Maspero Business Tower is a pioneering project in the heart of Greater Cairo, undertaken by City Edge Developments. It presents a unique investment and residential opportunity in one of the most strategically vital geographic locations, boasting a direct view of the Nile River.
The location of Maspero Business Tower
The real estate developer has leveraged an ideal geographical spot in downtown Cairo, creating a project that blends the market’s need for a commercial and administrative complex of this kind with the provision of residential units. This all takes place in a crucial and vibrant strategic location.
Maspero Business Tower are situated with a view of the Nile Corniche in the downtown area, near the following landmarks:
- Adjacent to the Italian Consulate.
- Minutes away from the Dar El Maaref building.
- A short distance from Ramses Station.
- Close to Tahrir Square and the Egyptian Museum.
- Proximity to Maspero Business Tower on 26th of July Corridor.
- Near the Radio and Television Building.
- Close to Abdel Moneim Riyad Square.
- Adjacent to the Hilton Hotel.
- Near the Ministry of Foreign Affairs building and Al-Galaa Street.
The design of Maspero Business Tower
Due to the vast area of Maspero Business Tower project, it is being constructed in three separate phases. The completion of the first phase is expected by the end of approximately 2022. The project encompasses a number of adjacent towers, whether designated for commercial, administrative, or residential activities.
The towers are designed in a contemporary classic style, each consisting of a ground floor and either 15 upper floors or a ground floor and a maximum of 23 repeated floors.
The space of Maspero Business Tower
In order to provide all the necessary services and facilities that cater to the project’s needs and clients’ requirements, a vast space of around 77 acres has been allocated for Maspero Business Tower, with an ideal built-up area conforming to international construction standards.
The first phase of the project has been designated for completing the towers that house commercial and administrative units, which feature a variety of areas as follows:
Administrative offices in Maspero Business Tower start from 70 square meters. Commercial shops within the towers start from 100 square meters.
Important Note: The real estate developer currently offers only commercial units in Maspero Business Tower. It is expected that administrative units will be offered by the end of 2022, and residential units are anticipated to be available by 2023.
Services of Maspero Business Tower
- It includes FTTH system (Fiber to the Home).
- Electric elevators.
- IP Internet system.
- IP Telephone system.
- Triple Play IPTV system.
- Security and surveillance.
- Surveillance cameras.
- Recreational areas.
- Water features.
- Area for restaurants and cafes.
- Air purification system.
- Conference and meeting rooms.
- The mall has 10 entrances.
- Central air conditioning is provided.
Features of Maspero Business Tower
A vast area for Maspero Business Tower project fulfills the developer’s complete vision. One of the most splendid geographical locations in the heart of Cairo has been utilized for the establishment of Maspero Business Tower. The project is expected to witness significant demand, being the first of its kind in the area. The engineering designs combine both classic and contemporary styles.
Prices of Maspero Business Tower
Administrative Unit Prices:
- Starting price per square meter for administrative units is 35,000 Egyptian pounds for cash payment.
- Starting price per square meter for administrative units is 44,000 Egyptian pounds for installment payment.
Commercial Unit Prices:
- Starting price per square meter for commercial units is 110,000 Egyptian pounds for cash payment.
- Starting price per square meter for commercial units is 160,000 Egyptian pounds for installment payment.
Payment and Installment Methods:
City Edge has provided several payment and installment methods as follows:
- The minimum down payment starts from 5%.
- Payments can be spread over 3, 5, or 7 years.
- All installments are interest-free.
City Edge Developments
City Edge is an Egyptian joint-stock company affiliated with the government, and several important entities were involved in its establishment, with the New Urban Communities Authority being the largest contributor to the company.
The company has launched several renowned projects throughout its journey, including the following:
- New Alamein Towers.
- Mazarine New Alamein Compound.
- Al Maqsad Compound New Capital.
- Eitapa Sheikh Zayed Compound.
- Zahya Towers New Mansoura.
- Baroque New Capital Project.
- New Alamein Downtown.
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The real estate developer
City Edge Company
The project’s location
With a view overlooking the Nile Corniche in downtown area.
The project’s area
Around 75 acres