STM Developments is the real estate development arm of Space Tank Management, founded and led by Engineer Shady Selim. The company combines proprietary market intelligence through its Real Estate Compass platform with strategic partnerships across Egypt's leading residential developments.
Projects by Space tank management developments (STM)
STM Developments is the real estate development arm of Space Tank Management, an Egyptian joint-stock company led by Founding CEO Engineer Shady Selim. The company has expanded from its original specialty in real estate consulting and commercial facility management into direct residential development, with a portfolio that now includes 3 residential projects on our website spanning New Cairo and the New Administrative Capital, alongside development partnerships and advisory roles within five additional major projects. Unit prices start at EGP 8,650,000 in Mayan Compound and reach EGP 26,000,000 for STM-owned units inside La Vista City.
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Space Tank Management (STM) is an Egyptian joint-stock company operating across multiple sectors that include real estate consulting, commercial facility management, entertainment center development, and direct residential real estate development. The company is led by Engineer Shady Selim as its Founding CEO, supported by a senior team of professionals heading the commercial, marketing, digital infrastructure, and research divisions.
STM entered the Egyptian market through commercial facility management before later expanding into direct real estate development. The company began with contracts to manage 4 commercial malls across a leasable area of nearly 100,000 square meters for three of the largest property developers in the Fifth Settlement, the New Administrative Capital, and Sheikh Zayed, in addition to operating amusement and entertainment zones. Building on this foundation, STM secured partnerships with several leading Egyptian developers, including City Edge, Emaar Misr, Sky Abu Dhabi, Orascom Investment Holding, Melee, New Hawai, EBNY, and UpWyde.
What truly distinguishes STM at the sector level is its launch of the Real Estate Compass platform, an analytical tool that delivers an integrated data environment for developers and investors. The platform covers all major Egyptian geographic markets — from East and West Cairo to the North Coast and the Red Sea — and according to the company’s official statements, ten leading development firms have already signed contracts to use it since launch. This positioning gives STM an unusual profile in the market: a developer that operates with proprietary market intelligence informing every site selection and pricing decision, rather than relying on industry consensus alone.
STM Developments Board of Directors
STM Developments is run by a senior leadership team of specialists, each heading a distinct vertical inside the company. This structure allows STM to operate its development arm efficiently in parallel with its core consulting and facility management activities. The key members of the leadership team are:
Engineer Shady Selim — Founding CEO: Architect of the company’s strategic vision and the leader behind its evolution from a consulting firm into an integrated real estate group.
Yasser Azkoul — Head of Commercial Sector: Oversees commercial site development and market positioning, alongside managing the integrated operations that ensure measurable, sustained results.
Mariana Aziz — Head of Brand and Marketing: Responsible for the corporate identity strategy and STM’s market positioning across the Egyptian real estate sector.
Dr. Ayman Bayram — Head of Digital Infrastructure: Leads the design of secure, scalable technology systems that support operational efficiency and the company’s growth requirements.
Mohamed Kamal — Head of Research and Development: The executive behind the Real Estate Compass product and the market intelligence outputs used by STM and its developer clients.
Compare STM Developments projects and find the right fit for your budget
STM‘s philosophy rests on three pillars that set it apart from the conventional development model in the Egyptian market. The first is the “Build Before Sell” approach, where the company advances construction to mature stages before opening sales, giving the buyer a chance to see what they are purchasing on the ground rather than relying on architectural renderings.
The second pillar is strategic site selection, with the company concentrating on areas of stable residential demand and high service density such as New Cairo and the New Administrative Capital, rather than pushing into regions where infrastructure has not yet matured. This discipline secures strong resale value and elevated rental yields for unit owners.
The third pillar is fully finished delivery and rapid handover. STM units are handed over complete, sparing the buyer the burden of finishing work or waiting through long delivery cycles. This compresses the gap between contract signing and actual use of the unit, whether for residential occupancy or rental income.
STM Developments Vision
STM aims to become the most credible name in delivering real estate as a finished, well-researched product rather than a long-term promise that is hard to evaluate at the point of purchase. The company pursues this vision by combining its market analytics expertise with disciplined construction quality and site selection that retains long-term investment value, so that every project becomes a genuine asset adding value to the buyer’s portfolio from day one.
STM Developments Goals
Expanding direct residential development: Gradually transitioning from a partnership-driven model to a portfolio of projects fully owned by STM Developments.
Developing rapid-handover units: Offering a different product compared with the off-plan sales model that dominates the Egyptian market.
Providing flexible payment systems: Reaching up to 10 years interest-free to make ownership accessible to a broader segment of buyers.
Advancing the Real Estate Compass platform: Strengthening transparency in the Egyptian property market and providing reliable analytical data to developers and investors.
Expanding strategic partnerships: Entering new collaborations with leading developers across both residential development and commercial and entertainment facility management.
STM Developments’ Strategic Partnerships
The partnership portfolio that STM has built in a short period stands as one of its most distinctive assets in the market. These partnerships are not formed casually in Egyptian real estate — they require strong financial standing and a documented execution track record, and they serve as implicit endorsements of STM’s readiness to operate as a peer to leading developers. The company’s partnerships span two main sectors:
Residential Development Partnerships
Mountain View Real Estate Development: A partnership in Kayan City Compound, which spans approximately 500 acres and includes more than 1,200 villas according to publicly disclosed data — a partnership that demonstrates STM’s capacity to handle large-scale projects.
La Vista Real Estate Development: Co-developing and marketing units inside La Vista City Compound in the New Administrative Capital, located in District R4, one of La Vista’s largest and most in-demand projects.
IL Cazar Developments: Joint development across a series of East Cairo projects, with the strongest debut coming through Compound Stoda.
Facility Management and Advisory Partnerships
Sky Abu Dhabi Real Estate Development: Outfitting and developing the commercial and service zone inside the BlueTree residential project in New Cairo.
Horizon Egypt Development: Real estate consultancy services for the Saada project.
Melee Developments: Advisory services for the NMQ project.
Extended partnerships with City Edge, Emaar Misr, New Hawai, EBNY, UpWyde, and Orascom Investment Holding across commercial facility management and market advisory engagements.
For inquiries about new investment partnerships and upcoming projects from STM, you can reach the STM Developments hotline at +201118183030 for detailed information from the sales team.
STM Developments Track Record
STM’s track record combines direct development projects under its own brand, joint-development projects with strategic partners, and consulting and commercial facility management engagements. Below is a detailed overview of the company’s portfolio:
This portfolio reveals STM‘s ability to position itself across the most important demand zones in Egyptian real estate at a remarkable pace, with a clear diversification between direct development, partnerships, and advisory work that gives the company resilience across different market cycles.
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Real Estate Capsule features detailed pages for STM’s most prominent projects in the market — whether the company appears as a lead developer or as a development partner. Below is a closer look at each:
STM Projects in New Cairo
Mayan Compound New Cairo is the first project STM is delivering as a sole developer under its own brand. The compound sits at the intersection of Mohamed Naguib Axis and the old Suez Road within the First Settlement, directly opposite the gate of Al Rehab City and facing Swan Lake Residence Compound. It spans 48 acres with roughly 80% of the land allocated to greenery, landscaping, and amenities. The project consists entirely of residential apartments — no villas — with unit sizes starting from 90 sqm and prices starting at EGP 8,650,000, alongside a 10% down payment, installments extending up to 10 years interest-free, and full super lux finishing delivered within one year of contract signing.
Eleven Residence Fifth Settlement is the second of STM’s direct projects in New Cairo, featuring a unique location directly on South 90th Street and facing the main gate of the American University in Cairo. The project sits on just 8 acres with only 8 buildings, following a low-density model that gives every unit greater privacy and wider green areas. The project offers two-bedroom and three-bedroom apartments with sizes ranging from 115 sqm up to 220 sqm, prices starting from EGP 14,600,000, and a Back Loaded payment system that begins with a 5% down payment with progressive installments over 5 years. Units come with full hotel-grade finishing including air conditioners and water heaters, placing the project squarely in the immediate-handover category.
STM Projects in the New Administrative Capital
La Vista City Compound New Administrative Capital is one of the largest projects by La Vista Real Estate Development. It sits in residential District R4 next to the Green River and along the southern Mohamed bin Zayed Axis, spanning approximately 910 acres according to publicly available data from the developer. STM owns and markets a selection of units inside the compound, primarily townhouses and standalone villas, with prices starting from EGP 26,000,000, a 20% down payment, and installments extending up to 4 years.
You can browse other comparable projects in our New Cairo and New Administrative Capital sections for additional options across both markets.
For inquiries about the latest prices and to book a site visit at any of STM‘s projects, you can reach the STM Developments sales number at +201118183030 for full price quotes and complete installment schedules.
Investment Advantages of STM Developments Projects
Investing with STM Developments carries several substantive advantages tied to the company’s operating model rather than to marketing language alone. The most prominent of these are:
Immediate Handover and Full Finishing
STM units are handed over within one year of contract signing with full finishing, eliminating long waiting periods and shortening the gap between payment and actual use. This makes the unit ready to lease the moment it is handed over, which raises the annual rental yield meaningfully.
Faster Liquidity
Finished units are easier to resell than units under construction, since the second buyer can see exactly what they are purchasing instead of relying on drawings. This supports the investor’s ability to exit the investment at a strong price when the need arises.
Flexible Payment Systems
STM offers some of the most flexible payment systems in the market, starting with a 5% down payment in Eleven Residence and 10% in Mayan Compound, with installments extending up to 10 years interest-free in Mayan. This allows the buyer to occupy the unit while paying off the balance from the rental income it generates.
Strong Market Intelligence
The company’s ownership of the Real Estate Compass tool gives it a market data foundation broader than its competitors, which feeds into its pricing decisions and the selection of future project sites. This is an indirect advantage that the buyer benefits from in the form of well-priced, well-located units.
Established Partnership Network
STM’s work with major developers such as Mountain View, La Vista, IL Cazar, Sky Abu Dhabi, and Orascom Investment Holding gives the buyer additional confidence in the company’s ability to execute to the standards of leading developers. These partnerships are not entered casually — they require strict criteria for financial standing and operational expertise.
Book a free preview of an STM Developments project
For the latest information about STM‘s projects, you can connect with the dedicated sales team to inquire about prices, book site visits, and review the available payment options at Mayan Compound, Eleven Residence, and the STM-owned units inside La Vista City.
The STM Developments sales team provides a complimentary real estate consultation that includes a quick analysis of the buyer’s requirements and budget, along with a recommendation of the most suitable project from the company’s portfolio — whether that is Mayan Compound for buyers seeking a residential unit on a long installment plan, Eleven Residence for investors seeking an immediate-handover unit with rapid rental yield, or La Vista City units for those looking for villas and townhouses in the New Administrative Capital. The team also arranges on-site previews of available units and walks the buyer through every available financing and payment option.
Why Choose STM Developments Projects?
STM Developments combines three rare qualities in the current Egyptian market: rapid handover within one year of contract signing, full super lux finishing, and flexible payment terms extending up to 10 years, alongside a strong network of partnerships with major developers such as Mountain View, La Vista, and IL Cazar that provides the company with documented execution credibility despite its recent entry into direct residential development.
For inquiries about the latest prices, available unit sizes, and installment schedules across STM‘s projects, you can reach the STM Developments sales number: +201118183030 for a comprehensive real estate consultation and on-site unit previews.
Space tank management developments (STM) is a real estate developer linked in the Real Estate Capsule directory to published projects including Mayan El Shorouk Compound, Mayan Compound New Cairo, and Eleven Residence New Cairo. Check each project page for its detailed and current information.
Projects currently published under Space tank management developments (STM) are Mayan El Shorouk Compound, Mayan Compound New Cairo, and Eleven Residence New Cairo. Open each project page to review its location, unit options, and available commercial details.
Published Space tank management developments (STM) projects appear in Al Shorouk City and New Cairo. The precise position within each destination varies by development, so check the individual project page for its detailed location.
The published Space tank management developments (STM) portfolio includes classifications such as Residential. These describe the projects listed on the site, and a single mixed-use development may belong to more than one category.
Unit types recorded across published Space tank management developments (STM) projects include Apartments. This does not mean every type is available in every project or phase; current availability must be checked on the project page.
No. Prices and payment plans vary by project, unit type, size, release phase, and current availability. Check the required project page for the latest published details instead of relying on an older quoted figure.
Compare the city and precise location, development and unit type, unit size, delivery schedule, current price, and available payment plan. The project pages linked to Space tank management developments (STM) let you review these details one development at a time.
