Sky AD Developments is the real estate arm of Diamond Group, the Emirati holding company owned by H.E. Saleh Mohammed Bin Nasra Al Ameri. The group manages an investment portfolio exceeding USD 1 billion and has delivered more than 17 projects across the United Arab Emirates, spanning residential towers, hospitals, schools, and sports clubs. Sky AD has expanded its operations into the Egyptian market, building a growing portfolio of residential, commercial, and coastal developments in the New Administrative Capital, New Cairo, the North Coast, and the Sixth Settlement. The company’s first launch in Egypt was Residence Eight, which sold out in less than a year, followed by Capital Avenue, the African Property Awards winner for best mixed-use project in Egypt.
Sky AD Developments belongs to Diamond Group, an Emirati investment group with operations spanning real estate development, construction, facility management, and recreational, healthcare, and educational services. The group owns a network of specialized subsidiaries that handle every aspect of project delivery, giving Sky AD the ability to execute fully integrated developments without depending on external contractors for major components.
The group was founded by H.E. Saleh Mohammed Bin Nasra Al Ameri, Chairman of the Board, who also chairs several other major real estate entities including Al Shorfa, Ishraq, and the Golden Group. Beyond his prominence in Emirati business circles, H.E. Al Ameri has held a long diplomatic career, serving as the UAE Ambassador to Qatar, founder of the country’s embassy in Sweden, UAE Consul in London, and a representative of the State in Geneva. He began his professional life at fourteen managing his father’s properties before establishing Diamond Group and growing its investment portfolio to over USD 1 billion.
On the executive side, Eng. Abdelrahman Agami serves as Chief Executive Officer of both Diamond Group and Sky AD Developments. With more than 26 years of experience in civil engineering and business management, he began his career as a civil engineer before serving as General Manager of NGCC in Al Ain, then taking on the role of CEO of Diamond Group. Eng. Agami is a graduate of the Faculty of Engineering at Assiut University and holds an MBA from the American University of Sharjah’s School of Business.
The group’s operating model includes a network of subsidiaries in the UAE, covering Multqa Al Qanawat for general contracting and maintenance, Cromwell for sports clubs and facility management, Golden Diamond Estate Investment, a comprehensive building cleaning company, and Royal Gym Ladies. In Egypt, Sky AD Developments operates as the group’s sole subsidiary, with its head office located at Building 10B on Mohamed Naguib Axis, opposite O1 Mall in the Fifth Settlement of New Cairo.
Explore Sky AD Developments’ projects in Egypt
Sky AD Developments builds its philosophy around the concept of integrated communities that bring residential, commercial, recreational, healthcare, and educational services together in a single destination. This is the model Diamond Group has applied successfully in the UAE before transferring it to the Egyptian market. The company dedicates a significant portion of each project’s footprint to green areas and open spaces, with ratios reaching above 80% in some developments, which gives residents a calmer environment away from the high-density construction common in older urban areas and adds long-term value to the units.
The company collaborates with leading international design consultancies on every flagship project. Bluetree in New Cairo was developed in partnership with JZMK Partners, the renowned American firm specialized in master-planning luxury residential communities. One Residence in the New Administrative Capital was designed in collaboration with Eklego Studio, while the coastal flagship Sky North in Ras El Hekma was entrusted to WATG London, an internationally recognized firm with a long track record in luxury hospitality and resort design.
Beyond its emphasis on design quality, Sky AD remains committed to delivering projects on schedule and to international construction standards. The company diversifies its product mix across residential units, commercial centers, administrative offices, medical clinics, and coastal resorts, building a varied portfolio that serves different customer segments and meets the growing demand in Egypt’s new urban areas.
The company operates under the motto “Brighter Life Now”, which reflects its vision of delivering a more vibrant lifestyle that balances modern luxury with sustainability. This philosophy shows in the generous allocation of green areas, safe cycling lanes, jogging tracks, and wellness zones across every project, alongside thoughtful unit layouts that maximize natural light and ventilation. These details are clearly evident in projects such as Bluetree and Residence Eight, both of which sold out in record time thanks to these standards.
Several of Sky AD’s Egyptian projects have earned major regional recognition in real estate development. Capital Avenue received the African Property Awards for best mixed-use project in Egypt, while Residence Eight won the same prestigious award as best residential project in Egypt. Bluetree in New Cairo also took home the African Property Award in the residential development category. These three consecutive wins reflect the level of quality the company applies to every new launch and confirm industry confidence in its design and execution standards.
In addition to its awards record, the company participates regularly in Cityscape Egypt, the largest real estate exhibition in Egypt and Africa, with attendance across four consecutive editions to showcase its latest projects to investors and clients. Sky AD also draws on the deep expertise of Diamond Group in the UAE, which includes the development of Al Ain Cromwell Hospital at a value of AED 300 million and Abu Dhabi Ladies Club spanning 19,940 sqm. This regional foundation gives Sky AD a substantial base of experience that translates directly into the quality of its Egyptian operations.
The combined track record of Sky AD Developments and its parent Diamond Group spans the UAE and Egypt, covering residential, commercial, hospitality, healthcare, education, and sports projects. The table below highlights the most prominent developments and their current status:
| Project | Location | Type | Area / Value | Status |
|---|---|---|---|---|
| Residence Eight | R8, New Administrative Capital | Residential / Commercial | 23 acres – 1,000 units | Sold out |
| Capital Avenue | R8, New Administrative Capital | Commercial / Administrative / Medical | 21,000 sqm | Under construction |
| Bluetree | Golden Square, New Cairo | Residential | 50 acres – 1,300 units | Under construction |
| One Residence | New Administrative Capital | Residential / Commercial | 21,000 sqm | Under construction |
| Sky North | Ras El Hekma, North Coast | Coastal | 430 acres – EGP 80 billion | Under construction |
| Vallis | Sixth Settlement | Residential | 75 acres | Under construction |
| Najmat Abu Dhabi Tower | Abu Dhabi, UAE | Residential | 89,440 sqm – 482 units | Delivered |
| Al Ain Cromwell Hospital | Al Ain, UAE | Medical | 25,000 sqm – AED 300 million | Delivered |
| Ayia Napa Compound | Saadiyat Island, Abu Dhabi | Residential | 36,700 sqm – 80 villas | Delivered |
| Abu Dhabi Ladies Club | Abu Dhabi, UAE | Recreational / Sports | 19,940 sqm – AED 150 million | Delivered |
| Al Rabeeh Academy and High School | Abu Dhabi and Al Reem Island | Educational | AED 400 million | Delivered |
| Offices and Commercial Buildings | Reem Island, Abu Dhabi | Commercial / Administrative | 69,500 sqm – AED 300 million | Delivered |
| Multiple Residential Towers | Danet, Saraya, and Al Raha Beach | Residential | Over AED 576 million | Delivered |
This range reveals the company’s ability to manage diverse projects with budgets that reach tens of billions on certain launches, while maintaining quality standards in both delivery and design. The geographic expansion is equally notable, stretching from Abu Dhabi and Al Ain in the UAE to the New Administrative Capital, New Cairo, North Coast, and Sixth Settlement in Egypt, reinforcing the company’s standing as a regional developer with cross-border experience.
Discover Sky AD Developments’ track record in detail
Our website currently features one of Sky AD Developments’ projects in Egypt, while the company’s broader portfolio includes additional residential, commercial, and coastal developments across the country. Below is an overview of the available project along with brief details on the rest of Sky AD’s Egyptian portfolio.
Vallis Compound stands as Sky AD’s most recent launch in eastern Cairo, located directly along the Middle Ring Road in the Sixth Settlement area. The compound spans 75 acres with a deliberately low building footprint that prioritizes open spaces and green zones, designed under a master plan inspired by the concept of a valley where nature integrates with the residential fabric.
The project includes a varied unit mix featuring apartments, townhouses, iVillas, and standalone villas, with sizes starting from 70 sqm for apartments and extending up to large standalone villas. Unit prices begin at EGP 4,000,000 with a 10% down payment and an installment plan extending over nine years, alongside a reservation deposit of EGP 100,000 to secure unit selection priority. To explore additional projects in the area, visit our dedicated page for the Sixth Settlement.
The company maintains a wider portfolio of major developments that includes Residence Eight, Capital Avenue, and One Residence in the New Administrative Capital, alongside the African Property Awards-winning Bluetree in New Cairo, which spans 50 acres, hosts approximately 1,300 residential units, and dedicates roughly 81% of its master plan to open spaces.
On the coast, the company’s flagship resort Sky North sits at kilometer 246 of the Alexandria–Marsa Matrouh Road in Ras El Hekma, extending across 430 acres with investments exceeding EGP 80 billion and a building footprint of only 13%. The resort delivers a varied unit mix ranging from cabins and chalets to townhouses, twin houses, and standalone villas, with prices starting from EGP 8,500,000. Browse our broader selection of similar developments through our coastal projects directory.
Schedule a viewing for one of Sky AD Developments’ projects
Sky AD Developments brings together more than two decades of regional experience in the UAE with a rapidly expanding Egyptian portfolio that spans the New Administrative Capital, New Cairo, the North Coast, and the Sixth Settlement. The company offers residential, commercial, and coastal options across a range of price points and payment structures designed to fit diverse buyer profiles. To learn more about the latest pricing, payment plans, or to schedule a viewing for any of Sky AD Developments’ projects, the sales team is available directly through the channels below.
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