The Egyptian real estate market has witnessed remarkable growth over the last decade, fueled by massive infrastructure projects and ambitious urban expansion plans. Among these endeavors, the New Administrative Capital (NAC) has emerged as a shining beacon of modernity and sophistication. Designed to alleviate the population pressure on Cairo, this futuristic city houses some of Egypt’s most luxurious residential and commercial compounds, including the Al Maqsad Residence. Al Maqsad is a unique blend of luxury, convenience, and innovation developed by the renowned City Edge Developments. This article explores every facet of Al Maqsad Residence, from its strategic location and unit options to its investment potential and state-of-the-art amenities.
Egyptian Real Estate Development Market
Egypt’s real estate market has been a cornerstone of the nation’s economy, with significant contributions to GDP. Over the past few years, government-backed projects have catalyzed the industry, with private developers partnering to create iconic residential and commercial landmarks. As urbanization accelerates, developers are shifting focus toward mixed-use developments and smart cities. The New Administrative Capital is a prime example of this shift, attracting billions of dollars in investments and setting new benchmarks for real estate in Egypt. Al Maqsad Residence, as a key player in this ecosystem, exemplifies the market’s evolution, offering premium housing solutions in a prime location.
The New Administrative Capital
Located 45 kilometers east of Cairo, Egypt’s largest urban development project is the New Administrative Capital. Envisioned as a self-sustaining city, the NAC features cutting-edge infrastructure, government buildings, international schools, and healthcare facilities. Designed to accommodate over 6.5 million residents, the city is a hub for sustainable living and business opportunities. Landmarks like the Iconic Tower, the Green River, and the Presidential Palace reflect its modernity. Al Maqsad Residence, strategically located within this thriving city, benefits from the NAC’s unparalleled connectivity and futuristic vision.
Overview of Al Maqsad Residence
Al Maqsad Residence is a premier residential compound in the New Administrative Capital, meticulously designed to provide a harmony of luxury, functionality, and sustainability. Spanning a vast area, the project features a mix of residential, administrative, and commercial units catering to diverse needs. Developed by City Edge Developments, Al Maqsad stands out for its contemporary architecture, lush green landscapes, and world-class amenities. The compound’s master plan emphasizes privacy, Security, and community, making it suitable for families and professionals.
City Edge Developments: A Developer Profile
City Edge Developments is one of the country’s leading real estate developers. It is a joint venture between Egypt’s New Urban Communities Authority (NUCA) and the Housing and Development Bank (HDB). City Edge is renowned for delivering high-quality projects and focuses on innovation, sustainability, and customer satisfaction. The company has delivered iconic developments like Etapa, North Edge Towers, and Mazarine. With Al Maqsad Residence, City Edge continues to redefine urban living by creating a vibrant, fully integrated community in the heart of the NAC.
The Compound Features
Al Maqsad Residence boasts many features that set it apart from other developments. The compound’s architectural design is inspired by modern European styles, ensuring elegance and functionality. Key features include:
- 24/7 Security with advanced surveillance systems.
- A mix of residential, administrative, commercial, and medical units.
- Smart home technology for enhanced convenience.
- Ample parking spaces and efficient traffic management.
- Landscaped gardens, walking trails, and serene water features.
- These features create a holistic living experience for residents, balancing luxury and practicality.
The Compound Location
Al Maqsad Residence enjoys a strategic location in the New Administrative Capital, providing easy access to major landmarks and thoroughfares. The compound is near the R3 residential district, which is near government buildings, international schools, and hospitals. It is also a short drive from the iconic Green River and the Presidential Palace. Proximity to key roads like the Regional Ring Road ensures seamless connectivity to Greater Cairo and other major cities.
Types of Properties
Al Maqsad Residence offers various properties to cater to multiple needs and budgets. The compound features:
The Residential Units (Apartments and Penthouses)
The residential units at Al Maqsad Residence provide maximum comfort and functionality. Apartments come in various layouts, ranging from two-bedroom to four-bedroom options, while penthouses offer spacious living areas and private terraces. Each unit features:
- High-quality finishes and modern interiors.
- Expansive windows for natural light and ventilation.
- Smart home integration for added convenience.
- These residences suit families seeking a luxurious yet practical living environment.
The Administrative Units
For businesses looking to establish a presence in the NAC, Al Maqsad offers premium administrative units. These spaces improve productivity and collaboration, featuring:
- Flexible layouts to suit different business needs.
- High-speed internet and advanced IT infrastructure.
- Proximity to government offices and major corporate hubs.
- Whether you’re a startup or an established company, these units provide an ideal workspace.
The Commercial Units
The commercial units at Al Maqsad Residence are strategically located to attract foot traffic and ensure business success. These units suit various ventures, including retail stores, cafes, and restaurants. Key features include:
- Prime locations within the compound.
- Ample parking for customers.
- Modern storefront designs and ample display spaces.
- These units are a lucrative opportunity for entrepreneurs and investors.
The Medical Units
Al Maqsad Residence also caters to the healthcare sector with dedicated medical units. These spaces meet the requirements of clinics, diagnostic centers, and pharmacies. Features include:
- Specialized layouts for medical practices.
- Compliance with healthcare standards.
- Easy accessibility for patients and staff.
- These units enhance the compound’s appeal as a fully integrated community.
The Spaces Range
Al Maqsad Residence offers various unit sizes to accommodate different preferences. This variety ensures that every buyer finds a unit that meets their needs and budget.
Prices and Payment Packages
Al Maqsad Residence offers competitive pricing and flexible payment plans, with options like:
- 10% down payment and installments over 7–10 years.
- Special discounts for upfront payments.
- These packages make luxury living accessible to a broader audience.
Delivery Date Commitment
City Edge Developments is committed to delivering units on time, with scheduled handovers starting in 2025. The company’s reputation for timely delivery ensures buyers and investors peace of mind.
Amenities and Services
Al Maqsad Residence offers a wide range of amenities, including:
- State-of-the-art gyms and fitness centers.
- Multiple swimming pools and sports courts.
- Dedicated kids’ play areas.
- A clubhouse for social events and gatherings.
- These amenities create a vibrant and inclusive community.
Recreational Facilities
The compound boasts exceptional recreational facilities, such as:
- Jogging and cycling tracks.
- Outdoor picnic areas and BBQ zones.
- Entertainment hubs with cinemas and gaming zones.
- These facilities ensure that residents enjoy ample opportunities for relaxation and leisure.
Sport and Fitness
Fitness enthusiasts will appreciate the compound’s world-class sports and fitness amenities, including:
- Fully equipped gyms.
- Yoga and meditation zones.
- Football, tennis, and basketball courts.
- These facilities cater to a healthy and active lifestyle.
Green Space and Landscapes
Lush greenery and open spaces are integral to Al Maqsad Residence’s design. The compound features:
- Beautifully landscaped gardens.
- Serene water features and fountains.
- Eco-friendly initiatives for sustainable living.
- These elements create a tranquil and refreshing environment.
Community and Neighborhood
Al Maqsad Residence fosters a strong sense of community through:
- Regular social events and festivals.
- A friendly and diverse neighborhood.
- Collaborative spaces for residents to connect.
- This emphasis on community makes the compound more than just a place to live.
Security and Safety
Safety is a top priority at Al Maqsad Residence, with measures including:
- 24/7 security personnel.
- CCTV surveillance across the compound.
- Controlled access points for residents and visitors.
- These features ensure peace of mind for all residents.
Nearby Attractions
Al Maqsad Residence is conveniently located near major attractions like:
- The Green River Park.
- The Capital International Airport.
- The Business District and Iconic Tower.
- Residents enjoy easy access to entertainment, shopping, and cultural landmarks.
Advantages of Investing in Al Maqsad Residence
Investing in Al Maqsad Residence offers numerous benefits:
- High ROI due to its prime location in the NAC.
- Flexible payment plans and competitive prices.
- A strong developer reputation with City Edge Developments.
- The NAC is seeing increased demand for both commercial and residential space.
- These factors make Al Maqsad a lucrative investment opportunity.
Frequently Asked Questions
What types of units are available at Al Maqsad Residence?
Apartments, penthouses, administrative, commercial, and medical units.
Are payment plans available?
Yes, flexible payment options with installments of up to 10 years are offered.
When will the units be delivered?
Delivery is scheduled to begin in 2025.
Is the compound family-friendly?
Yes, it features kid-friendly amenities and a secure environment.
Al Maqsad Residence in the New Administrative Capital is a testament to modern urban living. Combining luxury, convenience, and sustainability, it caters to diverse needs while promising a high-quality lifestyle. Whether you’re a family seeking a comfortable home, an entrepreneur looking for business space, or an investor eyeing lucrative returns, Al Maqsad offers unparalleled value. Developed by City Edge Developments, this compound is poised to be a cornerstone of the NAC’s success story.
