Boardwalk New Capital is a residential compound developed by Atric Developments in the Seventh Residential District (R7) of the New Administrative Capital. The project brings together apartments, townhouses, and twin houses within a single setting that includes green spaces, artificial lakes, and a dedicated retail and medical zone.
Overview of Boardwalk New Capital
Atric Developments has been active in the Egyptian real estate market since 1998, with earlier projects including Boho Ain Sokhna and Divena Gardens El Shorouk. Boardwalk New Capital marks the company’s entry into the New Administrative Capital, with unit prices starting from EGP 6,900,000 and payment plans that extend up to 10 years.
The compound offers a mix of unit types and sizes intended to suit different household needs, alongside a range of services covering retail, healthcare, and leisure. The sections below go through the compound’s location, design, unit spaces, pricing, and payment terms in more detail.
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Location of Boardwalk New Capital
Atric Developments chose the Seventh Residential District (R7) of the New Administrative Capital as the site for Boardwalk New Capital. R7 covers around 1,500 feddans and is known for its open layout and green areas, having already been developed by a number of established real estate companies into a residential district with integrated services.
This placement means Boardwalk New Capital sits within a district that already includes several completed and ongoing residential projects, rather than standing as an isolated development.
Nearby Landmarks to Boardwalk New Capital
The compound’s location in R7 puts it within reach of several key points in the New Administrative Capital, including:
- The Green River
- The Exhibition City and the Medical City
- The Government District and the Diplomatic (Embassy) District
- The Mohamed bin Zayed Axis
- The Cairo-Ain Sokhna Road and the Ring Road
- The Opera House
- Other residential compounds in the area, including Fenya and The City
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Design of Boardwalk New Capital
Atric Developments worked with Cube Engineering Consultant on the master plan for Boardwalk New Capital. The design is built around a commercial promenade measuring 550 meters in length and 80 meters in width, bordered by around 6 feddans of public gardens.
The residential buildings feature smart facades with lighting control and designated spaces for air-conditioning units, along with open areas and wide terraces designed to give units a view over the surrounding greenery and landscaping.
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Area of Boardwalk New Capital
Boardwalk New Capital extends over a total area of 45 feddans, split between residential buildings, which take up 60% of the land, and standalone villas, which take up the remaining 40%. Each floor within the residential buildings contains four apartments.
Unit Types and Spaces at Boardwalk New Capital
The compound offers the following unit types and size ranges:
- Two-bedroom units: from 111 sqm to 135 sqm
- Three-bedroom units: from 150 sqm to 231 sqm
- Four-bedroom units with a maid’s room: from 204 sqm to 225 sqm
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Services of Boardwalk New Capital
Boardwalk New Capital includes a set of core facilities meant to cover residents’ daily needs within the compound itself:
- Six commercial malls for retail and shopping
- Medical clinics and pharmacies along the compound’s promenade
- A solar power system feeding part of the compound’s facilities
- Garages positioned beneath the residential buildings and villas
- Two elevators in each residential building
- A security system that includes on-site guards and surveillance cameras
- A dedicated team for waste collection and maintenance
Alongside these basic services, the compound also includes a number of additional facilities:
- Restaurants and cafés along the promenade
- Public gardens spread across the compound
- Artificial lakes and fountains
- A dedicated cycling track
- A clubhouse for residents
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Prices of Boardwalk New Capital
Unit prices at Boardwalk New Capital vary according to type and size, as shown below. The developer updates pricing periodically, so buyers should confirm current figures directly before making a decision.
| Unit Type | Price Range (EGP) |
| Two-bedroom unit | 6,900,000 – 8,900,000 |
| Three-bedroom unit | 8,400,000 – 11,200,000 |
| Four-bedroom unit + maid’s room | 10,200,000 – 12,500,000 |
Payment Plan of Boardwalk New Capital
Atric Developments offers buyers a choice of payment schedules for units at Boardwalk New Capital:
- A 10% down payment with the balance installed over 10 years
- A 10% down payment with the balance installed over 9 years, at a 5% discount
- A 10% down payment with the balance installed over 8 years, at a 10% discount
Buyers who settle the full unit price in cash receive a 50% discount. According to the developer, the first phase of the compound is scheduled for delivery within 6 months, while the second phase is due within 2 years.
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Investment Opportunity at Boardwalk New Capital
The New Administrative Capital has drawn a wide range of residential, commercial, and administrative developments since its launch, with developers moving into districts such as R7 on the back of the area’s continued infrastructure rollout.
Boardwalk New Capital’s position near the Government District, the Embassy District, and the Mohamed bin Zayed Axis places it in a part of the Capital that is likely to see sustained development activity, which is generally a supportive factor for property values over time. As with any off-plan investment, buyers should weigh this alongside the developer’s delivery track record and confirm construction timelines directly.
About Atric Developments
Atric Developments has operated in the Egyptian real estate market since 1998, under the leadership of Eng. Ashraf Naguib. The company has built its portfolio primarily around residential projects, moving between coastal destinations and, with Boardwalk New Capital, the New Administrative Capital.
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Previous Projects by Atric Developments
Before launching Boardwalk New Capital, Atric Developments completed the following projects:
- Boho Ain Sokhna
- Divena Gardens El Shorouk
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