Diamond Tower 2 New Capital

ERG Developments company has launched Diamond Tower 2 New Capital, following the tremendous success achieved with Diamond Tower 1. They have allocated two adjacent plots of land for these projects in the Downtown area, near the Egypt Mosque and the Government District. The projects feature unique architectural design and a wide variety of service activities, in addition to competitive prices and convenient payment methods.

The location of Diamond Tower 2 New Capital

Diamond Tower 2 New Capital is located on the main street of the Downtown area, with a width of 90 meters. It generally overlooks four main corners and is situated near the following:

1. Diamond Tower 2 New Capital is located at the entrance of Central Park.
2. It is just minutes away from the Green River.
3. It is the third block from the North Ben Zayed Axis.
4. Diamond Tower 2 New Capital is adjacent to the Government District and the Diamond Hotel.
5. It is in close proximity to banks and ministries.
6. It is a short distance from computer and petroleum companies.
7. It is located near the tourist tower area.
8. It is close to the International Universities area.
9. Diamond Tower 2 New Capital is also near the Monorail station.
10. Additionally, it is close to major projects in the New Administrative Capital’s Downtown area, such as Destino Tower and White 14 Mall.

The design and space of Diamond Tower 2 New Capital

The space

Emaar Rizk Group has developed Diamond Tower 2 New Capital on a total area of 7,300 square meters. The project includes two plazas, detailed as follows:

1. An indoor plaza covering an area of 755 square meters.
2. An outdoor plaza spanning 2,068 square meters.

The unit sizes in Diamond Tower 2 New Capital start from 26 square meters.

The design

Diamond Tower 2 New Capital features a distinctive design that sets it apart from other projects in the area. It embraces modern architectural designs with a unique overall concept and optimal unit distribution within the tower. Here are the key features:

1. There are 2 underground basements for parking.
2. The tower consists of a ground floor plus 14 upper floors.
3. From the ground floor to the third floor, there are commercial units.
4. From the fourth floor to the sixth floor, there are medical units.
5. From the seventh floor to the tenth floor, there are administrative units.
6. From the 11th floor to the top, there are residential and hotel units.

Services of Diamond Tower 2 New Capital

1. Mosque.
2. Underground parking.
3. Drive Thru services.
4. There is a 9D cinema.
5. Sky Lounge.
6. Kids’ entertainment area.
7. Security and guard services.
8. Surveillance cameras.
9. Electronic gates.
10. Advertising facades.
11. Meeting rooms.
12. Double-glazed glass facades.
13. Advanced central air conditioning.
14. Central satellite dish system.
15. Internet network.
16. Smart lighting system.
17. Firefighting systems.
18. Elevators and electric stairs.
19. Maintenance and cleaning services.
20. Spa and gym.
21. Green spaces.
22. Water fountains.

Features of Diamond Tower 2 New Capital

1. Diamond Tower 2 New Capital relies on solar panels for energy.
2. All units offer an open view.
3. Diamond Tower 2 New Capital boasts a full view of 175 meters.
4. A comprehensive project that provides all services.
5. A lease authorization contract with a percentage ranging from 15% to 22%.
6. There is a separate entrance and two elevators for medical units.
7. The first handover in Downtown area will be after 2 and a half years.
8. Emaar Rizk Group is the first company to start excavation work before promoting its projects.

Flaws of Diamond Tower 2 New Capital

Diamond Tower 2 New Capital is a magnificent and fully serviced development, thanks to the efforts of Emaar Rizk Group, which has worked diligently to provide significant production and developmental capabilities through its available resources. Furthermore, they have taken steps to rectify the mistakes of competing real estate developers, making it nearly impossible to find any significant flaws in this project.

Prices of Diamond Tower 2 New Capital

• The developer offers the lowest price per square meter in the area, starting at only 20,000 Egyptian pounds per square meter.
• Additionally, there is a discount of 35% for immediate payment.

Payment systems

1. 10% down payment and installment of the remaining amount over 6 years.
2. 15% down payment and installment of the remaining amount over 7 years.
3. 20% down payment and installment of the remaining amount over 8 years.
4. 25% down payment with 10% after one year and 10% upon delivery, with installment over 10 years.
5. 25% down payment with 10% after one year and 15% upon delivery, with installment over 10 years.
6. 30% down payment with 15% upon delivery and installment over 3 years (with a 27% discount).
7. 35% down payment and installment of the remaining amount over 9 years.

The developer company

Engineer Mohamed Rizk founded ERG Developments Group in 2005, and the company began its activities by launching projects targeting various customer segments. They established successful partnerships with Housing and Development Bank, leading consultants, management institutions, and others.

One of the strongest partnerships in Diamond Tower 2 New Capital is with the renowned company KAD. Additionally, Dr. Islam Raafat plays a key role as the engineering consultant, boasting a portfolio of over 1500 previous projects.

ERG Developments has an impressive portfolio of previous projects, including:

1. Monorail Tower New Capital.
2. Diamond Tower 1 New Capital.
3. City Life 1 Compound Ras El Bar.
4. City Life 2 Compound Damietta.

Additionally, the company has been involved in the construction of approximately 12 towers in Mansoura and various other projects.

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