Nakheel Developments to take part in the Hazi Misr Exhibition in Dubai, taking place fromOctober 28-30, showcasing its latest project Double Two Tower, Invest-Gate reports.

Head of Commercial at Nakheel Developments Sherif El Domyati states that the company has recently launched the Double Two Tower Project in the New Administrative Capital (NAC). The project encompasses hotel, administrative and commercial and units, covering 9000 sqm. Furthermore, the commercial part covers ​​45% of the total area of ​​the project.

Moreover, El-Domyati expects that the total project investments are worth approximately EGP 3 bn and it is planned to deliver the project within three and a half years.

He further adds that the company has contracted last month with a number of successful companies in different specializations in the project, including Mimar Egypt Architecture & Engineering, FES for Facilities Services, and Time Hotel Management.

Furthermore, he remarks that Time Hotels was established in the UAE in 2012 and manages five prestigious brands, each of which offers a range of outstanding services that meet the different needs of its guests. He also adds that Nakheel Developments is keen on choosing administrative operators for all its hotel apartments based on distinguished experience, ability to make decisions, ability to lead, speed, effectiveness, and flexibility in decision-making.

On the other hand, he explains that the participation at the Hazi Misr Exhibition is in sign with the state strategy to export properties, in addition to the company plan to market its projects to customers abroad, either Egyptian expatriates or non-Egyptian clients.

Nakheel Developments presents a special offer on its project during the exhibition period, as the company offers discounts up to 20% for the “Double Two Tower” and 40% discount on cash, El-Domyati adds.

He further points out that the exhibition offers a unique opportunity for customers outside Egypt to learn about various projects and choose one of them in one place, specifically with the high purchasing power of customers abroad.

“With the continued existence of COVID-19 crisis, the exhibition is the best opportunity for customers after a long break from outdoor exhibitions”, he elaborates.

Moreover, he highlights that the company offers units in the project that include fully furnished serviced apartments with an area starting from 57 sqm and fully-finished units such as commercial and administrative with areas starting from 40 sqm.

Additionally, he elaborates that the company aims to complete selling about 70% of the project in 2021, indicating that the price competition is not the main element that companies rely on to reach their customers but also the quality, credibility and commitment.

Hazi Misr Exhibition will be held at the Le Meridien Airport Hotel in Dubai.