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Palm Hills Developments
Founded 1997
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About Palm Hills Developments
Palm Hills Developments is one of Egypt's largest real estate developers and trades on the Egyptian Exchange (EGX) under the ticker PHDC. Founded in 1997 and headquartered in Cairo, the company has spent nearly three decades shaping Egypt's residential compound and coastal village landscape.
Palm Hills sits within the portfolio of El Mansour & El Maghraby for Investments and Development (MMID), a partnership owned 60% by Mansour Group and 40% by the Maghraby family.
This parent structure gives Palm Hills the financial depth to run dozens of large-scale projects in parallel — a rare capability in the Egyptian market.
Leadership has been continuous since the founding era: Yasseen Mansour serves as Chairman and Group CEO, alongside Hazem Badran and Tarek Tantawy as Co-CEOs and Managing Directors since mid-2021.
Palm Hills Track Record
Palm Hills holds a land bank exceeding 37.8 million square meters across Egypt's most strategic geographies, executed through more than 50 residential, commercial, and hospitality projects. By land-bank size alone, this places Palm Hills among the largest real estate operators in the Middle East.
The portfolio cuts across multiple sectors — gated residential compounds, coastal vacation villages, administrative offices, retail centers, and hospitality assets. This diversification reduces single-sector exposure for buyers and creates an integrated product mix that few Egyptian developers can match.
Flagship delivered projects include Hacienda Bay on the North Coast, the Palm Hills Katameya series in New Cairo, and Palm Hills October — one of the original gated communities that helped define the 6th of October compound standard.
Areas Where Palm Hills Operates in Egypt
Palm Hills distributes its projects across seven primary geographies in Egypt, covering Greater Cairo, the North Coast, the Eastern Coast at Ain Sokhna, and the new strategic cities. Each area hosts more than one Palm Hills project, giving buyers consistent service quality regardless of location.
You can browse North Coast compounds for premium coastal villages, or explore New Cairo compounds for primary residential units. The portfolio also extends to 6th of October compounds and Sheikh Zayed compounds on the western side of Cairo.
On the eastern coast, Palm Hills delivers resort-style projects in Ain Sokhna compounds. The company has also expanded into the new northern coast through New Alamein compounds and into Egypt's emerging cities via Mostakbal City compounds.
Palm Hills Project Portfolio
The Palm Hills portfolio is among Egypt's largest, with 39 active residential and commercial projects available through CompoundGate. The list below highlights signature projects grouped by location.
On the North Coast, Palm Hills runs the renowned Hacienda series including Hacienda Bay North Coast, Hacienda White, Hacienda West, Hacienda Red, and Hacienda Blue.
In New Cairo, projects include Palm Hills Katameya PK1, PK2 Extension, The Village Gate, Palm Hills New Cairo, and the newer 97 Hills compound.
In 6th of October, signature projects include Palm Hills October, the master-planned Badya integrated city, plus The Crown and Palm Hills Golf Views.
In Ain Sokhna, you'll find Palm Hills Sokhna, Palm Beach, and Laguna Bay. The portfolio also includes Palm Hills New Alamein on the new northern coast.
Why Buy from Palm Hills Developments
Choosing a developer is the single most important decision in Egyptian real estate, especially when committing to multi-year installment plans. Palm Hills' delivery record since 1997 ranks among the strongest in the market, with dozens of projects already handed over to buyers.
The EGX listing under the ticker PHDC means Palm Hills operates under strict transparency rules and publishes audited financials on a recurring basis. This level of corporate governance is rare among Egyptian developers and gives buyers an additional safety layer on long-term commitments.
Geographic diversification across seven regions means Palm Hills is not dependent on any single market. Whether you want a primary residence in New Cairo, a coastal home on the North Coast, or a chalet in Ain Sokhna, there is a Palm Hills product matched to most budgets and lifestyles.
Frequently Asked Questions about Palm Hills Developments
When was Palm Hills Developments founded?
Palm Hills Developments was founded in 1997 and is headquartered in Cairo. The company has been active in the Egyptian market for nearly three decades.
Is Palm Hills a trusted developer to invest with?
Yes. Palm Hills is publicly listed on the Egyptian Exchange under the ticker PHDC and has delivered more than 50 projects since founding, making it one of Egypt's most established real estate names.
Where are Palm Hills projects located in Egypt?
Palm Hills operates in seven primary regions: the North Coast, New Cairo, 6th of October, Sheikh Zayed, Ain Sokhna, New Alamein, and Mostakbal City.
Does Palm Hills offer installment plans?
Yes. Palm Hills offers flexible multi-year installment plans on most projects, with down payments varying by project and unit type. Contact us for the latest installment terms on any specific project.
What is the difference between the Hacienda series and other Palm Hills compounds?
The Hacienda series is dedicated to premium coastal villages on the North Coast, while compounds branded as Palm Hills focus on permanent residential communities in Cairo and 6th of October.