Shary
Wajha Developments

Wajha Developments

Approx. sqm built-up area at MEE Hotel
24,000
Years: maximum installment period
10
Down payment starting from (MEE Hotel)
10%

Shary developer index

Last updated October 2026
49 out of 100

Shary Index

0 of 1

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
0
Under construction
1
New projects
0

Developer’s areas

Wajha projects

1 results available

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About Wajha

Key Information About Wajha Developments

Wajha Developments starts from a practical question: what does a buyer see behind the developer’s name? In this case, the answer begins with execution experience dating back to the early 1990s, followed by a move into real estate development through 14 residential projects in New Cairo. The company’s story is not built only on years in the market, but on projects that can be reviewed, compared, and assessed by buyers.

The numbers give a clearer picture than broad marketing claims. Wajha Developments has delivered 14 residential projects in New Cairo, entered partnerships across 5 projects in the New Administrative Capital, invested in 4 resorts in Hurghada, and expanded with one project in Marsa Alam. Its MEE project starts from 33 square meters, with prices starting from EGP 3,477,000 and a payment plan of up to 10 years.

Within the Egyptian market, Wajha Developments moves between residential communities, hospitality-backed concepts, and coastal destinations. Its presence across New Cairo, the New Administrative Capital, Hurghada, and Marsa Alam gives the company a wider operating map than a developer focused on one local district. Its real strength appears to come from execution capability and strategic partnerships, rather than from unpublished capital figures.

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About Wajha Developments

Wajha Developments grew out of an execution background linked to contracting from the beginning of the 1990s, with 1991 being the safest published reference point for the start of its experience. Some market sources mention 1989, but the more accurate wording is that the company’s experience extends from the early 1990s. This background should be read as an operational base before sales, not simply as an old company story.

History and Track Record of Wajha Developments

Wajha Developments passed through several clear phases. It began with contracting experience in 1991, then completed 14 residential projects in New Cairo, followed by partnerships in 5 projects in the New Administrative Capital. The company later moved toward 4 resorts in Hurghada and one project in Marsa Alam. This path shows a shift from direct construction toward a broader model connected to operation, hospitality, and destination-based real estate.

Vision and Mission of Wajha Developments

Wajha Developments treats each project as a living and operational asset, not only as a sold area on a master plan. Its philosophy is based on studied design, relevant partnerships, and long-term growth in locations with real demand. The company’s cooperation with Yasser Al Beltagy Architects and Gold’s Gym adds a practical layer to the customer experience, because it links design quality and services with daily use.

  • Wajha Developments completed 14 residential projects in New Cairo, a figure that gives its execution record clear weight for buyers who want to review previous delivery before assessing its expansion into new and coastal cities.
  • Wajha Developments participated in 5 projects inside the New Administrative Capital, giving the company exposure to one of Egypt’s most important government and investment growth zones without presenting every project as fully owned.
  • Wajha Developments moved into 4 resorts in Hurghada, which reflects a serious interest in operational tourism real estate rather than seasonal sales alone, adding a different yield angle to its portfolio.
  • Wajha Developments extended its footprint to one project in Marsa Alam, a step that signals an early reading of Red Sea value beyond the traditional Hurghada market.

These achievements need a balanced reading. Wajha Developments does not clearly publish verified awards, and it does not disclose a specific capital figure. For that reason, the company should be evaluated through its 14 projects, 5 partnerships, and 4 resorts, not through unsupported titles. The available numbers show a business built on accumulated execution and geographic expansion rather than short-term publicity.

  • Wajha Developments cooperated with Yasser Al Beltagy Architects, giving its projects a design angle that can be reviewed through space planning, layouts, and architectural flow.
  • Wajha Developments partnered with Gold’s Gym, a service partnership that can increase the practical value of sports amenities when assessing daily living and long-term usability.

Wajha Developments Projects

Wajha Developments presents a focused but revealing portfolio. Alongside 14 previous residential projects, its published project names highlight activity in New Cairo and Hurghada. The available names also point toward a mix of serviced residential concepts and tourism-driven real estate.

  • MEE Sixth Settlement.
  • Cascades Resort Hurghada.

Frequently asked questions

Does Wajha deliver on schedule?

Of 1 delivered projects, 0 were delivered on time.

Which payment plans are available?

Most projects start from 10% to 30% down with installments over 10 to 12 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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