Who is the developer of Twin Towers New Capital?

The company that owns Twin Towers New Capital is JD Holding

Fully finished offices 102m for sale in Twin Towers New Capital

Reference: NS 83542

EGP 2,650,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 2,650,000

Fully finished offices 102m for sale in Twin Towers New Capital

Reference:

NS 83542

Price:

EGP 2,650,000 Installment

Price / Sqm:

EGP 25,980 Per Sqm

Finishing Status:

Super Lux

Area:

102 sqm

Delivery In:

2025

Listed:

Tue 23 May 2023

About Twin Towers New Capital

Office for Sale in Twin Towers - New Capital By JD Holding - Delivery Year 2025

Possible article:

Twin Towers Rise in New Capital Egypt, Creating a New Landmark

New Capital Egypt, the planned administrative capital of Egypt, is evolving rapidly as more buildings and infrastructure projects are being constructed in the sprawling desert site. Among the most impressive structures is the Twin Towers of the New Administrative Capital, which now dominate the skyline and represent a new landmark in the fast-growing city.

The Twin Towers, located in the Downtown area of the New Capital Egypt, consist of two skyscrapers that rise up to 260 meters or 853 feet, with 56 floors each. The towers are connected by a suspended bridge that spans 66 meters or 216 feet, providing an additional viewing platform for visitors and residents. Designed by the renowned architect Mohamed Abdel Wahed El Wakil, who also created the Armed Forces Stadium in New Capital Egypt, the Twin Towers offer a modern and distinctive look that blends elements of Islamic and Pharaonic architecture.

The overall cost of the Twin Towers project is estimated at around 10 billion Egyptian pounds or 640 million US dollars, which makes it one of the largest and most expensive real estate developments in Egypt. The project is funded by the government-owned Administrative Capital for Urban Development (ACUD), which aims to attract more investors and businesses to the New Capital Egypt by offering a range of incentives, such as tax exemptions and streamlined procedures.

According to the officials of ACUD, the Twin Towers will provide a mix of residential and commercial units, including luxury apartments, offices, shops, restaurants, and a hotel. Some of the units will be sold to private investors, while others will be leased to tenants, creating a steady income stream for the government. The Twin Towers are expected to be completed by the end of 2022, and the first residents and businesses may move in by then.

The location of the Twin Towers in the New Capital Egypt is strategic, as it is close to many key attractions and facilities, such as the Parliament, the Presidential Palace, the ministries district, the Central Business District, the new airport, and several universities and hospitals. The site is also well-connected to the rest of Cairo and beyond, through a network of highways, metro lines, and buses.

The Twin Towers of the New Administrative Capital are not only an engineering marvel, but also a symbol of Egypt's ambition to create a modern and sustainable city that can compete with other capitals around the world. The project is part of a larger vision of Egypt 2030, which aims to transform the country into a knowledge-based economy and a hub for innovation and creativity. Whether the Twin Towers will live up to their expectations and attract a diverse and prosperous community remains to be seen, but their impact on the skyline and the imagination of Egypt and the world is already palpable.

MLS Realty
+201200070979