Sky Abu Dhabi Developments wins the Africa and Arabia Property Award 2022-2023 for its project Capital Avenue as one of the best mixed-use projects in Egypt, Invest-Gate reports.

Capital Avenue is among the biggest commercial projects in the New Administrative Capital’s R8 district. It is situated over 21,000 sqm.

The project offers various entertainment facilities, in addition to administrative offices with multiple areas.

CEO of Diamond Group and Sky AD. Developments, Abdelrahman Agami, notes that winning that award is a new page in the company’s achievement record, adding that the company exerted huge efforts to affirm commitment to its plans.

Chief Commercial Officer at Sky AD. Developments, Mostafa Salah, says that the company is planning to start delivery of Capital Avenue within the third quarter of 2025 to keep its pace as the fastest company in NAC in terms of project launch and execution.

It is worth highlighting that the Africa and Arabia Property Award is among the key awards in the real estate field. The winner is chosen by an independent panel of over 80 industry experts.