PRE Developments Egypt | Projects & Profile 2026

PRE Developments, short for Pioneers for Real Estate Development, is an Egyptian real estate investor, developer and operator established in 2017. The company develops residential, commercial and coastal destinations in New Cairo, Sheikh Zayed, 6th of October City and Ain Sokhna.

PRE’s portfolio includes The Brooks, BrookView, BrooksVille, Ivoire West, Ivoire East, Stone Residence, Stone Street, Hadaba, Jebal El Sokhna and newer commercial components such as ZAG East.

The official PRE Developments website reports more than 5,000 resident families and over 1.6 million square meters of existing and ongoing developments. Estate View currently records six main projects, two delivered projects, more than 5,000 delivered units and a portfolio value of approximately EGP 30 billion.

Corporate figures should be read according to their scope. PRE Developments, PRE Group and affiliated project companies may calculate projects, phases, units and land differently. A buyer should always verify the legal developer named in the contract for the selected project.

PRE Developments Company Overview

PRE Developments presents itself as a real estate investor, developer and operator of integrated mixed-use projects in Egypt. Its developments combine residential properties with landscaping, water features, community facilities, retail areas and, in selected projects, business or hospitality components.

The company’s residential portfolio includes apartments, duplexes, penthouses, townhouses, twin houses and standalone villas. Its coastal portfolio includes chalets and villas, while its investment projects provide offices, retail units and commercial services.

PRE’s portfolio covers projects at different stages. Stone Residence includes ready and resale inventory, Hadaba has been announced as fully delivered, while developments such as The Brooks, Ivoire West, Ivoire East and their commercial components continue through phased construction and delivery.

Buyers should therefore evaluate the selected project, phase and building rather than relying only on general company-level figures or descriptions.

PRE Developments Company Facts

What Is the Difference Between PRE Developments and PRE Group?

PRE Developments is the consumer-facing development brand associated with projects such as The Brooks, Stone Residence, Ivoire, Hadaba and Jebal.

PRE Group, or Pioneers Properties for Urban Development, is a wider corporate real estate group with interests in several companies, subsidiaries and projects. Its official investor-relations platform lists subsidiaries and affiliated businesses in real estate development, contracting and investment.

The wider group structure includes entities such as Roya Group, Mashareq Real Estate Investment and other publicly listed or established companies. Selected new projects may therefore be owned or contracted through a subsidiary rather than directly through the PRE Developments marketing brand.

Why Does the Legal Entity Matter to a Buyer?

• The contracting company must have the legal right to sell the selected unit.
• The project land may be owned or allocated to a specific subsidiary.
• Payments should be transferred to the account stated in the official contract.
• Delivery and refund obligations belong to the contracting entity.
• Group-level financial performance does not automatically guarantee every subsidiary obligation.
• Registration documents must match the project-owning company.

Buyers should request the commercial registration, land documents and corporate authorisation of the company named as the seller before paying a substantial amount.

When Was PRE Developments Established?

PRE Developments was established in 2017 as a specialist real estate investment and development platform. The company expanded through residential, coastal and mixed-use developments in East Cairo, West Cairo and Ain Sokhna.

Its earlier recognised projects include Stone Residence in New Cairo, Hadaba in 6th of October City and Jebal in Ain Sokhna. The company later introduced larger master-planned communities including The Brooks, Ivoire West and Ivoire East.

The corporate structure surrounding the brand has since expanded within PRE Group, whose official investor-relations information describes a wider portfolio of subsidiaries and legacy companies.

Selected PRE Development Timeline

1. 2017: PRE Developments was established as an Egyptian real estate developer, investor and operator.
2. Early portfolio: Stone Residence, Stone Park, Stone Street, Jebal and related residential developments established the brand’s presence in New Cairo and Ain Sokhna.
3. 2021–2022: PRE promoted and expanded The Brooks as a nature-focused New Cairo community.
4. 2023–2024: Ivoire West and Hadaba strengthened the company’s West Cairo portfolio.
5. 2024–2025: PRE expanded into Ivoire East and its commercial component ZAG East on South 90th Street.
6. November 2025: A banking consortium led by the National Bank of Egypt arranged approximately EGP 1 billion in long-term financing for the first phase of ZAG East.
7. May 2026: PRE Group announced completion of the delivery of all residential units, central gardens and facilities at Hadaba.
8. 2026: The company continued construction and planned initial delivery of Ivoire West phases, while developing projects across East and West Cairo.

Who Owns and Manages PRE Developments?

The Estate View profile associates PRE with businessman Waleed Zaki. The current PRE Group investor-relations platform lists Yasser Zaki as chairman and Waleed Zaki as Group Chief Executive Officer.

Public reports have previously used different titles for Waleed Zaki, including chairman, CEO and managing director, depending on the date and company being discussed. The official investor-relations page should be used for current group-level titles.

The authorised signatory for an individual project may be another executive or representative of the legal project company. Buyers should verify signing authority through the contract and company documents.

What Is PRE Developments’ Development Approach?

PRE describes its approach as combining luxury, practicality, convenience and long-term community operation. Its residential projects generally use landscaping, water features and low-density areas to create separation between homes and communal facilities.

Integrated Mixed-Use Planning

The company develops communities in which homes are supported by clubhouses, retail strips, sports areas, walking routes and other daily services. Newer projects may also contain office, hospitality and commercial districts.

Nature-Focused Residential Design

Water streams, lagoons, landscaped parks and green corridors form a recurring design theme in The Brooks, Ivoire and Stone Residence.

Different Residential Products

PRE offers apartments, penthouses, duplexes, townhouses, twin houses and standalone villas. This allows the company to address different family sizes and budgets, although available property types differ by phase.

Commercial Integration

Stone Street, ZAG East and ZIG West support the group’s mixed-use strategy by introducing office, retail and service spaces close to residential communities.

Phased Development and Operation

Large PRE destinations are constructed in stages. Residential delivery, landscaping, retail operation and hospitality services may have separate completion dates.

Financing and Partnerships

PRE Group has used bank financing and specialist partnerships to support construction, commercial development, hospitality and finishing solutions. These arrangements can strengthen execution capacity but do not replace a buyer’s project-level legal and contractual checks.

Where Does PRE Develop Projects?

Each location serves a different buyer objective. New Cairo provides access to East Cairo business and educational destinations, Sheikh Zayed serves West Cairo, Hadaba offers a delivered villa community, and Jebal targets Red Sea holiday use.

What Are PRE Developments’ Main Projects?

The Brooks New Cairo

The Brooks is a large nature-focused residential project in New Cairo. The official project page describes a location close to the Ring Road, with access to Maadi, Nasr City and Cairo International Airport.

The main The Brooks page identifies a project area of approximately 158 acres. Other official PRE pages describe the wider Brooks master-planned land and its later communities across approximately 195 acres. The difference may reflect the boundary of the initial phase compared with the wider master development.

The Brooks Unit Types

• Two-bedroom club residence apartments of approximately 115m².
• Three-bedroom club residence apartments of approximately 135m² to 190m².
• Standalone villas of approximately 283m² in selected configurations.
• Additional duplex, penthouse and villa layouts within sub-communities.

The Brooks Amenities

• Community clubhouse.
• Landscaped spaces and water features.
• Jogging and walking trails.
• Sports areas.
• Retail and strip-mall services.
• Community gathering spaces.
• Controlled entrances and security.

What Should a Buyer Verify?

• Whether the unit belongs to The Brooks, BrookView or BrooksVille.
• The exact phase and contractual delivery date.
• The applicable master-plan boundary.
• The finishing level and technical specifications.
• Which amenities will be operational at handover.
• The maintenance deposit and annual service charges.

BrookView and BrooksVille New Cairo

BrookView and BrooksVille are residential communities presented within the wider Brooks concept. They offer different property categories and should not be treated as identical sales phases.

BrookView

BrookView provides apartments, duplexes and penthouses within a nature-led New Cairo setting. Officially displayed unit examples include:

• Apartments from approximately 105m² to 129m².
• Penthouses from approximately 212m² to 216m².
• Garden duplexes from approximately 235m² to 249m².
• Terraced duplexes of approximately 236m².
• Loft duplexes of approximately 251m².

BrooksVille

BrooksVille is a villa-focused community within The Brooks master development. Officially displayed examples include:

• Standalone villa configurations of approximately 268m².
• Larger villa configurations of approximately 344m².
• Landscaped and water-feature views.
• Access to wider Brooks community services.

Buyers should obtain the specific community brochure and unit plan because layouts, payment plans and delivery schedules may differ from the original The Brooks release.

Stone Residence New Cairo

Stone Residence New Cairo is one of PRE’s established residential developments. It occupies approximately 600,000m² and is located directly near the Ring Road, providing access to Maadi, Cairo International Airport, Heliopolis and the New Administrative Capital.

The project contains apartment layouts commonly marketed at approximately 140m², 175m² and 220m². Current Estate View inventory includes ready and immediate-delivery opportunities, with prices depending on the property, floor, finishing and remaining payment obligations.

Stone Residence Amenities

• Clubhouse.
• Gardens and landscaped areas.
• Jogging trails.
• Children’s areas.
• Mosque.
• Parking areas.
• Security systems.
• Spa and sports facilities.
• Commercial and daily services.

Why Is Stone Residence Relevant to PRE’s Track Record?

Stone Residence provides physical buildings and units that buyers can inspect. It allows prospective PRE clients to assess actual construction, common areas, landscaping, maintenance and resident experience rather than relying only on off-plan renderings.

Points to Check Before Buying

• Developer inventory or resale status.
• Registered ownership and assignment history.
• Any remaining balance owed to the developer.
• Maintenance or service debt.
• Exact finishing condition.
• Immediate occupancy and utility status.
• Developer approval and resale fees.

Stone Street and ZAG East Commercial Projects

Stone Street

Stone Street is a commercial and administrative component associated with PRE’s New Cairo portfolio. It provides office, retail and service spaces intended to serve companies, professionals, residents and visitors.

Commercial investors should assess frontage, visibility, parking, permitted activity, maintenance, building management and actual tenant demand.

ZAG East

ZAG East is the commercial and administrative hub within Ivoire East. Published project information describes a location on approximately one kilometer of South 90th Street in New Cairo’s Golden Square.

The development covers more than 108,000m² of land, with a reported built-up area of approximately 122,249m². It includes 15 buildings, ground-floor retail and office spaces on the upper levels.

Reported ZAG East Features

• Office spaces commonly marketed from approximately 90m² to 250m².
• Restaurants, cafés and retail outlets.
• Parking facilities.
• 24-hour maintenance and security.
• Electric-vehicle charging points.
• Smart building-management systems.
• Access to South 90th Street.

In November 2025, Mashareq Real Estate Investment secured an approximately EGP 1 billion syndicated loan to finance the first phase of ZAG East. The financing was led by the National Bank of Egypt with participation from the Industrial Development Bank and Abu Dhabi Commercial Bank Egypt.

Bank financing can be a positive execution indicator, but it does not guarantee a specific buyer’s delivery, rental return or resale value. The individual unit contract remains the binding reference.

Ivoire West Sheikh Zayed

Ivoire West, also presented simply as Ivoire on PRE’s official site, is a residential development in Sheikh Zayed. It extends across approximately 76.72 to 77 acres and is positioned about 180 meters above sea level.

The project focuses on duplexes and villas surrounded by gardens, landscaping, water features and open spaces.

Officially Displayed Ivoire Unit Types

• City duplexes from approximately 225m² to 240m².
• Valley duplexes from approximately 240m² to 318m².
• OS villas of approximately 278m².
• L villas of approximately 345m².

Ivoire West Amenities

• Manicured gardens.
• Landscape and pocket parks.
• Water features.
• Social and community facilities.
• Commercial services through the wider mixed-use plan.
• Pedestrian-focused residential areas.

PRE Group announced that the first phase of Ivoire West was planned to begin delivery by the end of 2026. The delivery date applicable to an individual buyer remains the date written in the selected unit’s contract.

Ivoire East New Cairo

Ivoire East extends the Ivoire residential concept into New Cairo. It is positioned in the Golden Square near South 90th Street, the American University in Cairo and roads leading to the New Administrative Capital.

The project combines residential properties with the ZAG East commercial and administrative hub. This mixed-use structure is intended to place homes, workspaces, retail and services within one destination.

What Should an Ivoire East Buyer Review?

• The legal project company named in the contract.
• The exact residential or commercial phase.
• Approved master plan and land allocation.
• Unit area, property type and view.
• Delivery date and grace period.
• Residential and commercial service charges.
• Construction progress for the selected building.
• Opening schedule of ZAG East and surrounding services.

Hadaba 6th of October City

Hadaba is a boutique villa community occupying approximately 33 acres in 6th of October City. It is positioned on an elevated location with access to the Ring Road and Cairo–Alexandria Desert Road.

The project includes 158 residential villas distributed among standalone villas, twin houses and townhouses, with views toward landscaped areas and, from selected locations, the Giza Pyramids.

Hadaba Amenities

• 24-hour security.
• Cafés and restaurants.
• Commercial area and shopping mall.
• Gardens and landscaped open spaces.
• Mosque.
• Spa and gym.
• Swimming pool.
• Water features.
• Social club and sports facilities.

Has Hadaba Been Delivered?

PRE Group announced during May 2026 that all residential units, central gardens and project facilities had been delivered. This provides a recent project that buyers can inspect when assessing PRE’s villa construction and handover quality.

The wider plan has also referenced a boutique hotel and serviced apartments. Buyers should confirm whether any hospitality component is already operational, under construction or planned for a later stage.

Jebal El Sokhna Resort

Jebal El Sokhna is a coastal development located at approximately Kilo 127 of the Zaafarana Road, around three kilometers from Al Galala Resort. The project extends across approximately 71 acres.

Its land rises from approximately 15 meters to 125 meters above sea level, allowing different rows of properties to obtain elevated Red Sea views.

Jebal Property Types

• Sky chalets.
• Terraced chalets.
• Townhouses.
• Twin houses.
• Standalone villas.
• Chalet examples of approximately 116m² and 122m².

Jebal Amenities

• Clubhouse.
• Commercial area.
• Hotel component.
• Children’s areas.
• Lakes and water features.
• Landscaped areas.
• Security systems.
• Spa and gym.
• Coastal and recreational services.

Coastal Buying Considerations

• Confirm the exact sea view and elevation.
• Check beach access and distance from the unit.
• Review the phase’s facility-opening schedule.
• Confirm hotel and commercial operation dates.
• Calculate annual resort maintenance costs.
• Evaluate seasonal rental demand realistically.
• Review finishing and furnishing requirements.

What Is PRE Developments’ Delivery Record?

PRE’s portfolio includes ready, delivered and under-construction projects. Stone Residence contains completed and immediately available inventory, while PRE Group announced full delivery of Hadaba during May 2026.

The wider PRE Group reported in 2025 that it had delivered more than 19,000 residential units across its broader corporate portfolio. This group-level number includes projects and affiliated companies beyond the six developments currently counted on Estate View’s PRE Developments profile.

Delivery Evidence Relevant to Buyers

• Stone Residence provides completed buildings and resident experience in New Cairo.
• Hadaba provides a recently delivered villa community in West Cairo.
• PRE announced completion of Hadaba residential units and central facilities.
• Ivoire West’s first phase was targeted for delivery during 2026.
• Other master developments remain subject to phased construction schedules.

How to Evaluate the Delivery Record

• Visit Stone Residence and Hadaba personally.
• Compare contractual and actual delivery dates.
• Inspect façades, entrances, elevators and common areas.
• Review finishing quality inside a delivered home.
• Check landscaping and facility operation.
• Ask owners about maintenance and after-sales communication.
• Inspect the exact building or villa zone containing the proposed purchase.
• Do not apply one delivered project’s performance automatically to every new project.

What Financial Indicators Support PRE Group’s Projects?

Financial indicators can provide context about a developer’s ability to fund construction, but they should be interpreted at the correct corporate level.

PRE Group reported contracted sales of approximately EGP 43.2 billion during 2024 and announced a construction budget of approximately EGP 4.3 billion for projects scheduled for delivery during 2025.

In November 2025, a consortium led by the National Bank of Egypt arranged approximately EGP 1 billion in financing for the first phase of ZAG East. The loan was structured over eight years with a construction-availability period and grace period.

What Bank Financing Does and Does Not Mean

• It indicates that financial and legal reviews were conducted for the financed project.
• It provides an additional funding source for construction.
• It does not guarantee the value of every residential unit.
• It does not replace the buyer’s contract or legal review.
• It does not guarantee rental income or resale appreciation.
• It may apply only to one phase or legal project company.

What Are PRE Developments’ Prices and Payment Plans?

PRE does not have one company-wide starting price. Prices differ substantially between ready apartments in Stone Residence, villas in West Cairo, New Cairo off-plan units, commercial offices and Ain Sokhna chalets.

Estate View currently displays available Stone Residence units beginning from approximately EGP 4.5 million for selected apartment inventory. Other projects require a current dated price list because the least expensive units may sell before a project-level page is updated.

Factors Affecting PRE Unit Prices

• Project and city.
• Residential, commercial or coastal property type.
• Built-up area and land area.
• Phase and building location.
• Floor, orientation and view.
• Ready or under-construction status.
• Finishing specifications.
• Down payment and installment period.
• Maintenance and facility-management charges.
• Developer or resale inventory.

Payment Plans

PRE payment systems differ by project and sales campaign. Stone Residence inventory has been marketed with a 15% down payment and installments extending for six years on selected units. Newer off-plan developments may offer different down payments and longer schedules.

Payment Details to Review

• Reservation deposit.
• Contract down payment.
• Any second payment after reservation.
• Monthly, quarterly or annual installments.
• Payments linked to construction milestones.
• Delivery payment.
• Maintenance deposit.
• Club and parking charges.
• Commercial operating fees.
• Late-payment penalties.
• Assignment and resale fees.
• Total contract value after installments.

Is PRE Developments Suitable for Real Estate Investment?

PRE offers residential, commercial and coastal investment categories across East Cairo, West Cairo and Ain Sokhna. Suitability depends on the selected unit and the investor’s holding period, budget and income objective.

Potential Strengths

• Different developments across East Cairo, West Cairo and the Red Sea.
• More than 5,000 families reported across PRE communities.
• Delivered projects that can be physically inspected.
• Residential, office, retail and coastal property categories.
• Nature-focused and mixed-use master planning.
• Recent full delivery announcement for Hadaba.
• Bank financing for the ZAG East commercial project.
• Access to the wider corporate capabilities of PRE Group.

Investment Risks and Considerations

• Project and group statistics may be presented using different scopes.
• Large developments require phased and long-term execution.
• Not every facility opens with the first residential delivery.
• Long payment plans may increase the total unit price.
• Commercial returns depend on occupancy and tenant demand.
• Coastal demand can be seasonal.
• Maintenance charges reduce net rental income.
• Resale can require developer approval and fees.
• Appreciation and rental returns are not guaranteed.

Buyers should compare the selected PRE unit with competing properties in the same area using price per square meter, delivery, finishing, payment schedule, maintenance, construction progress and actual service operation.

Are There Complaints or Problems About PRE Developments?

Searches for PRE Developments complaints may relate to construction progress, delivery timing, finishing, maintenance, sales communication or individual contract disputes. Experiences may differ significantly between a delivered Stone Residence apartment, a Hadaba villa and an off-plan unit in a newer phase.

A public comment should not automatically be treated as proof of a company-wide problem. At the same time, company sales figures or group-level financing should not replace investigation of the individual complaint.

How to Evaluate a Customer Complaint

• Identify the exact project and phase.
• Confirm whether the unit was purchased from the developer or through resale.
• Compare the contractual date with the reported delay.
• Ask whether the dispute was resolved.
• Review evidence from multiple owners.
• Inspect the project personally.
• Request written clarification from the legal project company.
• Ask an independent lawyer to interpret disputed clauses.

Estate View does not treat delivery, rental yield, appreciation or facility-opening claims as guaranteed unless they are clearly included in the binding contract.

What Should You Check Before Buying from PRE Developments?

How Estate View Reviews PRE Developments Information

Estate View reviews PRE information using its current developer and project records, PRE Developments’ official website, PRE Group’s investor-relations platform and published financing, construction and delivery announcements.

Corporate figures are labelled according to whether they relate to PRE Developments, Estate View’s current profile or the wider PRE Group. This avoids presenting group-wide sales and delivery figures as though they belong to one development company or project.

Prices, unit availability, payment plans, construction progress and delivery dates can change. The binding reference for a purchase remains the dated offer, official project documents, reservation form and signed contract.

Selected Verification Sources

• Official PRE Developments website
• Official PRE Developments company profile
• Official PRE project directory
• PRE Group investor relations and current leadership
• Hadaba full-delivery announcement
• ZAG East syndicated-financing announcement

Frequently Asked Questions About PRE Developments