Alexandria for Investment and Urban Development (ALX Developments) is a public sector-owned real estate entity that has transformed in a short period from a company owning a single plot of land in Alexandria into a multi-project developer. It operates under the leadership of Eng. Ayman Abu Bakr Mohamed, Chairman and Managing Director.
ALX Developments — the brand of Alexandria for Investment and Urban Development — is one of the public-sector-backed real estate companies that transformed within a short period from a firm owning a single plot in Alexandria into a multi-project developer.
Led by Eng. Ayman Abu Bakr Mohamed, Chairman and Managing Director, the company drew wide attention when it sold out its Grand View 1 project completely within just 6 months of launch, relying on a management model that blends the agility of the private sector with the stability of the long-established public institutions that own it.
Its portfolio today spans the North Coast, Ain Sokhna, and Aswan, with a mix of residential, coastal, and commercial projects starting from EGP 4,500,000.
About ALX Developments
Alexandria for Investment and Urban Development (ALX Developments) was established on 6 April 2010 by a decision from the Head of the General Authority for Investment and Free Zones, with a licensed capital of EGP 1 billion.
It is an Egyptian joint-stock company affiliated with the Holding Company for Construction and Development under the Ministry of Public Business Sector — an institutional backbone that supports its long-term expansion plans and reassures clients about delivery commitment and the legal soundness of its land.
The company’s ownership structure brings together a group of long-established national institutions, as it was co-founded by El Nasr Housing and Development Company, Maadi Development and Construction Company, the Holding Company for Metallurgical Industries, the Holding Company for Tourism and Cinema, and El Maamoura for Construction.
This diversity combines integrated expertise across housing, construction, industry, and tourism, giving the company a resource and knowledge base that is hard to match among newly founded developers.
ALX Developments began its journey with a single real estate asset in Alexandria, then — under new leadership — moved toward an expansion strategy aimed at maximizing the underutilized assets of public business sector companies.
It grew beyond its local Alexandria base toward broader horizons that included coastal destinations on both the Mediterranean and the Red Sea, reaching as far as southern Upper Egypt, until it came to manage a portfolio that varies between residential, commercial, and tourism developments serving different segments of buyers and investors alike.
According to the company’s official figures, it has delivered a portfolio exceeding 180,880 sqm of total built-up areas, comprising around 1,269 residential units and 221 commercial units, and serving close to 1,200 clients — figures that reflect a genuine ability to build and hand over, not merely to launch and market.
ALX Developments Board of Directors
Eng. Ayman Abu Bakr Mohamed serves as Chairman and Managing Director of the company, and is regarded as the mastermind behind the qualitative leap it has achieved in recent years.
He led the restructuring process and the implementation of the 2020-2030 strategy, drawing on broad engineering and managerial experience that enabled him to transform an entity owning a single asset into a multi-project developer guided by private-sector thinking in management and development.
The board comprises a select group of professionals representing the major shareholding entities, and includes the following:
A representative of El Nasr Housing and Development Company, board member.
A representative of Maadi Development and Construction Company, board member.
A representative of the Holding Company for Metallurgical Industries, board member.
A representative of the Holding Company for Tourism and Cinema, board member.
A representative of El Maamoura for Construction, board member.
The management adopts a clear philosophy based on separating ownership from management, so the company is run in a professional manner comparable to major private-sector firms, without direct interference from shareholders in operational details.
The board focuses on transparency, governance, and efficiency in decision-making, with strict commitment to timelines and quality standards — which has strengthened the company’s credibility among clients and investors alike.
ALX Developments’ Philosophy in Real Estate Development
The company’s approach rests on translating public-sector resources into a modern real estate product capable of competing with private-sector projects. It carefully selects project locations within city centers and along high-demand coastlines, develops the underutilized lands of public business sector companies through partnerships that generate returns for the state and value for the client, and places clear emphasis on meeting delivery dates as the foundation of trust in the market.
The company also relies on engineering and consulting houses for design and supervision to ensure a final product with high execution standards that meets the expectations of its target segment, and it studies the needs of each location before launching, so the product aligns with real demand — whether permanent housing in the heart of the city or a vacation unit on the coast.
This philosophy is reflected in the client experience from the very first moment: the company offers gradual, flexible payment systems that ease the cash burden, a variety of sizes and types that let each family choose what suits its budget and needs, and transparency in contractual terms that protects both parties and sustains the relationship between the company and its clients over the long term.
ALX Developments’ Vision
The company aspires to be a leading model in changing the traditional concept of residential communities in Egypt by building refined urban environments that provide an integrated standard of living. It aims to become the first choice for those seeking quality and credibility, through products that match international standards and balance luxury with competitive pricing.
ALX Developments’ Objectives
Calculated geographic expansion by covering residential areas across governorates and new cities.
Commitment to delivery dates, handing over all units within the agreed contractual deadlines without delay.
Standard-setting quality by fully applying contract terms and building specifications without compromising areas or finishes.
Asset optimization by utilizing the underused lands of public business sector companies through strategic partnerships.
Portfolio diversification with a balanced mix of residential, commercial, and coastal projects.
Financial stability to achieve sustainable growth that ensures the efficient execution of major projects.
ALX Developments’ Strategic Partnerships
The company draws its strength from an institutional network of partnerships that begins with its own ownership structure, where it is backed by an alliance of major public business sector companies that give it deep expertise and the capacity to secure the land and financing needed for large-scale projects:
Institutional ownership partners: El Nasr Housing and Development and Maadi Development and Construction, providing deep construction expertise and developable land banks.
Industrial and service support partners: the Holding Company for Metallurgical Industries and the Holding Company for Tourism and Cinema, supporting supply chains and the tourism component of projects.
Execution and development partners: El Maamoura for Construction, with its long-standing experience in construction and tourism development.
ALX Developments’ Awards and Certifications
The company obtained ISO quality certifications during 2025, and has maintained a notable presence at leading real estate exhibitions such as Cityscape Egypt and the Al-Ahram Real Estate Exhibition.
According to a poll by Alam Al-Mal financial newspaper, its name appeared among the prominent real estate companies in the Egyptian market — indicators that reinforce its standing and give those dealing with it an added layer of reassurance.
For inquiries about new investment partnerships with ALX Developments, you can reach out via the ALX Developments hotline+201118183030 to obtain detailed information from the sales team.
This record reveals a notable geographic and product diversity, as the portfolio balances the urban core of Alexandria with coastal destinations on the Mediterranean and the Ain Sokhna shores of the Red Sea, all the way to southern Upper Egypt — reducing risk concentration and giving the client options ranging from permanent housing to a second home to income-generating commercial investment.
ALX Developments’ Projects on Our Website
ALX Developments’ Projects in the North Coast
Ariba North Coast Resort represents the company’s strong step toward coastal and tourism investment. It sits in a prime location near the main roads on the North Coast and offers a summer experience that blends relaxation and luxury through chalets, standalone villas, and twin houses with views over the sea or the lagoon.
Chalet sizes start from 90 sqm and prices from EGP 4,500,000, with a payment plan beginning at a 10% down payment and installments of up to 7 years, alongside a full suite of hotel services that make the project a destination for seasonal living and rental investment alike — opening the door to a seasonal return in one of Egypt’s most active resort markets, with full details and unit sizes available on its project page on our website.
To inquire about the latest prices and book a viewing for any of ALX Developments’ projects, you can contact the ALX Developments sales number+201118183030 to receive price offers and installment schedules.
Advantages of Investing in ALX Developments’ Projects
Flexible payment systems: down payments starting from 5% and installments extending from 6 to 8 years depending on the project, suiting multiple client segments and easing the cash burden at booking.
A real delivery record: the residential phase of Grand View 1 was sold out in full within 6 months and handed over — tangible proof of the company’s ability to execute and turn a launch into completed units.
Government institutional backing: the company’s affiliation with the Holding Company for Construction and Development gives the buyer reassurance about execution seriousness, the legal soundness of the land, and the clarity of contracts.
Geographic asset diversity: investment opportunities between urban Alexandria and the coastal destinations on the Mediterranean and the Red Sea, allowing a choice between permanent residential value and seasonal rental returns.
Contact ALX Developments
For the latest information on ALX Developments’ projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn the details of the payment systems available across the various projects.
ALX Developments sales number:+201118183030(Available daily from 10 AM to 10 PM)
ALX Developments hotline:+201118183030(Available daily from 10 AM to 10 PM)
The sales team provides a free real estate consultation that includes a quick analysis of the client’s needs and budget, recommends the most suitable project from the company’s portfolio, and arranges on-site viewings of available units while presenting all financing and payment alternatives.
Why Choose ALX Developments’ Projects ?
ALX Developments combines solid government institutional backing, a real delivery record driven by a mix of managerial agility and discipline in meeting deadlines, and a diverse portfolio stretching from the heart of Alexandria to the coasts and southern Upper Egypt.
To inquire about the latest prices, available unit sizes, and installment schedules, you can contact the ALX Developments sales number+201118183030 for a comprehensive real estate consultation and an on-site unit viewing.
