Al Rashed Developments, a prominent real estate company specializing in real estate development, has introduced its latest venture, Acacia, situated in October Gardens.
The Acacia project occupies a prime location in October Gardens, just minutes from 6th of October City, with direct access from Fayoum Road, in close proximity to the Middle Ring Road, the New Tourist Capital, the Italian District Road, a mere 10-minute drive from Mall of Egypt and Al Wahat Road, and a short distance from the clubs area.
Acacia stands as a fully serviced residential project, boasting a comprehensive suite of amenities. These include a 24-hour security system, surveillance cameras, a sports walkway, a gym, a spa, a shopping mall, a children’s area, a garage, a mosque, and smart systems integrated within the streets and buildings.
Encompassing an area of eight feddans, Acacia comprises 12 buildings housing 230 residential units. The project offers a range of unit sizes catering to diverse preferences, from 130m ground and repeated floors to 195m penthouses.
Prices for units at Acacia range from EGP 22,000 to EGP 24,000 per sqm. Al Rashed Developments has introduced flexible payment options to facilitate its clientele; 20% down payment with installment plans spanning five years; 25% down payment with installment plans extending up to six years; 35% down payment with installment plans spanning eight years; 20% down payment, 5% payment after one year, 5% payment after two years, with installment plans over eight years.
The collaboration with Vertex, a leading consulting and engineering firm in Egypt and a key player in Al Rashed’s engineering portfolio, further enhances the project’s value, ensuring top-tier construction and architectural standards.