Madinet Masr (EGX code: MASR.CA), one of Egypt’s leading urban property developers, announced exceptional financial and operational results for the first half of 2026, delivering record new contracted sales of EGP 27.2 billion.
The performance represents a 16.5% year-on-year increase compared to the corresponding period last year, driven by sustained market demand and portfolio expansion.
Record Deliveries and Growing Customer Confidence
The company’s commercial growth was backed by strong contractual momentum, selling over 2,900 residential and commercial units during the six-month period—a 71% surge compared to H1 2025.
Concurrently, Madinet Masr accelerated its operational handovers, delivering 1,200 units in H1 2026 compared to 521 units in H1 2025, marking a 130% surge in delivery capacity.
This substantial delivery milestone highlights the company’s operational execution, adherence to strict construction timelines, and continued commitment to enhancing buyer confidence in its brand standards and market capabilities.
Executive Leadership Focuses on Strategic Growth
Commenting on the results, Eng. Abdallah Sallam, President and CEO of Madinet Masr, stated: “The surge in sales and deliveries reflects the ongoing trust of our clients, the dedication of our workforce, and Madinet Masr’s solid momentum.
These achievements mark a significant milestone in our growth roadmap, further solidifying our position as a primary force in the Egyptian real estate market.”
He added: “We remain focused on expanding our strategic land bank, diversifying project offerings, and delivering innovative real estate solutions that exceed buyer aspirations.
Anchored by a legacy spanning over 67 years, we continue to uphold uncompromising standards of efficiency and execution across all developments.”
Portfolio Expansion and Commercial Launches
Madinet Masr’s core strategic expansion continues to capture strong interest across flagship developments, including Taj City, Sarai, The Butterfly in Mostakbal City, and Talala in New Heliopolis.
Enhancing its commercial footprint during the period, the company launched Day 2 Night, the first fully integrated commercial complex located within Sarai.
The project expands smart business infrastructure in New Cairo while broadening Madinet Masr’s diversified mix of residential, commercial, and mixed-use real estate solutions.
