
HUD Urban Development is an Egyptian company that began in contracting before moving into real estate development, and it belongs to the Alioua Group chaired by Eng. Sayed Alioua. It focuses on commercial, administrative and medical malls in high-traffic locations in the New Capital and the Fifth Settlement.
Projects in the New Capital
The company chose MU23, the first district in the capital where commercial, administrative and medical buildings are separated into planned clusters. There it offers Blue Sky on plot G4 directly opposite the Iconic Tower on 3,366 square metres, and Circle Mall on plot H4 on 2,936 square metres, its third project in the capital after Key Mall and Blue Sky. Both buildings have three basements, a ground floor and 9 floors.
HUD Urban Development projects
- Blue Sky Mall New Capital: Plot G4 in MU23 facing the Iconic Tower
- Circle Mall New Capital: Plot H4 in MU23
- Blue Waters Mall New Cairo: 6,000 square metres in the Al Qarnful services district
Blue Waters in the Fifth Settlement
The mall stands on 6,000 square metres in the Al Qarnful services district behind the Public Prosecutor’s office, with a ground floor, a mezzanine ground floor and three typical floors, and units from 17 square metres. HPM handles management and operation across the company’s projects, and ECB provides engineering consultancy.
Prices and payment plans
Circle Mall starts from EGP 1.44 million, Blue Waters from EGP 2.16 million and Blue Sky from EGP 2.9 million as of November 2026, with a 5% down payment and installments from 9 to 12 years. We send you what is available now on WhatsApp and review the delivery terms written in your contract.
How to evaluate a unit
When you buy a commercial, administrative or medical unit from HUD Urban Development, we advise starting with the activity you want before the area. A shop needs a frontage and foot traffic, an office needs a quiet entrance and enough parking, and a clinic needs a nearby lift and a waiting area. Then compare the price per metre on your preferred floor with other floors, and ask who operates the building and what the maintenance fees cover. We provide this comparison using the actual figures of the available units and arrange a site visit before you pay anything.
To ask about HUD Urban Development projects or arrange a viewing, message us on WhatsApp or call +201002200212. We will send the available units and compare them with similar ones in the same area so you reach an informed decision.
HUD Urban Development FAQ
What are the projects of HUD Urban Development?
Blue Sky, Circle Mall and Key Mall in the New Capital, and Blue Waters in the Fifth Settlement.
Who chairs the Alioua Group?
Eng. Sayed Alioua. HUD Urban Development belongs to the group.
What do HUD mall prices start from?
From EGP 1.44 million at Circle Mall as of November 2026, with a 5% down payment and installments up to 12 years.
Projects by HUD Urban Development
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