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RAQ Mall New Cairo by Redminds (RMD) | 2026 Prices



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Project details
| Location | North Teseen Street, Golden Square, Al Koronfel, Fifth Settlement |
|---|---|
| Unit areas | Starting from 18 m² |
| Start Price | 4,500,000 EGP |
| Payment Plan | 10% Down Payment , 8 Years Installments |
| Project Type | Administrative units , Commercial units , Medical units , |
| Developer | RMD Developments |
| Unit types | clinics , Commercial , offices , pharmacies , |
| Sales number of RMD Developments | 01117879909 (Click the number to call) |
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On North 90th Street, in the heart of Golden Square in the Al Qarnfal area of the Fifth Settlement, RMD Developments (Redminds Developments) presents RAQ Mall.
The Project is officially known as RAQ Hub Mall, as an integrated commercial, administrative, and medical destination where the spirit of Arabic architecture meets the elegance of contemporary design, under the slogan “ Rising in value, Lasting in memory“.

RAQ Mall spans an area of 8,250 square meters and comprises 362 units for commercial, administrative, and medical activities.
It features a main frontage measuring 75 meters wide and a depth of 110 meters, serving more than 950,000 residents in the surrounding areas.
Prices for administrative and medical units start at approximately EGP 4,500,000, while commercial units start at EGP 6,000,000.
The payment plan requires a 10% down payment, with installments over 8 years, in addition to a launch discount of up to 15%.
Overview of RAQ Mall Fifth Settlement
RAQ Mall is the third commercial mall developed by RMD Developments in New Cairo, following Actio Mall and TAG Square.
According to the developer, the project aims to elevate the company’s brand to a new level, drawing on an Arab partnership between Egypt and Saudi Arabia that reflects the strength of the alliance between the two sides.
The developer describes the project as a destination that does not simply enter the market but establishes a strong presence within it, and as a landmark recognized not only for its location but also for the value it represents.
The project carries the name RAQ Hub Mall and is built around the idea of bringing together three main activities under one roof: retail and restaurants, administrative offices, and medical clinics.
This creates a continuous daily flow of visitors throughout the day.

The project is situated at a point where a very high population density meets the continuous traffic flow along 90th Street itself.
This makes it an ideal destination for business owners seeking direct visibility among thousands of cars and pedestrians every day, as well as for doctors and office owners looking for an address that is easily accessible from different neighborhoods across New Cairo.
The project marks the first step in an Egyptian-Saudi real estate alliance between Redminds and Saudi Arabia’s Al Warda International Food Trading Group, represented by Sheikh Ibrahim Al-Ateeq, with project investments estimated at approximately EGP 4 billion.
RAQ Mall Fifth Settlement Details
| Item | Details |
|---|---|
| Project Name | RAQ Mall (RAQ Hub Mall) |
| Real Estate Developer | RMD Developments (Redminds Developments) |
| Location | North 90th Street, Golden Square, Al Qarnfal, Fifth Settlement |
| Project Area | 8,250 sqm |
| Number of Units | 362 units |
| Project Frontage | 75 meters wide × 110 meters deep |
| Project Type | Integrated commercial, administrative, and medical project |
| Ground Floor Ceiling Height | 5 meters |
| Engineering Consultant | Smarch, led by Engineer Wael El-Samman |
| Management and Operations | Egy Map for commercial units and Healthy Care for medical units |
| Starting Prices | From EGP 4,500,000 for administrative and medical units, and from EGP 6,000,000 for commercial units |
| Payment Plans | 10% down payment and installments over 8 years |
| Launch Discount | Up to 15% |
| Delivery Date | Within 3 years from the contract date |
| Population Served | More than 950,000 residents |
For more details, contact the RAQ Mall sales team at: 01117879909
RAQ Mall Location
RAQ Mall occupies a strategic location directly on North 90th Street, in the heart of Golden Square in the Al Qarnfal area of the Fifth Settlement, surrounded by some of the finest residential communities in New Cairo.
As a result, the project’s location gives RAQ Mall access to nearby residents who expect a high standard of services, in addition to the constant traffic along 90th Street itself.

According to the developer, the project is just a short drive from some of the area’s most prominent residential, sports, and educational destinations, including:
| Destination | Distance |
|---|---|
| Lotus Buildings | 1 minute |
| Diar Compound | 1 minute |
| Tamr Henna District | 1 minute |
| Al Marasem Compound | 2 minutes |
| Wadi Degla Club and Platinum Club | 2 minutes |
| Al Rehab City | 3 to 5 minutes |
| Suez Road | 5 minutes |
| American University in Cairo (AUC) | 5 minutes |
| Mivida Compound | 5 minutes |
| New Administrative Capital | 14 minutes |
| Ring Road | 15 minutes |
This location means the project serves four different customer segments simultaneously:
- Residents of nearby compounds and apartment buildings, who can reach it on foot or by car in one or two minutes.
- Students and faculty members at the American University in Cairo.
- Visitors to the major nearby sports clubs.
- People commuting along North 90th Street daily between East Cairo and the New Administrative Capital.

Nearby Services Around RAQ Mall Fifth Settlement
Before making a purchase decision, it is worth assessing the actual value of the location by looking at the surrounding population density and available services.
Some of the key advantages of the project’s surroundings include:
- High-density residential communities: Lotus Buildings, Diar Compound, Tamr Henna District, and Al Marasem Compound are all just one to two minutes away, providing a consistent daily customer base.
- Sports clubs: Wadi Degla Club and Platinum Club attract families with high purchasing power.
- Key destinations: The American University in Cairo, Mivida Compound, and Al Rehab City are all just a few minutes away.
Compounds Near RAQ Mall Fifth Settlement
The compounds surrounding RAQ Mall represent its primary customer base. They include some of the finest residential neighborhoods in the Fifth Settlement, such as:
Developed by Regency Urban Developments (RUD) across an area of 8 acres, with prices starting at EGP 2,900,000, a down payment starting at 5%, and installments over up to 12 years.
Developed by Samco Holding Developments in the Andalus District, with prices starting at EGP 4,644,000, a down payment starting at 0%, and installments over up to 10 years.
It offers fully finished apartments with air conditioning units.
Developed by City Edge Developments across an area of 60 acres, with prices starting at EGP 5,679,000, a 5% down payment, and installments over up to 8 years.
It offers apartments, duplexes, lofts, and mansion triplexes.
Developed by Town Writers across an area of 25 acres, with prices starting at EGP 2,750,000, a 5% down payment, and installments over up to 15 years.
It is located next to the Middle Ring Road, features a building ratio of no more than 19%, and is scheduled for delivery in the fourth quarter of 2027.
Developed by El Masria Group Developments across an area of 70 acres, with prices starting at EGP 17,300,000, a 0% down payment, and installments over up to 10 years.
It offers villas with built-up areas starting from 158 sqm, across three categories: Violin, Cello, and Piano.
Malls Near RAQ Mall Fifth Settlement
Before deciding to purchase a unit in RAQ Mall, it is worth considering the following alternatives:
Developed by Milestone Developments, it is located next to Tolip El Narges Hotel and close to South 90th Street.
It offers commercial, administrative, and medical units, in addition to hospitality and service spaces, within a mixed-use project featuring contemporary design and integrated facilities.
Developed by Wealth Plus Developments across an area of 4,300 sqm, with prices starting at EGP 8,262,000 for administrative and medical units and EGP 21,243,000 for commercial units, with installments over up to 7 years.
Unit areas start from 25 sqm for commercial units and 45 sqm for administrative and medical units.
Developed by Wealth Plus Developments on South 90th Street, with prices starting at EGP 9,000,000, a 25% down payment, and installments over up to 3 years.
The building is fully constructed and ready for delivery. It offers commercial and administrative units, an open terrace, and two underground parking levels.
Tip: When evaluating a commercial or medical project on 90th Street, make sure to assess its proximity to densely populated residential communities and the direct visibility of its frontage. Do not rely solely on the street’s reputation, and remember that nearby customers are the foundation of stable long-term revenue.
RAQ Mall Fifth Settlement Design
RAQ Mall was designed by Smarch, led by Engineer Wael El-Samman, whom the developer describes as one of Egypt’s leading engineering consultants, with extensive experience and a portfolio that includes numerous commercial projects, such as:
- Catalia Medical Complex.
- Park U.
- Aisle 90.
- Artea Mall.
- Angle Mall.
- Vista Mall.
- Axis Mall.
- Silver Star.
- Najma Walk.
- Nexus Mall.
- Cascada Plaza.
- Moonyard Mall.
The architectural concept blends traditional Arabic heritage with contemporary elegance, creating a dialogue between the past and present that is reflected in every arch, curve, and detail.
The project’s façade draws inspiration from the grandeur of Arabic architecture through majestic arches that frame its presence and warm stone tones that lend it a sense of timeless elegance, complemented by contemporary glass façades and large arched windows overlooking the street and internal plaza.

The project occupies the highest point within Golden Square, with a ground-floor height of 5 meters, giving ground-floor commercial units greater visual depth and larger display spaces than usual.
RAQ Mall Fifth Settlement Master Plan
The master plan is centered around a central plaza featuring a water fountain and tiered seating. Most units overlook either 90th Street directly or the internal plaza, giving each tenant or owner distinctive visibility for their business.
According to the developer’s official floor plans, the project is distributed as follows:
Lower Ground Floor

Ground Floor

First Floor

Second Floor

| Floor | Main Use | Key Components |
|---|---|---|
| Lower Ground Floor |
Commercial and service | A hypermarket covering approximately 1,593 sqm, a hypermarket storage area of approximately 351 sqm, a children’s play and waiting area of approximately 344 sqm, car care units, prayer rooms, and restrooms |
| Ground Floor |
Commercial | Retail and restaurant units ranging from approximately 17 sqm to more than 200 sqm for larger units, a pharmacy covering approximately 79 sqm, and ATMs |
| First Floor |
Commercial | Retail units with areas ranging approximately from 17 to 73 sqm, alongside open corridors overlooking the internal plaza |
| Second Floor |
Administrative and medical | Offices and clinics ranging approximately from 26 to 66 sqm, with a waiting area in front of each unit and a management office |
| Parking Floor | Car parking | A full floor dedicated to parking, equipped with electric vehicle chargers |
All areas mentioned above are based on the developer’s official floor plans and may vary slightly depending on the unit and floor.
Therefore, it is advisable to confirm the final area of the desired unit with the sales team before booking.
Unit Areas and Prices at RAQ Mall Fifth Settlement
RAQ Mall offers three main unit categories designed to accommodate different business activities within one building. Unit areas vary according to the floor and the unit’s position relative to the street or internal plaza.
Commercial units start at approximately 18 square meters, while administrative and medical units start at approximately 26 square meters:
| Unit Type | Area (Starting From) |
Price (Starting From) |
Suitable Activities |
|---|---|---|---|
| Commercial | ≈ 18 sqm | EGP 6,000,000 | Restaurants and cafés, clothing and accessories, services, pharmacies, and hypermarkets |
| Administrative and Medical | ≈ 26 sqm | EGP 4,500,000 | Start-up offices, company branches, clinics, and medical centers operated by Healthy Care |
According to the project’s official floor plans, commercial unit areas are divided into the following categories:
- Small units suitable for kiosks and specialized retail shops.
- Medium-sized shops, generally ranging from 30 to 60 square meters.
- Large ground-floor units exceeding 200 square meters, suitable for large restaurants and retail chain brands.

Administrative units, meanwhile, generally range from 26 to 66 square meters, making them suitable for individual offices and small to medium-sized teams. All project units enjoy distinctive views, either of 90th Street or the internal plaza.

It is worth noting that these areas are approximate and based on the floor plans, while the prices represent starting prices according to the latest update announced by the developer at the time this content was prepared.
Actual prices and areas may vary depending on the floor and the unit’s location relative to the street or plaza.
Before moving on to RAQ Mall’s payment plans, take a look at some of the most distinctive units in RAQ Mall Fifth Settlement:
Smallest Commercial Shop at RAQ Mall

Smallest Office / Clinic at RAQ Mall

To inquire about the availability of the units shown above, call: 01117879909.
RAQ Mall Fifth Settlement Payment Plans
RMD Developments offers a flexible payment plan for RAQ Mall units, in addition to a special launch-period discount:
| Item | Details |
|---|---|
| Down Payment | 10% of the unit price |
| Installment Period | Over 8 years |
| Launch Discount | Up to 15% |
This plan is suitable for investors seeking a relatively long installment period that allows them to cover payments through rental income.
It also suits doctors and business owners who prefer to establish their businesses in a prime location without facing significant financial pressure during the first few years.
RAQ Mall Fifth Settlement Delivery Date
RMD Developments has set the delivery date for RAQ Mall units within 3 years from the contract date.
This places the project among commercial, administrative, and medical developments with a relatively reasonable delivery timeline compared to other recently launched projects in the market.
This timeframe is compatible with the announced 8-year payment plan, as buyers can start benefiting from their units approximately 3 years after delivery, while continuing to pay installments for additional years.
This allows them to cover part of their installments through rental income or profits generated by their actual business activities.
It is always advisable to confirm the final delivery date with the sales team at the time of contracting, as these dates may be subject to updates.
RAQ Mall Fifth Settlement Services and Facilities
RAQ Mall provides an integrated range of services designed to enhance the experience of visitors, tenants, and owners alike:
- Hypermarket: A large space on the lower ground floor that serves as a daily attraction for residents of the surrounding area.
- Pharmacy and ATMs (3 ATM): Covering visitors’ daily needs without requiring them to leave the project.
- Largest Waiting and Children’s Play Area: According to the developer, this area exceeds 340 square meters and allows families to shop comfortably.
- Central Plaza with a Fountain and Tiered Seating: A dedicated space for seating and social events within the project.
- 10 Elevators and 5 Escalators: Facilitating visitor movement between floors and reducing waiting times during peak hours.
- Full Parking Floor with Electric Vehicle Chargers: Providing sufficient parking spaces for conventional and electric cars.
- Car Care Service: Dedicated units offering car care services on the lower ground floor.
- Waiting Area in Front of Every Office and Clinic, Along with a Management Office: Organizing the entry of visitors and clients in a comfortable manner.
- Accessibility for People with Disabilities: According to the project’s official plans.
- Prayer Rooms and Restrooms: Dedicated to men and women on the lower ground floor.
RAQ Mall Fifth Settlement Management and Operations
RMD has ensured the appointment of two specialized companies to manage and operate the project’s activities, guaranteeing service quality and consistent performance:
Egy Map
A leading Egyptian company specializing in asset and property management solutions, leasing, operational consultancy for malls, and franchise licensing. It is responsible for managing the project’s commercial units.

Several brands have already secured spaces in the project, including:
- Karak Boy.
- Walid El-Geziry Salon and Café.
- Bakery Khan.
- Pizza Station.
- Fashion Avenue.
- Bukharest Black.
Healthy Care
A trusted Egyptian healthcare operator with experience in managing medical facilities, business planning, and delivering integrated healthcare experiences across multiple specialties. It is responsible for operating the project’s medical units.

About RMD Developments (Redminds Developments)
RMD Developments (Redminds Developments) is a trusted Egyptian real estate developer with more than 20 years of experience in commercial and residential projects and contracting.
Its portfolio includes more than 246 completed projects and over 3,300 clients, across New Cairo, Obour, 6th of October, El Shorouk, and Badr City.
The company is led by a board of directors that includes Mr. Mohamed Yehia as Chairman.
He brings experience in the telecommunications and information technology sectors, with collaborations involving international companies across Asia, Africa, and Europe, and entered Egypt’s real estate sector in 2010.
The board also includes Sheikh Ibrahim Al-Ateeq, a businessman and investor in the Gulf region; Dr. Mohamed Fawzy, a real estate expert since 2005; Dr. Hussein Fathy, who has led and completed more than 190 projects across Egypt; and Dr. Mohamed Embaby, an oral and maxillofacial surgeon who holds an MBA.

The company’s philosophy is built on creating trust, not just buildings, by combining product quality, after-sales support, and a customer-first approach.
Its creative philosophy is based on six pillars: boldness, creativity, advanced methods, uniqueness, dynamism, and infinity.
The company holds three ISO certifications in occupational health and safety management, environmental management, and quality management.
Its vision is to become a leading developer of high-quality, high-value real estate projects in the Egyptian market, while expanding into Arab markets through its commercial and residential developments.
In November 2025, the company announced a real estate alliance with Saudi Arabia’s Al Warda International Food Trading Group, represented by Sheikh Ibrahim Al-Ateeq, with a declared investment plan reaching EGP 20 billion. RAQ Mall represents the first project under this alliance.
Company Track Record
Redminds’ activities are not limited to RAQ Mall; they extend to a wide range of commercial, residential, and contracting projects across several cities. Some of its most prominent projects in New Cairo include:
Actio Mall
Actio Mall is the first commercial and mixed-use center in the heart of the Third District in New Cairo.
It occupies a vibrant location and offers commercial, administrative, and medical units. It is the company’s first commercial development in the area.
TAG Square
The first mall specializing in providing supplies for various crafts. It is located in the heart of the Third District in New Cairo and is based on a specialized retail concept targeting a specific customer segment.
Projects in Other Cities
The portfolio also includes a commercial mall in Badr City, near the New Administrative Capital; standalone residential buildings in El Shorouk City, featuring extensive green spaces; buildings in New Cairo; projects in Obour City, known for its organized urban planning; and buildings in 6th of October City and Sheikh Zayed City.
This diverse portfolio, spanning six cities, reflects Redminds’ extensive execution experience and its ability to manage multiple projects simultaneously and at different scales. This experience is also reflected in the company’s attention to quality and detail at RAQ Mall itself.
Why Choose RAQ Mall ?
RAQ Mall offers several advantages that make it a worthy option to consider for anyone looking for a commercial, administrative, or medical unit in the Fifth Settlement. Its key features include:
- Direct Location on North 90th Street: In the heart of Golden Square, surrounded by densely populated residential communities just one to two minutes away.
- Wide 75-Meter Frontage: Giving commercial businesses direct visibility along 90th Street.
- Contemporary Arabic Architectural Identity: Featuring arches, warm stone finishes, and a central plaza with a fountain and tiered seating, designed by engineering consultant Smarch.
- Diverse Activities Under One Roof: 362 commercial, administrative, and medical units that create a continuous daily flow of visitors.
- Hypermarket, Pharmacy, and ATMs: Visitor-attracting facilities that support sales activity across all units.
- Specialized Operating Partners: Egy Map for managing commercial units and Healthy Care for operating medical units.
- Flexible Payment Plan with a Launch Discount: A 10% down payment, installments over 8 years, and a discount of up to 15%.
- Experienced Developer: More than 246 completed projects, supported by an Egyptian-Saudi partnership.
Tips Before Booking a Unit at RAQ Mall
Before deciding to book a unit in any commercial, administrative, or medical project, including RAQ Mall, it is advisable to consider the following points:
- Clearly identify the intended activity for the unit (commercial, administrative, or medical) to select the most suitable floor and area, bearing in mind that medical units are operated by Healthy Care.
- Review the unit’s location within the floor plan and confirm whether it overlooks the street or the internal plaza, according to the intended business activity.
- Request the developer’s officially approved detailed payment schedule and ask about the conditions for applying the 15% launch discount to the selected payment plan.
- Confirm the unit’s net usable area when comparing the price per square meter across different floors.
- Ask about the leasing policy and the brands that have actually signed contracts for spaces on the commercial floors before making any assumptions about expected returns, and request proof of these agreements.
- Visit the project’s location on North 90th Street and assess whether the traffic flow and visibility are suitable for the intended business activity.
In light of all the above, you should at least discuss whether the project meets your needs by contacting the RAQ Mall sales team at: 01117879909.
Frequently Asked Questions
RAQ Mall is located directly on North Teseen Street, in the heart of Golden Square in the Al Koronfel area of Fifth Settlement, just one minute from Lotus Buildings, Dyar Compound, and Tamanah District.
The real estate developer of RAQ Mall New Cairo is RMD Developments (Redminds), with a portfolio comprising more than 246 completed projects.
RAQ Mall New Cairo extends over an area of 8,250 square meters and comprises 362 commercial, administrative, and medical units, with a 75-meter-wide main frontage and a 110-meter depth.
Prices of administrative and medical units start from EGP 4,500,000, while commercial units start from EGP 6,000,000.
The developer offers a payment plan with a 10% down payment and the remaining balance payable over 8 years, along with a launch discount of up to 15%.
RAQ Mall New Cairo units will be delivered within 3 years from the date of contracting.
Egy Map is responsible for managing the commercial units, while Healthy Care is responsible for operating the medical units.
The engineering consultant for RAQ Mall is Smarch, led by Engineer Wael El-Samman.
The project includes a hypermarket, pharmacy, ATMs, a large parking area, and a children's play area, in addition to 10 elevators, 5 escalators, and a full parking level equipped with electric vehicle chargers.
You can reserve a unit at RAQ Mall New Cairo by contacting the project's sales team at 01117879909.
The RMD Developments sales team's number is 01117879909, available daily from 10:00 AM to 10:00 PM.


