Yasseen Mansour's Palm Hills Launches New Project With 4 Billion Sales Target

Palm Hills to develop Jirian, a 361-feddan residential city in New Sheikh Zayed, excluding the Nile river frontage, part of a 1,600-acre masterplan.

The two-phase development will deliver 6,500 units and target approximately EGP200 billion 4 billion in total residential sales.

The project marks Palm Hills entry into the New Delta expansion, aligning with Egypts westward housing push and growing demand for large-scale residential infrastructure.

Palm Hills Developments, a Cairo-based real estate firm chaired by billionaire Yasseen Mansour, has launched its first project in Egypts New DeltaJirian, a next-generation residential development projected to generate around EGP200 billion 4 billion in total sales.

Located in New Sheikh Zayed along the Sheikh Zayed Axis, and set within a 1,600-acre masterplan, the Jirian project will become Egypts first authentic riverfront city, blending urban lifestyle with a live Nile branch coursing through its core reflecting Palm Hills long-term vision to lead in lifestyle-driven development while reshaping Egypts westward expansion.

Set along a 9-kilometer Nile frontage , Jirian spans 361 feddansexcluding a dedicated river zone that covers 20 percent of the site, with water widths reaching 240 meters. Strategically located near the Middle Ring Road, Sphinx International Airport, and the Grand Egyptian Museum, the project offers both accessibility and prestige.

Planned in two phases, Jirian will deliver around 6,500 residential units, introducing a large-scale, integrated lifestyle community rooted in waterfront living.

Jirian signals a major expansion for Palm Hills DevelopmentsEgypts second-largest listed developer by market value and a subsidiary of the Mansour Group. The launch aligns with rising property demand and Egypts national agenda to expand housing and infrastructure westward into the New Delta.