Tycoon Tower New Capital project
Tycoon Tower New Capital is the highest hotel in Africa. It was recently launched by the developer company as the latest phase of the Nile Business City Project New Capital which the company launched majestically in a special event attended by many people who were interested in this new edifice, during which all the details related to the types of hotel available units were monitored.
various prices, as well as different payment systems, And the exclusive discounts granted by the company to its customers who will reserve their hotel units in Tycoon Tower.
In this article, we show you all the details of this new and distinctive phase of the Nile Business City New Capital, some information about the company that developed the project, And the most important investment advantages that will return to you from your investment in this new edifice Tycoon Tower.
Tycoon Tower location
As we mentioned earlier, Tycoon Tower is the latest phase of the Nile Business City project, which is one of the most important projects launched by the Nile Development Company in the New Capital, it is the third-highest skyscraper in Africa, and the second-highest peak in Egypt after the iconic tower in the New Administrative Capital.
The developer company distinguished the project with many advantages that qualified this project to be one of the best-implemented projects in Egypt and the New Capital in particular.
Among those advantages that the project enjoyed is its unique location that is not similar to any other project in the New Capital, it is located in the middle of the new capital, Specifically, in the heart and center of the Down Town area, The most prominent and important areas in the new capital. And as a result, luckily Tycoon Tower Egypt has the advantage through this many geographical advantages due to its location in this very special and strategic location, The most important of which are the following:
Advantages of Tycoon Tower
- Tycoon Tower New Capital is located near the north and south axes of Bin Zayed. And the ring road.
- Tycoon Hotel is also located near the House and Senate buildings. people square, and cabinet in the new capital.
- It is also located near the monorail train and the airport.
- It is also located near the most famous neighborhoods of the New Capital, which is the business and financial district, and the diplomatic quarter.
- Tycoon Tower is also located close to the most famous landmarks of the New Capital, such as Al-Fattah Al-Alim Mosque, the cathedral, and diamond hotel, And the new museum.
- Finally, Tycoon Tower is characterized by its magnificent view of the Green River (the largest public garden in the world, which extends from the north to the south of the New Capital).
Tycoon Tower New Capital Space
Tycoon Tower is located Within the Nile Business City project, which is located on an area of 7.8 acres in the tourist towers bar in the New Capital. Where it stands out among the rest of the neighboring projects, Due to its huge height, which is 233 meters above the ground.
Tycoon Tower New Capital is considered the highest hotel peak in the world with a distinctive facade of 98 meters, and it is managed by one of the most prominent hotel management companies that operate more than 150 hotel branches around the world with a 5-star Rating.
Tycoon Tower Services & Features
Tycoon Tower Egypt is characterized by many wonderful services and benefits that are worthy of the size of this new and distinguished project in the tourist towers bar in the New Capital, and among the most prominent of these advantages are the following:
- Hotel service with the highest level is provided by one of the most prominent hotel management companies, which manages around 150 hotels around the world.
- High-speed elevators to easily move around the hotel.
- Various swimming pools are suitable for all ages.
- Central air conditioning for all hotel units in Tycoon Tower.
- High-speed internet.
- Cinemas present the latest Arab and international films.
- Luxurious restaurants operate throughout the day to serve delicious local and international dishes.
- Equipped meeting rooms dedicated to managing various businesses.
- Electric generators for the hotel to ensure the continuity of lighting and the work of all devices without any interruption.
- The highest level of security service works 24 hours a day.
- High-quality surveillance cameras monitor the Tycoon Hotel and provide the highest levels of security.
Tycoon Tower design
Tycoon Tower is one of the phases launched in Nile Business City project by the developer company. It was designed with a variety of hotel units (the space of the units starts from 33 square meters) and with different ownership systems to suit the largest segment of customers according to their different capabilities. These systems are as follows:
Firstly: The fractional Ownership System
Fractional Ownership is a new system through which the customer can enjoy partial ownership of the hotel unit within specific proportions. The company handles the management and rental of the unit on its behalf. Partial ownership or investment roles in Tycoon Tower are divided into the following:
- Partial ownership of the unit by 25%. For all the 16th, 17th, and 18th floor units from Tycoon Tower.
- Partial ownership of the unit by 50% for all the 19th, 20th, and 21st-floor units.
- Partial ownership of the unit by 100% for all the 22nd, 23rd, and 24th-floor units.
Secondly: A Full Ownership System (End-User)
Through this system, the customer can fully own his unit and dispose of it and manage it in the way he wants. In addition to enjoying all the hotel services in Tycoon Tower, the full ownership units in Tycoon Tower Egypt can be divided as follows:
- Studio hotel units: which are located on the 39th and 40th floors.
- One-room hotel units: which are located on the 41st and 42nd floors.
- Two-room hotel units: these units are located on the 43rd and 44th floors.
- Tycoon Penthouse units: finally, these units are located on the 45th and 46th floors.
Third: Service floors in Tycoon Tower
Tycoon Tower Egypt has many luxurious hotel services, which are distributed in the hotel starting from the 3rd floor to the 8th floor, which can be divided as follows:
- 3rd floor: It includes many high-level restaurants, which operate throughout the day continuously.
- 4th Floor: It contains a variety of services provided to guests and owners of hotel units in Tycoon Tower.
- 5th and 6th floor: which is a double floor on its high, that includes a gym, spa, and Paul Access.
- 7th and 8th floor: These floors include the hotel’s lobby area, In addition to a dedicated business area.
Tycoon Villa units
Tycoon villas are distinguished hotel units offered by Nile Development Company in the Tycoon Tower project, but the company preferred that it will announce it separately in a near future event.
Tycoon Tower prices
Nile Development Company provides its customers with various ownership systems in Tycoon Tower, with prices that suit the different segments of its customers, which start from 2,475,000 Egyptian pounds. Unit’s prices in Tycoon Tower can be classified as follows:
Firstly: Investment units
- A Fractional ownership system of 25% starts price from 2,475,000 Egyptian pounds.
- While the 50% ownership system prices start from 4,950,000 EGP.
- As for the 100% ownership system, its price starts from 9,900,000 EGP.
secondly: Full proprietary system units
- The prices of studio-type hotel units start from 9,900,000 EGP.
- The price of one-room units starts from 9,800,000 EGP.
- While the prices of the two-room hotel units start from 29,700,000 EGP.
Third: Tycoon Penthouse units
The prices of penthouse-type hotel units in Tycoon Tower start from 125,000,000 EGP.
The value of the EOIs was determined by the developer as follows:
- 50,000 EGP for those who want to pay in cash or through cheques.
- 40,000 EGP for payment through bank transfer.
- Reservations start on Sunday, 12 February 2023.
- The reservation value will be fully refunded later.
Payment systems in Tycoon Tower
The Nile Development Company provides its customers with flexible and convenient payment systems for all those interested in investing in this new phase of Nile Business City (Tycoon Tower),
Where the customer can choose what suits him from the following systems:
- Paying 10% down payment of the total unit price, and then pay the rest for up to 6 years.
- Paying 15% down payment of the total unit price, and then pay the rest over 7 years.
- Pay 20% of the unit price, and then pay the rest over 8 years.
- Tycoon payment system: It is a new payment system that will be launched soon by the Nile Development Company.
Investment guarantee system
It is a system launched by the Nile Company as a pledge to lease investment units to its clients so that they do not have any doubts about the company’s ability to manage its hotel units to the fullest. and confirm their profitability through this system, Where the company decided to grant a return on investment to its customers by 30% for the first 3 years, divided between 10% for each year separately.
Tycoon Tower discounts
Nile Company grants to its clients who are interested in reserving their hotel units in Tycoon Tower New Capital a very special discount, for those wishing to book during the first weeks of announcing the new phase of Nile Business City Tycoon Tower’s new capital, and the discount rates announced by the company are as follows:
- 12% discount on the total unit value for everyone who reserves his hotel units in Tycoon Tower during the first week.
- 9% discount during the second week.
- 5% discount during the third week.
The company also surprised everyone by giving a 40% special discount for those who will pay cash during the first week of opening the reservations door. Provided that the percentage gradually decreases during the following weeks from the date of beginning the reservation.
investing Advantages in Tycoon Tower
If you are wondering how much investment benefits can you get from your investment in Tycoon Tower? Through the following points, you will learn about the importance of your investment in hotel units in Tycoon Tower new capital, and how many advantages can you reap through it.
- Sure Profit: as a result of the little number of hotel investment projects in Egypt, and the high demand for them. This is an advantage that you can seize with the greatest possible return.
- Great investment flexibility: as you can choose from the distinguished systems offered by the Nile Company, from partial ownership of hotel units’ system that the company through it guarantees to manage units and obtain the largest return from them, or you can choose to own your unit completely and manage it at your control.
- International hotel management: that gives you a great investment advantage that makes many people want to reserve and stay in this hotel and under this high-end management.
- Obtaining a 30% return granted by the developer company to the beneficiaries during the first 3 years as a guarantee of its full seriousness, and its ability to manage and rent hotel units efficiently in the future.
- In addition to the previous advantages, having a hotel unit in the highest hotel peak in Africa is a great advantage. It makes many people compete to rent their residence in it.
- Finally, you cannot deny the strategic and most important advantage of Tycoon Tower, which is its unique location in the heart of Downtown the New Capital, specifically in the tourist towers bar.
Information about the operating company
TYCOON TOWER New Capital is operated by one of the world’s largest hotel operators, which operates 152 branches around the world in more than 80 countries, under the name of GRAND MILLENNIUM.
Among its most famous hotels is the Grand Millennium Hotel in Dubai, it is one of the finest and most luxurious hotels in Dubai, United Arab Emirates. Which rated highly (8.5) on one of the most famous hotel evaluation sites around the world, Booking.
Grand Millennium owns more than 152 branches around the world in several countries and cities, most notably in (America, Dubai, London, Tokyo, Singapore, Beijing, Turkey, Paris, Rome, and Jeddah). All of its branches are rated 5 stars.
After the great success achieved by the Grand Millennium Hotel in various countries, The hotel decided to extend a new branch in one of the most important development projects in Egypt, which is the new administrative capital. Specifically, in its most prominent project Nile Business City.
And the following are some stations that Grand Millennium has passed since its inception:
- 1989: The company started its activities in Singapore by establishing and managing 6 hotels.
- 1993: The company purchased 500 hotel rooms and increased the number of its affiliated hotels to 13 hotels in New Zealand.
- 1995: That year was a major shift for the company, as it acquired a large hotel chain in England at a value equivalent to 219 million pounds sterling.
- 1996: The company was registered as an approved company on the British London Stock Exchange.
- 2001: That year was the beginning of expansion in the Middle East. Two major offices were opened in both Dubai and Riyadh cities to manage all Middle East branches.
- 2022: The company acquired 48 new hotels.
- 2023: The company is currently preparing 32 new hotels for it in different countries.
The Nile Real Estate Company in Egypt has the honor of being the entry gate of the famous Grand Millennium hotel for the first time in Africa and Egypt through the Nile Business City Project New Capital.
Information about Nile Business City
Nile Business City is one of the largest projects developed by Nile Real Estate Development Company in the New Administrative Capital, which came as a show of strength from the developer after the tremendous success it achieved in its first project in the New Capital, 31 North Project, which was completely sold out in record time.
Nile Business City is the first vertical city in Egypt, the third highest peak in Africa, and the second highest peak in Egypt, it is being implemented by the Nile Company in one of the best strategic locations in the New Capital, in the heart of the Down Town area. Close to the most famous neighborhoods of the capital and its most prominent landmarks.
The Nile Company launched this high-rise project to consist of 55 floors, with a height of 233 meters, and with a built-up area of 296,000 square meters, to be the largest built-up area in Egypt that fits its main idea of being an integrated vertical city in one project.
Nile Business City consists of 4 independent towers, two of which are connected internally on several shared upper floors. One of the Nile Business City towers includes a hotel “Tycoon Tower” to have a large share in this huge project presented by the Nile Real Estate Company.
About the Nile Real Estate Company
Nile Real Estate Development Company is one of the largest real estate development companies in Egypt. It started its activity since 2002 in Mansoura city, until its headquarters moved to New Cairo in the Fifth Settlement area in 2016.
During those years, the Nile Company achieved many great achievements in the field of real estate development in Egypt. Since its inception, the company has developed nearly 160 separate projects all over Egypt. Until the company became one of the pioneers in the building and construction Field, with a huge financial capability that enabled it to invest in the most prominent development projects in Egypt in the current period, which is the new capital city.
The Nile Development Company has pumped huge amounts of investment to implement its mega projects in this new entity. As its total investments in the new capital amounted to approximately 290 billion Egyptian pounds.
Nile Development Previous work
Since the company has implemented many successful projects all over Egypt, below we will show you some of these successful projects from the company’s previous work.
- Project 31 North new capital.
- Nile Business City project (the highest vertical city in Egypt and Africa).
- Extensive development works in Beit Al Watan area in the Fifth Settlement.
- Development works in the Lotus project.
Chairman of the Board of Directors
The Board of Directors of the Nile Development is chaired by Engineer Mohamed Taher, one of the most prominent figures in the real estate development industry in Egypt. He is known for his innovative tendencies in all the projects he undertakes. And Nile Business City project is the best proof of that.
Engineer Mohamed Taher always strives to do a detailed study on the global real estate development market. And to attract the best model to suit the conditions and needs of the Egyptian market, He also seeks to integrate technology as much as possible in all his projects to contribute to the company‘s development.
Taher has a wealth of experience in the real estate development field, which qualified him to be one of the industry pioneers. He has more than 25 years of experience since he graduated from the Faculty of Civil Engineering at Mansoura University. Which appeared clearly in all the investment projects that he undertook to implement in terms of distinctive designs, unique styles, And the adoption of the best international practices in the field.
Book your hotel unit now in Tycoon Tower, and enjoy the highest investment return in the New Capital. Just contact us at 00201011564040, and one of our sales officials will respond to you immediately to provide you with all the details about Tycoon Tower New Capital, the latest phase of Nile Business City project.