AlKarma Real Estate Development Company is an Egyptian developer established in 1996 with the launch of AlKarma 1 in Sheikh Zayed. Its headquarters is located at the AlKarma 4 Commercial Complex, and its history is centred on residential communities in West Cairo before its current expansion into New Zayed and Sphinx City.
The company is the real estate arm of AlKarma Group and manages the development cycle from design through construction and finishing. Its current portfolio includes LaManga, Vaha, Kay, Novella, and AlKarma Gates, while earlier developments include AlKarma 1, AlKarma 2, AlKarma Heights, AlKarma Residence, and AlKarma 4. No verified public total is available for delivered units, and planned unit numbers in current developments are not treated as completed handovers.
AlKarma’s Establishment and History
AlKarma Developments began in 1996 with AlKarma 1, a 45.6-feddan project in Sheikh Zayed. The community introduced standalone and semi-detached villas during an early stage in the growth of gated residential development in West Cairo.
The developer subsequently expanded through a sequence of communities: AlKarma 2 in 2004 across 167,000 square metres; AlKarma Heights in 2005 across 35.7 feddans; AlKarma Residence in 2007 across 168,000 square metres; and AlKarma 4 in 2008 across 65 feddans with 219 standalone and semi-detached villas.
- 1996: AlKarma 1 was launched and the company began operating.
- 2004-2008: Four additional communities were developed in Sheikh Zayed and 6th of October.
- 2020: AlKarma Gates was launched with announced investment of EGP 1.8 billion.
- Current portfolio: expansion into New Zayed through Vaha and into Sphinx City through LaManga.
Major AlKarma Developments Projects
Current Developments
- LaManga — Sphinx City: a 125-feddan community with 851 planned townhouses, twin houses, and standalone villas, a 14% building footprint, and 84,000 square metres of landscape.
- Vaha — New Zayed: a 55-feddan project containing 253 boutique residences with two to five bedrooms, a 14.5% built-up ratio, three landscaped zones, and a private beach.
- Kay — Sheikh Zayed: an 18-feddan apartment development with 650 residences, where 82% of the plan is allocated to landscape and water features.
- Novella — West Cairo: a 20-feddan community of 62 single-storey standalone villas, with 85% of the land assigned to landscape.
- AlKarma Gates — New Zayed entrance: a villa, townhouse, and twin-house community across approximately 30 feddans, with more than 180 units and a 13.5% built-up ratio.
Earlier Communities
The earlier portfolio includes AlKarma 1, AlKarma 2, AlKarma Heights, AlKarma Residence, and AlKarma 4, together with supporting facilities such as Mazar Mall and AlKarma Club.
AlKarma Developments in Numbers
| Founded | 1996 |
| Operating history by 2026 | 30 years |
| Current projects presented officially | 5 developments |
| LaManga | 125 feddans / 851 planned homes |
| Vaha | 55 feddans / 253 planned residences |
| Kay | 18 feddans / 650 planned residences |
| Novella | 20 feddans / 62 planned villas |
| AlKarma Gates | More than 180 planned homes |
| Total delivered units | No verified public total is available |
Current unit counts describe disclosed masterplans and do not establish completed handovers. The company’s community page shows AlKarma Gates handover events but does not publish an aggregate number of units received by customers.
AlKarma’s Management
Ahmed Abou Hussein founded AlKarma and serves as its chief executive officer according to the current official website. The family management team also includes Wael Abou Hussein as chief construction officer, Hesham Abou Hussein as chief development officer, and Mohamed Abou Hussein as chief financial officer.
The company uses internal management across design, construction, and finishing rather than outsourcing the entire development cycle. This model is reflected in the continuity of the AlKarma series since 1996 and in its transition from traditional villa communities to apartments at Kay, low-density villas at Novella, and larger master-planned communities at Vaha and LaManga.
The head office is at AlKarma 4 Commercial Complex in Sheikh Zayed. The Kay Sales Centre is at the intersection of Al Nozha Street and Al Horreya Street in Sheikh Zayed, and the published hotline is 15688.
Vision and Development Specialisms
AlKarma’s strategy focuses on lower-density communities in West Cairo with a strong allocation to landscape and internal planning. The company presents itself as responsible for the full development spectrum, from concept and design to construction and finishing.
- Villa development: standalone villas, twin houses, and townhouses at LaManga, Novella, and AlKarma Gates.
- Apartment development: boutique apartments at Kay and varied residential products at Vaha.
- Low-density planning: building footprints in recent developments ranging from 13.5% to 18%.
- Community amenities: clubhouses, sports space, retail, water features, and landscaped areas.
Project comparisons should distinguish total land area, building footprint, unit count, and actual construction progress. Each indicator describes a different aspect and does not independently confirm a handover date.
Development of AlKarma’s Current Portfolio
The official portfolio in 2026 shows AlKarma moving into larger destinations across West Cairo. Vaha is positioned in New Zayed with direct access to Dabaa Road and Al Farag Axis, while LaManga is located on the Cairo-Alexandria Desert Road in Sphinx City and is the largest current project by disclosed land area and planned home count.
Kay, Novella, and AlKarma Gates provide three different models within Sheikh Zayed and its surroundings: apartments facing ZED Park, single-storey standalone villas, and a varied villa and townhouse community. The current website does not publish one unified handover schedule for the full portfolio, so updated construction percentages and delivery dates should be requested directly from the developer.
Frequently Asked Questions About AlKarma Developments
When was AlKarma Developments established?
AlKarma was established in 1996 with the launch of AlKarma 1 in Sheikh Zayed.
Who founded AlKarma Developments?
Ahmed Abou Hussein is the founder and chief executive officer according to the company’s current management information.
What are AlKarma’s main projects?
Current developments include LaManga, Vaha, Kay, Novella, and AlKarma Gates, in addition to the earlier AlKarma communities.
How many units has AlKarma delivered?
No verified company-wide total is publicly available, despite completed earlier projects and documented handover activity in parts of the portfolio.
Where is AlKarma headquartered?
The headquarters is at AlKarma 4 Commercial Complex in Sheikh Zayed. The published short number is 15688.