Palm Hills at a Glance

History & Founding

Palm Hills Developments was founded in 1997 by Yasseen Mansour as part of the Mansour Group, one of Egypt’s largest private conglomerates (also the parent of McDonald’s Egypt, Mantra Holdings, and Mantra Pharmacies). The company launched Palm Hills Katameya in 2004 — a 1,000-feddan master-planned community in New Cairo that set the standard for premium Egyptian residential developments. Palm Hills Katameya remains operational today and is one of the most successful master-planned communities in Egypt.

In 2007, Palm Hills expanded to the North Coast with Hacienda Bay — a beachfront village on Sidi Abdel Rahman that established the Hacienda brand as the premium-segment standard for the North Coast. Hacienda White followed in 2014, expanding the Hacienda brand westward along Sidi Abdel Rahman. Hacienda Blue launched in 2023 as the third installment of the Hacienda series, with the deepest beachfront positioning of the three.

In 2010, Palm Hills launched Palm Hills New Cairo — a 1,500-feddan inland flagship that became the company’s largest single project and the gold standard for New Cairo resale liquidity. Village de la Capitale (2015) followed in the New Capital, while Palm Hills October (2018) extended the brand into 6th October City. 97 Hills (2022) launched as the company’s modern Sokhna entry.

Badya (2022) marked Palm Hills’ most recent inland mega-project: a 6,000-feddan master-planned community in 6th October City, developed in partnership with the Ministry of Housing. Badya is the most affordable Palm Hills entry point (EGP 5M+) and the company’s flagship for first-time buyers. In 2024, Palm Hills partnered with Marriott International to develop the Ritz-Carlton Residences Cairo — a luxury branded-residence project in New Cairo, marking the company’s entry into ultra-luxury hospitality-branded real estate.

In 2026, Palm Hills is dual-listed on the EGX (PHDC) and the LSE, has delivered 50 projects across 40.5 million sqm, and serves 80,000+ families. The company is one of the most transparent Egyptian real-estate developers, filing annual reports under both stock-exchange regimes and audited by a Big-4 firm.

Signature Projects

Why Invest with Palm Hills

• Brand premium. Palm Hills is the most-recognized premium Egyptian developer brand, with a 28-year track record and 80,000+ served families. Units in flagship projects resell within 60–90 days at full asking price.
• Dual-listed on EGX and LSE. Palm Hills files under both stock-exchange disclosure regimes, audited by a Big-4 firm. Among the most transparent Egyptian real-estate companies.
• Geographic diversification. 50 projects across New Cairo, 6th October, New Capital, North Coast, Sokhna, and the new Alamein city — the most diversified pipeline of any Egyptian developer.
• Joint ventures with global brands. The Ritz-Carlton Residences Cairo partnership with Marriott International is the first ultra-luxury branded-residence project in Egypt, marking Palm Hills’ move into the top tier of the market.
• Capital appreciation track record. Palm Hills Katameya and Palm Hills New Cairo have appreciated 18%–28% YoY since 2020, among the strongest inland performance in the market.
• Resale liquidity leader. When you buy a Palm Hills unit, you buy into the deepest resale pool in Egypt. Listings at Hacienda Bay, Palm Hills NC, and Palm Hills Katameya move within 60–90 days at full asking.

Pricing Methodology & Payment Plans

Methodology. Palm Hills uses a phase-based pricing model with 8%–12% per-phase price increments. Each new phase opens at a base price that reflects the developer’s construction cost + margin + land value, then increases steadily as units sell. Early-bird reservations (within 30 days of phase opening) get the base price plus any active promotion. Late-phase buyers (last 10–20% of units) pay 25%–35% above the base price.

Standard payment plan. 10% down payment on reservation, equal installments over 7–8 years, 10% on delivery. Maintenance deposit 8%–10% of unit value. Active promotions during year-end and Ramadan offer reduced down payments (5%) or extended installments (up to 10 years).

Joint-venture pricing (Ritz-Carlton). The Ritz-Carlton Residences Cairo uses a different pricing structure: 30% down payment, equal installments over 5 years, 20% on handover. Service fees for Ritz-Carlton hospitality management run 1.5%–2% of unit value annually.

Frequently Asked Questions

Palm Hills projects on MAMO:

• North Coast properties hub
• Ain Sokhna properties hub
• Tatweer Misr developer profile
• How to buy property in Egypt
• Contact our Palm Hills specialist