Dar Al Alamia Developments has commenced construction on Acasa Alma, a residential community in the Sixth Settlement area of New Cairo, with total investments estimated at EGP 7bn.
Spanning 16 feddans, the project features townhouses, duplexes, and apartments, with more than 85% of the land dedicated to landscaped and open spaces. Designed as a low-density residential model, Acasa Alma will also include service and recreational facilities to support daily living needs.
The company announced a partnership with Frontline Consulting to manage sales strategy and revenue planning.
Ahmed Saleh, CEO of Dar Al Alamia Developments, said the project reflects the company’s commitment to developing residential communities that respond to evolving market demand and customer preferences, while emphasizing sustainability and modern urban planning standards.
Engineering design is being handled by GID Integrated Designs Group, while Inversion for Consultancy, Project Management, and Development is overseeing consultancy and project management services.
Dar Al Alamia noted that Acasa Alma is part of its broader expansion in Egypt’s real estate market, following the launch of Acasa New Cairo in 2021 and Acasa Mia in 2023.
