Refada Development is an Egyptian joint-stock company founded in 2010 in Banha by architect Mohamed Shalaby and civil engineer Mohamed El Menyawy. The company has delivered more than 500 residential, administrative and commercial units, with a business volume above EGP 2 billion, and is now developing MED 5, a medical mall in Sheikh Zayed.
About Refada Development
Refada grew out of a friendship between its two founders that became a partnership in real estate development. In its first years the company focused on residential towers and smart residential buildings in Banha, then added commercial and administrative units, and later moved into medical projects with MED 5 Mall. Eng. Mohamed Shalaby leads the company as Chief Executive Officer.
| Item | Details |
|---|---|
| Founded | 2010 |
| City of origin | Banha, Qalyubia |
| Legal form | Egyptian joint-stock company |
| Founders | Eng. Mohamed Shalaby and Eng. Mohamed El Menyawy |
| Delivered units | More than 500 units |
| Business volume | More than EGP 2 billion |
| Total land area | More than 500,000 m² |
| Residential projects | More than 10 projects |
| Team | More than 600 employees and workers |
| Head office | Ritzy Plaza, Administrative Complex, Sheikh Zayed |
Refada Development projects on our site
| Project | Area | Summary |
|---|---|---|
| MED 5 Mall Sheikh Zayed | Sheikh Zayed, Zayed 5 entrance on Waslet Dahshur | Medical mall: finished clinics from 34 m², shops and a pharmacy, with a down payment from 10% and installments over up to 7 years. |
Refada’s track record in Banha
Most of Refada’s completed projects are mixed-use residential towers in the Villas district and New Banha. The ground and first floors hold commercial and administrative units for companies, banks and shops, and the typical floors are apartments with entrances separated from the commercial activity.
Towers the company lists among its completed projects:
- Al Hamd Tower, Al Manar Tower, Al Nour Tower and Al Karam Tower.
- Ashkal Tower 1 and Ashkal Tower 2.
- Al Wahat Tower, Al Zemam Tower, Al Salam Tower and Moussa Tower.
- Sabah Tower 1 and Sabah Tower 2.
- Al Mahatta Tower, Tower 164, Al Nile Tower and Ouda Tower.
- Al Andalus Tower 2, Arteeb Tower and Al Taher Tower.
MED 5: Refada’s first medical project in Sheikh Zayed
MED 5 Mall is the company’s newest project and is under construction at the Zayed 5 entrance. The building is dedicated to clinics and medical services, with wide corridors, patient elevators and a ventilation and infection-control system, and MediCure manages it after handover. Prices, sizes and the payment plan are on the MED 5 Mall Sheikh Zayed page.
The company name is also written Rafada Development and Refada Real Estate Development.
Browse also Sheikh Zayed projects and shops and clinics for sale in Sheikh Zayed.
Frequently asked questions about Refada Development
Who owns Refada Development?
It was founded in 2010 by architect Mohamed Shalaby, who is the Chief Executive Officer, together with civil engineer Mohamed El Menyawy.
Which Refada projects does West Capital offer?
We currently offer MED 5, the medical mall in Sheikh Zayed. The link to its page is in the table above.
What is Refada Development’s track record?
More than 500 units delivered since 2010 with a business volume above EGP 2 billion, mostly residential and commercial towers in Banha.
Where is Refada Development’s head office?
In Ritzy Plaza, in the Administrative Complex in Sheikh Zayed. The company was founded in Banha.
How do I get prices for Refada projects?
MED 5 Mall prices are published on the project page. Message us on WhatsApp and we will send you the units available today and the payment plan.
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Projects by Refada Development
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