Okan 2 New Capital Details & prices 2026

Okan 2 New Capital by El Ezz Developments represents a focused administrative investment in the heart of the Business District, positioned directly opposite the Central Bank of Egypt. Spanning 9,100 sqm, this 8-story development (ground floor plus 7 repeated floors) delivers exclusively administrative offices starting from 38 sqm. With prices beginning at EGP 110,000 per sqm, the project offers straightforward access to New Capital’s financial hub through payment plans requiring just 10% down with installments extending to 10 years.

The development occupies prime frontage on the Central Axis with panoramic views of Capital Park’s central garden. El Ezz structured the project around professional workspace requirements, allocating 30% to buildings and 70% to open areas including a 3,500 sqm circular plaza connecting multiple mall entrances. Floor areas range from 3,400 to 4,000 sqm, providing flexible subdivision options for individual offices, customer service centers, and corporate headquarters.

Why Invest in Okan 2 New Capital?

Okan 2 New Capital provides targeted advantages for buyers seeking administrative presence in the New Capital’s established business zone:

Central Bank Frontage: Direct positioning opposite Egypt’s Central Bank places offices at the financial district’s operational center, maximizing professional visibility.

Business District Core: Location within the Money and Business District ensures proximity to government ministries, diplomatic quarter, and established commercial operations.

Administrative Focus: Exclusive dedication to office space eliminates mixed-use complications, creating consistent professional environment without residential or hotel conflicts.

Accessible Pricing Structure: Starting rates of EGP 110,000 per sqm position below premium tower prices while maintaining prime location benefits and professional infrastructure.

Extended Payment Terms: Ten percent down payment with 10-year installment periods reduces capital requirements for businesses establishing New Capital operations.

Established Infrastructure: Business District maturity level exceeds most New Capital zones, with functioning Central Bank, ministry operations, and completed road networks supporting immediate occupancy.

Proven Developer Track Record: El Ezz’s successful delivery of Okan 1 in similar location demonstrates execution capability and understanding of administrative market requirements.

Okan 2 Location & Accessibility

The Business District anchors New Capital’s financial operations, housing the Central Bank, key ministries, and diplomatic facilities. Okan 2’s placement directly opposite the Central Bank on the Central Axis creates professional advantages that extend beyond simple proximity—this positioning establishes immediate credibility for office tenants while providing walkable access to government decision-makers and financial sector professionals.

Central Axis connectivity links the development to both northern and southern Bin Zayed axes, facilitating vehicle access from residential districts and Cairo proper. The completed road infrastructure and operational government facilities distinguish this zone from developing New Capital areas still awaiting basic services.

Nearby Landmarks:

Directly opposite Central Bank of Egypt
3 minutes to Government District
4 minutes to Council of Ministers
5 minutes to Bin Zayed North and South axes
Adjacent to Capital Park central garden
5 minutes to Monorail main station
Walking distance to Financial District
Near Diplomatic Quarter

Design & Architecture at Okan 2 Mall

El Ezz designed Okan 2 around administrative functionality rather than architectural statement-making. The building’s 8-story structure (ground plus 7 repeated floors) maximizes leasable space while maintaining manageable elevator and service core dimensions. Floor plates ranging from 3,400 to 4,000 sqm accommodate various office configurations—from individual professional suites to full-floor corporate headquarters.

Glass facade treatment provides natural lighting throughout office spaces while creating visual connection with the Central Axis and Capital Park. The 30% building-to-land ratio preserves 70% for open areas, primarily the 3,500 sqm circular plaza designed to link multiple entrance points and create outdoor gathering space for tenants and visitors.

The plaza’s circular design connects building entrances through landscaped pathways with seating areas and transparent storefronts. This layout serves dual purposes: providing tenant amenity space while maintaining professional character through controlled public areas rather than extensive retail or entertainment zones.

Interior layouts emphasize flexibility, with structural systems supporting various partition configurations. Standard office infrastructure includes central air conditioning, high-speed elevator banks (separated for visitors and employees), and digital backbone supporting modern business connectivity requirements. These systems meet professional office standards without the premium finishes and smart building technology that drive costs in luxury towers.

Unit Types in Okan 2 New Capital

Okan 2 offers exclusively administrative office units, ranging from compact individual offices to expansive corporate spaces. The smallest units begin at 38 sqm—suitable for independent professionals, startups, or satellite offices—while larger configurations accommodate teams and established companies requiring substantial workspace.

Floor plan flexibility allows unit combination for businesses needing custom sizes, with infrastructure positioned to support various partition arrangements. This approach serves diverse tenant profiles from solo practitioners to mid-size firms establishing New Capital presence without full-floor commitments.

Unit characteristics include:

Individual Offices: Starting from 38 sqm, designed for professionals requiring modest dedicated space with shared building amenities.

Mid-Size Suites: 65-90 sqm configurations supporting small teams with reception areas and private office separation.

Corporate Headquarters: 150+ sqm layouts providing space for multiple departments, conference rooms, and substantial staff accommodation.

Each unit receives core and shell delivery with basic finishes, allowing tenants to customize interiors according to specific operational requirements and brand standards.

Okan 2 New Capital Pricing Strategy

El Ezz positioned Okan 2 pricing to attract businesses seeking Business District presence without premium tower expense. The EGP 110,000-120,000 per sqm range reflects location value while remaining accessible compared to newer developments commanding higher rates based on enhanced amenities or architectural prestige.

Pricing variation within the range accounts for floor level, Capital Park views, and unit size—with larger spaces typically achieving better per-sqm rates than smallest configurations. Ground and lower floors serving commercial or high-traffic functions may price differently than upper-floor quiet office space, though all units maintain consistent professional standards.

Price Breakdown:

Price per sqm: EGP 110,000 – 120,000
Starting unit price (38 sqm): From EGP 4,560,000
Mid-size office (90 sqm): Approximately EGP 9,900,000 – 10,800,000
Large corporate space (150 sqm): Approximately EGP 16,500,000 – 18,000,000

Payment Plans at Okan 2 New Capital

El Ezz structures payment terms to accommodate business cash flow patterns, recognizing that companies establishing New Capital operations typically prefer extended payment periods that preserve working capital. The 10% down payment requirement represents minimal upfront commitment, while 10-year maximum installment terms distribute remaining costs across manageable annual payments.

Multiple down payment tiers provide flexibility for buyers with different financial profiles, with higher down payments accessing longer installment periods:

10% down payment with 6-year installments
10% down payment with 7-year installments
10% down payment with 8-year installments
15% down payment with 9-year installments
20% down payment with 10-year installments

All plans distribute remaining balance in equal installments without interest charges. Maintenance fees apply upon delivery, with professional building management handling common area upkeep, security, and facility operations from first occupancy day.

Amenities & Facilities at Okan 2

Okan 2 provides infrastructure necessary for professional office operations rather than extensive lifestyle amenities typical of residential or mixed-use developments. Facility planning prioritizes business functionality—reliable systems, professional environment, and services supporting daily office operations.

Essential Services:

24/7 Security and Surveillance: Professional teams maintain access control through electronic gates and comprehensive CCTV monitoring covering all building areas and parking facilities.

Central Air Conditioning: Integrated HVAC systems maintain climate control throughout the building with zone management allowing temperature adjustment for different areas.

High-Speed Elevator Systems: Multiple lift banks separated between visitor and employee access reduce wait times during peak hours, with capacity designed for building occupancy levels.

Underground Parking: Smart management systems facilitate vehicle entry and exit, with designated spaces reducing congestion and supporting tenant and visitor parking needs.

Property Management: Dedicated teams handle maintenance requests, facility coordination, cleaning services, and building operations from delivery day.

High-Speed Internet Infrastructure: Building-wide connectivity supports modern business operations with capacity for data-intensive activities and cloud-based systems.

Professional Facilities:

Conference Rooms: Equipped meeting spaces serve tenant presentation needs, client consultations, and professional gatherings with modern audio-visual capabilities.

Reception Areas: Professional-grade entry zones create appropriate first impressions for client-facing businesses and corporate offices.

Cafeteria and Rest Areas: Internal break spaces provide employees with meal and refreshment options during working hours.

Maintenance and Cleaning: Regular facility upkeep maintains professional standards across offices, common areas, restrooms, and exterior spaces.

Investment Value & ROI Potential

Okan 2 positions favorably for investors evaluating administrative real estate in New Capital’s functioning business zones. The Central Bank frontage and Business District location create tenant demand drivers that speculative zones still developing infrastructure cannot match—government employees, financial sector professionals, and companies requiring proximity to ministry operations represent established rather than projected market.

Administrative office yields in operational New Capital districts typically range from 7-10% annually, driven by corporate lease terms spanning 2-3 years. This provides income stability compared to short-term residential rentals, with professional tenants generally maintaining properties and honoring lease commitments more reliably.

Capital appreciation potential stems from New Capital’s continuing development as Egypt’s administrative center. As government operations transfer from Cairo and diplomatic missions establish permanent presence, Business District property values benefit from increasing demand for limited prime locations. Early-stage purchases like Okan 2 capture this growth at pre-maturity pricing.

The administrative-only structure eliminates revenue stream complexity inherent in mixed-use properties. Owners face straightforward leasing to business tenants rather than managing retail operations, hotel partnerships, or residential tenant turnover. This simplification reduces management burden while maintaining professional tenant base.

About El Ezz Developments

El Ezz Developments operates in Egypt’s real estate sector with 30 years of experience spanning residential, commercial, and hospitality projects. The company established operations in 1995 and expanded beyond Egypt into European, Asian, and African markets, maintaining six international offices supporting diverse development portfolio.

The company’s approach emphasizes location selection in high-demand zones rather than architectural experimentation, focusing on delivering functional projects that serve market needs. This philosophy manifests in developments like Okan 1, which preceded Okan 2 in similar Business District positioning and demonstrated demand for straightforward administrative space near government operations.

Previous Projects:

Okan 1 New Capital: Administrative mall in Business District serving professional tenants with office space, restaurants, and cafes in prime location near financial institutions.

Destino Tower New Capital: Mixed-use development in Downtown featuring commercial, administrative, and medical units with competitive pricing and payment flexibility.

El Ezz maintains focus on New Capital developments while continuing operations in resort markets like Hurghada’s Arena Blanca resort, which provides tourist accommodations near airport facilities. This diversification balances administrative/commercial specialization with hospitality sector participation.

Potential Considerations

As an exclusively administrative development, Okan 2 serves specific buyer profiles—businesses and investors targeting office space rather than residential or mixed-use properties. This specialization creates market concentration risk if administrative demand softens, though Business District’s established operations mitigate this concern relative to developing zones.

The 38 sqm minimum unit size may limit appeal for larger corporations requiring extensive space, as even maximum configurations remain modest compared to full-floor or multi-floor headquarters options available in premium towers. Companies seeking prestige addresses or extensive amenities may prefer newer developments despite higher costs.

Construction and delivery timelines warrant attention, as New Capital projects have experienced delays industry-wide. Buyers should verify current completion status and request binding delivery schedules with penalty clauses protecting against extended wait periods.

The Business District’s vehicle-dependent access may challenge daily operations if public transportation infrastructure remains limited. While Monorail stations exist nearby, comprehensive transit systems comparable to established cities have yet to fully develop, potentially affecting employee commuting and client accessibility.

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Okan 2 New Capital Details & prices 2026

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Why Invest in Okan 2 New Capital?