ELM Developments, also searched in Arabic as شركة إيلم للتطوير العقاري, is a young Egyptian real estate developer founded in 2024. The company focuses on residential, commercial, and mixed-use destinations, with a clear early presence in West Cairo, especially 6th of October City and Sheikh Zayed.
ELM publicly launched in Egypt in June 2025 and announced its readiness to introduce its first project in 6th of October City. Its current portfolio includes ELM Tree, a mixed-use residential destination, and ELM Tree Commercial Park, a commercial, administrative, and medical project connected to the same ecosystem. The company lists its contact address at Polygon 10, Beverly Hills, Sheikh Zayed.
ELM Developments Founding And Background
The official “Our Story” page states that ELM Developments was founded in 2024 as an Egyptian real estate developer specializing in residential, commercial, and mixed-use destinations. The company describes itself as a partnership that combines established market experience with younger entrepreneurial energy, aiming to create full-service communities that redefine modern living.
On June 1, 2025, Invest-Gate reported ELM’s official launch in the Egyptian market and stated that the company was preparing to roll out its first project in 6th of October City. Arabic coverage by Builders of Egypt gives the same direction, describing ELM as a developer focused on sustainable communities, quality of life, and social connection.
Board And Leadership
The official website lists Dr. Yasser Abdel Maksoud as Chairman of ELM Developments. It also lists H.E. Dr. Assem El-Gazzar, former Minister of Housing, Utilities, and Urban Communities from March 2019 to July 2024, as Non-Executive Chairman. Press coverage names Eng. Mahmoud Abdeen as CEO, with construction and development experience linked to Concrete Engineering and Contracting.
The company’s official board section also includes names such as Ahmed Osama ElGaby and Eng. Shehab El Mahdy. This mix brings together urban planning, contracting, brokerage, design, and business backgrounds, which is important for a new developer that is still building its delivery track record.
ELM Developments Projects
ELM currently presents two main developments on its official website: ELM Tree under the residential category, and ELM Tree Commercial Park under the commercial category. No coastal projects are currently listed on the official site, so this profile focuses on ELM’s published West Cairo developments.
ELM Tree
ELM Tree is a mixed-use residential destination in 6th of October City. The official project page states that it spans a total of 58 feddans, including 36 feddans dedicated to low-density residential apartments and duplexes with varied designs and layouts. It is located directly on the Boulevard Axis in the northern expansion of 6th of October City, close to Waslet Dahshour, the Cairo-Alexandria Desert Road, Mall of Arabia, and Mall of Egypt.
ELM Tree Commercial Park
ELM Tree Commercial Park is the commercial, administrative, and medical component of ELM’s portfolio. The official project page lists its property types as serviced offices, clinics, and administrative spaces. It is designed to support the residential community and serve companies, professionals, visitors, and residents within the wider West Cairo destination.
Verified Facts And Company Data
| Company name | ELM Developments |
| Arabic name | شركة إيلم للتطوير العقاري |
| Founded | 2024 |
| Chairman | Dr. Yasser Abdel Maksoud |
| Non-Executive Chairman | Dr. Assem El-Gazzar |
| CEO | Eng. Mahmoud Abdeen, according to press coverage |
| Main areas | 6th of October, Sheikh Zayed, West Cairo |
| Verified delivered units | Not publicly verified |
Although ELM Tree has a clearly published total land area and landscape concept, no verified public total is available for delivered units. For that reason, DeedGate saves only the founding year as a structured field and leaves the delivered-units field blank.
Vision And Development Focus
ELM’s vision is built around communities that connect people, nature, and modern life. This appears in ELM Tree’s design language, which emphasizes green open landscapes, low-density residential buildings, walking and cycling paths, and amenities positioned to preserve privacy and calm inside the residential zone.
- Residential development: apartments and duplexes within ELM Tree.
- Mixed-use destinations: integrating housing with commercial and service areas.
- West Cairo focus: a clear geographic concentration on 6th of October and Sheikh Zayed.
Recent Market Updates
In 2025, ELM officially launched operations in Egypt and announced its first development in 6th of October City. The ELM Tree project page also names Architecturestudio and ACE Consulting Engineers among the main design and contracting consultants, adding professional depth to the company’s first published project.
For buyers, ELM remains a relatively new developer, so each project should be evaluated through its land location, master plan, consultants, licenses, execution plan, and payment terms. A strong leadership profile is valuable, but it does not replace project-level due diligence.
How To Evaluate ELM Projects Before Buying
When reviewing ELM Tree, buyers should study the project’s location in the northern expansion of 6th of October City, access to main roads, open landscape ratio, unit types, and services. It is also important to ask about delivery dates, construction phases, and post-handover management and maintenance responsibilities.
For ELM Tree Commercial Park, investors should focus on permitted activity, unit visibility, expected visitor flow, building management, and operating specifications. These factors will usually have a stronger impact on investment value than the nominal unit price alone.
FAQs About ELM Developments
When was ELM Developments founded?
ELM Developments was founded in 2024, according to the official website and press coverage.
What are ELM’s main projects?
The published projects are ELM Tree and ELM Tree Commercial Park in 6th of October City.
Who is the chairman of ELM Developments?
The official website lists Dr. Yasser Abdel Maksoud as Chairman.
Where is ELM Tree located?
ELM Tree is located on the Boulevard Axis in the northern expansion of 6th of October City, near Waslet Dahshour, Mall of Arabia, and Mall of Egypt.
Does DeedGate list delivered units for ELM?
No verified public total is available for delivered units, so the delivered-units field is left blank.