Minorca New Administrative Capital is a premium residential development by Mardev Developments, spanning 17.64 acres in District R8. The project combines contemporary European architecture with extensive green landscapes, offering apartments, duplexes, and penthouses from 125 to 272 sqm. Starting prices begin at EGP 3,628,000 with flexible payment plans from 0% down payment over up to 10 years, with delivery scheduled for 2023.
Why Invest in Minorca New Administrative Capital?
Investing in Minorca New Capital presents exceptional opportunities for both homeowners and investors seeking premium properties in Egypt’s administrative hub.
Prime Location in District R8: Situated in the prestigious R8 residential zone, the compound offers direct access to Mohamed bin Zayed South Axis and proximity to Central Park.
Developer Credibility: Backed by Mardev Developments’ 30+ years of experience and proven track record in delivering quality projects across Egypt.
Competitive Pricing Strategy: Starting prices of EGP 3,628,000 represent excellent value compared to similar developments in the New Administrative Capital, with prices averaging EGP 25,100 per sqm.
Zero Down Payment Options: Flexible payment schemes include 0% initial payment with installments extending up to 10 years, making homeownership accessible.
High ROI Potential: The New Capital’s strategic importance and ongoing infrastructure development suggest strong appreciation potential, with industry estimates projecting 12-15% annual returns.
Low Building Density: Only 19.5% of the total area is designated for construction, ensuring spacious living and abundant greenery throughout the community.
Proximity to Government Hub: Located just 10 minutes from the Governmental District and Diplomatic Quarter, ideal for government employees and professionals.
Established Community: With 17 residential buildings already under development, Minorca offers immediate community integration rather than waiting years for completion.
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Minorca New Capital Location & Accessibility
Mardev Developments selected the Minorca location with strategic precision, positioning the compound in District R8, Block L4 of the New Administrative Capital. This placement offers residents a balance between tranquil residential living and proximity to the capital’s major landmarks. District R8 has emerged as one of the most desirable residential zones, hosting numerous upscale compounds and commercial developments.
The compound overlooks Central Park, providing residents with stunning green vistas and easy access to the capital’s largest recreational space. This strategic positioning ensures that residents benefit from both the serenity of green spaces and the convenience of urban amenities.
Nearby Landmarks:
- 5 minutes from Mohamed bin Zayed South Axis
- 10 minutes to Green River Park
- 10 minutes to Governmental District and Ministries Quarter
- 20 minutes to New Administrative Capital International Airport
- Adjacent to Anakaji Compound and The Island Compound
- Direct access to major arterial roads connecting to Greater Cairo
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Design & Architecture at Minorca
Master Plan & Community Design
Minorca allocates just 19.5% of its 17.64-acre site to buildings, dedicating the majority to green spaces and amenities. This low-density approach creates a resort-like atmosphere uncommon in urban developments.
The architecture draws from contemporary European design with clean lines, extensive glazing, and premium finishes. The 17 residential buildings are divided into three models—A, B, and C—each offering unique layouts and views.
Buildings are positioned to maximize natural light and privacy. Most apartments enjoy garden views, lake views, or Central Park panoramas.
Unit Design
Interiors prioritize space efficiency with open-plan living areas that seamlessly connect kitchen, dining, and living zones. Large windows and balconies flood units with natural light while providing private outdoor spaces.
Kitchens feature modern cabinetry with ample storage, while bathrooms incorporate contemporary fixtures. Ground-floor units include private gardens, while upper-level apartments and penthouses offer terraces with commanding views.
Unit Types in Minorca New Capital
Minorca offers diverse residential options designed to accommodate various family sizes and lifestyle preferences, from young professionals to established families.
The development philosophy behind the size distribution recognizes that modern Egyptian families seek flexibility, quality, and value. Each unit category has been carefully planned to maximize livable space while maintaining competitive pricing.
Available Unit Types:
- 1-Bedroom Apartments: Starting from 125 sqm, ideal for young professionals or small families seeking a premium address
- 2-Bedroom Apartments: Ranging from 160 to 193 sqm, offering comfortable family living with dedicated spaces
- 3-Bedroom Apartments: Between 163 and 277 sqm, designed for growing families requiring extra space
- Ground Floor Units with Gardens: Available at 266 sqm, combining indoor-outdoor living
- Duplex Apartments: Starting from 340 sqm, providing multi-level luxury living
- Penthouses: Premium units with private terraces and panoramic views
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Minorca New Capital Pricing Strategy
Mardev Developments positioned Minorca’s pricing to offer exceptional value within the New Administrative Capital market. The pricing structure reflects a careful analysis of comparable developments, construction quality, location advantages, and target market affordability.
Starting prices from EGP 3,628,000 deliver competitive entry points relative to similar projects in District R8. The price per sqm begins at approximately EGP 25,100, representing a strategic positioning that balances quality with accessibility.
Price List:
- Starting Prices: From EGP 3,628,000
- Price per SQM: Starting at EGP 25,100
- 1BR Units (125 sqm): EGP 3,628,000 – EGP 3,800,000
- 2BR Units (160-193 sqm): EGP 4,000,000 – EGP 5,500,000
- 3BR Units (163-277 sqm): EGP 4,500,000 – EGP 7,000,000
- Duplex Units (340 sqm): From EGP 8,500,000
Pricing varies based on floor level, view orientation, and specific location within the compound. Upper-floor units with park views command premium pricing, while ground-floor garden units offer different value propositions.
Payment Plans at Minorca New Capital
Mardev Developments designed payment schemes to maximize accessibility for Egyptian buyers, recognizing that flexible financing often determines purchase decisions more than absolute pricing. The developer’s approach prioritizes long-term customer relationships over short-term revenue maximization.
Multiple payment structures accommodate different financial situations, from buyers who prefer extended payment periods to those seeking to minimize total interest through larger down payments.
Available Payment Schemes:
- Plan 1: 0% down payment, equal installments over 5 years
- Plan 2: 6% down payment, installments over 6 years
- Plan 3: 10% down payment, installments over 7 years
- Plan 4: 10% down + 10% after one year, remaining installments over 8 years
- Plan 5: 10% down + 10% after one year + 5% after two years, balance over 9 years
- Plan 6: 10% down + 10% yearly for three consecutive years, remaining balance over 10 years
Delivery is scheduled for 2023. Units are delivered semi-finished, with full finishing packages available upon agreement at contract signing. Maintenance fees and service charges will be determined and communicated before handover.
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Amenities & Facilities at Minorca
Essential Amenities
Minorca prioritizes residents’ fundamental needs with 24/7 security featuring trained personnel and advanced surveillance systems throughout the compound. Dedicated parking and underground garages provide convenient vehicle storage.
Professional property management handles maintenance and community services daily. Medical clinics staffed by qualified practitioners and pharmacies ensure health services. International schools within and near the compound serve educational needs.
Lifestyle & Recreation
Multiple swimming pools serve different age groups, while a fully-equipped gym features modern equipment complemented by spa, jacuzzi, and sauna facilities. Sports enthusiasts access courts and dedicated jogging and cycling tracks.
Children’s play areas provide safe environments with age-appropriate equipment. A commercial mall brings shopping, dining, and entertainment within walking distance. The clubhouse hosts community events, while walking paths wind through landscaped gardens.
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Investment Value & ROI Potential
Minorca New Capital presents compelling investment advantages beyond its residential appeal. The New Administrative Capital’s designation as Egypt’s governmental and administrative hub ensures sustained demand for quality housing from government employees, diplomats, and business professionals.
Location within District R8 positions Minorca in a proven high-demand zone, surrounded by completed and occupied compounds that demonstrate sustained market interest. The proximity to Central Park and major infrastructure projects adds tangible value that competitors further from these landmarks cannot match.
The low 19.5% building density creates scarcity value—fewer units per acre means less competition for resale or rental markets. This density advantage also ensures that green space ratios remain high even as surrounding areas develop.
Rental yield projections for the New Capital range from 7-9% annually, supported by growing government employee populations and limited quality housing supply. Capital appreciation estimates suggest 12-15% annual growth based on recent area transactions and ongoing infrastructure completion.
For investors considering resale strategies, Minorca’s 2023 delivery timeline means units will be market-ready while the capital continues its growth phase, potentially capturing premium prices from late-entry buyers.
About Mardev Developments
Mardev Developments brings over 30 years of construction expertise to Minorca. Established in 1989 from the union of Marwa Real Estate Investment, Marwa Urban Development, and Heliopolis Construction, the company demonstrates consistent quality delivery across residential, commercial, and governmental sectors.
Specialized teams of engineers and professionals bring international standards to Egyptian projects, while strong financial stability enables navigation of market fluctuations.
Previous Projects
Government Sector: Mardev executed social housing in Badr City, three residential towers in Basateen, Zefta Courts Complex, 19 hospitals across Egypt, and 60 government schools in Cairo and Beni Suef.
Premium Residential: The company built 30 luxury villas in First and Fifth Settlements, nine residential buildings near the American University, and three towers in Oasis District, Nasr City.
Potential Considerations
The New Administrative Capital’s location requires realistic assessment for daily commuters to central Cairo. While the capital connects directly to New Cairo, Fifth Settlement, and Rehab through modern highways, travel times to downtown Cairo can reach 45-60 minutes during peak hours.
However, this distance consideration diminishes for those working within the New Capital or eastern Cairo regions. The ongoing Metro Line 3 extension and planned transportation networks will further reduce isolation concerns as the capital matures.
Construction timelines in new cities occasionally face delays due to infrastructure dependencies. Mardev’s established track record and 2023 delivery commitment suggest manageable risk, but buyers should maintain realistic expectations about exact handover dates.
Overall, feedback from early New Capital residents indicates high satisfaction with the living environment, modern infrastructure, and community amenities, suggesting these considerations are outweighed by the lifestyle benefits.
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