Shary
RIO Development

RIO Development

projects
1
units available
5

Shary developer index

Last updated October 2026
49 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
1
Under construction
0
New projects
0

Developer’s areas

El Sheikh Zayed City El Sheikh Zayed City 1 project

RIO projects

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About RIO

RIO Real Estate Investment Company (RIO Development)

Company Overview:

RIO Development was founded as a merger of two leading companies in the real estate market:

  • Gold House: Led by Mr. Hadi Shendi, who has extensive experience in the real estate sector, spanning back to 1998.
  • Diyaar Egypt: Led by Engineer Hossam Nagy, the former dean of the Engineering Authority of the Armed Forces, with a strong background in real estate development.

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These companies combine their rich expertise, ensuring a high level of trust among investors and clients for the projects developed by RIO. Both companies' history of fulfilling commitments and meeting delivery deadlines further strengthens their reputation in the real estate market.

Company Objectives:

RIO Real Estate aims to deliver outstanding real estate projects in strategic locations that provide real value to both clients and investors. The company offers competitive pricing, making its projects suitable for various segments and their needs. RIO is also committed to ensuring excellent investment returns by choosing strategic locations to guarantee long-term success.

Previous Projects by Gold House Real Estate:

  • Roses Compound New Capital: A luxurious residential project in the New Administrative Capital.
  • Palm Beach El Sokhna: A premium tourist resort in Ain Sokhna.
  • Village Lasirena North Coast: A distinguished tourist resort on the North Coast.
  • Lasirena Ain Mousa: Another resort in the Lasirena group located in Ain Mousa.
  • Lasirena Palm Beach El Sokhna: A luxurious resort in Ain Sokhna.

Previous Projects by Engineer Mohamed Talaat:

  • City Stars Towers: A luxurious commercial and administrative tower in Cairo.
  • Tiba Rosa Hotel: A premium hotel in the Taiba area.

Previous Work by KAD Company:

  • City Stars Mall, Nasr City: One of the most famous malls in Nasr City.
  • Maxim Mall, New Cairo: A commercial center in New Cairo.
  • Point 90 Mall, New Cairo: A distinctive commercial complex in New Cairo.

These projects reflect the vast experience and excellent reputation of the aforementioned companies in the real estate sector. They are known for delivering large-scale, distinctive projects in various vital areas across Egypt.

Frequently asked questions

Which payment plans are available?

There are projects with installments up to 9 years, and 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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