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Project Name: Diamond City.
About Project: It is the largest and most luxurious residential, administrative, commercial, and entertainment project in the heart of the New Administrative Capital.
Diamond City Location: it is located in a privileged location in the heart of the New Administrative Capital, it also characterized by overlooking the Green River.
Project Space: It has a vast investment area of about 4 million square meters, and the land area is approximately 2.5 million square meters.
Units Type: The size of the units varies among duplex apartments, penthouses, and twin houses, as well as administrative and commercial units.
Price per meter: it starts from 18000 EGP per meter.
The Developer Name: Alliance World Wide Consortium (AWWC) with cooperation with Sabbour Consulting.
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It was recently announced the launch of The Diamond City New Administrative Capital project which is set to be the largest and most luxurious residential, administrative, commercial and entertainment project in the heart of the New Administrative Capital, huge investments have been monitored and all human and material efforts have been mobilized to make this project to reach the highest levels of luxury and sophistication, where customers will find all the comforts and entertainment they dream, it is truly a starting point towards the horizons of the future.
Location of Diamond City Sabbour
A special location has been chosen for Diamond City New Capital Egypt, and with looking into the map of the New Administrative Capital, Diamond City is within the most vibrant area overlooking the Green River, the largest central park in the Middle East, with a stunning landscape.
The project is also approaching The Downton area, one of the most vibrant areas in the New Capital.
The project's strategic location is unique near the New Capital's important neighborhoods, especially the Diplomatic Quarter.
The location is close to the main roads and hubs, making it easy to reach.
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Area of The Project
A vast investment area of about 4 million square meters has been allocated to the project, and the land area is approximately 2.5 million square meters.
The project is a group of skyscrapers and towers that are equally beautiful and magnificent to Dubai towers, ranging in height from 60 meters up to 180 meters.
The size of the units to be included in the project ranges among duplex apartments, penthouses, and twin houses, and will also include administrative and commercial units with spaces to suit all customers' tastes and desires.
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The most important services within Diamond City Compound New Administrative Capital
The owner company provided all customers' needs by providing all basic and entertainment services, in addition to comfort, privacy, and security.
- The project includes a huge commercial area with many different stores containing the most luxurious international brands, which makes the shopping process enjoyable.
- Inside Diamond City, there are modern electric elevators to move between floors easily and reduce overcrowding.
- Large parking garages to reduce congestion inside the compound and maintain the civilized form.
- The Diamond City compound contains wide bikes, walking and running tracks, providing them with safety away from cars, amidst green spaces and fresh air.
- Attention to the educational aspect, as the owner company provided a variety of educational services with a group of the best teachers.
- Within the project, there are health services and clinics with the latest medical equipment and the best doctors to receive emergency cases, and there is also a pharmacy that works all day to provide all kinds of medicines to the residents.
- Restaurants and cafés with upscale designs provide the best services for your favorite meal in a quiet atmosphere.
- Inside Diamond City, there are fire alarms and firefighting systems to reduce damages.
- Various entertainment services for adults and children to enjoy the best times in the company of friends.
- Providing security and guarding services in the Diamond City project at the highest level and providing the project with high-quality surveillance cameras to ensure the protection of guests.
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Features available in Diamond City New Capital
Do not miss the opportunity and book your unit now within the Diamond City Project New Capital and get all the advantages, the most important of which are the following:
- The spread of green spaces, gardens, and parks within Diamond City, which are calm, so that residents can enjoy the picturesque landscapes and breathe the fresh air.
- The most important feature of the project is its privileged location in the heart of New Administrative Capital, near the main roads and axes, for easy transportation to and from it.
- Within the compound, there is a strong infrastructure that can accommodate recreational facilities and services.
- All units have modern designs that are characterized by luxury and sophistication.
- Attention to providing a garbage and waste collection system to maintain the cleanliness of the project.
- There are also water bodies within Diamond City, characterized by their crystal waters, which give a sense of psychological comfort and give an aesthetic view of the project.
- The project is characterized by its wide streets so that the guests get more privacy, and reduce congestion.
The Mall Investment Volume
As mentioned above, the promising project will be built on an investment area of about 4 million square meters at a price of 18000 pounds per meter, and Egypt’s Administrative Capital for Urban Development (ACUD) has given The Alliance a six-month opportunity to pay 100 million USD as a down payment of the price of the land.
It is worth mentioning that this project will be implemented with a revenue partnership system, by 55% for Alliance World Wide Consortium (AWWC) and 45% for ACUD company, in order to achieve the principle of the Egyptian government to encourage foreign investment and create new jobs in the Egyptian market.
The total investment of the project amounted to about 100 billion Egyptian pounds over 7 years.
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The Executing Company
The contract was signed by Egypt’s Administrative Capital for Urban Development with Alliance World Wide Consortium.
Hussein Sabbour office was also selected for giving all consultants about the project at all its phases of its implementation, during its construction period that expected to proceed for up to 7 years.
Alliance World Wide Consortium is one of the largest European alliances, comprising a wide range of international companies and represented in Egypt by the local partner Smart Construction Company (SCC), and this fruitful cooperation will produce Diamond City New Administrative Capital.
At the beginning of July 2020, coinciding with the Egyptian state's celebrations of July Revolution, the partnership contract was signed by Major General Ahmed Zaki Abidin, Chairman of ACUD, and Mohammed Mahmoud Al Brahmi, Chairman of Smart Construction Company.
In the presence of the leaders of the two companies, Engineer Omar Sabbour, Vice President of Sabbour Consulting, and Chairman of Boueri Engineering Planning and Consulting Offices (BEPCO) Gebran Youssef Boueri.
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It is worth mentioning that it was confirmed during the signing of the agreement that the financing of Alliance World Wide Consortium for the project will be from abroad without the Egyptian state incurring any financial burdens.
In summary, Diamond City Capital Project is a huge project which its first details has been announced that predict to be one of the most luxurious and largest projects of the Administrative Capital, where the international and local companies long-standing in the field of real estate investment has been cooperated in its execution, and was provided with a huge financing, which guarantees the provision of a strong infrastructure for the project and many diverse and distinctive services, as well as the selection of a distinct site for its construction, the core of the project has been revealed, which indicates the growth of a large entity will find a quick and distinctive place on the New Administrative Capital.
A new life, additional job opportunities, and distinctive investments made by the compound on Egyptian soil deserve attention and waiting, it is truly a shining pearl and a bright gem on its way to shine in the skies of the Egyptian New Capital.
The company has established a number of projects, including:
- Keeva 6 October project.
- Green Square Sabbour New Cairo.
- Eterna Healthcare City.
- The City Of Odyssia Al Mostakbal City.
- Phia Il Monte Galala.
- Gaia North Coast Resort.
- The Yard Project.
- Zoya Ghazala Bay North Coast.
- Katameya Hills Compound New Cairo.
- Medical Park Elite.
- L'avenir Compound in New Cairo.
- Aria Sabbour Compound in New Cairo.
- Medical Park Premier.
- Rare Mostakbal City
- Amwaj North Coast
- Quintas Gaya North Coast
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- Swimming pools
- Shopping center
- Commercial area
- Social Club
- Health club and Spa
- Water Fountains
- Aqua park