SV Developments is an Egyptian joint-stock real estate company founded in 1998 by Dr Abd El-Hamed Ali. The company started with projects in Ras Sedr and Cairo, then expanded its visible portfolio into the New Administrative Capital through A1 Tower, a mixed-use project covering commercial, administrative, medical, and hospitality-related units.
The official SV Development website states that the company initially entered the Egyptian market through Diamond Resort in Ras Sedr on 85 acres by the Red Sea, alongside Maadi Tower Group and residential projects in Nasr City and New Cairo. The company also refers to collaborations with official entities on projects such as the Public Taxes Mission on Alexandria Corniche and projects with the Ministry of Housing, Utilities and Urban Communities in Helwan City.
SV Developments History and Foundation
SV Developments was founded in 1998 as an Egyptian joint-stock company. Its official About page identifies Dr Abd El-Hamed Ali as the founder and links the company’s early positioning to East Egypt, particularly Ras Sedr. This early experience gave the company exposure to coastal resort development, residential buildings, and urban projects in Cairo.
The company’s track record is broader than a single New Capital tower. It includes Diamond Resort Ras Sedr, Maadi Tower Group, residential projects in Nasr City and New Cairo, and later A1 Tower in the New Administrative Capital. This gives SV Developments a profile that combines legacy residential and coastal experience with a newer investment-led mixed-use product.
Key SV Developments Projects
Key projects mentioned by official and market sources include Diamond Resort Ras Sedr, an 85-acre Red Sea project in Ras Sedr; Maadi Tower Group; residential projects in Nasr City and New Cairo; projects in Helwan in collaboration with the Ministry of Housing, Utilities and Urban Communities; and the Public Taxes Mission on Alexandria Corniche.
The company’s most visible current project is A1 Tower New Capital in Downtown New Administrative Capital. According to the official project page, A1 Tower is a mixed-use tower with commercial, medical, administrative, and hotel-apartment uses. It includes 14 floors, parking basements, a roof, pool, and clubhouse, with commercial spaces starting from 16 square meters and administrative and medical spaces starting from 20 square meters.
A1 Tower New Administrative Capital
SV Developments announced the launch of A1 Tower in 2022 at a total investment of about EGP 1.2 billion, according to Zawya Projects. The same report stated that the 14-storey tower would include 350 units for offices, shops, and clinics, and that the project incorporates renewable-energy and energy-saving features. This makes A1 Tower a central reference point for understanding the company’s current investment direction.
The official project page places A1 Tower in Downtown New Administrative Capital, on a 90-meter main street and close to landmarks such as Masjid Misr, the New Museum, the monorail station, the Green River, and Souk El-Dahab. The project’s functional distribution places commercial units from the ground floor to the third floor, medical units on the fourth and fifth floors, and administrative units from the sixth to the fourteenth floor.
Company Facts and Contact Details
Official SV Development data lists 1998 as the founding year, Dr Abd El-Hamed Ali as founder, the main office at 10 Al Sahaba Al Keram in Nasr City, and a sales office at Trivium Square Mall on North 90 Street in New Cairo. The company also lists 19435 as its phone number and info@svdevelopmenteg.com as its email address. No verified public total is available for delivered units, so the delivered-units field is intentionally left blank.
| Founded | 1998 |
| Founder | Dr Abd El-Hamed Ali |
| Main office | Nasr City, Cairo |
| Sales office | Trivium Square Mall, North 90 Street, New Cairo |
| Main current project | A1 Tower New Capital |
| Delivered units | No verified public total available |
Specialties and Services
SV Developments does not present itself only as a sales-driven developer. Its official website lists services related to project management, commercial fit-out management, project monitoring, construction management, and Building Information Modelling. These services matter in commercial and administrative real estate, where delivery, operation, tenant readiness, and quality control can influence the long-term value of each unit.
A1 Tower fits that positioning because it combines commercial, medical, administrative, and hospitality-related uses within one asset. The company’s previous exposure to Ras Sedr, Maadi, Nasr City, New Cairo, Alexandria, and Helwan also gives buyers a wider context for assessing SV Developments beyond the New Administrative Capital alone.
FAQ About SV Developments
When was SV Developments founded?
SV Developments was founded in 1998, according to the official company website.
Who founded SV Developments?
The official website identifies Dr Abd El-Hamed Ali as the founder of SV Developments.
What are the main SV Developments projects?
Key projects include Diamond Resort Ras Sedr, Maadi Tower Group, residential projects in Nasr City and New Cairo, and A1 Tower in the New Administrative Capital.
Where is SV Developments located?
The company lists its main office at 10 Al Sahaba Al Keram, Nasr City, and its sales office at Trivium Square Mall on North 90 Street, New Cairo.
How many units has SV Developments delivered?
No verified public total is available for delivered units. Buyers should review delivery records and contract details for each project separately.