Medical Capital Mall, the first of kind in the New Administrative Capital

The first of kind medical compound was established in the New Administrative Capital, which hosts medical clinics and health centers.

In this article, we will summarize the details about the Medical Capital Compound, which is considered to be one of the latest projects in the New Administrative capital. The New Capital attracts more private companies after the gradual improvement of the Egyptian Economy, which led several experts to confirm that the New Capital is a good investment.

With the completion of the stages of construction in the New Administrative Capital districts, there was a need to build various service projects that provide basic services to the residents, such as private schools, hospitals and clinics. Then, Alassema Real Estate realized the valuable opportunity in the construction of a distinguished medical project, which is the first of kind in Egypt.

The Developer of MCC New Capital

Alassema Real Estate, the developer company, has been established in 2007. It has developed a number of projects, such as The Gate Compound, Perla Compound, and other projects in Saudi Arabia, Al-Serafi Commercial Mall, Al-Faqih Amusement Park, King Abdulaziz University buildings in Jeddah, and several hotels in Makkah.

The company is looking to implement other residential and commercial projects in the New Administrative Capital, therefore, it is willing to invest in buying lands in the New Capital.

Mall Location

MCC is located between R2 and R3 areas near Al Amal axis, on the intersection of Bin Zayed Axis in the north. It is located in the commercial area directly in front of the Green River. It is also near mega residential areas to be easily accessed when medical care is needed.

About the Medical Capital Project MCC

The mall spans over an area of ​​3600 square meters in one of the most important service areas in the New Administrative Capital. The mall consists of 10 floors, the ground floor is allocated for commercial purposes, such as: pharmacies and so on. The remaining nine floors are for clinics and medical centers. The mall can accommodate clinics, radiology centers and analysis laboratories, in addition to about 186 clinics of different spaces. There is also a gym and spa supervised by specialized athletes.

Features of MCC New Capital Project

• The mall is surrounded by green spaces to create a healthy and comfortable atmosphere.
• The clinics are fully finished (super lux) and equipped with important connections for medical centers.
• Some clinics contain, as per the request of the buyer, medical instruments of surgery, detection and medical intervention, such as: dental and radiology clinics.
• The clinics are all air conditioned and have waiting rooms.
• The project has a residential units for nurses.
• The mall has garages and parking spaces for doctors and visitors.
• The mall is equipped by surveillance cameras to ensure security for residents and visitors, as well as 24-hour security service.
• The building has a team of cleaners trained on sterilization works to ensure that no infection would be transmitted between patients.

Spaces available in MCC New Capital mall

The spaces available for clinics start from: 48 square meters, 50 square meters, 65 square meters, and 96 square meters.

Prices

The price per square meter in the back part of building starts from EGP 26,000, while the front part starts from EGP 30,000.

Payment methods

• 0% down payment and the remaining installments are paid over seven years.
• 5% down payment and then 5% after two years, 10% on receipt and the rest of the amount is paid interest-free over six years.
• 10% down payment and then 5% after two years, 10% on receipt and the rest of the amount is paid interest-free over seven years. 

* It is worth mentioning that real estate prices are always changing, and we are keen to update the price list of neighborhoods to keep the consumer informed about the changes in the real estate market. The prices mentioned in the article are for the first half of 2019. We also measure the demand indicators through Aqarmap index.

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