Know about Golden Yard compound in the Administrative Capital

Developer of the Golden Yard compound

Due to the importance and luxury of the Golden Yard compound in the New Administrative Capital, 7 companies have cooperated to implement this compound with the main company that implements the project.

To clarify, it is the Marseilia group for real estate development, which consists of several companies, including: Marseilia Real Estate Investment, Marseilia Beach for Tourism Investment, International Easterng, and Amaken for development and project management.

Most importantly, the group has a track record of achievement. For twenty years, the company’s age in the Egyptian real estate market, the company has accomplished a hundred projects.

Also, Marseilia Group has cooperated with seven companies that have a significant impact on the Egyptian business market, namely:

  1. Misr Insurance Holding Company
  2. Luxor Company for Tourist Anchors
  3. Misr Insurance Company
  4. October Development and Real Estate Investment Company
  5. Misr Life Insurance Company
  6. Egypt Fund for Finance and Investment
  7. Misr Real Estate Asset Management Company

Golden Yard Compound

If you are looking for the luxury of life, Golden Yard, is your first choice, as the compound is located in the center of the New Administrative Capital, in the seventh residential neighborhood, R7, in plot No. 9G2.

Moreover, it directly overlooks one of the most exclusive neighborhoods in the New Capital; the Diplomatic neighborhood.

This privileged location allowed the compound to be 500 meters from the Green River, 500 meters from the new cathedral, and away from the exhibition area at the same distance.

As for Al Massa Hotel – which is the most famous and important hotel in the capital, it is not more than one kilometer from the compound.

Marseilia was keen to choose one of the most important real estate designers in the Egyptian market, as it provides 6 consultancy offices for the design of the compound. Thus, the company has chosen El Afifi Engineering Consulting Office, which is considered one of the best consultants in Egypt.

Golden Yard compound location

Golden Yard Compound lies in the new administrative capital in the 7th residential neighborhood, Block 9G2. Also, it overlooks a 90 meter-wide street.

In addition, it is only 10 minutes away from the New Capital Airport, the Presidential Palace, and the Government neighborhood.

The implementation of the compound began at the end of 2018, to be implemented in two phases; the first phase of which will be delivered within three years, on an area of ​​42 feddans.

Also, the proportion of buildings in it allocates only 20% of the area, while 80% goes for services and entertainment.

Besides, the compound consists of 40 residential buildings, each building consists of a ground floor and seven floors.

Compound services

The Golden Yard project has all the means of comfort and luxury. It includes:

  • Green spaces, wherever you go, you find greenery surrounding you. The largest area in the Golden Yard compound goes for the greenery. It consists of trees, gardens and public parks. It is characterized by being located in the center of the compound and among the residential units.
  • Children’s play areas, with everything necessary for children to have fun and play safely.
  • Track for walking, running, and another for bikes
  • A commercial mall consisting of three floors. To clarify: it has 1,750 administrative, commercial and medical units.
  • Moreover, it has Sports and social club with all sports activities.
  • Medical and health clinics
  • Equipped health club
  • Artificial lakes and waterfalls
  • Tennis, croquet and squash courts
  • Gym and spa
  • Swimming pool
  • Soccer fields
  • In addition to  security and guard 24/7

Golden Yard compound units

There are 40 buildings in the compound with 1,750 apartments, making it the least densely populated one, in comparison to the area of ​​the compound.

The compound is distinguished by a variety of areas that suit different needs and tastes, starting from 95 square meters to 260 square meters, as follows:

  • 2-bedroom apartments, between 95 square meters and 140 square meters.
  • Apartments consisting of 2 or 3 bedrooms and 2 bathrooms, with areas ranging from 160 square meters to 185 square meters.
  • 3-bedroom apartments, 3 bathrooms, and a dressing room, with areas ranging from 150 square meters to 260 square meters.
  • Duplex with areas starting from 304 square meters.

Payment systems

The price per square meter * in the Golden Yard starts at EGP 10,000 for semi-finished units, with a down payment of only 10% and installments over six years. In the event of an increase in the down payment, the installment period can reach 8 years.

The prices of the apartments are as follows:

  • 95-square-meter apartment: EGP 1,029,000.
  • 120-square-meter apartment: EGP 1.260,000.
  • 170 square meter apartment: EGP 1,897,000.
  • 180 square meter apartment: EGP 2.012.000.
  • Duplex of 305 meters: EGP 2.550,000.

The prices for the Golden Yard Mall are as follows:

  • The square meter on the ground floor ranges between EGP 55,000 and EGP 65,000.
  • The square meter on the first floor ranges between EGP 35,000 and EGP 45,000.

The units are to be delivered in December 2022.

*It is worth noting that the prices mentioned in the article are subject to change, and we, in Aqarmap, are keen to update the neighborhood price list continuously so that the customer is aware of the changes taking place in the real estate market, as well as we measure demand indicators via the Aqarmap index

 

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