An archaeological mission, affiliated with France's University of Strasbourg, made the discovery in the Assasseef valley near the city of Luxor.
Two sarcophagi, each containing a mummy, were found. All are in perfect condition.
The archaeological dig also discovered around 1,000 funerary statues at the site.
The tomb is believed to date to the 18th Dynasty, which spanned from 1550 BC to about 1300 BC.
The Secretary-General of the Supreme Council of Antiquities, Mostafa Waziri, said at a press conference on Saturday that the team made the find after working at the site since March.
More about: Egypt