Mall Of Katameya is a huge commercial mall to be built in New Katameya area and will be added to the Egyptian Architecture Square soon, and will be a comprehensive commercial mall with several commercial units to serve the residents of the area and adjacent areas, the developer has developed a well-thought-out architectural and investment plan to ensure the project success in the next phases of its establishment and its funding and for more Details Click Egypt Real Estate.
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Know The Developing Company Of El Katameya Project
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The company responsible for the establishment and development of this project is Marakez Development established in 2015 AD and it is worth mentioning that this company is affiliated with one of the largest known Saudi groups, Fawaz Alhokair Group.
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Marakez Company is specialized in the management of hotels and commercial projects in many provinces of the Republic.
- Marakez has established many commercial projects and famous malls in Egypt, especially the Mall of Tanta, which was designed with international specifications and standards and became a great reputation in the entire Delta of Egypt as it will open the Mall of Mansoura in 2021, as well as establishment of Aeon Compound, which is a full-service residential unit, in addition to the company's investments and significant contributions to Mall of Arab.
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Most Important Services and Features of El Katameya Mall by Marakez
- Since the founding company has a great history of building and designing international malls, El Katameya Mall will not be less luxurious and professional than the rest of the company's works.
- The project was funded by five major banks in Egypt, led by Banque Misr, and the project was financed by 1.5 billion EGP as seed financing for the establishment of the first phase of the project.
- The mall will be ready with all the marketing and entertainment services that will attract people from all over Cairo.
- One of the representatives of the developer of the project confirmed that the mall will include a number of cinemas with IMAX displays, and a number of international brand sales centers.
- The mall will have a large parking lot for visitors and unit owners at the mall.
- One of the basics of the mall's plan is that it will receive a large number of visitors daily and this number will exceed thousands to ensure the success of the project and provide the best services to all its guests.
- Part of the total space will be allocated to the building of the mall and outdoor space around the mall to give it an attractive shape, in addition to the establishment of a hypermarket inside.
Unit Prices in Katameya Mall
Marakez for Real Estate Development was keen to provide high-level services to customers at a competitive price that suits all customers in Downtown Katameya Fifth Settlement, to make it easier for the customer to obtain the unit that suits their investment activity without bearing financial burdens, through the following prices:
- The price per meter for administrative units in Katameya Fifth Settlement starts from 45,000 Egyptian pounds.
- The price per meter for commercial units in the mall starts from 55,000 Egyptian pounds.
Available Spaces in Katameya Marakez
The large area on which Katameya Marakez Fifth Settlement was established and launched provided the opportunity for customers to obtain units that suit their investment activity from among a diverse range of different spaces. The developing company was keen to divide the space with great precision, which is represented in the following:
- The area of commercial units in the project starts from 27 square meters.
- The area of administrative units starts from 15 square meters.
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Benefits of Investing in Katameya Mall
Downtown Katameya in the Fifth Settlement enjoys a huge number of advantages that attract customers and investors to achieve profitable returns on investment. Marakez for Real Estate Development seeks to meet customer needs through the following features:
- The participation of more than one bank in financing Downtown Katameya Fifth Settlement has contributed to providing all the basic and various entertainment services that customers need.
- The investment volume in Downtown Katameya Fifth Settlement reached 1.5 million pounds, which ensures an integrated project that meets all the needs of unit owners.
- The prime location of Downtown Katameya Fifth Settlement is considered an attraction for visitors due to its proximity to all services and residential neighborhoods, which increases the investment value of the mall.
- The exterior design and wonderful modern decorations that have been applied to the latest international styles have attracted visitors to enjoy being in the mall, achieving the highest traffic throughout the day.
- Competitive prices and diverse payment systems are among the most important advantages that Downtown Katameya Fifth Settlement offers, encouraging investment.
- The various spaces and available designs in Downtown Katameya Fifth Settlement provide the investor with a distinguished unit that enjoys all the elements and capabilities that contribute to the success of their project.
- Surrounding the mall with green areas and water spaces is one of the most important features that give Downtown Katameya Fifth Settlement a special and unique character for the comfort of visitors inside the mall.
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El Katameya Mall is one of the most recent projects to be carried out on the land of Cairo, covering an area of 100 acres or about 420,000 square meters, and the rental area of the mall will be 110,000 square meters, and the mall will also include a number of different shopping centers making it have the title of the universal mall deservedly.
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This mall was not built for the purpose of eliminating the needs of the residents of Katameya area, but the founding company confirmed that the project will serve many areas and neighborhoods such as El Mukkatam, Heliopolis, Maadi neighborhoods, New Cairo.
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