At Spaces Developments, we’re passionate about creating spaces that
make a difference in people’s lives. From the very first stages of
planning to the final details, our commitment is to build
environments where people truly feel at home and can thrive. With a
strong focus on quality, innovation, and sustainability, we’re here
to craft more than just buildings—we’re here to create experiences
that last.
What makes our journey special is our commitment to integrity,
transparency, and real collaboration. By working alongside our
trusted group of companies—Nadinco, Red Sea Mix, and Rivoli
Suites—we’re able to offer even more value in every project, both
for our clients and our investors. I look forward to what we’ll
build together as we continue to shape the future of real estate.
Warm regards,
Eng. Sherif Nazmi
Chairman
At Spaces Developments, excellence drives everything we do.
Established in 2024, we are a multi-faceted real estate firm. As an
emerging developer focused on the Red Sea region, we provide turnkey
solutions and handle all commercial activities—from sales and
marketing to property management and investment advisory.
Our projects are designed to meet the needs of both investors and
homeowners, creating fully integrated communities that blend luxury
living with facilities for a balanced lifestyle. With a dedicated
team and a long-term growth strategy, we’re committed to sustainable
development and building spaces that enhance everyday life.
At Spaces Developments, we envision a vibrant and sustainable future for the Red Sea region—one that celebrates its rich history and natural beauty. Our goal is to lead the real estate industry with innovative projects that prioritize environmental responsibility, community engagement, and cultural heritage.
Our mission is built on key pillars: we create unique and
individual architecture unmatched by other developers, offer
flexible payment terms tailored to our client's budgets, and
provide comprehensive after-sale services that deliver peace of
mind. We focus on diversified settings across key Red Sea areas,
including Hurghada, Abu Soma, and Marsa Alam.
We carefully select clients from both inside and outside Egypt,
emphasizing our commitment to serving the highest market segments
while maintaining exceptional quality in all our projects. Spaces
Developments is strategically positioned to implement the
long-term plans of our founders and partners, meeting the
industry’s ever-growing demands through a sustainable approach
that prioritizes innovation, partnership, and customer
satisfaction, ensuring comfort and security for our clients and
stakeholders.
At Spaces Developments, we are committed to Quality & Precision, ensuring outstanding craftsmanship in every project. We embrace Innovation & Sustainability by incorporating the latest technology and sustainable practices. Our Customer-Centric Design approach places our clients’ needs at the heart of our projects. We uphold Integrity & Transparency through clear and honest communication, building relationships based on trust. Finally, our Strategic Partnerships with our group companies enhance every project we undertake, reinforcing our commitment to excellence.
As our construction arm, Nadinco is committed to the highest standards of craftsmanship, ensuring every project reflects our dedication to quality
Our hospitality and facility management division offers luxury serviced apartments, providing owners with a steady income stream while delivering high-quality accommodation for guests.
Our concrete production company, Red Sea Mix, supplies top-quality concrete to our developments, upholding our commitment to durability and sustainability.
Eng. Karim Nazmi
graduated from the American University in Cairo in 2014 and has IO years of experience in the held of construction and high-end residential projec ts. rough his career journey Eng, Karim has worked on mega projects in different fields, residential, commercial and industrials. He has boosted his educational background through earning his master' s degree in urban development from the Technical University in Berlin in 2017. With a strong background in construc tion, educational background and work experience he act as an instrumental piayer in driving the growth and success of Spaces Developments