- Updated On:
- March 11, 2023
205 Arkan Palm
205-Arkan Project by Arkan Palm for Real Estate Investment Company, a subsidiary of Palm Hills Developments, and Gensler, a global design and architecture firm, signed on May 22 a contract to develop designs and detailed masterplan of the former’s 205-acre project in Sheikh Zayed, west Cairo, Invest-Gate reports.
CEO of Arkan Palm Mamdouh Badr El Din said in a press statement Gensler will finish the designs and masterplan of the project within 20 weeks. Afterward, it will apply for obtaining the project’s ministerial approval and necessary licenses to begin construction immediately.
Besides, In late March, Arkan signed an agreement with the New Urban Communities Authority (NUCA) for the construction of an integrated commercial, administrative, medical, and recreational complex.
Overlooking the 26th of July Axis, the new project developed with investments worth EGP 59 bn.
Feature of The Project
- The project is a magnificent real estate development located in the prestigious Sheikh Zayed area in Egypt.
- It is a stunning project that promises to provide exceptional amenities and a prime location that is hard to beat.
Investing in the 205 Arkan Palm project at Sheikh Zayed
- It is an excellent opportunity for investors looking to capitalize on the booming real estate market in Egypt.
- In addition, The project is expected to offer high rental yields and strong capital appreciation in the coming years, making it an attractive investment option.
In conclusion
- The 205 Arkan Palm project at Sheikh Zayed is a unique and exciting real estate development in Egypt.
- With its luxurious living spaces, world-class amenities, and prime location, it offers residents a lifestyle that is unparalleled.
- Also, Investors looking for a sound investment option in Egypt’s real estate market should consider investing in this project.
Don’t miss out on this incredible investment opportunity! Invest in real estate today and secure your financial future.
