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Palmier Developments
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Palmier Developments — Overview
Palmier Developments is an Egyptian residential real estate developer founded in 2016 and headquartered in Sheikh Zayed City, Giza. Its work is concentrated in the New Zayed extension west of Cairo.
The company was established by a group that includes former Egyptian Minister of Investment Dr. Osama Saleh, and it positions itself as a mid-sized developer focused on low-density residential compounds and a small number of coastal and tower projects.
Track Record
In under a decade, Palmier Developments has built a portfolio that spans New Zayed compounds, a tower in 6th of October, and two coastal villages in Marsa Matrouh on the North-West Coast.
Projects documented on the developer's official site include Vert, Zayard Villa, Zayard Residence, Zayard Avenue, Zayard Trio, Zayard North Strike, and the flagship Zayard Elite compound in Sheikh Zayed.
Outside New Zayed, the company is linked to Ferida Heights in Sheikh Zayed, Ferida Tower in 6th of October, and the O Bay Village and Agiba City projects in Marsa Matrouh, per listings on Nawy and Flatandvilla.
Areas Served
The bulk of Palmier's footprint sits in Sheikh Zayed compounds, specifically the New Zayed extension along the western axes of Greater Cairo.
The developer also operates in 6th of October via Ferida Tower, and on the North-West Coast through O Bay Village and Agiba City near Marsa Matrouh — giving the brand a mix of primary-residence and second-home product.
Project Portfolio
Palmier's residential product targets buyers seeking villas, twin houses, townhouses, and garden apartments in the New Zayed corridor rather than mass-market apartment blocks.
The flagship asset listed on CompoundGate is Zayard Elite in New Zayed: a 15-acre low-density compound where unit prices start at EGP 10,150,000, with a 5% down payment, installments up to 7 years, and delivery scheduled in 2028.
The wider Zayard line plus Vert round out the New Zayed offering, while Ferida Heights and Ferida Tower cover Sheikh Zayed and 6th of October buyers respectively. The Marsa Matrouh projects serve clients shopping for a sea-view second home.
Why Buy from Palmier Developments
The main strategic argument for buying from Palmier is its concentrated bet on New Zayed — one of West Cairo's fastest-appreciating sub-markets — which supports medium-term price upside on units bought during launch phases.
Payment terms are flexible relative to peers of similar scale: down payments start at just 5% on several projects, with installments stretching up to 7 years, easing the cash burden on long-horizon buyers.
Finally, the founding team's institutional background — including a former Minister of Investment — gives buyers signing multi-year installment contracts with a mid-sized developer a measure of reassurance about governance and continuity.
Frequently Asked Questions about Palmier Developments
Is Palmier Developments a trusted developer in Egypt?
Yes — the company has been active since 2016 with delivered and under-construction projects in Sheikh Zayed, 6th of October, and Marsa Matrouh, and is listed on Nawy, Flatandvilla, and Property Finder Egypt.
When was Palmier Developments founded and where is it based?
Palmier Developments was founded in 2016 and is headquartered in Sheikh Zayed City, Giza. Its development work is concentrated in the New Zayed extension.
What are Palmier Developments' main projects in Sheikh Zayed?
Its main Sheikh Zayed projects are Zayard Elite in New Zayed, plus Vert, Zayard Villa, Zayard Residence, Zayard Avenue, Zayard Trio, and Zayard North Strike — all within the New Zayed extension.
Does Palmier Developments offer installment plans?
Yes. The developer offers payment plans with down payments from 5% to 15% of the unit price, and installment terms reaching up to 7 years on flagship projects such as Zayard Elite.
What makes Palmier Developments different from other Egyptian developers?
Its differentiation lies in a concentrated geographic focus on the New Zayed corridor, an institutionally-backed founding team that includes a former Egyptian Minister of Investment, and relatively flexible payment terms compared with peers of similar scale.
See also all Sheikh Zayed compounds or all real estate developers in Egypt.