Nile Business City New Capital is one of the most prominent projects by Nile Development Company, covering an area of 8 feddans in the heart of downtown. The tower is characterized by a large number of diverse units in terms of sizes and types of units that suit all clients.
The Nile Company project in the New Capital is located near the Grand Mosque of Egypt, the Nativity of Christ Cathedral, the Al Masa Hotel, the Ministries District, the Regional Ring Road, and a group of compounds such as: Celia Compound, Yaro Compound, and Floria Compound.
In the Nile Business City New Capital project, there are various units including commercial, administrative, medical, and hotel units with areas starting from 45 square meters and reaching up to 1000 square meters.
The average prices for administrative units in the Nile Business City New Capital project start from 5.5 million Egyptian pounds, while the average prices for commercial units are 13.7 million Egyptian pounds. As for hotel units, the average price is 4.7 million Egyptian pounds.
For more information about Nile Business City New Capital, please read the article.
Location of Nile Business City New Capital
Nile Business City New Capital is located in the most important and largest commercial area in the New Administrative Capital, specifically in the downtown area, which is known as the center of the most significant malls in the new capital. Therefore, it has been named the Investors’ Zone due to the high-value investment projects it hosts throughout the city. One of the most famous projects is Nile Business City, located specifically in plot number MU32, which is among the best investment land plots in downtown.
The advantage of the location of Nile Business City New Capital is not limited to its position in downtown; it also features a direct placement at the center of the Green River, just 17 km from the beginning to the end of the river. It is situated at the highest point on the Bin Zayed axis, which is the main axis in the area connecting downtown to many other regions in the New Administrative Capital. This contributes to ensuring the highest traffic for the project. According to statistics from Nile Development Company, the number of people visiting the tower can exceed 1,100,000 individuals per day.
Nearby Places to Nile Business City Towers
The location of Nile Business City New Capital is distinguished by its unique proximity to many key landmarks in the new capital, including the following:
- Financial District: Nile Business City is just 3 minutes away from the Financial District.
- Government District: The tower is also the same distance from the Government District as it is from the Financial District.
- Egyptian Museum: Nile Business Tower overlooks one of the most important landmarks in the capital, which is the museum.
- Monorail: The tower can be easily accessed via the monorail, which is less than 5 minutes away.
- Al Masa Hotel: Thanks to its prime location, the tower is just one minute away from Al Masa Hotel.
These places and others reflect the strategic location that distinguishes Nile Business City. The advantages of the project are not limited to its location; the design of the project is also noteworthy, which you will learn about in the next paragraph.
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Design of Nile Business City
Nile Business City is a representation of ultra-modern design from a futuristic perspective. The project features four elegantly designed towers that are unmatched in style. The tower boasts a wide façade measuring 200 meters along the Bin Zayed axis. The buildings of the tower represent the third tallest skyscrapers in Africa, covering a construction area of approximately 296,000 square meters. The towers are situated on the largest mixed-use commercial complex in the new capital, providing investors with a rich and innovative experience and ensuring them a comprehensive investment opportunity.
The designs of the towers comply with international standards, combining modern aesthetics with practical features to create a comprehensive destination that includes first-class facilities, ample entertainment, world-class hospitality services, and diverse business ventures, all under one roof.
Thanks to the project’s prime location, it enjoys stunning views of the Green River and the skyline of the New Capital, making it a distinctive address for exceptional quality. Among the other unique features of the project design, Nile Business City is the tallest vertical city and the second tallest skyscraper in the Golden Investment Zone of the New Capital, specifically in the downtown area.
Thanks to the project’s stunning design, which emphasizes that Nile Business City is the largest in every aspect, the project includes a massive shopping center covering 60,000 square meters, more than 60 elevators for easy access to the countless spaces within the project, and the highest suspended walkway in Africa. Additionally, the project offers the largest sky roof with distinctive hospitality services providing food and beverages from the most famous global and local restaurants and cafes.
Nile Business City is also the first of its kind in Egypt, featuring the highest swimming pool. By bringing together all these exceptional elements, Nile Business City becomes an ideal investment destination that combines luxury, modernity, and practical efficiency, placing Nile Development Company’s project in a unique position at both the regional and continental levels.
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Nile Business Tower Area
The land area on which Nile Business City New Capital was built is approximately 8 feddans, featuring the widest façade along the Green River and the northern Bin Zayed axis, with a façade width of 200 meters. As for the built-up area of the project, it measures 415,000 square meters, which is roughly equivalent to the area of the Burj Khalifa.
The vast area of the project has contributed to making it the tallest twin tower and the highest administrative building in Africa. Additionally, the project is based on the largest recreational tourism mall along the Green River and features the largest parking area, which can accommodate 5,000 cars at once.
Unit Sizes in Nile Business City New Capital
Nile Business City New Capital includes a large number of diverse units, comprising administrative units, residential units, hotel units, and commercial units. Below, we will present the available sizes for the units in the tower, which the company has divided into two categories:
- Category One: The first category of units in Nile Business City includes larger sizes of 108 square meters, 113 square meters, 116 square meters, and 120 square meters.
- Category Two: The second category of the project’s units includes smaller sizes starting from 33 square meters, reaching up to 81 square meters.
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Prices of Nile Business City New Capital
Nile Development Company recently announced the latest prices for the units available for sale in Nile Business City, which vary depending on the type of units and their sizes. Below, we will outline the latest prices for the units:
- Commercial Units: The available commercial units for sale in the project start from 45 square meters, with prices starting from 10,655,000 Egyptian pounds.
- Administrative Units: You can own a unit in the largest administrative building in the New Administrative Capital, with sizes starting from 44 square meters, priced at 10,148,000 Egyptian pounds.
- Hotel Units: You can also acquire the best hotel unit in the new capital, with sizes starting from 62 square meters, priced at 4,529,000 Egyptian pounds.
- Residential Units: Live in the largest horizontal city in the New Administrative Capital, with apartment sizes starting from 62 square meters, priced at 20,340,082 Egyptian pounds.
Booking and Payment Systems in Nile Business City
The booking and payment systems set by Nile Development Company for their unique project, Nile Business City, are diverse and offer long-term payment options. You can pay for your unit in the project over a period of up to 8 full years. Below, we outline the different systems for booking a unit in Nile Business City:
- You can pay an initial payment of 10% of the unit’s value and pay the remaining amount over 6 years.
- Alternatively, you can pay an initial payment of 15% and pay the remaining amount over a longer period of 7 years.
- For the final option, you can pay 20% as an initial payment and pay in installments over 8 years.
Price Analysis of Units in Nile Business City
Through the analysis of the prices of various units in Nile Business City, we find that they are among the best competitive prices in major projects of the same level as Nile Business City. Some clients and investors may perceive the price per meter in the project as high, with a rate of approximately 250,000 Egyptian pounds. However, when comparing the price against the value you will receive when owning a unit in Nile Business City, you will find that the price is reasonable and proportional, especially considering it is the largest investment project in the New Administrative Capital.
It is worth noting that when the units in the project were first launched for sale, the price per meter was only 45,000 Egyptian pounds. Within less than 3 years, it reached 250,000 Egyptian pounds, indicating an increase of approximately 455%. This is a greater increase than you would achieve by investing in any other project or even in other investment sectors outside of real estate. This forms the basis of the investment advantage in the project Nile Business City, where your return on investment in the project is guaranteed to exceed 100%.
Nile Business City Partnership System
Nile Development Company offers a unique system for owning a unit in Nile Business City with additional benefits, called the “Nile Partner” system. This is a partnership system with the project owner company, where you only need to pay 50% of the unit’s value, while the company pays the remaining percentage. Below are the key details summarizing the partnership system:
- The client pays only 50% of the unit’s value, while the company pays the remaining 50%.
- The company takes responsibility for renting out the unit at a price that suits the client, ensuring an appropriate return on investment.
- If the unit is not rented out, the client has the right to return the unit to the company and recover all amounts paid.
- To compensate the client for the lack of rental, the company will pay an additional amount equivalent to the bank’s interest.
- The starting price for commercial units eligible for the partnership system is 3.9 million Egyptian pounds.
- One of the conditions for applying the Nile Partners system is that the unit must be of a large size to be suitable for investment.
Facilities and Services in Nile Business City New Capital
Nile Development Company is committed to providing facilities and services that befit its status as one of the most important and largest real estate development companies in Egypt. With global expertise, the company fully understands its clients’ needs and pays great attention to meeting those needs at the highest level. This advantage can be seen through the wide range of diverse services and facilities available in Nile Business City.
And through the following, we will outline the most important facilities and services available:
- Multiple Elevators: To facilitate movement and enjoy the maximum services in the mall, multiple elevators have been provided to ease circulation and mobility.
- Parking Area: The design of Nile Business City includes an underground area dedicated to parking that accommodates 5,000 cars.
- Security System: The project also enjoys a strong security level, utilizing cameras installed throughout the area operating 24/7.
- Fast Internet: One of the most notable services combining essential and entertainment facilities in the mall is the fast internet network.
- Restaurants and Cafés: Nile Business City features a large number of restaurants and cafés located at the top of the building, providing the best hospitality services.
- Swimming Pool: The mall boasts the highest swimming pool, designed on the 48th floor, making it the highest infinity pool.
- Health Center: Enjoy the best hospitality services at the health center associated with the mall, offering spa services, jacuzzi, and more.
- Hospitality Services: Nile Development Company has ensured to provide top-tier hospitality services by collaborating with major hospitality firms.
- Building Management Service: The company has also partnered with leading firms specializing in building management services available 24/7.
- Shopping Center: Nile Business City is centered around the largest shopping center in the New Administrative Capital, featuring thousands of well-known brands.
Investment Advantages in Nile Business City New Capital
The Nile Business project contains all the elements that make it the best investment opportunity in the New Administrative Capital. The tower is located in the heart of the Downtown area, known as the center for major investment projects in the new capital. Additionally, the project includes a large number of diverse units in terms of size and type, which is one of the key investment advantages that allow various clients to choose the unit that suits them.
In addition to the aforementioned investment advantages, the focus on the unit prices in Nile Business City stands out. As previously mentioned, the price per meter for units in Nile Business City has seen an increase of about 455% in less than 3 years. The price per meter at the beginning of the project launch in November 2021 was 45,000 Egyptian pounds, while according to the latest price update from the company in April 2024, it reached approximately 250,000 Egyptian pounds, which equals 41,000,000 Egyptian pounds when calculating the profit rate for a unit with an area of 200 square meters.
And the discussion on the advantages of investing in Nile Business City can be summarized by emphasizing that it is the best investment project experiencing a daily increase in unit prices, making it an easy and secure investment. You can achieve a high financial return simply by purchasing a unit and reselling it after a period, or even by renting it out and benefiting from an annual return of 12.5% for residential units and 24% for administrative units, according to statistics from the developing company itself.
About Nile Real Estate Development Company
The owner of the Nile Business City New Capital mall is Nile Real Estate Development Company, a joint-stock Egyptian company registered on the Egyptian stock exchange and the Investment Authority. Founded in 2000, Nile has built an impressive record of achievements by developing approximately 100 projects in various regions in Egypt, including New Cairo, Mansoura, and the New Administrative Capital.
Through its commitment to the best standards in developing all its projects, Nile Company has earned the trust of its clients and established a distinguished position as one of the leading companies in the real estate sector in the Egyptian market. The company describes its projects as developments that facilitate daily life and bring together innovative minds in unified spaces.
Projects of Nile Real Estate Development Company
- Nile Boulevard Compound, New Cairo
The Nile Boulevard Compound is one of Nile Real Estate Development Company’s latest projects in New Cairo, located in a highly strategic area in the Fifth Settlement. The compound is directly on the Suez Road and just two minutes away from Mohamed Naguib Axis, in addition to being close to many other main roads and areas in the Fifth Settlement due to its prime location.
The Nile Boulevard Compound spans an area of approximately 30 acres, and this space has been fully utilized to develop a sustainable residential community that heavily emphasizes green areas. The green space accounts for about 80% of the compound’s area, providing a green, healthy environment suitable for sustainable living.
The compound features various types of residential units, ranging from medium to large sizes, which adds a touch of luxury to the types of units offered. Nile Company always strives to provide the highest level of luxury and comfort for its clients.
- 31 North Tower Mall, New Administrative Capital
The 31 North Tower Mall is the main driver for Nile Real Estate Development Company’s establishment of Nile Business City, following the great success achieved by the 31 North Mall amid fierce competition from other projects in the New Administrative Capital, thanks to the integrated features of the project.
The mall’s advantages start with its strategic location near key landmarks in the New Administrative Capital, such as the Green River, Almasa Hotel, the Gold Market, and other main attractions. Additionally, the mall is conveniently close to many major roads and axes, including the Northern Ben Zayed Axis, which directly overlooks one of the mall’s facades.
The mall is one of the largest commercial projects in the New Capital, covering an area of more than 18,300 square meters. This vast area has been utilized to design a mall approximately 131 meters tall, resulting in one of the most prominent skyscrapers in the Middle East, capable of competing with famous skyscrapers like the Burj Khalifa in the UAE.
- Taikon Tower Mall, New Administrative Capital
The Taikon Tower Mall is the tallest hotel tower in the New Capital and in all of Africa. Overall, it is considered one of the largest investment projects in the entire Middle East. The project’s enormity extends beyond its size; it is also one of the most comprehensive hotel buildings in the Middle East.
Taikon Tower is located in the Downtown area, which is the center for major investment projects in the New Administrative Capital. The plot MU-32 has been chosen to be the project’s focal point, notable for being in the middle of the Green River, recognized as one of the key landmarks in the New Capital. Additionally, the mall is close to several other important areas, such as the Central Business District, the Government District, and the Al Masa Hotel.
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The Purpose of the Nile Business City Project in the New Administrative Capital
Nile Business City in the New Administrative Capital has been designed “to raise new standards of integrated excellence to exceptional heights,” as described by Nile Development Company regarding its extraordinary project. Indeed, the project has been designed in line with this goal to become the second tallest skyscraper in the New Administrative Capital, after the iconic tower, and it is also considered the tallest horizontal city in all of Africa.
The goal of designing the tower is not just to achieve a record number among other projects, nor is it limited to the visual aspect of the tower as the tallest horizontal city. Rather, Nile Development’s objective goes deeper than just form and height; the company aims to meet the needs of as many clients as possible by providing a vast number of diverse units, equipped with countless services and facilities.
And from the depth of its objectives and the breadth of its investment vision for the project, Nile Development Company has engaged major engineering firms to design every part of the project with meticulous care and according to aesthetic standards that have made the tower one of the most prominent skyscrapers globally, not just locally. This ensures that clients receive a unique investment experience, which is considered a dream that has turned into a tangible reality.
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Disadvantages of Nile Business City in the New Administrative Capital
Nile Business City can be described as “the ideal choice for everyone.” The project truly includes all the features that meet the needs of various clients and investors, starting with its strategic location in the heart of the largest modern investment center in Egypt.
Moreover, with other advantages such as the unique design, vast area, and the large number of diverse units suitable for various purposes and uses, Nile Development Company has designed these units in varying sizes to meet everyone’s space needs, along with the competitive prices offered for all the aforementioned features and even more!
The previous lines are enough to confirm that the project is free from any flaws that clients and investors may find in any other real estate project. It affirms that the tower is the best investment opportunity in the New Administrative Capital, despite the high competition in the area, which includes hundreds of other projects. However, it is difficult to compare them to the Nile Business Tower, as it is the largest in every aspect, not just in terms of area.
