Wadi Degla Developments recorded EGP 5.6 billion in sales for 2025, delivering 1,500 residential units at a pace of three per day. This marks the third straight year of sustaining that rate amid market delays. Raymond Ahdy emphasized the company's ability to balance delivery and growth.
Wadi Degla Developments announced EGP 5.6 billion in total sales for 2025, along with the delivery of 1,500 residential units. The company maintained a steady execution rate of about three units per day, distinguishing itself in a market plagued by delivery delays.
This performance follows market outperformance of 18% in 2023 and 48% in 2024, with 2025 growth aligning with the market due to an inventory gap. "Our ability to deliver year after year—despite devaluations, inflationary pressures and supply chain disruptions—is not about working harder, but about restructuring how we work," said Raymond Ahdy.
In preparation for expansion, the firm increased its capital to EGP 2 billion in 2025 and secured full regulatory approvals for three new development sites. Egypt entered 2026 with 4.4% GDP growth and inflation below 12%, though late February regional tensions led to a 10% Egyptian pound depreciation and 20-35% rises in construction costs.
For 2026, Wadi Degla targets EGP 10 billion in sales and 1,200 unit deliveries, driven by projects including Vero in Sidi Abdel Rahman and OJO in Ain Sokhna launched in the first quarter, ClubTown Al Minya in the second quarter, and Neo Parks in Mostakbal City in the third quarter.