Rayhanah Residence is the latest project set up by Memaar Al Morshedy Co. It is a fully-integrated complex compound at the heart of Maadi, consisting of 216 residential units in a complex with a unique and modern design. It is featured with its high-quality glass facades, and hosting a large commercial annex and an administrative annex built for the compound services.
The Real Estate Developer
Memaar Al Morshedy is one of the largest real estate development companies in Egypt. It was founded in 1983 by Mohamed El Morshedy to engage firmly and steadily at the real estate market and become a household name. The company has established many projects including residential, administrative and commercial buildings designed by a group of the best consultants and engineers. Moreover, it aims to provide a new architectural model of living through launching new projects based on the highest degrees of modern technology and also seeks to meet all clients’ needs through the provision of economic, average, above-average and luxurious housings and at several famous districts in Egypt.
Details of Rayhanah Residence
The project extends to the heart of Maadi at the entrance of Maadi 2 on the main Autostrad Road, and exactly at Al Zahraa Street. This compound is considered as one of the breakthroughs of Memaar Al Morshedy. It is a fully-integrated complex building on 2 sections divided into (A & B) and hosts residential, administrative and commercial units. Each section has a private hotel entrance, a security officer, 2 elevators, intercoms and private garages under each section equipped with an industrial security system.
The residential units comprise 216 units with spaces ranging from 185 m² to 370 m². This architectural icon is initiated by Studio Van Carter, the largest engineering design company in Europe. The building consists of 11 floors; the elevator starts from the garage and each section has 2 elevators. Two annexes have been built; the commercial units are built an area of 10000 m², and the administrative units are built on an area of 6000 m² to serve the residents of the compound.
Rayhanah Residence Compound Services
- Fire Alarms
- Porcelain Flooring
- Security and Guard
- Modern Lighting
- Hotel Entrances
- Modern Glassy Facades
- Swimming Pools
- Cleaning Services
- Commercial and Administrative Area
- Recreational Area
- Health Club
- Private Garages
- Mosque
Prices and Types of Units
The price per square meter in Rayhanah Residence starts approximately at EGP 12,800, per the unit of 256 m2 from EGP 3,400,000*, and varies according to the spaces
The Project Location
The project is located at the entrance of Maadi 2 on the main Autostrad Road, just before Vodafone building and directly after Al-Zahraa tunnel. Rayhanah project is also well connected to other areas of Egypt; as it is a few minutes away from Ain Sokhna Highway and fifteen minutes away from the Cairo-Alexandria Highway.
About Maadi
Maadi is one of the most important and oldest districts in Cairo Governorate. This district is located in southern Cairo and divided into three main areas: Old Maadi, Zahraa Al Maadi and New Maadi as each area cover a range of districts of different living standards. Maddi district is one of the most affluent and expensive residential areas in Cairo. Maadi is characterized by the diversity of social levels, severe tranquility, proximity to the Cairo center, maintaining the affluent level, as well as easy accessibility by public transport. Furthermore, it hosts many universities and schools and it includes various living standards from popular, average, above-average and very upscale areas. Besides, the high-end areas attract a lot of foreigners, and hence several foreign embassies occupy Maadi as their headquarters.
*The above-mentioned prices are provided as per first quarter of 2019
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