ÈLM Developments

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ÈLM Developments

About ELM Developments

ELM Developments is a relatively new Egyptian real estate developer, founded in 2024. The company focuses on developing integrated residential, commercial, and mixed-use destinations, aiming to combine modern living standards, sustainability, and investment value.

Its leadership includes prominent figures:

Dr. Yasser Abdel Maksoud – Chairman
Dr. Assem El Gazzar – Non-Executive Chairman, former Minister of Housing.
Eng. Shehab El Mahdy and Ahmed Osama ElGaby are among other board members contributing with significant experience in real estate, architecture, and brokerage.

Vision & Mission

Vision: To establish itself as a leading name in Egypt’s evolving real estate landscape by creating human-centric, sustainable urban communities.
Mission: To build residential and mixed-use projects that deliver high quality of life, blending nature-inspired design, green spaces, and modern amenities, while ensuring value for residents and investors alike.

Investment Scale & Land Holdings

First Project & Investment: ELM’s first project is ÈLM Tree in 6th of October City, with a total investment of EGP 10 billion.
Land Area: The ÈLM Tree project spans about 58 feddans (≈ 58 acres), with low-density residential units occupying around 32 feddans of that, and over 80% of the total area devoted to green/open spaces.

Notable Project: ÈLM Tree (6th of October City)

Key features of the ÈLM Tree project:

Mixed use / residential & commercial.
Low-density units: apartments, duplexes, and “tree villas” with terraces and garden views.
A 30,000 sqm central park as the green heart of the development.
A clubhouse (≈ 10,000 sqm) with amenities such as swimming pool, sports courts (padel, football), children’s play area.
Location is strategic: frontage on Boulevard Road (≈ 1,323 meters), proximity to major roads, schools, malls, etc.

Why Choose ELM Developments?

Here are some of the strong selling points:

Strong leadership & credibility – Founders include well-known figures in government and real estate, which adds trust.
Sustainability & green planning – Large green spaces, low-density development, attention to nature and quality of environment.
Balanced lifestyle offering – Units with views, terraces, open spaces, modern amenities (clubhouse, sports, etc.) that foster family & community life.
Strategic location – Excellent accessibility in 6th of October City, close to key landmarks, services, roads.
Value proposition – Despite luxury and amenities, ELM is positioning Elm Tree with competitive pricing and flexible payment terms.

Conclusion: ELM Developments is a promising newcomer in Egypt’s real estate sector. Despite being very new (since 2024), with its first large-scale project (ÈLM Tree), it presents a strong combination of sustainability, design quality, and investment potential. If the execution and delivery live up to the promise, it can quickly become a trusted developer for people seeking upscale, modern, green living in Egypt.