The company’s first mixed-use development marks a strategic milestone, introducing an integrated destination for commercial, administrative, and medical uses in the heart of South Academy.
CAIRO, Egypt — 2024 — Kandeel Developments has officially announced the launch of KAY90, the company’s first mixed-use development, marking a significant milestone in its expansion into integrated commercial real estate. Located in South Academy, New Cairo, KAY90 reflects the company’s vision of creating developments that combine strategic locations, efficient design, and long-term value for businesses, professionals, and the wider community.
The launch of KAY90 represents the first project to be introduced under the Kandeel Developments brand following the establishment of the company’s dedicated real estate development platform. Building on more than 18 years of experience across residential development, construction, and engineering, the project demonstrates the company’s commitment to delivering developments that respond to the evolving needs of Egypt’s commercial real estate market.
Strategically positioned approximately 300 meters from North 90 Road, KAY90 enjoys direct access to one of New Cairo’s primary business corridors. The project is located in the established South Academy district and benefits from close proximity to prominent destinations including Cairo Festival City and the Modern English School, placing it within one of the city’s most active mixed-use environments.
Designed as a fully integrated business destination, KAY90 accommodates commercial, administrative, and medical units within a carefully planned development that prioritizes accessibility, operational efficiency, and user experience. The project has been designed to support a diverse business community while contributing to the continued growth of New Cairo as a leading commercial and professional destination.
The development occupies a land area of approximately 3,415 square meters, with a total built-up area of approximately 12,000 square meters. Its architectural program includes two basement parking levels, a lower ground floor, an upper ground floor, and three upper floors dedicated to administrative and medical uses. Supporting facilities include underground parking, landscaped public spaces, an open plaza, social gathering areas, and a hypermarket designed to enhance the overall visitor experience.
A defining characteristic of KAY90 is its planning approach, which ensures that all units benefit from open views, while the project’s circulation, accessibility, and public spaces have been designed to encourage a seamless experience for visitors, businesses, and healthcare providers alike.
KAY90 has been designed by Yasser El Beltagy Architects (YBA), one of Egypt’s leading architectural firms, whose design philosophy focuses on maximizing functionality, efficiency, and architectural identity. Project supervision is being carried out by DMA, supporting Kandeel Developments’ commitment to disciplined execution, engineering quality, and compliance with the project’s technical standards throughout construction.
Commenting on the launch, Ziyad Kandeel, Chief Executive Officer of Kandeel Developments, said:
“KAY90 represents the beginning of a new chapter for Kandeel Developments. It reflects our vision of creating projects that combine strategic locations, thoughtful planning, and quality execution while supporting the evolving needs of businesses and communities. Through KAY90, we are laying the foundation for a development portfolio built on innovation, functionality, and long-term value.”
The launch of KAY90 forms part of Kandeel Developments’ broader strategy to expand its portfolio of integrated developments across Egypt. Supported by more than eighteen years of experience and a fully integrated business ecosystem that includes development, construction, and interior fit-out capabilities, the company continues to build projects that emphasize quality, collaboration, and sustainable growth.
As Kandeel Developments advances the delivery of KAY90, the company remains focused on creating developments that contribute to New Cairo’s urban landscape while reinforcing its long-term commitment to responsible development, engineering excellence, and enduring value creation.