City Edge Most Prominent Projects in New Alamein

The name City Edge has recently gained significant prominence due to the strength of its real estate projects. However, many people may not be aware that the company’s ownership is a key factor behind its project strength. City Edge is owned by several important entities, including:

The New Urban Communities Authority under the Ministry of Housing, which holds a 60% stake in City Edge.

The Housing and Development Bank, holding a 38% stake in City Edge.

The Holding Company for Development and Investment, with a 2% stake in City Edge.

Additionally, the company's board of directors comprises some of Egypt's most prominent businesspeople, headed by Mr. Mohamed El-Dahhan, the CEO of City Edge. The company's headquarters is located next to the National Bank of Egypt, Opera City branch, in Sheikh Zayed City.

As a continuation of the government's development campaign following the announcement of the New Administrative Capital, the government announced New Alamein City. The foundation stone was laid in 2018 in cooperation with the Egyptian government and leading global construction and real estate development companies to build a fully integrated coastal city. Located on one of Egypt's finest beaches, the city's primary objectives are to be a city with complete basic and recreational services suitable for year-round living and to include various tourist hotels to attract tourists. The city's location within the administrative boundaries of Marsa Matrouh Governorate, along a 13 km stretch of the Alexandria-Matrouh road with a direct view of the Mediterranean Sea, highlights its strategic position.

One of the most significant advantages of New Alamein City is that it encompasses all the elements necessary for a fully serviced city suitable for year-round living, not just a summer resort. These services include:

In its commitment to excellence in all its projects, City Edge has developed various real estate projects in the heart of New Alamein City. Some of the most prominent projects include:

This project is one of the most famous in Alamein due to its strategic location near the Corniche, or "Tourist Promenade," which is the first open public Corniche in the heart of the North Coast region. The project spans 200 acres and consists of 6 towers, each with 40 floors. It offers a wide range of units with various sizes, ranging from one to four bedrooms. The project's most significant features include security and maintenance services, periodic maintenance services, surveillance cameras, as well as recreational services such as swimming pools, gym and spa, landscaping, kids' area, hypermarket, and dedicated walking and cycling paths. The payment plans offer extended periods, allowing for a 5% down payment and the remaining balance to be paid over up to 7 years.

 

One of the most important features of the New Alamein region is that it is considered a residential area and not just a summer resort. Therefore, it includes many distinguished compounds, the most prominent of which is Mazareen Compound. Located in the heart of New Alamein at kilometer 107 on the Alexandria-Matrouh road, near the international road, Borg El Arab International Airport, and Alamein Airport, the project is built on a large area to include all the services and facilities that help residents live a distinguished, comfortable, and peaceful life. These services include landscaping covering a large percentage of the area, various swimming pools with stunning views, a long promenade, jogging tracks, a kids' area, an amusement park, restaurants, cafes, and security and guard services for all units. With all these distinguished services, the company pays particular attention to the units, which number more than 280, including villas, townhouses, and chalets with stunning views of green spaces and artificial lakes. To further enhance the advantages of Mazareen New Alamein Compound, City Edge has announced flexible payment plans, with a 10% down payment on the total unit value and the remaining balance paid over 7 years.

 

Downtown New Alamein is the latest project by City Edge in New Alamein City. It boasts an ideal location on the waterfront of Alamein City, just 400 meters from the international road and near the most important landmarks of Alamein, including the ancient city of Alamein and Alamein Gardens. The Downtown New Alamein Towers offer distinguished residential apartments ranging from one to four bedrooms, with various sizes starting from 111 square meters and modern designs. The payment plans offer a 5% down payment and the remaining balance to be paid over 7 or 10 years with a 10% down payment. In addition to the comprehensive services near the residential units for added comfort and luxury, the project includes swimming pools, landscaping, cafes and restaurants, a gym and spa, medical services, and 24-hour security services with surveillance cameras.

 

The Gate Towers is one of the most distinguished projects of City Edge in New Alamein, attracting attention due to its strategic location, as it is located only 54 kilometers from Alamein International Airport and 89 kilometers from Borg El Arab Airport. The project is built on an area of 200 acres, and the company has focused on the diversity of units and services. In terms of units, the residential unit sizes vary from 50 square meters to 375 square meters, with different numbers of bedrooms ranging from one to four. As for services, the project includes basic and recreational services such as swimming pools, a kids' area, a number of restaurants and cafes, a health club, 24-hour security services with surveillance cameras, and a 7-star hotel. City Edge has not only provided a strategic location, comprehensive services, and diverse units but has also offered a distinguished payment plan with a 5% down payment and the remaining balance to be paid over 7 years without interest.

Investing in real estate in coastal areas is among the best available options. With the continuous development of New Alamein City, it is considered one of the best investment opportunities now, as it is a city that attracts tourists due to its services, hotels, and distinguished residential projects, as well as its suitable climate for all customers, regardless of their nationality. The state's attention to the city in terms of facilities and services further enhances its appeal.

 

The ability to resell the unit after project completion at higher prices than the purchase price.

All City Edge projects have strategic locations, facilitating access and movement, making them attractive to many investors and customers.

Due to the projects' services and facilities, as well as Alamein's pleasant climate, you can easily rent your unit year-round, not just during the summer season.

 

In conclusion, we have outlined the features and details of City Edge's most prominent projects in New Alamein, as well as the investment opportunities they offer and the main reasons for investing in New Alamein City. If you would like to learn more, please contact us via , and one of our real estate consultants will contact you shortly.