Dahab Development opens reservation for ITC project at New Capital

The ITC project is located in New Capital’s MU23 area, on an area of 8,000 sqm, with $31.76mln investments

Image used for illustrative purpose.

Image used for illustrative purpose.

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Dahab Development has opened the door for unit reservation in its first project in the New Administrative Capital, Iconic Trinity Complex (ITC), after completing more than 40% of its construction works.

The ITC project is located in New Capital’s MU23 area, on an area of 8,000 sqm, with EGP 500m investments.

Chairman of Dahab Development Nader Adeeb Moawad stated that the company has launched the first phase of the project for booking, which includes administrative, commercial and medical units with various areas that suit all customers’ needs, starting from 50 to 1,300 sqm.

Moawad added that the Iconic Trinity Complex project is situated in MU23, which is a distinguished service area located between R2 and R3, directly in front of Al Amal Square, where the Monorail 18 station is.

He pointed out that the company decided to open reservation in the project, after achieving great construction rates, added, “We raised the slogan “Book your unit and receive within a year”, which is the best delivery dates in the New Capital market, thus the project units are scheduled to be delivered by the end of next year.”

Sherif Moawad, a member of the company’s board of directors, stated that the company presents exclusive offers to customers besides a mandatory lease contract with a number of major brands immediately after receiving the unit, with a return of up to 28% for administrative units and a return of 15% for commercial units. Furthermore, the company provides various payment systems to meet needs and aspirations of customers with payment plans up to 7 years.

“We target Egyptian and non-Egyptian customers, Arabs and foreigners, and this pushes us to develop the project according to the highest construction standards globally using the latest technologies,” Sherif disclosed. “The total size of the project is 25,000 sqm, with 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.”

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