Naia Developments

Naia Developments offers a diverse experience in the Egyptian real estate market, combining tourism and residential projects in promising locations, supported by specialized partnerships and designs that focus on quality details and efficient use of space.
Through projects such as Naia Bay in Ras El Hekma and Naia West in New Zayed, the company has built a portfolio that caters to different needs, whether for residential or investment purposes.

Are you looking for a unit in one of Naia’s projects? Contact us via WhatsApp to learn more about the available units, sizes, prices, and payment plans, and choose the opportunity that best suits your needs.

About Naia Developments

Naia Developments was established in 2016 and was previously known as Jumeirah Egypt. Since its launch, the company has established a strong position in the Egyptian real estate market, with investments exceeding EGP 19 billion and a land portfolio of up to 250 acres.

The company supports its operations through 7 sister companies working in complementary fields, including contracting, security, and tourism, which enhances its ability to execute its projects and meet delivery schedules.

Naia Developments Partners

Naia Developments relies on a range of strategic partnerships with specialized international and local companies to support the quality of its projects and provide high standards of design, services, and hospitality.

One of its most prominent partnerships is with Accor Group, which manages and develops hotels and hotel units at Naia Bay North Coast through the Swissôtel and Fairmont brands.

The company also collaborates with the American company Crystal Lagoons to develop swimmable artificial crystal lagoons within its projects, in addition to El Ghonimi Architects, led by Eng. Shady El Ghonimi, as an engineering partner responsible for architectural designs and master plans that combine Greek-inspired elements with modern design.

Who Owns Naia Developments?

Naia Developments is managed by a board of directors that brings together expertise in real estate, engineering, finance, and telecommunications.

At the forefront of the company’s leadership is Eng. Hisham El Danasoury, CEO and Chairman of the Board, who has extensive experience in the real estate sector and previously held leadership positions in planning and follow-up at several major real estate entities.

Mr. Mohamed Farag serves as Vice Chairman and Chief Commercial Officer, while the board includes Mr. Mansour Ali Al-Othaimin, who has previous investment and leadership experience with Saudi Binladin Group and Emaar Properties UAE, as well as Eng. Ahmed Thabet, who has experience in architecture and project management in Egypt and Dubai.

The board also includes Mr. Tarek Mansour, a financial expert, board member, and former Head of the Investment Committee at Misr Asset Management, along with Eng. Mohamed El Nawawy, who previously served as CEO and Managing Director of Telecom Egypt (TE).

Naia Developments' Previous Works

Naia Developments’ portfolio includes a range of projects that reflect the company’s approach to developing residential and tourism destinations with different specifications, while focusing on selecting distinctive locations and designs suited to the nature of each project. Among its most prominent projects are:

Naia Bay North Coast

Naia Bay is one of Naia Developments’ prominent tourism projects. It is located in the heart of Ras El Hekma Bay at km 212 of the Alexandria–Matrouh Desert Road, near Fouka Bay and the New Fouka Road exit.

The project extends over 112 acres, with only 15% allocated to buildings, and is divided into 5 main areas: Fira, Pelagio, Hali, Plaka, and Vaia, each with its own distinctive character.

The village’s design is based on contemporary Greek architecture inspired by the city of Santorini.

It also features a 60,000-square-meter crystal lagoon developed by Crystal Lagoons, in addition to a hotel sector that includes a Swissôtel hotel and Fairmont-managed hotel units under the global Accor Group.

The units vary between chalets, townhouses, twin houses, and standalone villas, with sizes starting from 65 square meters, in addition to large first-row beachfront villas.

Naia West New Zayed

Naia West represents Naia Developments’ first step into luxury residential development in West Cairo.

It is located in New Zayed directly on the Alexandria Desert Road, near Sphinx International Airport, the 26th of July Corridor, and Smart Village.

The project extends over 140 acres and features modern architecture with a focus on green spaces and landscaping.

The compound includes an integrated commercial and administrative area (Strip Mall), a sports and social club, walking and cycling paths, as well as advanced security and surveillance systems.

The units are distributed across phases dedicated to villas and others dedicated to residential apartments, with options including townhouses, twin houses, and standalone villas in various sizes.

Why Invest in Naia Projects?

Financial strength and execution capabilities: The company’s investments exceed EGP 19 billion, in addition to owning 7 sister companies operating in complementary fields such as contracting, security, and tourism, supporting its ability to execute projects efficiently.
Strategic locations: Naia Bay is located in Ras El Hekma Bay at km 212, while Naia West is located in New Zayed directly on the Alexandria Desert Road, near several key roads and important destinations.
Partnerships with global brands: Naia collaborates with Accor Group to manage hotel units at Naia Bay through the Fairmont and Swissôtel brands, in addition to its partnership with Crystal Lagoons to develop crystal lagoons.
Low building density and distinctive designs: The company’s projects allocate the majority of their areas to green spaces and lagoons, with distinctive architectural designs developed in collaboration with El Ghonimi Architects.
Flexible payment plans: Naia offers payment plans with down payments starting from 5% to 10%, with installment periods of up to 9 or 10 years, giving investors greater flexibility in managing the cost of purchasing a unit.
Diverse investment opportunities: Naia offers options suited to different investment objectives, starting with chalets and villas at Naia Bay for tourism investment, through to villas and apartments at Naia West for long-term residential investment.

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