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The leading company of Akam Developments شركة أكام للتطوير العقاري is a joint Egyptian-Saudi project consisting of 4 companies and has about 25 branches worldwide. It includes three shareholders: Benayat Development, Residence Development and Al Muhaid Holding, a Saudi company in collaboration with Faisal Islamic Bank.
Over its 30-year journey, the company has successfully completed numerous Akam projects, significantly contributing to Egypt‘s architectural renaissance. Additionally, Akam Developments aims to provide high-standard residential and touristic units, focusing on customer satisfaction, psychological comfort, and stability. Its goal is to allow a broad range of clients to buy units in Akam projects with high-quality and affordable prices.
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Akam Developments introduces Scene 7 Compound New Capital, an elegant residential project located in the prestigious district of R7. The compound owns an area of 40 acres, with only 10% allocated for buildings, while the remainder is dedicated to green spaces. The apartments in Scene 7 Compound are distributed over a ground floor and 7 upper floors.
In Scene 7 Compound, apartment range from 1 to 4 bedrooms and are available in diverse spaces starting from 144 up to 236 m2. The starting price per meter of units for sale in Akam Developments project is 36,750 EGP, leading to total prices starting from 5,292,000 EGP.
Akam Developments also offers a flexible installment plan, allowing home seekers to book apartments in Scene 7 Compound with a 0% down payment and installments over 10 years. Units will be delivered in 2023 on a semi-finished basis. Moreover, a maintenance fee of 10,000 EGP is required 6 months before possession.
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Scenario Compound New Capital, one of Akam Developments’ significant projects, is located in district R7 which is a sophisticated residential neighborhood, close to vital areas. The compound extends over an area of 163,800 acres and comprises 2,000 residential units. Apartment spaces in Scenario Compound range from 115 to 273 m2.
Furthermore, Akam Developments offers units of Scenario Compound with remarkable prices starting from 1,490,000 EGP. The compound is equipped with all necessary services & facilities, and Akam presents attractive installment systems for buying units. Booking requires a 0% down payment, and the whole amount will be divided in installments over 7 years.
Akam Developments has also executed Enava Mall New Capital, a commercial mall in district R7, with a total area of 39 acres. The building covers 7 acres and the rest is allocated to landscapes and greenery. Enava Mall stands as an architectural masterpiece, reflecting global and European design standards.
Enava Mall consists of 2 floors in addition to the ground floor, including administrative, commercial and medical units. The spaces of administrative offices range from 39 to 157 m2, clinics from 55 to 188 m2, and commercial shops start from 50 m2. Moreover, Akam Developments offers convenient prices starting from 2,896,839 EGP, with installment plans extending up to 7 years.
The long-standing success of Akam Developments has been supported by three shareholders, which are Benayat Development, Residence Development and Al Muhaid Holding. These partnerships have enabled Akam to carve a significant name in the Egyptian real estate market over the years. It now boasts a large team of skilled developers who have successfully implemented numerous commercial, residential, and coastal projects.
