Maqam For Urban Development is an Egyptian developer founded in 2021 by Sherif Salem, according to the company’s official About page. The company builds on its founder’s financial and development experience and positions itself around sustainability, quality and lasting value.
Projects
Optima Business Complex New Capital
Optima Business Complex is Maqam’s flagship project in the New Administrative Capital. Daily News Egypt reported its 2023 launch with a target of around EGP 500 million in sales, offering commercial, administrative and medical uses in Downtown.
Company Direction
The company states that it has a strong financial base and the ability to self-finance major projects, with an emphasis on business destinations serving investors, clients and surrounding communities.
Buyer Checks
Review unit activity, permits, construction phases, delivery timing, operations and maintenance management, and any yield or leasing promises before signing.
FAQ
When was Maqam founded?
The official About page states that Maqam was founded in 2021.
What is its main project?
Optima Business Complex in the New Administrative Capital.