Hamat Properties

Hamat Properties is an Egyptian real estate developer with 15+ years of operating history and an Egyptian-Saudi capital structure, with a portfolio spread across the New Administrative Capital, Fifth Settlement, and Al Obour.

Hamat focuses on three product categories: residential land plotting, residential construction, and commercial-administrative developments. The company is led on the commercial side by Sales Director Ahmed Hossam. The Arabic version of this page is available at شركة هامات للتطوير العقاري.

Company Overview

Hamat is an Egyptian developer with combined Egyptian-Saudi capital, according to its industry profiles. Cumulative operating years exceed 15, though the company does not publish a specific incorporation year in its official communications.

The company runs a dual operating model: subdividing and selling residential land plots in infrastructure-mature areas, alongside developing new commercial-administrative projects inside the New Administrative Capital.

Track Record & Past Projects

Hamat carries a documented track record of plotting and developing over 200 residential land plots in Al Obour and Fifth Settlement, specifically inside the Al Narges and Beit Al Watan masterplans.

On the residential construction side, the company has delivered over 50 residential buildings in the Al Obour area according to its published record — a verifiable on-the-ground delivery history.

The earlier commercial project, Za Link Mall in MU-23 inside the New Capital, is marketed as fully sold out. A second project, Plus 90 in North Teseen, is reported at approximately 85% construction completion.

Areas Served

Hamat's current operations are concentrated in the New Administrative Capital, with multiple projects in different stages of selling and execution — positioning the company as a Capital-focused specialist.

The historical footprint extends to New Cairo (specifically Al Narges and Beit Al Watan) and Al Obour, giving the company a reference base of prior customers that buyers can use for diligence.

Project Portfolio

The flagship commercial project is Blick Mall in the New Administrative Capital, sited in the MU-23 zone on a 4,000-sqm plot with a ground-floor-plus-nine-stories envelope, hosting administrative units ranging from 30 to 75 sqm.

Blick fronts a 160-meter main road and targets 3 billion EGP in announced sales. Unit prices start at 2,652,000 EGP with a 10% down payment and installments up to 9 years, with delivery scheduled for 2029.

The two prior projects — Za Link Mall (fully sold out within MU-23) and Plus 90 (approximately 85% construction-complete in North Teseen) — give buyers a verifiable on-site reference for the company's actual execution quality.

Why Buy from Hamat Properties

The strongest argument for Hamat is the combination of historical residential plotting and construction experience (15+ years) with a proven move into the commercial-administrative segment. That translates into accumulated operating signals that can be verified on the ground.

The presence of a fully sold-out previous project (Za Link Mall) in the same MU-23 zone, plus a high-completion-rate active project (Plus 90), materially reduces delivery risk for a buyer purchasing into Blick Mall.

Our recommendation for buyers is to visit Za Link Mall on the ground to inspect finish quality and actual handover condition before committing to a Blick unit. Blick is a pure administrative project, best suited to investors seeking an income-producing asset rather than residential buyers.

Frequently Asked Questions