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Menorca compound new capital by Mardev Developments
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Project details
| Location | R8 - New Capital |
|---|---|
| Unit areas | Starting from 110 m² |
| Start Price | 4,950,000 EGP |
| Payment Plan | 10% Down Payment , 10 Years Installments |
| Project Type | Residential , |
| Developer | Mardev Developments |
| Unit types | Apartments , Duplexes , |
| Sales number of Mardev Developments | 01118183030 (Click the number to call) |
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Menorca Compound New Capital is one of the most sophisticated residential projects in District R8, Plot L4 of the New Administrative Capital, overlooking the 40-acre Central Park and facing two five-star international hotels currently under construction.
Developed by Mardev Developments in partnership with Arab Consulting Engineers (Muharram-Bakhoum), the compound offers units starting from EGP 4,950,000 with a down payment starting from 10% and installments extending up to 10 years, plus a cash discount that reaches 35%.
Menorca Compound New Administrative Capital by Mardev Developments
Meaning of the Menorca Compound Name
The name Menorca is inspired by the Spanish island of Menorca in the Balearic archipelago of the Mediterranean Sea, classified as a UNESCO Biosphere Reserve since 1993. The island is known for its turquoise lagoons, tranquil beaches, and vast green areas that cover most of its territory.
Mardev Developments chose this name to reflect the project’s design philosophy, which centers on artificial lakes and green spaces occupying 80.5% of the total land, while only 19.5% is dedicated to residential buildings. This is one of the lowest building density ratios among compounds in the New Capital.
Detailed Overview of Menorca Compound New Capital
The project starts from a master planning vision that places lakes and green spaces at the heart of the residential experience rather than treating them as add-ons. Mardev distributed the 17 residential buildings along the perimeter of the plot so that every unit looks directly onto green areas or artificial lakes, with no unit overlooking the internal roads or garages.
The architectural design was executed in collaboration with Arab Consulting Engineers (Muharram-Bakhoum), one of the most established engineering consulting firms in Egypt. The exterior follows a contemporary modern style with clean lines and expansive glass elements, with buildings distributed in separate clusters that grant each block its own privacy.
The project is divided into three architectural models (A, B, and C) that differ in facade design and internal unit distribution, in addition to varying space ranges between the models. This allows clients to choose the model that best suits their needs without compromising on finish quality or views.
Among the most distinctive features of the master plan, the compound enjoys a direct view onto the Central Park spanning 40 acres, the largest green lung of the New Administrative Capital. It also faces two five-star international hotels currently under construction, which significantly enhances the long-term investment value of the units.
The developer dedicated an area of 2.5 acres within the compound exclusively to the integrated health club, which features a gym, spa, jacuzzi, sauna, and swimming pools. The commercial mall houses three cinema halls, medical clinics, administrative offices, an international nursery, and a mosque, making the project largely self-sufficient for residents’ daily needs.
Menorca Compound master plan and architectural design
Menorca Compound New Capital Quick Details Table
| Item | Details |
|---|---|
| Project Name | Menorca Compound New Capital |
| Developer | Mardev Developments |
| Company Leadership | Chairman: Zohdy Zahran |
| Engineering Consultant | Arab Consulting Engineers (Muharram-Bakhoum) |
| Location | District R8, Plot L4 – New Administrative Capital |
| Total Area | 17.6 acres (74,000 m²) |
| Building Ratio | 19.5% |
| Green Spaces and Landscape Ratio | 80.5% |
| Number of Buildings | 17 residential buildings across 3 models (A, B, C) |
| Total Units | 738 units |
| Architectural Style | Contemporary Modern |
| Unit Types | Apartments and Duplexes |
| Unit Spaces | From 110 m² to 272 m² |
| Prices Starting From | EGP 4,950,000 |
| Price per Square Meter | From EGP 25,100/m² to EGP 35,000/m² |
| Payment Plans | Down payment from 10%, installments up to 10 years |
| Cash Discount | Up to 35% |
| Delivery Date | Immediate delivery or within 2 years from contract date, depending on the phase. |
| Finishing Type | Semi-finished (with Super Lux fully-finished option upon agreement) |
For the latest prices and payment offers, contact the Menorca Compound New Capital hotline: +201118183030.
Menorca Compound New Capital Location
Mardev selected the project location within District R8, Plot L4. R8 spans 2,500 acres and is the last district to be developed in the first phase of the New Administrative Capital, distinguished by its lower population density and limited number of projects compared to the seventh district R7.
The location’s importance lies in combining three advantages simultaneously: a direct view onto the 40-acre Central Park, proximity to two five-star international hotels under construction, and easy access to the Mohamed Bin Zayed Southern Axis, which connects the Capital to the Ain Sokhna Road, Suez Road, and Greater Cairo.
Landmarks and Places Near Menorca Compound
| Landmark | Distance in Minutes |
|---|---|
| Central Park | Direct view |
| Mohamed Bin Zayed Southern Axis | 2 minutes |
| Diplomatic District and Embassies District | 5 minutes |
| Green River | 5 minutes |
| Ministries District | 5 minutes |
| Government District and Financial District | 10 minutes |
| Iconic Tower and Al Masa Hotel | 10 minutes |
| Al Fattah Al Aleem Mosque and Cathedral of the Nativity | 15 minutes |
| American University in the Capital | 15 minutes |
| New Capital International Airport | 20 minutes |
| Suez Road | 15 minutes |
| Fifth Settlement (New Cairo) | 25 minutes |
Menorca Compound location in District R8 New Capital
Compounds Neighboring Menorca New Capital
Menorca Compound sits within an upscale residential cluster that includes some of the most prominent projects in District R8, granting the area high commercial and service density. The most notable neighboring compounds include:
Blue Vert Compound New Capital: Located in District R8 over a large area with views overlooking Central Park, featuring apartments and penthouses across various spaces, with payment plans extending up to 10 years.
Canyon 8 Compound New Capital: A Hometown Developments project on 25 acres in R8, featuring villas and residential buildings with only 30% building ratio, distinguished by proximity to an international university and a five-star hotel.
The Islands Compound New Capital: Developed by EGYGAP on 36 acres at Plot L2 adjacent to Menorca’s plot, offering units priced from EGP 4,250,000 with installments up to 9 years.
Ray Residence Compound New Capital: A Radix Developments project at Plot O1 in District R8, offering apartments and duplexes starting from 53 m² at competitive prices with flexible payment plans.
Defaf Compound New Capital: Developed by DIG, the project overlooks three main streets, one of which connects directly to the Diplomatic District. It is also adjacent to Central Park, granting it strong investment appeal.
Unit Types, Spaces and Prices in Menorca Compound
The residential units in Menorca Compound are distributed across three architectural model groups (A, B, and C). Each model differs in building design and the range of available spaces. Model A focuses on medium-sized apartments and large duplexes, while Model B specializes in mid-range apartments, and Model C offers larger apartments and garden apartments.
Menorca Units Spaces and Prices Table
| Phase | Space (m²) | Bedrooms | Price Starting From |
|---|---|---|---|
| First Phase (Immediate Delivery) | From 129 m² to 193 m² |
2 and 3-bedrooms |
– EGP 5,805,000 (2-bedroom, 129 m²)
– EGP 6,400,000 (3-bedroom, 160 m²) – EGP 7,215,000 (3-bedroom, 185 m²) – EGP 7,527,000 (3-bedroom unit, 193 m²) |
| Second Phase | From 163 m² to 272 m² | 3 and 4 bedrooms | – EGP 6,520,000 (3-bedroom, 163 m²)
– EGP 10,472,000 (4-bedroom, 272 m²) |
| Final Phase (Delivery Within 2 Years) | From 110 m² to 220 m² | From 2-bedrooms to 4-bedrooms | – EGP 4,950,000 (2-bedroom, 110 m²)
– EGP 6,320,000 (3-bedroom, 160 m²) – EGP 6,800,000 (3-bedroom, 170 m²) – EGP 8,400,000 (4-bedroom, 210 m²) – EGP 8,690,000 (Duplex on the 6th and 7th floors, 220 m²) |
The price per square meter in the compound ranges between EGP 25,100/m² and EGP 35,000/m² depending on unit type and location within the master plan. The prices listed are installment prices, while clients who choose to pay in cash receive a discount that reaches 35% off the unit value.
Menorca Compound unit types and apartment spaces
Payment Plans and Installments in Menorca Compound
Mardev introduced flexible payment plans across all phases (first, second, and final), with a 10% down payment and installment plans of up to 10 years.
Clients who prefer cash payment receive a discount that reaches 35% off the total unit value, one of the highest discount rates among compounds in District R8.
The reservation deposit varies based on unit type and size, calculated upon contract signing as part of the down payment. To inquire about any payment plan or to schedule a site tour, contact the Menorca New Capital hotline: +201118183030.
Menorca New Capital payment plans and installment options
Delivery Schedule in Menorca Compound
Residential units in Menorca Compound are delivered immediately or within two years from the contract signing date, depending on the phase. The default delivery standard is semi-finished, which includes the completion of exterior facades, entrances, elevators, and reception areas, alongside the installation of the unit’s plumbing and electrical infrastructure.
The company also offers a second option of fully-finished super lux delivery for clients who prefer to receive a turnkey unit. This option is agreed upon at contract signing along with its technical specifications, with the unit price adjusted accordingly.
Services and Amenities in Menorca Compound
Menorca Compound features an integrated services system distributed across the area allocated to facilities and amenities, which represents over 80% of the total area. These divide into unique amenities that distinguish the project and essential services that every resident needs.
Direct View of the Central Park
Menorca is among the few compounds in District R8 that overlook the Central Park, which extends across 40 acres as the largest green space in the New Administrative Capital. This view grants the units on the front facade an open panoramic perspective, alongside proximity to the two five-star international hotels currently being built in front of the compound, which represent added investment value over the long term.
Health Club Across 2.5 Acres
Mardev dedicated 2.5 acres within the compound exclusively for the health club, making it one of the largest health clubs in R8 compounds. The club includes a gym equipped with the latest fitness equipment, alongside an integrated spa with sauna rooms, steam rooms, and jacuzzis. It also features multiple swimming pools at varying depths to suit both adults and children, with running, walking, and cycling tracks extending between the residential blocks.
Integrated Commercial Mall
The commercial mall within Menorca Compound stands out as more than just a retail area. It is an integrated center housing 3 cinema halls, specialized medical clinics, administrative offices, and an international children’s nursery, alongside outlets for famous international brands, a hypermarket, and a 24-hour pharmacy. The mall is positioned on the facade overlooking the two international hotels and Central Park, making it a destination for compound residents and surrounding areas alike.
Artificial Lakes and Water Features
The master plan features artificial lakes and water fountains distributed across the residential blocks. These break the monotony of buildings and grant units direct water views, while playing a role in lowering temperatures in the surrounding area and increasing healthy humidity levels during summer.
Essential Services in Menorca Compound
| Category | Available Services |
|---|---|
| Security and Surveillance | 24/7 trained security, high-definition surveillance cameras, electronic gates with control systems |
| Sports and Recreation | Multiple swimming pools, equipped gym, spa, jacuzzi, sauna, jogging, walking and cycling tracks |
| Commercial Services | Commercial mall, 3 cinema halls, hypermarket, restaurants and cafes, international brand outlets |
| Education and Healthcare | International children’s nursery, specialized medical clinics, 24/7 pharmacy |
| Green Spaces | Gardens and landscapes, artificial lakes and fountains, safe playgrounds for children |
| Garages and Parking | Dedicated resident garage with surveillance cameras, visitor parking |
| Religious Services | In-compound mosque with distinctive architectural design |
| Maintenance and Cleaning | Specialized 7-day maintenance team, landscape care services |
Menorca Compound services and amenities New Capital
Living Advantages in Menorca Compound
The living experience in Menorca Compound is shaped by tangible material details rather than generic promotional slogans. Every advantage stems from an actual element in the master plan or in the execution method:
Direct view of Central Park: The 17 buildings are arranged so that most units overlook green spaces or artificial lakes, in addition to the front facade overlooking the 40-acre Central Park.
Low population density: Only 738 units across 17.6 acres, with a building ratio of just 19.5%. This is one of the lowest population densities in District R8, ensuring greater privacy and reduced noise between neighbors.
Internal roads separated from play areas: The developer separated internal roads from service and recreation zones, so children do not need to cross near vehicles when moving between their building and play areas or swimming pools.
Substantial in-compound amenities: The 2.5-acre health club and the commercial mall with 3 cinema halls make the project largely self-sufficient for residents’ daily and recreational needs, reducing the need to leave the compound.
Proximity to fast transportation axes: Just 2 minutes separate the compound from the Mohamed Bin Zayed Southern Axis, the main artery linking the Capital to the Ain Sokhna Road, Suez Road, and New Cairo compounds.
Semi-finished delivery with super lux option: The system gives the client freedom to customize their unit through the default semi-finished standard, or to receive it fully-finished super lux upon agreement at contract signing.
Investment Advantages in Menorca Compound New Capital
Menorca Compound presents a set of factors that elevate its investment value over the medium and long term, factors that do not depend on real estate speculation alone but on tangible elements tied to the location and the product itself:
Central Park view: Compounds overlooking the Central Park in R8 are limited in number, and their prices appreciate at a higher rate than other compounds in the district due to the scarcity of this view. This means units in Menorca carry a sustained price premium upon resale.
Proximity to two five-star international hotels: The presence of two global hotels under construction directly facing the compound increases short-term rental demand from Capital visitors and business travelers, with anticipated competitive rental yields once the hotels become operational.
Interest-free payment plans up to 10 years: The 10-year interest-free installment plan makes the effective unit cost (in time value) noticeably lower than compounds that impose hidden interest on long-term payment periods.
Cash discount up to 35%: Clients who invest in cash secure a unit at a market value significantly higher than the amount paid, providing an immediate profit margin upon resale after delivery.
Location within R8: The eighth district is the last district to be completed in the first phase of the Capital, meaning land supply is limited and property prices in the area trend toward continuous appreciation as the second phase fills up and demand for ready units rises.
About Mardev Developments
Mardev Developments is one of the most established companies in the Egyptian real estate market. Founded in 1989 under the chairmanship of Zohdy Zahran, the company is the result of a merger between three major firms in the construction and urban development sector: El Marwa Real Estate Investment, El Marwa Urban Development, and Heliopolis Contracting and Urban Development.
The company’s expertise extends over more than 30 years in civil construction and urban development, with a diverse project portfolio spanning luxury residential projects, commercial and administrative ventures, and large-scale governmental projects. Mardev also specializes in implementing educational and healthcare facilities for Egyptian governmental authorities.
The company operates with a flexible collaborative approach, drawing on a team of engineers and consultants with extensive experience. Its methodology centers on delivering projects on the contracted dates without delays, granting it a strong reputation among clients and investors over the past three decades.
Mardev Developments Project Portfolio
| Project | Location | Type |
|---|---|---|
| 30 Residential Villas | First Settlement – New Cairo | Luxury Residential |
| 9 Residential Buildings | Fifth Settlement – New Cairo | Residential |
| 3 Residential Towers | Al Waha District – Nasr City | Residential |
| 3 Residential Towers | Al Basateen Area – Military Works Department | Government Residential |
| 7 Buildings + 10 Social Housing Units | Badr City | Government Housing |
| 60 Government Schools | Cairo and Beni Suef – General Authority for Educational Buildings | Government Education |
| 19 Hospitals | Beni Suef, Menoufia, Tanta and Beheira | Government Healthcare |
| Zifta Court Complex | Gharbia Governorate | Government Judicial |
| Sky Light Mall New Capital | District R7 – New Administrative Capital | Commercial and Administrative |
| Mardev Plaza | New Administrative Capital | Commercial |
| Menorca Villa Sheikh Zayed | Green Belt – Sheikh Zayed across 41 acres | Luxury Residential |
Similar Projects in the New Capital on Our Site
Residential projects in District R8 and surrounding areas vary between smaller compounds with distinguished views and larger compounds with massive amenities. The following are some of the most notable projects competing with Menorca Compound within the same geographical scope:
Kardia Compound New Capital: Developed by Capital Link in District R8 next to the Embassies District, distinguished by its architectural design by Fouad Hafez Office and Master Link Company, with payment plans extending up to 10 years and a reservation deposit of EGP 25,000.
Madai Compound New Capital: A Larz Developments project across 36 acres at Plot C2 in District R8, offering apartments, townhouses, and duplexes with only 10% down payment and delivery in November 2029.
De Joya 5 Compound New Capital: Developed by Taj Misr at Plot K3 in District R8, distinguished by its proximity to the Government District, Financial District, and the Capital Airport, and represents an extension of the successful De Joya series.
Zad Residence Compound New Capital: Among the largest projects in the Investors District of the Capital, comprising 103 buildings of ground floor + 7 upper floors, offering installments up to 10 years.
Conclusion
Menorca Compound New Capital presents an integrated residential and investment formula that combines five strengths rarely found together in many R8 projects:
First: A direct view of the Central Park spanning 40 acres and proximity to two five-star international hotels.
Second: A low building ratio of just 19.5%, with 80.5% green spaces and artificial lakes.
Third: Prices starting from EGP 4,950,000 with 6 payment plans starting from 10% down payment and extending up to 10 years of interest-free installments.
Fourth: A cash discount that reaches 35%, among the highest discount rates in District R8 compounds.
Fifth: A developer with 30+ years of experience and a project portfolio that includes 60 schools and 19 hospitals, alongside luxury residential projects in New Cairo and Nasr City.
To schedule a site tour, view the latest prices, or inquire about any details, contact the Menorca Compound New Capital hotline: +201118183030.
Frequently Asked Questions
Menorca Compound is located in District R8, Plot L4 of the New Administrative Capital, with a direct view of the 40-acre Central Park and adjacent to two five-star international hotels currently under construction.
Menorca Compound spans approximately 17.6 acres (74,000 m²), distributed at 19.5% for residential buildings and 80.5% for green spaces, artificial lakes, and amenities.
The developer is Mardev Developments, founded in 1989 under the chairmanship of Zohdy Zahran, with over 30 years of expertise in the Egyptian real estate market.
The compound features apartments and duplexes, with spaces ranging from 110 m² up to 272 m², suiting various needs from 2-bedroom to 4-bedroom layouts.
Apartment prices in Menorca Compound start from EGP 4,950,000, while duplexes start from EGP 8,690,000. The price per square meter ranges between EGP 25,100 and EGP 35,000 depending on the unit type.
The lowest down payment starts from 10% with 10-year interest-free installments.
Yes, the company offers a cash discount of up to 35% off the unit value upon cash payment, which is among the highest discount rates in District R8 compounds.
Units are delivered semi-finished as the default standard, with the option for fully-finished super lux delivery available upon agreement at contract signing.
Units are delivered immediately or within two years from the contract signing date, depending on the phase.
Menorca Compound is approximately 20 minutes from the New Capital International Airport, and only 10 minutes from the Government District and Financial District.
The Menorca Compound New Capital hotline is +201118183030, available for inquiries about prices, payment offers, and site tour bookings.
The Mardev Developments hotline is +201118183030, for inquiries about the company's projects, prices, and available payment plans.
To contact the company's sales team and inquire about its other projects, call: +201118183030
To book and inquire about the available units, latest prices and payment plans in Menorca Compound, contact the sales team at: +201118183030
