Residence 8

The real estate developer, Residence 8 Compound, New Capital

The Residence 8 Compound, the new administrative capital, is the latest project offered by Sky Abu Dhabi Real Estate Development Company, a large company owned by Sheikh Saleh bin Muhammad bin Nasra Al-Amiri, and it is among the UAE Diamond Group companies.

The company intends to inject investments amounting to 15 billion Egyptian pounds into the Egyptian real estate market during the next two years. Sky has a portfolio of projects in the UAE, specifically in Abu Dhabi and Al Ain, which includes 17 projects, the most important of which are: AL ALAMEEN TOWERS AND Mountain View projects.

The location of Residence 8, the New Capital

The Residence 8 Compound project, the administrative capital, Sky, is in a privileged location in the heart of the eighth residential district, directly in front of Down Town, specifically in plot B1.

the most important characteristics of the location and the neighboring places of the Residence 8 compound are the following:

• Its privileged location faces the Green River and Central Park.
• Residence 8 Compound is in front of Diamond City.
• The separator between it and the embassies neighborhood is a 70-meter-wide street.
• The distance between the project and the diplomatic quarter is about 8 kilometers.
• The distance between it and the Cathedral of Christ is about 5 km.
• It is about 2 km away from the Administrative Capital Mosque.
• The distance between the Residence 8 Compound and the Administrative Capital Airport is about 10 kilometers.
• The government center is about one kilometer away from the compound.
• The distance between it and the Opera House is about 6 km.
• The Medical City is about 5.3 km away.
• The conference center is located 8 km from Residence 8, the administrative capital.
• The distance between it and New Cairo is about 20 minutes.
• From the site, it is possible to reach Heliopolis in only 35 minutes.
• The distance between it and Cairo Airport is about 40 minutes.
• It is about 60 minutes from the city center.
• The distance between it and the Suez Road is about 25 minutes.

Features of the Residence 8 compound, the New Capital

The Residence 8 compound was implemented on an area of 23 acres and includes within it various services and various facilities, besides many green spaces, parks and gardens, landscapes, and distinctive water and botanical formations.

They have designed the Residence 8 units with unique touches that combine sophistication and civilization, as they overlook attractive landscapes surrounding them from every side, and this is a successful iconic development in the heart of the Administrative Capital.

Residence 8 compound services, the New Capital

• 90% of the compound’s units overlook the landscape.
• The Residence 8 compound project includes a gym and spa at the highest level.
• A luxurious clubhouse that provides a lot of entertainment services.
• Children’s play area.
• There is a sky lounge and swimming pools that are characterized by a variety of sizes and designs.
• Tracks for walking and cycling.
• Crystal lakes for meditation and relaxation.
• residence 8 new capital offers an underground garage.
• A huge commercial strip mall.
• CCTV system for advanced security cameras to secure the entire compound.
• An advanced fire alarm system.
• The compound provides power generators for emergency use.
• The Residence 8 Compound in the Administrative Capital has cleaning services and a specialized maintenance company.
• There is a 20-meter commercial anchor, as well as a 40-meter walkway.
• A large equipped gym that offers a lot of services.
• The residence 8 new capital project has a distinctive view of the tourist walkway of Green River Park.

Unit’s spaces and prices in the Residence 8 compound, the New Capital

The project contains units of the type of apartments and duplexes, and each of them differs in terms of areas, and we mention the following the most important divisions of these units:

• Units space of type: (Type S)
• First, the ground floor contains apartments ranging from 110 square meters to 215 square meters and is attached to a garden whose area starts from 39 square meters to 98 square meters.
• Duplex attached to a garden, the area starts from 245 square meters up to 255 square meters.
• The upper floors, divided from the first to the seventh floor, contain apartments and duplexes with a variety of areas starting from 115 square meters up to 360 square meters.
• Below, we mention the area of the (Type K) private units:
• Apartments with a private garden, the area garden is 45 square meters, while the apartment starts from 110 square meters up to 150 square meters.
• Various residential apartments, starting from 155 square meters up to 245 square meters.
• Meter prices start from 11,000 to 12,500 EGP, and this price is appropriate compared to all the various services offered by the project.
• Where the unit prices start from 2,500,000 Egyptian pounds, and that price is for units in an area of 155 square meters.

The payment and installment method in the Residence 8 compound, the New Capital

• You can pay 5% of the total value of the unit, and the rest in installments over 10 years.
• When paying cash, there will be a discount of up to 27% of the total value without interest.
• Note that the units will be delivered after 4 years.