New Alamein Towers project met with success since the announcement of its establishment. Sales reached EGP 9,000,000,000 during the first year only. The New Alamein Towers project is the first of its kind. It is the first time that the country establishes towers with direct view on the beach in the North Coast, if not in all over Egypt, with heights reaching 44 floors.
Location of New Alamein Towers
The New Alamein Towers occupy one of the most prominent locations in Al Alamein City. They are located on the city beach with a recreational area fall in the middle of them. They also overlook El Alamein Lake, and lie on a short distance from the Midtown area that has luxury housing units and integrated services, Heritage City, El Alamein Gardens, Al Massa Hotel, the Convention Center, and Al Fanara Marina.
When designing and choosing the towers’ location, it was taken into account that they would be easily accessible from outside the New Alamein city, both by air and land, and to be close to all vital places in Egypt.
New Alamein Towers are:
- 54 km from Al Alamein International Airport
- 89 km from the Burj Al Arab International Airport
- 261 km from Cairo
- 184 km from Marsa Matruh
- 107 km from Alexandria
As for roads, Towers are close to the most important main roads, such as the Petroleum Road, Wadi Natroun, Al Alamein Road, and the International Coastal Road. This is in addition to the south road of the city, nearly finished in order to be an alternative to the coastal road. It runs from Wadi Al-Natroun Al Alamein to Sidi Abdel-Rahman, and has 5 lanes in each direction, in addition to two service lanes.
As for traveling from Cairo to there, it will take less than two hours, through the new Fouka road, which links Cairo to the North Coast with less than 140 km long.
Features of New Alamein Towers
- Have various and different designs to suit all tastes
- There is a recreational area that lies in the middle of the towers, overlooking the beach, with a garage that can accommodate 3,000 cars, a hotel and a group of commercial units
- The touristic walking path of the city of Al Alamein lies in front of them, with length approximately equal to the length of corniche in Alexandria, as it is 14 km length
- They are equipped with lightning rods and are earthquake-resistant
- The Towers have a high level security and surveillance system
- They have the state of art fire suppression systems in rooms, and walls endure fire for up to two hours
- Each tower has 15 high speed elevators (3 meters/second) with a sense of non-stop, including panoramic elevators and service elevators
- Waste management system and garbage recycling
- All apartments are equipped with air vents to constantly refresh air
- (French) air intake systems in kitchens, bathrooms, and garages to ensure fresh air
Owner of New Alamein Towers
City Edge Developments is the owner and developer of the project. The company is a partnership between three government bodies:
- New Urban Communities Authority (NUCA), by 60%
- Housing and Development Bank, by 38%
- Holding Company for Investment and Development, by 2%
The City Edge Developments undertakes many large real estate projects in the new cities, such as Al Maqsad Compound in the New Administrative Capital, and Zahya New Mansoura in New Mansoura City, and Etapa Compound in the 5th Settlement.
Founded in 2017, the Egyptian government has entrusted the company with a protocol of cooperation for undertaking the state real estate projects. The company has so far launched two groups of New Alamein Towers:
North Edge Towers
When the Egyptian government announced the New Alamein Towers project, the project was supposed to establish only 15 towers, but after the high demand, the government decided to increase the number of towers to be 25.
North Edge Towers are the first group to be launched by the company. They are splendid hotel towers with utmost luxurious and charming double views. They overlook one of the most beautiful beaches in the world from one hand, and the turquoise El Alamein Lake on the other hand.
Every tower’s height ranges from 28 to 35 and up to 40 floors. Commercial units allocate the first two floors while the rest are for the housing ones.
Each tower contains approximately 230 units. Apartment areas start from 177 square meters to 351 square meters. As for the number of rooms, units consist of one to 4 rooms.
Prices of Apartments in North Edge Towers:
Podium apartment prices start from EGP 5,500,000 to EGP 13,000,000. Housing Apartment prices start from EGP 6,300,000 to EGP 14.400,000. Moreover, the company offers payment facilities with a 10% down payment and installments up to 7 years. All units are equipped with the latest smart home systems.
The Gate Towers
The Gate towers are the second group of New Alamein Towers project. This group is the highest towers, with a height of 170 m, and 44 floors totally.
The towers are gateway-shaped, as they are the gateway to the city of New Alamein.
There is a road, directly leads to the sea shore, falls in the middle of the two towers. The Gate towers are the second highest towers overlooking the Mediterranean Sea, after the famous Spain Towers.
Each tower has 669 apartments, with areas ranging from 49 square meters to 387 square meters.
Booking An Ppartment in The Gate Towers
The City Edge Company has given the chance to make reservation in The Gate Towers, with a reservation form of a value starting only from EGP 100,000.
*It is worth mentioning that the prices mentioned in this article are subject to change, and we, in Aqarmap, are continuously keen on updating the neighborhood price list, so that the customer becomes aware of the changes taking place in the real estate market, as well as we measure the demand indexes via Aqarmap index.