Dolmen Developments is an Egyptian real estate developer that chose to start its journey from the heart of the New Administrative Capital.
Under the leadership of its chairman, Abdel Azim Khalil, the company is executing an investment plan exceeding EGP 1 billion spread across 3 projects, two of them in the R3 Residential District and the third inside Al Maqsad.
The company focuses on mixed-use malls that bring retail shops, offices and clinics together under one roof, and it deliberately picks locations surrounded by residential blocks that are already inhabited.
Unit prices in its projects start from around EGP 5,000,000 according to currently available sale offers, with extended installment plans suited to individual investors and business owners.
Dolmen Developments belongs to the newer generation of companies in the Egyptian market, focusing from day one on the commercial and administrative sector rather than residential. It launched its activity in the New Administrative Capital through two land plots in R3 and a third plot inside Al Maqsad, the community developed by City Edge Developments over 211 feddans.
Abdel Azim Khalil chairs the board and acts as the official voice behind every announcement on launches, construction and handover, According to his statements, all Dolmen projects are fully self-financed with no reliance on bank loans, which gives the company flexibility to inject capital in line with construction phases.
The journey began with The Pier Mall in R3 on a 3,000 sqm plot, offering a sellable area of 6,500 sqm with more than 150 shops plus an administrative top floor, backed by investments of around EGP 400 million.
The company chose this site because it was among the first inhabited areas of the capital, and the project overlooks the Green River near the monorail route.
Work on The Pier Mall moved forward step by step: after construction kicked off, the company completed the entire concrete structure and moved on to finishing works ahead of handover, while the first launch phase saw around 65% of its spaces marketed to a number of retail brands.
Avenue Al Maqsad followed as a purely commercial second project on 2,300 sqm with investments of EGP 200 million, becoming the first commercial project inside Al Maqsad to serve its residents with daily services.
Its built-up ratio does not exceed 40% of the plot, and construction reached the halfway mark during 2022. A third project then joined the portfolio near The Pier Mall on 3,400 sqm, comprising a ground floor and 3 commercial and administrative floors.
Dolmen’s plans extend beyond the sales stage, The company has drafted operating regulations that govern the relationship between unit owners, intends to set up a subsidiary to manage and maintain its projects, and is studying expansion into a residential or mixed-use project in one of Egypt’s new cities to diversify its portfolio.
Dolmen works from the conviction that the success of any commercial project depends on the occupancy rate around it, That is why it chose the first populated areas of the capital instead of betting on districts still under development, ensuring its malls serve a daily audience of residents and employees.
The company also treats fast execution as a core part of its strategy. Speeding up construction prevents the gap between the selling price and the building cost from widening, protecting both the developer and the buyer from fluctuations in construction material prices.
In terms of design, Dolmen projects blend retail shops, administrative offices and medical units, with small and mid-sized spaces that open the capital’s commercial market to a wider segment of investors.
Dolmen does not award its works by direct assignment. The Pier Mall was put to a limited tender in which 6 contracting companies competed for the construction and electromechanical works, while ARKAN Engineering Consultancy supervises execution, as announced by the company.
The company also injects its investments in tranches tied to construction milestones, It allocated EGP 30 million to the first six months of works at The Pier Mall, an approach that links spending to actual progress on site rather than upfront commitments.
Dolmen aspires to become one of the leading real estate developers in Egypt and the Middle East, delivering projects that raise quality of life from aesthetic, functional and environmental perspectives while turning them into attractive investment opportunities for clients.
| Project | Location | Type | Land Area | Status |
|---|---|---|---|---|
| The Pier Mall | R3 – New Administrative Capital | Commercial & Administrative | 3,000 sqm | Handover phase |
| Avenue Al Maqsad | Al Maqsad – New Administrative Capital | Commercial | 2,300 sqm | Under construction |
| Third Project | R3 – New Administrative Capital | Commercial & Administrative | 3,400 sqm | Finishing works |
The portfolio reveals a deliberate geographic focus inside the New Capital, with all three projects sitting within one residential cluster that guarantees each mall a ready customer base.
To ask about available units in Dolmen Developments malls, reach the Dolmen Developments hotline at +201118183030 for detailed information from the sales team.
Since Dolmen’s projects are concentrated in R3 and its surroundings, investors will find several commercial and administrative malls in the same area serving the same population base.
For a broader view of the market, the New Capital malls guide is a useful starting point before comparing options.
Litz Mall by Rayn Developments sits inside Al Maqsad Villas in R3, with units starting from 9 sqm at prices from EGP 2,040,000, a 5% down payment and installments over 9 years.
Voco Mall is another Rayn Developments project in the same district, facing the Iconic Tower. Units start from 22 sqm and prices from EGP 2,640,000, with a 10% down payment and up to 9 years of installments.
Zalink Mall by Hamat Developments features a frontage linking the R2 and R3 residential districts directly, with prices from EGP 2,100,000, a 5% down payment and up to 10 years of installments.
Sam Wave Mall by SAM Developments benefits from its position at the core of the capital’s densest area, with prices from EGP 2,310,000 and a zero down payment plan stretching up to 15 years.
Blue Sky Mall by HUD Developments directly overlooks the Iconic Tower and includes shops, offices and clinics priced from EGP 2,900,000, with a 5% down payment over 9 years.
Spinner Mall by Radix Developments sits on the Al Amal Axis frontage with views over 3 main streets, and its prices start from EGP 3,857,000 with no down payment and installments up to 10 years.
Bema Mall by Qontrac Developments combines shops and administrative offices with units from 39 sqm, while prices start from EGP 2,719,432 with a 10% down payment over 8 years.
Remeny Mall by Squares Developments lies next to the Sports City between R2 and R3, dedicating 70% of its area to plazas and open spaces versus only 30% for construction.
For the latest prices and to book a viewing in any Dolmen Developments project, call the Dolmen Developments sales number +201118183030 to receive price offers and installment schedules.
For the latest information on Dolmen Developments projects, you can reach the specialized sales team to ask about prices, book site viewings and review payment plan details.
Dolmen Developments sales number: +201118183030
Available daily from 10 AM to 10 PM
Dolmen Developments hotline: +201118183030
Available daily from 10 AM to 10 PM
The Dolmen sales team offers a free real estate consultation that includes a quick analysis of the client’s needs and budget, a recommendation of the most suitable unit across the company’s projects, on-site viewings of available units and a full overview of payment alternatives.
In a commercial market crowded with malls, Dolmen bets on a clear formula: a location among real residents, a project size that can be built and operated efficiently, and payment plans that let investors enter the market with limited capital.
This formula makes its projects a logical choice for anyone seeking a commercial or administrative unit that starts generating returns as life moves into the capital’s residential districts.
Dolmen Developments combines a focus on genuinely inhabited locations, self-financing that sustains construction, and advance planning for mall operation after handover. To ask about the latest prices, available sizes and installment schedules.
call the Dolmen Developments sales number: +201118183030 for a comprehensive real estate consultation and on-site unit viewings.
