MG Development is an Egyptian real estate developer founded in 1998, which changed its name from Mataweh Group. It works in coastal resorts, and the projects we list are in Ain Sokhna: Blue Blue<\/a> village and Solara<\/a> village.<\/p>\n The company offers resort units on the Red Sea. Market figures differ on some of its project numbers, so we stick to what is agreed and advise you to review the actual delivery phases before buying off plan. West Capital tracks the prices of its units from the developer and from owners and compares them with other Sokhna villages.<\/p>\nAbout MG<\/h2>\n
MG projects and prices (as of November 2026)<\/h2>\n
| Project<\/th>\n | City<\/th>\n | Starting price<\/th>\n<\/tr>\n<\/thead>\n |
|---|---|---|
| Blue Blue village<\/a><\/td>\n | Ain Sokhna<\/td>\n | From EGP 4.4 million<\/td>\n<\/tr>\n |
| Solara village<\/a><\/td>\n | Ain Sokhna<\/td>\n | Studios from EGP 3.6 million<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Blue Blue covers about 30 feddans on the Zafarana Road, with delivery announced for December 2025. It includes apartments, duplexes, villas and chalets, many swimming pools, an internal commercial street and smart-home technology. The company publishes two payment plans: a 25% down payment with installments up to 4 years, or a 10% down payment with installments up to 6 years, and the units on offer today come from the developer and from owners. Solara covers 25,000 square metres, with 80% of the land given to green spaces and water, a 2,000 square metre lagoon and a 200 metre sandy beach, a down payment from 10%, installments up to 10 years and delivery in December 2030.<\/p>\n Areas covered<\/h2>\n |