Madinet Masr

Madinet Masr: Pioneering in the Egyptian Real Estate Market

Since its inception, Madinet Masr for Housing & Development (formerly known as Madinat Nasr) has managed to carve a unique niche in Egypt's real estate landscape, amalgamating a rich history with a steadfast commitment to quality and diversity. MNHD's roots trace back numerous years, establishing itself as an innovative real estate development company in the Egyptian market.

MMHD's scope goes beyond mere construction; it focuses on providing diverse projects in strategic and vibrant locations, demonstrating its dedication to meeting the varied needs and aspirations of its clientele. Madinat Nasr offers a range of residential units in various shapes and sizes, meticulously designed to accommodate different lifestyles while striking an ideal balance between luxury and practical functionality.

In addition to diversity, MMHD stands out with flexible payment plans, empowering various segments of society to achieve their dream of suitable housing. These plans are exceptional in their flexibility and suitability, making investments in MMHD properties an exceptional opportunity for ownership and stability.

Overview of MNHD for Housing & Development

In April 2023, MNHD for Housing & Development announced a rebranding, changing its trading name to Madinet Masr, aligning with the company's new strategic direction. With a history spanning over 60 years, MNHD has established a pioneering vision in urban development in Egypt, blending its extensive heritage with a forward-looking vision.

In 1959, MNHD made a significant entry into real estate development, revolutionizing the concept of housing in Egypt, and ensuring a better future for its clients and their families. Let's delve into the company's history through key milestones:

• Founded in 1959 as a government entity by the decree of President Gamal Abdel Nasser, aimed at developing and constructing the Heliopolis district on an area exceeding 2000 acres.
• During the period between 1960 and 1970, the area witnessed the establishment of a new campus for Al-Azhar University, the creation of the Nasr City police department, and the development of vital amenities such as restaurants, cafes, cinemas, and government facilities.
• Between 1970 and 1980, the company erected the memorial for the martyrs of the October War and the 6 October War Panorama, along with continuous development in the surrounding area of Cairo Stadium.
• In the 1980s, Abbas Al-Akkad Street and the Embassy District were constructed, marking significant growth and development in the region.
• In 1996, MNHD was successfully listed on the Egyptian Stock Exchange, cementing its pivotal position in the real estate market.
• Between 2012 and 2022, MNHD embraced a new vision, developing innovative and luxurious projects like Taj City and Sarai, both exemplary instances of exceptional transformations in the concept of residential compounds.

Madinet Masr's Leadership and Numbers

The leadership of MNHD is characterized by its diversity and extensive expertise in real estate and urban development. Heading the company is a team of key leaders who possess a clear and pioneering strategic vision:

• Hazem Barakat: Chairman of the Board at Madinet Masr, co-founder of BP Partners, holds a Bachelor's degree in Mechanical Engineering from the New York Institute of Technology.
• Abdullah Salam: Chief Executive Officer and Managing Director at Madinet Masr, with over 20 years of experience in investment and business in Egypt.
• Alaa El-Din Sabaa: Board Member at MNHD, co-founder of Belton, and involved in establishing Belton Financial.

Madinet Masr in Numbers

• 84 million square meters of land portfolio
• +10,000 units sold
• 15 innovative phases
• 63 years of successes

Madinet Masr's Current Flagship Projects

Madinet Masr for Housing and Development stands out for its diverse range of projects, each reflecting an innovative and leading investment vision in the real estate development sector. The company offers projects catering to various needs and preferences, allowing clients to choose from a wide array of residential units with diverse designs and comprehensive amenities. Particularly noteworthy are the modern integrated projects recently launched by the company, such as:

• Taj City New Cairo
• Sarai New Cairo Compound
• Cobalt Business District
• Primera Compound in Oasis
• Cavana Springs in New Cairo
• Park Residence

Taj City New Cairo Compound by Madinet Masr

Spanning over 3.7 million square meters, Taj City Compound offers an integrated world strategically located near Cairo International Airport and major thoroughfares, ensuring quick access to Cairo's vibrant heart. This project blends luxury and diversity, providing an exceptional experience for shopping, leisure, and living amidst enchanting natural surroundings. Noteworthy projects within Taj City include:

• Origami: Residential and commercial units
• Club Side
• Elect
• Taj Ville
• Kinda
• Taj Gardens
• Shalya
• Park Residence
• Taj Sultan
• Kinda Offices

Sarai New Cairo Compound by Madinet Masr

One of the most significant residential projects developed by Madinet Masr for Housing & Development, Sarai spans an estimated 1,359 acres, encompassing vast green spaces. It boasts a unique strategic design and exceptional specifications, combining luxurious construction quality with meticulous attention to detail. The project offers a range of facilities with captivating views. Some notable projects within the compound include:

• CAVANA SPRINGS
• EastWave
• Taval
• Arena Strip Mall

Prices and Unit Sizes in Madinet Masr Projects

Madinet Masr adopts a principle of comprehensive diversity in its projects, offering a wide range of residential, commercial, and administrative units to meet various needs. Prices vary according to the sizes and types of units, allowing customers to choose based on their requirements and budgets. Here are some of the available prices and sizes:

• Townhouse in Sarai Compound with an area of 160 square meters starting from 7,296,129 EGP, payable over 8 years with a 10% down payment.
• Villa in Sarai Compound with an area of 175 square meters starting from 9,955,446 EGP, payable over 8 years with a 10% down payment.
• Villa in Taj City Compound with an area of 143 square meters starting from 9,762,380 EGP, payable over 8 years with a 10% down payment.
• Townhouse in Taj City Compound with an area of 145 square meters starting from 10,565,630 EGP, payable over 8 years with a 10% down payment.

Why Invest in MNHD?

MNHD stands out as an ideal destination for real estate investment due to several advantages:

1. Wide Range of Residential, Commercial, and Administrative Units: Offering a diverse selection of properties to suit various needs and budgets.
2. Prime and Distinct Locations: Projects situated in vibrant areas ensure easy access to schools, facilities, and transportation.
3. Commitment to High Quality: Prioritizing high-quality infrastructure and contemporary designs that guarantee comfort and sustainability.
4. Flexible Payment Plans: Making properties accessible to diverse customer segments through flexible payment options.
5. Exceptional Customer Service: Providing excellent customer service and regular maintenance to ensure post-purchase satisfaction.
6. Long-standing Market Experience: With a history of over 63 years in the Egyptian real estate market, reflecting trust and stability in business dealings.

MNHD is an attractive choice due to its diversified offerings, project quality, and customer-centric services.