For several months now, Emaar has seeded a hype in the real estate market for its newest project, Cairo Gate. Cairo Gate in 6th of October is Emaar’s first expansion to the west. Though no official information is available yet, here’s what you need to know about the newest project in the west of Cairo:
Cairo Gate’s Developer
Emaar is one of Egypt’s biggest real-estate developers. Established back in 2007, it became famous for its upscale projects. Its investment capital in Egypt is 31.67 billion EGP. Basically, purchasing a property under the Emaar brand name guarantees exclusive and magnificent delivery.
” At Emaar, our vision is to shape the future and redefine the dynamics of property development in Egypt by building world-class lifestyle communities that set industry standards and uphold the globally recognised quality of Emaar’s brand name. “
True to their vision statement, Emaar now has three mega compounds on Egyptian soil, with the fourth being Cairo Gate. All of their projects -be it Uptown Cairo, Marassi, or Mivida – have set themselves as market leaders.
The Cairo Gate Project
Back in 2012, Al-Futtaim Group and Emaar announced an initial intention to enter into a joint venture agreement to develop ‘Cairo Gate’. The investments was originally EGP 5 billion ($819 million). Though the Cairo Gate project’s details are in the hush-hush, some of the project’s details may be deduced . In the words of Emaar Misr’s own Chairman:
“Emaar is also undertaking new prestigious developments such as the new integrated lifestyle project envisaged on the Cairo-Alexandria Desert Road. Emaar aspires to strengthen business and commerce on this important highway by developing upscale homes, business clusters, hotels and a shopping mall. Committed to the Egyptian market, Emaar will focus on delivering world-class projects that fulfil the lifestyle aspirations of the people, while contributing to overall economic growth.”Mohamed Alabbar
Emaar Properties PJSC
From Alabbar’s Quote, we can elaborate on several new aspects of the Cairo Gate project.
Launching right across from Dandy Mall and by Smart Village, Cairo Gate has the potential to dominate Cairo’s west domain. Rumor has it that the project covers 160 Acres. That is approximately the size of 80 soccer fields. Since its location falls directly on the Cairo – Alexandria Desert Road,the project easy to reach from El Sheikh Zayed and the 6th of October residential districts. On the other hand, those coming in from Zamalek, Mohandessein, and Dokki areas will face no trouble reaching their destination either.
First and foremost, Cairo Gate plans to have a mega shopping mall set on 120 thousand sqm as the main attraction of the project. That is almost 1.5 times the size of its opposing Dandy Mall. The mall will include Al-Futtaim’s retail brands such as IKEA, Marks & Spencer, Toys “R” Us, ACE, Intersport, Guess, Esprit as well as a multitude of additional world-class shopping brands. Based on prior Al Futtaim experience in Cairo, the mall is sure to include restaurants, cafés and leisure outlets with a strong outdoor theme.
The compound will also be the home to an office park. The park will likely include world-class facilities. These Facilities include but are not limited to: a luxury hotel, schools, and medical facilities.
The properties within Cairo gate will include 500 town houses and villas, in addition to 900 apartments. The various Villa types range in size from 270 square metres to 470 square metres. On the other hand, apartments that have single, double, or triple bedrooms will range in size from 75 square metres to 145 square metres. Apartment buildings are 6 floors high, in addition to the ground floor. All units will be delivered fully finished within 4 years, with ground parking spots available.As with Emaar Misr’s previous endeavors, both the finishing and delivery of the units will be upheld to the highest standards.
Since Cairo Gate falls under the Emaar Brand, its homeowners expect to receive the same level of service excellence the brand promises. Throughout Emaar’s projects, these services are provided intrinsically to their members:
The Community Management team ensures that the quality, timeliness and image of services exceed the expectations of every homeowner. The team is responsible for both setting up and supporting owners’ committees. It liaises with local authorities and is also dedicated to enhancing the liveliness aspect of the community, removing that whole hassle from the residents’ list of to-dos.
The dedicated Facility Management team is responsible for the maintenance and operation of all units and facilities. Working closely with the other teams within the compound, Facility Management carries out infrastructure requests . It also guarantees the quality of every delivered unit. The units themselves boast cutting-edge communication technology with Triple Play. That is a combined service that offers broadband Internet, telephone and cable TV on a single connection.
WeCare online customer care platform
The personalized and dedicated online customer care platform is available 24/7. The system makes sure that complaints, questions & suggestions are heard and addressed quickly and efficiently.
True to the Emaar’s brand name, exclusive events planned in their projects are taken to a whole different level. Cairo Gate will be no different. Competing with the surrounding venues, Cairo gate will host Events that will suit diverse interests and ages. Events will take place all year round. Through them, the project is sure to create a buzz around the city.
With Community focus being a core value to the developer, Cairo Gate will sure host events for its own. From movie nights to cooking classes, from fresh farmers markets to life-full karaoke nights, the project’s community centers will always have something going on.
Cairo Gate In a Nutshell
Cairo Gate is Emaar’s latest project in 6th of October. It is Emaar’s first attempt to invade the market in Cairo’s West. Cairo Gate is a result of the collaboration between Emaar and Al Futtaim Group. The project stands in a prime location, linking to major residential districts. It spreads over 160 acres. The community will be famous for its Mega Shopping Mall. It will also include a business park and a residential area. Like all other Emaar’s projects, Cairo Gate’s residents will enjoy the brand’s services.
Read More about Emaar as a whole on our blog here
For the latest updates on Cairo Gate, reach out to us on #AskCooing or call us on +201022088888
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