31 North Tower

reman mahmoud
2022-05-22T14:28:40+00:00
reman mahmoud28 August 2021Last Update : 4 days ago

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project details

project name31 North Tower
unit typeShops, administrative offices, commercial units and medical units
owner companyThe Nile Real Estate Development Company
installment systemsVarious payment systems starting from a 10% down payment and up to 40%, and payment periods from 7 to 12 years, and there is a 40% discount on the cash
locationIn one of the best strategic areas that rise 131 meters from the ground, characterized by a direct view of the Green River, specifically in the Abraj area, and overlooks 3 main streets on the northern axis of Mohammed bin Zayed, on a street with a width of 124 meters, and on the main downtown street And the entrance to the government district of the capital.

Invest now in the highest skyscraper on the Green River overlooking the northern axis of Bin Zayed. Also, enjoy a panoramic view of the most important landmarks of the New Administrative Capital.

The first and largest festival tower with a direct view of the Green River. It is considered the largest administrative, commercial, medical, and residential tower in the Administrative Capital. It was launched by the Nile Real Estate Development Company, one of the largest real estate companies, in cooperation with the largest engineering consultancy companies and management and operation companies in the Middle East.

Nile 31 North Festival Tower, the Administrative Capital, is one of the best projects that have been built in the capital. It has many advantages, the most important of which is its direct view of the Green River. The project has achieved great success and reputation even before the project was launched.
The Nile Real Estate Company held a big party for the mall at Al Masa Hotel in the capital.

This company is also characterized by luxury, sophistication, creativity in design, and the longest payment period, as it has been keen to put the priorities of its customers above all priorities, as this giant civil project is the first of its kind in Egypt, and was designed with the latest technological means and methods.

The strategic location of 31 North Festival Tower New Capital

Enjoy being in one of the best strategic areas that rise 131 meters from the ground, characterized by a direct view of the Green River, specifically in the Abraj area, and overlooks 3 main streets on the northern axis of Mohammed bin Zayed, on a street with a width of 124 meters, and on the main downtown street And the entrance to the government district of the capital.

The Nile Real Estate Development Company was interested in providing all means of comfort and luxury and providing basic services that are indispensable in any giant project, and the company was keen to choose the most appropriate locations for its projects. The important thing is as follows:

  • Near To Misr Mosque, Governmental District, and Ministries District.
  • It is 5 minutes from the heritage and arts district and the shopping district.
  • Just a few steps from the Green River, all units enjoy a charming panoramic view of Al Masa Hotel.
  • Close to the most famous malls and downtown towers such as Sixty Iconic Tower and Elevado Tower.
  • Nile Tower New Capital Mall is minutes from the Egyptian Historical Museum.
  • Close to Central Park Capital Park, one of the largest parks in the world.
  • It is characterized by its proximity to the Celia entertainment project under the supervision of the Talaat Mustafa Group, and the Bodia Tower platforms.

The design of Nile Tower Project in the administrative capital.

The project was designed according to the latest international designs to suit all tastes, the height of the tower reaches 131 meters, with colored glass facades, and the tower consists of 4 basement floors for the garage, a ground floor, and 31 lofts, each floor contains a different and diversified investment activity between commercial, administrative and medical units And hotel.

The tower was built so that each unit has its own different view, whether:

  • View over the Green River, the iconic tower, and Al Masa Hotel.
  • View on the presidential district and the mosque of Egypt.
  • View over the diplomatic quarter, Celia, and the cathedral.

The tower was called 31 North because all units start from 31 meters, the length of the tower is 131 meters high, and the number of floors is 31 floors.

The project design was supervised by a group of the largest specialized engineering consultants, and the project’s goal is to transform the concept of real estate development from mere buildings and housing units to an integrated residential project, in line with the state’s different vision in the new administrative capital.

31 North Tower New Capital Nile Mall space

The project was established on a plot of the land area of 18,307 square meters, and the company used about 30% to build the tower and 70% for green spaces, landscaping, services, and facilities. The units within it vary into commercial units, administrative units, medical units, and hotel apartments,
With spaces starting from 31 square meters and hotel apartments from 50 square meters.

You should own a unit in Capital Festival Tower and enjoy the best services and features that you will get inside it.

  • The project has colored glass facades, panoramic elevators are available on the Green River, and all units overlook a wonderful and cheerful view of the green spaces.
  • Escalator for commercial units for easy movement between floors and some of them.
  • Restaurants and cafes with a high level of service.
  • A highly trained security team, 24-hour surveillance system, and cameras.
  • It is characterized by the presence of smart facility systems such as air conditioning, lighting, and firefighting systems.
  • Nile 31 North Tower has conference rooms equipped with many types of equipment with the latest technology.
  • Recreational area for children to play with their friends and enjoy games.
  • It contains areas to receive visitors and main reception offices.
  • Parking places where the company has allocated 4 floors for parking and not crowding in front of the tower.
  • The tower includes a cinema, medical services, clinics, and pharmacies to serve tower.
  • Central adaptations for each floor with distinct panoramic facades.
  • There is a dedicated customer service role that provides plumbing services to all units.

Best prices in Nile 31 North project

For everyone who wants to invest in a huge and large project like this, here is this project, where the units and spaces varied to suit all customers and investors, and the prices were as follows:

  • The price per square meter in commercial units starts from 100,000 EGP up to 220,000 EGP.
  • As for the price of medical clinics and administrative offices, it starts from 35,000 EGP to 45,000 EGP.
  • While the price per square meter for hotel apartments starts from 45,000 EGP.

Payment Systems

The real estate developer was able to develop a payment system plan to suit all customers, and provided systems up to 12 years, with a refundable advance payment in case of retraction.

  • Pay a 10% reservation down payment of the unit value, and pay the rest over 7 years in equal installments without interest.
  • Pay a 15% reservation down payment of the unit value, and the rest is paid in installments over 8 years in equal installments without interest.
  • Pay 20% of the unit value as a downpayment, and pay the rest over 9 years in equal installments without interest.
  • Pay 30% of the unit value as a reservation down payment, and pay the rest over 10 years in equal installments without interest.
  • Pay 40% of the unit value as a reservation down payment, and pay the rest over 12 years in equal installments without interest.
  • 40% cash discount, and a surprise 10% discount until the launch date of the project.
  • The company made a special offer, which is the 31 system offers, which is a 31% down payment, 31% installments over a month, and a 31% discount on the unit price.
  • A 10% maintenance deposit is paid.

Booking and finishing provider:

  • Commercial and store reservations from 50,000 Egyptian pounds and the units are delivered with shell & core finishing.
  • Submit a reservation for medical clinics and administrative offices from 20,000 Egyptian pounds and delivery with super lux finishing.
  • The hotel apartments reservation provider starts from 50,000 Egyptian pounds, and the apartments are delivered ready and fully furnished.
  • The pharmacy reservation provider from 200,000 Egyptian pounds, and is fully refunded in case the contract is not completed.

About the real estate developer

The Nile Real Estate Company is the executing company of the project and a subsidiary of the Nile and Al-Ahram Real Estate Group of Companies. It was established in 2002, and during this period it has established more than 100 projects inside New Cairo, and 35 projects have been delivered, such as Beit El Watan, Lotus, Andalus, and North Rehab.

They were involved in many vital projects; This company is characterized by long experience in this field, especially in infrastructure works, and this company was ranked among the best giant companies in the field of real estate investment in a short time since its establishment, and it deserved the position it reached in a short time.

The company continues to dazzle all clients from one project to another, as it is distinguished by its selection of the sites for setting up its projects and the designs of those wonderful projects throughout the Republic, and it is distinguished by providing wonderful services in its projects that make it, if it enters into comparison with one of the other projects, to win well, and the company was keen to deliver the projects On time according to the agreed work plan, Nile Real Estate Development Company is distinguished by having many achievements in the real estate investment world.

Nile Developments plans to expand in Egypt, especially in the new administrative capital, to start its first series of mega real estate projects like Nile Business City, under the leadership of its Chairman, Eng. Mohamed Taher.

Companies contracting with Nile Developments

  1. Hany Saad Innovations (𝐇𝐒𝐈), which is responsible for the project’s interior designs, was established in 2003, and during this period 800 projects were established in Egypt and the Middle East, including residential and commercial projects, shopping centers and administrative buildings, the most important of which are Garden 8 Mall, East Side Mall, Emaar Makkah.
  2. (𝐊𝐀𝐃) Kuwaiti Company wishes to provide advisory services for commercial real estate and supervises real estate development to achieve the highest returns on investment, its most important projects, Point 9 Mall, the Administrative Capital.
  3. (SSE) is one of the largest engineering consultancy companies in the Arab world, and its most important business is the Business Bay area of ​​Dubai and King Fahd University of Petroleum.
  4. (CFM) is one of the companies of the Orascom Group, established 15 years ago, and its most important projects are the Al-Massa Hotel in the capital and Cairo Festival City.
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