Salam Property Development (SPD) is considered one of the oldest real estate entities in the Egyptian market, boasting more than 27 years of experience since its establishment in 1999 by Engineer Walid El Deeb.
The company began in the cement manufacturing and trading sector, gaining a solid engineering background in construction material quality before steadily transforming into a fully integrated real estate developer with a portfolio of more than 15 projects spanning residential, commercial, and coastal developments across New Cairo, New Damietta, and New Mansoura.
Residential unit prices start from approximately EGP 75,000 per sqm, striking a balance between luxury and competitive pricing, making the company a preferred choice for a wide range of clients and investors.
Salam Property Development (SPD) was established in 1999 and began its journey as one of the leading companies specializing in cement manufacturing, trading, and supplying major governmental and private projects. This provided the company with extensive expertise in construction fundamentals and raw material quality before entering the real estate development sector.
Consequently, its early role as one of the leading suppliers of construction materials for major projects enabled the company to build an integrated team of engineers and specialized technical professionals. It then confidently expanded into contracting and construction, gradually broadening the scope of its operations with remarkable efficiency.
As the market evolved, the company redefined its strategy, transforming from a construction materials supplier into a fully integrated real estate developer under the name (SPD), reflecting modernity and professionalism. It leveraged its industrial expertise to develop projects that combine structural durability with exceptional design, particularly in the Fifth Settlement area of New Cairo.
The company’s business activities span industry, contracting, construction, and real estate development. Its portfolio has expanded to include residential, commercial, administrative, and coastal projects in strategic locations extending from the heart of New Cairo to the Mediterranean coastline in New Damietta and New Mansoura, where the company is widely recognized for its strong presence across the Delta region and new cities.
Today, many market observers consider it one of the leading developers operating in the Delta region due to its extensive portfolio of commercial, residential, and administrative projects that have contributed to the development of these promising coastal cities.
Throughout its journey, the company has successfully developed and delivered a large number of residential and commercial units serving thousands of families and investors. This success is backed by a strong financial position and a reputation built on credibility and commitment to delivery schedules, earning customers’ trust in its brand over more than two and a half decades.
The board of directors of Salam Property Development includes a distinguished group of engineering and administrative professionals with extensive experience in both the industrial and real estate sectors. This leadership team managed the company’s transformation from the cement industry to real estate development by leveraging its deep understanding of construction quality standards. The board includes:
The current leadership follows a philosophy based on “quality from the ground up,” believing that extensive experience in raw materials forms the foundation for delivering long-lasting properties, while maintaining strict adherence to timelines and implementing the latest management and operational systems across its residential and commercial developments.
The company’s philosophy is based on the belief that property quality begins with the quality of its materials. It leverages its industrial background in the cement sector to deliver buildings characterized by durability and sustainability, while integrating engineering expertise with architectural innovation to create distinctive developments.
The company collaborates with specialized engineering consultants and designers to ensure that every project achieves a balance between aesthetic appeal and practical functionality, while maintaining a firm commitment to timely delivery.
This approach is reflected in the company’s adoption of a contemporary design language inspired by European architecture in several of its developments, with special attention given to ventilation, natural lighting, and efficient space utilization within the units.
The company aspires to become a leading model in integrating long-standing industrial expertise with modern real estate development concepts. It aims to redefine the concepts of living and working through sustainable urban communities that combine luxury with practicality, while focusing on expansion in new cities and coastal destinations to meet the needs of future generations.
This vision aligns with the state’s development strategy for new cities such as New Mansoura, New Damietta, and New Cairo, combining modern lifestyles with green spaces and integrated amenities.
The company has enhanced the quality of its projects through collaboration with specialized engineering and management firms, improving the efficiency of design, execution, and operation. Among the most notable partnerships are:
For inquiries regarding new investment partnerships with Salam SPD, you can contact the Salam SPD hotline via +201118183030 to receive detailed information from the sales team.
The company boasts an extensive portfolio of residential, commercial, and coastal developments. The following table highlights its most prominent projects, locations, types, and current statuses:
| Project | Location | Type | Area | Status |
|---|---|---|---|---|
| The Residence Compound Fifth Settlement | Fifth Settlement – New Cairo | Residential | 11.5 feddans | Under Development |
| SPD Business Complex Mall | Fifth Settlement – New Cairo | Commercial & Administrative | 2,100 sqm | Immediate Delivery |
| New Mansoura Mall | New Mansoura | Commercial & Administrative | — | Under Development |
| Boyot New Damietta | New Damietta | Residential | — | — |
| Moria Mall | New Damietta | Commercial & Entertainment | — | Operational |
| Mix Mall | New Damietta | Commercial, Administrative & Medical | — | — |
| Town Plaza | New Damietta | Commercial & Administrative | — | — |
| Naseem Project | New Damietta | Residential | 27,300 sqm | Under Construction |
| Doumy Project | New Damietta | Commercial | — | Under Construction |
The company’s track record demonstrates the diversity of its portfolio and its strong focus on New Damietta, where it first began, before expanding its presence to New Cairo and New Mansoura as part of a geographical expansion strategy spanning more than 15 projects and various development phases.
The Residence Compound Fifth Settlement is the most prominent Salam SPD project featured on our website. It is located on South 90 Street in the heart of the Fifth Settlement, near the American University in Cairo and the Ring Road, spanning an area of 11.5 feddans.
The project offers a variety of residential units, including studios, apartments, and penthouses, with areas starting from 45 sqm. It features a sophisticated architectural design by engineering consultant Mohamed Hafez. Unit prices start from EGP 75,000 per sqm, with flexible payment plans extending up to 12 years, making it an ideal opportunity for upscale living and secure investment at the same time.
The project embodies the concept of modern European living within a fully integrated community. It is strategically located near the Golden Square area, major clubs, and key transportation corridors, while offering green spaces and recreational facilities that provide residents with a peaceful lifestyle in the heart of the Fifth Settlement.
To inquire about the latest prices and book a site visit for any of Salam SPD projects, you can contact the Salam SPD sales number at +201118183030.
The company’s developments feature a range of factors that make them an attractive destination for both investors and homebuyers. Below are the key advantages of investing in its real estate portfolio:
To obtain the latest information about Salam SPD projects, you can contact the specialized sales team to inquire about prices, book site visits, and learn more about the available payment plans across different developments. Call now:
The Salam SPD sales team provides a free real estate consultation that includes analyzing clients’ needs and recommending the most suitable project from the company’s portfolio, in addition to arranging on-site visits for available units and presenting all financing and payment alternatives.
Salam SPD Property Development combines more than a quarter-century of industrial and construction expertise with a diversified portfolio of residential, commercial, and coastal projects in strategic locations, along with flexible payment plans that cater to various customer segments.
To inquire about the latest prices, available unit sizes, and installment schedules, you can contact the Salam SPD sales number at +201118183030 and receive a comprehensive real estate consultation along with an on-site visit to inspect the available units.
