Evet Mall | A Commercial Development in Egypt’s New Administrative Capital

Evet Mall is a straightforward commercial opportunity in Egypt’s New Administrative Capital. Developed by Empire State Developments, this 4,800 m² project sits in MU12, one of the more accessible zones within the capital. The mall combines practical retail space with the amenities you’d expect from a modern commercial property. Shop units start at 24 m² with prices beginning at 4,930,000 EGP, backed by a 10% down payment and 8 -year installment plan.

Whether you’re looking at this for business operations or investment purposes, it helps to understand what Evet Mall actually delivers—without the marketing language. That clarity lets you decide whether it genuinely fits what you need.

Evet Mall Location and Accessibility

The Evet Mall sits at the heart of the New Administrative Capital, positioned between major thoroughfares R4 and R5. This placement matters because it affects foot traffic and how easily customers can reach you.

The Gates of the New Administrative Capital are roughly 2 minutes away by car. El Fattah el Aleem Mosque sits about 3 minutes out, and GAF University of Hertfordshire’s Egypt campus is just 1 minute away. If you’re measuring against established areas, New Cairo runs approximately 20 minutes. The Green River and Iconic Tower are within reasonable distance, and Tiba Rose residential community is a few minutes’ drive.

Evet Mall occupies a main road with a frontage averaging 50–60 meters. That translates to decent visibility and foot traffic potential. For business owners, this means customers can access you without navigating deep into residential areas or battling excessive congestion.

Evet Mall Overview and Developer Background

Empire State Developments has operated across multiple sectors for 33 years. They launched Empire Furniture in 2001—a wood production facility that still operates today. In construction, they established Empire Construction in 2003, focusing on interior design, commercial builds, and eco-friendly finishing standards. Empire State Developments itself formed in 2021 from a merger of three entities: Empire Design & Constructions, El-Hamd Constructions, and El-Nile Company Electro-Mechanics.

Evet New Capital Mall marks their second major investment in the capital. The building structure includes a ground floor plus four typical floors, which lets the developer offer varied unit sizes and price points. This modular approach gives prospective tenants real options rather than forcing a one-size-fits-all commitment. The project is scheduled for delivery within 3.5 years from purchase.

Evet Mall Design and Layout

Evet Mall follows contemporary commercial design principles. Large glass windows and open-plan areas create bright, welcoming spaces. The walkways are designed to be wide with clear directional signage—practical considerations that reduce confusion for visitors navigating between shops.

The ground-floor-plus-four-floors layout allows for a mix of retail types distributed across different levels. The mall incorporates green spaces and landscaping throughout, providing visual relief from the shopping environment itself. This isn’t revolutionary, but it reflects what modern malls do when they want natural elements to break up commercial density.

Evet Mall emphasizes energy-efficient lighting and eco-friendly materials, aligning with broader sustainability expectations for new developments. Engineer Mouharam Bakhoum oversaw the design phase, bringing experience from managing large-scale projects.

Amenities and Services of Evet Mall New Capital

Evet Mall New Capital includes practical amenities you’d find at a modern commercial center. Security operates 24/7 with professional staff and CCTV coverage. Multiple ATMs from various banks are positioned throughout for customer convenience. Prayer areas accommodate both men and women. Restaurants and cafes occupy designated zones.

Additional facilities include:

• Multiple parking garages with car care services
• 24/7 pharmacy with delivery options
• Co-working spaces with free high-speed internet
• Firefighting systems with automated fume detection
• Central air conditioning and elevators
• Sound and light systems for events or promotions
• Panoramic entrance points for visibility
• Accessible facilities and tracks for people with mobility needs
• Professional cleaning and maintenance teams on-site

All services run on 4G technology infrastructure. The glass is shock-resistant and noise-insulating, which matters in retail environments where sound control affects the shopping experience. Restroom facilities are available for both genders throughout the property.

Space Options and Pricing of Evet Mall New Capital

Shop units begin at 24 m² and start at 4,930,000 EGP. The pricing structure reflects different floor levels and locations within the mall—ground-floor units typically command different rates than upper floors due to foot traffic differences. Larger units are available for businesses requiring expanded space, though specific pricing for units above the base size should be confirmed directly with the developer, as pricing adjusts based on market conditions.

The 24 m² baseline suits independent retailers, small service providers, or startups looking for minimal overhead. Larger units accommodate established brands, restaurant concepts, or multi-function retail spaces. The variety in available sizes means the mall can serve different business models rather than catering exclusively to major chains.

Payment Structure

The payment plan is straightforward, which is:

• 10% down payment with equal installments over 8 years.

This reduces the immediate capital requirement—important for business owners managing cash flow. The 8-year installment period distributes payments across a reasonable timeframe without additional interest charges, which simplifies budgeting compared to traditional financing.

For investors or business owners, this payment structure means you’re not forced to secure external financing if the down payment is manageable. The predictability of equal installments over a fixed period allows for straightforward financial planning. However, confirm with the developer whether early payment options exist or if any conditions are tied to the installment plan.

Who This Project Suits?

Evet Mall appeals primarily to retail business owners and investors seeking entry into the New Capital market without massive upfront costs. The small unit sizes and flexible payment terms make it accessible to entrepreneurs launching their first retail location or expanding an existing operation.

For established retailers, the location’s accessibility and proximity to residential communities like Tiba Rose provide customer base potential. Investors interested in commercial real estate can view individual units as income-generating assets, leasing them to retailers. The capital’s continued development suggests ongoing foot traffic growth, though this depends on residential expansion in surrounding areas.

Startup operations and small service providers—salons, consultancies, small food concepts—can operate from 24–50 m² units without excessive overhead. The co-working spaces and internet infrastructure also appeal to freelancers or small teams seeking professional environments.

Frequently Asked Questions

What’s the total built-up area of Evet New Capital Mall?

The project spans 4,800 m² across a ground floor and four typical floors. This size allows for diverse retail mix while maintaining manageable operations. The total footprint is modest compared to mega-malls, which means lower operational complexity but also more limited tenant capacity.

How long until the project is ready for occupancy?

Delivery is scheduled for 3.5 years from purchase. This timeline gives the developer adequate time for construction and finishing without the extended delays that plague some major projects. Confirm this delivery schedule in writing before committing to any purchase agreement.

Are there restrictions on the types of businesses that can operate in Evet Mall?

The developer hasn’t publicly specified tenant restrictions or prohibited business categories. Most commercial malls restrict certain operations (heavy manufacturing, hazardous materials, etc.), but specific policies for Evet should be clarified directly with Empire State Developments. This matters if you’re considering a specialized business.

What’s included in the “8-year installment” plan—are there hidden fees?

The payment structure advertised is 10% down with equal installments over 8 years without additional interest. However, additional fees sometimes surface in the form of maintenance charges, administrative fees, or utilities not explicitly mentioned. Request a complete breakdown of all costs before signing any agreement.

Is the mall designed for retail only, or can service businesses operate here?

The mall accommodates mixed-use retail and services. Restaurants, cafes, pharmacies, and co-working spaces are explicitly mentioned. Service-based businesses like salons, consultancies, or small offices fit the model, though specific approval depends on the developer’s tenant guidelines.

How does the location compare to other commercial projects in New Capital?

Evet Mall’s accessibility via main roads and proximity to institutional anchors (university, mosque, residential communities) makes it reasonably positioned. Comparison depends on your specific business needs. Units in more central New Capital locations may command higher foot traffic; units in secondary locations typically offer lower rents. Evet sits in a middle-tier accessibility zone.

Conclusion

Evet Mall New Capital presents a straightforward commercial investment opportunity in the New Administrative Capital. The project offers practical space options, accessible location, and flexible payment terms that don’t require massive upfront capital. The developer’s track record across 33 years and multiple sectors suggests operational competence, though any real estate investment carries market-dependent risks.

The 4,800 m² footprint and ground-plus-four-floors layout provide variety without overwhelming complexity. Amenities cover standard commercial expectations—security, parking, utilities, food options—without premium positioning. Pricing starts at 4,930,000 EGP for 24 m² units, accessible through a 10% down payment structure.

Whether you’re a business owner seeking your first retail location or an investor evaluating commercial real estate, understanding Evet Mall’s practical specifications matters more than marketing narratives. The project’s success depends on continued residential development in surrounding areas and your specific business model. Request detailed documentation, clarify all payment terms, and visit the site if possible before committing.