Vida Mall New Capital

From 630,000 EGP
Status Under Construction
Delivery Date 2024
Developed by: Locations Developments

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Details

Project Name: Vida Mall.

About the Project: A successful project in a site chosen by Locations Developments to by in the Downtown area of the New Administrative Capital.

Vida Mall Location: Vida overlooks the Green River, this huge central park that adds to any beautiful position.

Veda Mall Space: about 2,410 square meters.

Types of units: various units between administrative - commercial - medical.

Unit Spaces: Available in many sizes starting from 14 square meters.

Payment methods: 5% downpayment and various installment periods up to 9 years.

Own Your Unit in Vida Mall and Enjoy the Best Services and Prices in the New Administrative Capital

Vida Mall by Locations Developments is a shining star in the Administrative Capital. Located in the heart of the Downtown area, it offers a variety of unit spaces, modern designs, and dazzling décor.

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Vida Mall New Capital Location

The company that owns Vida Mall has chosen a vital and strategic location for this huge project, located in sections 4 and 8 in the second row in The Downtown area, the most active and popular area of the Administrative Capital.

Location features:

  • Very close to other large projects such as Pyramids Mall, Za Mall, Evira Mall, as well as the famous Mercury Mall.
  • Vida is close to the famous Solidere Mall, the latest project by Waren Developments.
  • Many projects are close to the mall, including Point 9 Mall and Doja Mall.
  • Vida mall overlooks three large main streets with a width of 90 m, 70 m, and 60 m.
  • The mall overlooks Green River Park, giving it a beautiful view.
  • It’s easy to travel to and from the mall because it is located near the ring road and is very close to Mohammed bin Zayed Northern axis.
  • Close to the new museum and the opera house.
  • The location is close to the new mosque.
  • The luxurious Al Masa Hotel is a few steps away from Vida mall.
  • The important new administrative districts are located near the mall, especially the government district, which houses the headquarters of ministries and government agencies, and the financial district where the banking and stock exchange headquarters are located.
  • Vida mall is a few minutes away from central station.

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Available Space

The project is very large, covering about 2,410 square meters. Vida mall buildings only cover 30% of the allocated land, while the remaining space is dedicated to services, green spaces and trees.

The units available in the mall are suitable for all activities, as there are spaces suitable as administrative or commercial units, and others better suited for clinics and medical centers.

Locations Development offers a unique feature to all the unit owners, which is a free outdoor terrace space to accompany their unit. Other projects offer these outdoor spaces for 1/3 of the price of interior space, or they simply rent it out.

Vida New Capital as a whole consists of the ground floor, topped with eight consecutive upper floors. These floors are divided as follows:

  • The first floor is dedicated to commercial units with plenty of space, ranging between 14 square meters and 30 square meters.
  • Floors from the second floor to the eighth floor are allocated to administrative and medical units, with spaces starting from about 42 square meters.

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Services and features

Choosing a unit at Vida Mall means enjoying a wide range of basic and recreational services and facilities, the most important of which are:

  • The mall has a modern exterior design that attracts customers. The double-glazed glass facades ensure the entry of natural daylight while isolating units from sources of noise and pollution.
  • The mall building has a dedicated loading area, making it easier to transport goods and equipment.
  • There is central air conditioning systems that encompasses the whole building.
  • It’s easy to navigate between the mall floors thanks to the modern escalators and elevators.
  • The developer has a contract with a management and maintenance company.
  • The mall relies on solar power for 50% of its power consumption. It also has backup generators in case of power failure.
  • Connecting with customers is easy because there is high-speed Wi-Fi service.
  • There's a smart system used to collect waste and garbage.
  • The mall has 24-hour guards and security services.
  • All parts of the mall are monitored by sophisticated digital surveillance cameras.
  • There's a sky lounge.
  • Rooms for meetings, seminars, and conferences with state-of-the-art equipment.
  • Open outdoor seating spaces surrounded by a range of luxury cafés and restaurants.
  • Recreational services have been provided, such as a high-end health club, and there is also a swimming pool.

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 Prices and payment systems

Prices at Vida Mall are unbeatable, as the owner company has made many offers and discounts for the first time in the Administrative Capital.

 The announced price were as follows:

  • The price for ground-floor units starts at about 85,000 EGP per meter.
  • The price for first-floor units starts at 45,000 EGP per meter.
  • The price for third-floor units starts at about 23,000 EGP per meter.
  • The fourth floor includes units priced at 22,000 EGP per meter.
  • The Fifth-floor units are priced at about 21,000 EGP per meter.
  • The price for the sixth and the seventh floor for medical and administrative units starts at about 18,000 EGP per meter.

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The company aims to keep customers comfortable, so it provides payment systems as follows:

  • 0% downpayment, with 5% of the total unit price paid after six months of contract, then another 5% paid on unit delivery. The remaining amount is paid in equal installments for six years.
  • Pay 10% of the unit price as a downpayment, then pay 5% after six months, 5% as a receipt payment, and the remaining amount in installments for 7 years.
  • 20% downpayment, then 5% after six months, and another 5% on unit delivery. The remaining amount is paid in equal installments for nine years.
  • 25% downpayment, then 5% after six months, 5% upon delivery, and the rest is paid in equal installments for nine years.

Please note that the company delivers administrative and medical units with Super Lux finishes, including air conditioning.

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About Locations Developments

Mall Vida is the second project offered by Locations Developments in the New Administrative Capital. It is considered one of the largest real estate development companies in Egypt.

It is a major company emerging from the merger and partnership of two of the largest real estate companies:

  • Diar Misr for Engineering Consultancies

It has been working in the real estate market since 2000 and has presented a large number of projects, especially in New Cairo in the Area of Choueifat, Arab Golf, Al Narges, El-Koronfel, El Banafseg, South of Academy, and Bayt Al-Watan

 In addition to submitting other projects in Maadi and Meraj, about 90% have been delivered already.

  • Al-Wejhaa Real Estate Developmens

It is also a giant real estate company owned by some of the most successful Egyptian businessmen living in Saudi Arabia for more than 35 years, they have worked for a long time in the field of sanitary wares and own many factories in China and Saudi Arabia as well as Spain.

The company entered the real estate market more than 12 years ago during which they presented a large number of residential projects and towers in their home city, Tanta. All these units were sold, giving the company the needed financial liquidity to reinvest in more successful projects.

From the above, it can be said that Locations Developments is a giant company, because it is the product of the merger of two large entities. This cooperation was successful in creating their first project in the New Capital, which is Marvel Mall located on Al Amal Axis in the region No. MU 23.

It was followed by the Vida Mall project, in addition to owning two other plots of land in the Administrative Capital, the first in the government district and the second in the Downtown area, an indication that it will continue to offer more giant projects in very distinctive locations.

Amenities

  • Security
  • Shopping center
  • Commercial area
  • Mosque
  • Health club and Spa
  • Water Fountains
  • Cinema

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