Monorail Tower New Capital by ERG Developments | 6 years

In one of the most important investment locations in the New Administrative Capital, where Egypt’s future takes off, the Monorail Tower New Capital has been built on a vast area of up to 12,000 square meters, directly in front of the Monorail station in the Downtown area.

It enjoys a direct view of the Green River, located near Tahrir Square, the New Museum, the Parliament Building, the Gold Souk, the Petroleum Companies area, the Heritage and Arts District, the Egypt Mosque, and Tahrir Square. This means it is situated close to the most significant landmarks of the New Capital.

Overview of Monorail Tower New Capital

The Monorail Tower New Capital is a massive residential, commercial, medical, and administrative tower in the Touristic Towers area. It shines with luxurious architectural designs and artistic touches that give it a unique and appealing elegance.

It has become one of the best and most luxurious investment projects within the New Capital, thanks to its strategic and ideal location, as well as its outstanding architectural and diversified designs. It has created a unique world that establishes a new architectural concept, embracing a comprehensive service and entertainment system to provide an unparalleled enjoyable, and comfortable lifestyle.

All the elements of successful investment have been realized in Monorail Tower New Capital, which is the first mall directly connected to the Monorail station, soaring up to 26 floors plus the ground floor, featuring various units of different sizes, providing their owners with an investment opportunity that won’t be repeated.

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Real Estate Developer of Monorail Tower New Capital

ERG Developments Company is the owner and developer of Monorail Tower New Capital. This project marks the company’s third venture in the New Administrative Capital, and it has been launched in a luxurious and ideal manner with creative architectural designs that meet international standards, using top-quality building materials. This has established ERG Developments as a leading company in the Egyptian real estate investment market.

The company was founded in 2005 in collaboration with the Housing and Urban Development Bank, which adds to its credibility. ERG Developments is committed to launching projects with the highest standards, from selecting the construction site to the architectural designs and artistic touches. It aims to create a unique atmosphere of luxury within these projects, providing a comprehensive and integrated service and entertainment system.

Real Estate Developer’s Previous Projects

• Diamond Tower in the New Administrative Capital.
• Diamond Tower 2 in the New Administrative Capital.
• City Life Compound.
• City Life 2 Project.
• A group of buildings in New Damietta.
• 12 towers in the city of Mansoura.

Location of Monorail Tower New Capital

Monorail Tower New Capital is situated in the Downtown area, the most prominent commercial and central zone of the New Capital. It is directly connected to the Monorail station and located near the major landmarks of the capital, such as the Gold Souk, Petroleum Companies area, Banks area, the New Museum, the Cabinet, the Ministries district, Diamond Hotel, Egypt Mosque, and the Heritage and Arts district. Additionally, it offers a direct view of the Green River.

The mall is also conveniently located close to major roads and main thoroughfares like the North Ben Zayed Axis and the Regional Ring Road, which links it to various parts of Greater Cairo.

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Services of Monorail Tower New Capital

This unique investment project by ERG Developments Company in Egypt provides a fully integrated service system that offers businessmen and investors unparalleled enjoyment, comfort, and entertainment. The services available at Monorail Tower New Capital include:

• Central air conditioning that evenly distributes fresh air throughout the mall.
• High-speed internet services are available throughout the premises.
• State-of-the-art security system with surveillance cameras and the latest security devices.
• Numerous restaurants and cafes offer top-level services.
• Advanced fire safety system with high-security sensing capabilities.
• Equipped meeting rooms with the latest presentation technologies.
• Luxurious reception areas to meet the needs of businessmen.
• Regular cleaning and maintenance services covering all areas of the Monorail Tower New Capital.
• Dedicated area for children’s games and activities.
• Fully equipped pharmacies operating 24/7.
• A spacious garage accommodates a large number of cars to avoid congestion.
• The entire project’s walls are covered with noise-insulating and environmentally friendly materials to create a suitable working environment.
• A significant number of escalators and elevators for easy movement between floors.
• Green and water areas harmoniously blend into a breathtaking scene with panoramic views.
• Open areas are designated for relaxation and waiting amidst beautiful gardens and picturesque landscapes, creating a serene atmosphere of privacy.

Features of Project

•  Monorail Tower New Capital is the first investment project directly connected to the Monorail station in the heart of Downtown, strategically located near the most prominent landmarks of the New Administrative Capital.
• This mall offers a fantastic investment opportunity, especially being situated in the tourist and commercial area, alongside major roads and important avenues, making it easily accessible from all parts of Greater Cairo.
• Its luxurious and innovative architectural design provides privacy for each unit, separating the world of marketing and comfort from the business world, as well as the tranquillity and convenience of the residential and hotel world. It is a unique blend that caters to the needs and desires of every client and more.
• Each unit within the project enjoys panoramic views. The unparalleled service system provides maximum tranquillity and privacy.
• The Monorail Tower New Capital offers diverse units, including residential, hotel, administrative, and medical units, with varying sizes and competitive prices.
• This massive investment project is one of a kind and, therefore, had to be established in this prominent strategic location within the New Administrative Capital.

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Design of Monorail Tower New Capital

Monorail Tower New Capital draws inspiration from the best global designs, featuring innovative architectural ideas. ERG Developments Company, the owner of the Monorail Tower New Capital, ensured special attention to the designs, creating a unique destination that stands out from other projects, even within the New Administrative Capital. Monorail Tower New Capital is, without a doubt, the grandest and most luxurious of them all.

This project rises to 26 repeated floors, with an underground level for parking, while the units are distributed as follows:

• Ground to the third floor: Commercial shops and recreational areas, with the ground floor designated for restaurants, cafes, and pharmacies.
• Fourth to fifth floors: Medical units.
• Sixth to twenty-third floors: Administrative units.
• Twenty-fourth to twenty-sixth floors: Residential and hotel units.

Space of Monorail Tower New Capital

This massive investment project was constructed on a vast area that extends up to 12,000 square meters, accommodating diverse units of different sizes.

Monorail Tower New Capital features an integrated, comprehensive, and exceptional service system, providing a world of limitless luxury and enjoyment that befits the status and grandeur of this mall.

The majority of the space is dedicated to green areas and sparkling blue water surfaces, along with various service and entertainment activities.

Types of Units in Monorail Tower New Capital

The unit sizes within Monorail Tower New Capital vary based on their type of investment, as follows:

• Commercial shops start from 30 square meters.
• Administrative and medical units start from 34 square meters.
• Residential and hotel units start from 60 square meters.

Prices of Units in Monorail Tower New Capital

• The price per square meter for commercial shops starts from 75,000 Egyptian Pounds.
• The price per square meter for administrative and medical units starts from 27,000 Egyptian Pounds.
• The price per square meter for hotel and residential units also starts from 27,000 Egyptian Pounds.

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Payment and Installment Systems

ERG Developments Company has introduced several payment and instalment systems to facilitate customers in paying for their units, as follows:

• Customers can pay a 10% reservation deposit and settle the remaining unit price in equal instalments with no interest for up to 6 years.
• Alternatively, customers can pay a 15% reservation deposit and pay the rest of the unit price in equal instalments with no interest for up to 7 years.
• Another option is a 20% reservation deposit, with the remaining unit price paid in equal instalments with no interest for up to 8 years.
• Customers can also opt for a 25% reservation deposit and pay the rest of the unit price in equal instalments with no interest for up to 9 years.
• Alternatively, customers can pay a 35% reservation deposit, with the remaining unit price paid in equal instalments with no interest for up to 10 years.
• Another option includes a 25% reservation deposit, followed by a 10% payment after one year, another 10% payment after two years, and the rest of the unit price paid in equal instalments with no interest for up to 10 years.
• Additionally, customers have the option to pay a 25% reservation deposit, followed by a 10% payment after one year, another 15% payment after two years, and the rest of the unit price paid in equal instalments with no interest for up to 12 years.
• Furthermore, customers can choose to pay a 40% reservation deposit, followed by a 15% payment upon receipt, and the rest of the unit price is paid in equal instalments with no interest for up to 3 years.