Mountain View for Development and Real Estate Investment announced a landmark year in 2024, achieving record-breaking sales of EGP 105 bn—a 72% year-on-year growth, Invest-Gate reports. The company’s achievements included the delivery of 4,000 residential units and the launch of major projects such as Kingsway in West Cairo, spanning 715 acres, and Plage in Sidi Abdel Rahman, North Coast, with investments totaling EGP 90 bn over 900 feddans.

Mountain View also made its debut in the Saudi Arabian market with its first project, One Mountain View, targeting sales of SAR 1.5 billion. Amr Soliman, Founder and Executive Chairman, remarked, “2024 was an extraordinary year, reflecting the trust of our clients and our alignment with Egypt’s Urban Development Vision 2052. These successes motivate us to expand regionally and continue driving community development.”

Co-CEO Wael Ezz highlighted the company’s strategic flexibility and regional expansions, stating, “Our entry into Saudi Arabia with One Mountain View in collaboration with Maya Real Estate Development is a significant milestone.” Meanwhile, Co-CEO Wael Lotfy emphasized Mountain View’s client-focused approach, which prioritizes understanding customer aspirations to deliver innovative projects.

The company also launched Mountain View Club Management Company (MVCMC) with EGP 2 bn in investments, aiming to develop sports and social facilities. Recognizing its contributions to real estate, Mountain View received multiple accolades in 2024, including “Best Residential Development” at the African Property Awards and “Best Real Estate Development and Investment Company in Egypt” by World Business Outlook Magazine.

Over two decades, Mountain View has built a distinctive portfolio across 20 projects in Egypt and Saudi Arabia, covering more than 4,000 feddans and redefining community living.