Edge Stone Developments, a subsidiary of Edge Stone Group, has announced that construction work at its residential project, Moraya, in the R8 residential district of Egypt’s New Administrative Capital has reached approximately 80% completion. The company is also allowing clients to view their units on-site ahead of the anticipated handover.
The progress reflects the developer’s commitment to executing its projects according to planned schedules while maintaining construction quality and efficiency, as part of its strategy to strengthen its presence in Egypt’s real estate market.
Tarek Zein: Moraya Construction Progress Reflects Edge Stone’s Execution Strategy
Eng. Tarek Zein, CEO of Edge Stone Developments, said the advanced construction progress at Moraya reflects the group’s strategy of prioritizing on-the-ground execution and delivering integrated real estate products that meet clients’ needs.
He noted that the company is working to accelerate construction while maintaining the project’s quality standards and specifications.
Zein added that Edge Stone’s execution strategy draws on its extensive experience in contracting and real estate development, supported by its financial and operational capabilities. Reaching 80% completion represents a significant milestone for Moraya and reinforces the company’s commitment to delivering the project according to its plans.
Moraya New Capital: Strategic Location in the R8 Residential District
Moraya is located on plot L10 in the R8 residential district of the New Administrative Capital, near the Green River and the South Bin Zayed Axis.
The project is also situated near three main road axes, providing access to the Diplomatic Quarter, the New Administrative Capital Airport, universities, and other key destinations across the city.
The location is one of the project’s main selling points for prospective homeowners and real estate investors seeking residential properties in the New Administrative Capital.
Moraya Compound Spans 25.5 Acres with 18% Building Density
The Moraya residential project covers approximately 25.5 acres, with buildings occupying just 18% of the total site area. The remaining space is allocated to landscaped green areas, lakes, and various amenities.
This master plan is designed to balance building density with open spaces and residential comfort, supporting the project’s focus on a more integrated living environment.
According to the company, Moraya is designed to offer more than residential units, combining housing, hospitality services, and modern technology in a comprehensive residential experience.
Smart Technology and Transportation Services at Moraya
Moraya incorporates a smart services system featuring a dedicated mobile application for residents, designed to support access to services within the compound.
The project also offers internal and external transportation options, including golf carts for movement within the compound and dedicated buses to transport residents around the New Administrative Capital.
These facilities form part of the developer’s broader approach to integrating everyday convenience into the residential experience.
Hotel Management, Retail and Lifestyle Amenities at Moraya
Moraya includes a shopping mall and a range of recreational, sports, and essential services.
Edge Stone Developments has signed an agreement with the Joyinn hotel brand to manage and lease apartments within the project. The company has also signed an agreement with Dr. Tamer Sorour’s Infinity office.
Other planned amenities include:
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- A social club and swimming pools, including covered pools for women.
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- A gym and a dedicated children’s area.
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- Walking and cycling paths.
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- A medical clinic and a fully equipped ambulance available 24 hours a day.
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- Underground parking garages.
These facilities are intended to support residents’ daily needs and provide a range of services within the compound.
Moraya Offers Units Starting from 178 Square Meters
Edge Stone Developments offers a range of residential unit options at Moraya, with areas starting from 178 square meters.
Clients can choose between three-quarter finishing and full hotel-style finishing, according to the project’s specifications. This flexibility allows buyers to select the finishing option that best suits their preferences and requirements.
The range of finishing options forms part of the company’s strategy to provide residential products that address different client needs.
Edge Stone Group Builds on More Than 25 Years of Real Estate Experience
Moraya reflects Edge Stone’s approach of combining construction execution with integrated residential services, as the group continues to expand its presence in Egypt’s real estate market.
Edge Stone Group comprises companies operating in contracting, real estate development, and advertising. The group is owned by Eng. Zein Lamie, who has more than 25 years of experience in the real estate sector.
The group also draws on experience in government and residential projects and owns building materials factories, supporting its construction and execution capabilities.
Its track record includes projects involving roads, bridges, infrastructure, fuel stations, and government developments. Residential projects include the State Council Compound in the Andalus district of New Cairo.
In addition, the group maintains a portfolio of land assets across several urban and investment areas and includes a company specializing in tourism facility management, with operations in regional and international markets.
With Moraya reaching approximately 80% construction completion, Edge Stone Developments is continuing its efforts to advance the project while offering clients the opportunity to view their units ahead of the anticipated handover.
