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La Mirada Developments is the real estate brand under which Grand Plaza Developments markets its residential and commercial projects in New Cairo and Mostakbal City — the eastern Cairo corridor.
This page is the consolidated reference for buyers searching the La Mirada name as a brand: the parent company, the areas it operates in, and the projects currently available under the label.
For the Arabic version of this page, see شركة لاميرادا للتطوير العقاري.
La Mirada is not a standalone legal entity. It is a brand name used by Grand Plaza for Real Estate and Touristic Development to label its successive projects. This distinction matters for buyers: the contract itself is signed with Grand Plaza, and contractual responsibility sits with the parent company.
The group is headquartered in the First Settlement of New Cairo and presents itself as a developer with more than 25 years of experience in the Egyptian real estate market, active in both the residential and commercial sectors.
The La Mirada portfolio comprises three announced projects so far — two residential and one mixed commercial / administrative / medical.
The first is La Mirada New Cairo in the Fifth Settlement, on a total plot of 91,658 sqm, of which roughly 70,000 sqm is dedicated to landscaping and water features. The compound houses apartments, duplexes, penthouses and medical clinic units, with deliveries that began in 2019.
The second is the newer La Mirada Mostakbal City, on 77 feddans. Buildings cover only about 40% of the total area, with 25 residential blocks containing a total of 608 units sized from 91 sqm studios up to 374 sqm townhouses, plus standalone villas. Handover begins from 2025.
The third is La Mirada Plaza Mall in New Cairo, a 2021 commercial / administrative / medical project with payment plans extending up to eight years.
La Mirada projects sit in only two locations across eastern Greater Cairo:
New Cairo — the Fifth Settlement near the new American University in Cairo campus, home to the original La Mirada compound and the La Mirada Plaza Mall. Mostakbal City — the brand's newest chapter, minutes from the New Administrative Capital.
The brand currently does not operate in the North Coast, 6th of October, Sheikh Zayed or Ain Sokhna, unlike some of Egypt's largest developers. Geographic concentration in eastern Cairo is the defining feature of the La Mirada portfolio.
La Mirada New Cairo: the brand's first and most mature project. Located in the Fifth Settlement on a 91,658 sqm plot, with roughly 76% of the land allocated to greenery, lakes and landscape. Unit mix includes apartments, duplexes, penthouses and a clinic section.
Amenities cover a health club, jogging track, internal mall, 24/7 security with CCTV, and an extensive landscape system. Recent resale listings start from around 4,900,000 EGP, with an active resale market because the compound is fully delivered.
La Mirada Mostakbal City: the most recent project, sitting on 77 feddans with 608 units across 25 buildings. The lineup includes studios, luxury apartments, townhouses, duplexes, penthouses and standalone villas. Price per sqm ranges roughly from 50,000 EGP to 70,000 EGP depending on location within the compound.
Announced payment plans include zero down payment with installments over 11 years, a six-year interest-free option, and 10% or 20% down payment alternatives with flexible terms. Apartment prices start from around 5,300,000 EGP, and standalone villas open from approximately 18,400,000 EGP. Handover begins from 2025.
La Mirada Plaza Mall: the commercial face of the brand in the heart of the Fifth Settlement. It offers retail, administrative and medical clinic units with a payment plan reaching up to eight years. More relevant for medical and retail investors than for residential buyers.
The first advantage is that La Mirada is not a brand-new label launched yesterday. La Mirada New Cairo has been standing and delivered for several years.
That gives buyers in the newer projects (Mostakbal City, Plaza Mall) a tangible third-party reference they can physically visit to judge actual finishing and handover quality before signing.
The second is location discipline. The company has not scattered itself geographically; it has stayed on the New Cairo to Mostakbal City corridor, where residential demand from professionals working in the New Administrative Capital, the American University and multinational employers remains structurally strong.
The caveat to weigh: the brand's portfolio is small — three projects — compared with major developers running dozens of compounds. That means after-sales service quality, maintenance response time and customer-care team size are best evaluated by speaking with current La Mirada New Cairo residents before committing.
Is La Mirada an independent company or a brand?
It is a brand name. The legal entity behind the projects is Grand Plaza Developments, formally Grand Plaza for Real Estate and Touristic Development. Contracts are signed with Grand Plaza.
Where are La Mirada projects located?
All projects sit in eastern Greater Cairo: New Cairo (La Mirada Fifth Settlement plus La Mirada Plaza Mall) and Mostakbal City (La Mirada Mostakbal City).
Does La Mirada offer installment plans?
Yes. In Mostakbal City for example, plans extend up to 11 years, some with zero down payment, others with 10% or 20% down on flexible terms, plus a six-year interest-free option.
Is La Mirada New Cairo already delivered?
Yes. The compound has been delivered from 2019 onward and now has an active resale market, with starter units listed from around 4,900,000 EGP.
How does La Mirada compare to other developers in the same area?
The portfolio is small (three projects), but the upside is a model already standing on the ground, unlike newer developers that have not handed over yet. This favors buyers who want to physically see product quality before purchasing.
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