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Home The New Administrative Capital

Al Maqsad Residence

September 3, 2021
in The New Administrative Capital
Reading Time: 7 mins read
Al Maqsad Residence

After witnessing the successful launch of Al-Maqsad compound in New Capital, City Edge Development decided to raise the bar even higher by expanding their project and building Al-Maqsad Residence compound. They picked a unique piece of land in the new capital and proceeded to construct the compound to be compromised of luxurious apartments. Al-Maqsad Residence units will be delivered fully finished with great care and an artistic design. The compound is decorated with green landscapes and magnificent views that calm the eye. Not to mention that the units will be listed at very competitive prices.

Key Information on Al Maqsad Residence New Capital

  • Compound Name: Al-Maqsad Residence Compound
  • Location: District R3
  • Units Types: Apartments
  • Units Area: Varies between 111 square meters and 187 square meters
  • Key Services: Kids area, Lifts in every building, private garages, running areas, green spaces.
  • Price: Starts from 375,000 and 1,000,000
  • Payment Plan: Even installments on a 7-year plan
  • Finishing: Super lux finishing
  • Developer: City Edge Development

The Positioning of Maqsad Residences Compound

The developers of Al-Maqsad Residences compound made sure to perfect the project from every aspect, including its location. That is why they picked one of the fanciest districts in the capital, which is R3 District. This is a strategic location for different reasons, such as:

  • It is close to the governmental district that consists of ministries as well as the republican palace.
  • It is near the business and financial district.
  • Not to mention that it is also close to international universities such as the Canadian University.
  • It is near the Academic City as well.
  • It is within minutes away from Smart Village
  • It is also close to Sports Village
  • It is within a short distance from the capital’s shopping zones
  • It is also a few minutes away from South Mostaqbal Rd.
  • It is 10 mins away from New Capital’s International Airport.
  • It is near Suez Rd.
  • It is close to Regional Ring Rd which makes it easier to get to Cairo.

Al-Maqsad Residence Area

  • تم ت
  • A huge plot of land about 214 acres was reserved for this grand project.
  • The developers designated two districts for this project, D3 and D6.
  • D3 takes up approximately 97 acres while as D6 takes up 117 acres.
  • They picked those specific districts so that the project would neighbor Al-Maqsad Compound.
  • Between the two districts lies the commercial site Oasis where residents can find endless services.
  • The compound architecture follows a new plan which is having all the residential units at one side of the project.
  • That would ensure people’s privacy as well as grant them all equal views at the green river and landscape.
  • The developers also added a classical touch to the buildings’ frontside.
  •  They also made sure to saturate the area with green landscapes and plants for an amazing natural view.

Al Maqsad Residences New Capital Services

Clients always look for a compound that offers the best services. Al Maqsad developers put that into great consideration.

Services in Al Maqsad Residences are not restricted to just the basic facilities, but also secondary entertainment services to guarantee residents a great time.

The compounds services are within a walking distance from the residential units, and no one has to ever leave the premises to get what they want. Listed below are some of the compound’s services:

  • Green Landscapes that spread throughout the entire compound offering nice air and an amazing view.
  • Designated traffic-free zones for walking, running and cycling.
  • Kids area containing games, theme park, and candy.
  • There are lifts in every building.
  • Private garages in specified areas to reduce pollution and not disturb the view.
  • Foolproof security and guards taking shifts around the clock.
  • Shopping areas that contain high-end international brands.

Area of Residential Units in Al Maqsad Compound

Al-Maqsad Residences compound is divided into two sections, each section is different in design, shape and size. The two sections are:

Classic Zone:

  • This section is built with a classical design.
  • Its residential building consists of 6 levels including the ground level.
  • The apartments’ sizes vary between 111 square meters and can reach 137 square meters.
  • The units will be delivered with a super lux finishing on 2021.

Midtown Era:

  • This section follows a very simple minimalistic design that gives off calmness and serenity.
  • Every residential unit consists of three bedrooms.
  • Apartments come at varying sizes from 144 to 187 square meters.
  • It is estimated that the units would be delivered with super lux finishing on 2021.

The developers intended to build apartments with different shapes and prices to suit every client’s budget and taste.

كمبوند المقصد ريزيدنس

Al-Maqsad Residences Prices

The compound’s prices are set very reasonably considering the various services offered and their elegant designs.

 More so the fact that the units will be immediately delivered this year with super lux finishing. Let alone the pollution free zone and green areas. Units’ prices are listed as follows:

  • The smallest apartments which take up about 111 square meters can cost up to 1,374,986 le.
  • Apartments that take up 137 square meters start from 1,697,603 le.
  • Apartments that take up 163 square meters reach up to 2,041,296 le.
كمبوند المقصد ريزيدنس

Al-Maqsad Residences Compound Payment Plan

Despite the reasonable prices assigned to each unit, developers wanted to facilitate payment even more so that clients can buy homes more comfortably.

They set out a 7-year monthly instalment plan with a small initial down payment. After the contract and initial payment clients can directly move into their new homes because of the unit’s immediate delivery. Not to mention that it will be delivered with a super lux finishing.

The executing company of Al Maqsad Residence Compound project

  • City Edge is one of the most important real estate companies in the current Egyptian market, despite being a company with a recent history.
  • It was founded in 2017, but with its first project, it managed to create a distinctive character for its work.
  • One of the things that contributed to this is that it is the product of joint cooperation between the most important government institutions (the Urban Communities Authority – the Holding Company for Development and Investment – the Housing and Development Bank).
  • One of its most prominent brands is that it is more inclined to simple, streamlined designs that mix the feeling of luxury with simple classics.
كمبوند المقصد ريزيدنس

No matter how you look at it, Al Maqsad Residences is a full-fledged residential compound. It is the perfect opportunity to lead a comfortable aesthetic life in one of the best modern cities in Egypt, the new administrative capital. Living in Al Maqsad Residence has limitless advantages, from its strategic location to its outstanding views to its affordable prices. Certainly, there’s no place like home.

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