Shary
STM Developments

STM Developments

projects
2
units available
27

Shary developer index

Last updated October 2026
61 out of 100

Shary Index

How is it calculated?

Liquidity and selling speed — 19%
Price growth after delivery — 20%
On-time delivery — 10%
Financial solvency — 15%
Developer growth — 10%
Product quality — 9%
Services and facilities — 4%
Service and support — 4%

The developer index is a score out of 100 from 8 factors that measure the developer's record across all projects.

Where do these numbers come from? The average index of the developer's published projects; if the Shary team enters a score or breakdown for the developer in the dashboard, that is shown instead. The developer is ranked by the same score on the Shary Index page.

Projects

Delivered projects
2
Under construction
0
New projects
0

Developer’s areas

STM projects

2 results available

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About STM

Key Information About STM Developments

STM Developments operates in the Egyptian market through investment, development, and project management activities, with a clear focus on East Cairo. Its known portfolio is located in New Cairo and El Shorouk, while some corporate details, including the establishment year, shareholders, and capital, have not been published through sufficiently verified sources to present them as confirmed facts.

STM Developments is associated with three commonly referenced project names: Mayan New Cairo, Mayan El Shorouk, and Eleven New Cairo. Mayan New Cairo covers approximately 48 feddans. The company also offers fully finished units in some of its projects, although no verified figures are available for total investment value or the number of delivered units.

The company’s approach focuses on ready-to-move or near-handover units. This may reduce part of the construction risk and allow buyers to occupy or rent their properties sooner. Its competitive position is based on its East Cairo presence and fully finished units, while buyers should still review licences, land documents, and the delivery record before purchasing.

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About STM Developments

STM Developments presents itself as an investment, development, and management company rather than only a traditional residential developer. No verified establishment date appears in the available sources, although some marketing materials refer to more than 20 years of experience. This statement cannot be converted into a specific founding year, and no confirmed information is available about the founder, chairman, or ownership structure.

History and Development of STM Developments

The published history of STM Developments is centred on residential projects in East Cairo, including Mayan in New Cairo and El Shorouk, followed by the appearance of the Eleven name in New Cairo. No official timeline is available to establish when each entity was launched or when the company moved between these projects. The available information shows a limited portfolio that requires a clear distinction between project names and development phases.

Some sources describe Mayan New Cairo as a development covering 48 feddans near the Old Suez Road, while other materials refer to Eleven as offering fully finished, ready-to-move units. This similarity raises an important question about the relationship between the two names. They may be separate projects, or one name may refer to a phase or a remarketing process, which requires an official company statement.

Vision and Mission of STM Developments

The published vision of STM Developments focuses on creating residential destinations that can be effectively managed and operated, with attention to construction quality, finishing standards, and near-term handover. The company’s practical direction appears more clearly through the units it offers than through its published corporate information. Its vision can therefore be assessed through the final product, maintenance quality, and delivery speed rather than marketing statements alone.

  • No property awards supported by named awarding organisations and specific dates have been published for the company.
  • The company has not announced verified quality or sustainability certifications connected to its residential projects.
  • Its main published achievement is the release of fully finished units in New Cairo, alongside projects in two key East Cairo locations.
  • No official figures have been announced for the number of delivered units or the company’s total land portfolio.

STM Developments Projects

STM Developments is associated with a residential portfolio concentrated in New Cairo and El Shorouk. The available list includes three main names, although the legal and marketing relationship between Mayan New Cairo and Eleven should be verified before they are definitively classified as separate projects.

  • Mayan New Cairo.
  • Mayan El Shorouk.
  • Eleven New Cairo.

Frequently asked questions

Which payment plans are available?
There are projects with installments up to 10 years, and the plan differs from one project to another.
Can I sell my unit before delivery?
It depends on the contract terms and how much has been paid. Contact us and we will go through the resale terms of your project with you.
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