Dahab Development, one of Egypt’s leading real estate development companies, has recently opened the doors to its highly anticipated Iconic Trinity Complex (ITC) Mall in the New Administrative Capital. The mall in the heart of the capital is set to become a major shopping destination.
The ITC Mall is a nine-story building that spans over 8,000 square meters, making it one of the largest malls in the New Capital. The mall offers retail stores, restaurants, cafes, and entertainment facilities, providing visitors with a one-stop shop for all their shopping and leisure needs. The mall’s strategic location in the MU23 area of the New Capital, between the second and third residential neighborhoods, makes it easily accessible to residents of the capital and surrounding areas.
Dahab Development CEO Youssef Nader expressed his excitement about the opening of the ITC Mall, stating that the mall is a testament to the company’s commitment to providing high-quality real estate developments that meet the market’s needs. With the opening of the ITC Mall, Dahab Development hopes to contribute to the economic growth of the New Capital and create job opportunities for the local community.
Overview of ITC New Capital Mall
Location and Significance
Dahab Development created ITC New Capital Mall, a significant commercial property in Egypt’s New Administrative Capital. The mall is located at the Al-Amal axis and Mohammed bin Zayed Street confluence, which is a good location in the city. The ITC project covers around 8000 square meters (1.9 acres). The mall is the most prominent location in the NAC’s MU23 region and spans 8,000 square meters, with investments of up to EGP 500m. The buildings take up just 30% of the overall land area. Thus, the areas available for services are significant, and 80% of the units have a view of the principal axes.
The New Administrative Capital is a new city built to relieve Cairo’s congestion. It is expected to be home to over 6 million people and is being developed as a modern, sustainable, and intelligent city. The location of ITC New Capital Mall in the NAC makes it an essential commercial hub in the city. The mall is expected to attract visitors from all over the city and beyond..
Dahab Development’s Vision
Dahab Development is a leading real estate development company in Egypt. The company worked to ensure that the ITC New Capital Mall project is distinctive from several angles and has competitive elements that make it stand out in the market. The mall is designed to offer visitors a unique shopping and entertainment experience. The firm is committed to producing high-quality projects that meet the needs of its clients.
Finally, Dahab Development’s ITC New Capital Mall is a big commercial project in Egypt’s New Administrative Capital. The mall is in a prime location in the city and is expected to draw people from all around the area and beyond. Dahab Development is dedicated to producing high-quality projects that suit its clients’ requirements.
Architectural Design and Features
Iconic Trinity Complex
The ITC New Capital Mall by Dahab Development is an architectural masterpiece designed to adapt to the needs of today’s shoppers. The mall is located in the MU 23 area, between the second residential district R2 and the third residential district R3, and is situated on two main axes: the axis of Hope and the bin Zayed axis. The mall boasts a view of the iconic tower and green river, making it a perfect location for a shopping spree.
The mall covers an area of 8,000 square meters and features a ground floor and nine upper floors. The nine-story mall is expected to be finished by the third quarter of 2022; construction on the project started in November 2020. A significant mixed-use development featuring office and retail space is the ITC New Capital Mall.
Green Spaces and Landscaping
The ITC New Capital Mall by Dahab Development is not just a shopping destination but also a place where visitors can enjoy green spaces and landscaping. The mall features beautiful green spaces and landscaping, making it a perfect location for a family outing. The green spaces and landscaping are designed to provide visitors a relaxing environment to unwind after a long shopping day.
The mall’s green spaces and landscaping are also designed to promote environmental sustainability. The mall’s design includes features that promote energy efficiency, such as solar panels and energy-efficient lighting. The mall’s green spaces are also designed to encourage biodiversity, including native plants and trees.
In conclusion, the ITC New Capital Mall by Dahab Development is a well-designed mall that caters to the needs of modern-day shoppers. The mall’s design includes features that promote energy efficiency and environmental sustainability. The mall’s green spaces and landscaping provide visitors with a calm place to unwind after a long shopping day.
Commercial and Administrative Units
ITC New Capital Mall Dahab Development offers a variety of commercial and administrative units to meet the needs of different businesses. The mall is designed to provide visitors with a modern and luxurious shopping experience.
Retail Space and Restaurants
ITC Mall’s commercial spaces are perfect for various businesses, such as cafes, restaurants, and retail stores. Commercial units range from 20 square meters to 250 square meters. The mall is expected to have diverse retail stores and restaurants catering to different tastes and preferences.
Office Spaces and Amenities
The administrative units in ITC Mall are designed to meet the needs of different businesses, including medical clinics, administrative offices, and other professional services. The price of an administrative unit starts from 4,250,000 EGP. The administrative units have modern amenities and facilities to provide a comfortable and productive working environment.
Moreover, the mall offers visitors and tenants various amenities and services, including parking, security, and maintenance services. The mall is designed to provide visitors and tenants with a convenient and hassle-free experience.
In conclusion, ITC New Capital Mall Dahab Development offers various commercial and administrative units catering to different businesses. The mall is expected to provide visitors with a luxurious, modern shopping experience and tenants with a comfortable and productive working environment.
Residential Options
Luxury Housing
ITC New Capital Mall by Dahab Development offers luxury residential units catering to different families’ needs. The units are intended to provide maximum comfort and convenience to occupants. The units are wide and well-lit, with large windows providing spectacular views of the surrounding countryside.
The luxury housing options in ITC New Capital Mall feature modern amenities, such as swimming pools, gyms, and spas. The units also have high-speed internet, cable TV, and 24-hour security. The units are available in various sizes and designs to suit different preferences and budgets.
Security and Privacy
ITC New Capital Mall by Dahab Development prioritizes the security and privacy of its residents. The mall has cutting-edge security measures, including CCTV cameras, security staff, and access control systems, which are meant to make inhabitants feel safe and secure at all times.
The residential units in ITC New Capital Mall are also designed to provide maximum privacy to the residents. The units are soundproof and feature individual balconies with breathtaking views of the surrounding areas. The condos also have separate entrances and elevators to give occupants maximum privacy.
In conclusion, ITC New Capital Mall by Dahab Development offers luxury residential units catering to different families’ needs. The units are intended to provide inhabitants with optimum comfort, convenience, security, and privacy.
Investment Opportunities
Market Potential in the NAC
The New Administrative Capital (NAC) is a newly developed city in Egypt expected to be the country’s administrative and financial hub. The town is strategically located between Cairo and the Suez Canal, making it ideal for businesses and investors. With a population of over 6 million people, the NAC represents a significant market opportunity for organizations wishing to grow their operations in Egypt.
Dahab Development’s ITC New Capital Mall is the most distinguished location in the NAC’s MU23 area. It covers over 8,000 sqm and has investments of up to EGP 500m. The mall is set to open in the third quarter of 2024 and is expected to attract many shoppers and visitors.
Investor Incentives
Egypt’s government has implemented several incentives to attract investors to the country. These incentives include tax holidays, customs exemptions, and streamlined business setting procedures. Furthermore, the country’s strategic location and significant market potential make it a desirable destination for foreign investment.
Dahab Development’s Chairman, Yasser El-Beltagy, has expressed confidence in investment opportunities in the Egyptian market. Within five months, the company has already sold 70% of the first and second phases of the ITC New Capital project, indicating that the project is a lucrative investment opportunity.
Investing in the ITC New Capital Mall project allows investors to tap into the NAC’s potential while benefiting from the country’s investor-friendly policies. With Dahab Development’s successful sales record and the government’s incentives, the project is a promising opportunity for investors looking to expand their portfolio in Egypt.
Accessibility and Infrastructure
Transportation and Parking
Dahab Development created the ITC New Capital Mall in the heart of the Al-Amal Axis in the New Administrative Capital. The mall’s strategic location makes it easily accessible from all parts of the city, and visitors have several transportation options.
The mall has approximately 1,000 parking spaces available on-site. The parking lot is equipped with cutting-edge management technology, guaranteeing guests a pleasant and hassle-free experience.
In addition to private transportation, visitors can use public transportation to reach the mall. The New Administrative Capital has an extensive public transportation network, including buses and a metro line that connects the city to Cairo. The mall is close to several bus stops and the metro station, making it easy for visitors to reach.
Technological Infrastructure
The ITC New Capital Mall has state-of-the-art technological infrastructure, providing visitors with a seamless shopping experience. The mall features high-speed Wi-Fi throughout the premises, so visitors can stay connected and access the internet while shopping.
The mall is also equipped with the latest security technology, ensuring a safe and secure environment for visitors. The security system includes CCTV cameras, security personnel, and access control systems, providing visitors with peace of mind while shopping.
Overall, the ITC New Capital Mall’s accessibility and infrastructure make it a premier destination for shopping and entertainment in the New Administrative Capital. With ample parking space, easy access to public transportation, and state-of-the-art technological infrastructure, the mall offers visitors a convenient and enjoyable shopping experience.
Leisure and Lifestyle Amenities
Spa and Wellness Facilities
The ITC New Capital Mall, created by Dahab Development, offers various spa and wellness services to meet guests’ needs. The mall features a beautiful spa that offers tourists a calm and soothing area to unwind and refresh. Massages, facials, and body treatments are among the services provided at the spa. Visitors can choose from several packages tailored to their unique needs and tastes.
In addition to the spa, the mall has a cutting-edge gym with the most up-to-date workout equipment. The gym is manned by skilled specialists who can provide visitors with customized fitness regimens and training sessions. Visitors can join the gym’s exercise classes, including yoga and aerobics.
Entertainment and Attractions
The ITC New Capital Mall is both a retail attraction and a hub for entertainment and recreation. The mall provides a variety of leisure alternatives, including a cinema complex that shows the most recent movies. The cinema is outfitted with cutting-edge audio and visual technologies, giving visitors an immersive movie-watching experience.
The mall also includes an indoor amusement park for people of all ages. The amusement park is meant to provide guests a pleasant and exciting experience, making it a favorite family attraction.
In addition to the movie complex and amusement park, the mall offers a variety of food alternatives to suit diverse tastes and preferences. Visitors can choose from cafes, restaurants, and fast-food shops serving cuisines worldwide.
Overall, the ITC New Capital Mall, created by Dahab Development, provides a variety of recreational and lifestyle activities to meet the needs of its guests. Whether tourists want a peaceful spa treatment or a fun day out with family and friends, the mall has something for everyone.
Financial Information
Pricing and Payment Plans
ITC New Capital Mall by Dahab Development offers various payment arrangements and solutions to meet the needs of investors. The downpayment for the flats ranges from 0% to 22%, with the remainder due over up to 7 years. The payment options are intended to be flexible and cheap, making it simple for investors to purchase a home in this premium development.
Investors can pay via various methods, including cash, bank transfers, and installment plans. The payment plans are intended to be flexible, with multiple alternatives available to meet the demands of different investors. They are designed to help investors manage their finances and stay on track with their payments.
Investment Returns
ITC New Capital Mall is a highly appealing investment opportunity with the potential for significant rewards. Dahab Development promises investors a 30% return on administrative units and a 15% return on commercial units. This presents a fantastic opportunity for those seeking a safe and successful investment.
The investment returns are based on the strong demand for commercial and administrative units in the New Capital and the high-quality design and construction of the ITC New Capital Mall. Investors can rest easy knowing their money will pay off handsomely now and soon.
To summarize, ITC New Capital Mall by Dahab Development offers a variety of payment methods and investment returns, making it an appealing investment choice. With flexible payment plans and strong returns, investors can be confident they can achieve their investment goals with this prestigious development.
Development Timeline
Construction Phases
Dahab Development began building on the iconic Trinity Complex (ITC) Mall in the New Administrative Capital in November 2020. The project has nine stories and is being developed on 16,000 square meters. The mall is anticipated to have a total space of 65,000 square meters.
The construction of the ITC Mall is being carried out in phases. The first and second phases of the project have already been sold out, with Dahab Development selling 70% of the units within five months. The company cooperates with IDEA Group for the project’s management and marketing consultancy and marketing and sales advisory.
Opening Date
Dahab Development is on track to deliver the ITC Mall by the third quarter of 2022. The company’s CEO, Youssef Nader, has confirmed that the project is progressing as planned and that the construction work is expected to be completed on time.
Once completed, the ITC Mall is expected to be a significant attraction in the New Administrative Capital, offering a wide range of retail, entertainment, and dining options. With its strategic location and modern design, the mall is expected to become a landmark destination for residents and visitors alike.
Dahab Development’s ITC Mall is a critical project projected to help develop the new administrative capital. The mall’s cutting-edge features and ideal location make it a popular shopping and tourist attraction in the coming years.
Contact and Sales Information
Sales Office Location
The ITC New Capital Mall Dahab Development sales office is conveniently located in the New Administrative Capital’s downtown region. The specific address is currently unavailable. However, prospective purchasers should contact the sales team for additional information. The sales office is open during regular business hours, and the personnel is educated about the project and willing to answer inquiries.
Booking and Inquiries
Interested buyers can reserve a unit at ITC New Capital Mall Dahab Development by contacting the sales team. The project has various administrative, commercial, and medical units. Prices are competitive and reflect changes in Egypt’s and the worldwide economies. Commercial units at ITC are priced per square meter, ranging from 90,000 EGP to 155,000 EGP.
For inquiries, buyers can contact the sales team through the following channels:
- Phone: +20 100 077 7900
- Email: info@dahabdevelopment.com
- Website: https://www.dahabdevelopment.com/contact-us/
The sales team is responsive and can provide buyers with all the necessary information about the project. The team is also available to schedule site visits for interested buyers.
Dahab Development, a prominent real estate company with a track record of delivering outstanding developments, is behind the development of ITC New Capital Mall Dahab. The project is located in the Green River district of the New Administrative Capital, one of the city’s most prestigious neighborhoods. It is expected to be finished by the fourth quarter of 2022, allowing clients to be confident in its quality and timely delivery.
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Frequently Asked Questions
What are the opening hours for the ITC New Capital Mall?
The ITC New Capital Mall is open seven days a week. Its hours of operation are 10:00 a.m. to 10:00 p.m. on Sundays through Thursdays and 10:00 a.m. to 11:00 p.m. on Fridays. Please remember that these hours are subject to change during holidays and special events.
Can you provide a list of ITC New Capital Mall retail stores?
The ITC New Capital Mall has diverse retail establishments, including fashion boutiques, electronics retailers, home décor stores, and more. The mall’s most popular retailers include Zara, H&M, Victoria’s Secret, and Sephora. Please keep in mind that the list of stores may change.
What are the dining options in the ITC New Capital Mall?
The ITC New Capital Mall offers a variety of dining options. The mall has something for everyone, from fast food chains like McDonald’s and KFC to upscale restaurants like TGI Fridays and Chili’s. Additionally, there are several cafes and dessert shops where visitors can enjoy a quick snack or a sweet treat.
Are there any entertainment facilities at the ITC New Capital Mall?
Yes, the ITC New Capital Mall has several entertainment alternatives, including a movie theater, a bowling alley, and a children’s play area. The mall hosts numerous events and activities, such as live music performances and art displays.
How can one inquire about leasing or purchasing commercial space in the ITC New Capital Mall?
If you are interested in leasing or purchasing commercial space at the ITC New Capital Mall, contact the mall management team for more information. Their contact details are on the mall’s official website.
What transportation options are available to access the ITC New Capital Mall?
The ITC New Capital Mall is easily accessible via public transit, such as buses and taxis. Furthermore, the mall provides enough parking for visitors who want to drive.