
El Masria Group Developments is an Egyptian company working in commercial and administrative projects. One of its newest is The Wave Mall Fifth Settlement in New Cairo, next to the American University.
About El Masria Group
In May 2024 the company held an event to present a group of projects it intends to launch through summer 2025, and it also worked with KAD on the Isola Sheraton project. The only project we currently list for it on our site is The Wave.
El Masria Group projects
| Project | City | Starting price as of November 2026 |
|---|---|---|
| The Wave Mall Fifth Settlement | New Cairo | Administrative from EGP 139,500 per meter, commercial from EGP 236,500 per meter |
The mall extends over 4,250 square meters, with glass facades and landscape views, and is minutes from the 90th Streets and the Lotus District. Payment is a 10% down payment with installments up to 10 years.
Frequently asked questions about El Masria Group
What is El Masria Group’s project?
Among its projects is The Wave Mall in the Fifth Settlement next to the American University, on 4,250 square meters.
What is the price per meter at The Wave Mall?
The administrative meter starts from EGP 139,500 and the commercial meter from EGP 236,500 as of November 2026, with a 10% down payment and installments up to 10 years.
Where is The Wave Mall?
In the Fifth Settlement in New Cairo, next to the American University and close to the Lotus District and the 90th Streets.
Projects by El Masria Group Developments

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