Shary
Al Farid Developments

Al Farid Developments

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Shary developer index

How is it calculated?

Liquidity and selling speed — 19%
Price growth after delivery — 20%
On-time delivery — 10%
Financial solvency — 15%
Developer growth — 10%
Product quality — 9%
Services and facilities — 4%
Service and support — 4%

The developer index is a score out of 100 from 8 factors that measure the developer's record across all projects.

Where do these numbers come from? The average index of the developer's published projects; if the Shary team enters a score or breakdown for the developer in the dashboard, that is shown instead. The developer is ranked by the same score on the Shary Index page.

Developer’s areas

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Al Farid projects

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About Al Farid

Al Farid Development built its presence in New Cairo through geographic specialization rather than broad territorial expansion. Available market references point to experience exceeding 30 years, although some sources mention more than 20 years, creating a timeline that still requires verification. The visible operating pattern suggests a company focused on residential execution within a clearly defined urban zone.

The company’s numbers reveal more than promotional positioning. Al Farid Development delivered over 300 residential units across New Cairo and expanded activity into Fifth Settlement, El Yasmeen, El Narges, El Banafseg, and El Andalus. An interesting observation is that market references repeatedly highlight delivered units instead of total project count, indicating a gradual and localized development model.

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Al Farid Development appears to operate differently from developers pursuing continuous large-scale launches. The company relied on engineering firms and architectural consultants without publicly identifying specific names. Comparative reading suggests that trust has been built through delivery history, location selection, and payment flexibility rather than through an oversized corporate profile.

About Al Farid Development

Al Farid Development started through construction and residential execution before evolving into a more focused development model centered on New Cairo. Publicly available information does not confirm capital size, executive structure, or an exact launch date, yet the company is consistently associated with more than 30 years of market experience. The business direction appears intentionally local rather than geographically extensive.

History of Al Farid Development and Its Journey

The company’s path developed through incremental residential expansion rather than large master plan launches. Early activity concentrated on small and mid-scale residential projects across New Cairo before extending into districts including El Narges, El Yasmeen, El Banafseg, Fifth Settlement, and Hay El Watan. More than 300 delivered units became a practical measure of market presence and customer confidence over time.

Vision and Mission of Al Farid Development

Al Farid Development follows a residential development philosophy centered on location quality, façade identity, pricing flexibility, and repeated delivery standards rather than mixed-use diversification. This direction can be observed through concentration within residential districts instead of entering multiple asset classes. The company also appears to rely more on execution continuity than on award-driven positioning.

Key milestones associated with the company:

• Delivered more than 300 residential units across New Cairo according to available market references.
• Expanded project activity across El Narges, El Yasmeen, El Banafseg, Fifth Settlement, and Hay El Watan.
• Worked with engineering firms and design offices without publicly naming specific partners.
• No verified awards or certified recognitions were identified in the reviewed sources, so no unsupported distinctions are included.

Al Farid Development Projects

Al Farid Development maintains a portfolio shaped around residential districts in New Cairo rather than wide geographic expansion. The current project map reflects repeated investment within established neighborhoods instead of entering multiple cities at once. This pattern suggests a strategy focused on local market familiarity, residential demand cycles, and controlled execution growth.

Projects by Al Farid Development:

• New Narges Project G259
• New Narges Project G65
• Hay El Watan Projects
• El Yasmeen District Projects
• Fifth Settlement Projects
• El Andalus District Projects

Frequently asked questions

Which payment plans are available?

The plan differs from one project to another — the down payment and installment years are on each project card.

Can I sell my unit before delivery?
It depends on the contract terms and how much has been paid. Contact us and we will go through the resale terms of your project with you.
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