Mall M Plus New Capital stands at the gateway of the New Administrative Capital as a commercial and administrative project developed by Magna Developments, with a deliberately limited capacity of only 300 units. What sets the project apart from the other malls of the MU12 district is a cultural and visual element no competing mall offers: a giant Pharaonic Bastet statue, executed in partnership with Not Toys, a firm known for its large-scale sculptures, rising the height of four floors at the project’s facade. The idea turns the mall from a building of offices and shops into a standalone tourist landmark, which means the value of a unit here is not tied to the conventional rental yield alone.
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The Bastet statue and the project’s artistic philosophy
Magna chose an artistic direction different from the other malls of the New Administrative Capital. The architectural design, supervised by engineer Mohamed Talaat, shaped a visual identity that breaks away from the repeated glass-facade pattern of the rest of the MU12 projects. The artistic concept revolves around reviving the symbol of Bastet, the goddess tied to protection and prosperity in ancient Egyptian mythology, and Not Toys, the specialist in large-scale sculptures, was contracted to produce a statue of exceptional size at the front of the mall.
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This design decision carries a direct marketing dimension. The mall becomes a visit landmark that draws customers even just to photograph and see the statue, which raises the foot traffic for the commercial tenants. The company is betting that the sculpture will create a strong sense of place that distinguishes Mall M Plus New Capital from competitors within kilometres in the same administrative district.
Where exactly is Mall M Plus New Capital?
Mall M Plus New Capital lies in the MU12 district on the Mohamed Bin Zayed South Axis, a direct first row right after the Mega City area at the entrance of the New Administrative Capital. This position specifically stands out because it is on the road that enters the Capital from the New Cairo and Fifth Settlement side, which makes it the first mall to meet those arriving from East Cairo and noticeably raises the chance of a spontaneous stop.
- Martyrs Mosque: the largest mosque in the New Administrative Capital, minutes from the project.
- The Government District and the central financial zone: the seat of the ministries, the Central Bank, and the major financial institutions, which guarantees steady demand for nearby administrative space.
- The Green River: the Capital’s central linear park, running alongside the area and giving the project a natural frontage.
- The Capital International Airport: connected by a direct high-speed road network to the mall’s location.
- The Diplomatic District: receiving the diplomatic missions relocating from Cairo, creating high-quality commercial demand.
- The International University: drawing a student and academic segment with high purchasing power.
- Track Reef Mall and Yener Mall: direct competing malls in the same geographic range, useful for price comparison and competitive positioning.
The proximity to the Bin Zayed South Axis specifically gives the mall fast access to New Cairo and Mostakbal City, two of the largest residential clusters with purchasing power in East Cairo, which means the potential customer base of Mall M Plus New Capital is not confined to the residents of the Administrative Capital alone.
Area of Mall M Plus New Capital and the project layout
Mall M Plus New Capital spans a total area of 5,200 m², which Magna distributed across a deliberately limited number of units, no more than 300 between commercial and administrative. The internal layout places the commercial units on the ground and first floors to benefit from the passing foot traffic, while the administrative units spread across the upper floors to ensure privacy and quiet.
This limited-number policy is intentional from the developer. The fewer the units in a given area, the greater the scarcity, and therefore the higher the long-term investment value of each unit. At the same time, it keeps a reasonable visitor density inside the mall without congestion that would disturb the tenants.
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Unit types and sizes at Mall M Plus New Capital
| Unit type | Area (from) | Location in the mall | Finishing |
|---|---|---|---|
| Administrative (offices) | 36 m² | Upper floors | Full finish, plus furnished offices (optional) |
| Commercial (shops) | 42 m² | Ground and first floors | Core and shell, ready for fit-out |
The administrative spaces are designed to hold small and medium companies and entrepreneurs, with the option of furnished offices ready to operate that remove the fit-out cost from the tenant entirely and give an immediate advantage when leasing to other parties. Some administrative units are handed over fully finished with premium office furniture and air conditioning, ready to use. The commercial units start from 42 m², a size suited to brands, cafes, service clinics, and accessory and clothing shops.
How much is the price per meter at Mall M Plus New Capital?
The administrative price per meter at Mall M Plus New Capital starts from EGP 140,000, the commercial price per meter on the first floor starts from EGP 240,000, and on the ground floor it reaches EGP 390,000 per meter. Prices are updated to December 2025 as announced by Magna and remain subject to adjustment by sales phase.
- Administrative unit of 36 m²: a per-meter price of EGP 140,000, a total unit price of EGP 5,708,025, the project’s entry point.
- Commercial unit of 42 m² on the first floor: a per-meter price of EGP 240,000, with some units reaching a total of EGP 12,000,000 by position.
- Commercial unit of 42 m² on the ground floor: a per-meter price of EGP 390,000, with a total reaching EGP 13,320,000, the highest because of the direct frontage onto pedestrians.
- Average commercial unit: around EGP 9,990,000 at a per-meter price of EGP 300,000.
A quick comparison with the neighbouring projects: the malls of the MU12 district and its extensions price their units between EGP 5 and 8 million as a starting point, with Dow Tower from 4.995 million, Vertex from 5.4 million, MDK from 5.52 million, and Quantum from 6.02 million. Mall M Plus New Capital sits in the lower-middle of this range at the administrative entry unit, which makes it competitive at the start, especially with the artistic statue feature that no competitor offers.
Payment systems at Mall M Plus New Capital
Magna offers four distinct payment systems at Mall M Plus New Capital, dealing with different investor segments by financial capacity and liquidity preference.
- System one: 10% down payment with installments up to 10 years (120 months), the longest term and the most suitable for easing the monthly installment burden.
- System two: no down payment with installments over 100 months, suited to whoever prefers to start with full liquidity in hand and defer any large payment.
- System three: 45% down payment, no installments until the operating date, then installments over 4 years, suited to the investor who prefers to clear the burden before operating the unit.
- System four, the cash offer: a cash discount reaching 35% on the fully furnished offices on full payment, the highest official discount announced by the developer.
This variety is uncommon in the Administrative Capital projects, which usually offer one or two systems only. Having four options gives Magna greater negotiating power when closing deals with investors, and lets the buyer pick the system that matches the nature of their investment, whether fast leasing, self-operation, or resale.
Facilities and services at Mall M Plus New Capital
- An integrated 24-hour security system backed by surveillance cameras and access control systems.
- A Building Management System (BMS) that controls temperature, lighting, and ventilation through a smart automatic system that lowers the energy consumption of the unit tenants.
- Organized car parking with enough capacity to hold the commercial visitors and the administrative office staff.
- Green areas and outdoor seating inside the project that break the routine of the traditional work environment and suit informal meetings.
- High-speed internet and modern communications infrastructure connected to all the administrative units.
- Restaurants and cafes in a food court targeting the staff of the financial zone and the Government District at peak hours.
- Multi-purpose halls equipped with audio and visual systems to host meetings and small conferences.
- Periodic maintenance services supervised by the Magna facility management to preserve the building’s value over time.
Magna Developments: the developer
Magna Developments was founded more than 25 years ago, and ranks among the early Egyptian companies in delivering real estate, industrial, and administrative projects. Its cumulative record holds more than 3,000 delivered units across residential, commercial, and administrative use, and more than 2,500 clients who completed contracts with it.
- Cubes Tower New Capital: its first major commercial project in the Administrative Capital.
- Construction of the administrative building of the Egyptian Engineers Syndicate.
- Building the Egyptian headquarters of the UAE MBF group of companies, covering 7 companies.
- Developing the Al Safa factory for the Al Murshidy Group.
- Developing the roads and infrastructure of the Robbiki industrial zone.
- Building a set of towers and infrastructure in El Shorouk City.
- Multiple residential buildings in the Fifth Settlement, Nasr City, Heliopolis, and New Nozha.
This mix of industrial, administrative, and residential work gives Magna an execution capacity different from developers who work in a single sector. Its commercial portfolio is currently led by Ahmed El-Zahed, the head of the commercial sector, who tied the Mall M Plus New Capital file to the artistic partnership with Not Toys to create a visual landmark for the Administrative Capital.
Is investing in Mall M Plus New Capital a rewarding opportunity?
Investing in Mall M Plus New Capital offers three advantages that are hard to gather in one project: a first-row location on the Bin Zayed South Axis before the Mega City, a supplied scarcity of only 300 units, and a unique visual identity through the Bastet statue that will act as a media and tourist magnet.
Who does this project suit?
- The mid-size investor seeking an administrative entry point under EGP 6 million with a leasing advantage from the proximity to the Government District.
- The brand owner who needs a first-row commercial location with a natural draw from a tourist landmark.
- The administrative office owner who prefers the full finish and furnished offices to save fit-out time.
- The cash investor who benefits from the 35% discount that noticeably lowers the total investment in exchange for liquidity.
Potential risk factors
The limited number of units, 300, is a double-edged sword: it creates investment scarcity, but it can also mean a limited chance for anyone who delays the reservation. Likewise, the high density of administrative malls in the MU12 district, with the direct competitors named above, will impose competition on the tenants over leasing the units in the first years of operation, which may temporarily pressure the expected rental yield.
The investment analysis is for guidance only and is not a recommendation to buy or sell. The real estate investment decision rests with the buyer’s judgement and personal financial circumstances.
Frequently asked questions about Mall M Plus New Capital
How much do unit prices start from at Mall M Plus New Capital?
Prices at Mall M Plus New Capital start from EGP 5,708,025 for an administrative unit of 36 m², and reach EGP 13,320,000 for the ground-floor commercial units. Prices are updated to December 2025, and Magna offers installment systems up to 10 years.
Where is Mall M Plus New Capital located exactly?
Mall M Plus New Capital lies in the MU12 district on the Mohamed Bin Zayed South Axis, a direct first row after the Mega City area, at the entrance of the Administrative Capital coming from New Cairo and the Fifth Settlement, close to the Government District, the financial zone, and the Green River.
What is the area of Mall M Plus New Capital and the number of units?
Mall M Plus New Capital spans 5,200 m² and holds only 300 units between commercial and administrative. The commercial units sit on the ground and first floors from 42 m², while the administrative units sit on the upper floors from 36 m² with a full finish.
What payment systems are available at Mall M Plus New Capital?
Magna offers four systems at Mall M Plus New Capital: 10% down with installments over 10 years, no down payment with installments over 100 months, 45% down with no installments until operation then 4 years, or a cash discount up to 35% on the furnished offices.
Who is the developer of Mall M Plus New Capital?
The developer is Magna Developments, an Egyptian company with more than 25 years of experience that has delivered over 3,000 units and the trust of 2,500 clients. Its most prominent projects include Cubes Tower in the Administrative Capital, the Egyptian Engineers Syndicate buildings, and the Egyptian headquarters of the UAE MBF group.
Conclusion
Mall M Plus New Capital is a commercial and administrative project by Magna Developments spanning 5,200 m² in the MU12 district, combining a first-row location on the Bin Zayed South Axis, a limited number of units at 300, a full finish for the administrative units with a furnishing option, four flexible payment systems, and a unique visual identity through the Bastet statue in partnership with Not Toys. To view the latest prices, the available units, or to book a viewing at Mall M Plus New Capital, you can reach out through the contact form on this page.