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Project Name: The City.
About Project: one of the best residential units in the New Capital by Master Group, a major real estate compound in Egypt.
The City Location: the 7th neighborhood, H2 in the New Capital.
The City Compound New Capital Space: 54 acres.
Units Type: apartments - duplexes - penthouses - standalone villas.
Price per Meter: starts from 10,000 EGP.
The Executing Company Name: Master Group Development.
Payment Methods: 10% downpayment and installments for up to 10 years.
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Information about The City Compound in New Administrative Capital
A private and integrated residential compound offering sophisticated services and architectural designs. It occupies one of the best locations within the New Capital, close to all the important landmarks and upscale residential projects. The City offers luxury residential units in a variety of sizes, and with the highest levels of security and safety measures.
Below, you’ll find all the information you need to know about The City by Master Group Development.
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The City New Administrative Capital Location
It enjoys an excellent location in the 7th residential neighborhood (R7) of the administrative capital, it is also one of the fastest projects to deliver its units to customers. The neighborhood is home to a number of upscale residential projects and is very close to important landmarks, major services, and recreational facilities.
The Green River, which is the largest central park in the world, is one of the most important and prominent landmarks of the new administrative capital and is only 3 minutes from the site of the compound. The project is also 5 minutes away from the Cathedral of The Nativity of Christ and Al-Fattah Al-Aleem Mosque.
The project is located near the Diplomats neighborhood and is a few minutes from the Al Masa Hotel, the Fairground, and Mega Mall, which enhances the importance of the project site. The City New Capital also has a direct view of Mohammed bin Zayed Southern Axis, which allows its residents to move to and from several different parts of the New Capital.
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Available Project Space
If you wish to settle in this project, it may help to know more information about how the general space is allocated. The compound covers a total of 54 acres, 30% of which is reserved for buildings and facilities. The remaining space is reserved for green landscape and other aesthetic views, giving the compound a relaxing and comfortable atmosphere.
The City Project's Units Spaces
The compound offers residential units in many types and sizes. When it comes to apartment buildings, they can reach 7 floors, with 4 apartments on each floor. Apartment interior spaces start at 115 square meters.
Other types of units include standalone villas, with interior spaces up to 396 square meters, as well as a private garden and a swimming pool attached. There’s also a variety of duplex apartments with different spaces and divisions to suit large families.
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Services and Amenities
The developer company was keen to provide The City project with all basic and recreational services, in order to raise the standard of living for residents of all age groups.
- The developer company paid special attention to the landscape, by reserving the majority of the compound space to green areas and water bodies with beautiful designs. There’s also a significant breathing room between the units, giving them optimum views of the surroundings while providing them with privacy at the same time.
- The City compound features a large dancing fountain with colorful lighting, surrounded by a recreational area for children and adults with a number of cafés and restaurants, some of which are branches of the world’s most famous restaurants.
- There’s a number of swimming pools distributed evenly throughout the compound, providing an aesthetic and recreational service to the residents.
- The compound has wide streets ranging from 18 to 24 meters, which helps to provide a high level of privacy for the population as well as better traffic flow. There’s also a number of off-road trails for jogging, walking, or cycling, not to mention dedicated sports club, which is an ideal place for activities with friends.
- The compound also has a state-of-the-art gym, a spa center, and a health club.
- A large shopping mall covering more than 16,000 square meters, offering a variety of goods and products for sale.
- A health center is an essential service that is available within the compound, it includes various medical specialties and operates 24 hours a day. The compound also has a number of pharmacies available.
- An international school, as well as an indoor and outdoor playground for children.
- The City Square area within the compound has a magnificent view of spacious green spaces, a dancing fountain, and a number of cafés and restaurants serving delicious cuisine to satisfy all tastes.
- The entire compound is secured using state-of-the-art surveillance and security systems, including private garages, entrances, and exits.
- The owner company provides quick maintenance services when needed.
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Prices and Payment Systems
The owner company offers competitive prices compared to similar units in terms of location and services. It’s also an excellent investment for the future or simply a good opportunity for a home.
The price per meter for residential units starts at EGP 10,000.
The total unit price for apartments starts at 1,564,000 EGP and may change according to the unit specifications, interior space, types of finishes, location, and market fluctuations.
As for the payment system, it is detailed as follows:
Pay 10% of the unit price as a downpayment, another 10% is paid upon unit delivery, and then the remaining amount in installments for a period of 10 years.
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Owner Company Portfolio
The City compound was implemented by Master Group, which is a real estate company started by the businessman Mohamed Lachin in 2006. They have a lot of experience and successful projects, such as:
- Ibiza Chill Out in Al Ain Al Sokhna.
- A tourist resort in Aida Village, North Coast
- Aventura Mall, New Administrative Capital.
- The City Valley, New Capital.
- Finally, The City compound, also in New Capital.
- In addition to implementing and owning several real estate projects specific to the Egyptian Ministry of Awqaf (Religious Endowments).
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- Swimming pools
- Shopping center
- Commercial area
- Social Club
- Health club and Spa
- Water Fountains
- Aqua park