Al Maqsad Residences

Al Maqsad Residence Compound is the second project of City Edge Real Estate Development Company in the New Administrative Capital, and it is the first residential apartment project inside the capital as well. It is one of the most luxurious projects in which the Urban Communities Authority cooperates with City Edge. Al Maqsad Compound, the New Administrative Capital, consists of two areas, each with its own character expressed by the engineering designs of the buildings in them.


##Details about Al Maqsad Compound, the New Administrative Capital

The area of ​​Al Maqsad City Edge project is about 214 acres divided into two residential areas, one of which is 97 acres and the other is 117 acres, and includes units with areas starting from 111 square meters and up to 187 square meters.

Al Maqsad Compound, the New Administrative Capital, is located in the R3 area in plot D4-D5 next to the most important and famous landmarks of the New Capital, such as the financial and business district, the Olympic Village, the Presidential Palace, and the government district.

##Developer of Al Maqsad Residence Compound, New Administrative Capital

The real estate developer of Al Maqsad Residence project is City Edge Real Estate Development Company, which is an alliance between the New Urban Communities Authority and the Housing and Construction Bank. It is a leading company in the real estate market and is known for its accurate implementation of projects and its commitment to project delivery deadlines.
The company places among its most important goals the development of new urban communities with the highest standards of quality and providing luxury units to customers, so its first project in the New Capital was the Al Maqsad Villas project only, then came the Al Maqsad Residence Compound, which is specialized in luxury residential buildings and apartments as well.
The company focuses all its efforts on expanding in the real estate market because it sees promising opportunities for real estate investment and is also attractive to foreign investment. City Edge seeks to transform into a holding company within the next two years, and the company owns a land portfolio of up to 700 thousand square meters.

Previous works of the executing company of Al Maqsad City Edge Compound

North Edge Towers, New Alamein City
Zahia Towers, New Mansoura City
Ayaba Compound in Sheikh Zayed
Al Maqsad Compound in the New Administrative Capital
Al Barouk Compound in the New Administrative Capital
Downtown Compound in New Alamein City
Mazarine Compound in New Alamein City


## Location of Al Maqsad Compound, New Administrative Capital

Al Maqsad Residence Compound, New Administrative Capital, is located in the R3 area, specifically in plot No. D4-D5, which is a wonderful and distinctive location next to a group of the most important neighborhoods and famous landmarks in the New Administrative Capital, such as the financial and business district, the government district, the presidential palace, the ministries district, the Canadian University, the Olympic Village and the capital airport.
Al Maqsad Compound, New Administrative Capital, is also located near the Suez Road and the Sports City, which is a location that is considered an entrance and facade to the new capital.


##Residential Unit Spaces in Al Maqsad City Edge Project

After the success of its first project, Al Maqsad Villas Compound, City Edge wanted to offer its customers another model of its projects, which is Al Maqsad Residence Compound, the New Administrative Capital, for luxury residential apartments. It is a compound with diverse units and spaces, as it contains 2-room model apartments with areas starting from 111 square meters and reaching 137 square meters, while it contains 3-room apartments with areas starting from 144 square meters and reaching 187 square meters.


##Types of residential units in Al Maqsad Residence Compound, the New Administrative Capital

Al Maqsad City Edge project is a project dedicated to luxury apartments only, and consists of two residential areas, the first for classically designed buildings and the second for modern designs. Al Maqsad Residence Compound contains only luxury residential apartments that come in different areas, payment systems and facilities for customers.


##Designs of Al Maqsad City Edge Project

The area of ​​Al Maqsad Compound in the New Administrative Capital is about 214 acres, and it is divided into two sections of multi-storey residential buildings, the first with an area of ​​about 97 acres and the second with an area of ​​about 111 acres.
The design of Al Maqsad City Edge project came in line with the vision of the real estate developer and the owner company City Edge, which is to provide upscale housing with the easiest possibilities and the most prestigious locations, as the facades in the first area of ​​Al Maqsad City Edge project were designed to express the authenticity of Egyptian architecture with its precision and calm classic colors, while in the second area, it was directed at owners of contemporary taste who are looking for upscale apartments with modern facades that are in line with contemporary lifestyles.
The company did not neglect the green spaces in Al Maqsad Compound in the New Administrative Capital, so it provided several acres distributed between buildings, gardens and parks, in addition to specialized areas for commercial, educational, commercial and sports services so that residents can enjoy an easy life around them with everything they need, whether basic or recreational needs.


##Features of Al Maqsad Compound, New Administrative Capital

Al Maqsad City Edge project is characterized by many features that made it one of the most important residential projects that customers are in high demand for, until the developer announced that it will start delivering a thousand units within a year from now, and the most important of these features are:
The wonderful location in the R3 area.
Diversity in designs and spaces.
Security services.
A guaranteed investment future in the Administrative Capital.
Al Maqsad Residence Compound is subject to the Central Bank's Real Estate Finance Initiative.
Repayment periods and facilities.
Green spaces.
Proximity to the most important landmarks of the New Capital.


##Services of Al Maqsad Compound, New Administrative Capital

A commercial mall with branches of the most important brands.
Public and private garages for units.
Gardens and parks.
Artificial lakes.
A sports club containing many playgrounds
A health club, gym, spa and jacuzzi.
Restaurant area.
Recreational area.
Cafes.
Bicycle, walking and jogging paths.
Entrance and exit gates.
Service management for the entire compound.


##Unit prices in Al Maqsad Compound, New Administrative Capital

The price of the property in Al Maqsad City Edge project varies according to the area and finishes, and the


Prices rise from time to time due to the continuous changes in the real estate market, and the latest price update is in the table above.


###Payment and installment systems in Al Maqsad Residence Compound, the New Administrative Capital

City Edge Company recently announced that the Al Maqsad project, the New Administrative Capital, is subject to the Central Bank's real estate financing initiative, which means that it is possible to obtain a luxury residential unit in the New Administrative Capital by paying 20% ​​of the unit price and paying the rest over 20 years.
It is the first company to apply the government initiative to its projects in the New Capital, and will start offering about a thousand units next year to those who book.
You can also follow one of these payment systems:
Pay 5% down payment and 10% after 3 months and installments over 3 years.
Pay 5% down payment and 10% after 3 months and installments over 5 years.
Pay 5% down payment and 10% after 3 months and installments over 7 years.


##Advantages of living in the New Administrative Capital

-The future of Egyptian real estate investment.
-An integrated city, not just a residential complex.
-It will become the headquarters of local meat next year.
-Close to the most important new cities; Shorouk, Badr, Madinaty, and also Ain Sokhna and its projects.
-It has the tallest tower in Africa (the Iconic Tower).
-It includes the largest park in the world (the Green River).
-It has the largest entertainment city in the Middle East.
-Headquarters for embassies, ministries, and major international companies.