City Edge Developments

City Edge Developments is one of the leading real estate companies currently operating in the real estate market. The company aims to excel by constructing diverse projects that target both those seeking residential properties and investors alike.

A brief about City Edge Developments

• City Edge Developments is a prominent real estate company established through a joint collaboration between the New Urban Communities Authority, Housing and Development Bank, and the Holding Company for Development and Investment.
• The New Urban Communities Authority holds the majority of the company’s shares, approximately 60%.
• The Housing and Development Bank owns a significant stake, reaching up to 38%.
• The Holding Company for Development and Investment holds a relatively small share of only 2%.
• The estimated capital of City Edge Developments is around 1.3 billion Egyptian pounds.
• The Egyptian government, represented by Prime Minister Mostafa Madbouly, relies on City Edge Developments as a national company based on cooperation between state-affiliated entities. This positioning has propelled it to become one of the leading real estate companies in Egypt in a relatively short period.

Projects by City Edge Developments:

Al Maqsad Compound

• Owning Company: City Edge Developments.
• Supervision and Planning Company: Chinese company CSCEC.
• Management and Operation Company: CFM.
• Compound Location: Located in Residential District 3 (R3).
• Project Area: Spreads over an area of 214 acres.
• Unit Types: Apartments, villas, twin houses, and townhouses.
• Unit Sizes: Starting from 111 square meters.
• Unit Prices: Starting from 2,605,000 Egyptian pounds.
• Payment Methods: A down payment starting from 5%, with the possibility of installment for up to 10 years.
• Maintenance Fee: It is paid at a rate of 5% of the total unit price.
• Delivery Date: Expected in December 2021.
• Sales Number: 00201104894802.

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Mazarine New Alamein

• The developing company: City Edge Developments.
• Project Location: It is located in New Alamein City.
• Project Area: It occupies an area of 72 acres.
• Unit Types: It includes chalets, villas, and duplex units.
• Unit Sizes: Starting from 131 square meters.
• Number of Units: It contains approximately 296 residential units.
• Prices: Prices start from 8,000,000 Egyptian pounds.
• Payment Period: With a payment period extending beyond 7 years.
• Finishing Quality: Fully finished.
• Delivery Date: Expected in 2024.
• Sales Number: 00201104894802.

 Down Town New El Alamein

• The owning company: City Edge Developments.
• Project Location: It is located in the New Alamein North Coast.
• Project Area: It spans an area of 31 acres. Unit Types: It includes apartments, chalets, and penthouses.
• Unit Sizes: Apartment sizes start from 157 square meters.
• Building Design: The residential building consists of a ground floor and 7 floors.
• Number of Units: The project includes 700 residential units in the first phase.
• Prices: The average prices are around 4,500,000 Egyptian pounds.
• Payment Period: It can be extended up to 7 years.
• Sales Number: 00201104894802.

Etapa Sheikh Zayed

• The owning company: City Edge Developments.
• Compound Location: It is situated in Sheikh Zayed.
• Project Area: It occupies 77 acres of land.
• Building Percentage: The lowest building percentage offered is approximately 14%.
• Unit Types: It includes apartments, duplexes, villas, and townhouses.
• Unit Sizes: Apartment sizes start from 153 square meters.
• Maintenance Fee: Maintenance fees are allocated at 8%.
• Prices: Villa prices start from 9,800,000 Egyptian pounds.
• Payment Period: The payment period can be extended up to 7 years.
• Sales Number: 00201104894802.

Baroque New Capital

• The owning company: City Edge Developments.
• Project Location: It is located in the Fifth Residential District.
• Project Area: It extends over a vast area of 1,000 acres.
• Building Percentage: A low building percentage of only 20%.
• Unit Types: The project includes a variety of residential apartments.
• Unit Sizes: Unit sizes start from 102 square meters.
• Prices: Price per square meter starts from 20,000 Egyptian pounds.
• Payment Period: The payment period can extend up to 7 years.
• Delivery Date: Expected delivery within the year 2023.
• Sales Number: 00201104894802.

North Edge Towers New Alamein

• The developing company: City Edge Developments.
• Project Location: In the New Alamein City.
• Project Area: It extends over an area of 48 acres.
• Number of Towers: The project includes 25 towers.
• Tower Heights: The towers have an average height of around 100 meters.
• Number of Floors: Each tower consists of approximately 40 upper floors.
• Unit Types: Residential, commercial, and administrative units.
• Unit Sizes: Residential unit sizes start from 121 square meters.
• Prices: Price per square meter starts from 44,000 Egyptian pounds.
• Payment Period: Payment installment period can extend up to 7 years.
• Sales Number: 00201104894802.

New Alamein Towers are one of the most significant achievements of City Edge Developments.

Zahya Towers New Mansoura

• Project Location: In the Dakahlia Governorate, in New Mansoura City.
• Project Area: It extends over a vast area of 1,500 acres.
• Tower Heights: It includes several towers with approximately 28 floors each.
• Unit Types: It comprises residential apartments and duplex units.
• Unit Sizes: Starting from 170 square meters.
• Number of Towers: Approximately 15 towers.
• Number of Units: Approximately 17,000 residential units.
• Prices: Starting from 8,500,000 Egyptian pounds.
• Payment System: A payment period of up to 5 years.
• Sales Number: 00201104894802.