Ajna Developments

Ajna Developments: An Innovative Vision Redefining Luxury Living in Egypt

Ajna Developments was established in 2019, carrying a clear and distinctive slogan from its very first moment in the market: "Places to Keep". This vision reflects the company's desire to craft living spaces whose impact and attractiveness extend across time by offering luxury, hassle-free residential experiences. Through this approach, the company aims to ensure sustainable, long-term investment value for all owners and visitors alike.

The company's launch was not a coincidence; rather, it was built upon a solid background of accumulated experience held by its shareholders and board of directors, spanning more than 27 years. This expertise varies across real estate investment, contracting, trade, and manufacturing, allowing the company to formulate construction and operational strategies based on international standards and fourth-generation smart cities.

Leadership Talents Behind the Success Story

Behind the excellence and distinctiveness of every Ajna project stands an integrated, professional management team that combines strategic vision with long field experience. This administrative synergy has contributed to managing a huge portfolio across the Middle East, including contributing to the development of about 25 diverse residential and commercial real estate projects. This represents a total of approximately 8,000 residential units executed on an area close to one million square meters, with an investment volume estimated at about 25 billion EGP.

The executive leadership of the company includes a selection of the most prominent names in the engineering and real estate business sector:

• Eng. Osama Shalaby (Chief Executive Officer): He possesses extensive experience exceeding 20 years in the fields of planning, business management, and establishing engineering consultancies. He is the driving force behind the company's executive vision.

• Eng. Ashraf Mansour (Vice Chairman of the Board): He enjoys more than 27 years of experience in contracting, investment, and manufacturing, and has a clear imprint on developing modern construction concepts in Egypt.

• Eng. Amr Mahmoud Eid (Chief Development Officer - CDO): With a professional background spanning more than 16 years in architecture, urban planning, and landscape design inside and outside Egypt.

Pillars of Excellence and Goals of Ajna Real Estate Company

The company is committed to a set of solid values and guiding principles that have allowed it to secure a prestigious position and gain the trust of a wide segment of clients and investors in a short period:

• Putting the Customer First: Accurately studying market needs to provide residential and coastal solutions that meet the aspirations of owners and grant them full luxury.

• Strict Commitment to the Timeline: The company is keen on delivering all its projects without any delay, implementing the principle of credibility and transparency.

• Sustainability and Modern Technologies: Utilizing modern construction techniques and high-quality foundational materials, with a focus on environmental standards and green spaces to reduce emissions and provide a healthy environment.

• Flexible Financial Solutions: Offering units at carefully studied competitive prices, while providing extended payment plans that guarantee the highest investment return with the lowest down payment.

Ajna Track Record: Communities Designed to Last

The true distinction of the company is evident when looking at the exceptional Ajna track record. The company has successfully chosen highly vital geographical locations to implement its architectural ideas, distributing its investments between urban housing and luxury coastal resorts. Below is a detailed breakdown of all the company's current projects:

First: Carnelia Ain Sokhna Resort

This iconic project represents the waterfront of the company's coastal investment, as it was designed to be a world-class tourist resort competing with the most beautiful beach destinations.

• Strategic Location: The resort is located in a unique spot in Ain Sokhna, directly adjacent to the international yacht marina at Porto Sokhna and a short distance from the main Sokhna gates, making it easily and quickly accessible from Cairo.

• Area and Architectural Design: The resort spans an area of 100 acres. The company relied in its design on a natural terraced system with carefully planned elevations, which guarantees all units without exception a charming and direct panoramic view of the Red Sea waters. The project features a private sandy beach extending 650 meters in length.

• Diverse Housing Options: Units within the resort vary to include chalets starting from one bedroom up to three bedrooms, townhouses, twin houses, in addition to standalone villas, with flexible spaces ranging from 55 square meters to 260 square meters to suit small and large families.

• Delivery and Prices: The company has already begun delivery operations for some construction phases. Unit prices generally start from 3.8 to 5.8 million EGP (depending on the unit type and launch date), with a flexible payment plan allowing the buyer to pay a 5% down payment and installments extending up to 10 years.

• Marea Phase: This is the latest phase launched within Carnelia, specifically designed to offer an exceptional beach lifestyle focused on absolute privacy and luxury.

Second: Eastville New Cairo Compound

Moving to modern urban living, the company presented this compound to be a distinguished residential edifice combining luxury and tranquility in the heart of the city.

• The Location: The compound is located in the Fifth Settlement, New Cairo, which is a vital location connecting it directly to the most important commercial, service, and educational axes in the region.

• Area and Sustainable Environment: The project spans an area of 20 acres, with the largest portion allocated to landscapes, advanced water features, and gardens featuring rare trees to create a pure, sustainable residential environment resistant to city noise.

• Integrated Services and Facilities: The compound includes a sophisticated service package featuring a social clubhouse, an integrated retail strip to meet shopping needs, a equipped gym, extended underground parking, in addition to an advanced security system and surveillance cameras operating around the clock.

• Unit Types and Prices: The project is dedicated to luxury villas, townhouses, twin houses, and hotel units, with spaces starting from 46 square meters up to 290 square meters. Unit prices in Eastville start from 14,000,000 EGP, with comfortable payment systems based on a 5% down payment and equal installments up to 10 years.

Third: Kasakuon New Cairo Phase

Confirming the diversity of Ajna company projects, the Kasakuon phase was launched as the latest luxury hotel and residential extension belonging to the company's projects in the New Cairo area. This phase targets investors and clients looking for a lifestyle that merges residential privacy with premium hotel services (Luxury Serviced Units).

• Professional Management and Operation: To ensure the highest levels of service and hospitality, the company contracted with the international "Prime Hospitality" company to handle the management, operation, and continuous maintenance of these units.

• Nature of the Units: The phase includes senior studios, suites, in addition to luxurious presidential suites. All these units are delivered to clients with luxurious interior finishes, elegant decorative designs, and are fully equipped for immediate hotel operation or investment.

Strategic Partnerships as a Safety Factor for the Investor

Ajna's vision does not stop at the boundaries of construction; it extends to after-sales service. Attracting international operating companies like "Prime Hospitality" reflects how aware the executive management is of the importance of maintaining the real estate value of the project in the long term. This management style ensures that facilities, services, and green spaces remain in ideal condition over the years. This raises the rental and market value of the units, making investment in any Ajna project a real, safe, and profitable opportunity.