Obsidier Tower

Description

Obsidier Tower

Obsidier Tower is located in the first row of the tourist towers in the heart of Downtown, in the New Administrative Capital. The project spans an area of 13,500 m² and consists of a ground floor and 25 upper floors. The first three floors feature commercial units, while the upper floors are designated for administrative offices. The tower is designed by renowned architect Mohamed Talaat and constructed by DETAC. Units start from 50 square meters, with flexible payment plans extending up to 8 years.

Location:

• Prime location in the first row of tourist towers in Downtown, New Administrative Capital.
• Plot No. (1) at the southwestern entrance of Downtown.
• Direct views of North Bin Zayed Axis and the Green River.
• Three distinct facades on key axes:
  • First facade: Overlooking North Bin Zayed Axis with a width of 124 meters, directly facing the Green River.
  • Second facade: Facing the western Downtown Axis with a width of 70 meters.
  • Third facade: Facing the Towers Axis with a width of 50 meters.
  • A 30-meter-wide tourist promenade separates the project from adjacent land.

Project Description:

• Total area: 13,500 m²
• Structure: Basement + Ground Floor + 25 Floors.
  • Ground to 2 floor: Commercial units.
  • 3th floor to top: Administrative units.
• Architectural Consultant: Eng. Mohamed Talaat.
• Construction Company: DETAC.

Unit Types and Finishes:

• Commercial units: Core & shell
• Administrative units: Fully finished with air conditioning.

Areas & Prices:

• Commercial Units:
  • Starting area: 50 m²
  • Starting price: 240,000 EGP per m²
• Administrative Units:
  • Starting area: 50 m²
  • Starting price: 175,000 EGP per m²

Delivery Date: 2027

Payment Plans:

• Commercial Units:
  • 10% down payment upon contract.
  • 10% after 2 years.
  • Remaining balance over 8 years.
• Administrative Units:
• 10% down payment upon contract.
• 10% after 2 years.
• Remaining balance over 7 years.