Sumou Boulevard Mostakbal City

Sumou Boulevard Mostakbal City is a mixed-use district by Paragon Adeer in Mostakbal City, New Cairo. It puts fully managed serviced apartments, company headquarters, three hotels, shops and restaurants on one walkable site of more than 500,000 m².

Overview

PARAGON | ADEER launched Sumou Boulevard in March 2026. The developer is a joint venture between Egypt's Paragon Developments and Adeer International, the investment arm of Saudi Arabia's Sumou Holding, and the press describes the project as Sumou Investment's first major investment in Egypt. Total investment is put at about EGP 70 billion, and the partners expect revenue of around EGP 100 billion. Work goes ahead in phases, and the company has not yet announced a delivery date.

Location

The project is in Mostakbal City, a new city within New Cairo whose master developer is MIDAR. PARAGON | ADEER signed its development agreement with MIDAR in July 2025. The developer has not published a map pin or drive times yet, so ask us for the exact site and access roads.

Unit Types

Homes here are fully managed serviced apartments with complete finishes. According to Adeer International's Global CEO, they range from studios to four-bedroom units, with lofts as a separate type. For businesses there are standalone headquarters buildings, duplex office villas and smaller workspace formats. Unit sizes and the number of units in each phase are not public yet.

Payment Plan

Prices and payment terms for Sumou Boulevard are released phase by phase and have not been published by the developer. Market listings quote different plans, and none of them is an official price list. We request the current offer from PARAGON | ADEER before any booking.

Amenities

The partners describe Sumou Boulevard as a walkable district with premium retail and fine dining. The plan also includes three hotels, a contemporary cultural museum, wellness spaces and an innovation centre for entrepreneurs. In April 2026 Orange Egypt signed an agreement with the developer and Plug and Play to build an AI Campus inside the project, with 5G and IoT networks and a programme that aims to support 100 AI startups by 2030.

Developer

Paragon Developments delivered Paragon 1 in the Financial District of the New Administrative Capital. Adeer International belongs to Saudi Arabia's Sumou Holding group. According to Adeer, it has sold more than 123 projects worth over SAR 41 billion and manages 12 real estate funds. The two set up PARAGON | ADEER in 2025, and Sumou Boulevard is the joint venture's first project.

Sumou Boulevard Mostakbal City FAQ

Where is Sumou Boulevard?

In Mostakbal City, which is part of New Cairo. MIDAR is the master developer of the wider city.

Who is developing Sumou Boulevard?

PARAGON | ADEER, a joint venture of Paragon Developments from Egypt and Adeer International, part of Saudi Arabia's Sumou Holding.

What can I buy at Sumou Boulevard?

Fully managed serviced apartments from studios to four bedrooms, lofts, duplex office villas and standalone headquarters.

Is there an official price for Sumou Boulevard?

No. The developer has not published prices or a payment plan, so we confirm the current offer with PARAGON | ADEER for each request.

How big is Sumou Boulevard?

The developer gives a size of more than 500,000 m², with total investment of about EGP 70 billion.

Highlights:

• More than 500,000 m² in Mostakbal City, New Cairo
• Fully managed serviced apartments, studios to four bedrooms, and lofts
• Standalone headquarters and duplex office villas
• Three hotels, retail, fine dining and a cultural museum
• AI Campus planned with Orange Egypt and Plug and Play
• About EGP 70 billion of planned investment