New Administrative Capital
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The Tower hotel in the New Administrative Capital is located in the Downtown area, offering its clients administrative, commercial and medical units with rooms for sale for housing or rent with international hotel management.
Modon Developments Company is the executing company of The Tower Hotel in the New Administrative Capital, which offers an integrated residential and investment project with a new idea.
Modon Company owns large areas of land in the new administrative capital and also in the new city of El Alamein and has already started working on it, in addition to its projects outside the Egypt, and one of the most important projects of Modon Developments Company:
Festival Tower Hotel in the heart of the New Administrative Capital
Modern Hotel Residence in the Administrative Capital
Zayed Port Project
Al Hudayriat Recreational Area
Jubail Qurm Park
Seven mosques in Abu Dhabi
The project is located in the Administrative Capital, specifically in the Downtown area, near many vital and important areas in the capital.
Among the most important areas near The Tower, the administrative capital:
The project includes different types of real estate, including administrative, medical and commercial units, in addition to rooms and hotel units.
The areas of real estate units in The Tower vary as well as its types, and the area of shops ranges from 46 square meters up to 68 square meters and offices from 84 square meters up to 100 square meters.
The project consists of a ground floor and 10 repeated floors of various sizes and the following design:
The ground and first floors are commercial units and the areas start from 50 square meters.
The second floor is administrative units and the areas start from 50 square meters.
From the third floor to the tenth floor are hotel rooms and apartments, and their areas start from 36 square meters.
The project will also be managed and operated by (Facil) the international company after its success in managing and operating international hotels, including: Hilton, Radisson, Movenpick A, Jumeirah, Hyatt Regency, Atlantis and Dusit, in addition to the company’s experience in the maintenance and operation of residential units, Capital Way, Troy, Hyde Park and Swan Lake, and the company will be Responsible for renting hotel units with the highest investment return.
The Tower has several attractive features for those wishing to live or invest there, and the most important of these features are:
Its privileged location in the heart of the capital, which facilitates easy access to many areas within the capital.
Distinctive views of green spaces and water bodies.
Proximity to service areas in the new capital.
The possibility of the hotel management finishing these units in full or semi-finished according to the client's desire.
As for the services provided by the project, they are:
Water bodies, green spaces and a tourist walkway
Swimming pools for adults, children and women
Many recreational places such as gyms
Spa and beauty salons
24-hour cafes, restaurants and hotel services
Surveillance cameras, guarding, a security system and an integrated maintenance system
Underground car parks
The basic services of the tower are shops, medical clinics, administrative offices and hotel apartments
The selling price per meter per unit varies according to its type, whether it is hotel, commercial, administrative or medical, and even within each unit type, the price varies according to its location, view, and level of finishing, in contrast to the continuous change in the real estate market, which affects prices constantly up and down, and to know the price per square meter in The area you are looking for, follow the price guide first on Aqarmap.
The company offers customers several payment systems to suit all budgets, including:
0% down payment and the rest in installments over 5 years.
10% down payment, 10% upon receipt, and the rest in installments over 7 years.
20% down payment, 10% upon receipt, and the rest in installments over 9 years.
30% down payment, 10% upon receipt, and the rest in installments over 10 years.
And the receipt is after 3 years of contracting and receiving the fully finished units with a guarantee of providing hotel services after receipt.
The establishment of the new administrative capital was announced at the Conference for Supporting and Developing the Egyptian Economy March 13, 2015. Since then, work has been going on to complete it as soon as possible to relieve pressure on the current capital, Cairo.
The New Administrative Capital is located between the Greater Cairo Region and the Suez Canal Region, near the Regional Ring Road and the Suez Road.
It will be built on an area of 170,000 square meters and will be the seat of the Egyptian parliament, presidency and ministries, and it will be one of the largest and most prestigious capitals in the world.
The New Administrative Capital will include high-end and distinctive residential projects.
The New Administrative Capital project provides a set of features and services, including:
It has the world's largest central park, Capital Park.
The Green River, which stretches for 35 kilometers and was designed in this area to serve as the Nile River, as It is the largest green axis in the world, and it links the New Administrative Capital with many neighborhoods and vital areas there.
It has a global airstrip of approximately 33 acres.
It has the government district and the financial and business district.
Mohammed Bin Zayed North Area, Exhibition City and Meetings Headquarters.
The Al-Fattah Al-Alim Mosque is one of the largest mosques in the world. The mosque accommodates 17,000 people. The mosque is located on an area of 106 acres, and contains 31 floors and 21 domes.
The monorail, which is a mass transportation, is one of the newest projects, with a passenger capacity of about 1,000,000 passengers per day, and it is safe and environmentally friendly.
It has the largest power station of 4800 MW.
Natural gas will extend for 65 km from Ain Sokhna to the center of the new administrative capital city.
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