ARQA Developments is a prominent real estate development company, one of the aspiring players aiming for success within the Egyptian market, especially in New Capital. Despite being founded in 2019, it has achieved tremendous successes based on its solid foundation built on its vision and plan in the real estate investment field.
Partners of ARQA Developments
The company is managed and marketed by a team of real estate industry pioneers, with its key members being:
- Mr. Mahrous Al Zeini, Chairman of the Board.
- Mr. Mohamed Al Bakri, Vice Chairman of the Board.
- Dr. Abdel Salam Ahmed, Head of the Engineering Sector.
- Mr. Ahmed Gamal, Executive Member of the company.
The most prominent projects by ARQA Developments
I Business Park New Capital
ARQA Developments has been able to make a distinctive mark in its development journey through this massive investment project, especially as it is one of the best malls in Downtown New Capital. Moreover, it stands out for its comprehensive integration, including various investment activities alongside hotel rooms.
- Engineering Consultant: Hussein Sabour Office.
- Management and Operation Company: KAD Company, one of the best project management companies in Egypt.
- Project Location: In Downtown on the central axis, Parcel 21.
- Project Area: It is one of the largest malls in New Capital, with an area of 21,000 square meters.
- Building Ratio: 45% of the total land area.
- Mall Activity: Commercial, Administrative, Medical, and Hotel.
- Unit Sizes: Business Park units starting from 28 square meters.
- Project Design: Consists of 3 buildings, each building with 20 floors.
- Unit Finishing: Semi-finished for commercial units, and fully finished for the rest.
- Maintenance Deposit: 10% of the unit price for maintenance expenses.
- Price per Square Meter: Starting from 50,000 Egyptian pounds per square meter for Business Park units.
- Payment Period: A payment period of up to 10 years is available.
- Cash Discount: A 40% cash discount has been set.
- Delivery Date: During the year 2024.
- Sales Contact: 00201104894802.
Aviary Park New Capital
Aviary Park New Capital project is the latest phase of the I Business Park, launched by ARQA Developments in the heart of Downtown, offering a dual activity of shops and offices. It represents a complete building among the 3 buildings introduced in the E Business project.
- Project Location: Inside I Business Park in Downtown, near the Green River.
- Project Units: It includes commercial, administrative, and medical activities.
- Unit Sizes: Avery Park units start from 31 square meters. Project Design:
- The building consists of 20 upper floors. Unit Prices:
- The price per square meter in Aviary Park starts from 58,000 Egyptian pounds.
- Payment Period: It extends up to 9 years.
- Delivery Date: The project is scheduled to be delivered in 2025.
- Sales Contact: 00201104894802.