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Egyptian Gazette
Home Business Real Estate

Dahab opens reservation for 2nd phase of ITC project at New Capital

by Hamed Mahmoud
February 14, 2022
in Real Estate
Dahab opens reservation for 2nd phase of ITC project at New Capital 1 - Egyptian Gazette
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Dahab Development, one of the leading companies in real estate sector, has opened the door for unit reservation in second phase of its first project in the New Administrative Capital, Iconic Trinity Complex (ITC), after succeeding in selling the units of the first phase within a short period.

This reflects the noticeable demand for the project and its distinction, and the confidence of customers in feasibility of investing in it, in addition to the strength and attractiveness of investment in the New Administrative Capital.
The company will launch a new real estate product in the second phase comprises medical units in various areas to suit needs of customers, with sizes starting from 50 sqm, at a price of EGP 2m and installment plan up to 8 years.

Nader Adeeb Moawad, Chairman of Dahab Development, said that reservations are open for the second phase of the project, which includes a distinguished group of units with varying spaces ranging from 50-1300 sqm, added that the project spans over 8,000 sqm.

He noted that the project is located in the most distinguished areas of the New Capital in MU23 area, which is a distinct service area located between the second residential neighborhood (R2) and (R3). Additionally, it is situated on the most important axes of the New Capital, Northern Bin Zayed axis, and Al Amal axis, which is a few minutes away from the iconic tower, the highest in Africa in the Central Business District.

For his part, Sherif Moawad, a member of the Board of Directors of Dahab Development, stressed the company’s keenness to provide a distinguished and unconventional real estate product that achieves the highest investment returns for client and meets his aspirations and ambitions.

Sherif Moawad elaborated that the company has contracted with major consulting companies locally and internationally, to be successful partners to ensure the project will come out in its best form, led by the Lebanese Chaddad Group to take over the internal finishes of the project. Besides, YBA Architects headed by Engineer Yasser Al Beltagy to prepare the project designs, and PROMET Company  headed by Walid Abdel Ghaffar for Electromechanical Works, and ITC is responsible for the project construction works.

Tags: Dahab DevelopmentITCNACNew Capital

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