Shop 70m for sale in Double Two Tower New Capital

Shop for Sale in Double Two Tower - New Capital

 
Reference: GB63072
EGP 9,590,000
Category:
Shops / Sale
Price:
EGP 9,590,000 Installment
Price / Sqm:
EGP 137,000 Per Sqm
Store Type:
Other
Finishing Status:
Core & Shell
Area:
70 M2
Floor No.:
1
No of Floors:
Delivery Date:
2026
Allowable height:
Last Updated:
Thu 18 May 2023

The Double Two Tower, located in New Administrative Capital of Egypt, is a symbol of modernity and innovation. This impressive tower is set to become one of the most iconic landmarks of the region, boasting a unique design that blends contemporary forms with traditional Middle Eastern elements.

Designed by renowned Egyptian architect Mohamed Salaheldin, the Double Two Tower is a LE 1 billion ($63.6 million) project to be completed by 2022. The tower consists of two interconnected buildings that emanate from a central core, with one tower accommodating offices and the other comprised of luxury apartments.

The commercial building features 30 floors, providing ample space for offices, medical clinics, and food courts. The residential building also boasts 30 floors, containing 210 luxurious apartments that showcase unmatchable views of the city.

With its innovative design and state-of-the-art facilities, the Double Two Tower provides an ideal investment opportunity for both local and foreign investors wishing to explore the Middle Eastern real estate market. Located in a prime location, it offers easy access to the main road networks leading to Cairo and other parts of the country.

Additionally, the tower is surrounded by a vibrant and dynamic community, designed to offer a range of cultural, entertainment and leisure facilities. These include parks, shopping centers, schools, hospitals, and mosques, appealing to all walks of life.

The project is in line with the Egyptian government’s vision to transform New Administrative City into a smart, sustainable and modern city. The Double Two Tower is set to play a critical role in this transformation by contributing to the growth of the real estate sector and reinforcing the city's position as a leading hub for commercial, social and cultural activities.

As a lawyer, I recommend that foreign investors should seek legal advice before investing in the property market in Egypt. Understanding the Egyptian legal framework is crucial in completing an investment in compliance with legal regulations and avoiding any disputes that may arise after the transaction.