Fifth Square Mall, New Cairo Al Marasem Real Estate Development Company
Fifth Square Mall is one of the commercial projects of Al Marasem Company. The mall is distinguished by its strategic location, as it is located within a vibrant area. The mall will include commercial units suitable for all businesses, for anyone who wants to know more about Fifth Square Mall in terms of its features, services and unit prices, he must ponder reading the following to find out all the details he wants. For more details visit Egypt Real Estate.
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Overview of the real estate developer of Fifth Square Mall
Al Marasem AL marasem developments is the real estate developer of the Fifth Square Mall project. It was established in 1997 and has become one of the leading companies in Egypt.
Al Marasem has not participated in one or two projects, but has participated in dozens of projects over 20 years of experience.
Al Marasem is one of the well-known Bin Laden group of companies, with the knowledge that Al Marasem is headquartered in Egypt.
Among its most important residential projects:
- Fairmont Hotel.
- Fifth Square or Fifth Settlement compound in New Cairo Fifth Settlement
Among its most prominent commercial projects:
Among its most prominent projects outside residential compounds and malls are:
- Inside Sharm El Sheikh Airport, where it established the new building there.
- Heliopolis Club in New Cairo.
- Al Marasem Hospital in Fifth Settlement, which is currently under construction.
- Establishment of cement and iron factories.
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Detailed information about Fifth Square Mall
- The area of Fifth Square Mall is 72,000 square meters, consisting of three floors in addition to the ground floor with escalators to facilitate movement between the mall floors.
- The company has developed a different plan for the success of Fifth Square Mall, which is to apply the principle of participation with the client, meaning that the client will pay half the amount of the unit he will own and the company will pay the other half. The purpose of this plan is to share the mall's success with its customers, in addition to benefiting the owners from the extensive experience of an established company like Al Marasem and entering the real estate and investment field but in a different way.
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Fifth Square Mall Location
- Fifth Square Mall is located on 90th Street, one of the most important streets in New Cairo Fifth Settlement.
- The mall is very close to the American University, about a third of an hour from downtown by car.
Key services provided by Fifth Square Mall
- Fifth Square Mall will include several services, first a parking lot with ample space that will accommodate more than 5,000 cars, it will be safe and equipped with modern technologies.
- The units will be divided professionally, and the company will take into account the diversity of unit areas to suit all tastes.
- For anyone who wants to become a big investor over time, joining Al Marasem in buying one of its mall units will be a great opportunity for you in terms of huge profits and great experience you will gain from cooperating with them.
- Mall unit prices are unparalleled, and units are suitable for all commercial and administrative purposes.
- Security will be present in the mall all day to protect everyone inside.
- Special playgrounds for children will be set up on an area of 649 square meters.
- A hypermarket will be built on an area of 6,391 square meters.
- 53,032 square meters of space for rental units in the mall, which is a great service for anyone who wants to participate in Fifth Square Mall but their financial situation does not allow them to buy one of its units, so they can rent any unit according to their financial capabilities.
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Price per meter and unit areas
- Unit areas start from 60 square meters up to 1,500 square meters.
- Unit prices will range from 6,000,000 EGP to 120,000,000 EGP.
- The price per meter will be 100,000 EGP, provided that the company shares these amounts with the client.
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Payment methods and unit receipt dates
- Payment will be without down payment and the amount will be paid in 4 consecutive years installments.
- The date of receiving the unit will be 2021 AD.
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