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Jan 04,2023

Important information about the East Side Mall, new Capital

East Side Mall is one of the luxury commercial projects built in the New Administrative Capital, offering a wide range of services to meet the needs of customers. It is in a great location, making it an excellent investment opportunity.


Developer Company Portfolio


Castle Real Estate owns The East Side Mall, which was built with innovative designs and a large budget of approximately 800 million pounds.


Since 1982, the company has been a pioneering real estate developer. It has become a shining star in the real estate market as a result of its outstanding achievements and successes, as evidenced by projects in Saudi Arabia such as:


Red Sea Mall.


Maad Towers.


Castle Landmark New Capital


Project Benefits


East Side Mall is located in the heart of the New Capital, as evidenced by the following:


East Side Mall is located in the capital's most well-known and lively district, MU 23.


East Side Mall New Capital is conveniently located near major roads such as the Northern Bin Zayed Road, Suez Road, and Al Amal Axis, making it easy to get to and from the mall.


East Side Mall New Capital is near the capital's landmarks, including the Green River and the Chinese towers.


The upscale finance and business district is only a few minutes away.

Available Space in East Side


East Side Mall covers a large area of 7,600 square meters, with only 2,000 square meters under construction. The remainder of the space was dedicated to various types of service facilities.


East Side Mall New Capital has a large number of units ranging from commercial to administrative to medical clinics, all of which have been implemented in various sizes, allowing each customer to easily find the unit that meets their needs.


East Side New Capital has a ground floor and seven upper floors, each of which is dedicated to a different type of unit, as follows:


The space of the commercial units in East Side ranges from 67 square meters to 275 square meters on the first floor.


The second floor units are also commercial, but they are distributed over different areas ranging from 76 square meters to 242 square meters within the East Side Mall of the New Capital.


The third and fourth floors are allocated for medical clinics, ranging in size from 55 to 126 square meters.


The fifth, sixth, and seventh floors are dedicated to administrative units and offices, with areas ranging from 47 to 127 square meters on the East Side.


East Side Services


East Side Mall services include both basic and entertainment services, ensuring that customers have access to everything they need. This makes it an excellent investment opportunity.


Large parking spaces can accommodate up to 800 cars, preventing traffic congestion in the East Side Mall.


East Side New Capital gets 50% of its energy from solar panels, which contributes to a healthy environment and clean atmosphere.


There is a dedicated jogging, hiking and cycling track in the midst of the scenic landscape. East Side visitors can enjoy the fresh air while participating in their favorite sport.

Unit prices


This mall offers a good mix of integrated services and reasonable prices, making it an excellent investment opportunity. The following are the prices:


Commercial units cost between 50,000 and 70,000 EGP per square meter.


Medical units range in price per meter from 25,000 EGP to 40,000 EGP (semi finishing).


Clinics and administrative offices are priced starting at 5,000 EGP.


Payment systems


Castle Developments offers a variety of payment options to its clients, meaning they only need a small down payment to book their unit, with installments available over long periods of time. They can also select the system that best suits their needs from the options listed below:


5% down payment, and the rest over four years.


10% down payment, the rest over two years, and 10% upon receipt of the unit.


15% down payment required at time of booking, the rest over 6 years, with 10% payment due upon unit handover.


In addition to paying 10% down payment.


The company stated that all units will be delivered within two years of signing the contract.

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