Monterra Developments is a real estate developer built on an Egyptian-Russian partnership, which entered the Egyptian market with its first project, Monterra Bay on the North Coast. The company is led by CEO Mohamed Maamoun and plans gradual expansion in Egypt, with further projects under study in Cairo.
About Monterra Developments
The company was established after completing its legal procedures and securing its project land, and it used 2026 to build its organizational structure and operational readiness. The partnership combines investment capital with technical expertise, and its backers describe it as an expression of Russian investors’ confidence in the Egyptian economy. For execution it relies on affiliated contractors that took part in major national projects, including the Dabaa nuclear power plant, aiming to raise delivery efficiency.
Projects by Monterra Developments
The project on our site is Monterra Bay North Coast, the company’s first, covering about 55 feddans at Km 164 in Dabaa. It has about 1,440 residential units, mostly chalets of 100 to 135 sqm, with a large share of the land given to green space and water features and buildings limited to 18%. Construction began in September 2025, and delivery runs in phases, the first within about three years.
What to check when buying from a new developer
Monterra is a young company, which calls for a closer review before booking. We walk you through actual construction progress on site, the contract terms and the written delivery dates for your unit, and we compare the payment plan with what neighboring projects offer. Because the company relies on contractors who worked on large projects, we ask for the name of the contractor building your phase and the execution program.
To learn which units are available and their current prices, message us on WhatsApp, and we send you the actual payment schedule for the unit that suits you.
Frequently asked questions about Monterra Developments
Who is Monterra Developments?
A real estate developer built on an Egyptian-Russian partnership, whose first project is Monterra Bay on the North Coast.
What are the projects of Monterra Developments?
Its first and only listed project is Monterra Bay North Coast at Km 164 in Dabaa.
How do I check construction progress before booking?
We review actual progress and the written delivery terms for your unit with you before any payment.
Developer projects
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Projects by Monterra Developments
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