Palm Hills Developments is one of Egypt’s leading developers of integrated residential, commercial, and resort communities. The company has been active since 1997 and owns one of the country’s largest and most diversified land bank portfolios, spanning around 29 million square meters. According to its investor relations data, Palm Hills has 34 residential projects, 30 commercial projects, and 20,000 delivered units.
The company operates across West Cairo, East Cairo, Alexandria, and the North Coast, with newer expansion into the New Administrative Capital and Abu Dhabi. Its best-known projects include Badya, Palm Hills New Cairo, The Crown, Palm Parks, Palm Hills Alexandria, Hacienda West, and New Capital Gardens.
This profile reviews Palm Hills Developments’ history, project portfolio, verified operating indicators, and the latest 2025 and early-2026 expansion updates.
Palm Hills Developments History and Establishment
Palm Hills Developments began its journey in 1997 with a vision to create self-sufficient, well-integrated communities in Egypt. The company is led by Yasseen Mansour, Chairman and Group CEO, whose investor relations profile states that he guided Palm Hills from its first projects in 1997 into a leading real estate player in Egypt.
Over time, Palm Hills expanded from a West Cairo-focused developer into a diversified company with residential, commercial, tourism, and resort projects. As Egypt’s new cities grew, the company built a visible presence in 6th of October, New Cairo, Alexandria, the North Coast, and the New Administrative Capital, while 2025 marked the start of its regional expansion through a major Abu Dhabi project.
- 1997: Palm Hills started developing integrated communities in Egypt.
- 2021: The company announced record annual new sales of EGP 17.3 billion at that time.
- 2023: Palm Hills signed an agreement with Marriott International to develop The Ritz-Carlton Cairo, Palm Hills in West Cairo.
- 2025: The company unveiled Palm Hills Jirian in New Sheikh Zayed, spanning around 361 feddans.
- 2025: Palm Hills announced an agreement to develop a 1.87 million sqm land plot near Saadiyat Island in Abu Dhabi.
Key Palm Hills Developments Projects
Palm Hills’ portfolio is spread across West Cairo, East Cairo, coastal destinations, and Alexandria, combining residential communities with commercial, leisure, and mixed-use components.
West Cairo Projects
- Badya — New October: Palm Hills’ largest venture, spreading over more than 3,000 acres and presented by the company as Egypt’s first sustainable and smart city.
- The Crown — West Cairo: a luxury residential project within Palm Hills’ October portfolio.
- Palm Parks — West Cairo: a community built around open spaces and services for modern family living.
- Palm Hills Jirian — New Sheikh Zayed: a 2025 launch spanning around 361 feddans and positioned around a residential concept connected to a branch of the Nile River.
East Cairo and New Capital Projects
- Palm Hills New Cairo — New Cairo: a 500-feddan fully integrated flagship project on the east side of Cairo.
- New Capital Gardens — New Administrative Capital: a residential project focused on contemporary urban living and landscaped surroundings.
- Village De La Capitale — New Administrative Capital: launched in early 2026 as Palm Hills’ first footprint in the New Administrative Capital.
Coastal and Alexandria Projects
- Hacienda West — North Coast: a coastal project within the company’s well-known Hacienda portfolio.
- Palm Hills Alexandria — Alexandria: an integrated living project with contemporary designs.
- Hacienda Bay and Hacienda White — North Coast: two of the strongest coastal names associated with Palm Hills.
Palm Hills Developments in Numbers
Palm Hills publishes official operating indicators through its investor relations platform. Its FY2025 financial release also showed record financial and operational momentum.
| Founded | 1997 |
| Delivered units | 20,000 units according to investor relations data |
| Land bank | 29 million sqm |
| Developed land | 11.6 million sqm |
| Residential projects | 34 projects |
| Commercial projects | 30 projects |
| Project residents | 70,000 families according to the Arabic investor relations page |
| FY2025 new sales | EGP 215 billion |
| FY2025 revenue | EGP 36.2 billion |
| FY2025 net profit after tax | EGP 4.2 billion |
These figures show the scale of Palm Hills’ activity across residential, commercial, and coastal development, supported by a large land bank that allows the company to launch new phases and projects over a long period.
Vision and Development Focus
Palm Hills focuses on developing integrated, self-sufficient communities rather than standalone residential compounds. This approach appears in the way it combines homes, commercial services, green spaces, clubs, schools, and day-to-day facilities within several of its major communities.
- Residential development: compounds and large-scale communities in East Cairo, West Cairo, Alexandria, and the New Administrative Capital.
- Commercial development: retail, office, and service components inside communities and in standalone destinations.
- Resort and coastal projects: leisure destinations on the North Coast under brands such as Hacienda.
- Integrated cities: Badya represents the company’s larger-scale city planning direction.
The company’s public messaging emphasizes strategic land acquisition, integrated community planning, and long-term value creation for both customers and shareholders.
Latest Updates and New Projects
2025 was a major year for Palm Hills. The company reported EGP 215 billion in new sales for FY2025, up 42% year-on-year, with revenue reaching EGP 36.2 billion and net profit after tax reaching EGP 4.2 billion. Total backlog reached EGP 240 billion as of 31 December 2025.
On the expansion side, Palm Hills announced in May 2025 an agreement to develop a 1.87 million sqm land plot near Saadiyat Island in Abu Dhabi, its first major project outside Egypt. In June 2025, it unveiled Palm Hills Jirian in New Sheikh Zayed over approximately 361 feddans. During 4Q2025, the company also announced the acquisition of 97 feddans adjacent to Palm Hills New Cairo and 315 feddans in the New Administrative Capital.
Frequently Asked Questions About Palm Hills Developments
When was Palm Hills Developments founded?
Palm Hills Developments was founded in 1997 and has grown into one of Egypt’s leading real estate developers.
How many units has Palm Hills delivered?
The company’s investor relations page lists 20,000 delivered units.
What are the main Palm Hills projects?
Key projects include Badya, Palm Hills New Cairo, The Crown, Palm Parks, Palm Hills Alexandria, Hacienda West, and New Capital Gardens.
Where does Palm Hills operate?
Palm Hills operates in West Cairo, East Cairo, Alexandria, the North Coast, and the New Administrative Capital, with a new regional expansion in Abu Dhabi.
Is Palm Hills Developments listed on the stock exchange?
Yes. Palm Hills Developments is traded on the Egyptian Exchange under the ticker PHDC.