SODIC

0 Active Project · Founded 1996

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ABOUT THE DEVELOPER

About the Developer

SODIC Developments, officially Sixth of October Development & Investment Company, is one of Egypt’s leading real estate developers. Founded in 1996, SODIC develops large-scale residential, commercial, retail, hospitality and mixed-use communities across West Cairo, East Cairo and the North Coast. The company is headquartered at Km 38 on the Cairo-Alexandria Desert Road in Sheikh Zayed, Giza.

SODIC’s portfolio includes integrated communities and destination projects such as SODIC West, SODIC East, The Estates, June, Ogami, Eastvale and V Residences. According to the company’s official website, SODIC communities are home to more than 30,000 residents, supported by a customer-focused approach, sustainable planning and long-term community management.

SODIC’s Foundation and Growth

SODIC was incorporated in 1996 as Sixth of October Development & Investment Company and is listed on the Egyptian Exchange under the ticker OCDI.CA. The company initially built its reputation in West Cairo, especially through its flagship SODIC West community in Sheikh Zayed, before expanding into New Cairo, New Heliopolis, Ras El Hekma and other strategic areas.

A key ownership milestone came in 2021, when the Aldar-ADQ consortium acquired an 85.5% stake in SODIC. In 2025, the company continued to expand its development pipeline through new revenue-share agreements in New Sphinx City and Mada City, while launching Eastvale in East Cairo and progressing deliveries in projects such as VYE and June.

Key SODIC Developments

SODIC’s developments are concentrated across three core markets: West Cairo, East Cairo and the North Coast. Each area includes a mix of residential communities, commercial districts and lifestyle-led destinations.

Major Residential Communities

  • SODIC West — Sheikh Zayed: SODIC’s flagship West Cairo community, spanning 1,500 acres according to the official website, with residential, commercial and business components.
  • The Estates — New Zayed: a 150-acre signature community with a 13% built footprint and a strong focus on open spaces and privacy.
  • SODIC East — New Heliopolis: a 655-acre East Cairo community master-planned by Sasaki, with more than 84% open green spaces.
  • Eastvale — Mada City: a wellness-focused East Cairo project offering apartments, townhomes, twin villas and villas.
  • V Residences — New Cairo: fully finished upscale apartments within Villette.

Commercial and Mixed-Use Projects

  • The Portal — Sheikh Zayed: a commercial and business destination within SODIC’s West Cairo portfolio.
  • SODIC Medical District — Sheikh Zayed: a service-led development focused on healthcare-related uses.
  • The Polygon — SODIC West: a business park inside SODIC West and home to SODIC’s headquarters.

North Coast Developments

  • June — Ras El Hekma: a Miami-inspired beach town with lagoons, hospitality components and serviced amenities. SODIC announced that unit deliveries commenced in 2025 ahead of the original schedule.
  • Caesar — Ras El Hekma: a coastal community on a Mediterranean bay, with around 1 km of beachfront according to the project page.
  • Ogami — Ras El Hekma: a North Coast destination at KM83 on the Matrouh-Alexandria Road, anchored by SODIC’s partnership with Nobu for hotel, restaurant and residential experiences.

SODIC in Numbers

SODIC’s official investor-relations releases show the scale of its recent operating performance, particularly in 2025, when the company reported strong growth in sales, revenues and net profit while expanding its land bank.

Founded1996
HeadquartersKm 38 Cairo-Alexandria Desert Road, Sheikh Zayed, Giza
Main marketsWest Cairo, East Cairo, North Coast
EGX tickerOCDI.CA
ResidentsMore than 30,000 residents according to the official website
2025 contracted salesEGP 48.4 billion according to FY 2025 results
2025 deliveries2,083 units during the year, an annual figure rather than a cumulative total
Total delivered unitsNo verified public cumulative total is available for delivered units.

SODIC’s Vision and Specializations

SODIC states that its vision is to lead the Egyptian real estate landscape through diversity, experience and value creation. Its mission focuses on creating sustainable developments, working closely with stakeholders and earning long-term customer trust. This positioning is reflected in large-scale planning, green spaces, community services and continued management after delivery.

The company’s specializations include integrated residential communities, commercial and office destinations, coastal projects, hospitality, sports clubs and facility management. Sustainability is also part of SODIC’s stated approach, including energy efficiency, water conservation, green spaces, community engagement and responsible materials.

Recent Updates and New Projects

In 2025, SODIC reported EGP 48.4 billion in gross contracted sales, EGP 21.26 billion in revenues and EGP 4.49 billion in net profit after tax and non-controlling interests. It also expanded its land bank by approximately 1,500 feddans, including 1,000 feddans in New Sphinx City and 500 feddans in Mada City, East Cairo.

During the same year, SODIC announced the early delivery of VYE six months ahead of schedule, the early commencement of home deliveries at June on the North Coast and the launch of Eastvale in Mada City. In August 2025, the company also announced the official opening of Nobu North Coast at Ogami, with plans to extend Nobu-branded hotel, restaurant and residential experiences to Eastown District New Cairo and The Estates Residences in New Zayed.

FAQs About SODIC Developments

When was SODIC founded?

SODIC, officially Sixth of October Development & Investment Company, was founded in 1996.

What are SODIC’s main projects?

SODIC’s main projects include SODIC West, SODIC East, The Estates, June, Ogami, Eastvale and V Residences.

Where is SODIC headquartered?

SODIC is headquartered at Km 38 on the Cairo-Alexandria Desert Road in Sheikh Zayed, Giza.

Is SODIC listed on the Egyptian Exchange?

Yes. SODIC is listed on the Egyptian Exchange under the ticker OCDI.CA.

How many units has SODIC delivered?

No verified public cumulative total is available for delivered units. The company officially reported 2,083 units delivered during 2025, which is an annual figure rather than a lifetime total.

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