Five Key Strategies Driving Cornerstone Development’s Success Over the Past Five Years,Ashraf Boulos, Chairman and CEO

“We focus on prime locations and innovative offerings, including our market-first 80% Flexi-Finished unit concept.”

Over the past five years, Cornerstone Development has solidified its presence in Egypt’s real estate market, earning customer trust through high-quality projects featuring cutting-edge designs and a strong commitment to excellence.

The company’s investment and expansion strategy in Egypt is built on five key pillars: selecting prime locations, introducing the innovative 80% Flexi-Finished concept, ensuring top-tier quality, maintaining strict adherence to commitments, and integrating global standards and sustainability into its projects.

Ashraf Boulos, Chairman and CEO of Cornerstone Development, affirmed the company’s commitment to expansion and delivering projects that add value to Egypt’s real estate market.

He emphasised that the company takes a strategic, well-calculated approach to growth, ensuring that all developments align with its core philosophy of excellence. The goal is to exceed customer expectations and deliver the highest satisfaction levels.

Boulos highlighted that Cornerstone Development’s vision is centred on creating contemporary designs that adhere to the latest global standards.

This approach enables clients to enjoy a sophisticated lifestyle with all modern conveniences while living in a healthy environment. The company also integrates sustainability principles into its projects, balancing environmental responsibility with high investment returns for stakeholders.

New Administrative Capital

Cornerstone Development has been among the standout companies in the New Administrative Capital over the past five years, introducing an innovative and distinctive real estate product.

The company is now preparing for project handover, demonstrating its commitment to achieving the highest execution standards.

Cornerstone Development owns a residential project in the New Administrative Capital, The Curve, spanning 13 acres and comprising approximately 550 residential units  ranging from 1 bedroom apartments to 4 bedroom duplexes.

Among the first projects launched in District R8, The Curve enjoys a prime location adjacent to the Green River, near the Mohamed Bin Zayed Axis, the airport, the Presidential Palace, and government ministries.

The development consists of four blocks with 15 buildings, covering 100000 square meters of built-up area, offering a mix of studios, apartments, and duplexes with expansive open spaces.

According to Eng. Ashraf Boulos, Chairman and CEO of Cornerstone Development, the company›s success in the New Administrative Capital has driven its expansion, leading to the launch of The Terraces, a new fully sustainable commercial and administrative mall.

The project includes office spaces, medical clinics, and retail outlets. The mall comprises a ground floor and three upper floors, featuring expansive terraces overlooking green landscapes to maximize natural light and fresh air.

Each floor is equipped with over 250 square meters of shared amenities, including Studio Spaces, Co-Working Spaces, Virtual Meeting Pods, Communal Meeting Rooms, a Fitness Lounge, Narrative Art spaces, a Social Roof, Break-Out Areas, and Chit-Chat Corners.

Cornerstone Development brings extensive expertise to the Egyptian market.

Its founders and board members possess international and local experience across key sectors, including real estate investment, construction, building materials, concrete, and interior design.

Mostakbal City Expansion

Cornerstone Development has expanded its footprint in East Cairo, establishing a presence in both the New Administrative Capital and Mostakbal City, New Cairo.

The company carefully selected one of the city’s most strategic locations for its latest project.

Cornerstone is set to develop RED, an exclusive community in Mostakbal City - New Cairo, across three phases.

The project features a variety of unit types, including duplexes and townhouses, with structures comprising a ground floor and three upper levels.

The development will house 650 Units, designed to ensure privacy and independence for residents.

To create an innovative architectural concept, Cornerstone has engaged one of the leading U.S.-based consultancy firms to design the master plan.

The company aims to deliver a fully integrated urban development, incorporating state-of-the-art construction standards and adopting the highest sustainability and green building techniques.

Cornerstone Development has prioritised sustainable urban planning in its Mostakbal City project, allocating only 17% of the total land area for construction, despite the regulatory allowance of 22%.

The remaining space is dedicated to green areas, roads, services, and landscaping, ensuring a harmonious living environment.

The project›s design is inspired by the red rooted floater, which thrives on sunlight and water.

RED will feature water villas and floating gardens incorporating exclusive designs and smart technology. The development is designed to offer integrated services, delivering luxury, comfort, and privacy to its residents.

Expansion is carefully planned to ensure projects surpass customer expectations
The Curve is strategically positioned next to the Green River near Mohamed Bin Zayed Axis

The Curve was among the first developments launched in District R8 of the New Administrative Capital
Some of the top consultants were engaged to masterplan the project

RED in Mostakbal City, New Cairo, has seen strong demand since its announcement

Strong performance in the capital led to the launch of The Terraces, a mixed-use project