RAQ Mall New Cairo is a mixed-use commercial, administrative and medical mall developed by RMD Real Estate Development, also known as Redminds Developments, on North 90th Street inside the Golden Square of New Cairo (Fifth Settlement). The entry ticket is what separates it from the rest of the corridor. A retail unit opens at EGP 4,446,000 with a 10% contract down payment and instalments running up to 9 years, which puts a shop on the busiest commercial artery of the Fifth Settlement within reach of buyers who would normally be priced out of it.

The second differentiator is size discipline. The building occupies roughly 8,250 m², about two feddans, and its units start at 29 m² for offices and clinics, so the total unit count stays deliberately small. A compact building on a main frontage gives every unit street exposure, and a short supply list protects the price per meter from the saturation that hits large malls carrying hundreds of near-identical shops. Everything below reads from those two facts.

North 90th Street and the Golden Square: why this address carries a premium

RAQ Mall New Cairo sits on North 90th Street, the spine that investors in the Fifth Settlement call the Golden Square. The label is not marketing shorthand. It describes the strip where New Cairo concentrated its commercial frontages, its administrative towers and its highest residential density at the same time, which is why land on it prices above almost every other pocket of the district. A unit here inherits footfall that already exists rather than footfall a developer promises to create later.

Access works in two directions from the site. The Mohamed Bin Zayed Axis and the Middle Ring Road both feed the corridor, which puts the New Administrative Capital roughly 14 minutes away and pulls traffic from Cairo through the Suez Road in about 5 minutes. That matters for a commercial asset in a way it does not for a home. A mall lives on catchment radius, and a project connected to both the older eastern districts and the new government city draws from two populations instead of one.

The immediate surroundings supply the daily customer base. The American University in Cairo (AUC), one of the largest single generators of daily movement in eastern Cairo, sits roughly 5 minutes from the project and delivers a continuous flow of students, faculty and visitors. Al Rehab City is about 3 minutes away, and the fully occupied compounds along the axis provide a resident base that does not depend on a future delivery date to start spending.

New Cairo itself is worth reading as an entity here. The city was planned by the New Urban Communities Authority as the eastern expansion of Greater Cairo, and the Fifth Settlement became its commercial centre of gravity once the residential districts filled and the service demand followed. Retail supply in the district has grown fast, but it has grown unevenly, concentrating on a handful of axes. North 90th Street is the one that absorbed the most of it, which is precisely why a frontage on it prices differently from a frontage two streets behind.

Distances and landmarks around RAQ Mall New Cairo

American University in Cairo (AUC): around 5 minutes, the district’s densest daily footfall generator.
Suez Road: roughly 5 minutes, the main link back toward Cairo and Heliopolis.
Al Rehab City: about 3 minutes, one of the oldest fully populated communities in the area.
New Administrative Capital: about 14 minutes through the Mohamed Bin Zayed Axis.
Middle Ring Road: direct access, connecting the corridor to the rest of the New Cairo axes.
Cairo Festival City and The Spot Mall: established retail destinations inside the same catchment, evidence that the area already absorbs large-scale commercial supply.
At Nine Mall and Bracts Mall New Cairo: neighbouring commercial and administrative projects on the same stretch, forming a retail cluster rather than an isolated building.
Surrounding compounds, schools and medical institutions: a resident and service population that supplies the mall with a stable nearby clientele.

How much does a unit at RAQ Mall New Cairo cost?

Prices at RAQ Mall New Cairo start from EGP 4,446,000 for a ground-floor retail unit and from EGP 4,594,000 for an administrative office or a medical clinic. Figures were updated in June 2026 and remain subject to change according to availability, with instalment terms opening at a 10% down payment.

The more useful number for an investor is the average price per meter, because it exposes how RMD priced position inside the building. A ground-floor shop averages about EGP 239,500 per m², the highest rate in the project, since it holds the pedestrian line and the strongest visibility from the street. An upper-floor retail unit averages roughly EGP 139,500 per m², a discount of more than 40% against the ground level, in exchange for a larger footprint and weaker walk-in exposure.

Offices and clinics sit between the two at about EGP 158,500 per m². That gradient lets a buyer trade budget against position instead of accepting one blended rate. Someone opening a walk-in business pays for the ground floor because footfall is the revenue driver, while a clinic or a consultancy pays less per meter for a floor where privacy and quieter circulation are the operating requirement.

Unit type	Floor	Area (m²)	Instalment price (EGP)	Average price per m² (EGP)
Retail shop	Ground	18 to 28	4,446,000 to 5,760,000	239,500
Retail shop	Upper	44 (plus 4 m² outdoor)	6,140,000	139,500
Administrative office	Upper	29	4,594,000	158,500
Medical clinic	Upper	29	4,594,000	158,500

Unit types, areas and prices at RAQ Mall New Cairo, updated June 2026 and subject to availability.

What is the payment plan at RAQ Mall New Cairo?

RAQ Mall New Cairo is sold on a 10% contract down payment with the balance spread over instalments reaching 9 years. RMD also operates a fast preliminary reservation for specific units, which matters when a buyer is targeting one particular position on the ground-floor frontage rather than any available unit.

The commercial logic of that structure is a low cash barrier. On a EGP 4,446,000 retail unit the contract payment is under EGP 450,000, and the remainder is carried across nine years while the corridor keeps appreciating. For a commercial asset in the Golden Square this is the mechanism that widens the buyer pool, because entry into this corridor has historically required liquidity that most individual investors do not hold in a single lump.

Contract down payment starting at 10% of the unit value.
Remaining balance instalments extending up to 9 years.
Fast preliminary reservation available to secure a specific unit position inside the mall.
Prices quoted are instalment prices, updated June 2026 and subject to change by the developer.

Unit sizes, the floor split, and the option to merge

RMD split the project across three activities and assigned each one the floor that suits how it trades. Retail takes the levels closest to pedestrian movement, where a 18 m² to 28 m² shop can operate a compact concept with a full frontage. Administrative offices and medical clinics occupy the upper levels from 29 m², a size band that fits a two-room clinic, a small practice or a service company that needs an address on the axis more than it needs floor area.

Small units are a deliberate pricing tool, not a limitation. They keep the absolute ticket low, they suit the tenant profile the corridor actually generates, and they leave the developer with a wider resale market later. The project also allows two or more adjacent units to be merged into a single larger space, which answers the brands that need a broader shopfront without forcing every buyer into a large unit they cannot fund.

One upper-floor retail configuration carries 44 m² plus 4 m² of outdoor area at EGP 6,140,000. That outdoor extension is the piece that makes an upper-floor food or café concept viable, since seating spill-out is what compensates for being off the pedestrian line.

An 8,250 m² footprint and what a compact mall does to unit value

The project spans approximately 8,250 m², close to two feddans, distributed by RMD between retail on the lower levels, administrative and medical floors above, and service and landscaped areas. Two basement levels handle parking, which keeps vehicle circulation off the frontage and away from the shopfronts. Compared with the 30 and 40 feddan retail destinations elsewhere in New Cairo, this is a small building by design.

Scale has a direct effect on unit economics. A limited footprint yields a limited number of units, which keeps internal competition between tenants low and supports the price per meter over the holding period. It also concentrates every unit near the main facade instead of burying half the inventory in interior corridors with no daylight and no visibility, which is the structural weakness of oversized malls that release supply faster than the catchment absorbs it.

The architecture follows the same commercial reasoning. Reflective glass facades cut by clean geometric lines give the building presence from the street and push natural light deep into the units, which lowers daily operating cost for a tenant and improves how merchandise reads from outside. The engineering design was prepared in collaboration with consultant Wael El Saman of Smarch, whose practice has handled several commercial projects along the same New Cairo axes.

Facilities and operating systems inside the mall

RMD equipped the mall with a service package aimed at two audiences at once, the visitor who has to want to stay and the owner who has to be able to lease. The list below covers what the developer has confirmed inside the project.

Retail zone for international and local brands, built to hold a tenant mix that pulls several visitor segments rather than one.
Panoramic restaurants and cafés, which extend dwell time inside the mall and raise repeat visit frequency.
Green and landscaped areas that soften the commercial density and give visitors a reason to linger between floors.
Smart security systems and 24/7 surveillance cameras covering units and public circulation.
Multi-storey garages absorbing visitor vehicles and easing the parking pressure that affects every project on the axis.
Hotel-style entrances and panoramic lifts moving visitors between the retail levels and the upper office and clinic floors.
A management and operation centre for the commercial, administrative and medical units, set up to run the asset professionally from the start of operation.
Multi-purpose halls for meetings and trade presentations, useful for brands that base an activity inside the mall.
A dedicated children’s area with safe play space, which is what converts a passing family into a longer visit.

Operation is where commercial projects usually fail, so the assigned partners are worth naming. Mall management is handled by Egy Map, while medical floor operations are set to run through Healthy Care. A clinic buyer is effectively purchasing into an operator, not just a slab of floor area, and knowing who runs the medical zone is more predictive of yield than any amenity on the list.

RMD, the developer behind RAQ Mall New Cairo

The project carries the signature of RMD Real Estate Development, also trading as Redminds Developments, a firm whose volume is concentrated in exactly the cities where this mall sits. Its portfolio in New Cairo includes Actio Mall New Cairo, a commercial project on the same urban stage, alongside more than 15 developments across Fifth Settlement districts such as North and South Lotus, Andalus, Yasmine and Beit Al Watan.

Outside New Cairo the record extends further. RMD has delivered more than 25 projects in El Shorouk City across the Seventh and Third districts and the Eighth and First zones, commercial developments in Obour City and Badr City, and close to 60 projects in 6th of October City and its northern extensions. That geographic spread is the relevant risk signal for a commercial buyer, because a developer with repeated delivery across several new cities carries a far lower probability of stalling than a first-time entrant to the market.

Experience in running malls matters more here than experience in building them. A commercial unit produces nothing until it is tenanted, priced and managed, so a developer that already operates retail assets in the same district has a working tenant network to draw on when the mall opens.

Is RAQ Mall New Cairo a sound commercial investment?

RAQ Mall New Cairo builds its investment case on three measurable factors: a North 90th Street address inside the Golden Square, a limited 8,250 m² footprint that restricts unit supply, and an entry point of EGP 4,446,000 with 10% down and 9 years of instalments.

Take those in order. The location argument is stronger than usual because the demand is already present, not projected: AUC, Al Rehab and the occupied compounds along the axis generate footfall today, so the mall is not underwriting a population that has yet to move in. The supply argument follows from the footprint, since a two feddan building cannot flood its own catchment with competing shops the way a large mall can. The entry argument is the one that changes who can participate, as a sub half million pound contract payment opens a Golden Square commercial asset to buyers whose capital would otherwise only reach a secondary corridor.

On buyer fit, the project suits an investor targeting a small retail, medical or administrative unit for leasing or for running a direct business in a high-traffic zone, and it suits brand owners who want a frontage on a primary axis without buying an oversized space. It suits less well a buyer looking for a single large-format retail floor, although the adjacent unit merge option covers part of that requirement. Realised rental yield will depend on the activity, the floor and the timing of operation, so verify the numbers against one specific unit before committing.

This analysis is provided for guidance only and is not an investment recommendation.

How the project sits against neighbouring Golden Square malls

The stretch around the project already carries commercial and administrative buildings including At Nine Mall and Bracts Mall New Cairo, with Cairo Festival City and The Spot Mall anchoring the wider catchment. Clustering is an advantage rather than a threat in retail, because a corridor with several destinations captures more trips per visitor than a single isolated building does.

Where the project separates itself is unit granularity. Most of the larger neighbours sell floor plates that price an individual investor out, while this project sells 29 m² offices and clinics and sub 30 m² shops. The comparison a buyer should actually run is price per meter against the nearest equivalent frontage on North 90th Street, not headline unit price against a bigger mall with a different unit mix.

What has not been confirmed yet

Two data points are worth checking directly with the developer before signing. RMD has not published a confirmed handover year for the mall in the project’s official data, and the delivered finishing specification per unit type has not been fixed publicly either. Circulating figures from third-party listings differ from one another, so treat any delivery date you read elsewhere as unverified until it appears in the contract.

The same applies to the total number of units, the built-up to landscape ratio and the licensing status of the building. None of these are published in the project’s official record, and none of them should be assumed. A commercial contract is the place where handover date, delay penalty and finishing standard become enforceable, so read those clauses rather than relying on a brochure line.

Frequently asked questions

Where exactly is RAQ Mall New Cairo located?

RAQ Mall New Cairo stands on North 90th Street inside the Golden Square of the Fifth Settlement, roughly 5 minutes from the American University in Cairo and about 14 minutes from the New Administrative Capital through the Mohamed Bin Zayed Axis and the Middle Ring Road.

What is the smallest unit you can buy at RAQ Mall New Cairo?

The smallest units at RAQ Mall New Cairo are ground-floor retail shops from 18 m², while administrative offices and medical clinics start at 29 m². Adjacent units can be merged into one larger space for brands that require a wider shopfront or a bigger clinic layout.

Who is the developer of RAQ Mall New Cairo?

RAQ Mall New Cairo is developed by RMD Real Estate Development, known as Redminds Developments, the company behind Actio Mall New Cairo, over 15 Fifth Settlement projects, more than 25 in El Shorouk City and close to 60 across 6th of October City and its northern extensions.

Can you buy a clinic at RAQ Mall New Cairo in instalments?

Yes. A 29 m² medical clinic at RAQ Mall New Cairo is priced at EGP 4,594,000, payable with a 10% contract down payment and the balance in instalments up to 9 years. Medical floor operations are set to be managed by Healthy Care.

Which floor gives the best return at RAQ Mall New Cairo?

Ground-floor retail at RAQ Mall New Cairo carries the highest average rate near EGP 239,500 per m² because it holds the pedestrian line, while upper floors average about EGP 139,500 per m² for retail and EGP 158,500 for offices and clinics. Return depends on the tenant activity.

The bottom line

RAQ Mall New Cairo combines a North 90th Street position inside the Golden Square, a compact 8,250 m² building that keeps unit supply scarce, and an entry structure of 10% down with instalments to 9 years. For a buyer targeting a small retail, medical or administrative unit in the most active commercial corridor of the Fifth Settlement, that combination is worth a serious look.

To check current availability or arrange a viewing of a specific unit, get in touch through the form on this page.

RAQ Mall New Cairo

About the Project