Quan Tower New Capital | What Contact Development Offers

Hot offer

Property Id: 31910
Price starts: 1,400,000
Project area: 10,000 m
Developer: Contact Development
Location: Central Business District
Down payment: 10%
Installment: 6 Years
Payment Method: 10% over 6 Years 15% over 7 Years 20% over 8 Years 30% over 9 Years

Description

If you’re scanning commercial options in the New Administrative Capital, Quan Tower will probably come up. Contact Development built it in the Central Business District, about 800 meters from the Iconic Tower. The project covers 10,000 square meters and runs 25 floors—retail on the lower levels, medical units in the middle, and offices above.

It’s aimed at investors and professionals who want access to the capital’s business core without paying top-tier rates for prime frontage. This isn’t residential. It’s workspace, clinics, and ground-floor shops. I’ll walk through what Quan Tower includes, who it makes sense for, and how the financials break down.

What You’re Looking At?

Quan Tower New Capital sits on 10,000 square meters. Around 4,093 square meters are built up. The rest is landscaping, parking, and circulation space.

The tower has 25 floors and follows a clear layout:

  • Ground to third floor: commercial units (shops, showrooms)
  • Fourth to sixth floor: medical units (clinics, diagnostic centers)
  • Seventh to 25th floor: administrative offices

Unit sizes start at 35 square meters and go up to 110 square meters. That range targets solo practitioners, startups, and small-to-medium businesses—not large corporate tenants.

Contact Development has been working in New Cairo and the New Capital for over 15 years. Their earlier projects include Mercury Mall in the New Capital and several residential buildings in Fifth Settlement areas like Beit Al Watan and Andalusia. Quan Tower is their second commercial project in the capital.

The architectural consultant is Yasser El-Beltagy. The executive consultant is MRB Office, led by Hussein Sabbour. Both have worked on mid-to-high-rise commercial buildings in Cairo.

Location and How You Get There

Quan Tower sits in the CBD, which is the New Capital’s designated commercial and financial zone. It’s along the northern Mohamed bin Zayed Axis, a main road that connects to the Regional Ring Road and eventually to Cairo-Suez Road.

Here’s what’s close by:

  • Iconic Tower: 800 meters (about a 10-minute walk)
  • Green River: 5 minutes by car
  • Al Masa Hotel: 5 minutes
  • Monorail Central Station: under 10 minutes
  • Government District: 15 minutes
  • Diplomatic Quarter: 12 minutes

The CBD is still filling in, but infrastructure is mostly done. Roads are paved, streetlights work, and utilities are connected. The monorail, once it’s running, will link the New Capital to East Cairo and the existing metro network.

From central Cairo, expect 45 to 60 minutes depending on traffic and where you start. The New Capital isn’t a quick commute, but it’s getting better as more people and businesses move in.

Quan Tower New Capital Unit Types and Sizes

Quan Tower New Capital offers three categories, each on specific floors:

Commercial Units (Ground to 3rd Floor)

Retail spaces suited for cafes, pharmacies, boutiques, or service providers. Areas range from 46 to 112 square meters. The ground floor gets the most visibility and foot traffic, so it costs more.

Medical Units (4th to 6th Floor)

Designed for clinics, dental practices, diagnostic labs, and outpatient services. Sizes range from 36 to 97 square meters. These floors are quieter and more private than the commercial levels, which most healthcare providers prefer.

Administrative Offices (7th to 25th Floor)

Office spaces for consultancies, law firms, accounting practices, and small corporate branches. Units range from 36 to 117 square meters. Upper floors offer views of the Iconic Tower and surrounding green zones.

Each unit is delivered semi-finished with central air conditioning, fire safety systems, and basic electrical and plumbing infrastructure. Fit-out is on you.

Quan Tower New Capital Prices

Prices in Quan Tower vary by floor, unit type, and view. Here’s the breakdown:

  • Administrative units: starting at 28,000 EGP per square meter
  • Medical units: starting at 32,000 EGP per square meter
  • Commercial units: starting at 65,000 EGP per square meter

For context, a 50-square-meter office on the 10th floor would cost around 1,400,000 EGP. A 60-square-meter clinic on the 5th floor would run about 1,920,000 EGP. A 70-square-meter shop on the ground floor could reach 4,550,000 EGP.

These are starting prices. Units with better views, corner positions, or larger areas will cost more.

A 10% maintenance deposit is required at contract signing. That’s standard across most New Capital projects.

Quan Tower New Capital Payment Plans

Contact Development offers several payment schedules, all with zero interest:

  • 10% down, 6 years: smallest upfront, shortest term
  • 15% down, 7 years: moderate entry, extended term
  • 20% down, 8 years: balanced option
  • 30% down, 9 years: lower monthly installments
  • 40% down, 12 years: longest repayment period
  • 40% down, first installment after 3 years, then 4 years: deferred start
  • 30% down with 30% discount, 30 months: short-term, high discount
  • Cash payment: 40% discount

Quan Tower New Capital Delivery is scheduled for four years from contract date.

The 12-year plan is among the longest in the New Capital market, which helps with cash flow if you’re a small business owner or independent practitioner. The cash discount is steep, so if you have liquidity, it’s worth considering.

Booking deposits are 25,000 EGP for administrative units and 50,000 EGP for medical units.

Quan Tower New Capital Amenities

Quan Tower New Capital includes standard commercial building amenities:

  • Six modern elevators, plus four basement-level elevators
  • Central air conditioning across all floors
  • Fire alarm and suppression systems
  • 24/7 security with surveillance cameras
  • Parking garages across multiple basement levels
  • High-speed fiber internet infrastructure
  • Periodic maintenance services
  • Electronic gates with access control
  • On-site pharmacy and mini-market
  • Gym and wellness center (sauna, jacuzzi, spa)
  • Sky Roof Food Court on the top level, spanning 800 square meters

The food court in Quan Tower New Capital is a notable feature. It’s designed as a shared dining and meeting space with views of the Iconic Tower and Green River. It could become a draw for tenants and visitors, especially if the CBD continues to fill in.

Green spaces and landscaping cover a significant portion of the plot. This isn’t just aesthetic—it helps with cooling, air quality, and creating a more pleasant work environment.

About Contact Development

Contact Development was founded by engineers Ahmed Fikri and Khaled El-Seyoufi. The company has been operating for over 20 years, mostly in New Cairo’s Fifth Settlement.

Notable projects include:

  • Mercury Mall, New Administrative Capital
  • Project 120, Beit Al Watan, Fifth Settlement
  • Project 93, Beit Al Watan, Fifth Settlement
  • Project 301, New Lotus, Fifth Settlement
  • Project 101, Narges Extension, Fifth Settlement
  • Cayo New Capital Mall
  • Eval Towers, New Capital

Most of their portfolio consists of mid-rise residential buildings and small commercial centers. Quan Tower New Capital represents a step up in scale and ambition.

The company has a reputation for meeting delivery timelines and offering flexible payment terms. However, they’re not as widely known as larger developers like Emaar, Sodic, or Mountain View. If brand recognition matters to you, that’s worth noting.

Who Quan Tower For?

Quan Tower New Capital makes sense for:

  • Medical professionals opening a private practice or expanding into the New Capital
  • Consultants and freelancers who need affordable office space with flexible terms
  • Small businesses targeting government clients or capital-based customers
  • Retail operators looking for ground-floor visibility in a growing district
  • Investors seeking rental income from a commercial asset in a high-demand area

It’s less suitable for:

  • Large corporations needing full-floor or multi-floor space
  • Businesses dependent on Cairo’s older commercial districts (unless they’re willing to relocate or open a branch)
  • Buyers expecting immediate surroundings to be fully developed—the CBD is still filling in

Frequently Asked Questions

Where exactly is Quan Tower located within the New Capital?

Quan Tower is in the Central Business District, part of the Downtown area. It’s 800 meters from the Iconic Tower and sits along the northern Mohamed bin Zayed Axis. The CBD is the designated commercial and financial hub of the New Capital, close to government buildings, hotels, and the Green River. It’s accessible via the Regional Ring Road and Cairo-Suez Road.

What are the total costs beyond the unit price?

You’ll pay a 10% maintenance deposit at signing. If you’re buying on installment, there’s no interest, but you’ll need to budget for fit-out costs (flooring, partitions, fixtures), registration fees (around 2.5% of the property value), and potentially legal or brokerage fees. Annual service charges will apply after handover, though exact amounts aren’t specified yet.

Can I rent out my unit before or after delivery?

Yes, there are no restrictions on leasing. Many buyers in commercial towers purchase for investment and lease to tenants. After delivery, you’re free to rent the unit. Before delivery, subleasing your contract is possible but requires developer approval and may involve transfer fees.

How does Quan Tower compare to Mercury Mall by the same developer?

Mercury Mall was Contact Development’s first New Capital project and is also in the CBD. It’s smaller in scale and focuses more on retail and F&B. Quan Tower is larger, taller, and includes a significant administrative component. Both share similar payment flexibility and amenities, but Quan Tower targets a broader tenant mix.

Is the 40% cash discount negotiable, or are there other incentives?

The 40% discount for cash payment is a fixed offer, not typically negotiable. However, Contact Development occasionally runs launch promotions or offers additional discounts for early buyers or bulk purchases. It’s worth asking your sales agent if any limited-time incentives are active.

What happens if delivery is delayed?

Egyptian real estate law requires developers to specify delivery dates in contracts. If delays occur, penalties may apply depending on contract terms. Contact Development has a track record of meeting deadlines on past projects, but it’s wise to review the penalty clause in your contract and ensure it’s enforceable.

Conclusion

Quan Tower New Capital is a straightforward commercial investment in a district that’s still finding its footing. The location is solid, the payment terms are flexible, and the developer has a decent track record. It’s not a headline-grabbing project, but it doesn’t need to be.

If you’re a professional looking for workspace in the capital or an investor willing to wait for the area to mature, the numbers and terms are reasonable. The 12-year payment plan and zero interest make entry easier, and the range of unit sizes means you’re not locked into a large commitment.

The New Capital is a long-term play. Quan Tower fits that timeline. Just go in with realistic expectations about traffic, tenant demand, and the pace of development around you. If those align with your goals, it’s worth a closer look.

State/County:
Country: Egypt

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