Developer History
Concrete Developments is an established Egyptian real estate firm with over 25 years of engineering and development experience. Led by Eng. Mahmoud Hussein (Chairman & CEO), the company has built a solid reputation for its "customer-first" philosophy and structural integrity.
- New Cairo Specialists: While they have a diverse portfolio, they are particularly dominant in the Fifth Settlement, with over 15 boutique projects in high-end neighborhoods like Beit El Watan, Al Narges, Al Andalusia, and Al Lotus.
- Global Standards: The developer frequently collaborates with top-tier consultants, such as Arkrite Engineering Consultants (Moharam-Bakhoum) and MRP for management and operations, ensuring that their projects like O-Yard and C-Yard meet international administrative standards.
- Affiliation Note: It's helpful to distinguish them from the "Concrete Fashion Group"—while both are prestigious Egyptian brands, Concrete Developments is specifically focused on the construction and real estate sector.
Project Details – Elen Residence
Elen Residence (or Elen Fifth Settlement) is a boutique luxury compound spanning 5 acres (approx. 21,000 m²). It is designed to offer a "Sanctuary" vibe, with 85% of the land dedicated to greenery and water features.
- Building Specs: The compound consists of 8 residential buildings, each featuring a Ground Floor + 5 Upper Floors. The design focuses on "Separation Architecture," ensuring wide green buffers between buildings for maximum privacy.
- Unit Diversity & Sizes:
- Studios: Starting from 75 m².
- 2-Bedroom Apartments: Starting from 111 m² to 146 m².
- 3-Bedroom Apartments: Starting from 150 m² to 174 m².
- 4-Bedroom Apartments: Ranging from 219 m² to 239 m².
- i-Villas & Duplexes: Starting from 240 m² up to 315 m².
- Finishing: Units are typically delivered Semi-Finished, with premium finishing packages available to allow for customization.
Project Location
The project is situated in a high-access zone within the Fifth Settlement, specifically in the Al Andalus district, which serves as a bridge between New Cairo and the New Capital.
- Connectivity (2026):
- 2 minutes from South 90th Street and the Middle Ring Road.
- 3 minutes from North 90th Street and the Suez Road.
- 5 minutes from the American University in Cairo (AUC).
- 10 minutes from the New Administrative Capital.
- Strategic Neighbors: It is located near the Golden Hub Mall and the Bisceglia Business Center, providing residents with immediate access to premium retail and office spaces.
Facilities and Amenities
Elen Residence is designed as an integrated mini-city:
- The Blue & Green: Three distinct swimming pools, large water fountains, and a "Blue Spine" of lagoons integrated into the landscaping.
- Health & Leisure: A state-of-the-art Gym & Spa, outdoor yoga zones, and dedicated tracks for walking and cycling.
- Daily Convenience: An on-site Commercial Area (Mall) featuring a hypermarket, pharmacy, and laundry services.
- Smart Security: 24/7 surveillance with AI-powered cameras and Smart Gate Entry systems for residents and guests.
- Family Focus: Secure kids' play areas and proximity to some of the Fifth Settlement's top international schools.
- Parking: Ample underground parking with dedicated slots for every unit.
Quick Investment Facts (2026)
- Pricing: Units start from approximately 4,350,000 EGP (as of early 2026 listings), with an average price per meter starting around 35,000 to 52,000 EGP.
- Payment Plans:
- 10% Down Payment with installments over 8 to 10 years.
- Cash Discount: Up to 25% discount for full payment.
- Delivery: Scheduled to begin in late 2027 to 2028.