
Al karma
Al karma
developer.verification
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Al karma
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Core Evaluation
Comprehensive assessment of developer's core competencies
Track Record
AlKarma Developments is an Egypt-based developer active since the mid-1990s, with a stated operating history since 1995/1996 and a focus on West Cairo (Sheikh Zayed, New Zayed, 6th of October, and Sphinx City). Its publicly listed portfolio includes multiple “Karma” residential compounds (e.g., Karma 1, Karma 2, Karma Residence, AlKarma Heights, AlKarma Gates, Kay, Vaha, LaManga, Novella) and commercial assets such as Mazar Mall.
Financial Credibility
No audited financial statements or funding disclosures were found in public sources, and the company appears privately held (public information is mainly portfolio and marketing presence). Market activity is evidenced by continued project launches/updates on the official site and sustained listing/coverage across major Egyptian property portals, indicating ongoing sales and market participation.
Project Quality
Publicly available materials emphasize boutique, master-planned residential communities with large landscaped ratios and amenity-led planning, but these are developer-provided claims rather than independent audits. Independent, verifiable third-party quality assessments are limited in the sources reviewed, so quality can only be described as “positioned as premium” based on portfolio positioning and project specifications shown publicly.
Legal & Regulatory Standing
No official public registry links or government-issued licensing documents were identified in the reviewed sources that confirm specific approvals per project. However, the developer maintains an established corporate and project footprint in Egypt with consistent public project marketing under a single brand identity and official channels, which is generally consistent with operating as a market-facing developer.
Customer Experience
Public, verifiable customer review data is limited in the sources reviewed, with some major listing portals showing little or no user-generated review content for specific projects. As a result, buyer experience regarding communication, handover, and after-sales support cannot be reliably summarized from public evidence alone.
Market Reputation
Across major real-estate portals and the developer’s long-running brand presence, AlKarma is generally presented as an established West Cairo developer with multiple projects over a multi-decade period. Reputation signals are more “established/recognized” than “controversial” in the available public sources, though independent sentiment evidence (reviews/ratings) appears sparse.
Innovation & Sustainability
Public information highlights community planning and amenities, but specific, verifiable sustainability certifications (e.g., LEED/BREEAM) or documented green building performance were not found in the reviewed sources. Some project materials mention design/landscape ratios and lifestyle planning, which are not sufficient on their own to confirm measurable sustainability practices.

