Ajna Developments operates under the leadership of Eng. Osama Shalaby as a specialized arm for residential and coastal real estate development within an investment group with a portfolio exceeding EGP 25 billion.
The company was established in 2019 and has successfully established its presence among promising developers in the Egyptian market, backed by its board’s many years of experience in construction and real estate investment.
The group’s portfolio spans more than 25 projects ranging across residential, coastal, commercial, and administrative offerings, with Ajna’s real estate projects concentrated in New Cairo and Ain Sokhna, at prices starting from approximately EGP 4,600,000 and exceeding EGP 17,200,000 depending on the project and unit type.
Ajna Developments was established in 2019 to serve as the specialized arm for residential and coastal real estate development within a broader investment group that includes entities in contracting and administrative and medical development.
Its founders accumulated decades of experience in construction and investment before launching the specialized real estate entity, giving the company a strong execution foundation from which to enter the market.
The group to which Ajna belongs relies on a contracting arm with more than 20 years of experience in executing standalone residential buildings across multiple areas of Greater Cairo, alongside an arm specialized in developing and managing administrative and medical projects, while Ajna has, since its launch, handled the residential and coastal real estate development portfolio — combining construction and operational expertise under one umbrella.
The company focuses on developing fully-integrated urban communities that include residential, coastal, and hotel units in carefully selected locations, managing more than 8,000 residential and investment units within the group’s portfolio, with a land and project bank spanning a total area of approximately one million square meters, giving it flexibility in offering diverse units suited to different segments of clients and investors.
This growth reflects a vision based on carefully studying market needs and selecting the most distinguished locations. The company has not settled for conventional construction but has sought to introduce new concepts in design and execution, which has contributed to earning client trust and increasing sales volume at a notable pace relative to its short time in the market.
Ajna Developments is led by a Board of Directors that combines engineering and administrative expertise with individuals holding extensive experience in the contracting and real estate investment sectors, forming the foundation that has enabled the company to achieve rapid and sustainable growth since its establishment while adopting the latest standards in construction.
The most notable members include:
Ajna Developments’ philosophy goes beyond the idea of simply delivering a residential unit, aiming instead to craft a complete lifestyle within carefully planned communities.
The company begins by reading the nature of each location to select the most suitable type of project for it — its residential projects are located near vital axes, its coastal projects offer direct sea views, and its commercial units are placed in locations that ensure sustained returns.
The company relies on collaboration with a select group of experts in architecture, site planning, and urban community design in executing its projects.
The design of Eastville Compound was created by architect Omar Akil, reflecting Ajna’s commitment to associating each project with a respected name that ensures a distinctive architectural identity and execution quality in line with modern standards.
Ajna Developments aspires to become a benchmark for creativity in the Egyptian and regional real estate market, by offering a fully-integrated lifestyle model within sustainable cities that keep pace with the latest global developments, redefining residential, coastal, and hotel spaces to provide the highest levels of comfort, and working to create value for its clients and investors that continues to grow over time.
Ajna Developments relies on a network of partnerships covering project stages from design to operation, raising the quality of the final product and the client and investor experience within its units:
To inquire about new investment partnership opportunities with Ajna Developments, you can contact Ajna Developments’ hotline at +201118183030 and obtain detailed information from the team.
Ajna Developments’ portfolio includes a mix of residential, coastal, and hotel projects in strategic locations. The table below shows an overview of its most notable projects:
| Project | Location | Type | Area | Status |
|---|---|---|---|---|
| Eastville Compound | New Cairo – Fifth Settlement | Residential / Hotel | 20 feddans | Under construction |
| Carnelia Village | Ain Sokhna | Coastal / Tourism | 100 feddans | Under delivery |
| Kasakuon Compound | New Cairo – Fifth Settlement | Hotel / Residential | Within Eastville | Under construction |
This record reveals the company’s direction toward geographic and product diversification, combining luxury living in the heart of New Cairo with coastal destinations on the Gulf of Suez coast, while entering the managed hotel apartment category — a mix that widens its client base among homebuyers, vacationers, and investors.
Below are Ajna Developments’ projects.
Eastville Compound is the company’s flagship residential project in the heart of New Cairo, specifically within Golden Square in the Fifth Settlement, behind Al Ahly Club and close to the American University and main axes.
The project spans an area of 20 feddans and includes standalone villas, townhouses, and twin houses alongside hotel units with areas starting from 190 square meters, with villa prices starting from approximately EGP 17,200,000, and flexible payment plans starting with a down payment of 5% and installment periods extending up to 10 years without interest.
Alongside Eastville, the company offers the Carnelia Village project in Ain Sokhna as its first coastal destination, spanning 100 feddans with a beachfront extending 650 meters, in addition to the Kasakuon project for hotel apartments within Eastville.
To inquire about the latest prices, installment plans, and to book a viewing for any of Ajna Developments’ projects, you can contact Ajna Developments’ sales number at +201118183030.
Several factors make investing in Ajna Developments’ projects an attractive option for those seeking housing or returns, including:
To get the latest information on Ajna Developments’ projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn about the payment plans available across the various projects. Call now at:
Ajna’s sales team offers a free real estate consultation that includes an analysis of the client’s budget and needs, followed by recommending the most suitable project from the company’s portfolio, along with providing field viewings of available units and presenting all financing and payment alternatives.
Ajna Developments combines the backing of an investment group with extensive experience in construction, diversity between luxury living, coastal destinations, and managed hotel apartments, and flexible payment plans extending up to 10 years in high-value strategic locations.
To inquire about the latest prices, available areas, and installment plans, you can contact Ajna Developments’ sales number at +201118183030 and receive a comprehensive real estate consultation and view the units on-site.
