New Event Development is a prominent Egyptian real estate developer backed by Gulf investment and founded by Dr. Humaid Al-Rajwi. Leveraging his extensive expertise in construction and development, Al-Rajwi has successfully positioned the company as one of the leading names in the Middle East. Over the past decade, the company has expanded aggressively within the Egyptian market, focusing on developing integrated residential communities and diverse commercial malls in key urban hubs like the New Capital.
The company’s rapid growth is driven by a strategic expansion plan that caters to a wide spectrum of client needs, from sophisticated living spaces to high-traffic retail units. By prioritizing modernization and comprehensive service integration, New Event aims to deliver world-class expertise to Egypt’s new cities, ensuring that every project serves as a landmark of quality and functional design.
A core pillar of the company’s success lies in its powerful collaborations with industry giants. To ensure operational excellence and architectural distinction, New Event has partnered with KAD for professional management and operation, Archrete for innovative architectural consulting, and the renowned Hussein Sabbour for engineering consultancy. these alliances guarantee that every project is executed using the latest global standards and visionary engineering.
Compound New Event R8 is a premier residential development located in the heart of the New Capital’s D1 zone, offering a strategic balance between urban connectivity and neighborhood serenity. Spanning 38 acres, the master plan is thoughtfully divided between sophisticated residential buildings (60%) and elegant villas (40%). The architecture emphasizes natural light and scenic views, featuring expansive glass facades that overlook lush landscapes and tranquil water features.
New Event Developments offers a diverse range of living options, from 115 sqm two-bedroom apartments to twin houses starting at 225 sqm. To ensure accessibility, the project features a highly competitive investment framework with apartment prices starting at 25,900 EGP per meter and villas from 9,900,000 EGP. Homeownership is further facilitated by a flexible financial structure, including down payments as low as 2.5% and installment plans extending up to 12 years.
Compound Layal, located in the New Capital’s R8 District, is a premier development by New Event Developments that blends modern innovation with a low-density living philosophy. The project spans 38 acres, remarkably dedicating 80% of its footprint to lush landscapes and tranquil water features. Designed to maximize natural light through expansive glass facades, the community offers a variety of high-end units, from 115 sqm apartments to 225 sqm twin houses, all set within a peaceful environment near the city’s key transport axes.
The project is designed to be an accessible gateway to luxury, featuring an industry-leading financial structure. With competitive pricing starting at 25,900 EGP per meter and villas from 9,900,000 EGP, homeownership is made attainable through a revolutionary payment plan. Residents can secure their units with a minimal 2.5% down payment, supported by flexible installment plans reaching up to 12 years, making it a standout investment opportunity in the New Capital.
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