RE
Egypt real estate brief
Sevilla Developments launches STEEP Mall in Sheikh Zayed with EGP 2 billion investment
An RE brief based on a story published by العقارات اليوم on 8 November 2026.
Read the full story at the sourceThe story in brief
Sevilia Developments announced partnerships with 4 specialist entities to manage, design and operate STEEP Mall, a commercial, administrative and medical project in the Golden Square area of Sheikh Zayed. The project sits on 5,612 square meters, and the company says about 80% of construction was completed before units were offered for sale.
Key numbers
- 2 billion EGP
- Target investment in the project
- 5,612 square meters
- Land area
- 3 basement floors, a ground floor and 4 repeated
- Building composition
- More than 2,500 square meters
- Medical activities area
- 80%
- Construction completion
Why it matters for brokers
STEEP Mall adds commercial, administrative, medical and entertainment uses in Sheikh Zayed, with the company reporting that about 80% of construction was complete before sales began. Sevilia targets investment of up to 2 billion EGP and has partnered with specialist operators for the project’s components.
RE's reading of the story. It is not part of the original report and not investment advice.