Serac Developments  Company Overview

Serac Developments is an Egyptian-Emirati real estate development company, established through a strategic partnership between Egyptian businessman Tarek Suleiman, the owner of Glamour Jewelry Group, and Emirati businessman Sheikh Tawhid Abdullah, Chairman of Damas Real Estate and the Dubai Gold and Jewelry Group.

The company focuses on delivering luxury real estate projects that combine innovative architectural designs with prime strategic locations, ensuring the highest standards of quality and professionalism.


Projects by Serac Developments

City Hall – New Cairo
A commercial and administrative hub in the heart of New Cairo, offering modern office and retail spaces.

City Hall – New Administrative Capital
A business center with premium commercial and office spaces, strategically located in the New Capital.

City Hall 90 – New Cairo
An upscale mall with a modern design, near the American University in Cairo.

Alura – North Coast
An exclusive residential project in Sidi Abdel Rahman with luxury villas and chalets.

Stella Heights – North Coast
A beachside community with contemporary villas and chalets, featuring full amenities.

Stella Walk – Sidi Abdel Rahman
A vibrant commercial and entertainment hub with shopping and dining experiences.

Shamasi – Sidi Abdel Rahman
The latest development, a luxurious beachfront project spanning 80 acres, with villas and chalets offering open water views.


 Shamasi – Sidi Abd El Rahman

The Last Opportunity on Egypt’s Most Exclusive Shoreline

Location: Kilo 135 – Just 3 km after Marassi and 8 minutes from New Alamein
Masterplan: 80 acres designed by DMA
Unit Mix: 80% villas – 20% chalets
Waterfront Living: 95% of units overlook the sea or swimmable lagoons with sandy beaches
Unit Types: 1, 2 & 3-bedroom chalets, townhouses, and stand-alone villas


  Shamasi – Facilities & Amenities

86% green and open spaces across 80 acres

Swimmable lagoons and pools covering 24,000 sqm

Private sandy beach suitable for swimming

Sea and lagoon views for almost all units

Clubhouse with entertainment and relaxation zones

Luxury beachfront hotel with high-end hospitality

Retail and commercial areas integrated within the community

Mixed-use mall and outing zone for shopping, dining, and leisure

Staggered unit layout for privacy and unobstructed views

Landscape design that encourages open movement and connectivity within the community


Payment Plan


10% Down Payment Over 9 Years equal installments

Unit types & starting prices 
  • - Chalet 1 bedroom from 8000.000 EGP
  • - chalet 2 bedrooms 10.000.000 EGP
  • - Chalet 3 bedrooms from 11.720.000 EGP
  • - Town House from 14.500.000 EGP
  • -Twin house & Stand Alone Villa from 35.000.000 EGP
  • -First row Twin House 66,883,392 EGP
 SHAMASI SEDI ABDEL RAHMAN BROUCHURE 
Unit types 
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