La Mirada Mostakbal City Prices

The heart of Phase One, facing Madinaty Gate 5, on the Mohamed Bin Zayed Axis

5,800,000 EGP Delivery 2025 Residential Phase 1
Price
5,800,000 EGP
Construction progress
Updated by the developer
Location
The heart of Phase One, facing Madinaty Gate 5, on the Mohamed Bin Zayed Axis
Delivery
2025
Delivery 2025
Down Payment 0%
Installments 10 Years
Unit Areas 91 – 374 m²
Bedrooms 1 – 4
Bathrooms 1 – 4
Land Area 28 feddan
Type Residential
Phase Phase 1

Last updated: 15 August 2026

Prices last updated: 15 August 2026

La Mirada (La Mirada El Mostakbal) by Grand Plaza is the first compound in Mostakbal City to cross the finish line.

Its first phase of 25 buildings and 608 units is delivered and physically occupied, with a commercial market and a clubhouse already trading, across 28 feddans in the heart of Phase One, facing Madinaty Gate 5, at a building footprint of 20% against 80% greenery and lakes.

Apartment prices start at EGP 5,800,000, with plans opening at a 0% down payment and stretching to 10 years, alongside finished units for immediate handover and a new second phase, Mirasol, now being released.

Delivered and occupied residential buildings with finished landscape at La Mirada compound

La Mirada Fact Sheet

Item Details
Project name La Mirada El Mostakbal
Developer Grand Plaza
Management Eng. Sherif Farouk Osman, Chairman
Location The heart of Phase One, facing Madinaty Gate 5, on the Mohamed Bin Zayed Axis
Phase Phase One
Total area 28 feddans, fully developed
Built-up ratio 20%
Green and open space 80% greenery, facilities and lakes
Phases Phase One: 25 buildings / 608 units, delivered. Mirasol: 9 feddans / 140 units
Building heights Ground + 5 floors
Architectural style Contemporary, with quiet façades and fully executed landscaping
Unit types Studios, apartments, garden apartments, duplexes, townhouses, garden villas, sky villas, penthouses, villas
Unit sizes From 91 m² to 374 m²
Prices start from EGP 5,800,000
Price per metre From EGP 50,785/m²
Payment plans Down payment from 0%, instalments up to 10 years
Maintenance deposit 7% of the unit value
Delivery Phase One delivered and occupied. New units and Mirasol within 3 years of contract
Finishing Semi-finished as standard, with a fully finished option on selected units

The Location of La Mirada in Mostakbal City

The project holds a position in the heart of Phase One that is hard to argue with.

Its gate faces Madinaty Gate 5 head-on, which puts Madinaty’s completed schools, malls and hospitals across the road, and that is the daily reality first-phase residents have lived with since handover.

The compound connects to the Mohamed Bin Zayed Axis, the corridor tying the New Administrative Capital to New Cairo.

The Fifth Settlement, 90th Street and AUC New Cairo are a 10-minute drive from the gate, and the New Administrative Capital is 15 minutes by car. Its neighbours inside the city are Bloomfields and Zizinia El Mostakbal.

What makes the address unusual is the pairing: the oldest point of maturity in a new city, next to its most established neighbour. A buyer here moves into two functioning systems rather than waiting for either to fill in.

To place the project on a wider view before comparing, start from the Mostakbal City map.

Map showing the position of La Mirada within Phase One of Mostakbal City

Landmarks and Places Near La Mirada

Landmark Driving time
Madinaty, Gate 5 Directly opposite the project gate
Mohamed Bin Zayed Axis Connected to the project
Fifth Settlement and 90th Street 10 minutes
AUC New Cairo 10 minutes
Middle Ring Road 10 minutes
New Administrative Capital 15 minutes
Cairo International Airport 20 minutes

Unit Types, Sizes and Prices at La Mirada

The project covers nine unit categories, from a studio to a standalone villa.

The figures below are 2026 instalment prices, and every rate per metre is calculated from a published price divided by the size it belongs to.

Unit type Size Price starts from Price per metre
Two-bedroom apartment 107 – 130 m² EGP 5,921,764 EGP 53,834
Three-bedroom apartment 144 – 251 m² EGP 7,386,840 EGP 51,297
Ground-floor garden apartment 107 – 215 m² plus a garden of up to 94 m² EGP 7,566,941 EGP 70,719
Villa 224 – 300 m² EGP 12,656,000 EGP 56,500
Townhouse and town corner 257 – 374 m² EGP 13,051,805 EGP 50,785
Sky villa 228 m² plus a 35 m² terrace EGP 15,125,520 EGP 66,340
Penthouse 226 m² EGP 15,718,000 EGP 69,549

To confirm current prices and unit availability, call the La Mirada sales number: +201117880843, or reach the team on WhatsApp

Residential building façades and finished elevations at La Mirada compound

Read across the table and the pricing logic surfaces. Repeated upper floors carry the lowest rate, at EGP 51,297 per metre for a three-bedroom apartment and EGP 50,785 for a townhouse, while anything with private outdoor space sits on another curve: EGP 70,719 for a garden apartment and EGP 69,549 for a penthouse.

That gap is not decorative. In a compound whose planting is already grown in, a private garden is an asset in itself, which is why the top of the ground-floor range, a town corner with a garden reaching 158 m² at EGP 25,560,000, is priced clear of a standard floor of similar indoor size.

The sizes map onto household stages. A studio at 91 m² and a two-bedroom from 107 m² suit a first home; the three-bedroom band reaching 251 m² covers a full-floor family; and villas, townhouses and town corners from 224 to 374 m² serve buyers who want a private entrance.

The two land-unit rows repay a closer look. A villa of 224 – 300 m² starts at EGP 12,656,000, or EGP 56,500 per metre, while a townhouse or town corner of 257 – 374 m² starts at EGP 13,051,805 at EGP 50,785: a larger footprint at a lower rate. The premium on the villa buys detachment rather than floor area, which is the real trade at this level.

Units Available Now at La Mirada

Among the units currently listed is a standalone villa of 300 m² from EGP 18,400,000 on a semi-finished basis, which sits at the top of the project’s size range.

Payment Plans and Delivery at La Mirada

Grand Plaza offers the widest spread of payment structures in the city’s first phase, from a reservation with no down payment at all to a plan built around finished units that hand over immediately.

Payment plan Down payment Instalment period Notes
Zero down payment 0% 6 years Interest-free, equal instalments
Monthly plan 10% 7 years Equal instalments, interest-free
Extended plan 20% 8 years Equal instalments
Longest plan 20% plus 5% a year for three years 10 years The longest published term
Ready units 30% 5 years Immediate handover in Phase One

Side by side, the plans trade cash today for time. The zero-down structure asks nothing at contract and runs six interest-free years, the shortest term on the list.

Moving to 10% buys a seventh year, still interest-free, and 20% buys an eighth. Only adding 5% a year for three years reaches the full 10 years, so the longest horizon is bought in stages rather than with one larger cheque.

The ready-unit plan sits apart. Its 30% down payment is the highest and its 5 years the shortest, but it is the only route that exchanges a schedule for keys in hand rather than a delivery date, which is the decisive sum for anyone currently paying rent.

The same plans also read differently depending on the stock they are applied to.

On a Phase One unit the schedule runs against a home that already stands, so the instalments are paid while living in it, whereas on a Mirasol unit the identical schedule runs alongside a 3-year build, which is the more familiar arrangement in this market.

Comparison of the five payment plans available at La Mirada compound

The maintenance deposit is 7% of the unit value and can itself be paid in instalments under some plans. For cash offers and the finished units currently released, the dedicated line is +201117880843.

Delivery Dates and Finishing

Phase One is fully delivered and occupied, and the units left within it are available for immediate handover.

Mirasol and the newly released units are delivered within 3 years of contract, placing them on a build cycle inside a compound whose services already run.

The standard specification is semi-finished, with a fully finished option on selected units.

Which units carry that option is settled by the quotation issued at contract, so it is worth raising early if you want to move in without a fit-out period.

The Design and Master Plan of La Mirada

The master plan was built on low density before low density became a marketing line here.

Twenty-five buildings rising no higher than ground plus five floors take 20% of the land, and the rest goes to gardens, artificial lakes with dancing fountains and pedestrian walkways, with an underground garage beneath each building.

Parking below rather than beside is what lets the landscape read as continuous instead of as strips left over between parked cars, and it is a choice a buyer can verify on site here, because the garages are built and in use rather than shown in a section drawing.

The name is Spanish for the view, and the plan takes that literally.

Units face the green and water surfaces rather than the roads, and the buildings wrap around the central landscape instead of lining traffic spines, so a typical window looks onto planting and water.

Twenty-five buildings across 28 feddans also fix the compound’s scale.

At ground plus five floors no block dominates the skyline, and the 608 units of Phase One are spread widely enough that what a resident crosses on the way home is the central landscape rather than a corridor of façades.

The deeper difference from neighbouring master plans is that judging this one needs no imagination: the finished picture can be inspected in person.

The completion figure published when Mirasol launched stood at eighty per cent of the whole project, and the balance was carried through to actual occupancy.

The Mirasol Phase at La Mirada

Mirasol is the second phase, laid out on 9 feddans and built exclusively from ground units: 80 townhouses and town corners from 257 m² and 60 duplexes from 198 to 248 m², with a clubhouse and nursery of its own.

That is the point of the phase. Its 140 units are added to a first phase of 608 delivered units, so the market, the clubhouse and the landscape are operating from the day the contract is signed rather than from a future milestone.

Townhouses under construction in the Mirasol phase of La Mirada compound

Amenities and Services at La Mirada

Facilities That Operate Rather Than Facilities That Are Drawn

The commercial market, the clubhouse and the recreational areas in Phase One are built and trading for the residents who live there.

The distinction between a facility that operates and one that is drawn is the core of the purchase here, because management and maintenance standards can be examined before signing.

The clearest evidence that the operation is serious is that the city’s own housing development authority bought units inside the project, a form of institutional verification available only to projects that have passed the test of real execution.

The Internal Shopping Mall

Around 9 feddans are given to an internal shopping mall, extending the developer’s operating experience at La Mirada Plaza Mall in the Fifth Settlement.

The retail component here is a second edition of a model the company already runs itself, which raises the odds that it opens on schedule and keeps trading, and it puts everyday shopping inside the gates.

Lakes and Dancing Fountains

Artificial lakes with dancing fountains sit at the centre of the landscape and form the main evening scene, ringed by pedestrian walkways and family seating areas.

Because the planting is mature rather than newly laid, that evening scene is available now instead of after a growing-in period.

The Mirasol nursery and the clubhouses serving both phases complete the daily service loop for families.

Core Services at La Mirada

Category Available services
Security 24-hour security, surveillance cameras, electronic gates
Sport and recreation An operating clubhouse, cycling tracks, children’s play areas
Retail An existing commercial market and an internal mall on 9 feddans
Education A nursery in the Mirasol phase, and Madinaty schools through the gate opposite
Green space 80% of the land as gardens and lakes with dancing fountains, plus underground garages

Who La Mirada Suits

La Mirada as a Home

The project suits anyone who wants to live now rather than in a few years.

It is the practical first option for a buyer selling an older home and moving straight across, because the units are ready and the community exists, so there is no interim rental period to fund.

It also suits households already tied to Madinaty for schooling or work.

With Gate 5 across the road, the move changes the address without changing the pattern of the week, from a home inside a lower-density compound.

For a buyer set on a brand-new ground unit, Mirasol offers a townhouse or duplex inside a compound whose services are complete, rather than a wait for the facilities of a newborn project.

Smaller households are served too: a studio from 91 m² gives singles and newly married couples an entry point inside a settled family community.

Then there is the buyer who simply will not purchase on plan.

In a young city that choice narrows quickly, and a compound whose landscape, market and clubhouse can be walked through before a cheque is signed answers a requirement no brochure can meet.

La Mirada as an Investment

The first factor is immediate return. A finished unit inside an occupied community can enter the rental market on the day it is handed over, and rental demand here already exists in practice, drawn from people working in Madinaty and the Fifth Settlement.

The second is the entry rate. At EGP 50,785 per metre, this is the lowest starting rate among the city’s published projects despite the project being complete, so the buyer pays less for less execution risk. The third is the 0% plan, which reserves a unit in a delivered compound without any initial payment.

A fourth is the developer’s record: the company has stated that it settled its financial obligations on the project in full, a solvency signal that carries more weight than a marketing undertaking.

A fifth sits in relative pricing. The rate per metre here is below that of projects still under construction in the same city, even though maturity runs in La Mirada’s favour, and gaps of that kind typically narrow as neighbouring projects complete.

About Grand Plaza

Grand Plaza was established as a joint-stock company in 2019 under Eng. Sherif Farouk Osman, backed by a management team with more than twenty years in development, and its investment in its Mostakbal City project is estimated at EGP 4 to 5 billion.

The company works on a deliver-before-you-expand model: it completed its first project in the Fifth Settlement and handed it over occupied before moving east, and it manages its own commercial mall on South 90th Street, which makes its experience operational as much as constructional. Its profile sits on the Grand Plaza developer page.

Grand Plaza Track Record

Project Location Type
La Mirada New Cairo Fifth Settlement Residential, delivered and occupied
La Mirada El Mostakbal Mostakbal City Integrated residential
La Mirada Plaza Mall South 90th Street Commercial and administrative
Mirasol Mostakbal City Townhouses and duplexes
Grand Plaza Hotel Alexandria Hospitality

Other Grand Plaza Projects

La Mirada is the company’s only project inside the city, so the rest of the portfolio is the clearest way to read how the business works.

La Mirada New Cairo in the Fifth Settlement is the asset that built the company’s reputation.

It was handed over in full and has been lived in for years, which makes it the reference point for anyone who wants to inspect construction and maintenance standards on a project that has run a complete life cycle.

La Mirada Plaza Mall on South 90th Street is the commercial arm and the company’s sales headquarters, and managing it continuously is the experience the internal mall here leans on.

Grand Plaza Hotel in Alexandria extends the portfolio towards hospitality, and together they describe an operating company rather than an off-plan seller.

Nearby and Comparable Compounds in Mostakbal City

These are the closest alternatives to weigh against La Mirada, drawn from the same Madinaty catchment and the same price band, alongside its neighbour Zizinia El Mostakbal by Ardak within the same stretch of Phase One.

Cocoon shares the same setting facing Madinaty Gate 5, but deals only in ground units, with townhouses, twin houses and villas between 205 and 312 m² across 20 feddans, making it a rival to the Mirasol phase rather than to the parent project.

Roselle City also faces Madinaty, on 61 feddans, with instalments to 12 years and full super lux finishing, though it sells a future under construction while La Mirada sells a present that stands.

Within the same phase, Bloomfields is the largest neighbour, on 415 feddans with its education system, an international university branch and apartments from 70 m².

It suits a buyer who prefers a long-horizon project on a 0% down payment over immediate maturity. The two answer opposite questions: one asks how large the ecosystem will eventually become, the other how much of it exists today.

Comparing La Mirada with Neighbouring Projects

Project Phase Total area Unit types Smallest unit Lowest down payment Delivery
La Mirada Phase One 28 feddans Studios through to villas and townhouses 91 m² 0% Delivered and occupied
Cocoon Phase One 20 feddans Townhouses, twin houses, standalone villas 205 m² 5% To be announced
Roselle City Phase One 61 feddans Apartments and duplexes To be announced 10% 4 years
Bloomfields Phase One 415 feddans Apartments, duplexes, townhouses, twin houses, villas 70 m² 0% 2027

La Mirada in Summary

Five points capture the project: the first compound in the city delivered, occupied and running its facilities; a position opposite Madinaty Gate 5 that supplies the services of a complete city from day one; a rate per metre starting at EGP 50,785, the lowest among published projects; plans from 0% down to 10 years; and the Mirasol phase bringing ground units into a system that already works.

To find out which finished units are available for immediate handover and which Mirasol units are still released, contact the sales team on +201117880843 or through WhatsApp

Available daily from 10 AM to 10 PM

Frequently Asked Questions About La Mirada

Where is La Mirada located and which phase is it in?

La Mirada sits in the heart of Phase One of Mostakbal City, facing Madinaty Gate 5 and connected to the Mohamed Bin Zayed Axis, with Bloomfields and Zizinia El Mostakbal as its neighbours.

What do prices at La Mirada start from?

Apartment prices start at EGP 5,800,000, with two-bedroom apartments from EGP 5,921,764, at a rate per metre starting at EGP 50,785, the lowest among the city’s published projects.

What is the lowest down payment at La Mirada?

There is a reservation plan with a 0% down payment over 6 interest-free years, plus plans at 10% for seven years and 20% for eight or ten years, and a 30% plan for ready units over 5 years.

Has La Mirada actually been delivered?

Yes. Phase One, with its 25 buildings and 608 units, is delivered and occupied by residents, with facilities in operation, and finished units are available for immediate handover.

What is the Mirasol phase at La Mirada?

Mirasol is the second phase, on 9 feddans and built from ground units only: 80 townhouses and town corners from 257 m² and 60 duplexes from 198 to 248 m², with a dedicated clubhouse and nursery.

How much is the maintenance deposit at La Mirada?

The maintenance deposit is 7% of the unit value and can be paid in instalments under some plans, while the standard specification is semi-finished with a fully finished option on selected units.

What is the La Mirada sales number?

The La Mirada sales number is +201117880843, and it is the line for confirming which units are ready for handover, current prices and the payment plans in force.

What is the Grand Plaza sales number?

For enquiries about the Grand Plaza project inside Mostakbal City and to book a site visit in person, the dedicated sales number is +201117880843.

Available units in La Mirada Mostakbal City Prices

The heart of Phase One, facing Madinaty Gate 5, on the Mohamed Bin Zayed Axis

Project location on the map Google Maps loads only after you choose to view it.
Ask about the price outlook

Torn between two compounds?

Call us or send a WhatsApp message and we will reply the same day with a clear comparison — free consultation, no pressure.

Call