Shary
Concept Developments

Concept 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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Concept projects

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About Concept

Concept Developments

Company Overview

Concept Developments was established in 2009 as an extension of Franco Tech for Engineering Works, a company specializing in infrastructure development, including water, sewage, and electricity networks. Leveraging this strong foundation and extensive expertise, Concept Developments quickly became one of the leading real estate companies in Egypt.

Need help choosing in Concept Developments?

Key Success Factors

1. Strong Leadership & Expertise

  • The company is led by Eng. Ehab Abou El Magd, Chairman, who brings extensive experience and a visionary approach to real estate development.
  • Concept Developments benefits from Franco Tech’s infrastructure expertise, enhancing its execution and planning capabilities.

2. Exceptional Team

  • The company has a highly skilled team of engineers and consultants.
  • Among them is Dr. Hossam Abdel Magid, who supervises most of the company's projects in the New Administrative Capital and is a senior consultant at Sorouh Real Estate.

With its expert leadership, strong technical foundation, and a commitment to quality, Concept Developments continues to be a key player in Egypt’s real estate sector, delivering well-planned, high-quality developments.

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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