Key Information About Contact Developments Contact Developments operates as an Egyptian joint-stock...
Key Information About Contact Developments
Contact Developments operates as an Egyptian joint-stock company in real estate development and construction. Its current activity focuses on the New Administrative Capital, New Cairo, and New Zayed. The company began with standalone residential buildings before moving into investment towers and gated residential communities. Its portfolio addresses investors seeking operational units and buyers looking for low-density villas in emerging locations.
Available sources identify at least 12 named projects and buildings that have been launched or completed, including five major current developments. Upove Community covers 10 acres and includes 62 villas, while Eval Towers occupies a 9,100-square-metre land plot. However, the company has not published clear official figures for its capital, total investment value, or number of delivered units.
Contact Developments operates across residential, commercial, administrative, medical, and hospitality sectors, reducing its dependence on a single demand category. Its approach is based on active locations, varied unit sizes, and payment plans extending to 12 years in selected launches. The available figures indicate gradual expansion, although assessing its competitive strength requires clearer construction, handover, and operational data.
About Contact Developments
Contact Developments is managed by professionals with more than 20 years of experience in development and construction across Egypt and Saudi Arabia, while some sources state that the company began operating in its current form in 2010. Dr Ahmed Fikry serves as Chairman, while Eng. Khaled El-Sioufy holds the positions of Vice Chairman and Managing Director. The company’s official legal establishment date still requires direct corporate confirmation.
History and Development of Contact Developments
Contact Developments began by constructing residential buildings in El Narges, El Lotus, El Andalus, Beit Al Watan, and El Banafseg in New Cairo. It later entered the New Administrative Capital through Mercury, Quan, Cayo, and Eval, before expanding into West Cairo with Upove Community in New Zayed. The portfolio has passed through three clear development stages, although complete launch dates and delivery percentages have not been publicly disclosed.
Vision and Mission of Contact Developments
The vision of Contact Developments is based on studying market needs before launching a project, selecting locations with active demand, and defining unit sizes suitable for different uses. Its mission focuses on building long-term client relationships, presenting flexible payment plans, and following projects after sales. These principles are publicly stated, while measurable maintenance, operation, and delivery-performance indicators still require regular disclosure.
- The company expanded from standalone residential buildings to five major projects across the New Administrative Capital and New Zayed, with a varied unit mix and range of property uses.
- Upove Community was launched across 10 acres with 62 villas, including 56 townhouses and six standalone villas, alongside an announced open-space ratio of 85%.
- Quan Tower occupies a 10,000-square-metre plot, with 4,093 square metres allocated to construction and the remaining land dedicated to services, circulation, and open areas.
- Cayo Mall was launched on 7,500 square metres and allocated to commercial activity through a ground floor and four repeated floors, with unit sizes starting from 30 square metres.
Contact Developments Projects
The Contact Developments portfolio includes residential and investment projects across the New Administrative Capital, New Cairo, and New Zayed, with at least 12 known names mentioned in currently available sources.
- Upove Community New Zayed.
- Eval Towers New Capital.
- Cayo Mall New Capital.
- Quan Tower New Capital.
- Mercury Mall New Capital.
- Project 101 in El Narges Extension.
- Villas in El Banafseg District.
