| Developer | Madinet Masr |
|---|---|
| Location | Assiut |
| Prices start from | 4700000 EGP |
| Unit areas | 174 m² |
| Down payment | 10 % |
| Installments | 7 سنوات |
| Unit types | توين هاوس , شقق , فلل , |
Zahw Assiut Compound is the latest and one of the most important real estate projects launched by Madinet Masr for Real Estate Development (Madinet Masr). The project holds exceptional importance for the company as it represents its first development outside Greater Cairo. Zahw Assiut Compound introduces a new concept of integrated and luxurious living in Upper Egypt, targeting the growing demand for upscale and sustainable residential communities in the region.
Zahw Assiut Compound enjoys a strategic and vibrant location in western Assiut City and has been planned as a fully integrated community spanning approximately 104 acres. The project includes around 1,250 residential units, ranging from standalone villas, twin houses, and townhouses to family villas (Z-Villas), providing luxurious residential options that suit the needs of different families in Upper Egypt. The design of Zahw Assiut Compound also combines modern European architecture with authentic Arabic touches, creating a distinctive architectural environment. Unit areas at Zahw Assiut Compound start from approximately 174 square meters, reflecting the project’s focus on providing spacious and generously sized homes.
Developer of Zahw Assiut Compound
Madinet Masr for Real Estate Development (Madinet Masr) is responsible for developing Zahw Assiut Compound. The company was previously known as Nasr City Housing and Development and has extensive experience and a leading position in the Egyptian real estate development market. It was established in 1959, while Zahw Assiut Compound comes as part of the company’s ambitious growth and expansion strategy outside Cairo, with the aim of bringing the concept of integrated and sustainable communities to different governorates across Egypt.
The company is led by a group of forward-thinking executives, including Eng. Abdallah Sallam, Managing Director and Chief Executive Officer of the company. He emphasized that Zahw Assiut Compound aims to provide a distinguished real estate product that meets the needs of clients in Upper Egypt and reflects the company’s ambitions in the local market. The Madinet Masr name also strengthens clients’ confidence in the project, with a strong emphasis on execution quality and commitment to delivery schedules at Zahw Assiut Compound.
Developer’s Projects
Madinet Masr has an extensive portfolio of projects across Greater Cairo, reflecting its long-standing experience in urban planning and the development of major cities and residential communities. The company’s most notable projects include:
- Taj City: A large-scale project located near New Cairo.
- Sarai: An integrated development located on the Cairo/Suez Road.
- Zahw: The name given to the Assiut project and several other projects developed by the company.
- The Chalets Compound: Located in Ain Sokhna.
These previous projects highlight the experience behind Zahw Assiut Compound in urban planning and residential community development, while providing distinguished standards of living.
Location of Zahw Assiut Compound
Zahw Assiut Compound enjoys a strategic and vibrant location in western Assiut City, known as the Western Plateau. This area has been planned to become the city’s smart urban extension. The location combines easy access to major urban centers with the tranquility that suits luxury villa living.
The exact location of Zahw Assiut Compound provides the project with several important advantages, most notably:
- Directly opposite Badr University: Providing an important educational and service advantage for residents of Zahw Assiut Compound.
- Assiut International Airport: Located less than 6 minutes away, making travel and mobility more convenient for residents.
- Downtown Assiut: The heart of Assiut City can be reached within approximately 15 minutes via the new road connecting the plateau to the city.
This central location gives Zahw Assiut Compound a distinctive position for those seeking both residential and investment opportunities in Upper Egypt.
Places and Roads Near Zahw Assiut Compound
- Badr University: Zahw Assiut Compound is located directly in front of the university.
- Assiut International Airport: Can be reached within just a few minutes.
- The New Road: Connects the new city to Old Assiut’s downtown area.
- New Assiut City: The compound is located close to the new development areas in the Western Plateau.
Architectural Design and Area of Zahw Assiut
Zahw Assiut Compound extends over a total area of 104 acres. The land has been carefully planned and distributed to create a balanced and sustainable residential environment that combines residential units, open spaces, and various facilities.
- Land Distribution: Only a small percentage, not exceeding 20% of the project’s total area, has been allocated to buildings and construction, with a total built-up area of 63,000 square meters for the first phase. Meanwhile, the larger portion, reaching approximately 80%, has been allocated to vast green spaces, artificial lakes, the clubhouse, and service facilities.
- Architectural Design: Zahw Assiut features a unique and distinctive architectural character. Modern European architecture has been adopted in the design and construction of the villas, complemented by authentic traditional Arabic touches. This combination gives Zahw Assiut Compound an upscale urban character suited to the preferences of Upper Egypt residents.
- Number of Units: The project includes approximately 1,250 residential units in total, while the first phase includes 297 villas of various types.
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Unit Types and Areas at Zahw Assiut
Zahw Assiut Compound focuses on providing luxurious residential units with spacious areas to meet the needs of large families and offer them generous living spaces. The available unit types include:
- Standalone Villas: The largest and most luxurious units within the project.
- Twin Houses and Townhouses: Providing diverse villa options to suit the different needs of clients.
- Family Villas (Z-Villas): An innovative villa model introduced by the company.
- Residential Apartments: Apartments are available with areas starting from approximately 174 square meters and typically feature 3 bedrooms, reflecting Zahw Assiut Compound’s focus on providing spacious homes.
The units at Zahw Assiut Compound enjoy stunning views of green spaces, landscaping, and water features, adding a distinctive character to the homes while creating a more peaceful and comfortable atmosphere.
Services and Facilities at Zahw Assiut
Zahw Assiut is committed to providing an integrated living experience through a diverse range of services and facilities that meet residents’ daily and recreational needs. The project offers a self-sufficient residential community that elevates the quality of life within the development. Its most notable services include:
- Sports Club: Zahw Assiut features a large sports club built across an area of 20,000 square meters, providing spacious areas for practicing various activities and sports.
- Commercial Zone: Zahw Assiut includes a large commercial zone extending parallel to the main street over an area of nearly 15,000 square meters, featuring a diverse selection of shops, restaurants, and cafes.
- Green Spaces: Green spaces account for 80% of Zahw Assiut’s total area, providing a healthy environment, recreational areas, and dedicated walking and yoga tracks.
- Security and Guarding: Zahw Assiut relies on an integrated security system with around-the-clock surveillance services to ensure residents’ safety and security.
- Essential Facilities: The project provides various essential services, including facility management and maintenance works.
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Advantages of Zahw Assiut
Zahw Assiut offers a range of advantages that give it a distinctive character as one of the residential projects in Upper Egypt. The most notable include:
- Madinet Masr’s First Project in Upper Egypt: Reflecting the company’s expansion beyond Cairo while leveraging its extensive real estate development experience.
- Prime Strategic Location: The project is located directly opposite Badr University and only a few minutes away from Assiut Airport.
- Integrated Villa Community: Zahw Assiut Compound focuses on offering luxury villas, creating a suitable environment for those seeking tranquility and privacy.
- European Design with an Arabic Touch: The project combines modern European architecture with Arabic touches, creating a distinctive architectural blend that appeals to refined tastes.
- Integrated and Exclusive Services: The project features a large sports club, in addition to an extensive commercial zone within Zahw Assiut Compound.
Prices at Zahw Assiut
Unit prices at Zahw Assiut are competitive when compared with the unit areas, design quality, and the project’s strategic location in Assiut’s Western Plateau, which is considered a promising area for future growth.
- Apartment Prices: Apartment prices at Zahw Assiut, particularly for smaller areas, start from approximately EGP 4,700,000, with prices subject to continuous updates and changes.
- Price per Square Meter: The price per square meter for units at Zahw Assiut Compound starts at prices that reflect the added investment value of a project of this scale and the level of luxury it offers.
Booking and Payment Plans at Zahw Assiut
Madinet Masr has been keen to provide flexible payment plans that help clients own units in its first project in Upper Egypt. The booking and payment plans at Zahw Assiut Compound include:
- Down Payment: A booking down payment starting from 10% of the total unit value can be paid.
- Installment Period: The company offers long-term payment periods of up to 7 years or more, with installments paid in equal amounts.
- Delivery: The first phase of Zahw Assiut Compound units is scheduled to be delivered within 3 years from the date of contracting, making it an attractive investment opportunity.
