Valda Developments: The Story

Cheers to staying comfy all day long! If you’re looking for some cozy fluffiness, put on an oversized puff jacket and you’ll be all set. It’s the easiest thing to do when you’re not in the mood to go outfit hunting around your closet. It will surely go with anything and everything. Dress it up or down and you’ll be certain how much you probably wouldn’t be able to get through the season without this one!

Michael Kors Valentino Michael Kors

Louis Vuitton Louis Vuitton Louis Vuitton Louis Vuitton Versace

Fall and winter’s best friend! Trust us, you’re definitely going to need to add some leather to your look this season! Leather jackets are the most elegant clothing items ever! A plus to that one is that they’re guaranteed to always keep you warm during frosty weather! Put on a leather jacket and you’re sure to get a confidence boost right away!

Valentino Chloe Chloe

Fendi

Versace Michael Kors Michael Kors Christian Dior

VALDA DEVELOPMENTS:

THE STORY

by Aya Aboshady

Valda Developments is a real estate developer that was established in 2019 when Akoya Developments and New Avenue for real estate consultancy decided to join forces with the aim to become one of the most trusted developers in the Egyptian real estate market.

Akoya Developments is owned by Engineer Mohamed Mahmoud and Mr. Mohamed Shehata, also owner of Shehata Tires. Developing their first buildings in Nasr City, together they currently own an impressive 65 buildings fully constructed by Akoya Developments.

Akoya Developments has several projects in New Cairo including Hayati Residence, Akoya, Leven Square and The Ledge.

New Avenue was first launched as a real estate consultancy firm in Egypt in March 2015; with the first branch in Korba and later expanding to include a secondary office in New Cairo. It has been in the market for 5 years with a sales volume of 10,800,000,000 EGP and a workforce of 130 employees.

Serving the high-end community, Valda Developments is starting its first real estate project in collaboration with Mountain View; a retail commercial strip to be located in the most prime location on the East Ring Road between New Cairo and the New Capital with a project area of 18,000 meters including retail options that vary between F&B, banks, kids area, gym, supermarket, fashion stores…etc. Retails will also be sold to investors or end users directly.

Mohamed Shehata, the Chairman of Valda Developments

“Our main priority is keeping our promises to our clients; delivering the highest quality with punctual timings. “

THE TEAM BEHIND VALDA DEVELOPMENTS:

Mohamed Shehata, the Chairman of Valda Developments, graduated from October University for Modern Sciences and Arts (MSA) with a Bachelor’s degree in Computer Science Engineering. He’s also the General Manager of Shehata Tires and has been the Vice Chairman of Shehata Group since 2006. He was also the General Manager of the Tire and Tech company, El Rowad company for imports, as well as the Vice Chairman of Green Valley Real Estate since 2013..

Mohamed Mahmoud, CEO of Valda Developments, graduated from the American University in Cairo (AUC) with a Bachelor’s degree in Construction Engineering. Mahmoud served as the Project Manager of Hayati Residence (2012-2015), Akoya Compound (2015-2019), Leven Square (2017-2020), and the Ledge (2019-2021) and also acted as the Deputy Chairman at El Ghad El Moshreq Real Estate (2011-2021) as well as Green Valley Real Estate.

Ahmed El Dessouky is the Managing Director and Board Member. In 2015, Dessouky decided to start his own company to fill a void between clients and sales teams in the brokerage market. Through his previous experience in real estate, Dessouky became aware of the great incompatibility between the backgrounds of clients and the sales teams serving them.

He then went on to implement this in New Avenue by hiring a well educated sales team who are aligned with the clients and are able to provide them with the information and feedback they need.

After New Avenue’s success, he decided to build on its knowledge and Akoya Developments’ credibility and start Valda Developments.

For him, Valda Developments was offering what the market needs with their retails only project - something that is not currently available in the market - as they plan to become one of the most trusted developers in Egypt.