Al Maqsad Residences Compound is a pioneering residential development in Egypt’s New Capital City. This luxurious real estate project spans 214 acres and offers several housing options, from apartments to villas.
Developed by City Edge Developments, Al Maqsad is strategically located near critical areas of the New Capital, including the presidential palace and business district. The compound aims to provide residents with a modern living experience in Egypt’s ambitious new urban center.
Developer Insights
City Edge Developments, the mastermind behind Al Maqsad Residences, brings extensive experience and strategic vision to this project in Egypt’s New Administrative Capital. Their partnership approach and focus on innovative urban development shape the compound’s design and amenities.
City Edge Development Profile
City Edge Developments is a prominent real estate developer in Egypt. The company specializes in creating modern urban communities across the country. Their portfolio includes projects in the North Coast, 6th of October City, and New Mansoura.
City Edge has a reputation for delivering high-quality residential and commercial properties. Its developments focus on integrating smart technologies and sustainable design principles.
The developer’s experience spans various property types, including villas, townhouses, and apartments. This diverse expertise allows them to cater to different market segments and lifestyle preferences.
Strategic Partnerships and Vision
City Edge Developments operates through a strategic partnership between the New Urban Communities Authority and the Housing & Development Bank. This collaboration combines public-sector resources with private-sector efficiency.
The partnership aims to create innovative urban spaces that enhance residents’ quality of life. Its vision aligns with Egypt’s broader urban development goals, particularly in new cities like the Administrative Capital.
City Edge’s approach emphasizes sustainable growth and community-centric design. Its projects prioritize access to green spaces, modern amenities, and efficient infrastructure.
The developer’s strategic vision for Al Maqsad Residences includes creating a well-connected community within the New Capital. They aim to leverage the area’s proximity to key landmarks and transportation networks.
Al Maqsad Project Overview
Al Maqsad New Capital is a modern residential compound developed by City Edge Developments in Egypt’s New Administrative Capital. The project spans 211 acres and offers a luxurious living experience with high-end amenities and contemporary design.
Key Features and Amenities
Al Maqsad boasts an array of impressive features. The compound includes artificial lakes and parks, creating a serene environment for residents. Lush greenery and well-designed landscapes enhance the overall aesthetic.
Water bodies are strategically placed throughout the development, adding to its tranquil atmosphere. The project incorporates ample green spaces, providing residents with areas for relaxation and outdoor activities.
Recreational facilities cater to various interests. Sports enthusiasts can enjoy dedicated areas for physical activities. The compound also offers spaces for social gatherings and community events.
Design and Architecture
Al Maqsad showcases modern architectural designs that blend functionality with aesthetics. The project comprises a mix of villas, townhouses, and twin houses, catering to different preferences and family sizes.
The residential units feature contemporary layouts and high-quality finishes. Large windows allow for natural light and offer views of the surrounding landscapes.
Exteriors are thoughtfully designed to create a cohesive and visually appealing environment. The architectural style reflects current trends while maintaining a timeless appeal.
Common areas and shared spaces are carefully planned to enhance community interaction. The overall design prioritizes comfort, privacy, and a sense of luxury for residents.
Residential Offerings
Al Maqsad Residences Compound offers diverse housing options to suit different preferences and budgets. The development features various unit types and sizes, with attractive pricing and investment opportunities.
Diverse Housing Units
Al Maqsad Residences offers a mix of apartments, villas, townhouses, and twin houses. Apartments come in different sizes and cater to singles, couples, and families. Villas offer spacious living with private gardens. Townhouses provide a balance between apartment and villa living.
Twin houses share a common wall, offering more space than apartments at a lower cost than standalone villas. All units are fully finished to high standards, ensuring move-in-ready homes. The compound features luxurious interiors and modern designs throughout.
Investment and Pricing Details
Al Maqsad Residences offers competitive pricing for its units. Apartments start at lower prices, making them accessible to more buyers. Villas and townhouses are priced higher, reflecting their larger size and additional amenities.
The compound provides flexible payment plans to facilitate purchases. These may include down payments and installment options. Investors can expect potential returns through property value appreciation and rental income opportunities.
Prices vary based on unit type, size, and location within the compound. Larger units and those with premium views typically command higher prices. The development’s location in the New Capital City adds to its investment appeal.
Living in New Capital
Al Maqsad Residences offers a modern lifestyle in Egypt’s New Administrative Capital. The compound provides residents with convenient access to critical areas and amenities within the city.
Community and Lifestyle
Al Maqsad Residences fosters a vibrant community atmosphere. The compound features various recreational facilities for residents to enjoy.
Green spaces and parks provide areas for outdoor activities and relaxation. Residents can take advantage of walking paths and playgrounds.
The development includes retail spaces, cafes, and restaurants within easy reach. These amenities create opportunities for socializing and entertainment.
A mosque is located nearby for religious observance. The compound’s design promotes a balance between privacy and community engagement.
Accessibility and Transportation
Al Maqsad Residences benefits from a strategic location in the R3 residential district. The compound is situated near several vital areas of the New Administrative Capital.
The Financial and Business District is just minutes away, which is ideal for professionals working in the area. The Government District is also nearby.
Major educational institutions like the Canadian University are easily accessible, and the compound’s location allows for quick travel to the city’s central areas.
Public transportation options are available for residents. The New Administrative Capital’s planned infrastructure aims to reduce commute times and traffic congestion.
Investment Opportunities
Al Maqsad Residences offers attractive investment options in Egypt’s New Capital City. The compound provides flexible payment plans and promising potential for future real estate growth.
Payment Plans and Financials
Al Maqsad Residences offers buyer-friendly payment plans to make property acquisition accessible. The compound features a 5% down payment option, allowing investors to secure units with minimal upfront costs.
Installment plans extend up to 7 years, providing ample time for buyers to manage their finances. This long-term payment structure makes luxury living more attainable for a wider range of investors.
The compound’s payment systems aim to accommodate various financial situations. Buyers can choose from multiple plans tailored to their needs and budget constraints.
Future Real Estate Trends
Al Maqsad’s location in the New Administrative Capital positions it favorably for future growth. Property values will be appreciated as government offices and businesses relocate to the area.
The compound’s modern amenities and strategic location make it attractive for residential and rental purposes. This dual potential enhances its appeal as a long-term investment.
Egypt’s real estate market has shown resilience, with the New Capital City projects driving significant interest. Al Maqsad benefits from this trend as the area develops and attracts residents and businesses.
Frequently Asked Questions
Al Maqsad Residences Compound offers its residents various housing options, amenities, and services. The project is strategically located within the New Capital City and prioritizes security for its inhabitants.
What are the housing options available in Al Maqsad Residences?
Al Maqsad Residences offers fully finished apartments with luxurious finishes. The project offers several unit sizes to accommodate different family needs.
Apartments feature sophisticated exterior and interior designs, catering to those seeking high-end living spaces in the New Capital City.
What amenities are offered to residents of Al Maqsad Residences Compound?
The compound includes a variety of amenities designed for comfort and convenience. Residents can enjoy landscaped green spaces and recreational areas within the community.
Sports facilities and fitness centers are available for those maintaining an active lifestyle. The project also incorporates retail spaces and dining options to serve residents’ daily needs.
Can you explain the purchasing process for properties in Al Maqsad Residences?
Interested buyers can contact City Edge Developments, the project developer, to inquire about available units. The company provides information on pricing, payment plans, and financing options.
Prospective owners must submit the required documentation and make an initial deposit to secure their chosen property. The full purchasing process may involve several steps, including contract signing and installment payments.
What is the proximity of Al Maqsad Residences to critical locations in the New Capital City?
Al Maqsad Residences is in a prime location within the New Administrative Capital, near important government and business districts.
Residents benefit from easy access to major roads and transportation hubs planned for the new city. Key amenities such as schools, hospitals, and shopping centers are nearby.
How does Al Maqsad Residences Compound ensure the security and safety of its residents?
The compound implements comprehensive security measures to protect its inhabitants. These include controlled access points and 24/7 surveillance systems throughout the premises.
Trained security personnel patrol the compound regularly, and emergency response protocols are in place to tackle any safety concerns promptly and efficiently.
What public transportation options are available near Al Maqsad Residences?
The transportation infrastructure of New Capital City is still under development. Plans include a network of buses and a monorail system to connect different city areas.
Al Maqsad Residences’ location will benefit from these future transportation options. In the meantime, residents primarily rely on private vehicles or taxi services for their commuting needs.
