Learn About Al Maqsad Residence in the New Administrative Capital
Al Maqsad Residence compound is an integrated modern residential project within the projects of City Edge Real Estate Development. The compound includes a group of various real estate units, spanning on an area of 214 acres divided between residential units and basic and modern facilities.
The units of the compound are divided into a group of residential units and include apartments, villas, townhouses, and twin houses, with areas ranging from 111 to 464 square meters, in addition, it includes a group of diverse-use properties with areas of up to 187 square meters.
Various Types of Units of Al Maqsad Residence Compound in the New Administrative Capital
The diversity in Al-Maqsad Residence units offers you a wide choice between different types of real estate, whether you are looking for medium spaces or large areas, and all units are built on the finest designs, as well as providing charming facilities as possible in the unit, such as gardens, swimming pools and roof in villas .
Most Important Services in Al Maqsad Residence Compound in the New Administrative Capital
City Edge Real Estate Development Company always searches for the comfort of its customers and provides the services and facilities they are looking for. This is why it has collected several recreational facilities within Al Maqsad Residence, including: parks – gymnasium – health club – shopping mall. All of which to ensure that each resident enjoys a wide variety of options in which they could spend their time in.
It was not only limited to providing entertainment services, but also provided them with everything that makes their compound an integrated community. By providing 24-hour security services, in addition to a restaurant and café area, and a private indoor garage for cars.
Strategic Location of Al Maqsad Residence in the New Administrative Capital
Al Maqsad Compound is located near the most important neighborhoods in the Administrative Capital, next to the Financial and Business District and the Ministries Quarter, and even the Presidential Palace is not far from it, and it is in a prime location as a destination for the Administrative Capital, as well as easy access to it via the Suez Canal.
Choose the Right Area and Type for Unit in Al Maqsad Residence Compound
Diversity was the basis on which the design carried out by City Edge Real Estate Development Company in this project. It provided a variety of residential units, starting with apartments ranging in size between 111 and 144 square meters, followed by townhouses with areas of about 380 square meters, then the twin house, which reached in It has an area of about 420 square meters, and finally the villas with an area of about 464 square meters.
The price per square meter for apartments starts at EGP 14,000, followed by townhouses at a price of EGP 17,200, as for a twin house, the price per square meter is about EGP19,285, and finally villas at approximately EGP 23,000 per square meter.
Payment Systems: The Longest Payment Period in Al Maqsad Residence Compound in the New Capital
What is unique about payment systems in Al-Maqased is that the compound is subject to the Central Bank’s initiative for real estate financing. Meaning that it is possible for the customer to get an apartment in the compound with the best installment system, by paying 20% down payment and the rest over 20 years.
Other payment systems can also be chosen, including paying 5% of the total unit price, then 10% after 3 months, and the installments are made in either 3, 5 or 7 years, according to the terms of the agreement.
Background Information on the Real Estate Developer of Al Maqsad Residence project
City Edge Real Estate Development Company is one of the leading real estate market companies in its field, which is an alliance between modern urban communities and the Housing and Development Bank. It aims for foreign investment in the future on its projects.
Previous Works of City Edge Real Estate Development
City Edge Real Estate Development has provided a set of modern compounds for a distinctive life, most notably:
- New Alamein City
- Zahia Towers
- New Mansoura City
- Awaya Compound, Sheikh Zayed
- Al Maqsad Compound, the New Administrative Capital
- Al Barouk Compound, the New Administrative Capital
- Downtown Compound, New Alamein
- Mazarin Compound, New Alamein City
Numerous Advantages for Residing in the New Administrative Capital
The New Administrative Capital is the future in Egypt in various aspects. It is an integrated city in terms of services and facilities. It brings everything together for you in one place, and there is no comparison between it and any traditional residential complex. It will certainly host all types of services in no time. In addition, it is being designed with sophisticated modern methods that give residents what they are looking for in terms of taste that adds an artistic touch to their lives.
Modern and Advanced Features in the New Administrative Capital
The New Administrative Capital is not limited to being a residential city or land for real estate projects only, but it will also be a hub for distinctive landmarks with global resonance. Most notably the tallest tower in Africa (the iconic tower), the largest park in the world (the Green River), and the largest entertainment city in the Middle East, as it is close to new cities such as Al-Shorouk, Badr City, and Madinaty. In addition to Ain Sokhna, with its distinctive tourism projects.
Read more on the advantages of living in the New Administrative Capital