Delta Capital for Urban Development (DCUD) is targeting total sales of EGP 100bn from its ISLA mixed-use development and the CAPO commercial and administrative project in New Mansoura City, while aiming to complete the new Al Ahly Club branch within three years, CEO Ahmed Nesr said. Speaking on the sidelines of the foundation stone-laying ceremony for Al Ahly Club’s New Mansoura branch, Nesr outlined the strategic partnership between Delta Capital, Nations of Sky, and Al Ahly Club to develop and operate the club’s newest branch. The club will be built on a 40-feddan site, with Delta Capital serving as the executive developer and Nations of Sky as the landowner. Designed by engineering consultancy YBA, led by Yasser El Beltagy, the project is expected to be completed within three years at an estimated investment cost of EGP 1.5bn. Nesr described the development as the first Al Ahly Club branch outside Greater Cairo, saying it is expected to become a major attraction and a key driver of value for the surrounding urban development. He said ISLA is one of the largest integrated mixed-use developments in New Mansoura City, spanning 300 feddan and incorporating the CAPO commercial and administrative project. Delta Capital aims to generate EGP 100bn in total sales from the two developments and complete construction within five years. The company is currently awarding contracts for the first two phases of ISLA, representing investments of EGP 9bn, to two of Egypt’s leading contractors. The names of the companies will be announced soon, he added. According to Nesr, ISLA occupies a strategic location overlooking the Mediterranean Sea while fronting the International Coastal Road, positioning it as one of the main gateways to New Mansoura for the Delta region. The master-planned development will feature residential, commercial, administrative, hospitality, and entertainment components, alongside landscaped green spaces and integrated services. The Al Ahly Club branch is expected to serve as one of the project’s main anchors, enhancing its long-term appeal and investment value. Although located on the Mediterranean coast, ISLA has been designed as a year-round primary residential community rather than a seasonal destination, offering integrated living supported by a full range of services and amenities, Nesr said. On the company’s growth strategy, Nesr said Delta Capital is targeting around EGP 20bn in contracted sales during 2026, with sales expected to accelerate following the launch of two new developments in the Delta region and West Cairo in 2027. He added that the company owns a diversified land bank across the Delta, as well as in 6th of October City and Sheikh Zayed City, noting that licensing procedures are nearing completion for a new mixed-use residential investment project in Sheikh Zayed. Founded in 2015, Delta Capital has developed three major projects along Egypt’s northern Delta coast, covering a combined area of 120 feddan. Two of the developments, comprising around 4,000 units, are already operational, while the third is currently being delivered. The company is also partnering with Nations of Sky to develop the ISLA project in New Mansoura, whose first phase generated EGP 15bn in sales during 2025. The post Delta Capital targets EGP 100bn sales from ISLA, CAPO projects in New Mansoura first appeared on Dailynewsegypt.
