Gates Real Estate Investment Company is one of the enormous companies in the Egyptian real estate market, which always offers a new vision of modern urban development. It was also established in 1996 AD and has achieved remarkable success in real estate development. It also has experience for more than 25 years, and since then it aims to provide the best quality for years.
The company also established Gates Real Estate in 2018 as a new front for the major company, United Arab Developers, which was established in 1995. And the members of this company have more than 25 years of experience in engineering and construction in the Arab Republic of Egypt.
Also, the owner of the Venia Compound is the Housing and Building Association for the employees of the Egyptian Natural Gas Company (GASCO Company), and the developer and executor of the project are Gates Real Estate Development Company, and we mention the following as its most important works.
The Venia Compound, the New Administrative Capital, is distinguished by its strategic location in the heart of the New Administrative Capital, as it is in the R7 area, specifically in plot D4, and is characterized by being close to the most important tourist attractions in the Administrative Capital and contains the Strip Mall, and is also near the most prominent landmarks in the New Administrative Capital And they are:
The Venia project is distinguished by its proximity to the Green River, the central park, and the northern axis of Mohammed bin Zayed, which connects the capital. The compound is also on major streets with a width of 60 square meters and is near the Diplomatic Quarter, which is a low-density area, the largest service area, and a gas station a kilometer away. Just.
The compound is near the financial and government district, the ministries district, and the central station for trains (the Monorail and Al-Massa Hotel).
The compound is also minutes away from the Al-Fattah Al-Alim Mosque, the Fair City, the Cathedral Church, the Medical City, and the Roman Theatre.
The project is distinguished by its proximity to the compounds and the distinctive residential projects, which are the Sueno and Serrano compounds, the Anakaji project, the Bosco project, and the Scene Seven compound.
They built the Venia New Administrative Capital on an area of about 40 acres, where the construction rate is about 30%, and the rest of the area is services, facilities, green spaces, an entertainment services area, and water lakes.
The project also contains 49 buildings.
Each building includes a ground floor and 7 floors, and the floor contains 4 apartments divided into distinct engineering divisions, and there are also 27 independent and connected villas.
Also, the project contains three phases, and the first phase in the project contains 18 buildings and contains 376 units, and the number of models contains 5 models, and there are 3 entrances to the project, and the width of the streets in which the entrances are located ranges from 13 to 34 square meters.
The spaces of Venia New Capital units range from 124 square meters to 224 square meters.
As the price per square meter in the Venia Compound starts from 9,500 pounds per square meter, which is a very special price in the units of the Seventh District.
The company has developed 5 systems for the installment and reservation of the units of the Venia Administrative Capital, as follows:
5% down payment and the rest in installments over 6 years.
10% down payment and the rest in installments over 7 years.
15% down payment and the rest in installments over 8 years.
Pay a 15% down payment, the rest in installments over 9 years, and 45% after receipt.
Payment of 15% down payment, 5% after a year and a half, and the rest of the amount in installments over 10 years, and 50% after receipt.
Gates Real Estate Development Company also announced a discount of 25% for cash payment, and the company set the date for handing over the units of the Venice Administrative Capital in the last quarter of 2024, with a payment of 10% for the maintenance of the project units.