Dolmen Developments is one of the leading real estate development companies in Egypt, committed to providing its clients with the best that positively impacts society. The company offers investment opportunities that align with clients’ aspirations and support them in achieving their goals. With this in mind, Dolmen has expanded its investment options to the New Administrative Capital, aiming to elevate the available investment choices and maximize value for investors.
In its continuous pursuit of excellence, Dolmen Developments focuses on pushing boundaries by adopting new and innovative ideas, while executing projects with high standards of taste and luxury. This is done to meet the needs of diverse client segments and ensure an experience that exceeds their expectations. Dolmen strives to be the first choice for clients and continues its journey towards becoming one of the top real estate companies in Egypt.
Dolmen Developments is a well-known company in the real estate development sector, relying on its approach of providing robust investment opportunities that help clients achieve their goals. The company also prioritizes improving quality of life through sophisticated and diverse real estate projects that cater to the needs of various client segments, enhancing the true value of the projects and making them more suitable for their aspirations.
Dolmen Real Estate Development has entered the New Administrative Capital with the aim of expanding its investment opportunities and strengthening its presence in the Egyptian real estate market. The company is working to compete with other real estate firms by implementing more innovative concepts and developing projects that reflect the highest levels of luxury and attention to detail. Ultimately, Dolmen’s ambition is to become the preferred destination for clients and to remain among the top real estate companies in Egypt.
About Dolmen Developments
Dolmen Developments is a major player in the real estate market, continuously striving to offer a wide range of investment options to suit every investor’s needs and preferences.
Dolmen Developments began operating in the real estate development sector in 2015. Over the years, it has built a professional track record spanning numerous and diverse projects, reflecting its extensive experience and technical and managerial capabilities. This success stems from working within a system that includes specialized technical staff and expert consultants, whose expertise has contributed to the execution of the company’s major projects.
Dolmen’s achievements are reflected in its investment projects, which have yielded positive results and established a strong reputation in the market. This has solidified its presence and reinforced its desire to continue developing and enhancing its competitive edge. The company is also working to strengthen its position within the real estate sector with the aim of achieving even greater leadership.
Dolmen Developments To keep pace with changes and meet market demands, Dolmen places great importance on providing practical and modern development solutions and ideas that consider the needs of current generations while also aligning with the diverse preferences of its clients. This has helped it solidify its position among the leading investment entities in Egypt.
History of Dolmen Developments
Dolmen Developments began its journey in the real estate marketing sector in 2015, during which time it acquired exclusive marketing rights for several major projects. With its growing experience and expanding opportunities, the company decided to further develop its strategy by establishing Dolmen Real Estate Development in 2019.
The Dolmen Developments was founded with a paid-up capital of EGP 20 million and is co-owned by three prominent business figures. During the preparatory phase, a range of available investment opportunities were studied, and the final decision was made to launch operations in the New Administrative Capital.
Engineer Abdel-Azim Khalil is the founder of Dolmen Developments, and his extensive experience in the real estate sector has played a pivotal role in propelling the company forward. Thanks to this professional background, he has been able to strengthen Dolmen’s position in the market and establish it as one of the most prestigious real estate companies.
The Dolmen Developments has gradually established itself among the leading and modern companies in the Egyptian real estate market, emerging as a name with a growing presence. Dolmen was launched as a joint-stock company with a large number of shareholders. It established a clear vision: to deliver contemporary real estate projects that combine exceptional execution quality with aesthetically pleasing design, focusing on prime investment locations.
The company has made a tangible impact on the market through a portfolio of projects that have garnered significant attention, particularly within the New Administrative Capital. Among the most prominent is Midway Plaza Mall. The Pier Mall is also a key project within Dolmen’s development plan, offering substantial investment value and a unique shopping experience.
Additionally, Avenue Al Maqsad Mall is another project that has seen considerable customer demand, successfully completed within a year.
Furthermore, the company has strengthened its development opportunities by securing direct agreements with the New Urban Communities Authority to acquire three plots of land within the New Administrative Capital. This ensures the delivery of integrated projects that are comprehensive in terms of design, quality, and accompanying services.
Dolmen Developments Goals and Vision
Dolmen Real Estate Development Company has established a set of clear goals and visions that guide its development projects and propel them to a prominent position in the market. These objectives can be summarized as follows:
- Offering diverse real estate projects that cater to the varied needs of clients and keep pace with their diverse desires and aspirations.
- Adopting sustainability standards by relying on environmentally friendly materials and employing modern construction solutions that enhance project efficiency and align with contemporary development trends
- Contributing to community support by providing job opportunities during project implementation phases, in addition to offering strong investment opportunities that provide clients with genuine value that should not be missed.
- Continuously developing and improving to ensure the company keeps pace with the transformations and new trends in the real estate market, thus guaranteeing its continued competitiveness.
- Utilizing the best building materials and leveraging the latest available methods and technologies in project implementation and development, making it a suitable choice for anyone seeking housing or investment with clear returns and advantages.
- Aspiring to leadership in the field of urban development within Egypt and the Arab region by delivering projects that reflect high quality and attention to detail.
Why did Dolmen Developments start in the New Administrative Capital?
The New Administrative Capital holds a prominent position nationally, and with the relocation of employees expected in the second half of the year, market demand is increasing significantly. This demand isn’t limited to residential units; it extends to commercial and administrative activities, which is why we chose to begin our operations, as these sectors are the most dynamic given the current demand.
Furthermore, the land owned by Dolmen Developments is located in the heart of the third residential district of the capital, a district comprising approximately 25,000 completed residential units built by the Ministry of Housing. Consequently, these areas will be among the most in need of immediate services through commercial and administrative projects that serve the residents and surrounding businesses.
Dolmen Developments currently has three administrative and commercial projects underway, with investments to date reaching EGP 150 million, representing down payments for the three plots. The first project, “Pier Mall,” was launched last September, covering an area of 3,000 square meters. The project includes several levels; The ground, first, and second floors will be dedicated to commercial activities, while the third floor will include administrative space, in addition to another retail floor. Contracts have also been signed with several brands, including Awlad Ragab, Passionel, Bin Al-Yamani, and Bin Abdel-Maaboud.
Over the past four months, we have achieved approximately 50% of our sales target, and our current plan focuses on completing the marketing of the entire project within six months, aiming for a total value of EGP 300 million.
Why Invest with Dolmen Developments?
Dolmen Developments boasts a number of strengths that make it an ideal choice for those seeking a well-considered real estate investment. Among its most prominent advantages is the company’s focus on delivering high quality at a reasonable cost, ensuring its success as a genuine and effective investment opportunity. To achieve this, the company operates according to a set of standards that guarantee clients better results and greater confidence.
Dolmen Developments is committed to delivering units on time, as stipulated in the agreement, to ensure that clients’ investment plans remain uninterrupted. Dolmen also prioritizes developing its projects in prime locations close to major roads and highways, as a prime location often leads to increased value over time, positively impacting the investment.
In terms of design, the Dolmen Developments collaborates with leading design firms to create visually appealing projects with eye-catching details. Unique design and layout are key factors in enhancing the investment value of each project. Dolmen also prioritizes the size of the land plots on which its projects are built, aiming to develop projects on expansive areas that allow for a greater number of units and a variety of sizes to suit different needs.
To make things easier for clients, Dolmen offers exclusive deals by providing a suitable down payment for the total unit price, along with an extended installment plan. This aims to reduce the financial burden on investors and ensure they can easily commit to the project without experiencing financial strain.
Dolmen Developments Projects
Not content with its past success, Dolmen Developments continues to strive to launch a portfolio of distinguished projects offering promising investment opportunities. The company focuses on providing numerous advantages in these projects, including services and facilities, along with eye-catching, modern European-style designs that add real value. Among Dolmen’s most prominent projects are:
1. Mall Midway Plaza New Capital
Midway Plaza Mall is one of Dolmen Developments’ projects in the New Administrative Capital, located in District 3 (R3). The mall is characterized by its commercial and administrative nature, spanning a total area of approximately 3,400 square meters, making it suitable for accommodating diverse activities within a well-organized investment environment.
Unit sizes within the mall start from 33 square meters, catering to investors seeking varying spaces depending on the nature of their business. As for prices, unit prices start from EGP 4,590,000. The project allows investors to reserve a unit with a 10% down payment, with the remaining amount payable in installments over 7 years.
2. Avenue Al Maqsad Mall New Capital
Avenue Al Maqsad Mall is part of Dolmen Real Estate Development’s projects in the New Administrative Capital and is considered a prominent development in the area due to its location and function within the district. It is the first commercial mall in the Al Maqsad district and serves the entire R3 (third district) population, making it a significant shopping and services hub.
The mall also features an unconventional design, with a visually distinctive, wavy-shaped building. Its dual-sided design, with two entrances, facilitates movement and optimizes visitor flow.
Avenue Al Maqsad Mall consists of a ground floor and two upper floors. Unit sizes range from approximately 60 to 250 square meters, offering a wide range of options for investors. Prices start at EGP 8,255,000 total, while the price per square meter starts at EGP 230,500.
The booking and installment system starts with a 10% down payment, with the remaining unit price payable over 7 years. The company also clarified that the units will be delivered in 2027, in a semi-finished state (plastered walls only), with the mall providing investors with the necessary services and facilities, in addition to amenities for visitors while at Avenue Al Maqsad.
3. The Pier New Capital
The Pier Mall is a project by Dolmen Real Estate Development in the New Administrative Capital. Its location was carefully chosen in District 3 (R3), a residential area known for its development and comprising approximately 24,500 residential units. Therefore, the mall serves a large segment of the population, aiming to continuously meet their commercial and service needs.
The project spans an area of approximately 3,044 square meters and consists of a ground floor and three upper floors, allowing for the organization of multiple spaces for commercial and administrative activities within an integrated complex.
Dolmen offers a variety of unit options within The Pier; With unit sizes starting from 15 square meters, this mall is suitable for a variety of investors. Unit prices start from a total of EGP 1,055,000, while the price per square meter starts from EGP 52,000. The mall also offers flexible payment plans, requiring a 10% down payment and the remaining balance payable over 8 years.
Other projects developed by Dolmen Developments
- R3 District in the New Administrative Capital.
- Canadian University Project.
- Kempinski Hotel New Cairo.
- New Mansoura City.
- New Alamein City.