The future of real-estate investment in new cities is not only limited to residential purposes but investing in commercial properties can also be rewarding, especially in a big city like El Shorouk which has made its mark in the Egyptian real-estate market since it was established in 1995. In this article you will know more about the best areas for renting commercial properties in El Shorouk.
El Shorouk is characterized by a well developed infrastructure that makes it attractive for commercial investment, alongside other features such as a diverse community that have a variety of needs, the city’s large size, abundance of schools and universities, the businessmen community and its unique location on the Cairo- Ismailia road with Badr City and Heliopolis to the east (5 kilometers away from Al Rehab and Madinaty), 10th of Ramadan City in north-east, and New Cairo in south-west.
The best areas in El Shorouk are:
Value Mall
Mall Location
The mall is built on an area of 6665 square meters in front of the south gate of Dar Misr and El Patio Compound which is one of the most crowded areas in the city, it comprises a basement, a ground floor and two similar storeys.
Services
The mall has many services including:
- Security Guards.
- Security cameras.
- Fire alarm system.
- Elevators and generators.
- Antimicrobial paint.
- Private Garages.
- Internet.
- Kids’ play area.
- Cleaning services.
Spaces and prices
Prices start from EGP20,000 per square meter and spaces start from 20 square meters.
Sky Plaza Mall
One of the largest shopping malls in El Shorouk City, containing lots of famous brands (shops, cafes, etc.).
Spaces and prices
The mall has plenty of spaces available for rent including 21 square meters , 28 square meters and 70 square meters, with a price of EGP 40.000 per square meter while the average rent for shops is EGP 15,000.
Town Center Mall
The largest administrative and medical complex in El Shorouk.
Real Estate Developer
Smart House Real Estate runs the mall, a renowned real estate investment company with projects in New Cairo, Heliopolis, Nasr City, Zahraa El Maadi and Al Shorouk City.
Project Location
The center is located in front of Dar Misr compound and Green Hills Club Gate. The project was built on an area of 4000 square meters, and all walls are anti bacteria and mould.
Services
The mall includes a vast amount of accommodations such as a generator in case of power cuts, garages, elevators for hospitals and patients, operating rooms, medical laboratories, a central pharmacy, fire alarm system, surveillance cameras, security guards, kids play areas, internet and a fitness gym.
Spaces and prices
The center consists of three upper floors, ground floor and an underground floor with shops starting from 14 square meters and administrative spaces starting from 75 square meters. Shop prices start from EGP 1,000,000 to EGP 2,500,000 while rents start from EGP 5,000 depending on the location.
City Plaza Mall
Although the mall is still under construction, it is a very suitable opportunity for those who wish to rent commercial or administrative venues. There are a lot of available spaces and a number of stores including:
Buffalo Burger.
CoffeeShop Company.
Seif Pharmacy.
Qatar National Bank.
Spaces and prices
Spaces vary to suit all needs with areas up to 170 square meters, and prices* start at EGP 20,000 per square meter while the average rent is about EGP 8,000.
Paradise Mall
The mall includes many commercial outlets for products such as (clothes, shoes, sanitary wares, restaurants, cafes and other retail products.)
Spaces and prices
The mall has a lot of options when it comes to spaces, which are 23 square meters, 25 square meters, 31 square meters, 41 square meters, 36 square meters, and 69 square meters. The average price* is EGP 13,500 per square meter, you can also pay in installments with a down payment of 35% , 15% after 6 months, 10% after 12 months and the rest over 48 months. The mall has many available stores for rent.
Galaxy Mall
Location
It is located in the Ninth District on an area of 1500 square meters, it encompasses famous brands like:
Depo Café.
Teatro Cafe.
Sonesta Dairy.
Godran Paints ( JOTUN Paints provider)
Cairo lab.
Spaces and prices
The price for first floor is EGP 25,500 per square meter instead of EGP 30,000 and for second floor shops is EGP 21,250 instead of EGP 25,000.
Renting a shop in Galaxy Mall allows you to benefit from a diverse community on a unique location in the ninth district near other famous brands.
You can also find also find the best residential properties at Compounds in El Shorouk.
*Please keep in mind that all the prices in this article are subject to change. We at Aqarmap are constantly updating our districts prices guide to keep our customers informed about the latest updates in the real-estate market.