Residence Developments is an Egyptian real estate developer focused on touristic and residential communities. Its professional profile describes the company as established since 1996, with a strong focus on high-end coastal destinations. The company is best known for Aroma AlSokhna, Aroma Hotel, and Elite Residence Tulip & Aqua Park in Ain Sokhna.
The company’s market positioning is tied to coastal real estate rather than conventional urban compounds only. Its projects combine vacation units, hospitality services, facility management, and leisure-driven amenities. This makes Residence Developments relevant for buyers who are considering a second home or tourism-linked investment on the Red Sea coast.
Who Is Residence Developments?
Residence Developments is an Egyptian developer operating in the residential and touristic real estate sectors. Its LinkedIn profile describes it as a prominent Egyptian real estate developer specializing in high-end touristic and residential communities, with five large-scale projects designed around quality, investment value, facility management, and service delivery.
The company’s official website is sometimes protected from direct browsing, but its indexed project pages list Aroma AlSokhna, Aroma Hotel, and Elite Residence Tulip & Aqua Park. Real estate market pages also state that the company has an investment volume of around EGP 750 million and that its first visible project activity started in 2011.
History and Establishment
DeedGate uses 1996 as the founding year for Residence Developments because it appears in the company’s LinkedIn description and is repeated across specialized real estate sources. Some sources mention 2011, but those references are better understood as the launch or market appearance of the first announced project rather than the company’s earliest establishment date.
Over time, Residence Developments built its identity around coastal and hospitality-linked projects. Market sources mention the company’s connection to hotel-style management and Elite Residence Tulip Hotel, which is important because touristic real estate depends not only on unit delivery, but also on ongoing operations, maintenance, and guest experience.
Key Residence Developments Projects
Aroma AlSokhna
Aroma AlSokhna is the company’s flagship project. Indexed data from the official website describes it as located on the Sokhna-Suez Road, around 11 kilometers from the Sokhna gates. Market sources describe the project as an 85-acre coastal destination offering studios, chalets, duplexes, penthouses, townhouses, twin houses, and villas.
Aroma Residence Red Ville
Red Ville is one of the phases of Aroma Residence in Ain Sokhna. Coldwell Banker lists the project as Aroma Residence | Red Ville by Residence Developments and describes it as a resort-style coastal project spanning about 85 acres. The same page shows a payment plan with a 10% down payment and installments up to 10 years, although such commercial terms should always be checked at the time of purchase.
Aroma Hotel
Aroma Hotel is the hospitality component associated with Residence Developments in Ain Sokhna. A hotel component adds operational depth to a coastal portfolio because the long-term value of a resort depends on service quality, facility management, maintenance, and hospitality standards, not just on selling units.
Elite Residence Tulip & Aqua Park
Elite Residence Tulip & Aqua Park is also associated with Residence Developments in market sources. Some sources mention around 175 luxury hotel apartments in this project, but this is a project-level figure and should not be treated as a verified total for all delivered units by the company.
Facts and Figures
The most useful verified data points are the 1996 establishment reference, the company’s focus on touristic and residential communities, and its Cairo locations listed on LinkedIn, including New Cairo and Heliopolis. LinkedIn also lists the company size as 51 to 200 employees and identifies the business type as privately held.
No verified public total is available for delivered units across the full company portfolio. For that reason, DeedGate leaves the delivered-units field blank. Available numbers are project-specific, such as Aroma Residence’s approximately 85-acre area and the hotel-apartment figure mentioned for Elite Residence Tulip, but these do not create a consolidated delivery total.
Specialization and Buyer Considerations
Residence Developments specializes in coastal and touristic projects that require architectural design, leisure amenities, facility management, and hospitality services. This is visible in Aroma AlSokhna, where project pages emphasize greenery, beachfront access, fully finished units, and a range of property types from studios to villas.
The company’s projects suit buyers looking for seasonal use or tourism-driven investment in Ain Sokhna. As with any coastal project, buyers should review the construction status, delivery schedule, maintenance system, facility-management model, and contract terms before making a final decision.
Residence Developments FAQs
When was Residence Developments founded?
Residence Developments is described in professional and real estate sources as established since 1996, while some market pages refer to 2011 as the first announced project activity.
What is Residence Developments’ main project?
The company’s best-known project is Aroma AlSokhna, also marketed as Aroma Residence in Ain Sokhna, a coastal project spanning about 85 acres.
Does Residence Developments publish a verified delivered-units total?
No verified public total is available for delivered units across the company’s full portfolio, so DeedGate leaves that field blank.
Where are Residence Developments’ projects concentrated?
The company’s known projects are concentrated in Ain Sokhna, especially Aroma AlSokhna and phases such as Red Ville and Sea Ville, alongside hospitality and service components.