Shary
Rayn Development

Rayn Development

projects
1
units available
24

Shary developer index

Last updated October 2026
89 out of 100

Shary Index

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Total sales

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Delivered on time

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

Rayn projects

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About Rayn

About Rayn Developments

Rayn Developments appeared as a modern real estate brand in 2020, not as a company founded in 1996. This distinction matters because 1996 refers to the background and experience of HST, while Rayn Developments is linked to the cooperation between Capital Developments and HST. Engineer Ehab El-Obaidi appears in the available data as the founder and CEO, which places the company within the newer generation of developers working in the New Administrative Capital.

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History of Rayn Developments and Its Market Path

Rayn Developments began its visible market activity after 2020, with a clear focus on the New Administrative Capital. Its projects moved mainly toward commercial, administrative, and medical uses, rather than early residential expansion. Before that date, the experience belongs to the company’s partners, especially HST, not to Rayn as a separate brand. This separation gives investors a more accurate reading before comparing the company with older developers in the market.

Vision and Mission of Rayn Developments

Rayn Developments builds its direction around projects that can operate within daily market demand. The company appears closer to small and medium commercial buildings, limited floors, and unit mixes that serve residents, employees, and visitors inside active districts. This direction is clear in Voco Mall New Capital, where the investment value depends on location, tenant mix, management quality, and post-handover operation.

  •  Rayn Developments recorded a measurable presence through Voco Mall New Capital, which includes 85 units inside a low-rise building.
  •  The company directed investments exceeding EGP 1,000,000,000 into Voco Mall, but this figure should be treated as a project investment, not as a declared company capital.
  •  Rayn Developments worked with OYK for design and IN Commercial for management and operation, which gives the project a stronger operational angle before judging ROI or expected yield.
  •  No verified awards appear under the company’s name in the available data, so the stronger editorial approach is to state this clearly instead of adding unsupported achievements.

Rayn Developments Projects

Rayn Developments presents a project portfolio that leans strongly toward commercial, administrative, and medical activity inside the New Administrative Capital. The list shows a clear focus on service-based malls and mixed-use buildings, especially projects that can serve daily movement within residential and business districts. This direction makes the company closer to a repeatable mall model than to early residential expansion.

  • • Voco Mall New Capital
  • • Blitz Mall New Capital
  • • Letz Mall New Capital
  • • Nabd Complex New Capital
  • • Capital Square New Capital
  • • Capital Hub New Capital
  • • Vini Mall New Capital
  • • Viki Mall New Capital
  • • Medora Medical Center
  • • Majal Tower

Frequently asked questions

Which payment plans are available?

There are projects with installments up to 10 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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