SEIF Developments

SEIF Developments is one of the companies that established its name in western Alexandria before expanding into the North Coast.

The company operates under the leadership of Engineer Khamis Omar, Chairman of the Board, and according to his press statements, the company has delivered more than 36 projects to its clients since its launch, with more than 20 years of experience in the Egyptian real estate market.

The company’s current portfolio is distributed between coastal projects in the North Coast and New Alamein, as well as residential and commercial projects in Alexandria and Borg El Arab, with prices starting at approximately EGP 1,600,000 for chalet units, along with payment plans extending to 10 years and varying from one phase to another.

About SEIF Developments

SEIF Developments was established in 1998 and began its operations specifically in western Alexandria, where the market at the time relied on relatively small local developers.

The company was therefore able to build a stable customer base by offering units at prices suitable for a broad segment of clients and maintaining its handover schedules.

Engineer Khamis Omar leads the company as its Chairman and owner. He is a well-known name in the western Alexandria market, particularly in the Agami area, as his name has been associated with numerous residential and commercial projects developed in the area over the past two decades.

The company’s activities are not limited to residential development. Its portfolio includes three main business lines: tourist villages and resorts along the Mediterranean, residential projects in Alexandria and Borg El Arab, and commercial centers, most notably Alex City Mall. This has given the company diversified revenue sources rather than relying on a single sector.

According to statements by the Chairman to specialized media outlets, the company’s customer base has exceeded 4,000 clients, while its annual investments exceed EGP 1 billion. The company alone allocated EGP 1 billion to develop the first phase of Soly Coast, reflecting the scale of its commitment to expanding in the coastal market.

The biggest shift in the company’s journey came with its move into the North Coast. According to the Chairman, the decision was preceded by more than two years of study, after which the company launched its first coastal projects at Kilometer 82 on the Alexandria–Matrouh Road.

SEIF Developments Board of Directors

Engineer Khamis Omar serves as Chairman and owner of the company. His name appears in all official statements published regarding expansion plans, payment plans, and investment volumes, making him the company’s primary executive representative before the market and its clients.

Some sources indicate that the entity was originally established by the late Mohamed Ali Seif. This information appeared in a single source and has not been confirmed by other independent sources to date, while the company has not published a detailed list of its other board members or its CEO on its official channels.

SEIF Developments’ Real Estate Development Philosophy

The company’s philosophy is based on the concept of a carefully planned mid-sized project rather than a massive development. Its coastal projects are launched on limited areas that allow phases to be completed and handed over within shorter periods.

This approach reduces risk for the client and makes adherence to handover schedules easier from an execution standpoint.

This approach is reflected in the allocation of spaces within each project. At Soly Coast, the company allocated 6 feddans out of a total of 16 feddans exclusively to services and facilities, resulting in a low building ratio compared with the average in the coastal market, while maintaining privacy and open spaces.

The company also relies on offering units with small areas starting from 44 m². This is a clear pricing strategy targeting first-time buyers and those looking for a vacation home within a limited budget, rather than competing in the category of villas and larger units.

SEIF Developments’ Vision

On its official channels, the company describes itself as an entity engaged in both construction and real estate development, offering residential, commercial, and mixed-use projects based on quality, sustainability, and customer satisfaction, with an execution methodology that relies on precision and planning for every stage of the project.

SEIF Developments’ Objectives

• Expansion beyond Alexandria and the North Coast: Launching two new projects in eastern and western Cairo, with the nearer project in Sheikh Zayed City followed by a project in the Fifth Settlement, according to a plan announced by the Chairman.
• Strengthening its presence on the North Coast: Launching three consecutive coastal projects instead of a single project, transforming the company from a local developer into a permanent player in the coastal market.
• Reaching Gulf buyers: Participating in real estate events in the Saudi market to present its coastal projects directly to investors there.
• Maintaining an accessible price segment: Continuing to offer units with small areas and extended payment plans of up to 10 years, with a down payment not exceeding 10% in most phases.
• Relying on commercial centers as a secondary revenue stream: Developing and managing commercial centers in partnership with international operators alongside its residential and coastal activities.

SEIF Developments’ Strategic Partnerships

• Majid Al Futtaim — Carrefour: An operational partnership at Alex City Mall in Alexandria, where Carrefour serves as the main operator of the commercial space. This is the company’s most prominent documented partnership with a major regional group.
• Cerido Exhibition — Egyptian Pavilion in Jeddah: The company participated in the Egyptian Pavilion at the exhibition held at Jeddah Superdome in September 2026 to showcase its coastal projects to investors in the Saudi market.

For inquiries about new investment partnerships with SEIF Developments, you can contact the SEIF Developments hotline ‎+201118183030 to obtain all details from the sales team.

SEIF Developments’ Track Record

The table shows that the company’s historical strength lies in Alexandria and Borg El Arab, while all of its recent expansion is concentrated around Kilometer 82 and its surrounding area, close to New Alamein.

Investment Alternatives on the North Coast on Our Website

SEIF Developments projects have not yet been added to the project’s database on the website, so this section presents coastal projects available on the website that are located in approximately the same geographical area and can be compared in terms of location, price segment, and payment plans.

Projects Near Kilometer 80 and the Marina Area

• Smeralda Bay Village: Located within the upscale coastal strip, it suits buyers seeking a broader range of services and direct sea views.
• Cali Coast Village: Offers a different model in coastal unit design, with a clear focus on open spaces and internal service areas within the village.
• Perla Village: Offers coastal units in a range of areas within an integrated service environment, making it suitable for buyers seeking a moderately priced unit close to major access routes.
• D-Bay Village: Offers chalets with open sea views within a stepped design, suitable for buyers looking for a ready unit with medium-sized areas in a slightly higher price range.
• Marina 8 Village: Located in the heart of the Marina area and geographically closest to Soly Coast, it offers vacation units within a fully serviced area that has been well known among vacationers for many years.
• Marseilia Beach 5: Includes chalets in a competitive price range within a coastal community with a track record of handovers in the area, making it a logical comparison for buyers choosing between an under-construction project and another by a developer with delivered phases.

Projects in New Alamein and Sidi Abdel Rahman

• Bianchi Village: Offers a combination of coastal units and seasonal entertainment activities and is one of the established names in Sidi Abdel Rahman.
• Jamila Village: Offers a quiet coastal experience in the Sidi Abdel Rahman area, with a range of unit sizes starting from chalets and extending to family units.
• Salt Village: One of the projects with a distinctive design character in the same area, targeting buyers seeking a visual identity different from traditional villages.
• Winter New Alamein Village: Offers units within the new city with extended payment plans and benefits from the city’s existing infrastructure and government services.
• Fouka Bay Village: Located in the Ras El Hekma area, which the company’s Chairman noted has transformed the demand map of the entire North Coast.
• Latin District: Represents the leading destination within New Alamein, with residential units suitable for year-round living rather than summer vacations only, which is a fundamental difference from seasonal villages.
• Shamasi Village: Includes coastal units targeting short-term investment and seasonal rentals, offering a different angle from the family-oriented usage prevalent in other projects.
• Hacienda Bay Village: Remains one of the most stable projects in the North Coast resale market, an indicator of interest to buyers considering returns rather than personal use alone.

For inquiries about the latest prices and to book a viewing of any SEIF Developments projects, you can contact the SEIF Developments sales number ‎+201118183030 to receive price offers and installment schedules.

Advantages of Investing in SEIF Developments Projects

• Low entry point into the coastal market: Chalet areas start from 44 m² and reach approximately 100 m². This category is relatively rare on the North Coast, where most projects tend to offer larger areas, opening the market to a broader segment of buyers.
• Extended payment plans with a low down payment: The company offers a down payment starting at 10%, with installments extending to 10 years in some phases, despite handover being scheduled within a shorter period. This allows the buyer to recycle capital or reduce the monthly financial commitment.
• Low building density: Allocating 6 feddans to services out of a total of 16 feddans means a limited building ratio, a factor that directly affects the quality of use and future resale value.
• Actual handover track record: Unlike new developers entering the coastal market, the company enters the North Coast with a previous handover portfolio in Alexandria and Borg El Arab, giving buyers a reference point against which to assess the company’s adherence to schedules.
• Fully serviced location: Soly Coast’s location opposite Zahran Mall, a few minutes from Marina and 12 kilometers from New Alamein, means that surrounding services are already established, and the project does not depend on future services that have yet to be implemented.

Contact SEIF Developments

To obtain the latest information about SEIF Developments projects, you can contact the specialized sales team to inquire about prices, book viewings, and learn about payment plan details.

• SEIF Developments Sales Number: ‎+201118183030 (Available daily from 10 AM to 10 PM)
• SEIF Developments Hotline: ‎+201118183030 (Available daily from 10 AM to 10 PM)

SEIF Developments’ sales team provides a free real estate consultation that includes a quick analysis of the client’s needs and budget, recommendations for the most suitable project from the company’s portfolio, on-site viewings of available units, and a presentation of all financing and payment alternatives.

Why Choose SEIF Developments Projects ?

SEIF Developments combines a handover track record spanning more than two decades in western Alexandria, a price range starting at approximately EGP 1,600,000, among the lowest on the coastal strip, and low building density that helps preserve the unit’s value over the long term.

For inquiries about the latest prices, available areas, and installment schedules, you can contact the SEIF Developments sales number: ‎+201118183030 to receive a comprehensive real estate consultation and view the units in person.