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Project Name: Verona Mall.
About the Project: It is Capital Link’s primary investment in the New Administrative Capital, with an investment of over 700 million EGP to cover the cost of implementing the project.
Verona Mall Location: Verona Mall has been carefully selected as the Administrative Capital of the Downtown Mu19 region.
Mall Space: an estimated 2,085 square meters.
Types of Units: commercial – administrative – medical.
Unit Spaces: Starting from 25 square meters.
Price per meter at Verona Mall: The price per meter starts at 50,000 EGP depending on the type of activity.
Payment Methods: down payments start from 10% and installments up to 9 years.
Verona Mall the New Administrative Capital
Verona Mall by Capital Link is the company’s first investment in the New Capital, estimated at 700 million EGP to cover the cost of building and implementing the project. Verona Mall is expected to be of great importance thanks to its privileged location near facilities and lively main roads, as well as the high level of services provided to buyers within the project.
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Verona Mall New Capital Location
Verona site was selected in the Downtown area Mu19 in the Administrative capital, near many landmarks such as:
- Al-Fattah Al-Aleem Mosque, The Cathedral of the Nativity of Christ, headquarters of the Presidential Palace.
- The New Capital International Airport, which is only 20 minutes away.
- From the mall, you can reach the Fifth Settlement in 10 minutes.
- There are several major roads leading to the mall and connecting it to other important locations such as Teseen Street, Suez Road and Al Ain Al Sokhna Road.
- Finance and Business District
- Ministerial Buildings.
- Central Bank and other bank branches.
The Downtown area, where Verona is located, is an integrated commercial entertainment service area with various types of administrative and commercial activities, making the mall very close to:
- Green River Park
- Government District
- Monorail Train Station
- The Opera House and Al Masa Hotel.
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- Verona Mall has been designed with a smart management system called the intelligent building system, which uses the latest technology to provide the user with easy control over their unit, including internal temperature, video and audio devices, lighting, and ventilation levels.
- The glass facades allow optimum views of the outdoor landscape.
- Verona mall relies on renewable energy sources and saves the surplus power until it is needed.
- Central air conditioning and purification system.
- Security and guard services, using the latest technology to secure the mall.
- Service units provide the needs of staff and visitors in the building, such as a pharmacy, supermarket and places of worship.
- Fire and emergency control system.
- The rooftop has sky lounge relaxation areas
- Panoramic elevators.
- Fiber optic phone communication lines.
- Two underground floors for parking spaces.
- Spacious interiors with a ceiling up to 4 meters high, a distinct design with marble entrances and high quality finishes.
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- The mall occupies an estimated 2,085 square meters of land with distinctive views of the surrounding Downtown area.
- Verona mall is up to 8 floors high plus a ground floor and two underground garages.
- The ground, first, and second floors are occupied by commercial units with spaces starting from 25 and up to 95 square meters.
- The third floor is dedicated to medical units with areas ranging from 26 square meters to 84 square meters.
- From the fourth floor of the building to the eighth floor they are dedicated to administrative units that are available in a variety of areas starting from 26 to 84 square meters.
- Unit design is available in different models to meet all needs and meet all aspirations.
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Prices and Payment Systems
Prices provided by Capital Link to purchase units within the project vary depending on the type of activity. Below, you should get a good estimate of the price per square meter:
The price of a square meter in administrative units is 18,000 EGP, while the medical units are 22,000 EGP per square meter. Commercial units on the ground floor are 90,000 EGP per square meters, the first floor is 70,000 EGP, and the second floor is 50,000 EGP.
Payment systems are available as follows:
- Installments paid within 5 years with 0% down payment.
- 6-year installment system with a down payment of 10% of the unit price.
- 7-year installment system with a down payment of 15% of the unit price.
- 8-year installment system with a down payment of 20% of the unit price.
- 9-year installment system with a down payment of 25% of the unit value.
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Owner Company Portfolio
Capital Link, the owner of Verona Mall, is a promising company that began its real estate investments in the New Administrative Capital
Besides Verona Mall, Capital Link had a strong start since its inception, as it participated in many major projects such as Dorado project in the Administrative Capital, which is a project suitable for a multitude of activities and provides fully finished commercial and administrative units in the downtown area. There’s also Solano Mall, which is still under construction. They’re working on a number of projects within 4th generation cities throughout the country, which will be announced later.
The sites selected by Capital Link have a high investment and economic value that will be the most important driving factors for the purchase of units.
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Capital Link competencies
Capital Link is managed by Engineer Ashraf Badie, who has extensive experience in the field of real estate development in Egypt, as he participated in the implementation of a number of major and leading projects in Cairo and the Red Sea
For 20 years, the projects he supervised had a futuristic vision that allows them to compete with major projects in the developed world. They were also a major reason for creating jobs, attracting investments, and achieving the expected returns..
Real estate projects implemented by Engineer Ashraf Badie were not only in Egypt, as he also participated in important projects in the Arab world in general and the Gulf region in particular.
- Shopping center
- Commercial area
- Health club and Spa
- Water Fountains