UC Development recently introduced its latest project, East Tower, located in the new administrative capital of Egypt. The development is an expansive mixed-use project, featuring a luxury residential tower, a commercial space, and a hospitality component. With its strategic location, lavish amenities, and investment opportunities, East Tower promises to become a prominent landmark in the new administrative capital.

The East Tower is a 27-story high-rise tower, comprising 190 luxurious apartments spread over the top 19 floors. Each spacious apartment is designed with unique features and layouts to cater to individual preferences. The apartments range in size from 115 m² to 280 m², offering residents options of 2, 3 and 4 bedrooms, each featuring a balcony or a terrace with an excellent view of the surrounding landscape.

The East Tower's features and amenities are curated to cater to the residents' comfort and luxury. From the rooftop infinity pool, state-of-the-art fitness center, to the lounge and cigar bar, East Tower boasts unmatched facilities to match a lavish lifestyle. Additionally, residents will enjoy access to concierge services, housekeeping, and 24/7 security, among other services.

The commercial component of the project is situated on the first eight floors of the development. The spaces are designed to allow a broad range of businesses to flourish, from high-end retail stores to renowned restaurants and coffee shops. The commercial area will feature over 100 outlets and has a total area of 13,000 sqm. The hospitality component of the project is comprised of serviced apartments akin to short term rentals, featuring a total of 60 units on floors 9-11 at a total size of 3,500 sqm.

East Tower's location in the New Administrative Capital, Egypt's newly established administrative center, presents several investment opportunities. The fast-growing city presents a high potential for capital appreciation yields, an enticing reason for both domestic and international investors. Recently, the Egyptian government announced several megaprojects to build the city, including a new international airport, a 345-metre-tall tower, and a cultural district, among others, enabling massive capital appreciation to occur in this new regional capital.

In conclusion, East Tower by UC Development is an outstanding project that caters to luxury living, investing, and working in the newly established administrative capital of Egypt. With its strategic location, unique features, and amenities, East Tower sets a new benchmark for premium living in the region, attracting both individual buyers, renters or investors seeking high capital appreciation opportunities. The project's completion date is expected to be in 2024.