City Edge Developments launches its new project “Al Maqsad Residences” A preferential 10 years payment plan for healthcare workers

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City Edge Developments launches its new project “AlMaqsad Residences" A preferential 10 years payment plan for healthcare workers


Cairo, Egypt-31 May 2020: City Edge Developments, the national developer of Egypt, announced the launch of its newest project in the New Administrative Capital, “Al Maqsad Residence”; with an exceptional 10 years payment plan for healthcare workers in recognition of their tremendous efforts in fighting the coronavirus.


“Healthcare workers, doctors and nurses have been on the front line during this pandemic, and atCity Edge Developments the only way we can show our gratitude for their courageous and exceptional effort during such trying times is to provide them a special 10-year payment plan that recognizes their outstanding efforts during such hard times,  which is only a simple gesture of appreciation for those who put our health and well-being first,”stated Ashraf Salman, Chairman of City Edge Developments.  


Spanning an area of 214 acres, Al Maqsad Residence features fully-furnished units with varied areas ranging from 111 to 187 meters with a splendid architectural design combining both classic and contemporary styles in order to give diversified looks to the different units, availing many options to match the customers’ different tastes.  The Project’s residential units are characterized by luxurious internal designs with an optimal use of spaces and distinct views of the interior gardens and green spaces. The project also Features a mixed-use strip, which avails a wide array of services including commercial stores, administrative offices and residential apartments, offering residents a fully integrated and serviced community.


Considered another successful launch of a series of projects launched by City EdgeDevelopments since its inception. “This project is also significant since it is the first residential buildings project offered and marketed by the company in the New Capital as part of our protocol with New Urban Communities Authority(NUCA), and hopefully it will be the continuation of a long chain of successful collaboration,” stated Dr. Mohamed El-Mikawi, CEO of City Edge Developments.


Al Maqsad Residences stands in a vital location in the new administrative capital near the main axes of the city and overlooking the sports city close to the embassies’ suburb, the smart village, the Canadian and European Universities, as well as the New AdministrativeCapital international airport.


About City Edge:

City Edge Developments is Egypt’s National leading real estate developer and development manager. A company launched in 2017between New Urban Communities Authority (NUCA) - Ministry of Housing and the Housing& Development Bank (HDBK.CA) with a Capital of EGP 2 Billion. The company develops and manages the development of premium real estate projects all overEgypt that spans across many asset classes that includes, but is not limited to, residential, hospitality, retail, office and education. Awarded “theFastest Growing Real Estate Developer in Egypt”, City Edge Developments has successfully launched over 10 projects in various parts of the country since its launch.


For more information, please visit their website

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