Arabian Mark Developments company announced the launching of the second phase of its integrated residential project “REWAQ Residence” in New Cairo, based on the success of the first phase, as it offers a limited number of units with competitive prices and with flexible payment systems.
Ahmed Gamal, Chairman of Arabian Mark Developments, said that the company is offering the project’s second phase with flexible payment systems which are among the most competitive plans in the Egyptian real estate market, noting that reservations start with 2% down payment, followed by equal installments over eight years with no additional payments, besides, 10% discount for the 2nd phase clients’.
He pointed that the number of units offered in the new phase is limited, with areas ranging from 90 to 129 meters for 3 bedroom units, showing that the competitive prices reflect the true value of the location, services, and the high level of planning, noting that the soil boreholes test has started on site as the first step in the project’s implementation and delivering the units to clients according to the scheduled timetables.
He added that REWAQ Residence project enjoys a unique strategic location in the heart of New Cairo, just minutes away from the German University in Cairo (GUC), and the American University in Cairo (AUC), enhancing its appeal to a wide segment of clients seeking upscale housing or long-term investment.
He explained that the project is directly connected to several vital roads and highways, including the Ring Road, Ain Sokhna Road, and Mohamed Naguib and Gamal Abdel Nasser axes, which provides easy access and strong connectivity to various areas of Greater Cairo, pointing that the project’s built-up area does not exceed 25% of the total area, while the majority of the area is dedicated to green and open areas, providing a healthy and balanced living environment that reflects the company’s philosophy of achieving a high quality of life within its projects.
