Q Developments Company Q Developments was founded in 2016 as an Egyptian joint-stock company and...
Q Developments Company
Q Developments was founded in 2016 as an Egyptian joint-stock company and quickly became one of the leading companies in the Egyptian real estate market. The company is led by Engineer Ahmed Thabet, who serves as the CEO and is considered one of the prominent figures in the real estate development field with over 20 years of experience.
Company Overview
Q Developments owns significant stakes in several specialized companies, which enhances its position in the market:
- 50% of the shares of Chimera Egypt for Contracting.
- 75% of the shares of EG Capital for Contracting.
- 90% of the shares of Q Asset Management, Q Tourism Investment, and Q Art House for Furniture.
The company’s investments amount to approximately 9 billion Egyptian pounds, reflecting its commitment to delivering distinguished real estate projects that meet the needs of the local market.
Key Projects of Q Developments
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Q North Coast:
Located in the Sidi Abdel Rahman area at km 136 on the Alexandria-Marsa Matrouh road.
It spans over 100 acres, with designs that consider low population density.
The project includes a variety of residential units and integrated recreational facilities.
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Q Hills New Zayed:
A luxury residential project located in the New Zayed area.
It offers units with various sizes and modern designs.
Flexible payment options are available for up to 9 years, with plans to deliver the units within 3 years.
Partnerships and Expansions
In line with its expansion efforts, Q Developments announced a partnership with the international Accor Group to build a Novotel Hotel in Sidi Abdel Rahman on the North Coast, adding a new dimension to its investments in the tourism sector.
Company Vision
Q Developments aims to provide high-value, high-quality urban communities, with a focus on innovation and outstanding design. The company works to meet customer needs by providing integrated residential environments that combine comfort and luxury, while adhering to the highest quality standards in all its projects.
Future Investments
The company plans to increase its investments to reach 22 billion Egyptian pounds, with a focus on developing new projects in areas such as the North Coast and New Zayed. It also targets achieving sales of 5 billion Egyptian pounds by the end of the current year, reflecting its continued ambition for growth and expansion.
Conclusion
Q Developments is one of the leading real estate companies in Egypt, thanks to its wise leadership and ambitious strategies. The company continues to develop innovative projects that meet the aspirations of customers, while ensuring the highest levels of quality and excellence in the Egyptian real estate market.
