Hassan Allam Properties was founded in 1936 by the engineer Hassan Allam and later became one of the largest Egyptian construction companies, until it was nationalized in 1961. However, in 1971, Hassan Allam’s sons succeeded in regaining control of the company, making it the leading construction firm and largest contractor in Egypt, earning the trust of the Egyptian government which assigned it to undertake many national projects.
In 2000, the Hassan Allam Group launched Hassan Allam Properties (HAP), which later became one of the largest real estate companies in Egypt. Over the course of 22 years, the company has been able to create residential communities that provide luxury and happiness to their residents, in addition to owning a vast land bank in the most important Egyptian locations, enabling it to expand its projects to New Cairo, Katameya, October, the North Coast, and El Ain El Sokhna.
Hassan Allam Properties Projects
Haptown Mostakbal City Compound
“Hasan Allam Properties” continues its projects in New Cairo, and this time the real estate developer presents “Haptown Mostakbal City Compound” in one of the upscale residential areas in the region. The project is characterized by its proximity to the administrative capital, Nasr City, Cairo Airport, and the American University, and it is easily accessible via the Middle Ring Road.
The residential units in this project include a diverse range of apartments, duplexes, penthouses, independent villas, and townhouses. The project sizes range from 102 to 190 square meters, providing a wide range of options for customers.
The prices of this project are very competitive, starting at only 2,400,000 Egyptian pounds with a reservation down payment of 5% and a payment plan that can extend up to 9 years. “Hasan Allam Properties” also commits to delivering all units in the project with a semi-finished system in 2026. Thanks to these features, every customer can find the ideal option in “Haptown Mostakbal City Compound.”
Swanlake Residence New Cairo
One of the finest residential projects in New Cairo has been completed by HAP, and it’s called Compound SwanLake Residences. The project is located next to Mirage City and in front of Al Rehab, near the ring road, and features a variety of units including apartments and villas with areas starting from 220 square meters, and prices starting from EGP 5,400,000. The project allows buyers to pay a 5% down payment, with a payment period of 10 years.
The Phoenix New Cairo
The Phoenix New Cairo Compound, located in Fifth Settlement, is the latest project by Hassan Allam Properties. With the company’s expertise in the field, an ideal location was chosen to ensure the project’s success. This compound is located near Swan Lake Residence Compound, Al-Rehab, Fifth Settlement, the Ring Road, and the Suez Road. It is also just a few minutes away from Cairo Airport, Cairo Festival City, and the American University.
Hassan Allam’s project in Fifth Settlement covers an area of 454 acres, with most of it dedicated to natural landscapes for residents to enjoy peace and serenity within the compound. The compound offers a variety of units, including apartments, duplexes, and penthouses with areas ranging from 85 to 160 square meters, to suit different needs.
Unit prices in The Phoenix New Cairo Compound start at EGP 2,200,000, which is suitable for the compound’s capabilities. Buying a unit in Hassan Allam’s projects is a seal of quality and an excellent investment opportunity. Flexible installment systems are also available, where the unit can be obtained with only a 5% down payment and the remaining amount can be paid over 8 years, with fully finished units delivered within 4 years.
Hassan Allam Properties HAP Other projects
- Swan Lake October.
- Swan Lake Katameya.
- Park View Katameya.
- Seasons Residence.
- Swan Lake Gouna.
- Swan Lake North Coast.
- Little Venice Sokhna.