Area:October
Description
A Brief Overview of First Plaza Mall Project
First Plaza Mall October Gardens, developed by Al Emarat Development Company, is a new architectural and investment landmark redefining integrated commercial centers in West Cairo. More than just a commercial building, it is a comprehensive destination combining Commercial, Administrative, and Medical activities, serving a wide segment of residents and investors. The mall is strategically located within the Golden Square in October Gardens, an area experiencing rapid urban and investment growth, which guarantees high occupancy and profitability rates for the units.
The project is founded on a clear vision to provide an integrated and sustainable work and investment environment. Al Emarat Development Company partnered with major specialized firms for design and management to ensure the mall meets the highest international standards. This focus on quality and integration distinguishes Real Estate Investment in First Plaza, offering investors a genuine opportunity to own a unit in a project with all the elements of success, from its prime location to its professional management.
The Strategic Location: The Vibrant Heart of October Gardens
First Plaza Mall enjoys an unparalleled location in October Gardens, the premier destination for those seeking Investment in West Cairo. The mall is specifically situated in the Golden Square, a vibrant residential and commercial cluster that ensures high traffic density and continuous customer movement.
The location is distinguished by its direct position on Al-Hay Al-Itali Road (Italian Neighborhood Road), a main artery in the area. This pivotal location ensures easy access to and from the mall, making it a key service center for thousands of surrounding residential units, including the Bank Buildings, Social Housing, and private projects. The selection of this strategic location is the result of an in-depth study of the real estate market and the needs of the area, significantly enhancing the value of Real Estate Investment in this project.
Nearby Landmarks and Main Surrounding Roads
The true value of First Plaza Mall’s location lies in its proximity to the main road network and vital landmarks serving the entire October Gardens area, making it an ideal meeting point for visitors and investors.
Main Roads and Axes:
•Zewail Road: The mall is located directly opposite Zewail Road, easily connecting it to Zewail City of Science and Technology and surrounding educational areas.
•Al-Wahat Road (Oases Road): The mall is a very short distance from Al-Wahat Road, the main axis linking October Gardens with 6th of October City and Fayoum, ensuring accessibility from various parts of West Cairo.
•Al-Batrool Square (Petroleum Square): An important reference point in the area, the mall’s proximity to Al-Batrool Square increases its visibility and ease of access.
Residential and Service Areas:
•Bank Buildings and Eighth District: The mall directly serves major residential clusters like the Bank Buildings and the Eighth District, providing a large and guaranteed customer base for the commercial units.
•Universities and Schools: Proximity to major educational institutions ensures a continuous flow of visitors and clients, especially for the administrative and medical units.
This combination of accessibility and surrounding population density makes First Plaza Mall an unmatched choice for Real Estate Investment in October Gardens.
Services and Features of First Plaza Mall Project
Al Emarat Development Company equipped First Plaza Mall with a comprehensive set of services and features to ensure an ideal work and investment environment and a comfortable experience for visitors.
•Contemporary Architectural Design: Designed by Hafez Consultants, the mall features modern facades and smart internal unit distribution, adhering to the latest international standards.
•Professional Management and Operation: KAD Commercial Property Management handles the management and operation, ensuring the mall’s high standard, necessary services, and the attraction of major brands, thereby increasing the value of Real Estate Investment.
•Integrated Facilities: The mall provides a 24/7 comprehensive security system, modern surveillance cameras, ample garage spaces, modern elevators and escalators, and dedicated recreational areas and landscaping.
These integrated services make First Plaza Mall an attractive environment for customers, ensuring the success of the Shops for Sale in October Gardens, Administrative Offices, and Medical Clinics within the mall.
Unit Types and Starting Areas in First Plaza
First Plaza Mall is a mixed-use project with three main unit types, catering to the needs of various investors and commercial/professional activities.
•Commercial Units (Shops for Sale in October Gardens): Targeting brands seeking to capitalize on the population density in October Gardens. Starting areas are approximately 25 square meters, with units also available from 33 square meters, offering flexible options for investors.
•Administrative Units (Administrative Offices): Serving companies looking for a distinguished administrative headquarters in West Cairo. Starting areas for Administrative Offices are approximately 40 square meters, designed for a productive and comfortable work environment.
•Medical Units (Medical Clinics): Targeting doctors and medical centers near large residential communities. Starting areas for Medical Clinics also begin at approximately 40 square meters, with interior designs tailored to the medical sector’s specific needs.
Starting Prices and Flexible Payment Plans
First Plaza Mall offers investment opportunities with competitive prices and flexible payment systems, making it accessible to a wide range of investors seeking Real Estate Investment in October Gardens.
•Starting Prices: The average commercial meter price ranges between 117,000 EGP and 221,000 EGP. Starting prices for small commercial units (around 33 sqm) can begin at approximately 3,904,000 EGP.
•Payment Plans: Al Emarat Development Company offers highly flexible payment systems, an added advantage for Real Estate Investment:
•System 1: 0% Down Payment with installments up to 3 years.
•System 2: 15% Down Payment with installments up to 4 years.
•System 3: 20% Down Payment with installments up to 5 years.
•Cash Discount: Special discounts are available for cash payments.
These systems allow investors to start their Investment in West Cairo with minimal financial burden and optimal expected returns.
Advantages of Investing in First Plaza Mall October Gardens
First Plaza Mall is a golden investment opportunity, supported by advantages that ensure high returns and low risks in the growing October Gardens area.
•Guaranteed Demand: Located in a high-density residential area, the mall guarantees continuous demand for services and products, boosting rental rates and market value.
•Integrated Activities: The combination of Commercial, Administrative, and Medical units creates an integrated environment where activities mutually support each other, reducing Real Estate Investment risks and multiplying success chances.
•Developer Credibility: Al Emarat Development Company, part of the reputable Al Manshawi Group, provides investors with confidence in the quality of execution and adherence to delivery schedules.
•Professional Management: Management by a specialized company like KAD ensures high efficiency, maintaining the mall’s value, attracting high-quality tenants, and guaranteeing a continuous increase in rental value over time.
About the Developer: Al Emarat Development Company
Al Emarat Development Company is a leading firm in the Real Estate Investment sector in Egypt, and a part of the established Al Manshawi Group.
The company was founded with an ambitious vision to deliver integrated projects in promising areas like October Gardens and West Cairo. Led by Eng. Abdullah Al Manshawi, the company focuses on quality and smart design. Its partnership with specialized firms like Hafez Consultants for design and KAD Commercial Property Management for management underscores its commitment to delivering a comprehensive and sustainable real estate product, making Investing in First Plaza a reliable choice for excellence in the Egyptian real estate market.
