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Maxim Developments
Founded 1980
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Maxim Developments is the real-estate arm of Egypt's Maxim Holding Investment Group and one of the country's longest-running developers. Founded in 1980 by Eng. Wagdy Karar, the company has built over 45 years of operating history across residential, commercial, and hospitality real estate in Egypt.
Maxim's portfolio spans gated communities in New Cairo and El Shorouk, coastal resorts on the North Coast at Sidi Abdel Rahman, and large-scale residential in Mostakbal City.
Four active compounds carry the Maxim brand on CompoundGate today, alongside the group's commercial and hospitality assets such as Royal Maxim Hotel and Maxim Mall.
Read this page بالعربية for Arabic-speaking buyers, or browse all real estate developers in Egypt to compare Maxim against the rest of the market.
Maxim Developments Overview
Maxim Developments was founded in 1980 as the real-estate division of Maxim Holding, a diversified Egyptian group headquartered in Cairo. The company is chaired by its founder, Eng. Wagdy Karar, who steered the group from a contracting background into full-cycle property development.
The developer operates across three sectors: residential gated communities, commercial and retail, and hospitality. That cross-sector footprint underpins integrated assets such as Maxim Mall and Royal Maxim Hotel in New Cairo, alongside the group's standalone residential compounds.
Track Record
Across more than four decades, Maxim has delivered residential, retail, and hospitality projects in Greater Cairo and on the Mediterranean coast. One of its earliest gated communities, Maxim Residence, opened in El Shorouk in 2000. It was followed by the 85-acre Maxim Country Club in New Cairo, off North 90th Street.
On the North Coast, Maxim is developing Bo Sidi Abdel Rahman / Bo Islands, a roughly 1,000-acre resort at kilometer 120 of the Alexandria-Marsa Matrouh road, in the Sidi Abdel Rahman zone neighbouring Ras El Hekma.
In Mostakbal City, the developer built The Canyon, a 200-acre residential project with units starting from 45 square meters and scaling up to 450 square meters.
The wider group also operates Maxim Mall, Royal Maxim Hotel, and Heliopolis Towers, reinforcing Maxim's ability to deliver mixed-use environments rather than residential-only schemes.
Areas Served
Maxim focuses on three primary geographies tracked on CompoundGate: New Cairo compounds where Maxim Country Clubhouse sits, North Coast compounds hosting Bo Islands and Bo Sands at Sidi Abdel Rahman, and Mostakbal City compounds where The Canyon is located.
This spread lets buyers choose between full-time living in New Cairo and Mostakbal City and a coastal investment or summer-rental play on the Mediterranean.
Project Portfolio
Maxim's active portfolio on CompoundGate covers four compounds across the luxury-residential and coastal-investment segments.
On the North Coast, the headline project is Bo Islands North Coast compound, Maxim's flagship Mediterranean resort with full beachfront, hotel, and clubhouse components. Sitting alongside it is Bo Sands North Coast compound, a newer coastal launch within the same Maxim family.
In New Cairo, Maxim Country Clubhouse New Cairo compound anchors the developer's premium residential presence with standalone villas and private club facilities.
In Mostakbal City, The Canyon Mostakbal City compound offers a wider unit mix on 200 acres at a price point aimed at value buyers stepping outside the saturated New Cairo market.
Why Buy from Maxim Developments
The first reason is operating longevity. A 45-year-old developer has survived three major Egyptian economic cycles, which reduces the financing-default risk you take on when you sign a seven- or ten-year installment plan.
The second reason is diversification. Because the parent group runs hotels, malls, and contracting alongside development, the residential arm is not dependent on a single sales cycle. That cushion supports on-time delivery during market slowdowns.
The third reason is master-plan discipline. Maxim's residential projects favour low building density — only 12% built area at Bo Islands and 85 acres for the Maxim Country Club villa cluster. Low-density master plans tend to hold their resale value better over a ten-year hold.
Maxim Developments FAQ
Is Maxim Developments a trusted developer? Yes. Founded in 1980, Maxim has a 45-year delivery record across New Cairo, El Shorouk, and the North Coast, and operates as the real-estate arm of Maxim Holding.
When was Maxim Developments founded? Maxim Developments was founded in 1980 by Eng. Wagdy Karar in Cairo, as part of Maxim Holding Investment Group.
Does Maxim offer installment plans? Yes. All four active Maxim compounds on CompoundGate — Bo Islands, Bo Sands, Maxim Country Clubhouse, and The Canyon — are sold with down-payment plus multi-year installment plans, with terms varying by project.
Where are Maxim's projects located? Maxim's active projects sit in three Egyptian markets: New Cairo (Maxim Country Clubhouse), Mostakbal City (The Canyon), and the North Coast at Sidi Abdel Rahman (Bo Islands and Bo Sands).
What makes Maxim different from other Egyptian developers? Three things: 45 years of operating history, cross-sector diversification across residential, retail, and hospitality, and a master-planning bias toward low-density schemes that tend to preserve unit resale value.