Dar Al Alamia Developments Company was founded half a century ago as a company specializing in the production of luxury furniture. Ten years ago, the company expanded and entered the contracting sector. Finally, the company shifted its focus towards the real estate sector, adding diversity to its activities and becoming one of the largest real estate companies in Egypt. Engineer Ahmed Saleh serves as the CEO of the company.
Dar Al Alamia Developments Company aims to build distinctive real estate projects that meet the needs of individuals looking for luxurious and upscale housing and fulfill the aspirations of investors seeking good and guaranteed returns on their investments. The company achieves this by carefully selecting the locations of its projects, ensuring quality, and adhering to deadlines in the execution of global designs for the real estate units it offers.
The company has invested approximately 5 billion Egyptian pounds in the Egyptian real estate market, making it a major player in this sector and contributing to its development and growth.
Projects by Dar Al Alamia Developments
Acasa Fifth Settlement Compound
Acasa Fifth Settlement Compound by Dar Al Alamia Developments, which is one of Dar Al Alamia Developments Company’s flagship projects, is a significant project. This compound stands out due to its prime location in the heart of the Fifth Settlement, near the American University. It has been carefully designed to blend simplicity and elegance and covers an area of 5.5 acres. The project includes a collection of residential buildings, each comprising a basement, ground floor, and three additional floors, with two apartments on each floor.
Dar Al Alamia Developments has distinguished itself by providing a variety of spaces in Acasa project, with areas ranging from 110 square meters to 255 square meters. The company offers competitive selling prices starting from 1,925,000 Egyptian pounds, with the possibility of a 10% down payment and a payment period of up to 7 years. The delivery date for Acasa project apartments has been set for the year 2024.
Other projects by Dar Al Alamia Developments include:
- Cairo Business Plaza in New Cairo.
- The main branch of Banque Misr in the New Administrative Capital.
- Al-Galala City in Ain Sokhna.
- Al-Galala University and the Ministry of Defense in the New Administrative Capital.