Mountain View for Development and Real Estate Investment announced record sales of EGP 105 billion in 2024, marking a 72% year-on-year increase and strengthening its position as one of Egypt’s leading real estate developers.
The company’s strong performance reflects growing demand for Mountain View projects across Egypt, supported by new launches, regional expansion, construction progress, and unit deliveries.
In 2024, Mountain View achieved EGP 105 billion in sales, representing a 72% increase compared to the previous year. The company also committed EGP 14.5 billion to construction works during the year, supporting delivery timelines across its portfolio.
Mountain View delivered 4,000 residential units in 2024 across its ongoing developments, reinforcing its commitment to clients and project execution.
Mountain View launched several major developments in 2024, including Kingsway in West Cairo and Plage in Sidi Abdel Rahman on the North Coast.
Kingsway spans 715 acres in West Cairo, while Plage covers 900 acres in Sidi Abdel Rahman with total investments estimated at EGP 90 billion. These launches reflect the company’s strategy to expand its land portfolio and develop integrated residential communities in high-demand locations.
The year also marked Mountain View’s official entry into the Saudi market through Mountain View Saudi Arabia. The company launched its first project in the Kingdom, One Mountain View, in collaboration with Maya Real Estate Development.
The project targets sales of SAR 1.5 billion and introduces Mountain View’s Signature Living concept to the Saudi real estate market.
Mountain View continued its social impact efforts through Mountain View Foundation’s Discovering Heroes program, which reached more than 40,000 students across five governorates and supported 350 families with essential services.
The company also inaugurated Mountain View International Applied Technology School, Egypt’s first specialized school for facility and landscape management. The school enrolled 200 students from 14 governorates and supported innovative student projects in national and international competitions.
In 2024, Mountain View launched Mountain View Club Management Company with investments of EGP 2 billion. The new company aims to develop sports and social facilities that support family lifestyles and create daily community experiences within Mountain View projects.
Mountain View received several awards in 2024, including two awards at the African Property Awards. Lagoon Beach Park at iCity Fifth Settlement was named Best Residential Development for 2024, while Greenhouse at ALIVA Mostakbal City received the Best Residential Property 2024 award.
The company was also recognized as the Best Real Estate Development and Investment Company in Egypt for 2024 by World Business Outlook Magazine.
Over the past 20 years, Mountain View has developed a strong portfolio of integrated residential communities across Egypt. The company’s land portfolio exceeds 4,000 acres and includes 20 projects across East Cairo, West Cairo, coastal destinations, and Saudi Arabia.
Mountain View currently has nine projects in East Cairo, six in West Cairo, five along the Red Sea and Mediterranean coasts, and one project in Saudi Arabia.
Mountain View is a leading Egyptian real estate development company founded in 2005. The company develops integrated urban communities based on its vision of bringing life to land and spreading happiness through innovation and the “Science of Happiness” concept.
Mountain View’s portfolio includes residential, coastal, and mixed-use communities across Egypt, with a growing regional presence following the launch of Mountain View KSA in 2024.
