New Plan Developments — Partners, Projects, Prices and Contact

Who is New Plan Developments?

New Plan Developments is an Egyptian shareholding company founded in 2018, supported by Egyptian, Saudi and Emirati expertise and partnerships in contracting, trade and hospitality. Nawy names four principal partners — Mohamed Rashid, Hussein Hammam, Youssef Seddik and Waleed Mansour Khalil — and presents engineer Waleed Khalil as CEO.

Sources link the parent group or background to the Saudi company Al Rashed Construction, founded in 1991, but the parent company must not be equated with the Egyptian developer without documenting the legal ownership structure.

Quick facts

Flagship projects

Serrano — the New Administrative Capital

A residential project with studios, apartments, duplexes and penthouses. Older low prices do not necessarily reflect current inventory.

Atika — the New Administrative Capital

A residential project independent of Serrano, with different units, phases and payment plans.

Eleven — the New Administrative Capital

A retail and administrative project; it needs a business-property template rather than a compound template.

Talah and Tonino Lamborghini Residences — the New Administrative Capital

Newer projects and brands within the portfolio. The relationship between the international brand, the developer and the licensing agreement must be made clear without implying that Lamborghini is the developer.

Amara — New Cairo

A residential project of roughly 27 feddans with open spaces, a club and a running track according to Nawy.

Eclat — Port Said

An important regional project that needs a Port Said city page and a link to the map of projects outside Cairo.

Sadaf — the North Coast

A coastal destination at roughly kilometre 68 according to market sources, with smaller units and a mix of hospitality and residential products.

Observed prices on 19 August 2026

• Amara: market sources showed starting points between about EGP 5.104 million and EGP 7.3 million depending on the unit and the observation date.
• Talah: from about EGP 10.681 million in a market directory.
• Atika: from about EGP 3.696 million.
• Serrano: the historical figure of about EGP 1.976 million needs reconfirmation and must not be treated as a permanent 2026 price.
• Sadaf: sources from June to August 2026 showed studios and entry units from about EGP 4–4.5 million.

Official contact

• Line: 16534.
• Email: info@newplandevelopments.com.
• Published address: 62 El Thawra Street, Masaken El Mohandessin, Nasr City, Cairo.
• Website: newplandevelopments.com