City Edge launches New Alamein Downtown, logs EGP 6.5bn sales in 9M

City Edge launches New Alamein Downtown, logs EGP 6.5bn sales in 9M

City Edge Developments has launched “New Alamein Downtown” project owned by the New Urban Communities Authority (NUCA).

Scheduled to be delivered in 2020, the new project will feature residential buildings including a wide range of penthouses and ground floor apartments with private gardens, in addition to commercial and lifestyle facilities, according to a statement on Monday.
The property developer plans to hand over the project in 2020 along with Mazarine and the Gate launched in July, City Edge’s CEO Amr ElKady said.

Achieved sales

During the first nine months of 2019, City Edge generated sales of EGP 6.5 billion after selling more than 1,000 units in New Alamein.

-Mubasher