Nile Business City

Description

Nile Business City

The tallest vertical city in Africa and the New Administrative Capital, Nile Business City is a unique architectural masterpiece, making it one of the most iconic landmarks in the New Administrative Capital.
The project is designed as a massive skyscraper rivaling the Iconic Tower, making it one of the tallest and most notable towers in the capital.

Location :

• Situated in the heart of the New Administrative Capital, specifically in the MU-32 district, a central and vibrant area.
• Direct views of the Green River and the North Mohamed Bin Zayed Axis.
• Close to several key landmarks:
  • The Monorail Station
  • Parliament and Senate Buildings
  • The Ring Road
  • Financial and Business District
  • Airport and Diplomatic District
  • Al Masa Hotel

Project Description :

• Total Area: 60,000 m²
• Built-Up Area: 296,000 m²
• Tower Height: 233 m²
• Structure: Four towers
  • Each tower consists of 56 floors.
  • The first 5 floors are dedicated to commercial activities.
  • One hotel tower and one administrative tower.
  • Two additional towers are yet to be designated for specific uses.
• Exclusive Features:
  • 18 elevators per tower.
  • The highest walkway in Africa.
  • The largest parking garage in Egypt, accommodating 5,000 cars.
  • 200m²wide frontage on the Green River.
  • Three main entrances overlooking the Green River.
  • The largest restaurant complex.
  • Designed to achieve LEED certification for sustainability and energy efficiency.

Unit Types and Finishing :

• Commercial Units:
  • Core and shell
• Administrative Units:
  • Fully finished with air conditioning.

Unit Sizes and Prices :

• Administrative Units:
  • Sizes starting from 47 m²
  • Option to purchase half the space (25 m²) if rented by the company.
  • Prices starting from 5 million EGP
• Commercial Units:
  • Sizes starting from 40 m².
  • Prices starting from 10 million EGP

Delivery Timeline :

• Units will be delivered within 5 years from the contract signing date.

Payment Plans :

1. Traditional Installment Plan:
   • 10% down payment with installments over 6 years.
   • 15% down payment with installments over 7 years.
   • 20% down payment with installments over 8 years.
2. Golden Vertex Plan:
   • 25% down payment with installments over 7 years and a 10% discount.
   • 35% down payment with installments over 7 years and a 20% discount.
   • 40% discount for full upfront payment.

Additional Benefits of the Golden Vertex Plan:

• Discount Equal to Down Payment: Any amount exceeding a 15% down payment is deducted from the total unit price.
• Down Payment Calculated After Discount: Discounts are applied to the price before calculating the down payment.
• Flexible Installments: Payments are spread over 7 years, with only 4 years of actual payments; the company covers the remaining 3 years.
• Free Operational Year: The fifth year is allocated for trial operations without any installment payments.
• High Rental Returns:
  • Minimum rental yield of 12% of the original unit price before discounts.
  • Rental yield may reach up to 15% based on the discounted purchase price.