AL Naser Developments has delivered its project, Golden Tower 1, in the New Capital ahead of its scheduled completion date

AL Naser Developments has begun handing over units of Golden Tower 1 mall, marking its debut project in the New Administrative Capital (NAC). This milestone highlights the company’s remarkable accomplishments within the Egyptian market. The company has succeeded in delivering the project despite all the challenges it faced during its construction, from the COVID-19 pandemic, fluctuations in exchange rates, and the global economic crises.

Eng. Ahmed Naser describes this achievement as a testament to the company’s unwavering resolve and resilience amidst the challenges faced within the real estate market. He further added that the company ensured the execution of the project while strictly following the highest international standards in construction materials, mechanical systems, and finishing materials.

AL Naser Developments consistently aims to offer an exceptional real estate product, upholding all agreements and obligations with customers. This commitment contributes positively to the real estate development industry and bolsters the national economy.

Golden Tower 1 is a mixed-use project spanning over 3,000 sq m with a total investment of over EGP 500 million. The project has already yielded a remarkable return on investment for its investors, surpassing 100%, despite market price fluctuations. The mall is strategically located in MU23, the area between two of the most prominent residential areas, R2 and R3, which will contribute to its high occupancy rate. It is also directly located on Al Amal Axis, the main entrance road to the New Administrative Capital from El Suez Road. The project is also located near the Sports City and is surrounded by nine schools, four of which have already begun operating.