03‏/05‏/2025

Misr City launches “Sheya”, the latest project in Saray, with total sales of 5.1 billion pounds

Misr City Company, one of the leading companies in the field of real estate development in Egypt, announced the launch of the “Sheya” project, as a new mixed-use project in Saray, which extends over an area of ​​228,212 square meters and occupies a strategic location close to the New Administrative Capital. The project has distinctive designs while providing a variety of services that meet the needs and aspirations of customers. This launch comes in light of the company’s growing performance and its expansion plan, achieving record sales numbers during the year 2023.

The Sheya project offers a total of 744 diverse residential units, including 420 S-villas, and 324 residential units, a mixture of apartments, studios, and duplexes. The project provides a wide range of unique entertainment services, including a clubhouse, swimming pools, and vast areas of landscape, with the aim of achieving the highest levels of luxury for residents. Misr City achieved total sales amounting to 5.1 billion pounds in the “Sheya” project, which is scheduled for completion. The project within 4 years.

Commenting on the launch of the project, Engineer Abdullah Salam, CEO and Managing Director of Misr City Company, says: “We are following a strategy in Misr City that aims to develop our land portfolio, which amounts to more than 9 million square metres, by presenting innovative projects and integrated and diverse real estate models that meet the needs of... Different customers, providing them with an exceptional experience and a distinct lifestyle in addition to developing the Egyptian real estate market.”

Engineer Mohamed Lashin, Senior Vice President of Product Development for Misr City Company, added: “The launch of the Sheya project represents a new addition to the series of successes of Misr City Company spanning 65 years. Thanks to the efforts and dedication of the work team, we believe that Sheya will be the A landmark in the Egyptian real estate market, thanks to its distinctive location, unique design, and the various entertainment services it provides.”

Sarai's design relies on an unprecedented concept of personalizing the living experience of residents, each according to their needs and requirements. The project combines the vibrant modern lifestyle with the tranquility that characterizes the suburbs, in addition to many options in terms of spaces and units that include residential apartments, S- Villas, townhouses, and others, amid vast green spaces. The project is located on the Cairo-Suez Road and the Amal Axis, on an area of ​​5.5 million square meters. The project enjoys a privileged location in New Cairo, only 5 minutes away from the New Administrative Capital, ensuring Easy access.