About City Edge Developments
City Edge Developments was founded in 2017 through a collaboration between the New Urban Communities Authority and the Housing and Development Bank, City Edge Developments aims to establish itself as the leading brand for high-quality real estate projects in Egypt.
Its mission is to bring innovative design concepts to the real estate market, offering exceptional living experiences through suburban residential communities and top-tier mixed-use developments.
City Edge Developments specializes in development and asset management services while also creating its own real estate projects. It maintains a diverse land bank for third-party accounts, managing indirect real estate holdings that encompass a wide range of investments across various asset classes, including residential, hospitality, retail, office, and education.
Facts About City Edge Developments
City Edge Developments is dedicated to fostering sustainable growth and excellence in the real estate sector. It is a collaboration between the New Urban Communities Authority and the Housing and Development Bank.
City Edge’s mission revolves around strategically expanding its land bank, building robust partnerships with both government and private sectors, and prioritizing customer satisfaction. It believes that its employees are vital to its success, and it invests in their development to ensure a motivated and skilled workforce.
As it expands its reach geographically, it remains committed to upholding the highest standards of quality and innovation in all its real estate projects.
Their vision is to create sustainable cities and urban communities that stand out for their excellence and innovative design. City Edge Developments strives to leave a unique mark on every project it undertakes, aligning its efforts with the state’s vision for urban development while also meeting the diverse needs of its customers.
Through its commitment to these principles, it aims to contribute positively to the urban landscape and enhance the quality of life for residents in the communities it develops.
City Edge Developments Company is built on a foundation of strong values that guide its operations and interactions.
- Integrity is at the core of everything it does; it believes in being transparent and ethical in its business practices.
- It fosters a culture of honesty, ensuring that their communication with clients, partners, and employees is clear and straightforward.
- It understands that trust is essential in building lasting relationships, and it works diligently to earn and maintain that trust through accountability and reliability.
- Their commitment to quality drives them to deliver exceptional real estate projects that meet the highest standards, ensuring that every detail is carefully considered.
- Moreover, it embraces simplicity in its processes and solutions, making it easier for its clients to engage with them and understand their offerings.
By adhering to these values, City Edge aims to create a positive impact in the real estate sector while providing outstanding service and innovative developments that enhance the communities it serves.
City Edge Developments History
City Edge Developments has an impressive history of success and dedication. Since its establishment in 2017 as a partnership between the New Urban Communities Authority and the Housing and Development Bank, the City Edge Developments started creating some of the top upscale residential and commercial projects around Egypt.
In 2024, the company made a significant move by appointing Engineer Tamer Nasser as its new Chief Executive Officer. This decision was made to enhance the executive team with a seasoned industry leader, further reinforcing Sodic's commitment to driving urban development in Egypt and delivering outstanding value within the real estate market.
Eng. Tamer Nasser stepped into this role following the resignation of Mr. Mohamed El-Dahan, who led the company for three impactful years. Under Mr. El-Dahan's leadership, City Edge Developments experienced remarkable growth, achieving impressive sales figures that reached EGP 38 billion by the end of 2023.
The Board of Directors acknowledged Mr. El-Dahan’s significant contributions to the company, expressing their heartfelt gratitude for his role in steering City Edge through a successful period of expansion.
As City Edge Developments moves forward under Eng. Tamer Nasser's guidance, the company is poised to continue its legacy of excellence in real estate development, focusing on innovative projects that meet the needs of the market and contribute to the urban landscape of Egypt.
City Edge Developments Founder & Chairman: ENG. Tamer Nasser
Engineer Tamer Nasser is a prominent figure in Egypt's real estate sector. As the Chief Executive Officer of City Edge Developments, he graduated from the Faculty of Engineering at Cairo University in 1991.
Eng. Tamer Nasser brings over 33 years of extensive experience in project management to his new role as Chief Executive Officer of City Edge Developments. His career in the real estate sector began in 2008 when he joined Emaar Misr as the Director of Quality Assurance and Control.
In 2020, he took on the role of Managing Director and CEO at Misr El-Gedida for Housing and Development, where he successfully guided the company through significant growth and development initiatives. With a solid foundation in quality assurance and a proven track record in leadership, Engineer Nasser is well-equipped to lead City Edge Developments in 2024 as it continues to support Egypt's urban development and enhance the real estate landscape. His appointment marks a new chapter for the company, as it aims to deliver exceptional value and innovative solutions in the industry.
City Edge Top Projects
City Edge Developments Company boasts a diverse portfolio of projects strategically located across Egypt. The company is committed to enhancing the urban landscape and improving the quality of life for residents through innovative and sustainable developments.
Some of the notable projects in their portfolio include:
- North Edge New Alamein is considered the first tower in the area. It’s perfectly serviced with various luxurious facilities including, a gym, infinity pools, jogging tracks, a kids area, supermarkets, entertainment facilities, sports facilities, and an international retail area.
- Al Maqsad Residences is a world-class residential project located in R3, New Capital City. It boasts a plethora of fully finished apartments designed with the utmost care.
- Downtown New Alamein is one of the top projects in the area covering 31 acres of land. It’s located on the 108th kilo of Alexandria - Marsa Matrouh Road. The Downtown El Alamein Project has a plethora of endless amenities and a wide array of luxurious units for sale.
- Il Latini City Edge spans 450 acres of land and is filled to the brim with world-class facilities. The Latini Alamein Project is drawing inspiration from Roman architecture providing people with a unique experience.
- Mamsha Avenues New Capital is a unique residential project in the New Administrative Capital with landscapes and open spaces all around.
In addition to these projects, there are other upscale compounds which are:
- Maspero Business Tower
- Maspero Nile Heights
- Al Maqsad Park
- Maspero Mall
- Mazarine
- Etapa
- New Garden City
- Mamsha Gardens
- Mamsha Almaqsad
- The Gate - New Alamein
- Mamsha Views
