88 Hub Mall is located in the heart of the New Administrative Capital, boasting a prime position with direct views of the Central Park, with a visual reach of up to 200 meters, making it a unique attraction point. Additionally, it is easily accessible through several main roads and transportation means, including the Monorail station and the central station, as well as its proximity to the capital’s key axes, such as the Bin Zayed Axis.
This proximity adds unique value to 88 Hub, making it an unmissable opportunity for investors and companies looking to establish or expand their operations in the heart of the New Administrative Capital.
Eight Real Estate Development offers a wide and diverse range of unique services at 88 Hub Mall in the New Administrative Capital.
At 88 Hub, prices are designed to reflect the value of the diverse spaces within the mall, offering an ideal investment opportunity in the New Administrative Capital. The cost per square meter for each unit varies based on its type, size, and location within the building, with competitive prices starting from EGP 7,990,000 for units available for sale.
For commercial units in the mall, the price per square meter is set at EGP 70,000, and these units are offered with a Core & Shell finish. For administrative offices, prices start from EGP 33,000 per square meter, with complete finishing provided for the offices.
Investors also benefit from significant discounts in the case of full cash payment, making 88 Hub Mall an attractive investment thanks to these special offers.
In the 88 Hub project in the New Administrative Capital, installment systems have been designed according to diverse financial programs that meet different demands and needs. The company offers investors the opportunity to choose distinguished payment plans, starting with a minimum down payment of 10%, with payment periods extending up to 16 years.
For those interested in higher down payments, investment can start with a 40% down payment, with installments spread over 16 years, including a promotional return of up to 11% through 3 cheques, along with a mandatory rental period of 20 years. For lower tiers, there is a 10% down payment installment over 7 years with 3 cheques yielding an 8% return and a mandatory 10-year rental period.
The first five years of operation are free of any operating costs, ensuring a clear return on investment, meaning the client will only pay 55% of the total unit price. Additionally, those interested in commercial and administrative units can make serious reservation payments of EGP 30,000 for commercial units and EGP 20,000 for administrative units, enhancing the chances of securing prime units in the project.
Eight Real Estate was established in 2017 as an Egyptian joint-stock company under the umbrella of the Investment Authority, having founded and developed more than 50 real estate projects and successfully delivered 9 major projects in New Cairo. In their prominent project, the 88 Hub in the New Administrative Capital, the company collaborated with prominent experts in the engineering field.
The company utilized the engineering expertise of Dr. Mohamed Shaker, the current Minister of Electricity, who has extensive experience in major projects such as Mall of Egypt, City Centre Almaza, and City Stars. He also contributed to vital constructions such as the Data Center and the Government and Financial Districts.
In the field of general consultancy and architectural drawings, Eight collaborated with Archplan, led by Dr. Ayman Ashour, the Deputy Minister of Higher Education, who enriched the project with his expertise in the designs of the New Administrative Capital and the Downtown area.
Eight Developments' distinguished project portfolio includes several major projects such as
All these projects reflect the company’s commitment to modern urban development and efficiently meeting customer needs with creativity.
The New Administrative Capital stands out as a major center of innovation and economic development in Egypt, attracting the attention of a wide range of investors, both domestic and international. This city is distinguished by its meticulous design and advancement in infrastructure, elevating it as an ideal platform for rich and diverse investment opportunities.
The city opens new horizons for innovative investments in various sectors such as real estate, commerce, tourism, and logistics. The real estate sector, in particular, is witnessing a boom, with a surge in developing residential and commercial projects to meet the ever-increasing demand.
The New Administrative Capital is also a pivotal point for investment in hospitality and tourism, as it is expected to soon become one of the top tourist destinations. The city also hosts numerous government and administrative projects that attract increasing investment and help enhance its appeal.
The city is equipped with easy access to logistics services such as airports and ports, which enhances its status as a central point for international trade and facilitates cross-border commercial activities. The benefits do not stop there but also include rewarding long-term investment returns, as the New Administrative Capital is a dynamic environment growing and evolving rapidly.
In this supportive environment backed by a legal and regulatory framework that ensures the protection of investor rights, the New Administrative Capital offers an ideal investment environment for local and international ventures, promising to achieve their investment goals and expand their market presence.
