Ray Residence New Capital Compound in R8 by Radix

⌖ New Administrative Capital - R8, plot O1  ·  ▣ About 27 feddans

Developer: Radix Development Prices from EGP 4.16 million Last updated:

Project at a glance

Ask about prices & availability
Location
New Administrative Capital - R8, plot O1
Project area
About 27 feddans
Unit types
Apartments, Duplexes, Villas, Hotel apartments
Unit sizes
from 50 m²
Prices start from
EGP 4.16 million
Price per m²
EGP 34,000
Down payment
10%
Installments
up to 14 years
Delivery
2030
Last updated

* Prices and payment plans are as of the page's last update and may change by the developer; contact us to confirm the latest prices and available units.

Ray Residence New Capital is a residential compound by Radix Development on about 27 feddans in the eighth district (R8), on plot O1 at the entrance of the Diplomatic Quarter. Units range from 50 to 465 square meters, with 10% down and installments up to 14 years. Prices at Ray Residence start from EGP 4.16 million for an apartment as of November 2026 (approximate).

A lake, fountains and residential buildings at Ray Residence compound in the New Capital

About Ray Residence

Ray Residence is the first residential project by Radix in the New Capital after its commercial project Agile, and the company allocated direct investments of 2.5 billion EGP to it on about 27 feddans. It sits on plot O1 at the entrance of the Diplomatic Quarter, one facade overlooks a services area and the R8 Central Park, which covers about 39 feddans and is an extension of the Green River, while the International University, shopping centers and a large hotel are directly opposite.

Radix chose the eighth district because it hosts a large share of people working in the Government and Diplomatic districts, so it designed the project for two groups: families who want a spacious apartment or duplex as a permanent home, and investors looking for a small furnished unit. So the project combines small serviced hotel-style apartments, apartments of three to five bedrooms and duplex villas.

The project opens onto two axes 60 meters wide through four main gates, with an internal ring road for walking, jogging, cycling and golf carts, and two underground garages. The developer separated the residential zone from the services and leisure zone with separate paths for cars and pedestrians, placed the duplex villas where they overlook green spaces directly, and built a lagoon inside the leisure zone overlooked by several buildings.

A multi-firm consultant team shares the design: ARCRITE for engineering design, UCAC as executive consultant, Schneider Electric for energy and smart systems, and ETQAN as feasibility and pricing consultant.

A residential building and a lake at Ray Residence in R8 of the New Capital

Where is Ray Residence located

Ray Residence is in the eighth district R8 on plot O1 at the entrance of the Diplomatic Quarter. The district reaches the South Mohamed Bin Zayed Axis in minutes, linking the capital to New Cairo and the Regional Ring Road. What surrounds the project:

  • The Diplomatic Quarter: at the entrance of the project.
  • The R8 Central Park: on one facade of the project.
  • The International University, shopping centers and a large hotel: opposite the project.
  • The South Mohamed Bin Zayed Axis: minutes by car.
  • The Fifth Settlement and Madinaty: reachable without crossing areas still under construction.

To compare districts, see New Administrative Capital projects.

Unit sizes and types at Ray Residence

Ray Residence units range from small serviced apartments of 50 square meters to duplex villas of 465 square meters, with apartments of three to five bedrooms in between.

Type Size Who it suits
Small serviced apartments From 50 m² Anyone who wants a small furnished unit
3-bedroom apartment Medium A mid-size family
4 and 5-bedroom apartment Large Large families
Duplex villa Up to 465 m² Anyone who prefers a home facing greenery

Residential buildings and walking paths around the lake at Ray Residence

When you inquire we send the unit plan, its floor and its view, because the price gap between an apartment facing the lake and an interior aparPrices start from EGP 4.16 million for an apartment as of November 2026 (approximate). tment is clear, and we explain what suits your budget.

Ray Residence prices and payment plans

Ray Residence prices differ widely between a small serviced apartment and a duplex villa, and the price per square meter ranges from about 34,000 to 89,000 EGP depending on the model. So we send you the available prices and the payment plan for your unit when you contact us on WhatsApp.

  • A down payment starting from 10%.
  • Installments up to 14 years in equal payments with no annual payments.
  • Expected delivery in 2030, about 4 years from contracting.
  • We review the installments and fees with you before any booking.

The developer: Radix

Ray Residence is developed by Radix Development, the Egyptian arm of the Saudi Mowafak Holding group, the same company behind the commercial Radix Agile project in Downtown. The project has obtained its ministerial decree, and before booking we walk you through the approved plan and the payment schedule written in the contract.

Amenities and services

  • A lagoon inside the leisure zone overlooked by several buildings.
  • A ring road for walking, jogging, cycling and golf carts.
  • Four main gates on two 60 meter axes.
  • Two underground garages.
  • Separate paths for cars and pedestrians.
  • Serviced hotel-style apartments inside the project.

Who Ray Residence suits and what to check before booking

Ray Residence suits a family looking for a spacious apartment or duplex in the eighth district near the Diplomatic Quarter, and anyone who wants a small serviced unit at a lower cost. Before booking, check:

  • The unit number, floor and size written in the contract.
  • The finishing type delivered and the written delivery date.
  • The payment schedule and fees and how they are paid.

Comparing Ray Residence with nearby projects

Project Location Type
Ray Residence R8, plot O1 Residential compound with serviced apartments and villas
Queen Land R8 Residential compound
Lumia Lagoons R8, plot H4 Residential compound around lagoons
Kardia R8, plot O2 Residential compound

Ray Residence stands out with models ranging from the small serviced apartment to the duplex villa and with installments up to 14 years, while the neighboring projects differ in size and payment term, so your choice depends on your purpose of buying.

Why buy at Ray Residence with West Capital

  • We compare Ray Residence with the other R8 projects by location, size and payment plan.
  • We help you choose between the serviced apartment, the large apartment and the duplex.
  • We review the contract, the plan and the payment schedule with you before you send any amount.

For more, browse New Capital projects and the developer page Radix.

Frequently asked questions about Ray Residence

Where is Ray Residence located?

In the eighth district R8 of the New Capital on plot O1 at the entrance of the Diplomatic Quarter.

Who is the developer of Ray Residence?

Radix Development, the Egyptian arm of the Saudi Mowafak Holding group.

How big is Ray Residence?

About 27 feddans with investments of 2.5 billion EGP.

What unit sizes does Ray Residence offer?

From 50 square meters for small serviced apartments up to 465 square meters for duplex villas.

What is the payment plan at Ray Residence?

A down payment starting from 10% and installments up to 14 years in equal payments. We send you the plan available for each unit when you inquire.

Does Ray Residence include serviced apartments?

Yes, the project has small serviced SUITE HUB apartments from 50 square meters for anyone who wants a furnished unit.

What sets the project apart in the eighth district?

Separate paths for cars and pedestrians, a lagoon in the leisure zone, a ring road for walking, cycling and golf carts, and four gates.

When is Ray Residence delivered?

Delivery is expected in 2030, about 4 years from contracting.

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Location

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New Administrative Capital - R8, plot O1

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Developer

About Radix Development

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Radix Development

Radix Development is the Egyptian arm of Saudi-based Mawfeq Holding Group, whose history goes back to 1965. It began operating in Egypt in 2018 under the name Salmaniya Real Estate Development. The company focuses on commercial, administrative and residential projects in the New Administrative Capital,…

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