Sky Abu Dhabi Developments announced the acquisition of a new 75-feddan land plot in the Sixth Settlement area of New Cairo, marking a strategic step that reflects the company’s ongoing expansion plans and its commitment to strengthening its land portfolio in prime locations with high investment value.
This acquisition builds on the company’s growth trajectory in East Cairo, following the success of its Blue Tree project in Golden Square. This move reflects the company’s clear vision in selecting promising locations with strong investment value while developing integrated communities that meet evolving market aspirations.
Scheduled to launch in 2026, the project will be a fully integrated development combining residential and commercial components based on a modern urban vision that aligns with the evolving dynamics of the real estate market and caters to customers seeking integrated communities that offer both quality of life and a diverse range of services. This project aims to provide a comprehensive experience for both residents and investors alike. It also comes at a time when the market is witnessing growing demand for integrated communities, further enhancing its appeal and creating strong anticipation among customers and investors.
“This acquisition marks a pivotal step within our expansion strategy aimed at growing our land portfolio in prime and promising locations with strong investment potential,” remarked Eng. Abdel Rahman Ajami, CEO and Managing Director of Sky Abu Dhabi Developments. “Our site selection is not based solely on present-day considerations, but rather through a long-term vision grounded in a precise understanding of market trends and future needs. Our decision to invest in the Sixth Settlement stems from our strong belief in the area’s significant potential, and we will work on developing a fully integrated project that reflects our philosophy of delivering modern urban communities that combine high-quality design, integrated services, and sustainability, thereby creating real and lasting value for our clients and partners.”
Sky Abu Dhabi Developments places quality standards at the forefront of its priorities. To ensure adherence to these standards, the company is committed to partnering with leading local and international consultancy experts to deliver a fully integrated master plan that reflects the highest standards of quality and planning, while enhancing the long-term investment value of the project.
Sky Abu Dhabi Developments currently boasts a strong and diverse project portfolio, ranging from its latest expansion in the North Coast, to its developments in East Cairo, particularly New Cairo and the New Administrative Capital, and now expanding into the Sixth Settlement, alongside carefully planned expansion strategies in West Cairo. The company consistently focuses on combining prime locations, innovative design, high-quality construction, and integrated services, in collaboration with global partners and experts, to deliver the highest standards of quality for customers and investors while reinforcing its position as one of the leading real estate developers in the Egyptian market.
