Investment Opportunities in Business District in New Capital

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Business District in the New Administrative Capital

The New Administrative Capital offers various investment opportunities especially through its Business District. These opportunities are obvious in the “Grand Square Mall and Financial Hub Mall”.

If you are of businessman and looking for new investment opportunities to expand your business. Then, the Business District is one of the best places that any investor should seize.

Moreover, the New Administrative Capital contains many enormous national projects, including the Business District.

Also, the strategy for developing the financial and business district in the new administrative capital is shared with the state’s strategy to increase the flow of investments within the country.

Therefore, the state will do its utmost to enhance the Business District financially to boost investment; which will be unprecedented investment opportunity.

Grand Square Mall

One of the real estate companies hat started constructing in Business District is Pyramids Real Estate Development by building Grand Square Mall. The mall is one of the largest commercial malls, and the most important opportunities to invest in the district.

Most importantly, The company chose the french style to design the Grand Square with, according to the most architectural standards in the world.

It aims to serve all the commercial, medical and administrative purposes that a vital neighborhood like the City of Finance and Business would need.

Grand Square Mall consists of 7 floors:

• Commercial stores and projects allocate the first three floors
• The third floor is for clinics
• The fourth and fifth floors are for administrative offices
• The sixth and seventh floors are to build a resort hotel with the latest high-end designs and the highest luxurious level.

The mall provides all the necessary services for a successful business, for example:

• 4 main entrances
• Elevators
• Reception places
• The latest sophisticated for surveillance, fire detection and extinguishing, etc.

Financial Hub Mall

Meanwhile, Financial Hub Mall is one of five giant real estate projects launched by Alsafwa Real Estate Development Company in the New Capital.

The Mall lies in the New Capital, to be one of the strongest commercial real estate. Overall, it provides all services that guarantee the success of your investment project.

The hub overlooks the governmental district, which includes most of government authorities. Certainly, that’s why the mall has a vital location in Business district.

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Enjoy Luxury and Modern Urban Lifestyle in Aeon Compound

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About Aeon Compound

Aeon Compound is the first of its kind in 6th of October City, where it combines a luxury and modern lifestyle at the same time.

The compound consists of 20 residential towers with a privileged view. The towers are surrounded by many services, facilities and green spaces that provide fresh air, luxury and quietness.

The compound provides a privileged and unique services and provides better lifestyle than in urban suburbs.

Aeon October project location

The compound is located at the west of Cairo between Sheikh Zayed and 6th of October City.

Thus, its location is very privileged, as it is near services, hospitals, shops and government departments.

Area of Aeon October

Aeon Compound extends over 21 feddans, distributed over 20 residential towers.

Developer of Aeon October

Marakaz Real Estate Development Company is the owner of the compound. It is also the developer of Mall of Arabia and District 5.

Moreover, The company carried out many successful residential and vital projects.

Aeon October services

The compound offers many distinguished services, in addition to a charming and breathtaking views. Green spaces surround the place which reflect comfort and quietness.

Among these services:

• Swimming pools for each category, where there is a pool for children, and another for adults, and others for training and water sports.
• Entertainment services for children such as: games and green spaces.
• Privileged restaurants and cafes.
• A sports club in the compound that includes swimming pools, squash stadium, football stadium, tennis stadium, golf stadium, basketball stadium, and a sports track for hiking and running enthusiasts.
• The compound includes a mosque.
• Artificial lakes, waterfalls, and a dancing fountain with a charming view.
• Being next to Dar Al Fouad Hospital.
• There are public health services in the compound, such as clinics, health offices, and a pharmacy.
• The compound includes many shops, in addition to its vicinity to Mall of Arabia, which is located directly in front of the compound.
• There are security services at the compound 24 hours a day to ensure the safety and security of the residents of the compound.
• Sports center, Spa and Jacuzzi centers equipped with the latest international equipment and devices.
• Among the prominent of the compound is the provision of Sky Aeon for snowboarding enthusiasts and other snowboarding games.

Aeon Compound Residential Units

Aeon Compound offers units in different areas to suit many categories.

The compound provides more than 616 residential units, with areas ranging from 150 square meters to 300 square meters.

The units in the compound vary between studios (one room), apartments, townhouse, twin house and duplexes.

The owner company offers payment facilities through paying  a 10% as a down payment with installments over 7 years.

Average prices for Aeon Compound’s units

The average prices for apartments in the compound range from EGP 2,000,000 to EGP 6,000,000.

As the price varies depending on the area of the unit and finishing. The owner company will deliver the units in 2021.

It is worth noting that the prices mentioned in the article are subject to change, and we are keen on Aqarmap to update the price list continuously so that the customer is aware of the changes taking place in the real estate market, as well as we measure demand indicators via the Aqarmap index.

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New Alamein Towers.. one of most important projects in Egypt

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New Alamein Towers project met with success since the announcement of its establishment. Sales reached EGP 9,000,000,000 during the first year only. The New Alamein Towers project is the first of its kind. It is the first time that the country establishes towers with direct view on the beach in the North Coast, if not in all over Egypt, with heights reaching 44 floors.

Location of New Alamein Towers

The New Alamein Towers occupy one of the most prominent locations in Al Alamein City. They are located on the city beach with a recreational area fall in the middle of them. They also overlook El Alamein Lake, and lie on a short distance from the Midtown area that has luxury housing units and integrated services, Heritage City, El Alamein Gardens, Al Massa Hotel, the Convention Center, and Al Fanara Marina.

When designing and choosing the towers’ location, it was taken into account that they would be easily accessible from outside the New Alamein city, both by air and land, and to be close to all vital places in Egypt.

New Alamein Towers are:

• 54 km from Al Alamein International Airport.
• 89 km from the Burj Al Arab International Airport.
• 261 km from Cairo.
• 184 km from Marsa Matruh.
• 107 km from Alexandria.

 As for roads, Towers are close to the most important main roads, such as the Petroleum Road, Wadi Natroun, Al Alamein Road, and the International Coastal Road. This is in addition to the south road of the city, nearly finished in order to be an alternative to the coastal road. It runs from Wadi Al-Natroun Al Alamein to Sidi Abdel-Rahman, and has 5 lanes in each direction, in addition to two service lanes.

As for traveling from Cairo to there, it will take less than two hours, through the new Fouka road, which links Cairo to the North Coast with less than 140 km long.

Features of New Alamein Towers

• Have various and different designs to suit all tastes.
• There is a recreational area that lies in the middle of the towers, overlooking the beach, with a garage that can accommodate 3,000 cars, a hotel and a group of commercial units.
• The touristic walking path of the city of Al Alamein lies in front of them, with length approximately equal to the length of corniche in Alexandria, as it is 14 km length.
• They are equipped with lightning rods and are earthquake-resistant.
• The Towers have a high level security and surveillance system.
• They have the state of art fire suppression systems in rooms, and walls endure fire for up to two hours.
• Each tower has 15 high speed elevators (3 meters/second) with a sense of non-stop, including panoramic elevators and service elevators.
• Waste management system and garbage recycling.
• All apartments are equipped with air vents to constantly refresh air.
• (French) air intake systems in kitchens, bathrooms, and garages to ensure fresh air.

Owner of New Alamein Towers

City Edge Developments is the owner and developer of the project. The Company is a partnership between three government bodies:

• New Urban Communities Authority (NUCA), by 60%.
• Housing and Development Bank, by 38%.
• Holding Company for Investment and Development, by 2%.

The City Edge Developments undertakes many large real estate projects in the new cities, such as Al Maqsad Compound in the New Administrative Capital, and Zahya New Mansoura in New Mansoura City, and Etapa Compound in the 5th Settlement.

Founded in 2017, the Egyptian government has entrusted the company with a protocol of cooperation for undertaking the state real estate projects. The company has so far launched two groups of New Alamein Towers:

North Edge towers

When the Egyptian government announced the New Alamein Towers project, the project was supposed to establish only 15 towers, but after the high demand, the government decided to increase the number of towers to be 25.

North Edge Towers are the first group to be launched by the company. They are splendid hotel towers with utmost luxurious and charming double views. They overlook one of the most beautiful beaches in the world from one hand, and the turquoise El Alamein Lake on the other hand.

Every tower’s height ranges from 28 to 35 and up to 40 floors. Commercial units allocate the first two floors while the rest are for the housing ones.

Each tower contains approximately 230 units. Apartment areas start from 177 square meters to 351 square meters. As for the number of rooms, units consist of one to 4 rooms.

Apartment prices in North Edge Towers:

Podium apartment prices start from EGP 5,500,000 to EGP 13,000,000. Housing Apartment prices start from EGP 6,300,000 to EGP 14.400,000. Moreover, the company offers payment facilities with a 10% down payment and installments up to 7 years. All units are equipped with the latest smart home systems.

The Gate Towers

The Gate towers are the second group of New Alamein Towers project. This group is the highest towers, with a height of 170 m, and 44 floors totally.

The towers are gateway-shaped, as they are the gateway to the city of New Alamein.

There is a road, directly leads to the sea shore, falls in the middle of the two towers. The Gate towers are the second highest towers overlooking the Mediterranean Sea, after the famous Spain Towers.

Each tower has 669 apartments, with areas ranging from 49 square meters to 387 square meters.

Booking an apartment in The Gate Towers

The City Edge Company has given the chance to make reservation in The Gate Towers, with a reservation form of a value starting only from EGP 100,000.

* It is worth mentioning that the prices mentioned in this article are subject to change, and we, in Aqarmap, are continuously keen on updating the neighborhood price list, so that the customer becomes aware of the changes taking place in the real estate market, as well as we measure the demand indexes via Aqarmap index.

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About Port Said; its landmarks and real estate opportunities

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About Port Said City

Port Said Governorate lies at the head of the Suez Canal on the north of the Mediterranean Sea. It is bordered to the north by the Mediterranean Sea, to the east by North Sinai Governorate, to the west by Damietta Governorate, and to the south by Ismailia Governorate. Most importantly, the capital of Port Said Governorate is the city of Port Said, and is called Afro-Asiatic, as one of its cities, the city of Port Fouad, is located in the Asian Continent.

Also, the Governorate consists of 7 neighborhoods: Al-Janoub, Al-Arab, Al-Sharq, Al-Dawahi, Al-Zohour, Al-Manakh, and Gharb.

Port Fouad

This Egyptian city is part of the Port Said Governorate. It has the advantage of connecting Asia to Africa by being  the first point in the Asian continent.

Moreover, Port Fouad lies on the east of the city, surrounded by the Mediterranean Sea to the north, the Suez Canal to the west, Tafre’ah and North Sinai Governorate to the east, and Ismailia Governorate to the south.

It is easily accessible by the ferry that connects the two banks of the Suez Canal. In addition, the city has temperate climate mostly during the year.

French style distinguishes the city of Port Fouad, with back-to-back villas, wide squares and streets, and great deal of green areas that make it calm and upscale.

Most important establishments in Port Fouad

• Tourist facilities: Al-Yaqout Village, and Al-Zumurud Village.
• University facilities: Faculty of Commerce, Faculty of Engineering, Faculty of Physical Education at Port Said University, and the Arab Academy for Maritime Transport.
• The Islamic Complex, and the Grand Mosque of Port Fouad.
• Port Fouad Athletic Club.
• Navigation project.

Most important tourist attractions in Port Fouad

Suez Canal Authority Building

It is a government archaeological building to observe the movement of ships passing through the Suez Canal. The building is known as the Dome Building, having distinguished location on the bank of the Suez Canal. Khedive Abbas Helmi II built it in 1895 AD.

Port Said Martyrs Memorial of the tripartite aggression

President Anwar el-Sadat decided to build the memorial to commemorate the righteous martyrs. It is located in the famous martyrs square in El-Masala Square; the most famous square in Port Said.

The old lighthouse

It is one of the most important monuments and attractions in the governorate, as it is the first lighthouse to be constructed of reinforced concrete in the world. Thus, the French built it to guide the coming ships to the city.

Commonwealth Cemeteries

It is one of 18 tombs scattered throughout the Egyptian republic. The cemeteries lie in the Al-Zuhur neighborhood. Commonwealth Commission supervises the cemeteries as they deserve the attention of the grandchildren of the victims of the First and Second World Wars, in order to commemorate their ancestors.

Ashtum El Gamil National Park and Tennis Island

It exists 7 kilometers away from the city of Port Said, on the west, along the coastal road of Port Said-Damietta. It consists of: Boughazi El Gamil and Ashtum El Gamil, which connect the Mediterranean Sea to Lake Manzala, leading to the renewal and circulation of the water inside it and the fish diversity accordingly.

The Tennis Island is located inside Lake Manzala and 7 km away from it. It includes the archaeological Tennis hill and surrounded by a water sanctuary.

Most important Islamic, Coptic and archaeological monuments

• Abdel Rahman Lotfy Mosque
• Al-Salam Mosque
• The Abbasid Mosque
• St. Eugene Church
• The Roman Cathedral
• St. George Church
• Port Said National Museum
• Port Said Military Museum
• El Nasr Museum of Modern Art in Port Said
• The Base of Delices statue

Overall, being a beautiful coastal city that distinguished by its location between the Mediterranean and the Suez Canal and its moderate climate throughout the year, the city of Port Said is also a family and tourist city that suits all ages and all groups because of its low prices compared to the rest of the coastal cities, and its attractive picturesque nature. So, you can spend enjoyable time with affordable cost.

Most affordable tourist villages in Port Said

• Karawan Village.
• Al-Zumurud Village.
• Canary Village.
• Nuras Paradise Inn village.
• Al-Murjan Village.
• Nuras village.

Latest Housing projects in Port Said

Tower Bay Housing Compound

It is one of the largest tourism investment projects in Egypt, as its investment volume reaches EGP 5,000,000,000. It lies at Kilo 20 west of Port Said, on the road connecting Damietta and Port Said.

In addition, Tower Bay Resort offers integrated services to bring luxury and excellence to its residents. It includes: an integrated tourist resort, an international school, a five-star hotel, restaurants and cafes, and a shopping mall.

Downtown Compound

Downtown Compound Port Said exits in the heart of Port Said, in the beautiful area behind the airport, to provide a distinguished standard of living and to achieve the highest levels of luxury and sophistication.

The Compound contains vast landscape areas, green spaces, lagoons, and breathtaking scenery. It extends over 40 feddans. Also, Iit’s divided into distinct and varied housing units, entertainment services and public facilities.

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Most important schools and universities in the New Capital

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In this article, we will introduce the most important information about the most prestigious schools and universities in the New Administrative Capital.

Today, good education is like water and air, and parents always look for the best opportunities to educate their children, even if these chances exist abroad.

If you have children at different levels of education (primary, preparatory, secondary, university), and you’ll always want the best for them. So, we bring good news for you. There are many prestigious schools and universities in the New Administrative Capital, which contend for starting the next academic year. This gives a strong boost to education within the country. It also creates a strong generation that keeps pace with the requirements of the modern age.

Best schools in the New Administrative Capital

The New Administrative Capital so far includes only 50 international and language schools, including 4 Japanese schools. These schools are scheduled to be completed within a year, which means that they will start the new academic year of 2020 in the New Administrative Capital.

Africa First Education Company is planning to pump massive investments into creating an international school in the New Administrative Capital, which will be called “Cadmus”. The Company is founded in 2018 by giant companies, which are:

• The Lebanese SABIS® Company, which runs the International Schools of Choueifat (ISC) that operates in Egypt,
• Redcon Construction Company, a real estate giant company,
• Additionally, the UAE investment fund.

Also, a school will be established by the Engineering Authority of the Armed Forces in partnership with Misr Italia properties in R2 in the New Capital. The school will be built on an area of ​​about 12,000 square meters, with an estimated cost of EGP 25 million. The school will accommodate 1,500 students in different basic education stages.

The Sahara Schools group will also establish another international school in the New Capital. The Sahara Schools is one of the educational groups that has started operating in Egypt since 1990. It continuously seeks to develop its international education. This is to introduce a generation of students with the highest level of education to keep pace with modernization.

Another organizations and companies will establish many international schools, such as:

• International Knowledge Company (IKC)
• El-Bayan Educational Establishment
• Anglo American for educational services
• Egypt British International School
• Manor House International Schools
• Sisters of the Heart of Jesus
• ICA
• Egypt SBV Limited

Prestigious universities in the New Administrative Capital

In addition to schools, the New Administrative Capital will include a group of distinguished international universities. Of course, all degrees offered by these universities are certified by the Supreme Council of Universities.

These universities include:

• German International University of Applied Sciences.
• Hungarian University.
• Swedish University.
• University of Liverpool.
• The new Canadian University, and University of Prince Edward will offer its programs in sustainable energy engineering and industrial and structural design engineering. The university will annually accept approximately 400 students from Egypt and abroad.
• American International University, on an area of ​​50 acres to accommodate 21,000 students.
• British Coventry University, located in one of the best locations in the Administrative Capital near Midtown Sky New Capital.
• The Japanese University, Canadian College, and University of Sinai allocate about 450 feddans.

Advantages of studying in the universities of the New Capital

• The German Car manufacturing giant provides jobs for graduates of engineering colleges.
• International universities ensure that 50% of the faculty staff would be Egyptians.
• Some buildings will be designated for research and development.

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Learn about the New Borg El Arab; Industrial residential city

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The city of New Borg El Arab is one of the first generation of industrial residential cities that were established in Alexandria Governorate under a presidential decree in 1979. This was to reduce congestion in central Alexandria. In addition, the city administratively follows the New Urban Communities Authority.

Location of the New Borg El Arab

The city of New Borg El Arab is located 48 km west of Alexandria. Moreover, it is 7 km from the coast of the Mediterranean Sea and the Alexandria-Matrouh coastal road, and about 3 km from the city of Borg El Arab.

Area of ​​New Borg El Arab 

Most importantly, the area of ​​the city is about 255 square kilometers, and is divided into 13 neighborhoods, including many fundamental and recreational services, for example:

• Schools, nurseries and universities
• A special area for banks and banking services
• A technological zone, including companies and commercial offices
• Sports clubs, including: Smouha Club and Petrosport Club
• 5 industrial zones
• Hospitals, including: Borg El Arab Hospital for Cancer, Borg El Arab General Hospital, and Al Salam Royal Private Hospital

Housing units in New Borg El Arab

The city includes numerous and various housing units, reaching about 25,150 housing units established by more than one construction company, for example:

• Urban Communities Authority established about 9,473 housing units. 
• Private sector companies constructed around 9,485 housing units.
• Engineering Authority of the Armed Forces implemented about 6,192 housing units.
• Moreover, a number of 27,934 housing units are currently under construction.

Prices of housing units

Prices vary in accordance with the area of units. The average land price is around EGP 800 per square meter. Areas range from 209 square meters to 270 square meters.

To clarify, the average price per square meter for the privileged housing lands is EGP 1,750 per square meter. Areas range from 600 square meters to 1,200 square meters. As for the average prices of apartments, they are around EGP 375,000, and prices of villas start from EGP 1,300,000.

Current projects in New Borg El Arab

In addition, several projects in the city are planned to be ready for delivery by 2032, including:

• Technology Valley Projects
• Free industrial zone
• The logistics park
• Staff housing
• A privileged housing project and other projects

*It is worth mentioning that the prices mentioned in this article are subject to change, and we, in Aqarmap, continuously keen on updating the neighborhood price list, so that the customer becomes aware of the changes taking place in the real estate market, as well as we measure the demand indexes via Aqarmap index.

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Learn more about Ancient Sands Resort in Hurghada

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Ancient Sands Resort

The Ancient Sands Resort in Hurghada is Nubian-styled. It overlooks the Red Sea and includes an extensive golf course specially designed for the golf enthusiasts.

Location of Ancient Sands Resort

Ancient Sands Resort is located in Hurghada, and specifically in El Gouna. The resort provides apartments to stay in, in addition to many hotels overlooking the wonderful Red Sea beach. The resort is only 30 minutes away from Hurghada International Airport, and enjoys many various services.

The Beach and pools in Ancient Sands

The resort has a distinctive private beach, in addition to 5 swimming pools, including indoor pools, outdoor pools, and kids’ pools.

Services in Resort suites

The air-conditioned suites feature Wi-Fi, a TV, a kitchen equipped with various utensils, an en-suite bathroom, and a terrace with sea views. You can have food on the terrace or go to the restaurant. Also, you can choose between 4 distinctive restaurants. Of course, there are different daily cleaning services to serve the guests of the resort.

Activities at Ancient Sands Resort

You can enjoy many activities at the resort, such as: playing mini golf, diving, horse riding, windsurfing and reading books in the library, in addition to swimming and enjoying the amazing landscapes.

Premium services in Ancient Sands Resort

The Resort offers distingushed services, such as: babysitting service, so that parents can enjoy their vacation without being constantly worried about their children. Additionally, there are private parking for guests’ cars, a private smoking area, family rooms, and airport shuttle service for guests.

Types of accommodation at Ancient Sands Resort

You can stay in a suite in the hotel, or in apartments of various areas ranging from a bedroom to 3 bedrooms. There are also villas and houses that some of which have a private pool.

So, you can choose the accommodation you prefer, and in all cases you will enjoy the resort’s distinctive services.

Your vacation in El Gouna

Unlike the bustling atmospheres of Hurghada, El Gouna is characterized by charming calmness that attracts tourists to repeatedly visit it. It was designed by Orascom Construction PLC, owned by Samih Sawiris, to be a clean and developed city with all kinds of activities favored by tourists, such as:

• Diving
• Kite Surfing
• Safari
• Golf
• Horse riding

In El Gouna, buildings are designed on many different and wonderful styles, such as the Nubian style on which the Ancient Sands Resort is designed.

There are also Italian and European styled buildings in general. The city enjoys a very clean air due to its large green areas, such as golf courses, parks, artificial lakes, as well as the purity of the sea.

The city’s waste is also properly recycled and disposed of, just like the European cities.

Your vacation in El Gouna will definitely be different from anywhere else in Egypt, and the Ancient Sands Resort will highlight the beauty of that wonderful city.

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