1. Introduction: A New Paradigm of Business Excellence

The landscape of New Cairo is undergoing a sophisticated transformation. As the city cements its status as Egypt’s administrative and commercial capital, the demand for “Class-A” business destinations has skyrocketed. Enter Glare Mall New Cairo, a visionary project by Areva Developments that redefines the concept of a mixed-use complex.

Located on the prestigious North 90th Street, Glare Mall is not merely a building; it is a statement of corporate identity and commercial success. Backed by Areva’s 37-year legacy, this project is engineered to serve the elite. It bridges the gap between high-end retail therapy and a productive, state-of-the-art working environment. For the international investor or the local business leader, Glare represents a “Hard Asset” in the most liquid real estate market in Egypt. It offers a rare combination of location dominance, architectural brilliance by MEED, and a tenant mix designed to generate consistent footfall and high rental yields.

2. Project Highlights at a Glance

• Project Name: Glare Mall.
• Developer: Areva Developments (37 Years of Experience).
• Location: North 90th Street, Plot 158, New Cairo.
• Project Area: 33,000 SQM (Gross Area).
• Project Type: Mixed-Use (Commercial Retail, Administrative Offices, Medical Clinics).
• Building Height: Ground + Upper Ground + 5 Upper Floors.
• Architectural Consultant: MEED (Global Engineering Firm).
• Starting Areas: From 33 SQM.
• Starting Price: From 15,500,000 EGP (For premium inventory).
• Payment Plan: 10% Down Payment, Installments up to 7 Years.
• Delivery: Contact for specific phase timelines.

3. Location & Accessibility: The Financial Power Corridor

In commercial real estate, “Location” is the primary driver of capital appreciation. Glare Mall commands one of the most strategic plots in the Fifth Settlement: Plot 158 on the North 90th Street.

This specific stretch is often referred to as the “Financial Corridor” due to the density of banking headquarters, multinational companies, and the Medical District.

Why this location creates value:

• The Banking & Medical Hub: Situated directly between the Banks Complex and the Medical Zone, ensuring a steady flow of high-net-worth professionals and visitors daily.
• Monorail Connectivity: A mere 2 minutes from the Monorail station. This future-proofs the asset, making it accessible to employees coming from all over Greater Cairo without relying on cars.
• Strategic Neighbors:

• 2 Minutes to Cairo Festival City (CFC) and Downtown Mall.
• 10 Minutes to the American University in Cairo (AUC).
• 15 Minutes to Cairo International Airport, crucial for international business travelers.
• 20 Minutes to Heliopolis, connecting the old luxury of Cairo with the new.

• Healthcare Synergy: Its proximity to the Air Force Specialized Hospital creates a natural demand for the medical clinics within the mall.

4. The Developer: Areva Developments (A Legacy of Trust)

Investing in off-plan or under-construction projects requires immense trust in the developer’s financial stability. Areva Developments is not a newcomer; it is a market veteran with a history spanning over 37 years.

Led by Eng. Amr Yassin, Areva has diversified its portfolio across vital sectors including education, hospitality, and agricultural reclamation, with an investment volume exceeding 7.2 Billion EGP. This financial muscle ensures that Glare Mall is built on a solid foundation, free from the liquidity issues that plague smaller developers.

A Track Record of Success:

Areva has successfully delivered residential and commercial projects in key areas such as:

• Beit El Watan: Delivering high-quality residential units.
• El Zohour District: Contributing to urban development.
• Various residential projects across New Cairo.

With Glare Mall, Areva is bringing its decades of experience to create a flagship commercial landmark that sets a new benchmark for quality and innovation.

5. Full Project Description: Engineering by MEED

Glare Mall is designed to be an architectural icon. Areva Developments partnered with MEED, a global engineering consultancy known for executing massive administrative projects worldwide.

The Design Philosophy:

The project spans a built-up area of 33,000 square meters. The architecture prioritizes efficiency, light, and separation of activities.

• The Structure: The building boasts a sophisticated composition: 2 Basement Levels for parking, a Ground Floor, an Upper Ground Floor, followed by 5 Typical Floors.
• The Facade: The building is wrapped in Heat-Resistant Glass. This specialized material blocks solar heat while allowing natural light to flood the interiors, ensuring a moderate climate year-round and reducing energy consumption.
• Smart Zoning: To ensure a professional environment, the building features distinct zones.

• Commercial/Retail: Occupying the lower levels (Ground & Upper Ground) to capture footfall.
• Professional Zones: Upper floors are dedicated to offices and clinics, ensuring privacy and quiet away from the shopping crowds.

6. Unit Types & Areas: Tailored for Every Business

Glare Mall offers a diverse inventory designed to cater to various investment budgets and operational needs. The smart layouts maximize the utility of every square meter.

1. Commercial Retail Units

• Positioning: Ground and First floors.
• Ideal For: Showrooms, F&B (Restaurants/Cafes), Banks, and Pharmacies.
• Features: High visibility from North 90th Street and direct access to the plaza.

1. Administrative Offices

• Positioning: Upper floors with panoramic views.
• Ideal For: Corporate headquarters, startups, law firms, and consultancy agencies.
• Features: Smart access control, high-speed internet infrastructure, and access to meeting rooms.

1. Medical Clinics

• Positioning: Dedicated medical zones.
• Ideal For: Specialized doctors, labs, and dental centers.
• Features: Designed to meet rigorous health codes, with easy access for patients via dedicated elevators.

Starting Areas:

Units start from 33 SQM, offering an accessible entry point for investors looking for small-ticket, high-yield assets.

7. Facilities & Amenities: The Smart Building Ecosystem

Glare Mall is equipped with “Smart Building” technology to ensure operational efficiency and a superior experience for tenants and visitors.

• Smart Security: A comprehensive security matrix including 24/7 personnel, electronic gates, and high-definition CCTV surveillance covering every corner.
• Power Stability: High-capacity electrical generators ensure zero downtime, a critical feature for medical and IT businesses.
• Connectivity: Ultra-high-speed internet and fiber optics pre-installed for all units.
• Parking: A spacious 3-level parking garage (2 basement + designated areas) solves the chronic parking issue on the 90th Street.
• Vertical Mobility: Modern elevators and escalators ensure smooth traffic flow between floors.
• Business Support: Fully equipped conference halls and meeting rooms available for tenants to host major events.
• Accessibility: Separate entrances for Administrative/Medical units versus Commercial units to prevent congestion.
• Lifestyle: A curated selection of restaurants, cafes, and a dedicated Kids Area allows visitors to mix business with leisure.
• Maintenance: 24/7 cleaning and facility management services to keep the asset in pristine condition.

8. Payment Plans: Investment Flexibility

Areva Developments understands the importance of cash flow management for investors. Therefore, they have introduced a flexible payment structure that competes aggressively in the New Cairo market.

The Plan:

• Down Payment: 10% of the total unit value.
• Installments: The remaining balance is spread over 7 Years.
• Interest: 0% interest on installments.

Pricing Strategy:

• Starting Price: From 15,500,000 EGP (This reflects prime inventory pricing).
• Note: Prices vary significantly based on location (view of 90th St vs. side view), floor level, and unit type.

This long-term plan allows investors to secure a prime asset today while paying it off with future, likely depreciated, currency—a classic hedge against inflation.

9. Challenges & Cons: Addressing Overcrowding

A common concern in large mixed-use developments is the potential for overcrowding or the clash between retail shoppers and office professionals.

How Areva Solved It:

The developer has turned the variety of units into a strength rather than a weakness. They have engineered separate entrances and elevator banks for each activity type (Admin, Medical, Commercial). This ensures that the high footfall of the retail area does not disturb the privacy of the clinics or the professionalism of the corporate offices, while still benefiting from the shared location value.

10. Why Glare Mall is Ideal for Foreign Buyers & English-Speaking Locals

If you are evaluating the Egyptian market from abroad, Glare Mall offers a compelling investment case:

1. The “North 90th” Guarantee: Real estate on the North 90th Street is a “Blue Chip” asset. It historically holds value and appreciates faster than any other location in East Cairo due to scarcity.
2. Dollar-Hedged Income: Commercial and administrative units in this area command high rents, often pegged to the dollar or adjusted annually, protecting your capital against inflation.
3. High Rental Demand: The proximity to the Banking Sector and the Air Force Hospital guarantees a steady stream of high-quality tenants (multinational companies, banks, senior doctors).
4. Developer Stability: With a 37-year history and significant diverse assets, Areva is a low-risk partner compared to new developers with no track record.
5. Turnkey Business: The availability of management services and smart infrastructure makes it easy for expats to own and manage the property remotely.

11. Frequently Asked Questions (FAQ)

Q: Where exactly is Glare Mall located?

A: It is located on the North 90th Street, Plot 158, directly between the Banks Complex and the Medical District in the Fifth Settlement.

Q: Who is the design consultant?

A: The project is designed by MEED, a world-renowned engineering consultancy firm with a vast portfolio of administrative projects globally.

Q: What is the minimum unit size?

A: Units start from 33 square meters, making it accessible for individual investors.

Q: Does the mall have separate entrances?

A: Yes, there are dedicated entrances for the Administrative/Medical sections separate from the Commercial/Retail sections to ensure privacy and smooth flow.

Q: Can foreigners buy property here?

A: Absolutely. Foreign nationals can fully own freehold commercial and administrative real estate in this project under Egyptian law.