Al Maqsad New Capital is the first villa-only compound delivered with immediate handover in the New Administrative Capital, launched by City Edge Developments across 211 feddans in the Third Residential District (R3) on plots D4-D5, in a central position directly facing the Iconic Tower. The project was constructed in partnership with the China State Construction Engineering Corporation (CSCEC) to deliver units that combine classical Mediterranean architecture with modern European design standards.
Prices start from EGP 6,200,000 for apartments with a 5% down payment and installments extending up to 10 years without interest. The compound offers a diverse mix of residential units including apartments, townhouses, twin houses, and standalone villas, alongside investment units in commercial, administrative, and medical categories within the integrated Mamsha district.
The Arabic word “Al Maqsad” translates to “the destination” or “the purpose” in English, referring to a place one consciously seeks out and aspires to reach.
City Edge Developments selected this name to express the project’s core philosophy as an integrated lifestyle destination that combines residence, work, and investment within a single community.
The English brand name Al Maqsad preserves this meaning, positioning the compound as the final destination for families seeking both a sophisticated home and a sound investment in the heart of the New Administrative Capital.
This vision is reflected in the urban planning, which encompasses twelve distinct phases, each with its own architectural character and unit mix.
About Al Maqsad New Capital
Al Maqsad stands as the very first residential project completed in the R3 district of the New Administrative Capital and the first compound to deliver finished units to homeowners across the entire city.
The project extends 1,660 meters in length and 660 meters in width, with a main internal road ranging between 16 and 32 meters in width that ensures smooth traffic flow and seamless connections between phases.
The architectural concept blends classical European elegance with contemporary Mediterranean elements, executed by China State Construction Engineering Corporation (CSCEC), one of the world’s largest construction firms, in collaboration with leading Egyptian and regional architects.
The master plan dedicates an exceptional 80% of the total area to landscaping, green spaces, and water features, while only 20% is allocated to construction, ensuring low population density and uninterrupted views from every unit.
The compound is divided into twelve urban phases, each with its own design language and unit collection. These phases include Al Maqsad Villas, Al Maqsad Residence, Mamsha Al Maqsad, Arjan, Mamsha Views, Mamsha District, Mamsha Gardens, Garden City Heights, Centria, Al Maqsad Park, Vernads, and Mamsha Avenue.
The phases combine luxury residential offerings with the integrated commercial, administrative, and medical zone in Mamsha, making the project closer to a self-contained mini-city than to a conventional compound.
Key Phases of Al Maqsad New Capital
Each phase carries distinctive architectural and lifestyle characteristics. Al Maqsad Villas is the original residential phase featuring standalone luxury villas, and it became the first complete residential community delivered in the New Administrative Capital.
Al Maqsad Residence follows with apartments ranging from 111 to 187 sqm, designed in classical European style with ground floor plus five upper floors and two elevators per building.
Arjan represents one of the newest phases, distinguished by its blend of Arabic-inspired architecture with European touches, offering townhouses, twin houses, and standalone villas with built-up areas ranging from 378 sqm to 570 sqm and terraces between 81 sqm and 133 sqm.
The Villa A type offers 5 bedrooms across 514 sqm, while Villa C, the largest, spans 570 sqm with 5 bedrooms and a generous 133 sqm terrace.
Mamsha Gardens includes 10 residential buildings of 6 floors each, with apartments from 161 sqm to 185 sqm with 3 bedrooms on the lower four floors, and duplex units up to 392 sqm with 4 bedrooms and terraces on the top two floors.
Al Maqsad Park offers premium apartments ranging from 111 sqm to 205 sqm, distinguished by their modern design and direct connection to landscaped gardens and swimming pools.
Al Maqsad New Capital Quick Facts Table
Detail
Information
Project Name
Al Maqsad New Capital Compound
Developer
City Edge Developments
Development Partners
New Urban Communities Authority (NUCA), Housing and Development Bank (HDB), Holding Company for Investment and Development
Construction Consultant
China State Construction Engineering Corporation (CSCEC)
Location
R3 Third Residential District, plots D4-D5, facing Iconic Tower, on Mohamed Bin Zayed North Axis
Total Area
211 feddans
Built-up Ratio
20%
Green Spaces and Landscaping
80%
Number of Phases
12 phases
Architectural Style
Classical contemporary with European Mediterranean touches
5% down payment with installments up to 10 years interest-free
Maintenance Deposit
8% of unit value
Delivery Date
Immediate handover – fully ready units
Finishing Type
Ultra-super luxe with built-in air conditioning
Al Maqsad New Capital Location
Al Maqsad New Capital location
Al Maqsad New Capital sits in the heart of the Third Residential District (R3), specifically on plots D4-D5, with a direct frontage on Mohamed Bin Zayed North Axis and an unobstructed view of the Iconic Tower, the tallest building in Africa.
R3 represents the most central location in the New Administrative Capital, surrounded by the Central Park, Green River, Government District, and Financial and Business District.
The district benefits from completed infrastructure and a comprehensive road network that connects it to the rest of the capital without passing through any construction zones.
Al Amal Axis links Al Maqsad to Suez Road, Mostakbal City, and Madinaty, while three additional main routes serve the project: the Regional Ring Road, the Middle Ring Road, and the South Mostakbal Axis.
These same arterial routes also serve other prominent developments in the area, including La Vista City Compound on the Middle Ring Road and Il Bosco Compound on Mohamed Bin Zayed Axis.
The area surrounding Al Maqsad New Capital hosts a collection of premium residential developments that share the same infrastructure and main road network, making R3 and the wider New Administrative Capital among the most attractive zones for both residence and investment in Egypt.
The most notable neighboring compounds include:
Layal Compound: Located in plot D1 of the R8 Eighth Residential District, developed by New Event Developments across 38 acres with 80% green spaces, offering apartments and twin houses starting from EGP 2,331,000 with installments up to 12 years.
La Vista City Compound: Developed by La Vista Developments across 910 feddans in the R4 district directly on the Middle Ring Road, offering townhouses, twin houses, and standalone villas with sizes starting from 230 sqm.
Il Bosco Compound: Developed by Misr Italia Properties on 200 acres in the R7 district along Mohamed Bin Zayed Axis, featuring apartments, townhouses, and standalone villas with a vertical forest concept.
Garden City New Capital: Another City Edge project located in the R5 district on 90th Street, offering apartments and villas with classical Khedivial architectural inspiration and installments up to 12 years.
The Island Compound: Developed by EGYGAP in the R8 district across 36 acres, offering apartments at competitive prices starting from EGP 4,250,000 with installment plans extending up to 14 years.
Kardia Compound: Developed by Capital Link Real Estate in R8 across 23 acres, offering apartments and duplexes with starting prices from EGP 5,600,000 and installments up to 10 years.
Unit Types, Sizes, and Prices in Al Maqsad New Capital
The unit mix at Al Maqsad New Capital caters to both residents and investors, distributed across residential phases (Al Maqsad Villas, Al Maqsad Residence, Arjan, Al Maqsad Park) and the integrated investment district within the Mamsha walkway, which spans 38 feddans split between an eastern and western section.
Listed prices reflect installment-based pricing, while cash buyers receive a substantial discount of up to 27% for early bookings.
Residential Unit Prices in Al Maqsad
Unit Type
Size sqm
Starting Price
Apartments
111 – 187
EGP 6,200,000
Duplexes
235 – 392
By phase
Townhouses
370 – 400
EGP 17,990,000
Twin Houses
414 – 426
EGP 19,995,000
Standalone Villas
380 – 570
EGP 21,970,000
The average price per square meter for apartments starts from approximately EGP 33,000/sqm, while townhouses and villas reach between EGP 40,000 and EGP 50,000/sqm depending on unit type, location within the phase, and view orientation toward gardens or water features.
Investment Unit Sizes in Mamsha
Unit Type
Size sqm
Floor
Commercial Units – Type A
88 – 146
Ground Floor
Commercial Units – Type B
33 – 115
Ground Floor
Medical Clinics – Type A
23 – 60
Upper Floors
Administrative Offices – Type B
66 – 108
Upper Floors
Payment Plans at Al Maqsad New Capital
City Edge Developments offers three flexible payment schemes that progressively scale between the lowest down payment and the longest installment period, allowing buyers to select the plan that best matches their financial situation. All plans are interest-free:
Plan
Down Payment
Installment Period
First Plan
5%
7 years
Second Plan
10%
8 years
Third Plan
10%
10 years
Installments are paid as equal monthly payments throughout the chosen period without any markup on the total price.
Cash buyers benefit from a discount reaching up to 27% off the total unit value, while the maintenance deposit of 8% of the unit price is paid before delivery to fund regular maintenance of common areas and infrastructure.
Delivery Schedule at Al Maqsad New Capital
Al Maqsad stands as the very first project in the New Administrative Capital to offer immediate handover of fully finished residential units. The first phases have already been delivered to homeowners and are ready for immediate occupancy upon contract completion.
Each unit is handed over with ultra-super luxe finishing, central air conditioning systems, advanced lighting solutions, and interior finishes that include premium porcelain flooring, modern ceilings, and high-quality doors and windows.
Mamsha units come equipped with advanced communication infrastructure including FTTH fiber-optic connectivity and the Triple Play system that bundles IPTV, IP telephone, and internet services into a single integrated package, alongside Video Intercom IP between units and reception.
Common areas feature internationally certified fire suppression systems and high-resolution surveillance cameras operating around the clock.
Services and Amenities at Al Maqsad New Capital
City Edge Developments dedicated entire phases of the project to services and amenities, distributing them across recreational, commercial, administrative, educational, and medical categories.
This breadth transforms the compound into a self-contained mini-city where residents can fulfill virtually all daily and weekly needs without leaving the gates.
Mamsha Al Maqsad Commercial and Administrative District
The Mamsha district extends across 38 feddans split between eastern and western sections, hosting 24 buildings with a height of 7 floors above the ground floor.
The walkway brings together restaurants, cafes, fashion stores, and international brand outlets on the ground floor, while medical clinics and administrative offices occupy the upper levels.
The walkway is bordered by dedicated jogging paths and cycling lanes amid landscaped gardens and shaded seating areas, with underground parking accommodating both visitors and tenants.
Crystal Lagoons and Water Features
Green spaces and landscaping cover 80% of the project’s total area, distributed between residential buildings in various forms ranging from central parks to side gardens and tree-lined walkways.
Throughout these spaces, the project incorporates a series of water features including crystal lagoons, dancing fountains, and swimming pools of varying sizes designed for both adults and children, creating an immersive visual and acoustic atmosphere that enhances residents’ wellbeing.
Core Services and Amenities at Al Maqsad
Category
Available Services
Security and Safety
24/7 security, mobile and stationary checkpoints, high-definition surveillance, electronic gates with advanced recognition systems
Spa centers, sauna, jacuzzi, massage therapy, beauty and skincare clinics
Commercial Services
Integrated commercial district at Mamsha, restaurants, cafes, pharmacies, hypermarkets
Education and Healthcare
International educational institutions, nurseries, multi-specialty medical complex, pharmacies across phases
Green Spaces
Central gardens, parks, crystal lagoons, dancing fountains, children’s play areas
Additional Facilities
Underground parking, main elevators, backup power generators, fire suppression systems, dedicated maintenance and cleaning team
Living Advantages at Al Maqsad New Capital
Several factors set Al Maqsad apart from competing residential projects in the New Administrative Capital, including:
Immediate Handover: The first compound in the New Administrative Capital with delivered units, eliminating the delivery delay risks common to under-construction projects.
Central Location: Direct view of the Iconic Tower, just 4 minutes from Central Park and 5 minutes from the Financial and Business District.
Ultra-Super Luxe Finishing: All units handed over fully ready with built-in air conditioning, sparing buyers both the cost and time of finishing.
Low Density: 80% of the area dedicated to landscaping and only 20% to construction, ensuring privacy and uninterrupted views from every unit.
Integrated Commercial District: Mamsha Al Maqsad on 38 feddans brings together retail, dining, offices, and medical services in one place without leaving the compound.
World-Class Construction Quality: Execution under the supervision of CSCEC, one of the leading engineering construction firms globally, following international standards.
Investment Advantages at Al Maqsad New Capital
Al Maqsad represents a strong investment opportunity for several objective reasons. Most notably, the developer is City Edge Developments, owned by government entities (NUCA, HDB, and the Holding Company), which significantly reduces operational risks and ensures completion according to approved schedules.
The fact that units have already been delivered makes the project ready for immediate rental, generating direct cash returns without waiting periods.
Al Maqsad units enjoy strong rental demand thanks to their proximity to the Financial and Business District, the Government District, and the New Capital International Airport, making them highly attractive to executives and business owners working in the area.
The Mamsha commercial district also presents direct investment opportunities in commercial, administrative, and medical units with sizes starting from 23 sqm and prices suited to mid-size capital pools.
The completed infrastructure in R3 and its proximity to major government landmarks such as the Iconic Tower, Central Park, and Smart City reinforce long-term asset appreciation, with prices expected to rise as adjacent capital districts come online.
Market data indicates that unit prices in R3 have risen meaningfully since the delivery of the first phases of Al Maqsad, reflecting growing demand for ready-to-occupy units in the city.
Investment units in Mamsha also generate steady rental yields from tenants working in the surrounding area, making the compound a balanced choice that combines short-term rental income with long-term capital appreciation.
About City Edge Developments
City Edge Developments was founded in 2017 as a strategic alliance between three major government entities: the New Urban Communities Authority (NUCA) holding 60%, the Housing and Development Bank (HDB) holding 38%, and the Holding Company for Investment and Development holding 2%, with a paid-up capital of EGP 1.3 billion dedicated to residential and commercial projects in Egypt’s new cities.
City Edge stands as the first Egyptian real estate developer with direct backing from three sovereign institutions, granting it exceptional capacity to undertake mega-projects in strategic locations across the new cities and to partner with the world’s leading engineering consultancies, including CSCEC of China.
The company has secured contracts and execution agreements for state-led projects in the New Administrative Capital, New Alamein, New Mansoura, and beyond.
City Edge Developments Track Record
Project
Location
Type
Al Maqsad Compound
New Administrative Capital – R3
Integrated residential
Garden City
New Administrative Capital – R5
Luxury residential
Baroque Compound
New Administrative Capital
Luxury residential
V60 Compound
New Cairo – Fifth Settlement
Residential and commercial
Lush Valley Compound
New Cairo – Lotus District
Luxury residential
Etapa Compound
Sheikh Zayed
Luxury residential
New Alamein Towers
New Alamein
Coastal residential towers
North Edge Towers
New Alamein
Residential and hotel towers
The Gate Towers
New Alamein
Coastal hotel towers
Zahya City
New Mansoura
Integrated residential
Mazarine Hub
New Alamein
Coastal administrative offices
Other City Edge Projects on Our Site
Our site includes detailed coverage of selected City Edge projects across Egypt’s new cities, which you can explore to learn more about the developer’s diverse offerings:
Lush Valley New Cairo: City Edge’s premium project in the Lotus District of Fifth Settlement, blending luxury and tranquility across 60 acres with starting prices from EGP 5,679,000 and per-meter pricing from EGP 74,700.
V60 Compound: A residential and commercial project in the heart of Fifth Settlement, New Cairo, offering apartments and duplexes alongside an integrated 20-feddan service zone.
The Gate Towers: Coastal hotel towers directly on the Mediterranean coast in New Alamein, executed to international hotel standards.
New Alamein Towers: 15 residential towers rising 40 floors each, totaling 5,000 units overlooking the Mediterranean Sea.
North Edge Towers: 20 towers (15 residential and 5 hotel) across 200 acres on New Alamein’s coastline at competitive prices.
Mazarine Hub: The first coastal administrative project in New Alamein, blending workspace with Mediterranean views and a 7-year installment plan.
Al Maqsad New Capital represents a fully integrated residential community in the heart of the New Administrative Capital, combining a central R3 location facing the Iconic Tower, construction excellence under CSCEC’s supervision, immediate handover of fully finished units, and a diverse mix of residential and investment offerings.
Prices start from EGP 6,200,000 with a 5% down payment and installments up to 10 years interest-free, alongside a cash discount reaching up to 27%, making it an ideal choice for both residence and long-term investment in the most strategic district of the New Administrative Capital.
Contact us today to learn about the latest prices and available units in Al Maqsad New Capital
Frequently Asked Questions
What is Al Maqsad New Capital?
Al Maqsad is the first compound in the New Administrative Capital to offer immediate handover of fully finished units, developed by City Edge Developments across 211 feddans in the R3 district, directly facing the Iconic Tower. Built in partnership with China State Construction Engineering Corporation (CSCEC), it offers apartments, townhouses, twin houses and standalone villas with a 5% down payment and installments up to 10 years.
Where is Al Maqsad Compound located?
The compound sits in the Third Residential District (R3) on plots D4-D5, with direct frontage on the Mohamed Bin Zayed North Axis and an unobstructed view of the Iconic Tower. It is close to Central Park, the Green River, the Financial and Business District, the Government District, and the New Capital International Airport.
What unit types and sizes are available in Al Maqsad?
l Maqsad offers apartments from 111 to 187 m², duplexes from 235 to 392 m², townhouses from 370 to 400 m², twin houses from 414 to 426 m², and standalone villas from 380 to 570 m², alongside commercial, administrative and medical units in the Mamsha district. The project is divided into twelve distinct phases.
How much does a unit in Al Maqsad New Capital cost?
Prices start from EGP 6,200,000 for apartments, EGP 17,990,000 for townhouses, EGP 19,995,000 for twin houses, and EGP 21,970,000 for standalone villas. The price per square meter starts from around EGP 33,000 for apartments and reaches EGP 40,000 to EGP 50,000 for villas, with a cash discount of up to 27%.
What is the down payment and payment plan at Al Maqsad?
ou can own a unit with a 5% down payment and interest-free installments up to 10 years. City Edge offers three flexible plans, ranging from 5% down over 7 years to 10% down over 10 years, with a maintenance deposit of 8% of the unit value paid before delivery.
When will Al Maqsad units be delivered and what is the finishing type?
Al Maqsad is the first project in the New Administrative Capital to offer immediate handover, with the first phases already delivered to homeowners. Units are handed over with ultra-super luxe finishing, including built-in central air conditioning, premium porcelain flooring, and high-quality doors and windows.
Who is the developer of Al Maqsad Compound?
The developer is City Edge Developments, founded in 2017 as an alliance between three government entities: the New Urban Communities Authority (NUCA), the Housing and Development Bank (HDB), and the Holding Company for Investment and Development. It is the first Egyptian developer backed directly by three sovereign institutions, with projects across the New Capital, New Alamein, New Mansoura and New Cairo.
What is Al Maqsad Compound hotline?
The Al Maqsad New Capital sales hotline is +201118183030
What is City Edge Developments hotline?
The City Edge Developments sales hotline is +201118183030
What is the sales number of City Edge Developments?
To contact the company's sales team and inquire about its other projects, call: +201118183030
What is the sales number of Al Maqsad Compound?
To book and inquire about the available units, latest prices and payment plans in Al Maqsad Compound, contact the sales team at: +201118183030
Founder of Real Estate Capsule & Egyptian real estate expert
Shady El-Marassi — founder of Real Estate Capsule and a real estate expert specializing in the Egyptian market, with more than 10 years of experience. He has evaluated and reviewed over 300 real estate projects across Egypt's major new cities: New Cairo, the New Administrative Capital, Mostakbal City, 6th of October, Sheikh Zayed, the North Coast, and Ain Sokhna.
Shady reviews the site's content before publication and provides property advice built on real data and daily tracking of prices, payment plans, and launch offers — helping Egyptian buyers make informed decisions, with every project's pros and cons presented transparently.
