Dahab Development opens booking of ITC project at New Capital
The company has launched ITC project for booking after the completion of
40% of its
constructions, says Nader Adeeb Moawad
Company provides various payment systems suitable for all customers in
addition to a mandatory lease contract upon operation, says Sherif Moawad
Delivery of project units is scheduled in the last quarter of 2022
Dahab Development, one of the leading companies in
real estate sector, announced the launch of
ITC (Iconic Trinity Complex) project, the company’s first
project in the New Administrative Capital, for
booking after completing more than 40% of its constructions.
The ITC project is located in the most distinguished area in
New Capital’s MU23 area on an area of 8,000 sqm with investments
worth EGP 500m.
Chairman of Dahab Development Nader Adeeb Moawad stated
that the company has launched
the first phase of the project for booking, which includes
administrative, commercial and medical
units with various areas that suit all customers’ needs, starting
from 50 to 1,300 sqm.
Moawad added that the Iconic Trinity Complex project is
situated in MU23, which is a
distinguished service area located between R2 and R3, directly
in front of Al Amal Square, where
the Monorail 18 station is.
He pointed out that the company decided to open reservation in
the project, after achieving great construction rates, added, “We raised the slogan “Book your unit and receive within a year”,
which is the best delivery dates in the New Capital market, thus
the project units are scheduled to be delivered by the end of next
year.”
The project enjoys unique advantages and privileges, moreover,
it is located on the most
important axes of the New Administrative Capital, Bin Zayed axis,
and Al Aml axis, which is a few
minutes away from the iconic tower, the highest in Africa in the
central business district.
For his part, Sherif Moawad, a member of the company’s board of directors, stated that the company
presents exclusive offers
to customers besides a mandatory lease contract with a number of major
brands immediately after receiving the unit, with a return of up to 28% for
administrative units and a return of 15% for
commercial units. Furthermore, the company provides various payment
systems to meet needs
and aspirations of customers with payment plans up to 7 years.
He pointed out that delivery date is one of the most prominent
advantages of the project
compared to other projects, noted that the company is working to
provide a distinctive real estate product of the highest quality.
“We target Egyptian and non-Egyptian customers, Arabs and foreigners, and this pushes us to develop
the project according to
the highest construction standards globally using the latest
technologies,” Sherif disclosed. “The total size of the project
is 25,000 sqm, with built-up area reaches 30% of the project size, at 3,450 sqm per floor, featuring
10 floors. The building
also includes two basements on 16,000 sqm to accommodate 600 cars.”
He noted that the company plans to develop the project according to
the highest quality and the
latest technologies. ITC mall is integrated and features all necessary services and means of
safety and protection,
including fire pumps, water tanks and pumps, a rainwater collection tank, emergency exits and ladders, in addition to
the distribution of fire
extinguishers in consonance with the Egyptian code.
He stressed that Dahab Development has a great experience of nearly
two decades in the
European and Egyptian markets. The company was established in Egypt in
2007 as a real estate
developer and a pioneer in construction and real estate industry. The company
has succeeded in
developing and delivering projects on an area of more than 50,000 sqm in
different areas including New Cairo. Likewise, the company has distinguished
businesses and investments in Germany and
the United Kingdom, as well as, it plans to provide more flagship projects to
the Egyptian market
and make optimal use of huge opportunities currently offered in construction
and real estate
sectors.
