Sodic Developments

About SODIC Real Estate Development

SODIC (Sixth of October Development and Investment Company) is classified as one of the largest real estate companies listed on the Egyptian Stock Exchange. It is an investment entity that has succeeded over decades in formulating a new concept for sustainable urban development. Established as a public joint-stock company, SODIC has managed, through precise engineering vision, to impose itself as a pivotal player in developing the West Cairo, New Cairo, and North Coast regions, supported by a solid financial base and strategic regional partnerships.

The History of SODIC

SODIC's history is built on a series of strategic decisions that shaped the face of the real estate sector in Egypt. The company began its journey in 1996, being among the first developers to believe in the potential of Sheikh Zayed City, purchasing a massive land area of 10 million square meters to establish what is now known as SODIC West.

The company's timeline includes several milestones:

• 1997: The company was listed on the Egyptian Stock Exchange, enhancing its levels of transparency and governance.

• 2007 - 2009: This period witnessed the launch of revolutionary administrative and commercial projects such as The Polygon and The Strip, which set international standards for office spaces.

• 2011: Despite economic challenges, SODIC proved its financial solvency by launching the Westown project, achieving the highest confidence rates in the real estate market.

• 2015: The company took its first steps into the luxury tourism sector through the Caesar resort on the North Coast.

• 2021 - 2026: This stage saw the entry of major Emirati investments, leading to an acceleration in the implementation of SODIC's existing and future projects.

Who Owns SODIC Real Estate Development?

SODIC's ownership structure is a model of institutionalism. Regarding the ownership of SODIC, the company transitioned from being owned by a large group of individual and institutional shareholders to an acquisition by a strategic Emirati alliance in late 2021. This alliance consists of Aldar Properties and ADQ (Alpha Dhabi Holding), which now hold the majority stake, providing the company with world-class logistical and technical support.

Board of Directors and Executive Leadership

The company relies on international expertise and competencies to ensure continuous growth. The Board of Directors and executive team include:

• Eng. Magued Sherif: Executive Board Member, who played a pivotal role in stabilizing the company's growth.

• Mr. Ayman Amer: Chief Operating Officer (COO), responsible for implementing engineering plans.

• Mr. Omar El Hamawy: Chief Financial Officer (CFO), responsible for asset and investment management.

• Ms. Heba Makhlouf: Head of Investments.

• Yasser El Said: Head of Projects.

SODIC Project Map: A Comprehensive Inventory of All Investments

SODIC's projects are distributed across the most prominent geographical areas in Egypt:

First: New Cairo Projects (East Cairo)

• Eastown Sodic: The most prominent project next to the AUC, featuring luxury residential units.

• Sodic East: Located in New Heliopolis City on 655 acres; it is one of the largest integrated projects.

• Villette Sodic: Located in the 5th Settlement, characterized by its focus on green spaces and privacy.

• Sky Condos: A distinct phase within the Villette project featuring unique architectural designs.

• V Residence: A luxury residential extension within the Tagamoa area.

• EDNC Project: The commercial and administrative hub of the Eastown project, featuring major brands.

• Katameya Plaza: One of the company's early projects that achieved great success in the 5th Settlement.

Second: Sheikh Zayed and 6th of October Projects (West Cairo)

• SODIC West: The integrated city that includes famous neighborhoods like Beverly Hills.

• Allegria: A luxury compound famous for its world-class golf course.

• VYE: SODIC's new project in New Zayed that adopts sustainability standards.

• The Estates: A project dedicated exclusively to luxury villas on an area of 630,000 square meters.

• Karmell SODIC: Characterized by designs inspired by the Californian style in New Zayed.

• October Plaza: Located in the heart of 6th of October City near the Shooting Club.

• Westown: An integrated residential and administrative complex within SODIC West.

• The Polygon: An award-winning administrative office complex.

• Forty West: Ultra-luxury serviced apartments.

• SODIC Medical District: An integrated medical complex serving the West Cairo region.

Third: Coastal and Tourism Projects

• Caesar: Located at Kilo 82 on the Alexandria-Matrouh road, the company's first coastal project.

• June: Located in Ras El Hekma, featuring the famous Miami-style design.

• Ogami SODIC: The company's latest launch in Ras El Hekma for 2026, spanning 440 acres.

• Malaaz: A massive tourism project on the North Coast focusing on tranquility and luxury.

Why Choose SODIC?

• Speed of Delivery: The company is committed to delivering projects on time; in fact, 91% of deliveries occur before the scheduled deadline.

• Quality of Execution: Collaboration with international consultancy firms ensures modern designs and long-lasting construction quality and facilities.

• After-Sales Services: SODIC's customer service provides an effective response to owners' requests, maintaining the level of luxury and property value.

Disadvantages and Challenges Facing SODIC

• High Prices: SODIC unit prices are among the highest in the Egyptian real estate market, targeting a specific segment.

• High Maintenance Fees: Due to the luxurious level of services and green spaces, periodic maintenance costs are high compared to other companies.

• Rapid Sell-outs: The high demand for the company's projects leads to units being completely sold out in record time upon launch, reducing options for hesitant buyers.

Technical Specifications, Prices, and Payment Plans for 2026

• Average Price per Meter: According to 2026 updates, the price per meter in projects like October Plaza starts from 41,000 EGP, while it rises in more premium projects like Eastown and Villette to an average of 116,000 EGP.

• Payment Systems: The company provides flexible systems including a 10% down payment, with the possibility of installments over periods of up to 8 or 10 years without interest.

SODIC Contact Information

The headquarters is located in Sheikh Zayed City, Kilo 38 Cairo-Alexandria Desert Road, inside the SODIC West project. Regional offices are also available in the 5th Settlement within the Eastown Administrative Complex.

• Hotline (Customer Service): 16220

Your comprehensive guide to SODIC Real Estate Development

SODIC remains a role model in commitment to quality and delivery dates, making any SODIC Compound not just a place to live, but a safe and sustainable investment for future generations.