Convoy Developments is an Egyptian real estate developer formed in 2019, according to its official website, as the successor to Next Deal Development, which operated from 2015, and building on the experience of Red Sea Company for Sale and Marketing, established in 2009. The company is mainly focused on Ain Sokhna and Red Sea coastal developments, with a portfolio of residential resorts and a commercial, administrative and medical project.
Convoy positions itself around reshaping communities through coastal locations, integrated services and real estate products aimed at both living and investment. Its official project portfolio includes Red Carpet, Stella Star Mall, Alglala Azure, Bellagio Azure Resort, Santa Azure Resort and La Luna Azur Resort. The company lists hotline 15099, email info@convoydevelopments.com and an Almaza, Cairo address on its official website.
Convoy Developments Foundation and Growth
Convoy Developments was formed in 2019, but the official About page presents it as an evolution of earlier real estate activity: Next Deal Development since 2015 and Red Sea Company for Sale and Marketing since 2009. For this reason, the developer founding year is recorded as 2019, while the earlier dates are treated as background experience.
This history suggests that Convoy built on sales, marketing and coastal-project experience before developing under its current brand. Over time, the company concentrated its portfolio in Ain Sokhna, supported by a commercial and medical component through Stella Star Mall. In May 2026, Rosa El Youssef reported that the company’s portfolio had expanded to six diverse villages in Ain Sokhna, with preparations to announce a seventh project as part of its expansion plan.
Key Convoy Developments Projects
Convoy’s portfolio is primarily concentrated in Ain Sokhna and combines coastal residential resorts with commercial and administrative services. The projects emphasize sandy beaches, pools, green areas, marinas, restaurants, cafés, security and maintenance.
Residential and Coastal Projects
- Red Carpet — Ain Sokhna: a residential resort spanning approximately 90 acres according to the official project page, implemented over five phases. It is 145 km from Cairo, about 30 minutes from Suez and around one hour from the New Administrative Capital.
- Alglala Azure — Ain Sokhna: a resort at the starting point of Zaafarana Road, 3 km from the checkpoint and 8 km after the Ain Sokhna gates, next to Movenpick Hotel, with panoramic Red Sea views and two yacht marinas.
- Bellagio Azure Resort — Ain Sokhna: a resort around 10 km before Zaafarana, offering green areas, water features, a sandy beach, six pools and a planned mall component.
- Santa Azure Resort — Ain Sokhna: a coastal project 180 km from Cairo, around a two-hour drive, with 80-90 sqm chalets and standalone villas starting from 160 sqm.
- La Luna Azur Resort — Ain Sokhna: a resort 170 km from Cairo, with a 600-meter sandy beach, a 350-meter fishing marina, a village mall, an on-site hotel, dining and leisure facilities.
Commercial and Administrative Projects
- Stella Star Mall — Ain Sokhna: a commercial, administrative and medical clinics project next to Stella de Marie Resort at KM46 on the Suez Road. The official page states that the project spans approximately 2,780 sqm, with commercial units starting from 55 sqm.
Convoy Developments in Numbers
Verified public figures are available for the company’s formation year, official project count and selected project areas. However, no verified public cumulative total is available for delivered units, so no delivered-units number is entered in the developer field.
| Founded | 2019 |
| Background | Next Deal Development since 2015 and Red Sea Marketing experience since 2009 |
| Main geographic focus | Ain Sokhna and the Red Sea coast |
| Officially listed projects | 6 projects on the company website |
| Red Carpet | Approximately 90 acres over five phases |
| Stella Star Mall | Approximately 2,780 sqm, with commercial units starting from 55 sqm |
| La Luna Azur | 600-meter sandy beach and 350-meter fishing marina |
| Total delivered units | No verified public cumulative total is available for delivered units. |
Vision and Specializations
Convoy’s official mission is to design and develop high-quality, sustainable real estate projects that enhance communities and improve customers’ lives, while emphasizing innovation, excellence and integrity from project inception to completion. Its vision is to expand market share in Egypt’s real estate sector by reshaping communities and responding to evolving customer preferences.
The company specializes in coastal residential resorts and commercial, administrative and medical projects linked to tourism destinations. This specialization is visible in its Ain Sokhna portfolio, where projects combine coastal living, hotel-style services, malls, food courts, water activities and family-oriented facilities.
Recent Updates and New Projects
On 17 May 2026, Rosa El Youssef reported that Convoy launched a public real estate exhibition on 15 May at Tolip El Galaa Hotel in Cairo under the slogan “Your discount from half your down payment.” The report noted flexible payment plans extending up to eight years and broad customer interest in the company’s offers.
The same report quoted consultant Essam El-Banna, Chairman, as saying that Convoy had expanded its portfolio to six diverse villages in Ain Sokhna and was preparing to announce a seventh project soon. Because the seventh project has not yet been officially disclosed with full details, it is not listed as a confirmed project in this profile.
FAQs About Convoy Developments
When was Convoy Developments founded?
Convoy Developments was formed in 2019, according to its official website, as an evolution of Next Deal Development and Red Sea Marketing experience.
What are Convoy Developments’ main projects?
Main projects include Red Carpet, Stella Star Mall, Alglala Azure, Bellagio Azure Resort, Santa Azure Resort and La Luna Azur Resort.
Where are Convoy Developments projects located?
Convoy’s projects are concentrated in Ain Sokhna and along the Red Sea coast.
How can customers contact Convoy Developments?
The company lists hotline 15099 and email info@convoydevelopments.com on its official website.
How many units has Convoy Developments delivered?
No verified public cumulative total is available for delivered units, so no delivered-units number is used.