Shary
MNHD Developments

MNHD Developments

projects
13
units available
225

Shary developer index

Last updated October 2026
59 out of 100

Shary 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.

Projects

Delivered projects
13
Under construction
0
New projects
0

Developer’s areas

MNHD projects

13 results available

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About MNHD

Key Information About MNHD Developments

MNHD Developments enters the Egyptian real estate market through institutional trust before project names come into the discussion. The company’s legal name is Madinet Masr for Housing and Development, with roots connected to the development of Nasr City before its footprint expanded into New Cairo, East Cairo, Mostakbal City, New Heliopolis, and Assiut.

What gives the company weight is not its history alone, but its ability to move from a developer associated with one district into a wider real estate entity that understands housing demand, investment logic, and post-handover management. MNHD Developments does not depend only on heavy advertising. Its position is built on a project portfolio that can be tracked, supported by an operating experience that helps buyers read long-term value after actual occupancy, not only during reservation.

Need help choosing in MNHD Developments?

This places the company in a different space within the market. A buying decision today is no longer tied only to location and design. It is also tied to community management, service continuity, and the developer’s ability to protect property value over time.

Overview of MNHD Developments

Madinet Masr for Housing and Development began its journey in 1959 to develop the Nasr City area, before its commercial identity became widely recognized as MNHD Developments. The company was listed on the Egyptian Exchange on May 7, 1995. This listing gives investors and readers a way to review performance through measurable indicators instead of relying only on a long corporate history.

History of MNHD Developments and Its Growth Journey

MNHD Developments has passed through clear milestones. The company was established in 1959, then completed the Unknown Soldier Memorial project in 1975. Its listing on the Egyptian Exchange came in 1995, followed by the launch of Taj City in 2012 and Sarai in 2017. The acquisition of Minka in October 2021 opened a newer administrative phase under the leadership of Engineer Abdallah Sallam.

Vision and Mission of MNHD Developments

MNHD Developments builds its vision around turning land into a functioning community after the sale, not only into units sold on paper. The company operates across residential development, management, finishing solutions, clubs, payment platforms, and maintenance systems. This philosophy reduces dependence on one project and gives the company a wider ability to protect community value after actual occupancy.

  •  The company achieved new sales of EGP 52.6 billion during 2025, a figure that reflects strong demand for its current portfolio.
  •  The company recorded revenues of EGP 11.7 billion in 2025, with a net profit reaching EGP 2.354 billion.
  •  The company received awards linked to real estate innovation during 2023, supporting the development of its operating model.
  •  Engineer Abdallah Sallam received leadership awards in the real estate sector during 2023, after an administrative expansion phase that began in 2021.

MNHD Developments Projects

  •  Taj City.
  •  Sarai.
  •  The Butterfly.
  •  Talala.
  •  Zahw.
  •  Tajed.
  •  Shark Tank Business Park.
  •  D2N.
  •  Origami.
  •  Origami Golf.
  •  Kinda.
  •  Taj Sultan.
  •  Sheya.
  •  Elan.
  •  Cavana.
  •  Rai.
  •  Club Views.

Frequently asked questions

Which payment plans are available?
Most projects start from 1% to 15% down with installments over 7 to 15 years. The plan differs from one project to another.
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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