Red Mostakbal City

⌖ Mostakbal City, near Bloomfields  ·  ▣ 60 feddans

Developer: Cornerstone Development Prices from EGP 3.4 million Last updated:

Project at a glance

Ask about prices & availability
Location
Mostakbal City, near Bloomfields
Project area
60 feddans
Unit types
Apartments, Duplexes, Penthouses, Townhouses, Villas
Unit sizes
from 50 m²
Prices start from
EGP 3.4 million
Price per m²
EGP 67,000
Down payment
5%
Installments
up to 10 years
Delivery
2030
Finishing
Fully finished / Semi-finished
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.

Red Mostakbal City, also known as RED – Water Villas & Floating Gardens, is a residential project developed by Cornerstone Development on 60 feddans in Mostakbal City. It is under construction (October 2026). The project offers apartments, duplexes and penthouses finished to 80%, in a plan where only 17% of the land is built on, with floating gardens, water features, and services built around wellness and co-working.

About Red Mostakbal City

The master plan includes about 750 units in different sizes and styles, and the project is described as the third phase of the area where it sits, near Bloomfields. Cornerstone states that the permitted building ratio is 22% but that it is developing only 17%, with the rest set aside for green space, water features and community services (August 2025).

Units in the current phase are sold with 80% finishing, which the company describes as a signature model that speeds up occupancy and gives a good investment return. While most of the villas, townhouses and twin houses sold in earlier phases, the current phase focuses on apartments, duplexes and penthouses.

Red compound at a glance

Red prices start from EGP 3.4 million as of November 2026 for the smaller units, with a 5% down payment, installments over up to 10 years and delivery in 2030 with 80% finishing. Red Mostakbal City, or RED Mostakbal City, sits on 60 feddans and is developed by Cornerstone.

Item Details
Developer Cornerstone Development
Area and number of units 60 feddans, about 750 units, 17% building ratio
Units in the current phase Apartments, duplexes and penthouses
Price per meter EGP 67,000 to 70,500
Finishing 80%
Payment 5% down payment and installments over up to 10 years

Location of Red compound

Villas and townhouses with roof terraces at Red compound by Cornerstone

The project is in the heart of Mostakbal City, close to the New Administrative Capital and Heliopolis, and can be reached via the Regional Ring Road, the Middle Ring Road and the Cairo-Suez Road. Approximate driving times:

  • Samou Boulevard: 2 minutes.
  • Cairo-Suez Road: 5 minutes.
  • Middle Ring Road: 7 minutes.
  • North 90th Street: 12 minutes.
  • The American University in Cairo: 14 minutes.
  • Madinaty and Cairo Airport: 15 minutes.
  • Heliopolis: 20 minutes.
  • Government District in the New Administrative Capital: 25 minutes, and Ain Sokhna: 45 minutes.

To compare with the closest neighbor, see Bloomfields Mostakbal City in the same city.

Areas and unit types

Units range from small apartments to villas, with areas from 50 sqm for the small apartments up to 370 sqm for villas. The main announced categories are:

  • One-bedroom apartments: from 50 to 63 sqm and from 87 to 100 sqm.
  • Two-bedroom apartments: from 117 to 151 sqm.
  • Three-bedroom apartments and penthouses: from 155 to 255 sqm.
  • Duplexes: two bedrooms at about 137 sqm and three bedrooms from 236 to 240 sqm.
  • Townhouses: two bedrooms at about 147 sqm and three bedrooms from 170 to 253 sqm.
  • Villas: four bedrooms at about 314 sqm and five bedrooms at about 370 sqm.

Most townhouse and villa units sold out in earlier launches, so we confirm what is actually available before you reserve.

Red compound prices

Red prices start from EGP 3.4 million for the smaller units (October 2026). Prices vary by unit type, and these figures are on the installment plan:

  • Two-bedroom apartment: from EGP 4.6 to 8.1 million depending on area.
  • Two-bedroom duplex: from EGP 5.5 million.
  • Three-bedroom penthouse: from EGP 7.3 to 10.6 million.
  • Townhouse: from EGP 6.5 to 8.1 million.
  • Villas: from EGP 21 to 27 million.

The price per meter ranges from EGP 67,000 to 70,500 in the current phase. Some figures differ from one phase to another, so we get the current price list from Cornerstone before any reservation. Car parking spaces are sold separately, at prices starting from EGP 348,500.

Payment plans and delivery

The main plan is a 5% down payment with installments over up to 10 years. An alternative 9-year plan comes with a 5% discount on the unit price, and a cash payment discount of up to 47% depending on the unit. A maintenance deposit of 10% of the unit value is collected. Plans with a higher down payment (10% up to 30%) exist in specific launches, so we confirm the current plan for you.

Delivery is in 2030 (December 2030). Units are delivered with 80% finishing, and the buyer can complete the rest to their own taste.

Red compared with neighboring Mostakbal City compounds

To compare nearby projects (November 2026):

  • Bloomfields Mostakbal City: units from 76 sqm, with prices from EGP 6.4 million, a 5% down payment and installments over up to 10 years.
  • Talda Mostakbal City: apartments from 89 sqm, with prices from EGP 5.4 million, a 5% down payment and installments over up to 11 years.
  • Zizinia Mostakbal City: units from 85 sqm, with prices from EGP 3.9 million, a 5% down payment and installments over up to 8 years.

Among these projects, Red stands out for its floating gardens, water features and low building ratio (17%), and it is delivered with 80% finishing rather than semi-finished.

The developer

Townhouse with glass terraces at Red Mostakbal City compound

The developer is Cornerstone Development, chaired by engineer Ashraf Boules. Among its best-known projects is The Curve in the Eighth District of the New Administrative Capital, which the company announced in 2026 it had fully delivered, an important sign of its commitment to delivery dates. That project reflects its approach of modern design and 80% finishing.

Services and facilities

Red focuses on a healthy, community-minded lifestyle. Its main services include:

  • A sunken spa garden, a cold plunge and a gym with natural lighting.
  • The Social House, a private cinema room and a cafe.
  • Co-working spaces and outdoor seating areas.
  • A gallery garden, hotel-style swimming pools, floating gardens and water features.
  • A medical center, pharmacies, a commercial area, restaurants, a nursery, children’s play areas and cycling paths.
  • 24-hour security, surveillance cameras, a controlled gate, public internet and a residents’ app.

Tips before reserving at Red

The key thing to understand at Red is that units are delivered with 80% finishing, so you will need to complete part of the finishing after handover. Ask exactly which specifications are included and which are not, and work out the extra cost. The down payment also ranges from 5% to 30% and delivery from 2029 to 2030 depending on the plan, so get a written offer from the developer before you reserve.

Remember that car parking spaces are sold separately and that the 10% maintenance deposit adds to your commitments. If you prefer villas and townhouses, note that most of them sold in earlier launches, and the current phase focuses on apartments, duplexes and penthouses.

We also advise asking the developer about the plan for finishing the remaining 20%, whether you can use a contractor of your choice, and how the compound will be managed after handover in terms of maintenance fees, security and shared services. These details do not usually appear in advertisements, but they affect the long-term cost of ownership and help you compare Red with other projects delivered fully finished or semi-finished.

Why buy Red with West Capital

Red is a multi-phase project whose categories are sold in batches, and its prices and terms differ from one launch to the next. With West Capital you get:

  • An updated list of the units actually available, from apartments to duplexes and penthouses, with their areas and prices.
  • An even-handed comparison between Red and its alternatives in Mostakbal City on price, down payment, delivery date and finishing level.
  • An explanation of the cost of completing the 80% finishing after handover and its effect on your total spend.
  • Follow-up of your reservation and contract with the developer through to handover, with no extra fees for you.

For more options, browse Mostakbal City projects, learn about Cornerstone Development, and compare with Zizinia Mostakbal City, SODIC East New Heliopolis and Sarai New Cairo. You can also read Fifth Settlement compounds 2026.

Frequently asked questions about Red Mostakbal City

Where is Red compound located?

In the heart of Mostakbal City, close to the New Administrative Capital and Heliopolis, 2 minutes from Samou Boulevard, 5 minutes from the Cairo-Suez Road and 15 minutes from Cairo Airport.

How big is Red compound and how many units does it have?

It covers 60 feddans and has about 750 units, with a building ratio of only 17% (August 2025).

What are Red compound’s starting prices?

Prices start from EGP 3.4 million (October 2026), and villa prices reach about EGP 27 million, varying by phase.

What payment plan is available?

A 5% down payment with installments over up to 10 years, a 9-year plan with a 5% discount, a cash discount of up to 47%, and a 10% maintenance deposit. We confirm the current plan with the developer for you.

When is Red delivered?

Delivery is in 2030, and units are delivered with 80% finishing.

Who is the developer, and what are the project’s main services?

The developer is Cornerstone. Services include a spa garden, a cold plunge, a gym, a private cinema, co-working spaces, floating gardens and a medical center.

Is Red Mostakbal City by Cornerstone?

Yes. Red compound (RED Water Villas & Floating Gardens) is by Cornerstone Development on 60 feddans in Mostakbal City, chaired by engineer Ashraf Boules.

How much is an apartment at Red compound, and what is the down payment?

Red prices start from EGP 3.4 million, and a two-bedroom apartment starts from EGP 4.6 million, with a 5% down payment and installments over up to 10 years (October 2026).

How does Red differ from Bloomfields in Mostakbal City?

Red prices start from EGP 3.4 million with 80% finishing and delivery in 2030, while Bloomfields starts from EGP 6.4 million with a 5% down payment and installments over up to 10 years (November 2026).

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Location

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Mostakbal City, near Bloomfields

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Developer

About Cornerstone Development

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Cornerstone Development

Cornerstone Development is an Egyptian real estate developer chaired by Eng. Ashraf Boulos. It focuses on modern design and, in a number of its projects, delivers units with 80% finishing. Its most prominent work includes The Curve in the Eighth District of the New Administrative…

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