Evet Mall New Administrative Capital represents Empire State Developments’ bold entry into the commercial real estate sector, strategically positioned in the MU12 district at the heart of Egypt’s new capital. Spanning 4,800 square meters with a striking facade overlooking main roads and a plaza measuring 50 to 60 meters wide, this modern commercial hub combines smart design with accessible pricing. Developed by a company with 32 years of construction expertise, Evet brings together retail shops, banks, pharmacies, restaurants, and cafes in one integrated destination.

Starting from 35 square meters, commercial units are priced at EGP 210,000 per square meter with flexible payment terms requiring just 10% down and installments stretched over eight years. Designed by renowned architectural firm Mahram Bakhoum, the ground-plus-four-floor structure delivers a contemporary shopping and business environment positioned minutes from major landmarks and residential zones, making it an attractive proposition for investors seeking quick returns in Egypt’s fastest-growing city.

Why Invest in Evet Mall New Administrative Capital?

Evet Mall stands out in Egypt’s commercial market for several compelling reasons that make it worth serious consideration for investors and business owners.

Prime MU12 Location: Situated at the intersection of Bin Zayed South Axis and the Central Axis, offering maximum visibility and accessibility to thousands of daily commuters and residents.

Competitive Square Meter Pricing: At EGP 210,000 per sqm, Evet Mall delivers better value than comparable commercial developments in the Downtown district while maintaining premium positioning.

Minimal Down Payment Entry: Starting with just 10% down payment makes commercial ownership accessible to emerging businesses and established brands alike, removing traditional capital barriers.

High-Density Residential Catchment: Located between R4 and R5 residential zones, the mall benefits from immediate proximity to thousands of households seeking convenient shopping and services.

Integrated Mixed-Use Design: Unlike single-purpose buildings, Evet combines retail, F&B, banking, and pharmacy services, creating natural foot traffic throughout the day.

Proven Developer Track Record: Empire State Developments brings over three decades of construction experience across 500+ projects in the Middle East, ensuring quality delivery and timeline adherence.

Strategic Government Proximity: Positioned near ministerial buildings, the Central Bank, and diplomatic facilities, attracting professional clientele with higher spending power.

Quick ROI Timeline: The MU12 district’s rapid development and Evet’s strategic positioning promise faster return on investment compared to peripheral locations.

Evet Mall New Administrative Capital Location & Accessibility

Empire State Developments selected the MU12 plot after extensive market research, recognizing this district as the commercial heart of the New Administrative Capital. The location sits at a critical junction where the Bin Zayed South Axis meets the Central Axis, creating a natural convergence point for traffic from multiple directions. This strategic placement wasn’t accidental—it positions Evet Mall where residential clusters, government institutions, and major thoroughfares intersect, guaranteeing consistent visitor flow regardless of seasonal fluctuations.

What makes this location particularly valuable is its relationship to the capital’s master plan. The MU12 district was designated specifically for commercial and mixed-use development, meaning Evet benefits from zoning laws that encourage business activity while limiting direct residential competition. The surrounding infrastructure, including wide boulevards and planned transport connections, supports both vehicle and pedestrian access, making the mall reachable from virtually any point in the capital within minutes.

Key Landmarks Near Evet Mall:

• 2 minutes from the New Administrative Capital main gates
• 3 minutes from Al Fattah Al Aleem Mosque
• 1 minute from Hertfordshire British University
• 5 minutes from the Iconic Tower and German International University
• Direct views of the Green River and Tiba Rose Hotel
• 20 minutes from New Cairo
• Walking distance from R4 and R5 residential compounds
• Minutes from government ministries and the Central Bank

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Design & Architecture at Evet Mall

Master Plan & Commercial Concept

Evet Mall’s design philosophy centers on creating an inviting, efficient commercial environment rather than an oversized complex. Built on 4,800 square meters, the project allocates space thoughtfully between built structures, plaza areas, and service zones. The ground-plus-four-floor configuration allows for vertical separation of different business types while maintaining easy circulation through multiple elevator banks and interior escalators.

Renowned architectural consultancy Mahram Bakhoum brought international design standards to the project, creating a contemporary facade that commands attention from the surrounding 50-60 meter wide plaza and main street frontage. The building’s positioning on three open sides maximizes natural light penetration to interior units while giving prominent street presence to ground-floor establishments.

Unlike traditional enclosed malls, Evet incorporates an open plaza concept on the ground level, allowing for outdoor cafe seating and creating visual permeability that invites passersby inside. The upper floors feature continuous glass panels that advertise the commercial activity within while providing tenants with plaza and street views—valuable marketing real estate for brands.

Unit Design & Interior Layouts

Commercial spaces inside Evet range from compact 35 square meter shops to larger footprints for anchor tenants, all delivered with flexible layouts that accommodate various business models. Ground floor units benefit from direct street access and plaza visibility, making them ideal for banks, pharmacies, and quick-service restaurants where walk-in traffic drives revenue.

Upper floors feature modular designs allowing businesses to combine adjacent units if needed, creating larger showrooms or split-level operations. All units include provisions for modern MEP systems, with centralized air conditioning, high-speed internet infrastructure, and backup power ensuring uninterrupted operations even during grid fluctuations.

The interior common areas utilize wide corridors and strategic sightlines, allowing shoppers to view multiple storefronts simultaneously rather than wandering through narrow passages. This design increases visibility for all tenants, not just corner units, helping smaller businesses compete for attention in the same space as established brands.

Unit Types in Evet Mall New Administrative Capital

Evet Mall focuses on commercial units designed for retail and service businesses, with sizes calibrated to match different business scales and budget levels.

Commercial shops starting from 35 square meters cater to boutique retailers, quick-service food concepts, accessory stores, and specialty shops that don’t require extensive inventory space. These compact units maximize efficiency, allowing businesses to maintain lower overhead while still accessing premium foot traffic.

Ground floor commercial spaces, featuring direct plaza access, range from 50 to 100+ square meters and are specifically designated for banks, pharmacies, cafes, and restaurants that benefit from street visibility and walk-in clientele. These units command higher rental and sale values due to their strategic positioning and natural marketing advantages.

Upper floor commercial units, spanning floors one through four, accommodate retail brands, service providers, and office-retail hybrids. Sizes vary from 40 square meters to 120+ square meters, with flexible configurations allowing businesses to expand by combining adjacent units as their operations grow.

The fourth floor includes designated F&B outlets and entertainment concepts, creating a destination dining experience that pulls visitors to upper levels while distributing foot traffic throughout the building rather than concentrating it solely on ground level.

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Evet Mall New Administrative Capital Pricing Strategy

Empire State Developments positioned Evet Mall’s pricing to attract both individual investors and established commercial operators looking for accessible entry points into the capital’s booming commercial sector. At EGP 210,000 per square meter, the pricing undercuts many competing developments in the Downtown and MU districts while delivering comparable location advantages and infrastructure quality.

The pricing structure reflects the developer’s strategy of prioritizing volume and quick absorption over maximum margin extraction. By setting per-square-meter rates below market leaders, Evet appeals to emerging businesses, franchisees, and investors who might be priced out of premium developments but still want new capital exposure. This approach also accelerates sales velocity, ensuring the mall reaches operational capacity faster and creating the vibrant commercial atmosphere that drives long-term value.

Price variations within the project depend primarily on floor level and specific positioning. Ground floor units, particularly those with plaza frontage, command premium pricing due to their marketing value and traffic advantages. Upper floor units decrease incrementally in price per square meter, though they compensate through larger floor plates and combination possibilities. Corner units and those positioned near elevator lobbies or main entrances carry price premiums regardless of floor, reflecting their superior visibility.

Pricing Overview:

• Starting Price per SQM: EGP 210,000
• Minimum Unit Size: 35 sqm
• Estimated Starting Unit Price: EGP 7,350,000 (for 35 sqm)
• Estimated Mid-Range Unit Price: EGP 15,750,000 (for 75 sqm)
• Price Factors: Floor level, plaza visibility, proximity to elevators, unit size

Note: Prices subject to change based on selection and timing. Contact for current pricing.

Evet Mall Payment Plans

Empire State Developments structured Evet Mall’s payment terms to remove traditional barriers that often prevent smaller businesses and individual investors from entering commercial real estate. The standard payment plan requires only 10% down payment with the balance spread equally over eight years, creating affordable monthly obligations even for units in the multi-million pound range.

This extended payment period, combined with the low initial outlay, means investors can secure units, begin generating rental income or operating their businesses, and use those cash flows to service their payment obligations. The zero-interest structure eliminates compounding costs, making the actual price paid equal to the contract price regardless of payment duration.

Available Payment Plan:

• Down Payment: 10%
• Installment Period: 8 years
• Installment Structure: Equal monthly payments
• Interest: 0% (no additional charges)
• Booking Deposit: EGP 50,000
• Delivery Timeline: To be confirmed

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Amenities & Facilities at Evet Mall

Essential Infrastructure

Evet Mall operates on a foundation of modern building systems that ensure reliable, professional operations for all tenants. Centralized air conditioning maintains comfortable temperatures throughout the year, critical for Egypt’s summer climate and customer retention. High-speed internet infrastructure supports today’s digital commerce requirements, from payment processing to inventory management and customer engagement platforms.

Security operations run 24/7 through a combination of professional guard personnel and comprehensive CCTV coverage monitoring all public areas, entrances, and parking facilities. Electronic access gates manage entry and exit flow while collecting traffic data that helps tenants understand peak shopping periods. Emergency preparedness includes modern fire detection and suppression systems, multiple emergency exits positioned throughout the building, and backup generators that activate automatically during power interruptions.

Parking facilities spread across underground and surface areas accommodate hundreds of vehicles, with dedicated zones for customer parking, delivery vehicles, and VIP spaces. ATM machines from major Egyptian banks provide convenient cash access for shoppers, while centralized maintenance services keep common areas pristine through contracts with international facility management companies.

Commercial & Service Features

The ground floor hosts a mix of essential services including banking facilities, pharmacy operations, and quick-service restaurants, creating a one-stop destination for daily errands that increases visit frequency. First and second floors feature international and local retail brands alongside cafes and specialty stores, while upper floors accommodate dining concepts and entertainment options that extend dwell time and encourage multi-purpose visits.

Plaza areas provide outdoor seating for F&B outlets, creating social gathering spaces that attract evening crowds and weekend shoppers beyond typical retail hours. Designated delivery and loading zones separate commercial traffic from customer areas, maintaining aesthetic appeal while ensuring smooth logistics for tenant operations.

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Investment Value & ROI Potential in Evet Mall

Evet Mall presents a compelling investment thesis based on several converging factors. The New Administrative Capital’s population is projected to reach 6.5 million residents within the next decade, creating exponential demand for commercial and retail services. As one of the first operational commercial centers in the MU12 district, Evet Mall captures early-mover advantage, establishing brand presence before market saturation occurs.

Commercial properties in the capital’s central districts have shown annual appreciation rates between 12-15% as the city develops and infrastructure comes online. Rental yields for retail and commercial spaces in similar developments range from 8-10% annually, though premium locations with superior foot traffic can exceed these benchmarks. Evet’s positioning between high-density residential zones and government institutions creates diverse revenue streams less vulnerable to economic cycles than pure retail-dependent locations.

The flexible payment terms allow investors to begin generating rental income before completing their payment obligations, effectively financing purchases through tenant cash flows. For owner-operators, the location’s strong demographics and limited competition in the immediate vicinity promise faster breakeven compared to established commercial districts where market penetration requires significant marketing investment.

Compared to similar-sized commercial units in Downtown or the CBD, Evet delivers comparable location benefits at approximately 15-20% lower entry costs, expanding the potential buyer pool and ensuring strong resale liquidity. The developer’s track record of delivering 500+ projects suggests reliable completion timelines, reducing speculative risk that plagues less-established developers.

About Empire State Developments

Empire State Developments entered Egypt’s real estate market backed by 32 years of construction and electromechanical contracting experience across the Middle East. Founded in 1989 by Engineer Mahmoud El Serrag, the company initially specialized in infrastructure and MEP systems for large-scale projects before expanding into real estate development. This technical foundation differentiates Empire State from purely financial developers, bringing hands-on construction knowledge and quality control to their projects.

The company’s portfolio exceeds 500 completed projects spanning residential, commercial, and infrastructure sectors across Egypt and Gulf markets. This extensive experience translates to reliable delivery timelines and construction quality, critical factors for commercial investors whose returns depend on prompt project completion and operational readiness.

Empire State’s approach emphasizes practical, well-located developments over architectural experimentation, focusing on proven designs that meet market demand rather than pursuing signature projects. This philosophy aligns with investor priorities of predictable returns and straightforward transactions, making the company a preferred partner for buyers seeking commercial assets rather than trophy properties.

With Evet Mall, Empire State brings its three-decade expertise to the New Administrative Capital’s commercial sector, applying lessons learned from hundreds of previous projects to create a commercially viable, investment-grade retail destination.

Considerations for Potential Investors

Evet Mall’s location in the MU12 district, while strategic, places it in a rapidly developing area where surrounding infrastructure is still coming online. Potential investors should verify the current status of road completions, utility connections, and nearby residential occupancy rates, as these factors directly impact foot traffic and commercial viability during the project’s early operational years.

The New Administrative Capital remains a relatively new market with limited historical performance data for commercial properties. While projections are optimistic based on government investment and population migration plans, actual absorption rates and rental values will become clearer only as more residents relocate and businesses establish operations.

Competition from other commercial developments in neighboring MU districts and the Downtown area will intensify as more projects complete, potentially affecting rental rates and occupancy levels. Early investors benefit from first-mover advantages, but should consider their long-term hold strategy given evolving market dynamics.

For current market analysis and tenant interest levels, contact us
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