Diamond Tower New Capital

Diamond Tower New Administrative Capital is a commercial, medical, administrative and hotel tower under construction, developed by Emaar Rizk Group (ERG) on a 5,000 sqm plot in the Promenade and Shopping District of the Downtown area. Prices at Diamond Tower start from EGP 5,000,000 (September 2026), with a 10% down payment and installments over up to 8 years, as of the last update in October 2026.

About Diamond Tower New Administrative Capital

The tower has a ground floor and 14 typical floors, plus 3 underground parking levels, with each floor plate at around 1,350 sqm. Uses are stacked vertically, with each activity assigned to specific floors, which gives every user their own entrance and services:

• Ground to third floor: retail units.
• Fourth to sixth floors: medical units.
• Seventh to tenth floors: administrative offices.
• Eleventh to fourteenth floors: hotel apartments and residential units.

The tower features a sky roof area on the fifteenth floor and a drive-through service on the ground floor, and green and open areas make up about 70% of the project’s land.

Diamond Tower location in Downtown

The project is in the Downtown area of the New Administrative Capital, on the district’s widest street at 90 meters, directly behind the towers and between the eastern and western entrances. It overlooks the Central Park and the Green River. Approximate distances are:

• Bin Zayed Axis: about 5 minutes.
• Government District and Banks District: about 10 minutes by car.
• Monorail station: about 10 minutes.
• The Cathedral of the Nativity of Christ and the Ministries District: close to the project.
• New Administrative Capital Airport: a few minutes away.

Also see Obsidier Tower Mall New Capital and Capital Square Mall New Capital.

Unit sizes and types

Sizes scale by activity, and begin as follows on the offers available (October 2026):

• Retail shops: from 25 sqm.
• Medical units (clinics): from 30 sqm.
• Administrative offices: from 30 sqm.
• Hotel apartments: from 30 sqm.

The smallest units start from 20 sqm, and units of 25 and 30 sqm are available, so be sure to ask what is actually available. Examples include a fully finished 36 sqm office and a 40 sqm shop overlooking the plaza.

Diamond Tower prices and payment plans

Prices at Diamond Tower start from EGP 5,000,000 (September 2026), and from EGP 8.9 million, a gap we believe comes from differences in the unit concerned and the update date. For that reason we show the figures as a range and refrain from publishing a price per meter for each activity, because the available listings contradict each other sharply on this point. We recommend asking for a written price offer for the unit you are interested in.

Payment plans vary by phase:

• A 10% down payment with installments over up to 8 years.
• A 10% down payment over 6 years, or 15% over 7 years, or 20% over 8 years.
• Longer plans with a 25% down payment and installments over up to 10 or 12 years, with payments after one year and at handover.
• A 20% down payment with a 20% discount and installments over 3 years, for those who prefer early payment.

Delivery is in 2029, while elsewhere the page mentions delivery within two years, so have the date fixed in the contract. Retail units are delivered as red brick shells, medical and administrative units are delivered fully finished and air-conditioned, and hotel apartments are delivered fully finished, furnished and air-conditioned.

The developer

The developer is Emaar Rizk Group Real Estate Development (ERG), founded in 2005. Its project sits in the heart of Downtown, next to the business towers, which makes it a candidate for the medical and administrative uses that need quick access to the Government District.

Facilities and services

The tower’s announced services include:

• A dining and cafe area, a children’s play area, a spa, a sauna and a 9D cinema.
• Conference halls, men’s and women’s gyms, pharmacies, a mosque and shops.
• Elevators and escalators, electronic gates, round-the-clock security, surveillance cameras and ongoing maintenance.
• Central air conditioning, backup generators, solar power systems, smart lighting and high-speed internet.
• 3 car parking levels, advertising screens, a customer service area and artificial lakes.

Who Diamond Tower suits

The project suits three groups: business owners who want a location on a 90-meter-wide street, doctors looking for a clinic in a serviced medical tower, and investors who prefer furnished hotel apartments. In every case, compare the expected return with the unit price, and check the loading factor and the agreed rent before contracting.

How to compare the activities at Diamond Tower

The buying logic differs across the four activities. Retail shops on the lower floors depend on foot traffic and the surrounding activities and are delivered as red brick shells, so they need a fit-out budget. Medical and administrative units are delivered fully finished and air-conditioned, which shortens the time to opening. Hotel apartments suit those who want a return from daily letting or furnished rent, provided the operating and management party is confirmed.

Questions to ask before booking

• What loading factor applies to each activity, and how is the net area calculated?
• What extra fees apply, such as maintenance and parking, and are they paid at handover?
• What rent per meter is expected in Downtown compared with the purchase price?
• What is the written delivery date and the penalty for delay?

Since published prices vary so widely, getting a written price offer for the unit and floor you want is the most important step before comparing with the neighboring towers.

Why buy Diamond Tower through West Capital

We follow the New Administrative Capital market daily and review the prices announced on available listings and by developers, so we do not simply pass along a single number. When you contact us about Diamond Tower you get:

• An updated list of available units with their sizes, prices and payment plans, explaining the differences between what various listings show.
• An impartial comparison with other Downtown towers such as Obsidier, Capital Square and Leo Tower on price, down payment, installment period and delivery date.
• Help arranging a viewing and following the booking and contracting steps with the developer, with no extra fees for you.
• A review of the contract terms and the delivery schedule before you sign, to fix the dates and the penalties for delay.

For more options, browse projects in the New Administrative Capital, learn about Emaar Rizk Group Real Estate Development, and compare with Obsidier Tower Mall New Capital, Capital Square Mall New Capital, Leo Tower Mall New Capital and Legacy Tower Mall New Capital. See also our guide to malls in the New Administrative Capital.

Diamond Tower FAQ

Where is Diamond Tower in the New Administrative Capital?

In the Downtown area, in the Promenade and Shopping District, on a 90-meter-wide street behind the towers. It overlooks the Central Park and the Green River and is about 5 minutes from the Bin Zayed Axis (October 2026).

How big is Diamond Tower and how many floors does it have?

The plot is about 5,000 sqm and each floor is about 1,350 sqm, with a ground floor and 14 typical floors plus 3 parking levels.

What are the starting prices at Diamond Tower?

They start from EGP 5 million (September 2026) and from EGP 8.9 million, varying by unit activity and size.

What are the payment plans at Diamond Tower?

A 10% down payment with installments over up to 8 years in the basic plan, with longer plans of up to 12 years at higher down payments (October 2026).

What is the announced delivery date for Diamond Tower?

Delivery is in 2029 and may come within two years, so the actual date should be fixed in the contract.

What unit types are at Diamond Tower?

Retail shops from 25 sqm, clinics from 30 sqm, administrative offices from 30 sqm and hotel apartments from 30 sqm, spread across the floors by activity.

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