Al Naser Developments is an Egyptian real estate development company active in the New Administrative Capital and New Cairo, backed by more than 30 years of declared construction and development experience across Egypt and the Gulf region. The official website states that the board members decided in 2013 to establish an Egyptian development company aligned with the state’s direction to attract investment to the New Administrative Capital.
The company is visible in Egypt through mixed-use projects, mainly Golden Tower 1 and Golden Tower 2 in the MU23 district of the New Administrative Capital, in addition to Three.14 New Cairo. This profile relies on the company’s official website, Invest-Gate coverage, and RealEstate.eg project data, without recording a delivered-unit total because no verified public aggregate is available.
Al Naser Developments History and Background
Al Naser’s background comes from long experience in construction and development. The official website says the company has worked on industrial, commercial, and university projects in Egypt and the Gulf. It also states that the construction volume connected to the team and board members exceeded USD 2 billion. This figure is best read as group and board-level experience, not as a standalone delivered portfolio figure for the Egyptian company alone.
The company states that its board decided in 2013 to create an Egyptian development entity to benefit from the opportunities created by the New Administrative Capital. Since then, the company’s public footprint has become clearer through malls and mixed-use buildings, especially commercial, administrative, and medical units located near major roads and service districts.
Key Projects by Al Naser Developments
Golden Tower 1 is the company’s first documented project in the New Administrative Capital. It is located in the MU23 district between the second and third residential neighborhoods. On October 11, 2023, Invest-Gate reported that Al Naser Developments had started handing over Golden Tower 1 units. The article stated that the project spans more than 3,000 square meters with around EGP 500 million in investments. The official website describes Golden Tower 1 as a 10-floor mixed-use building with a total built-up area of 10,000 square meters.
Golden Tower 2 is the company’s second project in the New Administrative Capital. It is located directly on Al Amal Axis in MU23. According to the official website and Invest-Gate, the project covers 6,000 square meters and includes fully finished commercial, administrative, and medical units. It overlooks three main axes and is close to the Sports City and the German University.
In New Cairo, Al Naser launched Three.14 New Cairo as a mixed-use complex combining business, WellCare, dining, retail, and entertainment. The official page lists a land area of 5,070 square meters, three interconnected buildings, and 3,050 square meters of outdoor space. RealEstate.eg lists the project as a commercial mall in New Cairo with clinics, offices, and retail units, with 2028 shown as the project date on the listing.
Al Naser Developments in Numbers
The available figures for Al Naser Developments combine group-level experience and Egypt-based project data. The table below separates the founding year of the Egyptian entity from the broader regional construction experience.
| Egyptian company founding year | 2013, according to the official website |
| Group and board experience | More than 30 years in Egypt and the Gulf |
| Published construction volume | More than USD 2 billion |
| Published employee count | More than 300 employees |
| Main active areas | New Administrative Capital and New Cairo |
| Key projects | Golden Tower 1, Golden Tower 2, Three.14 New Cairo |
| Delivered units | No verified public total is available for delivered units |
Vision and Development Focus
Al Naser’s stated vision centers on creating value beyond traditional real estate through service, hospitality, technology, and amenities that support end users. This focus is visible in its project mix. Rather than relying only on residential compounds, the company is positioned around mixed-use assets that combine commercial, administrative, and medical functions in high-movement locations.
The company’s “About Us” page also refers to environmental practices, renewable energy sources, and green building principles. It lists board-level contributions to industrial and institutional projects for major entities in Saudi Arabia and the Gulf, including pharmaceutical factories, food facilities, distribution centers, and university facilities. These references help explain the technical and execution-oriented character of the company’s Egyptian projects.
Recent Updates and New Projects
On May 4, 2025, Invest-Gate reported that AE Media Production had signed with Al Naser Developments to produce advertising, promotional, and documentary work for a new project in New Cairo. The article quoted CEO Ahmed Naser as saying that the new project is a mixed-use development in a strategically vital area with strong residential and service density. He also said it marks the company’s first expansion outside the New Administrative Capital, where it owns Golden Tower 1 and Golden Tower 2.
This supports the company’s shift toward a broader portfolio across the New Administrative Capital and New Cairo. The appearance of Three.14 on the official website also shows a move toward investment products tied to daily use, such as smart offices, medical clinics, retail areas, dining, and entertainment, rather than a standard mall-only model.
Frequently Asked Questions about Al Naser Developments
When was Al Naser Developments founded in Egypt?
The official website says the board members decided in 2013 to establish an Egyptian development company, while drawing on more than 30 years of experience in Egypt and the Gulf region.
What are Al Naser Developments’ main projects?
The company’s main documented projects are Golden Tower 1 and Golden Tower 2 in the New Administrative Capital, and Three.14 New Cairo in New Cairo.
Has Al Naser Developments started handing over projects?
Yes. Invest-Gate reported on October 11, 2023 that Al Naser Developments started handing over units at Golden Tower 1 in the New Administrative Capital. However, no verified public total is available for delivered units.
Where is Al Naser Developments headquartered?
The official website lists the head office at Golden Tower Mall on Al Amal Axis, MU23, in the New Administrative Capital, with another office at The Spot Mall in Fifth Settlement, New Cairo.
What type of projects does Al Naser Developments build?
The company focuses on mixed-use developments, especially commercial, administrative, and medical units in the New Administrative Capital and New Cairo.