Siva Developments is a real estate developer chaired by Ahmed Elhaddad. Together with Mada Development it launched Avida in Sidi Abdel Rahman on the North Coast, the first joint project between the two companies.
Avida in Sidi Abdel Rahman
Avida is a serviced-unit project with hotel management, in an eight-floor building of about 180 sea-view units starting from 45 square metres, with a beachfront of about 800 metres. The buyer combines a family stay on the coast with investment income from operation.
Siva Developments projects
- Avida Sidi Abdel Rahman: Serviced units with hotel management
The partnership and expansion plans
The two companies rely on combining ownership with hotel operation, and both are heading toward other projects on the North Coast, in New Cairo and in the New Capital. The chairman of Siva described a shared vision of building innovative real estate and tourism destinations.
Prices and what we review
Avida starts from about EGP 2.6 million as of November 2026, with a 10% down payment and installments up to 7 years. Because the project is new, we show you the construction status and the delivery terms written for your unit before you book, and review the contract with you before any payment.
How to decide on a coastal purchase
In the coastal projects of Siva Developments, a unit’s value depends on its distance from the sea or lagoon, its floor and its finishing, and how many months a year you will use it affects the choice between summering and renting. So we start with a simple question: are you buying for family use or for income? Then we show suitable units and review the down payment, installments and written delivery date, update you on construction status, and arrange a site visit where possible before any payment.
To ask about Siva Developments 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.
Siva Developments FAQ
Who develops Avida?
Siva Developments in partnership with Mada Development, their first joint project.
How many units does Avida have?
About 180 units in an eight-floor building with sea views, starting from 45 square metres.
What do Avida prices start from?
From about EGP 2.6 million as of November 2026, with a 10% down payment and installments up to 7 years.
Developer projects
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Projects by Siva Developments
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