Cornerstone signed for the land with MIDAR, the master developer of Mostakbal City, in January 2024. The name comes from the red-rooted floater, a small water plant, and the plan follows the idea: paths run along channels and pools, and gardens sit at the edge of the water.
Buildings cover 17% of the site for homes and 8% for commercial use, while about 75% is left as landscape. Cornerstone says the permitted coverage is around 22%, so it is building less than it could. The company puts the total at roughly 750 units.
Location
RED faces the central spine of Mostakbal City and sits next to Haptown, Il Bosco City and Bloomfields. Access is from the Regional Ring Road, the Middle Ring Road and the Cairo–Suez Road. The developer's brochure gives these drive times:
- 5 minutes to Road 90
- 7 minutes to the New Capital business district
- 14 minutes to the American University in Cairo
- 15 minutes to Cairo International Airport
- 20 minutes to Heliopolis
- 45 minutes to Ain Sokhna
Unit Types
Each house model has its own name and size in the official brochure:
- The Grand Floater, standalone villa: 424 m²
- The Waterside, villa: 370 m²
- The Sunlit: 314 m²
- The U: 263 m²
- The Twin, twin house: 255 m²
- The Grand Court: 253 m²
- The Court: 201 m²
- The Court Plus: 170 m²
- Apartments in low-rise buildings: 69 to 295 m², with duplexes up to 294 m²
In August 2025 Cornerstone added a release of penthouses, offered as single-floor flats or two-floor duplexes.
Prices & Payment
Cornerstone has not published a price list, and the starting prices shown on listing sites do not agree with each other, so Trio Homes quotes the current developer price on request. Price and payment plan are available on request and depend on the developer's current, dated official offer.
Homes are delivered under what the developer calls Flexi-Finishing: floor and wall tiles in bathrooms and kitchens, plumbing and electrical piping, windows, plastered walls and internal door frames are done, and the owner chooses the final floors, paint and fittings.
Amenities
- Daylit gym, hospitality pools and a cold plunge pool
- Private cinema lounge, a talk space and an outdoor gallery garden
- The Social House, public lounges and a coffee shop
- Coworking spaces
- Community app for amenities, public Wi-Fi and a controlled main entrance
- Water channels and planted walkways through the compound
Developer
Cornerstone Development was set up in 2019 and is led by Eng. Ashraf Boulos, Chairman and CEO. Its first project is The Curve in the R8 district of the New Administrative Capital, about 550 units on 13 feddans, with The Terraces commercial building next to it. RED is its first project in Mostakbal City. The company reported EGP 5 billion in sales for 2025.
RED Mostakbal City FAQ
Who is the developer of RED Mostakbal City?
Cornerstone Development, under a development partnership with MIDAR, the master developer of Mostakbal City.
Where exactly is RED?
In the third phase of Mostakbal City, on the city's central spine, next to Haptown, Il Bosco City and Bloomfields.
How big is the project?
About 60 feddans and roughly 750 units, with 17% of the land built for homes and around 75% left as landscape.
What unit types are available?
Standalone villas, twin houses and townhouses from 170 to 424 m², apartments from 69 to 295 m², duplexes and penthouses.
Are the units finished?
They are handed over 80% finished, with bathrooms, kitchens, piping and windows done and the final finishes left to the owner.
What is the price in RED Mostakbal City?
The developer has not published a price list. Contact Trio Homes for the current price and payment plan of a specific unit.
Highlights:
- 60 feddans in Mostakbal City Phase 3
- Villas, twin houses and townhouses built around water features
- Apartments, duplexes and penthouses in low-rise buildings
- 17% residential footprint, about 75% landscape
- Units delivered 80% finished
