The Tower- New Administrative Capital

From 850,000 EGP
Status Under Construction
Delivery Date 2024
Developed by: Modon Development

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Details

Project name: The Tower.

About the project: It is one of the largest inclusive hotels in New Capital with its distinctive location in the heart of Downtown area, as it was designed on the latest international models

Project Location: In the heart of Downtown New Administrative Capital.

Project space: A vast space where the hotel consists of 10 floors.

Units Types: Units vary among commercial units - administrative units - hotel units.

Units Space: Starts from 36 square meters.

Units price: Starts from 850,000 EGP for hotel apartments.

Owning company: Modon Developments.

Payment systems: The customer pays 10% as a downpayment and the repayment periods extend up to 10 years without interest.

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The Tower Project New Administrative Capital

The Tower is a cultural shift in Egyptian architecture in the heart of New Capital, made by Modon Developments from Joint Egyptian-Kuwaiti Production, to have a head start in creating one of the largest inclusive hotels in Downtown New Capital, which is characterized by its impressive location and interior and exterior designs inspired by stunning international models to add beauty to New Capital and attracts visitors from everywhere.

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The Tower location

Modon Developments always wants to build its projects in vital and distinctive locations, to provide its esteemed customers with every comfort and the highest levels of well-being and security, and that was the spark for starting The Tower New Capital project; the following location has been selected: 

  • The most important area of The New Administrative Capital, which is Downtown.
  • The Tower overlooks the oil companies from its front point.
  • Its back point overlooks Gold Market.
  • It is located near Monorail Station.
  • The Tower has a charming view of "Green River".

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The Tower Space

One of the huge hotel projects in the center of New Capital, as Modon Developments has allocated a space of 2500 square meters for its establishment, so that the hotel is built of 10 floors with a ground floor of a vast space, as the 10 floors are divided into units suitable for all customers, among hotel apartments, administrative and commercial units.

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Project units space

Modon Developments has divided the project into multiple spaces suitable for various purposes, to allow the largest number of investors and visitors to view it as their first and last choice, and these spaces include the following:

  • The units located on both the ground and first floors are allocated for commercial activities with spaces starting from 50 square meters.
  • The second floor has been allocated for administrative units only, the unit space starts from 50 meters as well.
  • Starting from the 3rd floor to the end of the building on the 10th floor, the hotel apartments were built with spaces starting from 36 square meters per unit.
  • Spaces within the project up to 300 meters, for lovers of vast spaces and luxury.

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The Tower New Capital services

Modon has not forgotten the aspirations of those looking for a distinguished modern life in New Capital, and set its goals well to launch to the whole world a hotel that provides various services. Everything you may need, you will definitely find around you with the least effort. The company launched the slogan "Your House Stays in the Hotel" on the project and provided it with the following services:

  • An amazing view of "Green River" so that its residents can enjoy a stunning view.
  • Green spaces and a distinguished tourist walk for cycling and enjoying the fresh air.
  • Many swimming pools.
  • Paying attention to the element of security and providing the hotel with high-quality HD surveillance cameras.
  • Providing recreational services such as gym and spa, with a health club.
  • Protecting the hotel with highly trained security personnel working 24 hours a day to provide the best comfort and safety for the customer.
  • The building is interspersed with many artificial lakes to enjoy a distinct view from all sides.
  • Providing outstanding maintenance and service area.
  • There are many cafés and restaurants from the world's most famous brands for fun.
  • A mall to provide outstanding services to the hotel's visitors and residents.
  • Hospitals with the highest levels of professionalism and experience, equipped with state-of-the-art specialized devices and clinics.
  • The customer can choose between receiving administrative and commercial units, either semi-finished or fully finished, according to the contract.

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The Tower Project prices

Due to strong competition of real estate companies in New Administrative Capital, Modon Developments has provided the best offers, prices, and discounts that distinguish it from others, to enable the customer to get the best services at the lowest prices and become a resident of New Capital City at the lowest costs. As follows:

  • The price per square meter in commercial units starts from 50,000 EGP, to be agreed in the contract that the unit will be delivered semi-finished.
  • The price per square meter in administrative units starts from 20,000 EGP, to be agreed that the unit will be delivered fully finished and includes air conditioning.
  • For hotel apartments, the unit is sold as an “apartment” inside the hotel with a total price starting from 850,000 EGP for the first time inside New Administrative Capital, and the delivery of the unit is fully finished and includes furniture and electrical appliances.

Payment systems in The Tower Project

Modon Developments has introduced several payment systems to suit the needs of each client and announced that all project units will be under delivery from 2024 AD, so the customer can receive the unit before it is fully paid according to the following payment system:

  • The possibility of paying a downpayment of 10% of the total unit value.
  • Start installments of the remaining amount over 10 years from the time of downpayment.
  • Pay equal payments without interest.

The company also offers a query feature for these units and all available payment systems that suits client, by communicating with one of the company's customer service representatives via calling the following numbers:

  • +201061833891
  • +201061833896

Owner company and previous works

Modon Developments is the main responsible and executor of The Tower New Capital project. Facil company, which is famous for its preference in managing major international hotels, including Hyatt Regency, Versace, Jumeirah, Atlantis, and Dusit, participates in the implementation of the project, so the project became a Joint Egyptian-Kuwaiti Production with global hotel management, and the company considered it one of the most important projects that it has built since its establishment.

The company has an investment volume of more than 10 billion EGP and targets investments of 3 billion EGP inside New Administrative Capital. The company was not limited only to real estate activity but was also concerned with everything related to contracting, including decorations and finishes, plus being the manufacturer of the finest building materials.

Modon Developments is always keen on constructing cement buildings such as comprehensive and integrated projects, aiming to introduce new, modern, and additional value in the architectural, real estate, and engineering fields, and to keep up with global progress and achieve it within the regional lands committed to state-of-the-art styles that have been agreed upon and taken as a platform for progress in the implementation of projects inside New Capital, including The Tower project, achieving the concept of smart buildings with its high-end services that serve what the state seeks to achieve in the land of the capital.

As for the company's previous works, we can't mention everything that this long-standing company has built. But for example, we can mention the most prominent as follows:

  • "Festival Tower" hotel in the heart of New Administrative Capital.
  • "Modern Hotel & Residence" in Administrative Capital.
  • "Mina Zayed" project.
  • Hudayriyat Island.
  • Jubail Mangrove Park.
  • A number of seven mosques in Abu Dhabi.

Amenities

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

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