Al Assema Construction Company, commonly listed in Egypt’s real estate market as Alassema Real Estate or Al Assema Development, is an Egyptian developer associated with commercial, medical, and administrative projects in New Cairo and the New Administrative Capital. Its most visible projects include The Venue Mall New Cairo, Clock Tower New Capital, and MCC Medical Mall New Capital.
No comprehensive official company page currently confirms a precise founding year or a verified delivered-units total. For that reason, this profile relies on real estate market sources, the company’s social presence, and published project pages. The founded-year and delivered-units fields are intentionally left empty in DeedGate to avoid recording unsupported figures.
About Al Assema Construction and Project Management
The company appears under several names, including Al Assema Construction and Project Management, Alassema Real Estate, Al Assema Development, and Al Assema Group. This naming variation is common in the Egyptian market when a developer uses both Arabic and English brand formats across campaigns and brokerage pages.
Al Assema’s portfolio is more focused on service-led and investment property than on large residential compounds. Its projects are located in areas with daily traffic and investment demand, such as the Banks District in the Fifth Settlement, Downtown New Capital, and the New Administrative Capital’s commercial corridors. Market pages describe its units as commercial, administrative, and medical.
Al Assema Projects
The Venue Mall New Cairo
The Venue Mall New Cairo is one of the clearest projects linked to the company. It is located in the Banks District of the Fifth Settlement, close to North and South 90th Street, and includes commercial, administrative, and medical units. Aqarmap states that Al Assema worked with Magic Cube Engineering Consultancy on the design, with a 1,000-square-meter plaza, glass facades, covered parking, and safety and security systems.
Clock Tower New Capital
Clock Tower New Capital is listed by several market sources as a commercial and administrative project in Downtown New Capital. New Start describes the project as built on 5,150 square meters, with a ground floor and eight upper floors, and payment plans marketed for up to 12 years. RealEstate.eg lists the project under Al-Asema Development and links it to a strategic location close to the Government District and major New Capital landmarks.
MCC Medical Mall New Capital
MCC Medical Mall is a medical project in the New Administrative Capital. Property EG lists it in the MU area at the R2 and R3 intersection, near Bin Zayed Axis, and describes it as a 3,600-square-meter project with 186 medical units across seven floors. This places MCC within the specialized medical-mall category serving clinics and healthcare-related services in new cities.
Experience and Market Position
Aqarmap’s page for The Venue states that the company developed or contributed to more than 25 residential, commercial, and administrative projects across Cairo, including properties in New Narges, Beit Al Watan, and Choueifat villas in the Fifth Settlement. Because this figure comes from a market page rather than a direct official disclosure, it is treated as contextual information and not entered as a verified numeric field.
The company’s apparent strategy is to select sites with visibility and movement: bank areas, restaurant zones, main roads, and government-linked districts. That approach fits medical, commercial, and administrative real estate, where investment value depends not only on unit size, but also on access, tenant demand, and post-handover management quality.
What Buyers Should Check
Before reserving a unit with Al Assema, buyers should verify the land ownership, project license, construction progress, handover schedule, management company, maintenance clauses, and resale or assignment terms. Projects such as The Venue, Clock Tower, and MCC target investors seeking commercial, administrative, or medical returns, so the comparison should be made against nearby projects in the same use category and location.
FAQ About Al Assema Construction Company
What is the English name of شركة العاصمة للتشييد?
The company appears in English as Alassema Real Estate, Al Assema Development, and Al Assema Construction and Project Management, depending on the source.
What are Al Assema’s main projects?
The main projects currently associated with the company are The Venue Mall New Cairo, Clock Tower New Capital, and MCC Medical Mall New Capital.
Is there a verified founding year?
No precise founding year is confirmed by a clear official public source, so the founded-year field is left empty.
Is there a verified delivered-units total?
No verified public total is available for delivered units. Market pages mention prior work and projects, but not a reliable delivered-unit number.