Spark Capital Insight Mall New Administrative Capital

From 1,800,000 EGP
Status Under Construction
Delivery Date 2023
Developed by: Brouq Developments

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Details

Project Name: Spark Capital Insight.

About the Project: It has a modern Spanish-style design with luxurious glass facades, and is located in the heart of the Administrative Capital.

Project Location: Located in the middle of Downtown, New Administrative Capital.

Project Space: A large space measuring up to 9,000 square meters.

Types of Units: administrative units, medical units, commercial units, and hotel apartments.

Unit Spaces: Starting from 22 square meters.

Real Estate Developer: Brouq Group.

Payment methods: 10% down payment and the rest in installments for up to 14 years.

Spark Capital Insight is one of the largest and most luxurious malls in Egypt and the Arab world, characterized by its unique location in the New Administrative Capital, it features a beautiful architectural design and attractive views from all the units. There’s also plenty of services available to make it an ideal working and shopping environment.

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Spark Capital Insight Mall Location

Spark Capital Insight is unique in terms of its strategic location, which would make it the first choice for investors in various sectors, such as engineering, medical, real estate, commercial and others sectors. The benefits of this location are summed up below:

  • In the middle of the Downtown area, the most populous area within the New Capital.
  • The real estate company Brouq has chosen MU-23, specifically in the G15 region.
  • It overlooks the Iconic Tower and the Green River, giving all units a magnificent view.
  • Spark Capital Insight mall is located near the New Capital’s main entrance, overlooking Suez City Road.
  • Overlooking the intersection of Al Amal Axis with the Mohammed bin Zayed Northern Axis.
  • Spark Capital Insight is only a few minutes away from The Monorail Station.
  • No more than 10 minutes away from the Government District.
  • The mall is located right in the middle of the New Ccapital's largest towers and malls, such as Podia Tower New Capital and Trio V Tower.

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Spark Capital Insight New Capital Space

Inspired by Spanish architecture, the mall has glass facades that allow plenty of sunlight to illuminate the building, it’s designed with wide interior corridors and has a ground floor and 10 upper floors.

Over 9,000 square meters of land are allocated to the mall, distributed between the main building with 30% of the total space, and the remaining space is left to green landscape, facilities, and services. 

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Available Unit Spaces in Spark Capital Insight

Brouq Development offers different unit spaces to suit all forms of investment, there’s plenty of medical, administrative, and commercial units, as well as restaurants and café, making it the most suitable choice for anyone looking for a distinct location, superior services and international technologies. The unit spaces are divided as follows:

  • The ground floor, first floor, and second floor, all have units starting at 22 square meters, valid for rent on a mandatory three-year contract for restaurant, shops and café owners.
  • From the third floor and up to the eighth floor, units are dedicated to medical activities such as clinics, as well as administrative units and offices. Unit spaces start at 35 square meters.
  • As for the ninth and tenth floors, they are dedicated to hotel apartments with the latest technology and the highest level of luxury and sophistication. It offers five-star hotel services and ensures all means of luxury and comfort for its residents.

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Mall Services

Spark Capital Insight offers high-end privileges and service facilities that make you feel like you live in a Spanish city, most notably the following:

  • Featuring the largest selection of restaurants in the food court, which overlooks a panoramic view of the clear blue sky fading into Green River Park.
  • Inside is a number of cafés that offer the world's most famous beverages.
  • A square with a huge open lobby (Plaza) located on the ground floor, estimated at 3,000 square meters.
  • Spark Capital Insight is equipped with three escalators, as well as eleven elevators throughout the building.
  • There’s a large back area for all the restaurants, to make it easier for employees to move around.
  • The mall is provided with a gym, a spa, and a health club.
  • Spark Capital Insight mall is equipped with many ATMs that enable customers to easily withdraw and deposit funds.
  • The building is fully-equipped with state-of-the-art firefighting systems and fire alarms to evacuate units.
  • Central air conditioning is available throughout the mall.
  • The mall is running on solar energy.
  • A strong Wi-Fi signal is available to all the units.
  • A large space for the garages, with a capacity of 338 private cars.
  • A world-class security system with surveillance cameras covering the interior and exterior.
  • A roof lounge designed to include sky restaurants.
  • Large halls designed to accommodate plenty of visitors, and equipped with huge displays.
  • The first mall to include medical units within the New Administrative Capital.

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Unit Prices

Spark Capital Insight is one of the finest malls in the New Capital, offering exclusive services at highly competitive prices and discounts for cash payments that may exceed 40% of the total unit price. The prices vary according to the unit space and its intended activity, and are detailed below:

  • For commercial units on the ground, first, and second floors (including shops), the prices start at 80,000 EGP per square meter.
  • Administrative and medical units between the third and eighth floors are priced starting at 30,000 EGP per square meter.
  • Commercial units paid for in cash are priced at 48,000 EGP per square meter.
  • Medical and administrative units paid for in cash are priced at 18,000 EGP per square meter.

Payment Systems in Spark Capital Insight Project

Brouq Development offers plenty of payment systems for all units, in order to ensure customer satisfaction. The payment systems are practically unheard of, because you only need to provide 10% as a down payment and pay the remaining amount in installments lasting up to 14 years! The biggest surprise of all is that there’s 0% interest fees.

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Owner Company Portfolio

Since its founding in 2020, Brouq Developments has launched its first Spanish-style projects within the heart of the New Administrative Capital, competing fiercely with all commercial malls in the Downtown area. Since its establishment in 2020, it has collaborated with Qatar High Speed group and NBS Developments, until its investment volume exceeded 8 billion Egyptian pounds. The company is always looking for land in unique locations for its future projects.

It took a concerted effort of several parties to complete Spark Capital Insight mall, some of the prominent names that worked on it include:

  • Mimar Company, which served as the architectural consultant for the project.
  • UAE Space Company as a general contractor for the project.
  • Egyptian Developers, which served as the maintenance and management specialist.
  • Dr. Salah Shadi of Majid Al Futtaim, who worked as the Project Management Officer.

As for Brouq Developments' previous work, it includes:

The following residential projects in New Cairo:

  • Project 124 in the new Narges neighborhood.
  • Starry 3 project in Beit Al-Watan neighborhood.
  • Starry 1, Starry 2, and Starry 4 in Andalus neighborhood.
  • Project I 148 in Beit Al-Watan neighborhood.

Business projects in Doha, Qatar:

  • Brouq Tower with an investment volume of $250 million.
  • Jawan Apart Hotel worth $100 million.
  • Al Fairouz Suites worth $45 million.
  • Garden Center includes Showroom and Offices with a $10 million investment.
  • Rayyan Tower worth $110 million.
  • Khaleej Tower with $95 million in investments.

Other projects by the company:

  • A conference palace measuring 5 hectares.
  • A luxurious collection of tourist resorts with a five-star hotels, totaling 60 hectares.
  • 60 hectare car racetrack.
  • World-class theme park with a space of 60 hectares.

Amenities

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

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