Frequently Asked Questions
We offer flexible and competitive payment plans designed to suit different investor needs:
- Standard Plan: A down payment of 10% followed by installments over 6 years.
- Cash Discounts: We provide substantial discounts for full cash payments.
Our primary strategy is location, location, location. We specialize in securing land in areas with proven future growth potential:
- Strategic Axes: Our projects are always situated on major, high-traffic corridors (e.g., Mohamed Naguib Axis, Northern 90th Street, CBD in the New Capital).
- Demand Drivers: We build near major demand centers such as universities (AUC, GUC), hospitals, and high-density residential compounds, ensuring high occupancy rates and excellent capital appreciation for our investors.
- Future Infrastructure: We select sites near future governmental and infrastructure developments, such as the Monorail, to maximize long-term value.
The Maintenance Deposit (or Maintenance Fund) is a one-time, non-refundable charge collected from the buyer to ensure the long-term quality and operation of the entire complex.
- Purpose: The fund is legally ring-fenced and used to cover major repairs, future maintenance upgrades (like replacing elevator components or facade cleaning), and to subsidize common area expenses.
- Amount: It is calculated as a percentage of the total unit price, typically 8% to 10% of the unit value.
- Timing: The deposit is usually paid either in full of the final installation or upon unit handover, as stipulated in the contract.
As a commercial property owner, you will typically be subject to a few key charges:
- Annual Property Tax: Calculated as 10% of the net annual rental value of the unit (after a legal deduction).
- Registration Fees: One-time fees required to officially register the unit and obtain a Title Deed at the Real Estate Publicity Department (Shahr El-Aqary). These fees vary but are generally a small percentage of the purchase price for commercial units.
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