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Elm Developments

Real Estate Capsule
Elm Developments
ELM Developments is one of Egypt's newest and most distinguished real estate companies, founded in 2024 under the leadership of Dr. Yasser Abdel Maksoud as Executive Chairman and H.E, Dr. Assem El-Gazzar, Egypt's former Minister of Housing, Utilities, and Urban Communities (March 2019 – July 2024) as Non-Executive Chairman, alongside a network of seasoned leaders in real estate development, design, and brokerage, giving the company a level of leadership pedigree rarely seen in young real estate firms.
ELM Tree compound 6 October by Elm Developments 6th of october
ELM Tree compound 6 October by Elm Developments
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Start Price
3,600,000 EGP
0% Down Payment 10 Years Installments
Contents
  • - About ELM Developments
  • - ELM Developments Board of Directors
  • - ELM Developments Philosophy
  • -- ELM Developments Vision
  • -- ELM Developments Goals
  • - ELM Developments Strategic Partnerships
  • - ELM Developments Project Portfolio
  • - ELM Developments Projects on Our Website
  • -- ELM Developments Projects in 6th of October
  • - Investment Benefits in ELM Developments Projects
  • - Contact ELM Developments
  • - Why Choose ELM Developments Projects?

ELM Developments is one of Egypt’s newest and most distinguished real estate companies, founded in 2024 under the leadership of Dr. Yasser Abdel Maksoud as Executive Chairman and H.E.

Dr. Assem El-Gazzar, Egypt’s former Minister of Housing, Utilities, and Urban Communities (March 2019 – July 2024) as Non-Executive Chairman, alongside a network of seasoned leaders in real estate development, design, and brokerage, giving the company a level of leadership pedigree rarely seen in young real estate firms.

ELM specializes in residential, commercial, and mixed-use destinations, and has launched its first project, ELM Tree Compound, in 6th of October City across 58 feddans, in partnership with French firm Architecturestudio and Moharram-Bakhoum – ACE, with flexible payment plans and prices starting from EGP 3,900,000.

ELM Developments Egypt

About ELM Developments

élm Developments entered the Egyptian real estate market in 2024 as the outcome of a strategic partnership between several of the country’s most prominent leaders in housing, real estate development, architectural design, and brokerage.

The company combines the depth of experience held by established industry veterans with the agility and forward-looking vision of a younger generation focused on applying the most current concepts in urban planning, which has given it a remarkably solid foundation from its very first steps despite its recent market entry.

ELM specializes in the development of residential, commercial, and mixed-use destinations, and its development philosophy rests on three core pillars: trust, efficiency, and sustainability.

The company seeks to deliver fully integrated communities that move beyond the traditional notion of building toward shaping living environments that bring together comfort, beauty, and long-term investment value. The chairman’s message captures this philosophy in a single phrase: “We’re not just builders, we’re nation shapers.”

ELM launched its inaugural residential project under the name ELM Tree Compound in the heart of the northern expansion of 6th of October City, alongside a commercial component under the name Elm Tree Commercial Park, currently in the development phase.

Looking ahead, the company plans to expand geographically through additional residential and commercial destinations in strategic Greater Cairo locations such as Sheikh Zayed and New Cairo, with a longer-term ambition to extend its reach into Middle Eastern markets, according to the company’s announced expansion plans.

ELM Developments Board of Directors

ELM’s board of directors brings together four distinguished figures, each anchoring a different area of expertise, granting the company a leadership depth uncommonly found among recently established real estate entities. The board members are as follows:

  • H.E. Dr. Assem El-Gazzar: Non-Executive Chairman. He served as Egypt’s Minister of Housing, Utilities, and Urban Communities from March 2019 to July 2024, and is widely recognized as one of the country’s foremost experts in urban planning, environmental management, and the development of new urban communities. He also serves as President of The Gabha Wataneya Party, with an academic and professional background spanning urban planning, environmental management, tourism development, and the commercial sector.
  • Dr. Yasser Abdel Maksoud: Executive Chairman. He earned his Doctor of Pharmacy (PharmD) from St. John’s University in New York in 1991, and has been a member of the American Pharmacists Association since 1996. As the owner of Maksoud Group Pharmacists, he is an Egyptian entrepreneur transitioning his investment vision from the healthcare sector into integrated real estate development.
  • Eng. Shehab El Mahdy: Board Member. He is the founder of Connect Homes, one of Egypt’s leading real estate brokerage firms. He graduated from the American University in Cairo (AUC) with a degree in Electronic Engineering, and went on to earn a Master’s in Business Administration (MBA) from Edinburgh Business School, adding to the board a direct, practical understanding of the units market and end-buyer behavior.
  • Eng. Ahmed Osama ElGaby: Board Member. He is the founder of four specialized companies that together cover the full lifecycle of a real estate project: Integrity, Inspire, Interlace, and Insight, providing services across architectural design, construction, development, and maintenance. His background gives him hands-on experience managing every stage of a project, from initial planning through delivery and operations.

ELM Developments Philosophy

ELM Developments approaches real estate from a perspective that distinguishes it from the conventional model prevailing in the local market. The company treats a residential unit as far more than a place to live; it views it as a complete living space where nature converges with modern design within a thoughtfully crafted master plan.

ELM’s projects rely on low-density development patterns with a significant portion of total area reserved for green landscapes and open spaces, while drawing on top-tier local and international consultants and designers to ensure construction quality and full alignment with global standards.

ELM Developments Vision

The company’s vision centers on becoming one of the leading real estate entities in Egypt and the wider Arab region in the coming years, through projects that redefine the meaning of refined living and place the comfort of the client and the quality of their environment at the heart of every development decision, with steady commitment to environmental sustainability and operational efficiency at every stage of the project.

ELM Developments Goals

ELM is working toward a clearly defined set of strategic goals, including: developing residential, commercial, and mixed-use destinations to a quality level that competes with international standards; building a diverse portfolio of projects across strategic Greater Cairo locations; partnering with leading international consultants on design and execution; offering flexible payment systems suited to multiple client segments; gradually expanding beyond Egyptian borders toward promising Middle Eastern markets; and maintaining a firm commitment to sustainability standards throughout every project.

ELM Developments Strategic Partnerships

From its very first project, ELM has built an exceptional network of partnerships with leading design and consulting firms at both the international and regional levels, ensuring that its projects carry a design signature that competes with global standards despite the company’s recent founding. Its most notable partnerships include:

  • Architecturestudio (Paris – France): A global architectural firm founded in Paris in 1973, operating across architecture, urban planning, and interior design. It maintains offices on three continents, holds ISO 9001 certification, and has delivered award-winning projects in numerous countries around the world.
  • ACE Consulting Engineers / Moharram-Bakhoum: One of the Middle East’s largest engineering consultancies, founded in 1950, with a project portfolio spanning more than 40 countries. It serves as the lead engineering consultant and design contracting partner on the ELM Tree project.
  • Specialized local development partners: This includes the companies associated with board members across architectural design, construction, maintenance, and real estate brokerage, tying the project’s development cycle together from planning through operations within a unified ecosystem.

To inquire about investment partnership opportunities with ELM Developments or strategic collaborations on upcoming projects, you can reach the ELM Developments hotline at ‎+201118183030 to receive detailed information from the sales team.

ELM Developments Project Portfolio

Despite its recent founding, ELM has launched a fully integrated project that combines residential and commercial components on the same plot of land. The following table summarizes the company’s current portfolio of projects in development:

Project Location Type Area Status
ELM Tree Compound Northern Expansion – 6th of October Residential (apartments and duplexes) 58 feddans In development
Elm Tree Commercial Park Within ELM Tree – 6th of October Commercial Mixed-use Within the master plan In development

ELM’s current approach reflects a deliberate focus on building a single, fully integrated residential and commercial destination in 6th of October rather than pursuing rapid geographic expansion, a path commonly taken by newly established real estate entities that prefer to anchor a flagship project before extending into additional markets.

ELM Developments Projects on Our Website

Our website features the full details of ELM’s currently available residential project in 6th of October City, including up-to-date pricing, unit sizes, and the available payment plans:

ELM Developments Projects in 6th of October

ELM Tree Compound in 6th of October is the company’s first residential project, located directly on the Boulevard axis in the city’s northern expansion, just 3 minutes from Waslet Dahshour, 6 minutes from the Cairo-Alexandria Desert Road, and 8 minutes from Mall of Arabia. The project spans 58 feddans, with 36 feddans dedicated to low-density residential units, including apartments and duplexes in a variety of designs and sizes, while 85% of the total compound area is reserved for open green landscapes, a cycling and walking promenade, and an exclusive clubhouse positioned in a separate zone away from the residential area to preserve quiet and privacy. Unit prices start from EGP 3,900,000 with flexible payment plans spread across several years.

To view the latest pricing updates, payment options, and book a site visit for any unit within ELM Developments projects, you can contact the ELM Developments sales number at ‎+201118183030 to receive detailed price quotes and installment schedules.

Investment Benefits in ELM Developments Projects

Investing in ELM’s projects carries several substantive advantages worth weighing when evaluating any residential or commercial unit within the company’s portfolio:

  • Leadership with state-level weight: The presence of Egypt’s former Minister of Housing (March 2019 – July 2024) as Non-Executive Chairman lends the company strong credibility in navigating official urban planning frameworks and the quality standards adopted across the new cities.
  • World-class design partnerships: The collaboration with Architecturestudio (founded 1973, ISO 9001 certified) and Moharram-Bakhoum – ACE (founded 1950, projects in 40+ countries) places the ELM Tree project among a small group of compounds with this caliber of design pedigree.
  • Low-density development model: Dedicating 85% of the ELM Tree compound’s total area to open green landscapes exceeds the average ratios common across many 6th of October projects, which translates directly into stronger long-term rental value and a higher quality of daily living.
  • Location within 6th of October’s northern expansion: Directly on the Boulevard axis and connected to a fast network of roads linking the compound to Sheikh Zayed and the rest of Greater Cairo within minutes, the project offers genuine accessibility while preserving the calm of newly developed surroundings.
  • Flexible payment systems: The company offers several installment options tailored to multiple buyer segments, including both investors and end-users seeking a primary residence, with a modest down payment and flexibility in spreading installments across several years.

Contact ELM Developments

To get the latest information on ELM Developments projects, you can reach the specialized sales team to inquire about current pricing, schedule site visits for available units, and learn about the available payment plans and the latest project updates.

ELM Developments sales number: ‎+201118183030

Available daily from 10 AM to 10 PM

ELM Developments hotline: ‎+201118183030

Available daily from 10 AM to 10 PM

The ELM sales team offers a complimentary real estate consultation that includes a quick assessment of the client’s requirements and budget, recommendations for the most suitable project within the company’s portfolio, on-site visits to available units, and a full presentation of financing and payment options associated with each unit, along with continued follow-up throughout the reservation, contracting, and delivery stages.

Why Choose ELM Developments Projects?

ELM Developments brings together state-level leadership (a former Minister of Housing alongside leading figures in brokerage and design), world-class design partnerships (Architecturestudio + ACE), and a low-density development model in a strategic location within 6th of October. To inquire about the latest pricing, available unit sizes, and to schedule a site visit at ELM Tree Compound, you can reach the ELM Developments sales number at ‎+201118183030 for a complete real estate consultation from the sales team.

Frequently Asked Questions
Who founded ELM Developments?
ELM Developments was founded in 2024 under the leadership of Dr. Yasser Abdel Maksoud as Executive Chairman, with H.E. Dr. Assem El-Gazzar, Egypt's former Minister of Housing (March 2019 – July 2024), serving as Non-Executive Chairman. The board also includes Eng. Shehab El Mahdy, founder of Connect Homes, and Eng. Ahmed Osama ElGaby
What are ELM Developments projects?
ELM Developments currently has one fully integrated project in development: ELM Tree in 6th of October City. The project includes a residential component (apartments and duplexes) and a commercial Mixed-use component under the name Elm Tree Commercial Park, across a total area of 58 feddans
Where are ELM Developments projects located?
ELM Tree Compound is located in the northern expansion of 6th of October City, directly on the Boulevard axis, in close proximity to Waslet Dahshour, the Cairo-Alexandria Desert Road, and Mall of Arabia
Is ELM Developments a reliable company?
ELM Developments draws its credibility from the weight of its leadership (a former Minister of Housing alongside leading figures in real estate brokerage and design serving on the board) and from its design partnerships with French Architecturestudio (founded 1973, ISO 9001 certified) and Moharram-Bakhoum – ACE Consulting Engineers (founded 1950, with projects in 40+ countries).
What are the prices in ELM Developments projects?
Unit prices in ELM Tree Compound 6th of October start from EGP 3,900,000, with flexible payment plans spread across several years. Prices vary based on unit size, type (apartment or duplex), and location within the compound.
How large is ELM Tree Compound in 6th of October?
ELM Tree spans a total area of 58 feddans, with 36 feddans dedicated to low-density residential units, while 85% of the total compound area is reserved for open green landscapes, a cycling and walking promenade, and recreational facilities
What is ELM Developments sales number?
The ELM Developments sales number is ‎+201118183030, available daily from 10 AM to 10 PM for inquiries about the latest pricing, payment plans, and booking site visits.
What is ELM Developments hotline?
The ELM Developments hotline is ‎+201118183030, available daily from 10 AM to 10 PM, offering complimentary real estate consultation and on-site visit scheduling
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