Menorca

The real estate developer of Menorca Compound, the new capital

Menorca Compound, the administrative capital, is one of the projects of Mirdif Real Estate Development Company, which was established in 1989 AD, meaning that its real estate experience reaches more than 30 years, and it is the result of the union of 3 major companies: Al-Marwa Real Estate Investment, Al-Marwa Urban Development, Heliopolis Contracting, and Urban Development, and it has A large specialized team

The location of the Menorca Compound, the new capital

The real estate developer was keen to implement the Menorca Compound in one of the most important areas of the New Administrative Capital, specifically in the heart of the neighborhood, near several high-end residential complexes, important areas and cities, government agencies, and the most important axes and main roads, in addition to its proximity to high-end schools and universities and economically and commercially active neighborhoods.

The location of the Menorca Administrative Capital is close to the following :

• It is 10 minutes away from the government district.
• Menorca Compound is a few minutes away from the New Administrative Capital Airport.
• It is close to the most important landmarks such as the Green River and Central Park, which extend from the beginning to the end of the future capital.
• It is on the most important roads and axes in the capital, such as the southern axis of Mohammed bin Zayed and the Ring Road.
• The distance between it and the ministries area is about 5 minutes.
• Close to famous universities such as the American University.

Features of the Menorca Compound, the new capital

The project was implemented on an area of 64.17 acres, with the majority of the area allocated to green spaces and water bodies.

The construction percentage does not exceed 19.5% of the total project area, and the rest is green spaces, landscaping, and a service area, ensuring comfort and privacy for the residents.

   A residential building, which was divided into three different models A, B, and C. The compound includes 17 residential buildings, and the units vary between apartments, duplexes, and penthouses.

Menorca Compound Services, the new capital

• To secure the compound from any intruders, a team of security guards has been allocated to protect the assets of the property and the building’s facilities and monitor the site carefully for more security and safety for the residents.
• Surveillance cameras are spread within Menorca, the administrative capital, which operates 24 hours a day for protection, as they work to record footage, sound, and video, and can be used in an emergency.
• Menorca, the capital, provides a private garage for each parking building, equipped with security and security surveillance cameras.
• A commercial mall that includes a huge commercial area that contains shops and stores with the most famous international brands.
• Restaurants serve a variety of different dishes by the most qualified professional chefs in their field.
• You can enjoy your favorite coffee to the tunes of quiet music. You will find this inside the cafes and cafes in Menorca, the New Administrative Capital.
• The project provides 24-hour pharmacies that include various types of local and imported medicines and provides everything you need, along with a team of doctors, to deal with emergencies.
• Menorca compound, there is a huge hypermarket that includes all the necessities that you need daily in your life.
• A health club characterized by providing all medical services.
•   An integrated medical center that includes all specialties from various fields, and there is a place designated for emergency cases.
• The real estate developer was interested in the entertainment aspect, as he established cinemas, theaters, and halls for holding parties and birthdays.
• High-speed internet to serve all units.
• The periodic maintenance team works 24 hours a day to repair any malfunction that may happen in the units.
• A mosque for performing prayers and religious rites, designed in a modern Islamic style.
• A cultural club that includes many activities.
• There are display screens for advertising.
• A children’s entertainment area equipped with many safe games to spend a special and enjoyable time.
• A distinctive landscape, water bodies, water fountains, and swimming pools, make the view wonderful and distinctive.
• Menorca provides walking, running, and cycling paths in safe places away from traffic

unit’s prices and spaces in Menorca compound the new capital

The units vary between apartments, duplexes, penthouses, and villas, as the project includes 17 residential buildings, and the project has been divided into three different models of buildings, as follows:

• Model A:
•   The residential apartment space starts from 115 square meters, 125 square meters, 129 square meters, and 160 square meters, and the duplex space starts from 230 square meters up to 250 square meters.
• Model B:
•   The apartment space starts from 185 square meters up to 193 square meters.
• Model C:
•   The apartment’s space starts from 163 square meters, 168 square meters, and 266 square meters.

Units prices in the compound:

• The price per meter for residential units starts from 8,350 EGP up to 9,500 EGP.
• The fully finished residential unit’s price per meter starts from 25,000 EGP.

The payment system in Menorca Compound, the new capital

As for apartment reservation systems and installment methods, MIRDIF has provided more than 5 payment systems, and all you have to do is choose the most appropriate system for you, so it provided convenient installment systems, and these systems in Menorca New Capital are as follows:

• You can pay a 0% down payment and the rest in equal installments over 5 years.
• 6% down payment, and the rest in installments over 6 years.
• 10% down payment and the rest in installments over 7 years.
• 10% down payment, then 10% after a year, and the rest in installments over 8 years.
• 10% down payment, 10% after one year, 5% payment after another year, and the rest in installments over 9 years.
• 10% down payment, 10% after one year, 10% one year later, 10% after another year, and the rest in installments over 10 years.