SKY AD Developments — Ownership, Projects, Prices and Contact
SKY AD. Developments, previously appearing in search results as Sky Abu Dhabi Developments, is a property arm backed by the Emirati Diamond Group. It began operations in Egypt in 2021 according to Nawy, drawing on the group’s earlier regional experience.
SKY AD. Developments is backed by Diamond Group and began working in Egypt in 2021, chaired by Saleh Mohamed Bin Nasra Al Ameri with Abdelrahman Agami as CEO. Its projects are Residence Eight and Capital Avenue in the New Capital, Bluetree in New Cairo, Sky North in Ras El Hekma, and Vallis and One Residence. The published official line is 16881.
Who is SKY AD. Developments?
SKY AD. Developments, formerly known in search results as Sky Abu Dhabi Developments, is a property arm backed by the Emirati Diamond Group. It began operating in Egypt in 2021 according to Nawy, with earlier regional experience behind the group.
Sources state that His Excellency Saleh Mohamed Bin Nasra Al Ameri chairs Diamond Group and SKY AD, while the AmCham directory identifies Abdelrahman Agami as CEO of SKY AD Developments.
Quick facts
| Item | Detail |
|---|---|
| Current name | SKY AD. Developments |
| Alternate search name | Sky Abu Dhabi Developments |
| Parent company | Diamond Group |
| Start of work in Egypt | 2021 |
| Published Chairman | Saleh Mohamed Bin Nasra Al Ameri |
| CEO | Abdelrahman Agami |
| Published official line | 16881 |
| Website | skyabudhabi.ae |
The word “owner” should not be used as though it were an individual shareholding percentage without a legal disclosure. It is more accurate to say that Diamond Group is the parent entity and that Saleh Al Ameri chairs the group and the company.
Flagship projects
Residence Eight — the New Administrative Capital
A residential project in the New Administrative Capital with apartments across a range of areas. The name Eight should not be confused with other projects carrying the number 8.
Capital Avenue — the New Administrative Capital
A retail and administrative component within the company’s portfolio. It needs a business-property template different from Residence Eight.
Bluetree — New Cairo
A boutique community of roughly 50 feddans in collaboration with JZMK, offering apartments and duplexes. Both Blue Tree and Bluetree spellings appear; the former should be stored in alternate_names.
Bluewalk
A retail component tied to the Bluetree destination according to market material. It should not be created as a developer or a standalone residential compound, but as a commercial component with a parent_project_id.
Sky North — Ras El Hekma
A large coastal project announced with substantial investment. The total investment value must be separated from unit prices and never used as price_from.
Vallis and One Residence
Newer projects and products within the portfolio. One Residence appears in the New Administrative Capital, while Vallis needs its location and phases fixed from the official website before unit pages are expanded.
Observed prices on 19 August 2026
- Bluetree: Property Finder showed an observed launch price from about EGP 5.627 million for some apartments.
- Other market sources showed starting points between about EGP 6.508 million and EGP 8.228 million; the difference reflects the observation date and unit type.
- Residence Eight: observed launch price from about EGP 5.395 million.
- One Residence: from about EGP 12.3 million.
- Bluewalk prices must not be published as residential prices; it is a commercial component with a different price per metre and a different use.
Official contact
- Line: 16881, according to the AmCham directory.
- Website: skyabudhabi.ae
- Company professional page: www.linkedin.com/company/sky-ad-developments
The number 16547 appearing in a marketing directory is not the number published in the company’s AmCham profile, so it should not be shown as SKY AD’s official line.
Frequently asked questions
1Who owns or leads SKY AD?
The company is backed by Diamond Group and chaired by Saleh Mohamed Bin Nasra Al Ameri, while Abdelrahman Agami is the published CEO.
2Are Bluetree and Bluewalk one project?
Bluewalk is a retail component tied to the Bluetree destination, not a separate developer.
3When did SKY AD start in Egypt?
In 2021 according to Nawy, with an earlier regional background for the parent group.
Verify developer channels and legal contracts directly before making any purchase commitment.
Internal links
Real Estate Developers in Egypt — Complete Master Directory 2026
The master guide to Egypt's leading real estate developers: sorted by market, asset type, track record, and verified credentials.
Read moreNew Cairo and Fifth Settlement Real Estate — Developers, Projects and Prices
A practical guide to New Cairo's districts, developers and projects, with dated price snapshots and a checklist to run before you reserve.
Read moreNew Administrative Capital Real Estate — Zones, Projects and Prices
A comprehensive guide to New Capital residential zones, CBD towers, Downtown commercial hubs, active developers and verified pricing.
Read moreRas El Hekma Real Estate — The New City, Resorts and Prices
A deep dive into the world-class Ras El Hekma destination: master development plans, luxury coastal projects, developers and prices.
Read moreBest New Cairo Real Estate Developers — Selection Criteria & Track Record
An objective comparative framework for evaluating New Cairo developers: delivery history, facility management, and customer satisfaction.
Read moreDeveloper Sale vs Resale in Egypt — Financial & Legal Comparison
A practical guide comparing primary developer purchases against secondary resale: down payments, payment plans, transfer fees, and risks.
Read moreDeveloper projects
3 projects. Prices as observed at collection time and subject to change.
Compound Blue Tree New Cairo, Sky Abu Dhabi Developments
New Cairo
From 6,508,000 EGP
Capital Avenue Mall New Capital
New Capital
From 3,952,000 EGP
Residence 8 Compound New Capital, Sky Abu Dhabi Developments
New Capital
From 3,500,000 EGP
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