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Begonia walk mall New Cairo by Menassat Developments
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Project details
| Location | Fifth Settlement, New Cairo |
|---|---|
| Unit areas | Starting from 20 m² |
| Start Price | 3,200,000 EGP |
| Payment Plan | 10% Down Payment , 7 Years Installments |
| Project Type | Administrative units , Commercial units , Medical units , |
| Developer | Menassat Developments |
| Unit types | clinics , Commercial , offices , |
| Sales number of Menassat Developments | 01118183030 (Click the number to call) |
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Begonia Walk New Cairo is the exclusive retail district of Begonia Residence compound, developed by Menassat Developments as a commercial, administrative and medical mall inside the Southern Investors Area at the heart of the Golden Square.
Administrative and medical units start at EGP 110,000 per square metre, while retail shops start at EGP 160,000 per square metre on the instalment plan, with a 10% down payment and equal instalments extending up to 7 years with no interest, alongside a launch discount reaching 15%.
The real differentiator here is that the mall does not have to look outside for its customers. It serves a live residential compound of 600 units before it serves the wider district, while fronting 4 main axes that connect it to New Cairo and the New Administrative Capital.
Begonia Walk Mall Project
The Meaning Behind the Name Begonia Walk
Begonia is a genus of flowering plants known for its colourful foliage and year-round bloom. Menassat first chose the name for its residential project, Begonia Residence, then extended it to the compound’s commercial district.
The word Walk, meanwhile, is a direct description of the architectural concept. The project was not designed as an enclosed building with internal corridors, but as an open retail promenade with units distributed along both sides between seating pockets and green lawns.
That is also why the facades are fully glazed, so that every unit looks out onto the flowers and open spaces. The name is not a marketing choice here so much as a translation of the design idea itself.
A Detailed Overview of Begonia Walk New Cairo
Menassat built the project on a different equation from the one most New Cairo malls follow. Instead of pushing the built-up ratio to its limit to maximise the number of sellable units, the developer allocated only 30% of the land to structures and left 70% for green areas, plaza and leisure services.
That decision reduces the unit count but raises visitor dwell time, which is the single most important metric in retail economics. Every additional minute a visitor spends inside the project translates into a higher probability of purchase and a better return for the unit owner.
Mostafa Ezz El Arab led the design department on the project, while engineering consultancy was assigned to Incomercial Selim and Eng. Sherif Selim, who also sits on the Menassat board. In practice this means engineering oversight on execution is internal rather than outsourced.
The building layout itself follows a logic of vertical activity separation. The ground and raised ground floors are dedicated entirely to retail, restaurants and cafés, since these are the activities that depend on frontage and pedestrian flow, while administrative offices and medical clinics occupy the three upper floors.
This separation serves both sides. The shop owner gets the highest possible footfall, and the office or clinic owner works away from retail noise while still benefiting from the same services and entrances.
Running beneath the entire building is a two-level underground garage, and this is a point worth pausing on, because parking pressure is the first factor that kills repeat visits in older New Cairo malls sitting on congested streets.
The strongest element in the project, though, remains its position inside the boundaries of a fully master-planned residential compound spanning 26 acres with 600 residential units. The mall begins its operational life with a fixed customer base living metres away, then expands outward into the surrounding Southern Investors Area compounds.
Begonia Walk New Cairo Details Table
| Item | Details |
|---|---|
| Project Name | Begonia Walk New Cairo |
| Developer | Menassat Developments |
| Board Members | Eng. Mahmoud Amin Masoud — Eng. Mohamed Sherif Shaalan — Dr. Sherif Selim |
| Location | Southern Investors Area — Golden Square — inside Begonia Residence compound, 5th Settlement |
| Total Area | 53,000 sqm (12.5 acres) |
| Built-up Ratio | 30% structures — 70% green areas, plaza and services |
| Number of Floors | Ground + raised ground + 3 upper floors |
| Floor Distribution | Retail: ground and raised ground / Administrative and medical: three upper floors |
| Unit Types | Retail shops — restaurants and cafés — administrative offices — medical clinics |
| Unit Areas | From 20 sqm for shops and from 31 sqm for offices and clinics |
| Prices Start From | EGP 3,200,000 for a retail shop |
| Price per Metre | From EGP 110,000 to EGP 160,000 per sqm (varies by floor and activity) |
| Payment Plan | 10% down payment and up to 7 years of equal instalments with no interest |
| Reservation Deposit | EGP 50,000 |
| Launch Discount | Up to 15% |
| Delivery Date | 2029 |
| Engineering Consultant | Incomercial Selim — Eng. Sherif Selim |
| Design Department | Mostafa Ezz El Arab |
| Parking | Two underground levels running beneath the entire mall |
Begonia Walk New Cairo Location
The mall sits within the boundaries of Begonia Residence compound in the Southern Investors Area, the district the market knows as the Golden Square in 5th Settlement, and the area with the highest concentration of completed compounds anywhere in New Cairo.
The commercial significance of that detail is straightforward. A retail mall does not live on land area but on the number of households with purchasing power close enough to it to repeat a visit weekly, and the district surrounding the project already contains inhabited residential communities rather than projects under construction.
A short drive from the mall lies Mivida compound, and behind it stretch El Narges and El Yasmine districts along with Al Rehab City, three residential blocks that together represent the largest concentration of purchasing power in eastern Cairo.
In terms of accessibility, the mall overlooks a network of 4 main axes: Gamal Abdel Nasser Axis, Mohamed Naguib Axis, South Teseen Street and El Gezira Axis, the same corridors that link 5th Settlement to the Middle Ring Road, the Suez Road and the Ain Sokhna Road.
This intersection opens the mall to two very different kinds of traffic. The internal axes bring in New Cairo residents on short, repeated trips, while the regional roads bring passing traffic from Nasr City, Heliopolis and the New Administrative Capital on weekends.
The project also benefits from its proximity to the American University in Cairo and the Canadian University. Universities in commercial districts generate daily traffic throughout the academic year and serve food and beverage outlets and quick-service concepts in particular.
Ultimately, the decisive factor in judging any retail location is whether the surrounding population is already there or still expected, and on this point the project stands comfortably, since most of what surrounds it has been delivered and occupied.
Begonia Walk Mall Location
Landmarks Near Begonia Walk New Cairo
| Landmark | Driving Time |
|---|---|
| Gamal Abdel Nasser Axis | Direct frontage |
| Mohamed Naguib Axis | 2 minutes |
| Mivida Compound | 4 minutes |
| South Teseen Street | 5 minutes |
| El Gezira Axis | 6 minutes |
| American University in Cairo (AUC) | 8 minutes |
| Cairo Festival City Mall | 10 minutes |
| Al Rehab City, El Narges and El Yasmine | 12 minutes |
| Middle Ring Road | 14 minutes |
| Mostakbal City | 16 minutes |
| El Shorouk City | 20 minutes |
| New Administrative Capital | 25 minutes |
| Cairo International Airport | 30 minutes |
Malls and Projects Near Begonia Walk New Cairo
5th Settlement is one of the most saturated districts in New Cairo when it comes to commercial and administrative projects, which means a serious investor compares before signing. Below are the closest alternatives on the market within the same catchment, along with the core difference in each.
- The Grid Mall — a commercial and administrative project by Upwyde Developments, built around flexible unit layouts that suit small offices and early-stage companies.
- South Gate Mall — by Wealth Plus Developments, distinguished by a direct service frontage that serves a wide residential block in southern 5th Settlement.
- Elev8 Business Complex — from the same developer, with an orientation that is administrative first rather than retail-led.
- City Hall 90 Mall — by Serac Developments, sitting directly on Teseen Street, which gives it high passing traffic but at a higher price per metre.
- One 90 Mall — by LMD Developments, combining retail and medical activities in a single building on a busy axis.
- Plus 90 Mall — by Hammat Developments, offering mid-sized administrative units aimed at independent offices and clinics.
The fundamental difference between Begonia Walk and these projects is that most of them rely on frontage and passing traffic to attract visitors, while Begonia Walk relies on a captive residential base enclosed within its own boundaries, guaranteeing a fixed daily minimum of movement regardless of street traffic patterns.
Unit Types, Areas and Prices at Begonia Walk New Cairo
Pricing in the project follows a single rule: floor level and activity type determine the price per metre. A retail unit on the ground floor carries the highest rate because it is closest to pedestrian flow, and the rate then decreases gradually as you move up to the administrative and medical floors.
| Unit Type | Floor / Position | Area (sqm) | Price Starts From |
|---|---|---|---|
| Retail shops | Ground floor | From 20 sqm | EGP 3,200,000 |
| Retail shops, restaurants and cafés | Raised ground floor | From 20 sqm | EGP 3,200,000 |
| Administrative offices | Three upper floors | From 31 sqm | EGP 3,410,000 |
| Medical clinics | Three upper floors | From 31 sqm | EGP 3,410,000 |
The price per metre starts at EGP 160,000 for retail units and EGP 110,000 for administrative and medical units, and it varies within each category according to floor level, the unit’s position relative to the frontage, and the width of the block it overlooks.
The prices quoted here are instalment-plan prices rather than cash prices, since the developer offers a launch discount of up to 15% off the base price during the first release period.
Begonia Walk Mall Units
To ask about the latest prices and available areas, contact the Begonia Walk Mall hotline: +201118183030
Payment Plans and Instalments at Begonia Walk New Cairo
Menassat introduced one clear system rather than a spread of plans, built on equal instalments with no interest. In practice this means the instalment value stays fixed from the first year to the last and does not shift with the length of the payment period.
| Item | Details |
|---|---|
| Down Payment | 10% of the total unit price |
| Instalment Period | Up to 7 years |
| Instalment Type | Equal, with no interest |
| Reservation Deposit | EGP 50,000 |
| Launch Discount | Up to 15% during the first release period |
On the ground, this plan means the smallest retail shop in the mall requires a down payment of just EGP 320,000 to begin contracting, a figure that puts the project within reach of the individual investor and not only larger companies.
Maintenance fees, the operating deposit and the cash discount percentage were not published in the launch brochure, and their values are set in the contract at the point of direct agreement with the developer.
Begonia Walk Mall Payment Plans
Delivery Dates at Begonia Walk New Cairo
The announced delivery date for the project is 2029, a timeline consistent with the current construction stage of the surrounding Begonia Residence compound, so that the commercial district begins operating after the residential units are occupied rather than before.
This sequencing matters a great deal to the commercial unit owner. A mall delivered before its catchment is inhabited typically passes through several years of low occupancy, whereas parallel delivery means real footfall from the first months of operation.
As for the finishing level, the company has not announced it officially yet. The norm in commercial malls is delivery on a Core & Shell basis, meaning the external structure and primary connections only, leaving the investor to fit out the unit according to their activity, as opposed to the fully finished system that hands over a ready-to-operate unit with walls, flooring and ceilings executed.
This keeps the finishing specification a key item in negotiation, since the gap between the two systems can represent a meaningful share of the total cost of the unit.
Services and Facilities at Begonia Walk New Cairo
The service structure in the project splits between facilities that serve the unit owner operationally and others that serve the visitor and extend dwell time. Three elements in particular set the mall apart and deserve separate detail.
Begonia Walk Mall Facilities
The Plaza and Open Spaces
Green areas, plaza and leisure services occupy 70% of the project’s total area, a high ratio by the standards of commercial malls, which usually push to maximise built-up space.
Distributed across the plaza are open seating pockets, water features and pedestrian pathways separating the blocks. This layout turns the mall from a place for a quick purchase into a place people visit to sit, which directly serves the restaurant and café activities on the ground and raised ground floors.
Meeting Facilities and Smart Building Systems
The mall includes a fully equipped meeting and conference room available to tenants and owners of administrative units, an addition that spares smaller companies the cost of allocating internal space for meetings.
Alongside this, the building runs on smart systems for lighting, air conditioning and access control, with a high-speed internet network covering the administrative floors. That leaves the unit ready for digitally dependent activities without structural modifications.
Begonia Walk Mall Administrative Offices
The Two-Level Underground Garage
The garage extends across two underground levels beneath the entire mall, a relatively generous parking allocation for a project with a built-up ratio of only 30%.
The value of this item shows up in comparison. Street parking is the leading reason a visitor swaps one 5th Settlement mall for another, and sufficient internal parking means the mall retains its visitors during peak hours and seasonal events.
Core Services at Begonia Walk New Cairo
| Category | Available Services |
|---|---|
| Operations and Maintenance | Regular cleaning and maintenance teams — smart building management systems — high-speed internet |
| General Facilities | Elevators — escalators — central air conditioning — backup power generators |
| Security and Safety | 24-hour security — surveillance cameras — electronic gates — fire suppression systems — emergency exits |
| Parking | Two-level underground garage |
| Common Areas | Plaza and green areas — water features and open seating — meeting room — mosque — restrooms |
| Service Activities | Restaurants and cafés — banks and ATMs — pharmacies — kids area — gym |
Commercial Investment Advantages at Begonia Walk New Cairo
Assessing any retail mall comes down to three numbers: how many potential customers live nearby, what it costs the investor to enter, and how well the design converts a visitor into a buyer. Here is how the project reads across those axes.
- A captive customer base inside the boundaries: the mall is the sole commercial district for a compound of 600 residential units spread over 26 acres, roughly 2,400 residents at an average of four people per household, and this block does not need to make a decision to travel because it already lives on site.
- An inhabited catchment rather than future projects: within less than 15 minutes sit Mivida, Al Rehab and the El Narges and El Yasmine districts, communities that have been delivered and occupied for years, meaning demand for commercial activity in the area exists today and is not tied to future handovers.
- A relatively low entry cost: the smallest retail unit starts at EGP 3,200,000 with a EGP 320,000 down payment and 7 years of interest-free instalments, so the investor controls a complete commercial asset against limited initial liquidity and settles the balance from operating income after delivery.
- A three-way mix that spreads risk: having retail, administrative and medical activities in one building reduces the mall’s dependence on a single sector, so a slowdown in shopping traffic during any period does not halt clinic and office footfall, and that stability in occupancy is what protects unit value over the long term.
- The difference from traditional savings instruments: a bank deposit delivers a fixed cash return with no underlying asset, whereas a commercial unit combines a renewable operating income from rent with a real estate asset whose value moves with the growth of the district, a fundamental distinction in an inflationary environment.
Begonia Walk Mall Investment Features
To calculate the expected return on a specific area and check unit availability on each floor, contact the Begonia Walk hotline: +201118183030
Why Invest in 5th Settlement?
5th Settlement is the most complete district in New Cairo in terms of infrastructure and services. Its network of main axes operates at full capacity, and it holds the highest concentration of universities, international schools and hospitals in eastern Cairo.
That completeness means a commercial unit here enters a ready market rather than one still forming, since demand for shops, offices and clinics moves with a population that is already present rather than with deferred handovers.
About Menassat Developments
Menassat Developments was founded in 2021 through the merger of eight founders and shareholders whose combined experience in contracting and real estate development exceeds 130 years, several of whom are members of the New Cairo Developers Union.
The company is overseen by a board that includes Eng. Mahmoud Amin Masoud, member of parliament and secretary of the housing committee, Eng. Mohamed Sherif Shaalan, owner of Roeya Real Estate Investment, and Dr. Sherif Selim, owner of Royal Real Estate Investment with development experience in New Cairo dating back to 2007.
Company figures point to a portfolio of more than 160 projects delivered by its founders at a combined value exceeding EGP 25 billion inside and outside Egypt, including work in Qatar and the UAE.
On the partnership side, Menassat relies for execution and consultancy on names including Sabbour, Pinnacle Misr, Ehaf Consulting Engineers, Solid Construction and Detac Construction, alongside Eltizam for asset management and Fitwel. It is a network that explains how a relatively young company is able to launch projects at this scale.
Menassat Developments Track Record
| Project | Location | Type |
|---|---|---|
| Begonia Residence Compound | 5th Settlement | Residential |
| Valory Mall | 5th Settlement | Commercial and administrative |
| Eclipse Mall | 5th Settlement | Commercial and administrative |
| Axle Mall | 5th Settlement | Commercial |
| Podia Tower | Downtown — New Administrative Capital | Administrative and commercial |
| Grand Hyatt Doha Hotel | Doha — Qatar | Hospitality |
| Sharjah Airport | Sharjah — UAE | Infrastructure |
Other Menassat Developments Projects on Our Website
The Menassat portfolio currently on the market splits between a residential arm represented by its New Cairo compounds and a commercial and administrative arm stretching from 5th Settlement to Downtown in the New Administrative Capital. These are the company’s projects closest to Begonia Walk for comparison.
- Begonia Residence Compound — the residential project that houses the mall and forms its first customer base, offering apartments and studios in 5th Settlement across 26 acres.
- Valory Mall New Cairo — the commercial launch closest to Begonia Walk in both city and activity mix, and a useful benchmark for comparing price per metre between the two releases.
- Podia Tower — an administrative and commercial tower in Downtown in the New Administrative Capital, and the company’s largest project in terms of height and centrality of location.
The company also has two earlier commercial releases in the same city, Eclipse Mall and Axle Mall, both reflecting the Menassat approach of tying its residential projects to adjacent commercial districts.
Book Your Investment Unit at Begonia Walk New Cairo
Begonia Walk New Cairo is a commercial release built on a different logic, and what sets it apart can be summarised in a few specific points:
- The exclusive commercial district of a live residential compound of 600 units inside the Golden Square.
- 70% of the area given to green space, plaza and services against only 30% built-up.
- Full vertical separation between retail activity on the ground and raised ground floors and administrative and medical activity on the upper floors.
- An entry cost starting from a EGP 320,000 down payment for the smallest shop, with 7 years of equal, interest-free instalments.
- A two-level underground garage and delivery in 2029, timed alongside occupancy of the surrounding compound.
Units on the frontage floors are limited, and the launch discount is tied to the first release period, so booking a site visit early is what determines the range of choices still available.
Begonia Walk Mall Units
To book your unit or ask about payment plans and available areas, contact the Begonia Walk Mall hotline: +201118183030
Available daily from 10 AM to 10 PM
Frequently Asked Questions
Begonia Walk is a commercial, administrative and medical mall developed by Menassat Developments inside Begonia Residence compound in the Southern Investors Area of 5th Settlement. It spans 53,000 sqm with only 30% built-up, and combines retail shops, restaurants, offices and clinics in one open-promenade layout.
Retail units start at EGP 160,000 per sqm, and administrative and medical units start at EGP 110,000 per sqm. The rate varies within each category based on floor level and the unit's position relative to the frontage. Quoted prices are instalment-plan prices, not cash prices.
The plan starts with a 10% down payment and instalments over up to 7 years, equal and interest-free. The reservation deposit is EGP 50,000, and a launch discount of up to 15% applies during the first release period.
Retail shops start from 20 sqm, while administrative offices and medical clinics start from 31 sqm. The smallest retail unit works out to roughly EGP 3,200,000, requiring a down payment of about EGP 320,000.
The announced delivery date is 2029, timed to run parallel to the occupancy of the surrounding Begonia Residence compound. This sequencing means the mall opens with an inhabited catchment rather than empty units around it.
Its main strength is a captive customer base: the mall is the sole commercial district for a compound of 600 units, with Mivida, Al Rehab and the El Narges and El Yasmine districts all within a short drive. The three-way retail, administrative and medical mix also reduces dependence on any single sector.
Yes, a two-level underground garage runs beneath the entire mall. Sufficient internal parking is a decisive factor in 5th Settlement, where street-parking pressure is the leading reason visitors switch from one mall to another.
Mostafa Ezz El Arab led the design department, with engineering consultancy handled by Incomercial Selim and Eng. Sherif Selim, who also sits on the Menassat board.
The developer has not officially announced the finishing level. The norm in commercial malls is Core & Shell delivery, where the investor fits out the unit according to their activity, and this is confirmed in the contract at the point of agreement.
For prices, availability and site visits, contact +201118183030. Available daily from 10 AM to 10 PM.
For all Menassat projects across 5th Settlement and the New Administrative Capital, contact +201118183030. The sales team provides the latest payment plans and unit availability.
