By Eman Hamed
Egyptian developer Wadi Degla Developments presented its 2025 operational results at its annual press conference, reporting a third consecutive year of meeting its delivery commitments and outlining its strategic direction for 2026.
Remond Ahdy CEO of Wadi Degla Developments told Zawya projects that, the company delivered 1,500 units in 2025, maintaining a consistent delivery cadence of roughly three units per day. This marks the third consecutive year WDD has achieved this level of output, a consistency that is itself the exception in a market where delivery delays have eroded buyer confidence across the sector. Notably, over the past three years, Wadi Degla Developments has consistently ranked among the top ten developers in Egypt by number of units delivered. “Our ability to deliver, year after year, through consecutive devaluations, inflation spikes, and supply chain disruption, is not a function of working harder. It is a function of restructuring how we work,” said Raymond Ahdy, Chief Executive Officer of Wadi Degla Developments.
Total sales for 2025, reaching EGP 5.6 billion, reflect continued performance following two years of significant outperformance. On the company’s sales trajectory over the period, Ahdy explained: “The way to read the past three years is as a sequence. In 2023 and 2024, we grew our sales above the market by 18 percent and 48 percent respectively. In 2025, our growth came in line with the market. That was not a change in demand, it reflected the simple fact that we did not have sufficient new product to sell.” That inventory gap is what made a pivot toward growth necessary. That shift does not signal a reduced focus on delivery. As Ahdy noted, “Growth and delivery are not in competition. The delivery record is precisely what gives buyers confidence in new launches. We are not choosing between them.”
With that strategic intent, 2025 laid the groundwork for the pivot. Wadi Degla completed a capital increase to reach of EGP 2 billion and secured three new development sites with full regulatory approvals, laying the financial and operational groundwork for the company’s next phase.
Egypt entered 2026 with GDP growth at 4.4 percent and inflation having fallen from 34 percent to under 12 percent over three years, the strongest macroeconomic position since 2019. The regional conflict that began on February 28 reversed both trajectories. Within a month, the Egyptian pound had lost around 10 percent of its value, while construction material costs rose by 20 to 35 percent. Inflation, which had already reaccelerated to 13.4 percent in February, is expected to reach 16 to 20 percent by mid-year as higher energy, logistics, and input costs move through the economy. This fo the ٣/٢ same pattern seen after the 2022 devaluation, when the sector a consecutive rounds of construction cost repricing over two years.
For the real estate sector, this translates into a period of adjustment. Costs are rising, affordability is under renewed pressure, and buyer activity in the first half of the year is expected to remain cautious until the market recalibrates to new pricing levels. Wadi Degla’s 2026 targets were set with that outlook in mind. “We have been through consecutive price increases, multiple devaluations, and repeated rounds of construction repricing since 2022, Ahdy said. “That experience changes how you plan and our targets have been set with full awareness of the current environment, not despite the headwinds, but in full view of them. Egypt’s real estate market has absorbed shocks of this kind before. Demand does not disappear. It adjusts, and it returns. We are positioned to be ready when it does.”
It is into this environment that Wadi Degla is launching its 2026 growth program with a sales target of EGP 10 billion and a delivery programme of 1,200 units for the year. Four projects provide the inventory to support those targets: Vero in Sidi Abd El Rahman and OJO in Ain Sokhna, both launched in the first quarter, ClubTown Al Minya, the company’s first project in Upper Egypt, is scheduled for the second quarter; and Neo-parks in Mostakbal city is expected to launch in the third quarter.
Wadi Degla Developments enters 2026 with a clearer pipeline, a more disciplined delivery model, and a growth programme built on the same principle that has defined the past three years commitments come first.
Wadi Degla Development Company is an integrated real estate development company, established in 2005, and is one of the subsidiaries of Wadi Degla Holding Company. Its main headquarters is in the Fourth District Zahraa El Maadi. Wadi Degla Development Company is distinguished by its successful business model, operating across various real estate development sectors, Including residential communities, resorts, commercial and administrative projects, in addition to supporting infrastructure projects. The company currently owns a land portfolio exceeding 6 million square meters, distributed across 20 diverse projects, including residential projects such as NEO, Pyramids Walk, River Walk, Tijan El Maadi, Tijan Zahraa El Maadi, Canal Residence, Victoria Residence, ClubTown, and Promenade New Cairo, in addition to a number of resorts such as Marina Wadi Degla, Blumar El Dome, Blumar El Sokhna, Blumar Hills, Blumar Sidi Abd El Rahman, and Murano. The company’s total number of units exceeds 23,000 units, of which 14,600 units have been delivered to date. Its projects achieve competitive investment returns supported by integrated urban planning and diverse payment systems. The company’s branches and offices are in: Maadi, Sixth of October, New Cairo, Heliopolis, New Minya and Mostakbal City.
