Diamond City New Capital

The most important details about the latest projects of the New Capital, Diamond City

Diamond City Administrative Capital is still the focus of media and news sites because it is a modern global project that was launched on Egyptian soil. Diamond City includes all types of units to suit everyone, whether looking for housing or investment units. The project has reached the highest levels of luxury thanks to the huge investments and creative minds that helped it emerge in an honorable manner.

Diamond City Compound Location

Diamond City Project enjoys an excellent location in the New Administrative Capital, giving it more vitality and importance because it overlooks many strategic areas and important landmarks, such as:

• The Green River: Famous for its charming scenery, it is the largest park in the whole Middle East.
• Down Town: One of the most famous areas in New Capital and enjoys a great deal of vitality.
• The Diplomatic Quarter: It is one of the most important neighborhoods in the New Capital and is characterized by a great deal of sophistication.
• Several main roads and important axes: contributed to facilitating transportation to and from it.

Diamond City Compound Space

Diamond City Compound is one of the largest projects launched recently in the New Capital, with an investment space of about 4 million square meters, while the land space is estimated at 2.5 million square meters, so the volume of its investments amounted to approximately 100 billion pounds over 7 years.

Diamond City New Capital includes huge buildings designed in the form of towers and skyscrapers with attractive and creative designs inspired by the world-famous Dubai towers, with heights of 60 to 180 meters.

The secret behind the genius and modern engineering design of the compound lies in choosing one of the most famous and experienced specialized offices to take over all matters related to the engineering consultancy for the project, the office of Engineer Hassan Sabbour, who was chosen by agreement with the international Lebanese Alliance.

With the enormity of the project, it was necessary to include all types of residential and non-residential units with the largest possible number of spaces that suit the needs of all target customers, which are:

• Apartments
• Duplex
• Penthouse
• Twin house
• Commercial units
• Administrative units

Diamond City Alliance Services and Features

The initial information that was announced about Diamond City New capital, bodes that the new capital is on the verge of opening one of the largest and most important international projects on its land, as its organizers have pumped huge investments and unlimited possibilities to establish a solid infrastructure and provide it with various types of services, especially as it is a cooperation between huge entities in the Egyptian and international real estate sector. Its services are:

• Security services are available throughout the day in the compound, where the staff responsible for the security and guarding is permanently present.
• The entire place is equipped with the latest types of surveillance cameras, which are characterized by their high quality and extreme accuracy.
• All possible possibilities, whether material, human or technical, to implement the project on a global level.
• Using the latest technical methods and technological devices to implement the project in a manner that keeps pace with modern global trends.
• All units have the latest designs that are characterized by extreme sophistication and luxury that impress everyone who sees them.
• Using the latest advanced systems in all aspects, even those related to garbage collection, because everything inside the project keeps pace with the latest global trends.
• Various health centers include medical clinics in addition to pharmacies that provide services to customers all day.
• Several modern educational facilities provide educational services for different groups and ages.
• The latest types of electric elevators are characterized by tremendous speed and keep pace with global technological development.
• Ensuring the construction of the compound streets with large spaces to provide more privacy for the residents of the different buildings and at the same time to prevent crowding or crowding with cars.
• The latest and most advanced fire-fighting systems ever, helping to provide maximum protection to residents even in emergencies.
• Many areas to stroll around in addition to a chain of fully equipped cafes and fine restaurants that go along with the luxury of the place.
• Several garages and fully securing them to facilitate the process of parking residents’ cars in safe places to avoid any potential problems if they are parked in remote or unsecured areas.
• Ensuring the implementation of all health and safety procedures approved by environmental laws that conform to international standards.
• Spreading a charming atmosphere throughout the compound by designing spacious gardens and green spaces extending over the vast majority of its space.
• Special tracks are designed for hiking, biking, or even enthusiasts in an open space in the middle of the open air.
• Providing the project with external decorations that give it more sophistication and luxury, represented by the water bodies that are spread throughout it.
• Many high-end shops facilitate the residents' access to the highest quality products and the most famous brands.
• Recreational services for all age groups for children, youth, and the elderly.

Diamond City New Administrative Capital Prices

Despite the enormity of the project, its prices are not exaggerated at all. Rather, it can be considered one of the best prices in the real estate market so far, as the price per square meter is 53,500 pounds as a minimum, subject to increase according to the specifications of the unit, and this means that customers will find a variety of price packages for the project units.

Payment systems in Diamond City Project

The available payment systems are as easy as possible to suit different customers, which prompts a huge number of them to reserve units within it as soon as possible to seize this opportunity before it is too late.

It is noteworthy that the project-based Al-Asema Company, in cooperation with the Global Alliance, has granted the alliance a period of up to 6 months to pay $100 million as a downpayment (initial payment) of the cost of the land on which the project was built. The revenue is supposed to be divided between the two parties as follows:

• Alliance: gets 55% of the value of revenues
• The Administrative Capital Company: gets 45% of the value of the revenues

The Egyptian government aims to encourage foreign investment in addition to creating many job opportunities for young people through this huge project.

Disadvantages of Diamond City Compound in New Administrative Capital

Despite the many advantages of Diamond City Compound in the New Administrative Capital, some may consider its location far from the vibrant areas in downtown Cairo as a negative factor. However, the compound is surrounded by a large network of roads and main axes, in addition to the availability of advanced means of transportation such as the electric train and monorail in the Administrative Capital. This advanced infrastructure makes accessing to and from the Administrative Capital convenient, and therefore Diamond City offers an opportunity to live in a quiet, luxurious environment while enjoying seamless connectivity to different parts of Cairo and its suburbs.

Owner Company and Previous Works

The implementation of Diamond City with this amount of luxury was an inevitable result of the cooperation of huge entities in the real estate world in its implementation represented in the cooperation of The Administrative Capital for Urban Development with the alliance of international companies (Alliance Real Estate).

Alliance companies is a huge entity with a global affair because it is one of the largest alliances in the European world and includes a large number of major companies in the world of different nationalities, and for the Egyptian company is Smart for Construction and Urban Development.

Egypt does not bear any material costs within the financing provided by the global alliance of Alliance companies, because the entire project is financed by countries abroad.

It is worth noting that the cooperation contract with the Alliance was signed in early July of the year 2020 during the celebrations of the July Revolution, by Major General Ahmed Zaki Abdeen, who chairs the Board of Directors of the Capital Company, and Mohamed Mahmoud Al-Brahmi, who chairs the Board of Directors of Smart Urban Development, during the presence of the leaders in The two companies and each of:

• Eng. Omar Sabbour, who holds the position of Vice Chairman of the Board of Directors of the office of Eng. Hussein Sabbour.
• Eng. Gobran Yousef Bawari, who chairs the Board of Directors of Bawari Engineering Consultants and Planning.

Experience Luxury: Most Prominent Compounds Adjacent to Diamond City New Capital Compound Project!

A group of luxurious compounds is located in the heart of the New Administrative Capital, next to the Diamond City project, and these compounds are characterized by providing a modern and integrated residential experience.

1. Pukka Compound: It comes at the forefront of these compounds, providing a central location close to essential services and vital streets. This compound includes a wide variety of luxurious apartments with modern facilities such as swimming pools, health clubs, and shops.
2. While Oia Compound stands out with its innovative architectural design and includes advanced services. Residential units there are diverse and surrounded by stunning natural scenery to provide a quiet and attractive environment.
3. Rhodes Compound offers a modern design and a group of residential units with elegant finishes. It comes with multiple options for shopping and entertainment, making life easier and more enjoyable.
4. Castle Landmark Compound is one of the ideal options for those looking for a mix between distinctive urban design and diverse services such as commercial areas and green rest areas.
5. Jnoub Compound: It offers a unique experience with modern architectural designs and integrated recreational facilities including swimming pools and beautiful gardens that give the place a special character.
6. Finally, The Loft Compound is considered an ideal option for those wishing to live in luxury, combining elegance in design and efficiency in providing services and facilities.

These compounds provide exceptional opportunities for living in the heart of the new capital, for everyone seeking to invest in an unparalleled location and luxury.