Office 39m for sale in Dorado Mall New Capital

Office for Sale in Dorado Mall - New Capital

 
Reference: GB64436
EGP 1,367,180
Category:
Offices / Sale
Price:
EGP 1,367,180 Installment
Price / Sqm:
EGP 35,055 Per Sqm
Finishing Status:
Super Lux
Area:
39 M2
Floor No.:
10
No of Floors:
Allowable height:
Last Updated:
Wed 10 May 2023

As an accountant, I would like to focus on the financial aspect of the new Dorado Mall in New Capital, Egypt. This mall is one of the most highly anticipated projects in Egypt, with a planned investment of around 800 million Egyptian pounds ($50 million), and is being developed by the Wadi Degla Group. With a total area of 91,000 square meters, the mall is expected to be a major shopping destination in the New Administrative Capital.

The new Dorado Mall is expected to generate significant revenue for the developers and other businesses operating within the mall. The mall is expected to have around 280 shops, including international brands, a hypermarket, an 8-screen cinema complex, and a family entertainment center. The mall will also include a food court, a restaurant area, and a parking lot with a capacity of around 2,500 cars. All of these amenities are expected to attract a large number of visitors and customers, which will translate into significant revenue for the mall.

From an accounting perspective, the development of a new mall of this magnitude involves significant financial investments in terms of land acquisition, construction, marketing, and operational costs. As an accountant, it is important to evaluate the financial status of the developers and their ability to handle such investments. In this case, the Wadi Degla Group has a strong financial position, which is reflected in their numerous successful projects, including real estate, sports clubs, and hotels.

Furthermore, as the mall begins its operation, it will need to ensure that its expenses are being monitored effectively, that its revenues are managed efficiently, and that its financial statements reflect an accurate representation of the mall’s financial health. This will require the mall’s accounting team to implement a robust accounting system that can provide real-time financial updates, as well as an experienced and knowledgeable accounting team to manage the financial reports and statements.

In conclusion, the new Dorado Mall in New Capital, Egypt, is an exciting project that has the potential to be a major shopping destination in the region. From an accountant's perspective, the success of this project will depend on effective financial management, which includes a strong initial investment, robust accounting systems, and skilled accounting professionals to manage its ongoing financial operations. Overall, the new Dorado Mall has the potential to be a significant contributor to the economy of the New Administrative Capital and Egypt as a whole.

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