June 2, 2021

Emaar Rizk debuts Diamond 2 tower in New Capital


ArabFinance: Emaar Rizk Real Estate Development (ERD) launched Diamond 2 tower at the New Administrative Capital (NAC), Daily News reported on June 1st.

The 15-storey tower is spread over an area of about 4,700 square meters.

The tower features a total of 550 units, and the project’s targeted sales are expected to reach EGP 1 billion.

The project is divided into: commercial units from the ground floor to the third storey; medical units from the fourth to the sixth storeys; administrative units from the seventh to the tenth storeys; and a hotel from the 11th to 14th storeys.

The project is expected to be delivered within two and a half years.

Furthermore, ERD is in the process of launching two projects in the NAC’s downtown area under the Diamond Towers name, with investments reaching more than EGP 4 billion.

dailynewsegypt


Categories : real estate

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