Vallis Compound
Sixth Settlement, On the Middle Ring Road
- 1 – 3 Bedrooms
- 1 – 4 حمامات
- 65 – 220
Starting from 3.62M EGP
Last updated: July 2026
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Sky AbuDhabi Developments (SKY AD. Developments) is the real-estate arm of the Emirati Diamond Group in Egypt, established locally in 2021. The company is led by its founder, the Emirati businessman Sheikh Saleh Mohamed bin Nasrah Al Ameri, drawing on more than 20 years of institutional experience in property development and construction in the United Arab Emirates. Its activity is focused on developing fully integrated residential projects along with commercial and administrative complexes, and more recently on expanding into luxury coastal developments. Its work covers vital strategic locations including the New Administrative Capital, New Cairo and the North Coast.
The company has grown at pace since entering the Egyptian market, establishing itself as the first Emirati investment in the New Administrative Capital with the launch of its landmark residential project Residence Eight, followed by the commercial and administrative development Capital Avenue. It did not stop at its successes in the Capital: it widened its operations to include New Cairo and went on to launch its largest coastal project, Sky North, in the Ras El Hekma area — giving it a portfolio of around 4 major projects under construction and development.
Today Sky AbuDhabi holds a distinguished position as one of the most prominent and active developers in the Egyptian market, supported by strong financial standing and a complete reliance on self-funding. The company is known for its ability to deliver fully integrated urban communities that combine build quality with strict adherence to handover dates, reinforcing investor confidence. Its investments in Egypt have reached around 12 billion EGP, with a strategic plan to raise that figure to 15 billion EGP.
In a short space of time the company has firmly established its brand, targeting sales of up to 240 billion EGP in its latest coastal development and continuing to execute its projects on schedule, with the first phases due for handover during 2025.
The board of Sky AbuDhabi Developments and the Emirati Diamond Group is chaired by His Excellency Sheikh Saleh Mohamed bin Nasrah Al Ameri. The founder and chairman brings more than 20 years of leadership and development experience; he is a prominent Emirati businessman and a former UAE ambassador to Qatar. Sheikh Saleh drives the company’s strategic expansion vision in the Egyptian market, taking decisive positions on self-funding and portfolio diversification to ensure sustainable growth.
The company’s executive structure brings together a select group of highly capable property-sector experts to ensure the founder’s vision is delivered professionally. Among the most prominent members of the executive team:
The board’s leadership philosophy rests on centralised strategic planning combined with executional flexibility driven by a joint Egyptian and Emirati team. Management concentrates on strict adherence to handover dates, delivering an exceptional quality of life for clients, and relying principally on self-funding to insulate the business from property-market volatility.
Sky AbuDhabi Developments aims to be the leading developer of integrated communities in Egypt, delivering innovative projects that bring together luxury, quality of life and sustainability. By 2030 the company aspires to consolidate its place among the top developers in the Egyptian market and to reshape the traditional notion of an urban community through smart infrastructure and contemporary design — creating genuine added value that goes well beyond simply owning a property unit and guarantees comfort and calm for residents.
A fully integrated residential development and one of the company’s earliest investments in the New Administrative Capital. The project stands out for providing a refined living environment aimed at the upper-middle segment, with green spaces and complete services that guarantee the highest levels of privacy and comfort for residents, making it an exceptional residential destination at the heart of the Capital.
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A fully integrated commercial and administrative complex designed to serve the residential communities surrounding the company’s developments in the Administrative Capital. The project sets out to provide contemporary workspace and upmarket shopping districts, making it a distinctive investment destination for business owners and brands looking to be at the centre of the action.
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The largest coastal expansion undertaken by Sky AbuDhabi, this is a mixed-use development in one of Egypt’s most important tourism destinations. The project marks a step change, backed by investments of 80 billion EGP, and delivers a distinctive summer and investment experience that combines luxurious design with captivating natural surroundings on the shores of the Mediterranean.
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A strategic extension of the company’s activity into the most prestigious districts of New Cairo. Its current presence rests on a strong administrative and commercial foundation, paving the way for the launch of fully integrated residential and commercial developments that answer the rising demand in the First Settlement and the surrounding areas, while preserving the company’s distinctive signature.
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A strategic plan currently in preparation, aimed at carrying the company’s expertise and accumulated successes into the districts of West Cairo. The move reflects its commitment to diversifying its geographic portfolio and delivering integrated communities that serve a new segment of buyers seeking residential and investment distinction away from the noise of the city.
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A substantial record of achievement that acts as the principal backing for Sky AbuDhabi in Egypt. The parent group’s portfolio in the UAE takes in commercial complexes, fully integrated facilities and schools — a strong indication that these successful models could soon be replicated in the Egyptian market to deliver an urban and service experience without equal.
Sixth Settlement, On the Middle Ring Road
Starting from 3.62M EGP