Times Developments
Times Developments is a privately held Egyptian real estate developer founded in 2021, headquartered in New Cairo, that builds boutique residential, commercial, and hospitality projects — including Aster Residence, Avelin Residence, and T HUB — for high-net-worth buyers and real estate investors in Egypt's premium Golden Square market.
- Company typePrivate
- Founded2021
- HeadquartersCairo, Egypt
- Headcount51–100
- GTM typeB2C
- OfferingHardware or Manufacturing
What Times Developments does
Times Developments is a privately held real estate developer headquartered in New Cairo, Egypt, focused on boutique residential, commercial, and hospitality projects in the country's premium real estate segment. Founded in 2021, the company claims over three decades of combined expertise in engineering and real estate development and has built a 300,000 m² portfolio anchored in New Cairo's Golden Square and Fifth Settlement. Its three flagship projects are Aster Residence (a luxury residential compound in Golden Square), Avelin Residence (a 21-feddan residential and commercial compound in Fifth Settlement), and T HUB (an open-air strip mall and lifestyle destination). The company also references planned hospitality ventures and cross-Egypt expansion into other prestigious locations.
The business operates a direct-to-buyer sales model with no disclosed intermediaries. Revenue is realized through one-time property sales to two primary segments: High-Net-Worth Residential Buyers seeking design-led premium homes, and Real Estate Investors targeting capital appreciation and rental yield in Egypt's high-end market. Pricing is quote-based and personalized, delivered via direct consultation, site visits, and investment proposals through on-site sales centers, a corporate hotline (19164), and a digital-first marketing funnel anchored at times.com.eg.
The company has built a delivery ecosystem of strategic partners — ABB (infrastructure), Raef Fahmy Architects (design), Okoplan (hospitality), Telecom Egypt WE (telecom/smart building), and Hani Saad (specialized expertise) — to support project execution. The team is led by co-leaders Ahmed Abdel Latif and Ahmed El Sergany and supported by a multidisciplinary leadership function across architecture, engineering, finance, real estate law, and client experience. No external institutional investors, funding rounds, or parent-company affiliations are disclosed, and revenue figures are not publicly available.
Times Developments firmographics
Firmographics- Name
- Times Developments
- Legal name
- Times Developments
- Website
- https://times.com.eg
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Times Developments is a privately held Egyptian real estate developer founded in 2021, headquartered in New Cairo, that builds boutique residential, commercial, and hospitality projects — including Aster Residence, Avelin Residence, and T HUB — for high-net-worth buyers and real estate investors in Egypt's premium Golden Square market.
- Ownership category
- akta.pro rank
Times Developments industry classification
Industry- Product category
- Luxury Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Commercial and Institutional Building Construction (236220)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Retail & Mixed-Use Commercial Construction (IMAFACAB)
Keywords
Where Times Developments is headquartered
LocationHeadquarters
- HQ city
- Cairo
- HQ country
- Egypt
- HQ region
- Africa
Offices1 record
Markets served
Times Developments business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D
Revenue model
- Real Estate Development Sales: Times Developments generates revenue through the sale of residential and commercial properties. The company develops boutique projects including upscale residences (Aster Residence, Avelin Residence) and commercial/hospitality ventures (T HUB strip mall), selling units to end-users and investors. Revenue is realized upon property handover with diversified portfolio across residential, commercial, and hospitality sectors.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Times Developments product offering
Product offeringCore offering
Times Developments is a boutique real estate developer that designs, builds, and sells upscale residential compounds and commercial properties in prime locations across Egypt, with a primary focus on New Cairo's Golden Square and Fifth Settlement. The company's portfolio encompasses more than 300,000 m² of developed space, including luxury residences (Aster Residence and Avelin Residence) and commercial/hospitality ventures (T HUB strip mall). Properties are sold directly to end-users and investors through on-site sales centers and personalized investment advisory consultations.
Product overview
Times Developments offers a portfolio of residential and commercial real estate projects in Egypt, primarily focused on New Cairo. The portfolio includes three main offerings: Aster Residence (luxury residential compound in Golden Square), Avelin Residence (residential and commercial compound spanning 21 feddans with upscale residences and commercial areas), and T HUB (premium commercial strip mall for retail and lifestyle). The company positions itself as a strategic real estate developer delivering boutique projects across upscale residences, cutting-edge commercial, and hospitality ventures.
Differentiator
Problem solved
Functional benefit
Products and services
- Aster Residence A refined residential compound located in New Cairo's Golden Square, offering elegant architecture, landscaped greenery, and proximity to major roads and educational institutions. Targeted at affluent individuals and families seeking premium residential living.
- Avelin Residence A full-fledged residential and commercial compound built on 21 feddans in New Cairo's Fifth Settlement, featuring luxury boutique living with multiple residential apartments, embedded greenery, and an unmatched commercial area. Targets luxury residential buyers and tenants seeking combined living, retail, and lifestyle amenities.
- T HUB A premium open-air strip mall and lifestyle destination in New Cairo featuring modern mixed-use retail, dining concepts, and service-oriented spaces designed for commercial performance and community connection. Targets retail tenants, dining operators, and shoppers seeking a curated lifestyle destination.
Companies that use Times Developments
Customer profileSegments2 records
Ideal customer profiles2 records
Times Developments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Times Developments partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- ABBcoreABB provides specialized infrastructure expertise to Times Developments projects, contributing technical capabilities for infrastructure implementation across residential and commercial developments.
- Raef Fahmy (Architects)coreRaef Fahmy Architects contributes architectural design expertise to Times Developments projects, ensuring distinctive and refined design language aligned with the company's design-integrity approach.
- OkoplancoreOkoplan provides hospitality development expertise to Times Developments, particularly for projects involving hospitality components, ensuring appropriate design and operational planning.
- Telecom Egypt WEcoreTelecom Egypt WE provides telecommunications and technology infrastructure integration for Times Developments projects, ensuring modern connectivity and smart building capabilities.
- Hani SaadminorHani Saad contributes specialized expertise to Times Developments projects, with the partnership strengthening design and execution capabilities across developments.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Times Developments competitors and assessment
Company assessmentDirect peers
- Amer Group: Egyptian developer of Ain Sokhna resort, A Mountain, and Cairo-based residential projects, targeting the same premium and upper-mid segment in Egypt and thus directly comparable in product and price tier.
- Hyde Park Real Estate Development: Egyptian developer of Hyde Park, Hyde Park Out, and Seasons projects in New Cairo — same micro-market and buyer persona, making it a relevant peer for comparable boutique-to-mid-size luxury developments.
- Palm Hills Developments: Major Egyptian real estate developer active across Cairo (Palm Hills October, Palm Hills New Cairo, Hacienda Bay) targeting upscale residential buyers with integrated community masterplans, directly overlapping Times' positioning and geography.
- SODIC (ORA Developers Egypt): Leading Egyptian developer of premium residential and mixed-use compounds (e.g., SODIC East, EDGE, Caesar) concentrated in New Cairo and the North Coast; competes head-to-head with Times for HNW and investor buyers.
- Emaar Misr: Egyptian arm of Emaar Properties developing large-scale luxury and mixed-use master-planned communities in Cairo (e.g., Uptown Cairo, Mivida, Marassi), directly competing with Times Developments for premium residential buyers in the New Cairo corridor.
- Madinet Nasr Housing & Development (MNHD / Talat Mostafa): Long-standing Egyptian real estate developer active in Cairo's urban expansion zones, developing mixed-use residential communities competing for the same investor and HNW buyer pool as Times Developments.
- Mountain View (DMG): Egyptian developer behind Mountain View Hyde Park, iCity, and North Coast projects, focused on integrated luxury residential communities for end-users and investors, a comparable go-to-market in the same product tier as Times.
- Tatweer Misr: Egyptian developer behind Fouka Bay, The Canyon, and Bloomfields — mixed-use luxury and mid-luxury communities across the North Coast and Cairo, comparable in scale and target segment to Times' residential and commercial compounds.
Emerging players
- City Edge Developments (EAPD): Joint venture involving Egyptian banks (EACB) developing major urban mixed-use projects in Cairo's east (most notably the New Administrative Capital's Downtown area); an emerging institutional-scale peer in the same eastern Cairo growth corridor where Times is building.
Broad incumbents
- Hassan Allam Construction / Hassan Allam Properties: Egyptian construction-to-real estate group with a large contracting backlog and parallel real estate arm (e.g., Swanlake, Jeeva); a broader incumbent that competes with Times Developments in delivering luxury Cairo residential and mixed-use communities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Times Developments social profiles
Digital presenceTimes Developments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Times Developments leadership team
Management profileNumber of profiles
Profiles2 records
Times Developments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Times Developments M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Times Developments
What does Times Developments do?
Times Developments is a boutique real estate developer that designs, builds, and sells upscale residential compounds and commercial properties in prime locations across Egypt, with a primary focus on New Cairo's Golden Square and Fifth Settlement. The company's portfolio encompasses more than 300,000 m² of developed space, including luxury residences (Aster Residence and Avelin Residence) and commercial/hospitality ventures (T HUB strip mall). Properties are sold directly to end-users and investors through on-site sales centers and personalized investment advisory consultations.
Is Times Developments a public or private company?
Times Developments is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Times Developments founded?
Times Developments was founded in 2021. It employs 51 to 100 people.
Where is Times Developments based?
Times Developments is headquartered in Cairo, Egypt, in the Africa region.
How does Times Developments make money?
One revenue line is on record: real Estate Development Sales.
Who are Times Developments's main competitors?
Direct peers on record are Amer Group, Hyde Park Real Estate Development, Palm Hills Developments, SODIC (ORA Developers Egypt), Emaar Misr, Madinet Nasr Housing & Development (MNHD / Talat Mostafa), Mountain View (DMG) and Tatweer Misr. City Edge Developments (EAPD) is listed as an emerging player. Hassan Allam Construction / Hassan Allam Properties is listed as a broad incumbent.
Does Times Developments have an API?
No public API is recorded for Times Developments.
What industry is Times Developments in?
Times Developments's product category is Luxury Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of IMAFACAB, Retail & Mixed-Use Commercial Construction. Its NAICS code is 236117 and its SIC code is 6552.