1. Introduction: Redefining Business Standards in the Fifth Settlement

In the dynamic landscape of New Cairo, where business and lifestyle converge, a new landmark is rising to redefine corporate sophistication. Elev 8 Business Complex, the sixth and latest masterpiece by Wealth Developments, is not merely a building; it is a statement of success. Situated on the prestigious South 90th Street, this project represents the culmination of decades of real estate expertise, designed specifically for visionary entrepreneurs and international investors seeking a foothold in Egypt’s most vibrant commercial district.

Elev 8 Business Complex moves beyond the traditional concept of mixed-use developments. It is an ecosystem engineered for productivity and growth. By integrating high-end retail spaces with state-of-the-art administrative offices, Wealth Developments has created a destination that pulses with activity day and night. For the expat investor or the multinational corporation, Elev 8 offers a rare combination: a prime “Golden Zone” location, cutting-edge architectural design, and the backing of a developer with a proven international track record. This is where your business elevates to the next level.

2. Project Highlights at a Glance

• Project Name: Elev 8 Business Complex.
• Developer: Wealth Developments (Wealth Plus).
• Location: Directly on South 90th Street, Fifth Settlement, New Cairo.
• Project Type: Mixed-Use (Commercial Retail & Administrative Offices).
• Unit Areas:

• Administrative Offices start from 50 SQM.
• Commercial Units start from 54 SQM.

• Price Insight:

• Admin Meter Price: Starting from 150,000 EGP.
• Commercial Meter Price: Starting from 250,000 EGP.

• Booking Fee (EOI): 50,000 EGP for Offices | 100,000 EGP for Retail.
• Amenities: Smart Building Systems, Panoramic Elevators, Meeting Halls, Underground Parking.
• Delivery: Contact for specific delivery timelines.

3. Location & Accessibility: The Commercial Artery of East Cairo

For any commercial real estate investment, location is the primary driver of capital appreciation and rental yield. Elev 8 Business Complex commands one of the most strategic plots in the entire Fifth Settlement. It sits directly on the South 90th Street, the spinal cord of New Cairo’s economy.

Why South 90th Street?

This avenue is the equivalent of a central business district, lined with major bank headquarters, multinational companies, and luxury residential compounds. Being located here guarantees visibility, prestige, and accessibility.

Key Connectivity Metrics:

• Educational Hubs: Directly adjacent to the American University in Cairo (AUC) and Future University, ensuring a steady flow of foot traffic and potential clientele.
• Commercial Neighbors: Situated directly in front of Concord Plaza, one of the most famous meeting points in New Cairo, and close to the banking sector (Banque Misr, ABK).
• Road Network: Seamless access to the Suez Road and the Ring Road, connecting you to the New Administrative Capital in under 20 minutes and Cairo International Airport in 15 minutes.
• Residential Catchment: Surrounded by high-density, affluent neighborhoods, ensuring the retail units serve a wealthy demographic.

4. The Developer: Wealth Developments (A Global Perspective)

Investing in off-plan or under-construction projects requires unwavering trust in the developer’s financial stability and execution capability. Wealth Developments stands as a pillar of reliability in the Egyptian market.

With over 20 years of experience, Wealth Developments has transcended local boundaries. Their portfolio is not limited to Egypt; they have successfully delivered projects internationally, including heavy-equipment ventures as authorized agents for Liebherr, and real estate developments in Dubai, UAE, and Kazakhstan.

A Legacy of Success:

Elev 8 is the company’s sixth project in Egypt, following a string of successful launches. Their philosophy centers on “Value Engineering”—delivering premium quality at competitive prices.

• Previous Landmarks:

• N90 Mall: A prominent commercial hub in New Cairo.
• IV Business Park: A successful mixed-use complex.
• Wingate Mall: A well-regarded project in the Fifth Settlement.
• Jeval Mall: A strategic investment in the New Administrative Capital.
• International Projects: Rixos Resort (Ras Al Khaimah) and Noor Mubarak University (Kazakhstan).

5. Full Project Description: European Architecture Meets Modern Tech

Elev 8 Business Complex is designed to be an architectural icon. Moving away from the concrete-heavy designs of the past, the complex embraces a Modern European aesthetic characterized by sleek lines, functionality, and openness.

The Glass Facade:

The building is wrapped in high-performance glass curtain walls. This is not merely an aesthetic choice; it serves two critical functions:

1. Natural Light: It floods the administrative offices with daylight, boosting productivity and reducing energy consumption.
2. Sound Insulation: It provides a quiet working environment despite the bustling activity of the 90th Street outside.

Smart Zoning:

Wealth Developments has masterfully planned the vertical distribution of the tower to ensure harmony between different activities:

• The Podium (Lower Levels): Dedicated to Commercial and Retail units. These floors are designed with wide corridors and high visibility to attract shoppers and diners entering from the main street.
• The Tower (Upper Levels): Reserved for Administrative Offices. These floors offer privacy, quietness, and panoramic views of the New Cairo skyline, creating an ideal environment for corporations and startups.

6. Unit Types & Areas: Tailored for Business Growth

Whether you are a retail brand looking for a flagship store or a growing company needing a professional headquarters, Elev 8 offers a flexible inventory designed to meet diverse business needs.

1. Commercial Retail Units:

• Starting Area: 54 SQM.
• Suitability: Ideal for cafes, restaurants (F&B), fashion boutiques, pharmacies, and banking branches. The layout ensures maximum frontage and exposure to the high footfall of the 90th Street.

1. Administrative Offices:

• Starting Area: 50 SQM.
• Suitability: Perfect for law firms, tech startups, consultancy agencies, and regional offices for multinational companies. The spaces are modular, allowing investors to combine units for larger footprints if required.

Note: The efficient design minimizes wasted space (columns and corridors), giving you more usable square meterage for your investment.

7. Facilities & Amenities: A Grade-A Business Environment

To attract top-tier tenants and ensure high rental yields, a business complex must offer more than just four walls. Elev 8 is equipped with “Smart Building” technology and premium amenities that facilitate business continuity.

• Smart Access & Security: The building features electronic gates, smart ID access for employees, and a comprehensive 24/7 CCTV surveillance system monitored by professional security personnel.
• Business Center: Fully equipped meeting rooms and conference halls are available for tenants, reducing the need to dedicate expensive office space to large boardrooms.
• Vertical Mobility: High-speed panoramic elevators and escalators ensure smooth traffic flow between floors, minimizing wait times during rush hours.
• Underground Parking: A spacious, multi-level underground garage utilizes smart parking systems to accommodate tenants and visitors, solving the chronic parking issue on 90th Street.
• Connectivity: High-speed fiber optic internet infrastructure is pre-installed throughout the building.
• Financial Services: On-site ATMs and banking facilities to facilitate daily transactions.
• Maintenance: A dedicated facility management team handles cleaning and maintenance, ensuring the asset retains its value and pristine condition.

8. Pricing & Payment Plans: Competitive Investment Entry

In a market where prices are rapidly escalating, Wealth Developments offers a competitive pricing structure that balances premium location with investment viability.

Pricing Overview:

• Administrative Offices: Price per meter starts from 150,000 EGP.
• Commercial Retail: Price per meter starts from 250,000 EGP.

Booking (EOI):

To secure your unit, a refundable Expression of Interest (EOI) is required:

• 50,000 EGP for Administrative Offices.
• 100,000 EGP for Commercial Units.

Payment Plans:

Wealth Developments is known for offering flexible payment structures designed to ease cash flow for investors. While specific plans are tailored to the launch phase, they generally include:

• Low Down Payments: Facilitating entry for a wider range of investors.
• Long-Term Installments: Spreading the cost over several years to align with the construction progress and potential rental income.
• Please contact us for the detailed breakdown of the current payment schedule.

9. Challenges & Cons: Transparency First

While Elev 8 Business Complex is a prime investment, it’s important to consider all factors:

• High Traffic Zone: Being on South 90th Street means excellent visibility, but also means dealing with heavy traffic during peak hours. However, the multiple access points and smart parking help mitigate this for tenants.
• Premium Price Point: The price per meter reflects the “Golden Zone” location. While higher than secondary streets, the ROI potential and asset appreciation in this specific strip are historically superior.

10. Why Elev 8 is Ideal for Foreign Buyers & Expats

If you are evaluating the Egyptian market from abroad, Elev 8 represents a “Safe Haven” investment for several compelling reasons:

1. The “90th Street” Factor: Real estate on the 90th Street is a scarcity asset. Land supply here is exhausted. Owning property on this street is akin to owning property on Fifth Avenue or Oxford Street locally; it holds its value and appreciates consistently.
2. Dollar-Hedged Income: Commercial and administrative real estate in this area commands high rental rates, often pegged to the dollar or adjusted for inflation annually. This protects your capital against currency devaluation.
3. High Demand: The proximity to the AUC and the banking sector ensures near-zero vacancy rates. Multinational companies and top retailers always seek presence in this specific corridor.
4. Developer Reliability: Wealth Developments’ international experience and robust financial standing mitigate the construction risks often associated with smaller developers.
5. Turnkey Management: The presence of professional facility management makes it easy for overseas investors to maintain the asset without being physically present.

11. Frequently Asked Questions (FAQ)

Q: Where exactly is Elev 8 Business Complex located?

A: It is located directly on the South 90th Street in the Fifth Settlement, New Cairo, right in front of Concord Plaza and next to the American University in Cairo.

Q: What is the minimum unit size for investment?

A: You can start investing with an administrative office starting from 50 square meters or a retail shop starting from 54 square meters.

Q: Is the project suitable for a medical clinic?

A: While the primary focus is Commercial and Administrative, the high-traffic location and professional environment make it suitable for specialized clinics. Please check the specific zoning with our sales team.

Q: Who is the developer behind the project?

A: The project is developed by Wealth Developments, a company with over 20 years of experience in Egypt, UAE, and Kazakhstan.

Q: How can I book a unit?

A: You can secure a unit by paying a refundable Expression of Interest (EOI) fee: 50,000 EGP for offices or 100,000 EGP for commercial units.