Palm Hills Developments, one of Egypt’s largest real estate development companies, is preparing to launch its first projects in the New Administrative Capital, marking one of the company’s most significant investment expansions in recent years.
Palm Hills Makes a Massive Investment in the New Administrative Capital Worth EGP 160 Billion
Palm Hills Expands Its Investment Portfolio by Acquiring Two New Plots of Land with Total Expected Sales of EGP 189 Million
The project, located on an area of 315 acres in the Fourth Residential District of the capital, is planned to be a fully-serviced residential compound offering a luxurious living experience of the highest standard.
The company expects total sales for the project to reach approximately EGP 160 billion, making it one of the largest integrated residential projects in the region.
This move comes as part of a strategic partnership between Palm Hills and a government entity, under a revenue-sharing agreement from the project, which is one of the largest real estate development agreements in the Egyptian market.
The project is expected to be officially announced early next year, marking the beginning of a new phase in the company’s history in the New Administrative Capital.
Palm Hills Developments owns a land portfolio exceeding 35 million square meters, and its projects are spread across East and West Cairo, the North Coast, Ain Sokhna, and Alexandria, with a focus on the upper-middle and luxury segments.
Behind this giant entity is businessman Yassin Mansour, whose family owns more than 46% of the company’s shares, along with the Arab African International Bank (AAIB) with a 12.5% stake. The remaining shares are distributed among individual investors on the stock exchange.
Palm Hills Developments witnessed strong financial performance during the first half of 2025, recording a net profit of EGP 2.58 billion, compared to EGP 1.78 billion during the same period in 2024. This significant growth reflects the strength of its expansion strategy and stable sales.
Net operating revenues also increased during the first six months of this year to approximately EGP 15.57 billion, compared to EGP 10.93 billion during the same period last year. This confirms the company’s success in strengthening its project portfolio and achieving outstanding operational performance in the Egyptian real estate market.
Also know: Shops for sale in the Administrative Capital
The New Administrative Capital boasts a number of prominent landmarks that make it one of the most advanced cities in Egypt and the Middle East. Designed to be an integrated administrative, economic, and tourism center, it is one of the most important landmarks. Among these landmarks are:
The Iconic Tower: The tallest tower in Africa, at over 385 meters, it serves as a symbol of the capital and a global business hub.
The Green River: The longest green park in the Middle East, spanning over 10 km2, giving the city a unique environmental character.
The Government District: Home to the Prime Minister’s Office, ministries, and the House of Representatives, making it the administrative heart of Egypt.
The City of Culture and Arts: A global cultural center featuring the new opera house, museums, and world-class theaters.
The Cathedral and Al-Fattah Al-Alim Mosque: Among the largest places of worship in the Middle East, they reflect the spirit of coexistence and religious diversity in Egypt.
The Financial and Business District: Home to the headquarters of major local and international companies, it serves as the city’s economic hub.
The Administrative Capital combines modernity, advanced infrastructure, and a futuristic vision, making it the premier destination for living, working, and investing in Egypt.
To book or inquire about the Palm Hills project, please call the following numbers:
Directly contact the sales department: 01283809999
Or call the hotline: 19839
Palm Hills Projects and Achievements in the Real Estate Market
Palm Hills Developments is one of the largest and most important real estate development companies in Egypt. It has succeeded in leaving a strong mark in the market thanks to its distinguished projects that combine luxury, modernity, and smart design. The company has a proven track record of success spanning more than two decades, and all of its projects feature a variety of residential, commercial, and coastal developments.
Palm Hills October and Palm Hills New Cairo: Two of the most famous upscale residential compounds that combine tranquility and luxury.
Hacienda Bay and Hacienda White on the North Coast: Two of the most luxurious resorts that have become elite summer destinations.
Badya 6 October: An integrated city considered one of the company’s largest projects, designed according to smart and sustainable city standards.
The company has achieved significant financial success in recent years, with net profits increasing significantly thanks to its balanced strategy of geographic expansion and innovative design. Today, Palm Hills continues to strengthen its leading position by launching new projects, such as its first project in the New Administrative Capital, reflecting its vision of supporting sustainable urban growth in Egypt.
Palm Hills Developments seeks to consolidate its position as a symbol of quality and innovation in the Egyptian real estate market by adopting an ambitious vision based on thoughtful expansion and implementing projects that integrate housing, work, and entertainment. With each project, the company has strived to provide an integrated living experience that meets the needs of customers of all segments, from modern architectural designs to advanced services within the compounds.
With its entry into the New Administrative Capital, Palm Hills is opening a new chapter in its history. The capital represents the center of Egypt’s economic and urban future. This makes the new project a strategic step that enhances the company’s market value and confirms its leadership in building sustainable urban communities in line with the country’s Vision 2030.
To book or inquire about the Palm Hills project, please call the following numbers:
Directly contact the sales department at 01283809999
Or call the hotline 19839
