SIAC Developments is the real estate arm of SIAC Holding Group, and it is developing Rewaya Compound in the heart of Sheikh Zayed City. Here is an overview of the company, its project, and the announced prices and payment plans.
About SIAC Developments
SIAC Developments operates as a subsidiary of SIAC Holding Group, a private Egyptian group with companies in development, contracting and building materials. The work of SIAC for Contracting and Engineering goes back to 1986. The group is chaired by Eng. Nehad Ragab, and Eng. Mostafa Fahmy chairs SIAC Holding for Development. The company’s office is in the Galleria area of Sheikh Zayed City on the 26th of July Corridor.
Eng. Nahla El Ebiary was general manager of SIAC Developments when the Rewaya project launched in November 2024. Ownership shares have not been announced officially, so we do not state them.
SIAC Developments projects
| Project | City | Starting price (as of November 2026) |
|---|---|---|
| Rewaya Compound Sheikh Zayed | Sheikh Zayed | About EGP 7.3 million |
The project we list is Rewaya Compound Sheikh Zayed, in the heart of the city directly on El Nozha Street, on about 17 feddans. The company sets aside about 78% of the area for gardens, green spaces and water features and only 22% for buildings. The design draws on the European neoclassical style, as announced at launch, and the announced investment is EGP 4 billion.
Units include one-bedroom apartments (78 to 117 sqm), two-bedroom apartments (122 to 165 sqm), three-bedroom apartments (160 to 230 sqm) and four-bedroom apartments, plus duplexes from 222 sqm and twin houses from 251 sqm.
The group’s other projects include October Hills, Tilal El Gezira and the Galleria office and retail complex in Sheikh Zayed, which opened in December 2018, as well as The Central project in the Financial District of the New Administrative Capital.
SIAC project prices and payment plans
Prices at Rewaya start from about EGP 7.3 million as of November 2026, with a down payment from 5% and installments of up to 10 years in some plans and 8 years in others. Plans differ from one unit to another, so we confirm the current price and payment schedule with you before you reserve. We also recommend comparing the low down payment plan with the higher down payment plans on total price.
Delivery and construction in SIAC projects
The announced delivery date for Rewaya is the first quarter of 2028. In July 2025, SIAC Developments announced the start of unit handovers at The Central in the New Administrative Capital, stating that about 70% of its units had been handed over and that sales had passed 90%. We advise you to ask us for the latest construction status at Rewaya before you sign.
Why buy SIAC projects through West Capital
- We send you the payment schedule with dates and explain the difference between plans in total price.
- We compare Rewaya with neighboring Sheikh Zayed compounds on size, down payment and delivery.
- We arrange site visits and confirm which units are available now.
SIAC Developments FAQ
Who is SIAC Developments?
It is the real estate arm of SIAC Holding Group and is developing the Rewaya project in Sheikh Zayed. Its office is in the Galleria area of the city.
Who owns SIAC?
SIAC is a private Egyptian group chaired by Eng. Nehad Ragab, and Eng. Mostafa Fahmy chairs SIAC Holding for Development. Ownership shares have not been announced officially.
What do units cost at Rewaya Compound?
They start from about EGP 7.3 million as of November 2026, and vary by unit type, size and floor.
When is Rewaya Compound delivered?
The announced date is the first quarter of 2028. We advise asking for the current construction status and the delivery date written in the contract.
Developer projects
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Projects by SIAC Developments
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