Egypt’s national developer City Edge Developments (CED) has launched its newest project in the New Administrative Capital (NAC), called “Al Maqsad Residences,” offering a preferential ten-year payment plan for health personnel, Invest-Gate reports.

This support scheme is “only a simple gesture of appreciation for those who put our health and well-being first,” especially during such challenging times, Ashraf Salman, the company’s chairman, highlighted in a press release on May 31.

Al Maqsad Residences, which extends over 214 acres in east Cairo, comprises a number of fully-furnished residential units, with areas ranging from 111 to 187 square meters. It features both classic and contemporary architectural styles, providing different options and modules to meet various customer preferences.

Situated in close proximity to NAC’s main axes and the New Administrative Capital Airport, the development includes a mixed-use strip, “which avails a wide array of services including commercial stores, administrative offices, and residential apartments, offering residents a fully-integrated and serviced community,” read the statement.

Commenting on the launching, CEO of CED Mohamed El-Mikawi underlined, “This project is also significant since it is the first residential building project offered and marketed by the company in the new capital as part of our protocol with New Urban Communities Authority (NUCA), and hopefully it will be the continuation of a long chain of successful collaboration.”