Description
Capital Square Mall sits in Downtown’s Hotel Towers area—the commercial spine of New Capital where actual business activity concentrates. Developed by United Development, a partnership of four established real estate firms, this mixed-use project delivers commercial, administrative, and medical spaces at entry-level pricing with realistic payment terms.
I’ve worked with investors in New Capital for years, and what stands out here is straightforward: the location works, the pricing is competitive, and the developer has track record. Units start at 205,500 EGP with payment structures that don’t require you to have cash sitting in the bank. That accessibility matters when you’re evaluating where to deploy capital.
This walkthrough covers what the property actually offers, who it makes sense for, and the practical considerations you should weigh before committing.
Capital Square Mall Location and Accessibility
Capital Square Mall New Capital occupies the Hotel Towers district within Downtown—not a speculative zone, but a functioning commercial area where foot traffic and business activity already exist.
The proximity numbers tell the practical story. Government and Financial Districts sit roughly 10 minutes away. The monorail station is about 10 minutes out. Green River development is 15 minutes distant. These aren’t theoretical distances; they matter for tenant commutes and visitor accessibility.
The surrounding ecosystem in Capital Square Mall supports commercial tenants naturally. Souq Al Dahab operates nearby. Technology centers and fashion retail hubs cluster in the area. Petroleum, aviation, and tourism sector offices are established here. Cathedral and Embassies district, Expo City—these aren’t isolated landmarks but active commercial nodes that generate consistent foot traffic.
This positioning works because you’re not betting on future demand. The demand exists now. Tenants in administrative offices, medical clinics, and retail shops benefit from proximity to established business operations and professional clientele already moving through Downtown.
Capital Square Mall New Capital Developer
United Development formed through a deliberate partnership structure in Capital Square Mall, each member bringing specific expertise. This matters because you’re not dealing with a single entity betting the company on one project.
Mass Development, founded in 1996, has completed numerous residential and commercial buildings with investments exceeding 270 million EGP. That’s real execution history, not promises. Vertix Construction brings over a decade of work on residential and tourism projects worth 120 million EGP. Studio Plus handled architectural design and served as consulting engineer—they were recognized as best consulting engineer in 2020. Resale Management Group rounds out the partnership with over ten years managing properties and consulting for developers across Egypt’s market.
Each partner brings accountability. Mass Development can’t hide behind Vertix’s construction timeline. Vertix can’t blame architectural decisions on Studio Plus. Resale Management has skin in the game for long-term property performance. This structure reduces the risk that one weak link derails the entire project.
One caveat: delivery is scheduled for 2024, which means you’re signing a three-year contract. That’s normal for New Capital projects—most developments operate on similar timelines. But you should enter this understanding you’re not moving in quickly.
Capital Square Mall New Capital Design and Layout
Capital Square Mall spans 4 basement levels, a ground floor, and 10 upper floors. The design philosophy emphasizes usability across three distinct tenant categories: commercial retail, administrative offices, and medical clinics.
Unit Dimensions:
- Commercial shops: minimum 35 square meters
- Administrative offices: minimum 30 square meters
- Medical clinics: minimum 30 square meters
The delivery approach differs by unit type. Commercial shops in Capital Square Mall arrive as Core & Shell—essentially a box with utilities roughed in. You handle interior buildout. Administrative and medical units come fully finished with air conditioning already installed, allowing tenants to begin operations immediately without renovation delays.
Parking spans 4 basement levels in Capital Square Mall. This isn’t ornamental; it addresses a genuine operational challenge in Downtown where vehicle storage is constrained. Serious parking infrastructure directly impacts tenant satisfaction and rental rates.
The architectural execution emphasizes efficient layouts over decorative statements. Modern facades work with practical floor plans designed around different business operations. Escalators and panoramic elevators facilitate movement between floors. Electronic entrances, security infrastructure, and climate control systems are built in rather than added later.
Pricing Structure: Where the Numbers Actually Land
Capital Square Mall New Capital uses tiered pricing based on unit type and finishing level.
Commercial Units:
- Starting price: 205,500 EGP
- Per-square-meter cost: 23,000 EGP
- Minimum size: 35 sqm
- Delivery condition: Core & Shell
Administrative and Medical Units:
- Starting price: 205,500 EGP
- Per-square-meter cost: 6,850 EGP
- Minimum size: 30 sqm
- Delivery condition: Fully finished with air conditioning
The per-meter pricing gap of Capital Square Mall reflects reality: finished units cost more to deliver but require no tenant buildout. Commercial shops cost more per meter because tenants handle interior work themselves, giving them design control but requiring capital investment upfront.
Payment Terms:
- Down payment: 10%
- Installment period: Up to 4 years
- Expression of Interest (EOI): 20,000 EGP for medical/administrative; 50,000 EGP for commercial
- EOI is fully refundable if you cancel
Mall Capital Square New Capital structure removes a significant barrier. If you have 40,000 to 50,000 EGP available, you can reserve a unit and spread the remaining balance across four years. That accessibility opens the market to investors who can’t write a check for the full amount immediately.
What Actually Comes With the Property?
A commercial building’s operational success depends on infrastructure and tenant experience. Capital Square Mall includes systems that matter in daily operations.
Parking and Movement:
- 4 basement levels providing substantial vehicle capacity
- Electronic entrances throughout
- Escalators and panoramic elevators between floors
Tenant Services:
- Dedicated food court with diverse restaurant and café options
- Seating areas with display screens
- Free Wi-Fi covering all units
Building Systems:
- Central air conditioning in every unit
- 24/7 security with high-quality surveillance cameras
- Self-activated fire suppression systems
- Backup power generators for emergencies
- Solar-powered lighting (reduces operational costs)
Maintenance and Management:
- Regular cleaning and maintenance services
- Professional property management through Resale Management Group
These aren’t luxury amenities in Capital Square Mall they’re operational fundamentals. Parking capacity determines whether tenants can serve customers. Security systems protect inventory and customer confidence. Reliable utilities affect operating costs. The solar lighting system is practical: it lowers the building’s energy expenses, which translates to lower common area charges for tenants.
Why This Investment Makes Practical Sense?
Capital Square Mall operates in a location with existing commercial demand, not speculative future demand. New Capital’s Downtown already functions as an active business district. Commercial real estate in accessible locations with modern infrastructure attracts tenants consistently because they need these spaces to operate.
The pricing sits below comparable malls in New Capital. Lower entry costs mean faster return on investment and more competitive rental positioning against nearby properties. For investors with limited capital, the lower per-meter cost for administrative and medical units allows participation in the market without requiring substantial reserves.
Capital Square Mall developer partnership—four established firms with completed projects—reduces execution risk. You’re not backing a first-time developer. You’re working with firms that have delivered comparable projects on schedule. The three-year delivery timeline aligns with industry standards across New Capital; it’s not an outlier or red flag.
For medical professionals and administrative operators, the fully finished delivery model is significant. Tenants can begin seeing patients or clients weeks after handover, not months. For retail and commercial businesses, the Core & Shell approach provides design flexibility and cost control.
Frequently Asked Question
What’s my total initial investment beyond the 205,500 EGP base price?
Add the EOI—20,000 EGP for medical/administrative units or 50,000 EGP for commercial shops. Your down payment on the unit price is 10% (roughly 20,550 EGP). So total initial outlay runs approximately 40,550 to 70,550 EGP depending on unit type. The remaining balance spreads across your installment period.
How does the three-year delivery timeline compare to other New Capital projects?
It’s standard. Most New Capital commercial projects operate on two to three-year timelines from contract to handover. Residential projects often extend longer. Don’t view this as unusual—plan your cash flow around it, but recognize it’s industry-normal timing.
Which unit type generates the best rental income?
Commercial shops typically command higher monthly rents and attract established retail operators. Administrative units rent reliably to small professional offices, accountants, consultants. Medical clinics depend on local healthcare demand and practitioner availability. The answer depends on your local market knowledge and existing tenant relationships. Connect with property management professionals familiar with Downtown’s specific tenant base before deciding.
Can I sell my unit before 2024 delivery?
Secondary markets exist for pre-delivery projects, but early exit typically means accepting discounted pricing depending on market conditions and buyer interest. You’re not locked in permanently, but you should enter this expecting a medium-term commitment, not short-term speculation.
Who covers water, electricity, and internet costs?
Mall Capital Square includes Wi-Fi infrastructure and backup power generators. Water and electricity are metered separately and billed to tenants monthly based on usage. Clarify specific utility billing arrangements with the developer’s management team before signing your contract.
How is the property managed after units are delivered?
Resale Management Group handles ongoing operations. They manage maintenance, security, tenant relations, and common area operations. Management continuity is built into the partnership structure—you’re not dealing with an external firm brought in after completion. The same company managing your investment has been involved from the planning stage.
Conclusion
Capital Square Mall represents straightforward commercial real estate in a location with demonstrated demand. It’s not speculative betting on future development. Downtown New Capital already functions as an active commercial district with established foot traffic and professional tenants.
The pricing is competitive for the location and infrastructure provided. Payment terms are accessible for investors who don’t have full cash available immediately. The developer partnership has execution experience and accountability across multiple firms.
The project suits investors seeking reliable commercial real estate with manageable entry costs. Medical professionals need finished spaces ready for patient operations. Administrative operators need efficient office layouts at reasonable rates. Retail businesses benefit from foot traffic in an established commercial district.
Three-year delivery timelines are normal here. Flexible installment plans genuinely remove capital barriers. The fully finished option for medical and administrative units accelerates tenant occupancy and reduces operational headaches.
Whether this specific project aligns with your investment strategy depends on your local market knowledge, available capital, and investment timeline. Review the project documentation directly, verify current pricing with the developer’s team, and assess actual tenant demand in your business sector. That due diligence matters more than any written assessment. If the fundamentals check out locally, Capital Square Mall offers a reasonable entry point into New Capital’s commercial real estate market.

