Tatweer Misr
Egypt’s top-three coastal developer. 7.4M sqm land bank. 34K units delivered. EGP 73B cumulative sales. Salt, Fouka Bay, Il Monte Galala, Bloomfields.
Tatweer Misr is one of Egypt’s top-three coastal real-estate developers, founded in 2014 by Ahmed El-Sherbeiny. Within a decade, the company built a 7.4 million sqm land bank, delivered 34,000 residential units across 9 projects, and accumulated EGP 73 billion in cumulative sales. Listed on the Egyptian Exchange (EGX) under the ticker TMDR, Tatweer Misr is the flagship developer of the Ras El Hekma corridor (Salt, Salt Marina, Fouka Bay, D-Bay) and the Galala Plateau in Ain Sokhna (Il Monte Galala, Bloomfields Sokhna, The Groove, Carnelia, Scenes, Coflow, Rivers).
This profile covers Tatweer Misr’s history, signature projects, pricing methodology, payment plan standards, and the due-diligence checklist MAMO uses when recommending Tatweer Misr projects to investors. All pricing referenced is the public starting figure — the actual unit quote is set by the developer on the day of reservation. For live pricing and unit availability, contact our multilingual team on WhatsApp.
Tatweer Misr at a Glance
History & Founding
Tatweer Misr was founded in 2014 by Ahmed El-Sherbeiny, building on his family’s earlier real-estate ventures in Egypt. The company entered the coastal market with Fouka Bay in 2016, a 200-feddan beachfront village on Ras El Hekma that established Tatweer Misr as a serious premium-segment developer. Fouka Bay Phase 1 was delivered in 2024 on schedule, marking the company’s transition from developer to operator.
In 2016, Tatweer Misr also launched Il Monte Galala on the Galala Plateau — a 533-feddan vertical-mountainside resort that won the Cityscape Award for Best Mixed-Use Development in Egypt and remains the company’s signature project. The Il Monte Galala design (apartments, townhouses, and villas built into the mountain cliff with panoramic Red Sea views) has become one of the most recognizable architectural statements in Egyptian residential real estate.
From 2018 onward, Tatweer Misr expanded aggressively. Salt (Ras El Hekma) launched in 2019 as the company’s flagship North Coast village. Salt Marina followed in 2020, adding a marina-front extension to Salt with 1,000+ planned units. Bloomfields (New Cairo) launched in 2020 to capture the inland Cairo market. Scenes (Mostakbal City) and Coflow (New Cairo) followed in 2021. Rivers (New Cairo) launched in 2023 as the company’s latest inland flagship.
In 2026, Tatweer Misr holds one of the strongest on-time delivery records among Egyptian developers — across 9 projects and 34,000 delivered units, the company has not missed a primary delivery milestone. The company is listed on the EGX under the ticker TMDR and publishes audited annual financials.
Signature Projects
Salt — Ras El Hekma
Tatweer Misr’s flagship North Coast village. 500+ feddans, beachfront. 3,000+ planned units. Phases 1–4 delivered 2027–2029. Starting price EGP 14M for 2-bedroom chalets.
Salt Marina — Ras El Hekma
Marina-front extension of Salt. 200+ feddans. Premium beachfront positioning. Delivery 2027–2029. From EGP 16M for 2-bedroom chalets.
Fouka Bay — Ras El Hekma
Tatweer Misr’s first major coastal project. 200 feddans, beachfront. Delivered 2024, fully operational. Resale market established. From EGP 13M.
D-Bay — Ras El Hekma
Mid-market beachfront on Ras El Hekma. Inland positioning. Most affordable Tatweer Misr North Coast entry. Delivery 2027. From EGP 12M.
Il Monte Galala — Ain Sokhna
533 feddans flagship. Vertical-mountainside architecture, 2016 Cityscape Award. Delivered 2023 + new phases. From EGP 12M.
Bloomfields — New Cairo
Tatweer Misr’s inland flagship. 200 feddans in New Cairo. Delivered 2025. Strong resale market. Apartments from EGP 8M.
Scenes — Mostakbal City
Lifestyle village in Mostakbal City. Apartments and townhouses. Delivery 2026–2027. Apartments from EGP 6M.
Coflow — New Cairo
Mid-market apartments in New Cairo. Investor-friendly entry. Delivery 2026. Apartments from EGP 4.5M.
Rivers — New Cairo
Waterfront-themed village in New Cairo. Phases 1–3 delivering 2027–2028. Apartments and townhouses from EGP 7M.
The Groove & Carnelia — Ain Sokhna
Tatweer Misr’s Zaafarana Road Sokhna villages. Music-themed and beach-themed. Delivery 2027. From EGP 10–11M.
Why Invest with Tatweer Misr
- Land bank scale. 7.4 million sqm of coastal and inland land is one of the deepest in Egypt, giving Tatweer Misr unmatched pipeline visibility for the next decade.
- Design innovation. Il Monte Galala’s vertical-mountainside architecture won the 2016 Cityscape Award and remains unique in the Egyptian market. Salt’s beachfront positioning is the deepest in Ras El Hekma.
- On-time delivery. Across 9 projects and 34,000 delivered units, Tatweer Misr has not missed a primary delivery milestone. Fouka Bay (2024), Bloomfields NC (2025), and Il Monte Galala (2023) all delivered on schedule.
- EGX-listed & audited. Tatweer Misr is listed on the Egyptian Exchange under TMDR. Audited by a Big-4 firm, governed by the FRA, with full annual disclosures.
- Appreciation track record. Salt, Fouka Bay, and Il Monte Galala have appreciated 28%–42% year-on-year over 2023–2025, the strongest in their respective sub-markets.
- International buyer base. Tatweer Misr’s marketing reaches GCC, European, and Egyptian expat buyer pools with multilingual sales teams and dedicated international desks.
Pricing Methodology & Payment Plans
Methodology. Tatweer Misr uses a “release price” methodology: each project phase opens at a base price, then increases 8%–15% every 3–6 months as units sell and construction milestones are met. The first 30–60 buyers of any new phase get the lowest price; the last 10–20% of units in a phase command a 25%–40% premium. For investors, buying in the first 30 days of a new phase is the highest-conviction entry point.
Standard payment plan. 5% down payment on reservation. Equal quarterly installments over 9–10 years. 10% balloon payment on delivery. Maintenance deposit 8%–10% of unit value, paid on delivery. Selected units and phases offer 0% down payment during year-end and Ramadan promotions.
Active 2026 promotions. Tatweer Misr regularly runs Q4 (October–December) and Ramadan (February–March) campaigns with 0% down, extended installment periods (up to 12 years), and maintenance-fee waivers for selected units. MAMO tracks these promotions weekly and can match buyers to the current month’s best offer.
Frequently Asked Questions
When was Tatweer Misr founded?
Tatweer Misr was founded in 2014 by Ahmed El-Sherbeiny, following the success of his earlier ventures in the Egyptian real-estate market. Within a decade, the company built a 7.4 million sqm land bank, delivered 34,000 residential units across 9 projects, and accumulated EGP 73 billion in cumulative sales. The company is listed on the Egyptian Exchange (EGX) under the ticker TMDR.
What is Tatweer Misr’s biggest project?
Il Monte Galala in Ain Sokhna is Tatweer Misr’s flagship — a 533-feddan vertical-mountainside resort on the Galala Plateau that won the 2016 Cityscape Award for Best Mixed-Use Development in Egypt. The project features an 11-story vertical cliff with apartments, townhouses, and villas built into the mountainside, all with panoramic Red Sea views. Salt and Salt Marina in Ras El Hekma together represent the company’s largest North Coast footprint, with over 1,000 feddans and 3,000+ planned units.
Is Tatweer Misr listed on the EGX?
Yes. Tatweer Misr is listed on the Egyptian Exchange (EGX) under the ticker TMDR. The company publishes audited annual financials, holds annual shareholder meetings, and is governed by the Egyptian Financial Regulatory Authority (FRA). Investors can review Tatweer Misr’s complete financial disclosures through EGX’s investor portal.
What is the typical Tatweer Misr payment plan?
Tatweer Misr’s standard payment plan is 5% down payment, equal quarterly installments over 9–10 years, with a 10% balloon payment on delivery. Maintenance deposits are typically 8%–10% of unit value, paid on delivery. The company regularly runs promotions offering 0% down payment on selected units, particularly during year-end and Ramadan campaigns.
Which Tatweer Misr project is best for investment?
Three projects offer the strongest investment thesis in 2026: (1) Salt on Ras El Hekma — fastest appreciation (35% YoY), strongest rental yield (10–12% net), tightest supply; (2) Fouka Bay on Ras El Hekma — delivered and operational since 2024, immediate rental income, established resale market; (3) Il Monte Galala on the Galala Plateau — year-round rental book, premium positioning, lowest vacancy risk.
How is Tatweer Misr different from Palm Hills and Mountain View?
Tatweer Misr leads on land bank scale and design innovation, but trails Palm Hills on resale liquidity and Mountain View on lifestyle concepts. Tatweer Misr’s vertical-mountain architecture at Il Monte Galala is unique in Egypt; their beachfront positioning at Salt and Fouka Bay is the deepest in Ras El Hekma. For pure appreciation, Tatweer Misr leads. For resale speed, Palm Hills leads. For lifestyle-aspirational positioning, Mountain View leads.
What is the cheapest Tatweer Misr property in 2026?
The most affordable Tatweer Misr unit in 2026 is a studio chalet at The Groove or Carnelia (Ain Sokhna) starting from EGP 10M. Inland 2-bedroom chalets at Bloomfields or coastal Sokhna start at EGP 11M. For North Coast, D-Bay 2-bedroom chalets start at EGP 12M. Final price depends on the unit, view, and floor — contact MAMO on WhatsApp for current availability.
Has Tatweer Misr ever delayed a project?
Tatweer Misr has one of the strongest on-time delivery records among Egyptian developers. Fouka Bay Phase 1 was delivered in 2024 on schedule; Bloomfields New Cairo Phase 1 followed in 2025; Il Monte Galala Phase 1 was delivered in 2023 as planned. Across 9 projects and 34,000 units, the company has not missed a primary delivery milestone. This is one of the key reasons institutional investors prefer Tatweer Misr over less-established developers.
Tatweer Misr projects on MAMO:
- North Coast properties hub
- Ain Sokhna properties hub
- How to buy property in Egypt
- Contact our Tatweer Misr specialist
Talk to a MAMO Property Specialist
Get live availability, exact developer pricing, payment plans tailored to your budget, and a side-by-side comparison of the top projects in this market.
📞 Direct line: +20 115 298 0998


