Al Oula Developments announced the launch of EV – Serviced Apartments, which includes fully serviced hotel units inside the EV compound in the heart of Sheikh Zayed City, in a new step aimed at meeting the growing demand for hotel and investment units, supported by a strategic location and an integrated network of services, Invest-Gate reports.
Company Direction
Mohamed Mansour, Chairman of Al Oula Developments, said that this new project comes as part of the company’s direction toward offering real estate products that keep pace with market developments and meet the needs of investors looking for real estate assets capable of creating added value and sustainable returns, especially with the strong growth taking place in West Cairo.
Integrated Hotel Experience
He pointed out that EV – Serviced Apartments offers a complete hotel experience, including a reception area operating 24 hours a day, Housekeeping services, a restaurant, laundry and clothing care services, in addition to a swimming pool dedicated to the hotel units, an outdoor fitness area, a yoga area, an open-air cinema, as well as a private underground parking garage, providing a stay experience that combines comfort, privacy, and a hotel level of services.
Payment Plans and Unit Sizes
He explained that booking starts with a down payment of only EGP 350,000, with flexible payment plans extending up to 10 years, while unit sizes range between 65, 70, 80, and 105 square meters, providing different options that suit various investment and residential needs.
Location and Investment Advantages
He added that the project gets its investment advantage from its prime location in the heart of Sheikh Zayed, close to several important destinations, as it is located minutes away from Sphinx International Airport, the Grand Egyptian Museum, and a number of major hospitals, which increases its appeal to the medical tourism and short- and long-term stay sectors.
Proximity to Centers and Universities
The project is also close to major commercial, administrative, and entertainment centers, including Arkan Plaza, Capital Business Park, Park Street, Dahshour Link, and Mall of Arabia, as well as being close to several international universities, such as Nile University, Misr University for Science and Technology, and the international branch of Cairo University, which expands the project’s base of beneficiaries.
Road and Main Axis Network
He pointed out that the project is connected to Egypt’s main network of roads and major axes, including the Cairo – Alexandria Desert Road, Rod El Farag Axis, El Dabaa Axis, Central Axis, and Middle Ring Road, providing easy access to different parts of Greater Cairo, the North Coast, and the governorates of Egypt.
Project Vision
He confirmed that the launch of EV – Serviced Apartments reflects its vision of developing real estate projects that achieve a balance between quality of life and investment feasibility, by offering fully serviced hotel units in one of the fastest-growing areas in West Cairo, giving customers the opportunity to invest in a real estate product with strong potential for growth and future returns.