MBG Developments | Doray Bay & Projects 2026

Prepared by: New Mansoura Real Estate Research Team
Last updated: August 6, 2026

Master Builders Group – MBG Developments is an Egyptian real estate developer established under its current corporate identity in 2017. The company develops residential communities, coastal destinations, commercial properties, administrative offices and specialised medical projects across Cairo, the New Administrative Capital and the Delta region.

MBG’s current portfolio includes Doray Bay Ras El Bar, Pukka, Diplo East, Pukka Walk, White 14, River Green and River Green 2. Its broader track record also includes more than 160 residential towers, over 30 medical developments and more than 10 commercial buildings according to the company’s official portfolio classification.

Doray Bay is MBG’s principal coastal project in the Delta. It extends along approximately one kilometre of Mediterranean beachfront on Nakheel Street in Ras El Bar and includes apartments, chalets, garden villas, sky villas, family residences and hospitality-related properties.

Buyers can review the company’s management, portfolio and official project updates through the official MBG Developments website.

About Master Builders Group

MBG Developments was established in 2017 with a strategy based on creating multidisciplinary projects rather than concentrating on one property category. Its portfolio includes integrated residential compounds, coastal communities, medical centres, business towers and retail destinations.

The company’s approach covers the full development cycle, including:

• Site selection and land acquisition.
• Market and feasibility studies.
• Architectural and engineering design.
• Construction and infrastructure.
• Commercial planning and sales.
• Facility management and community services.
• Technology integration.
• Post-sale customer support.

MBG’s stated purpose is to develop projects that allow buyers to plan their future with greater confidence through functional design, technology, long-term services and clearly defined property uses.

When Was MBG Developments Founded?

MBG’s official company history identifies 2017 as the establishment year of its current corporate brand. The management team and associated property professionals have broader experience in construction, medical real estate and property investment that predates the current company identity.

This distinction is important when evaluating the developer:

• The MBG Developments brand was established in 2017.
• The company’s management has longer professional and investment experience.
• The wider portfolio includes projects completed before and after the launch of the current brand.
• Buyers should review the precise development or contracting role performed in each previous project.

MBG Developments Leadership

Dr. Mahmoud El-Adl – Chairman

Dr. Mahmoud El-Adl is Chairman of MBG Developments. His professional background includes sports medicine, medical administration and investment.

His healthcare experience is reflected in MBG’s medical developments, particularly River Green and River Green 2. These projects were planned specifically for clinics, diagnostic services, pharmacies and healthcare operators rather than being converted from ordinary office buildings.

Dr. Amr El-Adl – CEO and Vice Chairman

Dr. Amr El-Adl serves as Chief Executive Officer and Vice Chairman. His management vision focuses on technology, sustainability, customer experience and developing communities that respond to future residential and business requirements.

MBG’s official strategy under this leadership emphasises:

• Innovation in property planning.
• Smart systems and digital transformation.
• Sustainable construction.
• Quality and professional management.
• Expansion into new Egyptian destinations.
• Long-term customer relationships.

MBG Developments Vision and Values

MBG aims to become a recognised developer of innovative and sustainable communities. Its published values include integrity, customer focus, innovation and professionalism.

The company’s development approach can be summarised through the following principles:

• Creating complete communities rather than isolated buildings.
• Selecting locations with clear residential or operational demand.
• Providing different property types within the same portfolio.
• Using contemporary architectural concepts.
• Integrating technology into building management.
• Providing landscaping and recreational facilities.
• Planning medical projects around doctors’ and patients’ needs.
• Appointing specialist consultants and contractors.
• Offering installment plans linked to construction periods.
• Providing facility management and post-handover services.

MBG Developments Track Record

The official company portfolio divides MBG’s previous and current work into residential, medical and commercial developments.

The number of previous buildings can support a developer assessment, but buyers should still examine the company’s exact role in each property. That role may include full development, construction, investment, partnership or project management.

MBG Developments Projects

Doray Bay Ras El Bar by MBG

Doray Bay Ras El Bar is MBG’s flagship coastal project in the Delta. It is located directly on the Mediterranean Sea on Nakheel Street and extends along approximately one kilometre of beachfront.

The development is designed as a coastal residential and hospitality destination with different property categories, hotel services, retail facilities, sports amenities and family entertainment.

Where Is Doray Bay Located?

Doray Bay is located directly on the Mediterranean coast in Ras El Bar. Its site extends along Nakheel Street and is close to:

• The El Lissan area.
• Damietta Port.
• Port Said–Ras El Bar Road.
• The 6th of October Armed Forces Club.
• Ras El Bar restaurants and visitor services.
• Road connections to Damietta and New Damietta.
• Schools, healthcare services and local commercial areas.

The project’s long coastal frontage can provide different sea, pool, garden and rooftop views. The actual value of each unit depends on its exact building, row, direction and distance from the beach.

Doray Bay Master Plan

The master plan includes different residential zones and property concepts designed around views and access to the coast.

Officially listed property concepts include:

• Family Houses.
• Beach Residences.
• Garden Villas.
• Downtown Residences.
• Elite Chalets.
• Signature Chalets.
• Sky Villas.
• Clubhouse Residences.
• Hospitality-related properties.

Buildings are generally planned with a ground floor and three upper floors according to the current New Mansoura project information. Buyers should verify the final building configuration of the selected phase through the approved master plan.

Doray Bay Unit Types

Studios and One-Bedroom Units

Smaller units can suit individual use, holiday stays or buyers seeking a lower entry price. Current layouts should be reviewed carefully to assess the net internal area, storage and balcony size.

Two-Bedroom Chalets

Two-bedroom properties may suit small families and seasonal rental demand. Their value varies according to view, floor and walking distance to the beach and pools.

Three- and Four-Bedroom Properties

Larger apartments and chalets can suit family residence and longer summer stays. Buyers should compare bedroom dimensions, reception area, number of bathrooms and service spaces.

Garden Villas

Selected ground-floor or villa-style properties include private gardens. Buyers should verify whether the garden is legally owned, allocated for exclusive use or included through another contractual arrangement.

Sky Villas

Sky villas are upper-level properties designed to offer more privacy and open views. The contract should identify the roof area, terrace ownership, maintenance obligations and any restrictions on external alterations.

Hotel and Serviced Properties

Hospitality-related units may be connected with professional management, hotel services or rental programmes. Buyers should review the management company, fees, personal-use rights and income-distribution method before purchasing.

Doray Bay Unit Sizes

The current online inventory card displays units between approximately 51 and 210 sqm. Availability changes by launch and development phase, so the official availability sheet should be used when selecting a property.

Doray Bay Prices in 2026

The current listed starting price for Doray Bay is approximately EGP 4,500,000. Actual prices vary according to:

• Property type.
• Internal and saleable area.
• Building and project phase.
• Direct, partial or garden view.
• Floor level.
• Private garden or roof space.
• Finishing and furniture.
• Distance from the beach.
• Down payment and installment plan.
• Current sales release.

Doray Bay Payment Plans

The buyer should request a full schedule showing:

• Reservation payment.
• Contract down payment.
• Quarterly or scheduled installments.
• Annual or exceptional payments.
• Handover payment.
• Maintenance deposit.
• Parking or storage charges.
• Utility and meter fees.
• Hospitality-management charges where applicable.

Doray Bay Delivery and Finishing

The current project page indicates delivery approximately four years from the contract date and lists units as fully finished.

The sale agreement should identify:

• The exact contractual handover date.
• The developer’s grace period.
• Finishing specifications.
• Flooring and wall materials.
• Doors and windows.
• Bathroom and kitchen provisions.
• Air-conditioning preparation or installed systems.
• Utility meters.
• Opening date of the beach and main amenities.
• Inspection and handover procedures.

Doray Bay Amenities

• Direct beach access.
• Outdoor swimming pools.
• Indoor swimming pool.
• Water features and landscaped areas.
• Hotel services and hospitality properties.
• Clubhouse.
• Restaurants and cafés.
• Retail outlets and mini market.
• Padel courts.
• Football and other sports facilities.
• Gym and fitness areas.
• Children’s area.
• Gaming and cinema rooms.
• Event spaces.
• Administrative offices.
• Clinic.
• Residential parking.
• Storage areas.
• Bicycle-sharing system.
• Pet-care services.
• Security systems.

Diplo East New Capital

Diplo East is an MBG residential community located on Plot A1 directly in front of the Diplomatic District in the New Administrative Capital.

The project includes apartments and villas and is planned so that residential buildings overlook landscaped areas or water features.

Diplo East Location

The development is close to:

• The Diplomatic District.
• The Green River.
• Culture and Science City.
• The Cathedral of the Nativity.
• Al Masa Hotel.
• New Capital International Airport.
• Expo City.
• The New Opera House.
• The Medical City.
• Al Fattah Al Aleem Mosque.

Diplo East Property Types

• Residential apartments.
• Duplex properties.
• Townhouses.
• Independent villas.
• Selected properties overlooking landscaping or water features.

Points to Check Before Buying in Diplo East

• Exact property area and layout.
• Building or villa location.
• Landscape or water-feature view.
• Finishing condition.
• Payment-plan total price.
• Parking allocation.
• Delivery date.
• Maintenance and club charges.

Pukka New Capital

Pukka is MBG’s established residential compound in the R7 District of the New Administrative Capital.

Pukka Facilities

• Swimming pools.
• Clubhouse.
• Pukka Walk retail destination.
• Hypermarket.
• Food court.
• Community gardens.
• Green spaces.
• Bicycle-sharing system.
• Residential parking.
• Central satellite systems.
• Security services.
• Pet-care services.

Is Pukka Ready for Delivery?

MBG’s current communication indicates that delivery has begun within Pukka. Availability and handover timing differ between buildings and phases.

Buyers should obtain a written document identifying:

• Whether the unit is ready, near delivery or under construction.
• The exact handover date.
• Finishing status.
• Utility availability.
• Maintenance activation date.
• Any remaining developer payments.

Pukka Walk Commercial Project

Pukka Walk is the retail and entertainment component associated with Pukka Compound.

Commercial buyers should check:

• The permitted activity.
• Retail frontage.
• Customer circulation.
• Floor and proximity to entrances.
• Ventilation and extraction requirements.
• Utility capacity.
• Opening date.
• Operating and marketing charges.
• Signage and working-hour rules.

White 14 New Capital

White 14 is a mixed-use commercial and administrative tower overlooking the Green River in Downtown New Capital.

White 14 Location Advantages

• Downtown position.
• Green River view.
• Access from Mohammed Bin Zayed Axis.
• Access from the Regional Ring Road.
• Access from Suez Road.
• Proximity to the Touristic Towers district.
• Connection with New Capital business and government areas.

White 14 Facilities

• Underground parking.
• Meeting rooms.
• Central satellite and Wi-Fi.
• Security systems.
• Hypermarket.
• Food court.
• Multiple project access points.
• Open administrative views.

River Green Medical Complex

River Green is a specialised medical and commercial complex in the MU23 district of the New Administrative Capital.

The project is located directly on El Amal Axis and is designed specifically for clinics, medical centres, laboratories, pharmacies and healthcare operators.

River Green Medical Facilities

• VIP waiting areas.
• Private elevators for doctors.
• Trolley elevators for patients and equipment.
• Valet parking.
• Meeting and conference rooms.
• Motel rooms serving medical tourism.
• Electrical earthing systems.
• Accessibility for people with disabilities.
• Antibacterial paints.
• Housekeeping and sterilisation services.
• Central satellite and Wi-Fi.
• Security services.
• Medical contracting support.
• Landscaped surroundings.

Medical buyers should confirm that the selected property supports the technical and licensing requirements of their exact speciality.

River Green 2

River Green 2 continues MBG’s specialised medical-development strategy in the New Administrative Capital.

The project is presented as a modern medical hub designed for contemporary clinics and healthcare operators.

Before purchasing a unit, review:

• Permitted medical speciality.
• Clinic or centre layout.
• Water and drainage points.
• Electrical capacity.
• Elevator access.
• Patient waiting facilities.
• Medical-waste procedures.
• Signage and operating rules.
• Finishing and air-conditioning specifications.

MBG’s Strategic Partners

MBG has announced cooperation with architectural, engineering and technology partners across its projects.

Published partners and consultants include:

• YBA – Yasser Al Beltagy Architects: Architectural work associated with Doray Bay.
• Hany Saad Innovations: Design work associated with Doray Bay.
• ACE Moharram Bakhoum: Engineering supervision associated with Doray Bay.
• EHAF Consulting Engineers: Engineering involvement associated with major developments.
• El Sewedy Engineering Industries: Infrastructure works associated with Pukka.
• ABB: Smart electrical equipment associated with Pukka.
• Schindler: Elevator systems associated with Pukka.
• SAP: Digital-transformation cooperation.
• PwC: Strategic and organisational cooperation.

The scope of each partner should be assessed separately. Architectural design, engineering supervision, construction, equipment supply and strategic consultancy represent different responsibilities.

Comparing MBG Developments Projects

MBG Developments Prices in 2026

The clearest current Delta pricing available through New Mansoura relates to Doray Bay:

Using a dated official quotation is more reliable than applying an old square-metre price to current availability. Real estate prices may change between releases even when the property area remains the same.

What Determines MBG Property Prices?

• The selected project and city.
• Residential, coastal, retail, administrative or medical classification.
• Saleable and net internal area.
• Building, phase and floor.
• Sea, landscape, pool or Green River view.
• Private garden, terrace or roof area.
• Finishing and furniture.
• Distance from entrances, elevators and services.
• Delivery date and construction status.
• Down payment and installment duration.
• Maintenance, management and operating charges.
• Current sales release and promotional discount.

Is MBG Developments Reliable?

MBG has several indicators that buyers can use when assessing the developer:

• Official operation under the current brand since 2017.
• Publicly identified Chairman and CEO.
• A diversified residential, commercial and medical portfolio.
• Projects in the New Capital, Cairo and the Delta.
• Delivery activity within Pukka.
• Cooperation with recognised engineering and technology companies.
• An official website, head office and sales hotline.
• A broad previous portfolio of residential and medical buildings.

These indicators do not replace project-specific legal and technical checks. Buyers should review the property documents, construction progress, contract and payment obligations before purchasing.

Documents to Review Before Buying from MBG

• Land ownership or allocation documents.
• The development or partnership agreement.
• Ministerial approval and approved master plan.
• Building and use permits.
• Commercial registration of the contracting company.
• Authorised company signatories.
• Exact unit plan and code.
• Contractual area and load ratio.
• Finishing specifications.
• Contractual handover date.
• Maintenance and facility-management obligations.
• Parking, storage and utility charges.
• Assignment and resale terms.
• Cancellation and refund conditions.

Advantages of Buying from MBG Developments

• Diversified property portfolio.
• Residential, medical, commercial and coastal specialisation.
• Previous development experience in the Delta.
• A direct beachfront project in Ras El Bar.
• Residential and investment projects in the New Capital.
• Cooperation with specialist consultants and suppliers.
• Selected delivery activity within Pukka.
• Different property types and sizes.
• Fully finished options in Doray Bay.
• Specialised medical planning in River Green.
• Technology and digital-transformation partnerships.
• Official customer-service channels.

Points to Check Before Buying from MBG

• Request the latest availability and price sheet.
• Confirm the unit code, building and phase.
• Compare saleable and net internal area.
• Confirm the contractual load ratio.
• Record the view and direction in writing.
• Review finishing and furniture specifications.
• Confirm the delivery date.
• Review the developer’s grace period.
• Calculate the total price under the payment plan.
• Confirm the maintenance deposit and annual fees.
• Review parking, storage and meter costs.
• Verify the permitted activity for investment units.
• Review the management agreement for hotel properties.
• Check assignment and resale charges.
• Use an independent lawyer and engineer.

Is Investing in an MBG Project Suitable?

MBG’s portfolio may suit buyers with different objectives because it includes coastal residences, New Capital apartments, retail properties, offices and specialised medical units.

A stronger unit selection usually combines:

• A location with clear user or tenant demand.
• A practical and commonly requested area.
• A good view or visible retail frontage.
• Services appropriate to the property type.
• A price that compares reasonably with competing projects.
• A contractual handover date that matches the buyer’s plans.
• A payment schedule suitable for available cash flow.
• A property that can attract more than one potential buyer or tenant profile.

No rental return, resale profit or future price increase is guaranteed. Buyers should include finishing, maintenance, management, taxes, marketing fees and possible vacancy periods when calculating a net return.

Steps for Buying a Unit from MBG Developments

1. Define the buying objective: Residence, coastal use, business or healthcare.
2. Select the project: Compare location, property type and handover status.
3. Set the complete budget: Include finishing, maintenance and operating expenses.
4. Request current inventory: Review unit codes, sizes and official prices.
5. Study the master plan: Confirm the building, floor, view and access.
6. Visit the project: Inspect the site and construction progress.
7. Review legal documents: Check land, permits and company information.
8. Compare payment plans: Calculate the total price under each option.
9. Confirm permitted use: Particularly for retail and medical units.
10. Review management terms: For hotel and serviced properties.
11. Use an independent lawyer: Review the sale agreement before signing.
12. Pay through official channels: Obtain a company-issued receipt.
13. Keep all appendices: Retain the plan, specifications and payment schedule.
14. Monitor construction: Follow project progress until handover.
15. Inspect the property: Use an engineer before signing the final handover report.

You can browse available Delta and New Mansoura projects or review the real estate developers directory to compare MBG with other property companies.

Frequently Asked Questions About MBG Developments