10 years. The company has also signed contracts worth 3 billion EGP with Al Shams Contracting to speed up the execution of Keeva, Summer and Gaia together, an indicator of the pace of construction across the three projects.
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Al Ahly Sabbour projects on the North Coast and in Ras El Hekma
The company owns five coastal villages stretching from Km 136 to Km 246 on the Alexandria–Marsa Matrouh road:
- Ten Islands village at Km 182 in Ras El Hekma spans 102 feddans, with villas and chalets with direct sea views from 30 to 240 m², prices starting from around 9.9 million EGP and instalments up to 10 years.
- YOUD village at Km 187 in Ras El Hekma spans 164 feddans, with villas and chalets up to 360 m², prices starting from around 6.5 million EGP, a 5% down payment and instalments up to 10 years.
- Summer village at Km 246 (Sidi Heneish) offers studios, chalets and villas designed by the international firm WATG, with prices starting from around 10.8 million EGP and a plan with no down payment and instalments up to 12 years. It has won the "Best Residential Project" award from Global Business Outlook.
- Amwaj village at Km 136 spans 360 feddans, with chalets, apartments and villas from 144 m², prices starting from around 8.4 million EGP and instalments up to 8 years.
- Gaia village at Km 194 in Ras El Hekma spans 280 feddans, with units from 121 m², prices starting from around 29.7 million EGP, a 10% down payment and 7-year instalments.
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Al Ahly Sabbour projects in Ain Sokhna and the Red Sea
Piacera village in Ain Sokhna is the company's Red Sea destination for those who want a year-round summer home close to Cairo, alongside the company's presence in Hurghada among its seven regions.
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Al Ahly Sabbour's expansion abroad
The company has expanded beyond the Egyptian market in two directions: the Sultanate of Oman through the Wadi Zaha, Wadi Safa and Wadi Tala projects, and Saudi Arabia through a cooperation agreement signed by Grande By Al Ahly Sabbour in April 2025 with Sarat Investment, chaired by Prince Saud bin Abdulaziz bin Fahd bin Farhan Al Saud, to develop real-estate projects in the Kingdom.
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Al Ahly Sabbour project prices 2026
Advertised prices for Al Ahly Sabbour projects in September 2026 start from around 4.6 million EGP, and vary by project, phase, unit type and location. The starting prices are as follows:
- The Mornings: from 4,652,000 EGP.
- At East: from 4,945,000 EGP.
- YOUD: from 6,500,000 EGP.
- Amwaj: from 8,400,000 EGP.
- Ten Islands: from 9,900,000 EGP.
- Summer: from 10,800,000 EGP.
- The Square: from 11,800,000 EGP.
- L'Avenir: from 16,100,000 EGP.
- Rare: from 19,000,000 EGP.
- Green Square: from 19,500,000 EGP.
- The Ridge: from 22,000,000 EGP.
- Keeva: from 22,800,000 EGP.
- Gaia: from 29,700,000 EGP.
The starting prices themselves also differ between brokerage platforms depending on the update date and the phase listed, so the advertised figure is a point of comparison, not a final price.
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Al Ahly Sabbour payment plans
Payment plans vary by project and phase, with down payments ranging from 0% to 15% and instalment periods from 5 to 12 years:
- Summer village's plan starts with no down payment and instalments up to 12 years, the longest in the company's portfolio.
- Most Mostakbal City projects (The Mornings, At East, Aria) rely on a 5% down payment and instalments of 7 to 8 years.
- Instalment periods in YOUD, Ten Islands, Keeva and Odyssia reach 10 years with a 5% down payment.
- Projects such as The Square, Katameya Hills and Gaia rely on a 10% down payment and instalments of 7 to 8 years.
- Projects such as Green Square and Amwaj offer shorter plans with a 15% down payment and instalments of 5 to 6 years.
Each payment plan is tied to its phase and to the unit it applies to.
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Why buy from Al Ahly Sabbour?
- The ownership structure (40% held by the National Bank of Egypt) gives buyers institutional backing that most private developers cannot offer.
- A track record of more than 65 projects and 40 thousand families lets you visit delivered, lived-in communities before reserving in a new project.
- The geographic variety, from Mostakbal City to Ras El Hekma and Sokhna, offers a choice between a permanent home and a summer home within a single developer.
- Payment plans that start with no down payment and run up to 12 years lower the barrier to entry in some projects.
- The company's contracts with international design firms such as WATG and with major contractors worth billions of EGP reflect a pace of execution you can follow on the ground.
None of the above is a guarantee of profit or price appreciation; the evaluation of any unit still rests on its contract, its phase, its delivery date and market conditions.
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Frequently asked questions about Al Ahly Sabbour
When was Al Ahly Sabbour founded and who founded it?
It was founded in 1994 by consulting engineer Hussein Sabbour, starting out from one of the oldest engineering consultancies in Egypt.
Who owns Al Ahly Sabbour?
The Sabbour family owns 60% of the shares, and the National Bank of Egypt owns 40% since it joined as a partner in 1998.
Who is the current chairman of Al Ahly Sabbour?
Engineer Ahmed Sabbour, Chairman and Managing Director, with engineer Sherif Soltan as Group CEO.
How many projects does Al Ahly Sabbour have?
More than 65 projects across over 12 million m², according to the official website, serving more than 40 thousand families.
What are Al Ahly Sabbour's main projects in New Cairo and Mostakbal City?
The Mornings, At East, L'Avenir, Rare, The Ridge, Odyssia, Katameya Hills, The Square, Aria and Green Square.
What are Al Ahly Sabbour's projects on the North Coast?
Ten Islands, YOUD and Gaia in Ras El Hekma, Summer at Km 246, and Amwaj at Km 136.
How much do Al Ahly Sabbour projects start from?
From around 4,652,000 EGP in The Mornings, according to prices advertised in September 2026, with the price varying by project, phase and unit.
Does Al Ahly Sabbour have projects outside Egypt?
Yes, in the Sultanate of Oman (Wadi Zaha, Wadi Safa and Wadi Tala), and in Saudi Arabia through a cooperation agreement signed in April 2025 with Sarat Investment.
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Get Al Ahly Sabbour prices
Latest prices, payment plans and available units. The sales team will contact you.