almirage logo

almirage

almirage

Egypt
verified
Verification
1
Projects
0
Launches
Contact
almirage
0
Reviews

Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Al Mirage (often just “Mirage Developments” in sources) is a relatively new player. Its founder, Dr. Mohamed Selim (a former Housing Minister and current MP), is frequently cited in the company’s marketing. The firm’s only publicly marketed project is the Hilton Tower New Capital (a mixed-use tower in the new Administrative Capital). Company materials boast “years of experience” and a “leading” position in Egypt’s market sadaninvestment.com.eg, but we found no independent record of earlier completed projects.

Financial Credibility

No public financial filings, credit ratings or audited accounts for Al Mirage were found in available sources. The developer appears privately held and new, with no disclosure of capital or financing structure. In the absence of verifiable financial data or third-party assessments, its financial strength is unknown.

Project Quality

Promotional materials emphasize high standards and on-time delivery. One marketing piece claims “quality and timely delivery are among the most prominent characteristics” of Al Mirage, with projects supervised by specialized engineering teams. Their Hilton Tower pitch highlights international-quality finishes, smart building tech and customer service, and says the company adheres to “strict standards throughout all development stages”. A real-estate listing similarly asserts the company has a “consistent commitment to quality, on-time delivery, and customer satisfaction”. These claims, however, come from developer-controlled sources; we found no independent inspections or quality ratings. No evidence of construction defects or delivery delays was reported.

Legal & Regulatory Standing

We found no reports of legal disputes, regulatory fines or enforcement actions involving Al Mirage in the past year. The company’s projects are actively marketed and apparently licensed, with no news of stopped projects or government sanctions. In short, no adverse legal compliance information surfaced in media or official records for Al Mirage.

Customer Experience

Al Mirage’s own materials emphasize customer care. For example, they promise “dedicated support teams” and easy payment plans for Hilton Tower buyers, and advertise high client satisfaction. However, these are promotional claims. We found no independent customer reviews or industry watchdog reports. In particular, there are no documented consumer complaints or arbitration cases involving Al Mirage in public sources. (No sources such as consumer forums or news articles were identified.)

Market Reputation

In marketing blurbs, Al Mirage is described as “one of Egypt’s most reliable and innovative real estate companies”. Its Hilton partnership is touted as “unparalleled credibility”. Beyond these self-reported accolades, the developer is not well-known in industry press or analyst reports. It has no international operations; its activities appear confined to the new Cairo capital. We found no mention of the firm in neutral real-estate rankings or award lists. In sum, outside the company’s own website and partner promotions, Al Mirage’s market reputation is largely unverified.

Innovation & Sustainability

Al Mirage claims to incorporate modern, green features. The Hilton Tower is said to include solar panels and water-recycling systems, “reducing environmental impact”. The developer’s project descriptions speak of “sustainable features” in living environments. Beyond these statements, we found no evidence of formal green certifications or innovation awards. The commitment to technology and sustainability is asserted but not documented by external metrics.