Aljar Development is the current operating brand that evolved from Bunyan, a real estate company whose story began in Egypt in 1999. Today, Aljar positions itself as a developer of lifestyle-centered destinations across Cairo and Alexandria, with a focus on residential, hospitality-linked, commercial, educational, and mixed-use projects.
The company’s current portfolio is led by ALJAR British District on Suez Road, ALJAR Sheraton in Heliopolis, and Valore ElThawra. Its model emphasizes fully finished units, strategic locations, distinctive architecture, and service-backed communities rather than standalone buildings. No verified public total is available for delivered units, so this profile does not assign a delivery figure.
Aljar Development History and Background
Aljar’s story started in 1999, when Bunyan Company entered the Egyptian real estate market. According to the company’s official website, Aljar, formerly Bunyan, has since built a portfolio spanning Cairo and Alexandria, with a focus on architectural distinction and long-term real estate value.
The company is associated with Dr. Ahmed Abd El Magid, whom the official website identifies as Chairman of Valore Group and El Riyad Castle Development, founder of Bunyan Development, and Founder and CEO of ALJAR Development. Aljar’s messaging centers on high-quality development, luxury lifestyle, customer satisfaction, and the creation of destinations shaped by location, design, and practical services.
- 1999: Bunyan, the former name behind Aljar, began its real estate activity.
- 2025: Aljar launched ALJAR British District in partnership with UK-based NHMC.
- 2025: The British District launch highlighted medical and educational components tied to the project.
- 2026: The company continues to promote ALJAR British District, ALJAR Sheraton, and Valore ElThawra.
Key Aljar Development Projects
Aljar’s official website presents a portfolio that is concentrated in East Cairo and the Sheraton district, while the company’s older track record extends to Alexandria. The current strategy is most visible in mixed-use residential destinations and serviced residential projects with hospitality, commercial, or educational components.
ALJAR British District
ALJAR British District is the company’s flagship current project. It is located on Suez Road in East Cairo and is presented as a mixed-use community with residential, hospitality, commercial, administrative, and educational components. In 2025, Aljar announced the project in partnership with UK-based NHMC, with a medical and educational district forming a key part of the concept.
ALJAR Sheraton
ALJAR Sheraton is located in the Sheraton district of Heliopolis, behind City Centre Almaza and close to Cairo International Airport. The project is marketed as a serviced residential destination with luxury units, hospitality-linked management, and fully finished apartments equipped with air conditioning and modern kitchens according to Aljar’s project pages.
Valore ElThawra and Valore Sheraton
Valore ElThawra is another project in the company’s portfolio, positioned in the heart of El Thawra with residential, commercial, and hospitality components. The official website also lists Valore Sheraton among the company’s project inquiry options, reinforcing Aljar’s focus on established East Cairo locations.
Aljar Development in Numbers
| Founded | 1999 |
| Former brand | Bunyan |
| Announced experience | More than 25 years |
| Main areas | Cairo, Sheraton, East Cairo, and Alexandria |
| Key current projects | ALJAR British District, ALJAR Sheraton, Valore ElThawra |
| British District investment, 2025 launch news | Approximately EGP 15 billion |
| Delivered units | No verified public total is available for delivered units. |
The 1999 founding year is consistent across Aljar’s official pages and supporting company profiles. By contrast, no stable official total for delivered units is currently published, so the delivered-units field remains blank for accuracy.
Aljar Development Vision and Specialties
Aljar’s development approach is built around destination-making: combining location, architectural identity, services, and daily-life needs in one address. This is visible in British District, where residential units sit alongside healthcare and education uses, and in the Sheraton projects, which build around a central, well-connected Cairo district.
- Mixed-use communities: integrating residential, commercial, hospitality, educational, and administrative components.
- Fully finished residences: focusing on move-in-ready units across selected projects.
- Operational partnerships: working with partners such as NHMC and hospitality operators where relevant.
- Established urban locations: developing in Sheraton, East Cairo, and other areas with existing demand and infrastructure.
Recent Aljar Development Updates
In May 2025, Aljar announced the launch of ALJAR British District in partnership with NHMC, with the British Ambassador in Cairo attending the launch according to the company’s official news section. The project was described as a mixed-use urban community that includes residential, hospitality, commercial, administrative, and educational units.
Another official news item stated that British District was launched with investments of around EGP 15 billion and includes a specialized medical city. The same 2025 coverage noted that the company aimed to deliver the project within three years from launch, a timeline that should be reviewed periodically as construction progresses.
FAQs About Aljar Development
When was Aljar Development founded?
Aljar traces its origin to 1999, when Bunyan, its former name, began operating in the Egyptian real estate market.
What was Aljar Development previously called?
The company was formerly known as Bunyan, according to Aljar’s official website.
What are Aljar Development’s key projects?
Key projects include ALJAR British District, ALJAR Sheraton, and Valore ElThawra.
Where is Aljar Development located?
The official website lists the company’s address as Behind City Centre Almaza, Sheraton Airport, El Nozha, Cairo, Egypt.
How many units has Aljar Development delivered?
No verified public total is available for delivered units, so this profile leaves the delivered-units field blank.