SKY AD. Developments, known in Arabic as Sky Abu Dhabi Developments, is a real estate developer operating within the UAE-based Diamond Group. The company entered Egypt in 2021 through its first project in the New Administrative Capital, before broadening its portfolio across residential, commercial and coastal developments in the capital, New Cairo and the North Coast.
The company’s official Egyptian project portfolio features Residence Eight and Capital Avenue in the New Administrative Capital, Bluetree and One Residence in New Cairo, and the coastal SKY NORTH development in Ras El Hekma. In December 2025, the company also announced the acquisition of a 75-feddan Sixth Settlement plot for a mixed-use project planned for launch in 2026.
About SKY AD. Developments
SKY AD. Developments describes itself as drawing on more than 20 years of international experience through Diamond Group. Its official company profile publishes a worldwide portfolio valued at more than US$1 billion, more than 1,500 residential units delivered, seven commercial projects, and developed spaces serving corporate, educational, healthcare and leisure uses.
Within Egypt, SKY AD. has moved from residential communities in new urban destinations to commercial, mixed-use and coastal projects. This growth strategy gives the developer a presence across permanent residential demand, commercial investment and modern second-home destinations, while it continues to add new land and projects to its pipeline.
SKY AD.’s Journey in Egypt
- 2021: The developer began its Egypt activity with its first project in the New Administrative Capital, Residence Eight.
- New Administrative Capital: The officially featured portfolio includes Residence Eight and Capital Avenue.
- New Cairo: The company expanded through Bluetree and One Residence and subsequently announced new Sixth Settlement land.
- July 2025: SKY AD. announced SKY NORTH as a new coastal project in Ras El Hekma on the North Coast.
- December 2025: The company announced a 75-feddan Sixth Settlement acquisition for a mixed-use project planned for launch in 2026.
The available official website does not clearly state a separate incorporation year for SKY AD. Developments. Accordingly, 2021 is used in this profile as the start of the company’s Egypt operations, rather than as its legal founding year.
Key SKY AD. Developments Projects
Residence Eight, New Administrative Capital
Residence Eight represents the developer’s stated starting point in the Egyptian market and is located in the New Administrative Capital. The project introduces the residential side of SKY AD.’s Egypt portfolio in one of the country’s major expanding new urban centres.
Capital Avenue, New Administrative Capital
Capital Avenue is one of SKY AD.’s commercial projects in the New Administrative Capital. In September 2025, the company announced the handover and operation of the project’s first building as a commercial facility, marking an operational milestone for the development.
Bluetree, New Cairo
Bluetree is a 50-feddan New Cairo development according to SKY AD.’s official project information. It comprises residential homes and community facilities, while a January 2026 official update reported construction progress at the project.
One Residence, New Cairo
The developer lists One Residence among its New Cairo projects. Together with Bluetree, it enhances SKY AD.’s footprint in East Cairo, serving residential and investment interest in an area connected to established services and developing communities.
SKY NORTH, Ras El Hekma
SKY AD. launched SKY NORTH in July 2025 at kilometre 246 in Ras El Hekma on Egypt’s North Coast, according to its official announcement. Spanning 430 feddans, the project is planned with more than 5,500 residential units and a 550-metre beachfront, making it a major coastal expansion in the company’s Egyptian portfolio.
Upcoming Sixth Settlement Project
In December 2025, the developer announced the acquisition of 75 feddans in New Cairo’s Sixth Settlement for a residential and commercial mixed-use project scheduled for launch in 2026. The published official announcement did not state a final commercial name for this project.
SKY AD. Developments in Numbers
| Official name | SKY AD. Developments |
| Parent group | Diamond Group – United Arab Emirates |
| Egypt activity began | 2021 |
| Residential units delivered | More than 1,500 units across the company’s published general portfolio |
| Commercial projects published | 7 projects on the official company profile |
| Worldwide portfolio value published | More than US$1 billion |
| Bluetree area | 50 feddans |
| SKY NORTH area | 430 feddans |
| New Sixth Settlement land | 75 feddans |
| Company founding year | Not clearly published in the available official material |
The delivered-unit count is the figure presented by the company for its general corporate record. The available official material does not provide a separate number for homes handed over in Egypt alone.
Development Vision and Specializations
SKY AD. Developments’ portfolio combines residential communities, commercial projects and coastal destinations. Residence Eight, Bluetree and One Residence represent its urban residential direction; Capital Avenue adds a commercial product; and SKY NORTH gives the developer a substantial coastal destination on the North Coast.
The Sixth Settlement acquisition also signals continuing investment in East Cairo through mixed-use development. This variety allows prospective clients to compare living and investment opportunities across the New Administrative Capital, New Cairo and the North Coast by location, property type and development stage.
Latest SKY AD. Developments Updates
Official company news shows active growth during 2025 and early 2026: the July 2025 launch of SKY NORTH in Ras El Hekma, the September announcement concerning Capital Avenue’s first operational building, and the December acquisition of Sixth Settlement land. In January 2026, SKY AD. also published an update on Bluetree construction progress.
Buyers and investors considering SKY AD. Developments can review project pages and official announcements for currently available products, payment arrangements and progress at the time of making a decision, as the projects are at different stages of development.
Frequently Asked Questions About SKY AD. Developments
What is the official name of Sky Abu Dhabi Developments?
The company uses the official name SKY AD. Developments on its website and operates within the UAE-based Diamond Group.
When did SKY AD. Developments begin operating in Egypt?
The company states that it began its Egypt activity in 2021 through its first project in the New Administrative Capital.
What are SKY AD.’s main Egyptian projects?
The official portfolio features Residence Eight, Capital Avenue, Bluetree, One Residence and SKY NORTH, in addition to an upcoming mixed-use development on newly acquired Sixth Settlement land.
Where is SKY NORTH located?
According to SKY AD.’s official announcement, SKY NORTH is located in Ras El Hekma at kilometre 246 on the North Coast and spans 430 feddans.
How many residential units has SKY AD. delivered?
The company reports more than 1,500 residential units delivered across its general portfolio. Its official profile does not isolate an Egypt-only handover number.
The available official material does not clearly publish a separate company founding year. Its confirmed Egyptian activity began in 2021.