Close Menu
followict
    Facebook X (Twitter) Instagram
    Wednesday, November 11
    Facebook X (Twitter) Instagram
    followict
    • Home
    • News
    • Reports
    • Interviews
    • Smart City
    • Startups
    • Fintech
    • العربية
    followict
    Homepage » Q Developments Celebrates Sell-Out of Q Hills’ First Phase, Achieving EGP 1.5 Billion in Sales
    Smart City

    Q Developments Celebrates Sell-Out of Q Hills’ First Phase, Achieving EGP 1.5 Billion in Sales

    Basant ElnegmyBy Basant Elnegmy11 November، 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Q Developments, a subsidiary of Q Group, celebrated the successful sell-out of the first phase of its Q Hills residential development in New Zayed, generating EGP 1.5 billion in sales. The milestone was marked during a unit allocation ceremony held on Saturday, November 7, 2026, attended by customers, business partners, and senior company executives.

    The event celebrated customers who have become part of the Q Hills community through its first phase, highlighting the project’s success in attracting buyers seeking a residential development that combines a prime location, quality design, integrated amenities, and competitive pricing. This achievement aligns with the company’s strategy of delivering genuine and sustainable value in Egypt’s real estate market.

    The milestone builds on the progress Q Developments has made since the project’s launch, including securing the required ministerial approvals and licenses and advancing construction activities in line with its development plans, paving the way for subsequent phases of development and execution.

    Eng. Ahmed Thabet Gaber, Chairman of Q Developments, said that the success of Q Hills’ first phase and the achievement of EGP 1.5 billion in sales reflect customers’ confidence in the company’s vision and its ability to deliver real estate products that meet their aspirations while striking the right balance between quality and value.

    Thabet stated: “Today, we celebrate another success in Q Developments’ journey, but for us, this achievement goes far beyond sales figures. The complete sell-out of Q Hills’ first phase reflects our customers’ confidence in the company and our vision for the project. We regard that confidence as a significant responsibility, one that drives us to continue working diligently and honoring the commitments we have made.”

    He explained that since its establishment in 2023, the company has pursued a vision aimed at addressing a genuine gap in the real estate market by offering residential products that combine the quality, design, and amenities traditionally associated with luxury developments, while maintaining pricing accessible to a broader customer segment. This approach is embodied in the company’s Accessible Intermediate Luxury philosophy.
    Thabet emphasized that Q Hills represents a practical application of this philosophy, noting that the company’s focus extends beyond developing residential units to creating an integrated community that responds to the needs of modern families and provides an environment combining privacy, security, open spaces, and a wide range of amenities.

    He added: “We believe that success in real estate development should not be measured solely by sales volumes, but also by a developer’s ability to deliver genuine value to customers and build long-term relationships based on trust and commitment. From the outset, we have ensured that every aspect of Q Hills is carefully planned, from site selection and master planning to the diversity of residential units, amenities, and payment plans.”

    Located directly on the Dabaa Axis in New Zayed, near Sheikh Zayed City and Sphinx International Airport, Q Hills spans 24 feddans, with targeted investments of approximately EGP 7 billion. The project comprises 339 residential units, including apartments, standalone villas, townhouses, and twin houses, catering to the diverse needs of different customer segments.

    The development features a carefully designed master plan that allocates only approximately 17% of the total land area to buildings, while the remaining 83% is dedicated to landscaped areas, open spaces, and water features. This low-density approach enhances privacy and tranquility while creating a more spacious and comfortable living environment for residents.

    Q Hills also offers a comprehensive range of facilities and amenities, including water features, recreational areas, walking and jogging tracks, children’s play areas, an outdoor fitness hub, landscaped green spaces, and an integrated security and surveillance system.

    The project also includes a dedicated commercial and services area, featuring a Strip Mall with retail outlets, restaurants, cafés, pharmacies, and a hypermarket, alongside administrative and medical services. These facilities are designed to meet residents’ everyday needs and reinforce the concept of a fully integrated residential community.

    The Chairman noted that the success of Q Hills’ first phase forms part of Q Developments’ broader expansion strategy, which draws on the extensive experience of its founders and management team in real estate development, construction, design, and property management, as well as the capabilities of the group’s sister companies and in-house construction arm.

    He explained that this integrated structure provides the company with greater control over costs, quality, and construction progress. By relying on self-financing and leveraging synergies across development, construction, procurement, and operations, Q Developments is better positioned to execute its projects in accordance with its targeted standards.

    The success of Q Hills comes as the company continues to implement its expansion plans, which include Q North in Sidi Abdel Rahman on the North Coast, Q Bay in New Alamein, and Q San Stefano in Alexandria, as part of an investment portfolio valued at approximately EGP 26 billion, supported by a land bank of around 260 feddans.

    During 2026, Q Developments also commenced the handover of first-phase units at its Q North development on the North Coast, reflecting continued construction progress across its portfolio and its commitment to development and delivery schedules.

    Concluding his remarks, Thabet said: “What we have achieved in the first phase of Q Hills motivates us to continue moving forward and achieving further success. Our ambition is for the Q Developments name to become synonymous with trust, quality, and genuine value, and for every project we deliver to create an integrated community that fulfills our customers’ aspirations while preserving the long-term value of their investments.”

    The short URL of the present article is: https://followict.news/b5wm
    New Zayed Q Developments Q Hills Q North development
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Q Developments Hold Its Annual Event to Celebrate Achievements and Unveils Future Expansion Plans

    11 February، 2025
    شاهد الان
    أحدث النشرات الإخبارية
    • «كايرو آي سي تي 2026».. وكلاء الذكاء الاصطناعي يقتحمون مراكز صناعة القرار ويختبرون قدرة الشركات على السيطرة
    • «بافكس 2026».. الذكاء الاصطناعي يطيح بالقواعد القديمة ويعيد هندسة البنوك المصرية من الداخل
    • «كايرو آي سي تي 2026» يفتح باب المنافسة على اقتصاد الذكاء الاصطناعي وريادة الاقتصاد الرقمي
    • «كايرو آي سي تي 2026».. قمة وزارية وتحالفات سيادية لنقل الذكاء الاصطناعي إلى خطوط الإنتاج
    • «كايرو آي سي تي 2026».. تجربة عملية لتحقيق معادلة السيادة الرقمية وتمكين الذكاء الاصطناعي

    موقع إلكتروني ومنصة إعلامية متخصصة في الاقتصاد الرقمي، لتغطية الجوانب التكنولوجية بمختلف القطاعات الاقتصادية.
    يصدر الموقع عن شركة اف او دابليو للمحتوى الإلكتروني والدعاية والإعلان وتنظيم المؤتمرات (شركة ذات مسئولية محدودة).
    وتعد منصة FollowICT هي بوابة الاقتصاد الرقمي الأولى في الوطن العربي، ونجحت في حصد جائزة الإعلام العربي لعام 2022 كأفضل منصة رقمية متخصصة في......

    • Email: newsletter@followict.com

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    اشترك فى نشرة FOLLOW ICT الاسبوعية

    Subscribe to Blog via Email

    Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Subscribe now to the newsletter
    © 2026 Solution Academy Designed by Solution Academye.

    Type above and press Enter to search. Press Esc to cancel.