company definition DM Developments

Dar Misr Tourism Development Company, DM Development, was established in 2014 by a group of experts in the real estate field, with more than 35 years of experience, headed by the Managing Director, Engineer Ahmed Abdel Hamid, who is a university professor in urban planning, and one of the most important advisors to tourism development authorities. He is one of the most prominent participants in developing the designs of the Mostaqbal and Galala cities and Ain Sokhna Road.
DM Development seeks to become one of the largest real estate companies in Egypt, through its excellence in the designs of its projects, the accuracy of its delivery dates, the quality of its construction, the excellent locations of its projects, in addition to its competitive prices, especially with Dar Misr projects providing a living experience full of luxury and unforgettable comfort. Dar Misr Real Estate Company also paid attention to its societal role by building its projects from environmentally friendly materials.
DM Development Partners
The magnitude of The Groove Sokhna Village project necessitated the cooperation of Dar Misr Company for Tourism Development, with partners, to produce it with the best quality according to international standards, and at the earliest possible delivery date. Dar Misr Company’s investments in Village The Groove Sokhna amounted to 4 billion pounds, with project sales amounting to about Billion pounds so far.
The distinguished DM Development project is being implemented by 3 contracting companies, namely New Charm and its subsidiary ISF, in addition to another Canadian company. This is to ensure the company’s commitment to the delivery dates of the first phase this year, and the second phase in 2024, while the last phases of the project will be delivered in 2026.
Dar Misr Real Estate Company also contracted with the famous Hilton hotel chain to build an international hotel affiliated with it inside The Groove Sokhna Village called “Double Tree”. Dar Misr Tourism Development Company’s investments in this important project amount to 400 million Egyptian pounds.
Dar Misr Developments Company projects
Village The Groove Sokhna
Other projects of Dar Misr Developments Company:
Coral Hills Resort Marsa Alam.
Oasis Resort Hurghada.
The View Resort Sharm El Sheikh.