Egypt has been experiencing an economic boom, especially in the field of investment. The New Administrative Capital is an excellent example of economic growth, thus, Pyramids has launched Paris Mall, the biggest mall in the New Capital, which combines the design styles from both Egypt and Paris.
About the developing company
Pyramids Real Estate is a leading real estate development company that was incorporated in France in 2000 and started its business in Egypt in 2013. It initially opened an office on 6th of October, then moved to Nasr City specifically in Makram Ebeid.
It’s considered to be a pioneering developer of master-planned communities, with over 20 years of experience. Some of their other grand projects include:
- Development of the Louvre museum and the French Parliament.
- Grand Square Mall
- Holiday Inn Hotel
- Champ Elysees Mall
- La Capital in the New Administrative Capital
Paris Mall’s location
Paris Mall falls between R2 and R3 specifically in MU23, which is a very strategic location close to all vital areas of the New Capital.
Its designs are influenced by the luxurious French style, with 6 main entries on four main and side streets.
Paris Mall is brilliantly located in the financial and business district of the New Capital, directly in front of the council of ministries.
Paris Mall’s space
The mall is built over 27,000 square meters at the heart of the financial and business district of the New Capital. Units start at 15 square meters to 31 square meters, varying between administrative, commercial and medical units.
It consists of a ground floor and 11 floors, making Paris Mall a commercial, entertainment and tourism destination lying close to residential areas and universities.
The floors are distributed as follows:
- Commercial shops in the ground, first and second floor.
- Medical clinics in the third and fourth floors.
- Administrative offices in the fifth, sixth and seventh floors.
- A hotel in the eighth and ninth floors.
Advantages of Paris Mall
For many reasons, Paris mall is one of the top malls in the New Capital. It’s the first grand mall to combine commercial, entertainment, medical and administrative services all in one place. Some of its great features include:
- 6 main entrances
- 12 indoor elevators and 2 outdoor panoramas.
- 11 floors plus the ground floor.
- A huge aquarium and a dolphin show.
- Amazing tropical forest simulation
- A realistic simulation of the Eiffel tower in front of the mall
- Cinemas
- Garages
- Elegant restaurants and cafes
Services offered to investors on administrative floors
- A special entrance
- An outdoor display screen for advertisements
- A conference room for for administrative offices
- High speed internet access
- Special areas for coffee breaks
- A hotline for the medical floor
Prices and payment methods
Prices in Paris Mall start at EGP 50,000 per square meter with 20% down payment for commercial, medical and administrative units.
You can pay 30% and the first installment of rent, with 11% bank interest on your down payment for two and a half years.
Or you can pay 35% and the first installment of rent, with 12% bank interest on your down payment for two and a half years
Or you can pay 40% and the first installment of rent, with 13% bank interest on your down payment for two and a half years.
*Please keep in mind that all the prices in this article are subject to change, and we at Aqarmap are constantly updating our Prices Guide to keep our customers and readers informed about the latest updates in the real estate market