Ray Residence New Capital City

Ray Residence New Capital City: six years to pay, and hotel-style service

Two things set Ray Residence New Capital City apart from its neighbours: a short instalment term, 6 years for flats, and services that read more like a hotel than an ordinary compound. The project belongs to Radix Development; it sits in R8 over 27 feddans, and its flats are due in August 2030.

Ray Residence New Capital City prices

The developer's October 2026 offers:

• A furnished 50 m² studio: about 3.78 million, handed over a year after the flats.
• A two-bedroom with mixed finishing: about 5.6 million. Sizes listed run 72 to 114 m²; if that price is for 72 m², the metre is near 77,800.
• A semi-finished three-bedroom: about 7.41 million. Sizes run 116 to 235 m², the price for 116, about 63,900 a metre.
• A semi-finished four-bedroom duplex of 365 to 465 m², with no price in the data.

The three-bedroom beats the two-bedroom on the metre by about 14,000 pounds. If the 1.8 million or so difference in total is within reach, the three-bedroom gives you 44 more metres at a lower metre. Note that each type has its own finishing: the studio furnished, the two-bedroom mixed, the three-bedroom and duplex semi-finished, so ask exactly what you will receive.

Ray Residence payment plans: heavy instalments, short term

Every unit takes 10% down. Flats are spread over 6 years: 560,000 to sign the two-bedroom, then roughly 70,000 monthly; 741,300 for the three-bedroom, then roughly 92,700. The studio is spread over 7 years: 377,900 to sign, then around 40,500 monthly.

When do the instalments end?

Book today and the flat instalments end about two years after handover; by the keys you will have paid near 68%, roughly two thirds. So the unit you live in or let will carry only about a third. The studio you take with near 73% paid. But it also means a far higher monthly income than at the neighbours, so work it out precisely before booking.

Ray, Suli Golf or Residence Eight?

• Suli Golf Residence (400 m, July 2030): 5.77 million or so for two bedrooms on 119 m², 7 million or so for three on 155 m², semi-finished.
• Residence Eight Sky Abu Dhabi (600 m, December 2028): its 115 m² two-bedroom costs about 5.61 million and its cheapest three-bedroom, 155 m², about 7.81 million; deposit 5%, term 8 years.
• Upmount (1.3 km): two bedrooms on 115 m² for close to 3.89 million, three bedrooms from 175 m² for close to 5.29 million, over 12 years.
• La Verde (1.9 km): three-bedrooms from 155 m² near 9.77 million, semi-finished, with a fifth down.
• De Joya 2 (1.1 km, October 2027): its cheapest two-bedroom is 111 m² for close to 5.01 million and its cheapest three-bedroom 139 m² for close to 5.94 million, at 5% and ten years, so the three-bedroom runs about 47,100 a month.

The two-bedroom gap is wide: Residence Eight's two-bedroom costs about the same as Ray's on 115 m², so even if Ray's price is for its largest size, the neighbour offers about the same area and hands over a year and eight months earlier. Suli Golf's two-bedroom is only about 170,000 dearer on 119 m². Among three-bedrooms, Suli Golf's adds 39 m² yet costs about 410,000 less, Residence Eight's the same 39 m² larger for about 400,000 more, and De Joya 2's about 1.47 million cheaper and 23 m² larger, due almost three years sooner. Ray is clearly dearer per metre than its neighbours, and smaller at its entry sizes.

And by the month?

With the short term, Ray's instalment is the highest: the three-bedroom near 92,700, against near 77,300 at Residence Eight over 8 years, near 65,100 at La Verde over 10, near 43,750 at Suli Golf after a quarter down, and near 33,000 at Upmount over 12. Ray suits someone with a high monthly income who wants to finish early, not someone after the lowest instalment. The short term has an upside: at Residence Eight, due sooner, you will have paid only about 31% by handover, the rest after; at Ray about 68% before you receive anything. If a short term does not worry you, The Curve, 1.1 km away, runs 5 years with a fifth down; its three-bedrooms start at 200 m² near 9.9 million, due October 2027, at near 132,000 a month.

The duplex and larger sizes

Three-bedrooms here reach 235 m² and duplexes run 365 to 465 m², but only one three-bedroom price is listed and none for the duplex. If you want a large unit, ask for the price and set it against the neighbours: Suli Golf's four-bedroom duplexes from 299 m² near 12.47 million, La Verde's 330 m² duplex near 19.9 million, and La Verde's regular 245 m² four-bedroom near 12.74 million, whose stated date is April 2027. Those figures will tell you whether Ray's duplex price is reasonable.

The furnished studio against Canyon8 and La Verde

Ray's 50 m² furnished studio costs about 3.78 million, near 75,600 a metre. At Canyon8, 1.6 km off, a 45 m² studio goes for close to 3.02 million, around 67,100 a metre, due ten months before Ray's, finishing not stated. La Verde's studios start at 65 m² near 5.53 million, fully finished, with a fifth down. So Ray's studio sits mid-range on the metre, but it is the only furnished one, which for furnished letting saves you the furniture. Its instalment, near 40,500, is under half the two-bedroom's, so for furnished letting with the lightest monthly commitment, the studio is the easiest way in here.

Hotel-style services

Per the developer: daily cleaning of buildings and corridors, a maintenance team for units and facilities, housekeeping on request, catering for events, a meeting hall and round-the-clock camera security. These services cost money, so ask about the yearly service charge, what it covers and what is billed on top, since that decides whether the metre gap over the neighbours is justified. Get it written into the contract, not just the brochure, as daily services like these change easily after handover if they are not written down.

Ray Residence master plan

The project has two residential zones ringed by greenery and water, joined by a boulevard of shops and cafés. There are event plazas, covered pools and barbecue areas, and the developer says about 80% of units overlook greenery or water.

Location inside R8

Named nearby: the Opera House 3 minutes away; Misr Mosque, the Cathedral, the government district and the embassies district 5; Al Masa Hotel and the Medical City 10; and the Capital's airport a quarter of an hour. Being close to the government district may help with letting to people who work there.

Radix

Radix also has Radix Agile in the Capital's Downtown.

Want a price for a larger two or three-bedroom, or for the duplex? Message Masharf's WhatsApp and we will ask the developer and come back with the price and instalment.