IWAN Developments is an Egyptian real estate development shareholding company founded in 2004, according to the company’s official website. IWAN focuses on “feel-good neighborhoods” and human-centered residential communities in West Cairo and Ain Sokhna, with a portfolio that includes Jeera, Jewar, Jedar, Atrio, Alma, The Axis, Majada, and The Trine.
The company’s philosophy is built around developing neighborhoods that make residents feel connected and comfortable, rather than isolated housing units. IWAN’s official headquarters are listed as Villa 3, Ismailia Street from Michael Bakhoum, beside Shooting Club, Dokki, Giza, and its hotline is 19338. No verified public total is available for delivered units, so DeedGate does not record a delivered-units number for this developer profile.
Founding and Growth of IWAN Developments
IWAN Developments began operations in 2004 with a vision of creating homes inside connected, livable communities. The company’s official history page shows that the first strong expression of its “Feel-Good Neighborhoods” concept came with Jeera in Sheikh Zayed in 2007, followed by Jewar in 2008, a 12-acre apartment community with 224 apartments.
In 2010, IWAN launched Jubail in 6th of October, followed in 2015 by Jedar, Atrio, and Alma. Atrio was introduced as the company’s first turnkey project with fully finished units. In 2018, IWAN launched The Axis, a 50-acre project near the 26th of July Corridor and Cairo-Alexandria Desert Road. In 2019, the company expanded into Ain Sokhna with Majada on Al Galala Mountain.
The company’s team page lists Waleed Mokhtar as IWAN CEO and Ehab Mokhtar as chairman and managing director, alongside other board members. This institutional structure supports the company’s continued work across residential, commercial, and coastal real estate.
Key Projects by IWAN Developments
IWAN’s portfolio is concentrated in West Cairo and Ain Sokhna, with recent commercial growth in Sheikh Zayed.
Major Residential Projects
- Jeera — Sheikh Zayed: the first project to strongly introduce IWAN’s “Feel-Good Neighborhoods” concept and one of its best-known West Cairo communities.
- Jewar — Sheikh Zayed: a 12-acre apartment community with 224 apartments, according to the official history page.
- Jedar — 6th of October: a residential community built around the concept of “Balanced Homes,” located near Jubail and other West Cairo projects.
- Atrio — West Cairo: IWAN’s first fully finished turnkey residential project.
- Alma — Sheikh Zayed: a 30-acre project with different home models including villas, twin houses, and duplexes.
- The Axis — 6th of October: a 50-acre project near the 26th of July Corridor and the Desert Road, designed to combine nature and urban convenience.
Commercial and Coastal Projects
- The Trine — Sheikh Zayed: a commercial and administrative project on the city’s main axis, with a total built-up area of 7,800 square meters according to the official project page.
- Nine Yards — a commercial project listed in the company’s official portfolio.
- Majada — Ain Sokhna / Al Galala: a coastal project of around 101 acres on Al Galala Mountain, with a 600-meter private coastline and residential, hospitality, and leisure components.
IWAN Developments in Numbers
IWAN publishes project-level figures, but it does not publish a verified cumulative total for delivered units. The figures below are therefore presented as confirmed project facts only.
| Founded | 2004 |
| Company type | Egyptian real estate development shareholding company |
| CEO | Waleed Mokhtar, according to the company team page |
| Chairman and managing director | Ehab Mokhtar, according to the company team page |
| Jewar | 12 acres and 224 apartments according to the official website |
| Alma | 30 acres according to the official website |
| The Axis | 50 acres according to the official project page |
| Majada | Around 101 acres, with 1,711 keys in the Bonian section according to the official project page |
| The Trine | 7,800 sqm total built-up area according to the official project page |
| Delivered units | No verified cumulative public total available |
Zawya/Daily News Egypt reported in October 2019 that Majada was launched with an estimated EGP 5 billion investment, that IWAN’s land bank had reached 2.23 million sqm including Majada, and that the project’s expected sales were around EGP 8 billion.
Vision and Specialties
IWAN’s official vision focuses on relevant innovation from idea to delivery, attention to detail, and value creation for both the company and its clients. The company also emphasizes sustainability, long-term returns, and sustainable development for future generations.
- Integrated residential communities: through Jeera, Jewar, Jedar, Atrio, Alma, and The Axis.
- West Cairo projects: with most projects concentrated in Sheikh Zayed and 6th of October.
- Coastal development: represented by Majada in Ain Sokhna on Al Galala Mountain.
- Commercial and administrative projects: including The Trine and Nine Yards in Sheikh Zayed.
This positioning makes IWAN a community-focused developer that combines housing, services, landscaping, and a clear neighborhood identity.
Recent Updates
As of 2026, IWAN continues to present an official portfolio of residential, commercial, and coastal projects. The official projects page lists The Trine and Nine Yards under commercial projects, Majada under coastal projects, and several residential communities across Sheikh Zayed and 6th of October.
Majada remains one of IWAN’s major newer developments. It sits on Al Galala Mountain at 170 meters above sea level, with a private coastline, boutique hotel, clubhouse, sports and wellness amenities, and health services. In West Cairo, The Axis and The Trine continue to represent IWAN’s move toward projects that combine residential living with commercial and administrative services.
Frequently Asked Questions About IWAN Developments
When was IWAN Developments founded?
IWAN Developments was founded in 2004, according to the company’s official About page.
Who is the CEO of IWAN Developments?
The official team page lists Waleed Mokhtar as IWAN CEO.
What are IWAN Developments’ main projects?
Key projects include Jeera, Jewar, Jedar, Atrio, Alma, The Axis, Majada, and The Trine.
How many units has IWAN Developments delivered?
No verified public total is available for delivered units, so DeedGate leaves the delivered-units field empty for this developer profile.
Where is IWAN Developments headquartered?
The official contact page lists the headquarters at Villa 3 Ismailia Street from Michael Bakhoum, beside Shooting Club, Dokki, Giza, Egypt, with hotline 19338.