Sixty Iconic Tower New Capital

The Sixty Iconic Tower sits in the Central Business District of the New Administrative Capital. It’s a commercial project by Al Boroj Development—not a residential compound, not a lifestyle destination. Just offices, clinics, and retail units stacked across 40 floors.

If you’re looking at commercial property in the New Capital, this tower comes up often. It’s positioned near the Iconic Tower landmark and targets business owners, medical professionals, and investors who want rental income from office or clinic space.

Pricing starts at 7 million EGP with 10-year payment plans. The location is solid if the CBD develops as planned. But there are trade-offs, and the project is still under construction.

This breakdown covers what the tower offers, where it actually sits, who it makes sense for, and how it stacks up against other commercial projects in the area.

What Sixty Iconic Tower Actually Is?

Sixty Iconic Tower covers about 16,157 square meters total. Around 4,810 square meters are built structures—the rest is plazas, landscaping, and access roads.

The tower rises 140 meters with 40 upper floors, ground levels, and four underground parking floors. Al Boroj worked with a UAE design firm that’s done projects near Burj Khalifa, though that doesn’t automatically translate to execution quality here.

The building uses glass facades and separates floors by function. Lower floors are retail. Mid-levels are offices. Upper floors are hotel apartments. This vertical zoning reduces overlap between different tenant types, which is practical if you’re renting out a clinic and don’t want restaurant noise bleeding through.

It’s not a mixed-use compound with pools and gyms. It’s a business tower. Expectations should match that.

Location: Is the CBD Address Worth It?

The tower is in the Central Business District, which is supposed to be the financial and corporate core of the New Capital. The government is relocating ministries there, and private companies are expected to follow.

Sixty Iconic Tower sits near the Iconic Tower—the planned tallest building in Africa. That proximity gives visibility and puts the project in the most active commercial zone, at least on paper.

What’s nearby:

• Financial and Business District buildings
• Government administrative offices
• Planned green corridors and landscaping
• Main road access via Regional Ring Road and Mohammed bin Zayed Axis

The New Capital is still being built. Right now, the drive from New Cairo takes 30 to 40 minutes depending on traffic. Public transport is planned but not operational yet.

Unit Types and What They Cost

Sixty Iconic Tower offers three main unit categories: commercial stores, administrative offices, and medical clinics. Hotel apartments are on the upper floors, but details on those are sparse.

• Commercial stores occupy the ground and first two floors. These are for retail, cafes, restaurants. Sizes run from 30 square meters to 100 square meters. Pricing depends on floor level and street visibility.
• Administrative offices sit on the third floor and mid-levels. Sizes start at 112 square meters and go up to 140 square meters or more. These work for small businesses, consultancies, branch offices.
• Medical clinics range from 90 square meters to 140 square meters. They’re suited for private practices, diagnostic centers, outpatient services. The CBD location could attract government employees or corporate clients if the area develops.

Pricing breakdown:

• Stores: Start at 4.65 million EGP for 30 sqm
• Offices: Start at 5.6 million EGP for 112 sqm
• Clinics: Start at 4.5 million EGP for 90 sqm

These are developer prices. Resale units start around 9 million EGP, reflecting a markup for units closer to delivery or already finished.

Payment Plans and What They Actually Mean

Al Boroj The developer of Sixty Iconic Tower New Capital offers a 10% down payment with installments over 10 years. That’s longer than most projects, which typically offer 7 to 8 years.

Example for a 112 sqm office at 5.6 million EGP:

• Down payment: 560,000 EGP
• Remaining: 5,040,000 EGP
• Monthly installment over 10 years: around 42,000 EGP

The extended timeline reduces monthly pressure but locks you in for a decade. Interest or administrative fees may apply—confirm the full payment schedule before signing.

What’s Inside the Tower?

Sixty Iconic Tower is built for business operations, so the amenities reflect that. Security, parking, and basic commercial infrastructure are the focus.

Security and operations:

• 24/7 security and surveillance cameras
• Access control for floors and units
• Four underground parking levels
• Service elevators for goods and maintenance

Commercial amenities:

• Ground-floor cafes and restaurants
• Retail stores
• Landscaped outdoor areas for breaks

Business services:

• High-speed internet infrastructure
• Backup power systems
• Centralized facility management

There are no gyms, spas, or recreational facilities. If those matter to you, look elsewhere. This is a work environment, not a lifestyle project.

The amenities support daily operations—meetings, client visits, basic services. Nothing more, nothing less.

Investment Logic: Does It Add Up?

The investment case for Sixty Iconic Tower depends on three things: location demand, rental yield, and capital appreciation.

• Location demand hinges on the New Capital’s progress. As government offices and companies move in, demand for CBD office space should rise. The tower’s position near the Iconic Tower and Financial District puts it in the center of that potential activity.
• Rental yield depends on market rates once the capital is operational. Early estimates suggest office rents in the CBD could range from 200 to 400 EGP per square meter per month. For a 112 sqm office, that’s 22,400 to 44,800 EGP monthly, or 268,800 to 537,600 EGP annually.
• Capital appreciation is harder to predict. The New Capital is a long-term project. Property values will depend on how quickly infrastructure, services, and population density develop. Early buyers in similar projects have seen appreciation, but there’s no guarantee—especially if supply outpaces demand.

About Al Boroj Development

Al Boroj Development has been in Egypt’s real estate market for over 15 years. The company focuses on urban development, project planning, and construction management. Most of their earlier work was in New Cairo and the Fifth Settlement.

Engineer Mohammed Raafat leads the company. He has a background in civil engineering and project management, with experience in Egypt and the Gulf since 2002.

Previous Al Boroj projects:

• Sixty Three Mall in the New Administrative Capital
• Heaven Hills Compound in the New Capital
• 3 Points project in the Downtown area

The company operates across residential, commercial, administrative, and industrial development. They also handle general contracting and engineering consultancy.

For Sixty Iconic Tower, Al Boroj partnered with a UAE design firm experienced in high-rise projects. This brought in Gulf market expertise, where vertical mixed-use developments are more common.

Al Boroj’s track record is solid but not extensive compared to larger developers like Tatweer Misr or Mountain View. If you’re evaluating them, visit their completed projects to assess build quality and post-delivery management.

How Sixty Iconic Tower Compares to Other CBD Projects

The New Capital has several commercial towers targeting similar buyers. Here’s how Sixty Iconic Tower stacks up.

• Sixty Three Mall (also by Al Boroj): Another commercial project by the same developer, located nearby. Similar unit types but different design and slightly lower pricing. If you’re considering Al Boroj, compare both.
• Financial Hub Mall: Larger commercial development with more retail focus. Pricing is comparable, but the project emphasizes ground-floor retail over office space.
• Smart Mall: Positioned as a luxury commercial destination with higher-end finishes. Pricing per square meter is higher, targeting premium tenants.
• La Fayette Village Mall: Mixed-use project with residential and commercial components. If you want both office and residential options in one development, this offers more flexibility.

Sixty Iconic Tower’s advantage is its CBD location and vertical zoning, which separates commercial, administrative, and hotel functions. This creates a more professional environment with less operational conflict between tenant types.

The disadvantage is that the project is still under construction. Delivery timelines depend on construction progress and market conditions. Always confirm the expected handover date and any penalties for delays.

Frequently Asked Questions Sixty Iconic Tower

Can I actually live in Sixty Iconic Tower?

No. This isn’t a residential project. It’s a commercial tower with stores, offices, clinics, and hotel apartments. The hotel units on upper floors are furnished for short-term stays or corporate housing, not long-term family living. If you want a residential compound, look elsewhere.

When will units be delivered?

Delivery timelines vary by floor and unit type. Lower commercial floors may finish earlier. Always get a written delivery date from the developer and confirm penalties for delays. Resale units may be closer to handover or already finished.

What are the expected rental returns?

Office rents in the CBD are estimated between 200 to 400 EGP per square meter per month, though actual rates will depend on market conditions. Factor in maintenance fees, vacancy periods, and property management costs when calculating net returns. Rental demand will grow as businesses and government offices relocate.

What are the ongoing fees?

The developer charges annual maintenance fees for building management, security, cleaning, and shared utilities. These typically range from 30 to 60 EGP per square meter per year. Confirm the exact fee structure and what’s included. Ask about additional charges for parking, utilities, or special services.

How does this compare to other Al Boroj projects?

Al Boroj has delivered Sixty Three Mall and Heaven Hills Compound in the New Capital. Sixty Iconic Tower is taller and more focused on vertical mixed-use zoning. Sixty Three Mall is more retail-oriented. Visit both to assess build quality, location, and pricing. The developer’s earlier projects give insight into their delivery standards.

What if the New Capital’s development is delayed?

The New Capital is government-backed, so major infrastructure will likely continue. But delays in population relocation or business migration could affect rental demand and property values short-term. Set a realistic timeline of 5 to 10 years for the area to mature. Early investors may face longer vacancy periods but benefit from lower entry prices.

Conclusion

Sixty Iconic Tower offers a straightforward commercial investment in the New Capital’s Central Business District. The location, vertical zoning, and extended payment plans make it accessible for business owners and investors targeting office or retail income.

It’s not a residential option. It’s not designed for lifestyle amenities. It’s a business environment, and that’s where its value sits.

The New Capital is still developing, so expect a medium to long-term investment horizon. Rental yields and capital appreciation depend on how quickly the area attracts businesses and residents.

Visit the site of Sixty Iconic Tower. Compare pricing with nearby projects. Confirm all contract terms before committing.

If the location and unit types align with your goals, Sixty Iconic Tower is worth considering. Just keep expectations realistic about timelines and returns.