Majid Al Futtaim signs $3.1billion New Cairo development deal

Majid Al Futtaim and MIDAR for Investment and Urban Development team up for a landmark USD 3.1 billion mixed-use development within Mada City, New Cairo.

We are excited to be part of this ambitious mega project as the Concept Masterplan Designers, contributing to the early vision of a destination that is set to play a defining role in the future of New Cairo.

For AE7, this project represents the kind of bold, future-focused urban thinking we are passionate about — creating places that bring people, communities, experiences, and opportunities together in one vibrant urban environment.

Spanning approximately 553 feddans (2.32 million sqm), the development will bring together residential communities, hospitality, retail, entertainment, commercial spaces, and a dedicated business and services district — forming a vibrant, integrated urban destination designed around quality of life, connectivity, sustainability, and a strong sense of place.