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<\/p>\nOwagik Tower Mall New Capital is a multi-use project from Owagik Real Estate Development in the Downtown area of the New Administrative Capital. It combines retail shops, administrative offices, clinics and hotel units in three towers above two commercial floors. As of October 2026 it is under construction, and the company began actual work before opening reservations. The project covers 8,035 sqm and stands 62 metres high.<\/p>\n
The project consists of 4 basement levels, a ground floor and 14 typical floors, with 596 units in total: 82 retail units on the ground and first floors, 295 fully finished and air-conditioned administrative offices, 85 medical units and clinics, and 143 furnished hotel units. Announced investments are EGP 1.7 billion.<\/p>\n
Chawer Medical manages the medical sector, and the developer positions the project as an integrated destination with retail, administrative, medical and hotel activity in one place. The idea appeals to investors who want to diversify unit types within a single project.<\/p>\n
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The project is on plot MU5-36 in the Downtown area of the New Administrative Capital<\/a>, directly behind the Green River and close to the People’s Square, the Misr Mosque, the Monorail station, the Gold Market and the high-speed train. It is about half an hour by car from the Capital Airport and has three frontages on main streets.<\/p>\n Also see: Hilton Tower New Capital<\/a> and Obsidier Tower Mall New Capital<\/a>.<\/p>\n The project suits investors who want to diversify unit types (office, clinic, shop and hotel unit) within one project run by one developer, doctors who want a clinic inside a medical tower, and business owners looking for a fully finished headquarters in Downtown. Investors need to understand that the project’s large size means internal competition between similar units when renting out.<\/p>\n Unit sizes start from 31 sqm for shops in one list, while other lists give 36 sqm. The other types are distributed as follows (October 2026):<\/p>\n Owagik Tower Mall prices start from EGP 3.98 million (December 2025), and administrative offices start from EGP 4.04 million (as of October 2026). Ground-floor shops start from about EGP 14.9 million, and clinics in the medical section range between EGP 5.1 and 5.6 million.<\/p>\n Plans vary by phase: a 10% down payment with installments over up to 10 years, and other plans with a 10% down payment over 6 years, 15% over 7 years, 20% over 8 years and 30% over 9 years. A 10% discount on reservation is mentioned, and the first installment starts after handover.<\/p>\n Delivery is in 2029. We advise tying large payments to construction progress on site.<\/p>\n Worked example: an office priced at EGP 4.04 million with a 10% down payment means a down payment of about EGP 404,000, leaving about EGP 3.64 million. That is about EGP 30,300 a month over 10 years (120 months), or about EGP 50,500 over 6 years, assuming no interest and equal installments.<\/p>\n The project is developed by Owagik Real Estate Development<\/a>, one of the companies of Global Real Estate Group, which started as a contracting company in 2001 and has projects in Egypt, Dubai and Turkey depending on the phase. The company has announced a new identity and an additional administrative tower with 12,000 sqm of sellable area, and states that its record includes more than 15 projects worth over EGP 7 billion.<\/p>\n These are the main strengths and the points that call for care:<\/p>\n With so many unit types and several towers, the decision needs guidance:<\/p>\n For more options, browse projects in the New Administrative Capital<\/a>, learn about the work of Owagik Real Estate Development<\/a>, and compare with Hilton Tower New Capital<\/a>, Obsidier Tower Mall New Capital<\/a> and DAO Tower Mall New Capital<\/a>. You can also see the New Capital malls guide<\/a>.<\/p>\n In the Downtown area of the New Administrative Capital on plot MU5-36, directly behind the Green River.<\/p>\n Owagik Real Estate Development, one of the companies of Global Real Estate Group.<\/p>\n 8,035 sqm, with four basement levels, a ground floor and 14 floors, for 596 units in total (some data says 569).<\/p>\n From EGP 3.98 million, and offices from EGP 4.04 million (as of October 2026).<\/p>\n A 10% down payment with installments over up to 10 years, and plans with a 10% to 30% down payment over 6 to 9 years are also available.<\/p>\n 2029.<\/p>\nUnit Sizes and Types<\/h2>\n
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Owagik Tower Mall Prices<\/h2>\n
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Payment Plans and Delivery<\/h2>\n
The Developer: Owagik Real Estate Development<\/h2>\n
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<\/p>\nServices and Facilities<\/h2>\n
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Owagik Tower Pros and Points to Watch<\/h2>\n
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What to Check Before Reserving a Unit at Owagik Tower<\/h2>\n
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Owagik Tower Key Numbers at a Glance<\/h2>\n
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Why Buy Owagik Tower Mall With West Capital<\/h2>\n
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Reservation Steps at Owagik Tower With West Capital<\/h2>\n
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Owagik Tower Mall New Capital FAQ<\/h2>\n
Where is Owagik Tower Mall?<\/h3>\n
Who is the developer?<\/h3>\n
How big is the project and how many units does it have?<\/h3>\n
What are the starting prices of the units?<\/h3>\n
What are the payment plans?<\/h3>\n
When is delivery?<\/h3>\n