Real estate company DM Developments targets sales worth EGP 1 billion during 2021, Managing Director Ahmed Abd el Hamid said in a press release. The company plans to complete the selling of all Sereia’s chalets, in addition to the villas in Gala and Capella, before the end of the year.
DM Development has sold all Brellia village units in The Groove Sokhna Resort, achieving EGP 700 million in sales across 400 units during the third quarter of 2020. The company also registered EGP 300 million from selling all 102 units of Sereia’s phase I.
It is now working on generating EGP 400 million during the fourth quarter of 2020 from selling Sereia’s phase II as well as Capella’s units.
