Memaar Al Ashraaf Company The Oldest in Real Estate
Memaar Al Ashraaf Company The Oldest in Real Estate

Memaar Al Ashraaf Company The Oldest in Real Estate

1/8/2024

Choosing the right real estate developer is as crucial as choosing your unit. Therefore, if the company has extensive experience and expertise in the Egyptian real estate market, the unit will certainly be a successful deal and a strong opportunity for new housing, especially if the company is well-known and one of the oldest real estate development companies. Yet, it continues to develop its construction methods.

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Advantages of Memaar Al Ashraf Company:

Extensive experience: With over 84 years of experience in the real estate sector, Memaar Al Ashraf has revived and developed several old cities such as Abbasiya and Old Cairo. It has also contributed to the construction of new cities such as 10th of Ramadan City, 6th of October City, and New Cairo. This demonstrates its strength in the field and its ability to attract the best engineers and consultants.
 
Diverse projects: Memaar Al Ashraf's projects are always different. The company offers independent building projects, fully serviced compounds, and mini-compounds to cater to all tastes and customers. It strives to be the best choice for all customers, regardless of their tastes and preferences.
Commitment to development: Its motto is "Building today with the vision of tomorrow." The company has continued to thrive for all these years thanks to its continuous development of construction methods and real estate marketing strategies.
 

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Previous Projects of Memaar Al Ashraf Company:

Memaar Al Ashraf has a large number of projects in different areas, including residential projects in New Narges, Beit Al Watan, North House, North Rehab, Andalusia, and Tagamo First, in addition to its commercial projects.
 
Some of its most notable residential projects are:
  • La Vie Compound in North Narges
  • La Vie Mini Compound with multiple phases in Rehab
  • 6IX Compound North House in Tagamo 
As for its commercial projects, the most notable are:
  • Millennium Mall in Tagamo 
  • El Karama Mall in New Obour
  • El Horreya Mall in New Obour
 

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Latest Project: Hope New Cairo Compound

Memaar Al Ashraf Development Company has recently announced its new residential project in the heart of Tagamo Fifth, Hope New Cairo Compound. The compound provides you with everything you need within a large area that has been carefully designed by experts and specialists to provide you with the perfect home and the life you deserve. It combines luxury, comfort, and sophistication.
This is evident in three main points:
 
1. Location:
A strategic location has been chosen to establish Hope Compound in the heart of New Cairo, ensuring easy access to all vital services and facilities. It is close to Mohamed Naguib Axis, Rehab City, Madinaty, and a few minutes from Cairo Airport and the American University in Tagamo Fifth.
 
2. Design:
The compound boasts European-inspired architectural designs on an area of 10 acres that has been optimally utilized. This is evident from the collaboration between Memaar Al Ashraf Company and a group of leading engineers led by Engineer Yasser Al Beltagy. All units are surrounded on all sides by large green spaces that provide a sense of privacy and relaxation.
 
3. Units:
As we have previously explained, Memaar Al Ashraf is committed to the comfort of its customers and is distinguished by the development of all its projects and meeting the needs of all customers with different needs. The residential area in the Hope New Cairo project has been divided into different units, including:
  • Apartments: Consisting of one room with an area ranging from 84 to 89 square meters.
  • Apartments: Consisting of two rooms with an area ranging from 121 to 128 square meters.
  • Apartments: Consisting of 3 rooms in Hope Compound with an area starting from 184 square meters to 170 square meters.
  • Garden Villa: Starting from 242 square meters.
 
Payment Plans:
In its belief in cooperation with customers to ensure the best levels of comfort for them, Memaar Al Ashraf has provided multiple payment systems to suit many people. The systems are divided into:
  • 10% down payment and installments of the remaining amount over 7 years.
  • 15% down payment and installments of the remaining amount over 8 years.

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