Roya

Roya Developments is a well-known Egyptian real estate and tourism development company established in its modern development form in 2007. The company’s roots are connected to TIBA for Real Estate Development and Engineer Hisham Shoukry, whose real estate track record dates back to 1997. Roya focuses on integrated residential, coastal, hospitality and mixed-use developments across New Cairo, Ain Sokhna and the North Coast, with a portfolio that includes Telal East, Telal El Sokhna, The Hills, Telal Soul and Stone Park.

According to Roya’s official website, the group has a land bank of more than 9.8 million square meters, capital worth more than EGP 4 billion, and 12 entities operating across real estate development, tourism, hospitality, engineering and construction. The official website also lists 3 destinations, 5 projects, 6,200 units and 4,100 families. However, no verified public total is available for delivered units specifically; the 6,200-unit figure is presented as part of the portfolio and is not published as a confirmed delivery total.

Roya Developments History and Establishment

Roya’s story is linked to an earlier real estate background through TIBA for Real Estate Development. Roya Developments emerged in 2007 as a development platform focused on real estate, tourism investment, contracting and consultancy, gradually building a portfolio that combines permanent residential communities, coastal resorts and mixed-use assets.

A major turning point came in 2015 when Pioneers Holding acquired a majority stake in Roya Developments. This shifted the company into a wider institutional structure and later placed several Roya projects within the broader PRE Group / Pioneers Properties portfolio. Projects such as Telal East, Telal Sokhna, Stone Park and The Hills continue to appear across PRE Group updates and annual development plans.

• 1997: The earlier real estate roots of TIBA and Engineer Hisham Shoukry began to take shape.
• 2007: Roya Group / Roya Developments was established as a real estate and tourism development platform.
• 2015: Pioneers Holding acquired a majority stake in Roya Developments, according to public company descriptions.
• 2024: PRE Group announced the launch and sell-out of the Selection phase in Telal East in its 9M 2024 results.
• 2025: PRE Group listed Telal East, The Hills, Telal Sokhna and Stone Park among its key developments for the year.

Key Projects by Roya Developments

Roya’s portfolio spans New Cairo and major coastal destinations, giving the company a presence in primary homes, second homes, resorts and commercial or mixed-use developments.

Residential Developments in New Cairo

• Telal East New Cairo — a fully integrated, mixed-use project across 184 feddans between New Cairo and the New Administrative Capital, with an 8-feddan lagoon, landscaped areas and diverse residential units.
• The Hills New Cairo — a villa-led community in the Fifth Settlement, close to the Ring Road and within short driving distances from Cairo International Airport, Heliopolis, Nasr City and the New Administrative Capital.
• Stone Park — one of the projects most closely associated with Roya’s New Cairo history, and referenced in Invest-Gate’s 2024 interview as a large-scale project that began in 2008.

Coastal Developments

• Telal El Sokhna — a resort in Ain Sokhna about 90 minutes from Downtown Cairo, set along a beach stretching roughly 6 km, with chalets, villas and twin villas arranged across terraced elevations with sea views.
• Telal Soul North Coast — a North Coast extension located at kilometer 129 on the Alexandria-Matrouh Coastal Road near Alamein, offering standalone villas, chalets, twin houses, greenery and a private lagoon.
• Telal Alamein / Telal North Coast — part of the wider Telal coastal portfolio associated with Roya and PRE Group’s North Coast developments.

Roya Developments in Numbers

These figures show the size of Roya’s business, but they need to be read carefully. The official unit number refers to units within the portfolio, while the company has not published a separate verified figure for total units delivered to customers.

Vision and Specializations

Roya Developments positions itself around creating livable communities rather than isolated buildings. In a 2024 Invest-Gate interview, the company’s management discussed a phasing strategy focused on completing livable zones, strengthening facility and community management, and improving project execution.

This approach is visible across the portfolio: Telal East uses water features, green areas and mixed residential products; Telal El Sokhna uses terraced planning to maximize sea views; and The Hills focuses on lower-density villa living inside New Cairo. Roya also operates across property development, tourism investment, hospitality, mixed-use commercial assets, contracting and consultancy.

Recent Updates and New Developments

In 2024, Pioneers Properties announced in its 9M 2024 results that a new phase of Telal East, named Selection, was launched in the Fifth Settlement. The phase covers more than 13 feddans, with only 20% allocated to buildings and the rest dedicated to greenery and water features, and the full phase was reported as sold out.

In February 2025, PRE Group listed Telal Sokhna, Telal East, The Hills, Stone Park and several related projects among its key developments for 2025. The group also stated that it was accelerating execution across ongoing projects and allocated approximately EGP 4.3 billion for construction works across its portfolio. This keeps Roya’s main project names active within one of Egypt’s broader real estate investment platforms.

Frequently Asked Questions About Roya Developments

When was Roya Developments founded?

Roya Developments was founded in 2007, with earlier roots connected to TIBA for Real Estate Development, which dates back to 1997.

What are the main projects by Roya Developments?

The company’s key projects include Telal East New Cairo, Telal El Sokhna, Telal Soul North Coast, The Hills New Cairo and Stone Park.

Where is Roya Developments headquartered?

Published company data places Roya Developments’ headquarters on Abdel Hamid Badawy Street in Sheraton, Cairo.

How many units has Roya Developments delivered?

No verified public total is available for delivered units. The official website lists 6,200 units as part of the portfolio, but it does not present this figure as total delivered units.

Is Roya Developments part of a larger group?

Yes. Roya is historically connected to TIBA and Engineer Hisham Shoukry, and Pioneers Holding acquired a majority stake in Roya Developments in 2015. Several Roya projects now appear within PRE Group / Pioneers Properties updates.