Dahab Development Opens Reservation for phase II of ITC project at NAC

Dahab Development Opens Reservation for phase II of ITC project at NAC

Dahab Development, one of the leading companies in the real estate sector, announces opening the door for unit reservation in the second phase of its first project in the NAC, Iconic Trinity Complex (ITC), after succeeding in selling the units of the first phase within a short period, Invest-Gate reports.

The company will launch a new real estate product in the second phase, comprising medical units in various areas to suit the needs of customers, with sizes starting from 50 sqm, at a price of EGP 2mn and an installment plan up to 8 years.

Nader Adeeb Moawad, chairman of Dahab Development, says that reservations are open for the second phase of the project, which includes a distinguished group of units with varying spaces ranging from 50-1300 sqm, adds that the project spans over ​​8,000 sqm.

He notes that the project is located in the most distinguished areas of the NAC in MU23 area, which is a distinct service area located between the 2nd residential neighborhood (R2) and (R3). Additionally, it is situated on the most important axes of the NAC, Northern Bin Zayed axis, and Al Amal axis, which is a few minutes away from the iconic tower, the highest in Africa in the Central Business District.

For his part, Sherif Moawad, a member of the Board of Directors of Dahab Development, stresses the company’s keenness to provide a distinguished and unconventional real estate product that achieves the highest investment returns for client and meets his aspirations and ambitions.

He points out that the total value of the project’s sales is close to EGP 1bn, adding that the company offers its customers a package of facilities and various payment systems.

Moawad elaborates that the company has contracted with major consulting companies locally and internationally, to ensure the project will come out in its best form, led by the Lebanese Chaddad Group to take over the internal finishes of the project. Besides, YBA Architects headed by Yasser Al Beltagy to prepare the project designs, and PROMET Company headed by Walid Abdel-Ghaffar for Electromechanical Works, and ITC is responsible for the project construction works.

The total size of the project is 25,000 sqm, with a built-up area reaching 30% of the project size, at 3,450 sqm per floor, featuring 10 floors. The building also includes two basements of 16,000 sqm to accommodate 600 cars, he explains.

He discloses that Dahab Development has a great experience of nearly two decades in the European and Egyptian markets and has succeeded in developing and delivering projects on an area of more than 50,000 sqm in different areas including New Cairo. Likewise, the company has distinguished businesses and investments in Germany and the United Kingdom, as well as, it plans to provide more flagship projects to the Egyptian market.


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