Compound Ri8 New Capital

Compound Ri8 New Capital is one of ERG Developments’ latest projects launched in cooperation with the Housing and Development Bank. The compound is characterized by a vital location in the heart of the administrative capital, near the service areas and main roads, and it offers luxurious residential units with the best finishes, surrounded by many services and various facilities. Moreover, the prices of the compound units are considered highly competitive.

Details of Ri8 Compound

Location of Compound Ri8 New Capital

ERG Company has established Ri8 Compound in the most vital areas of the New Administrative Capital, near the famous landmarks and main roads, as the compound is located in the second row of the southern Bin Zayed Axis, making it easy for residents to reach anywhere they want in a short time.

Places close to Ri8 New Capital Compound

• The Green River is 3 minutes away from Ri8 Compound.
• The Central Business District is 5 minutes away from Compound Ri8 New Capital.
• Ri8 Compound is a few minutes’ drive away from The Governmental District New Capital.
• The new Opera House can be reached in less than 20 minutes from Ri8 Capital Compound.
• The Ri8 project is located 10 minutes away from Al Amal axis.
• Ri8 New Capital Compound enjoys a direct view of the iconic tower.
• The Presidential Palace is about 27 minutes away from the compound.
• Its proximity to ITC Mall and Il Bosco Apartments.
• The Administrative Capital Airport is a 35-minute drive from the compound.

Design of Compound Ri8 Administrative Capital

ERG Company has applied the latest architectural designs for Ri8 Compound as it cooperated with Engineer Mohamed Hafez for Engineering Consultancy, one of the engineering leaders in the New Capital projects, who implemented the most luxurious designs that match international residential buildings. Compound Ri8 New Capital designs are as follows:

• The construction percentage occupies about 18%, and the rest is for green spaces and landscapes.
• Ri8 Compound includes 34 buildings, ranging from duplexes to apartments.
• The compound contains 1023 apartments, with 4 apartments on each floor.
• The owner company has also considered separating the residential buildings from each other by large green spaces so that all residents enjoy complete freedom and privacy.

Area of Ri8 Compound New Capital

The area of Ri8 New Capital Compound is one of the most important features that contributed to offering several residential units with different designs and spaces that satisfy all the needs and desires of customers. Ri8 Compound extends over 25 acres with a building construction rate of only 18%, while the remaining 82% is designed for comprehensive services, facilities, and landscaping.

The spaces of Compound Ri8 units

• Apartment space starts at 135 meters.
• Duplex spaces start from 350 meters.

Services available within Ri8 Compound

Compound Ri8 New Capital has offered all the basic and recreational services that meet all the needs and aspirations of the residents, to guarantee them all the means of recreation and complete comfort. The services and features in Compound Ri8 are as follows:

• Compound Ri8 New Capital has 2 elevators in each building for easy movement for residents.
• Swimming pools are available at the highest level in Compound Ri8 Administrative Capital.
• There are also covered swimming pools for ladies to enjoy their privacy and freedom.
• The compound has a service mall with all the services and residents’ needs.
• There are several private parking garages near the residents’ units.
• Gyms are also available in the compound for sports lovers.
• There are designated tracks for cycling and jogging.
• Restaurants and cafes are available at the highest level to serve the most delicious dishes and beverages.
• The project has green spaces and gardens to spend special times with family.
• Ri8 Compound has areas dedicated to children to enjoy their entertaining times safely.
• The compound has 24-hour guards and security to achieve the highest level of security for the residents.
• Compound Ri8 New Capital has the best 24-hour cleaning and maintenance services.
• There are cameras distributed throughout the compound.

Prices and payment systems

ERG Company has been keen to offer competitive prices for all Ri8 units to suit a large segment of customers and investors. The prices start at 5,334,444 EGP, suitable for the features and services available in the Ri8 New Capital project.

Payment systems for the units

The developer company has not only offered the best prices to customers but has also worked to offer several flexible payment systems that help all customers get their suitable unit with installments over the longest possible period. The most important systems offered are the following:

• The first system: The customer pays a 10% down payment and the rest of the unit price over 7 years.
• Second: a 15% down payment + 5% after 12 months, and the rest over 10 years.
• Third: The customer pays 25% of the unit value as a down payment, receives a 25% discount, and the rest over 4 years.
• The last system is to pay the unit price in cash and receive a discount of 45% of the unit value.
• There are other fees, such as garage fees and club fees.
• Delivery of units Ri8 Compound units is within a year.

Features of Ri8 Compound Administrative Capital

Ri8 New Capital Compound enjoys all the features that every customer dreams of, starting with a sophisticated strategic location, luxurious designs, and high-quality finishes. It also offers a variety of residential units with multiple spaces and all the basic services and luxury that residents are looking for, along with affordable prices with the best payment systems for up to 10 years.

Drawbacks of Compound Ri8 Capital

Some may see the dates set by the owner company to deliver their units as too far, whether for those wishing to own their units as soon as possible or those looking for a quick investment. However, the company wants to deliver the apartments at the highest level in terms of luxury finishes and international designs, which will take some time.

The owner company and its previous projects

ERG Developments includes four entities belonging to Mr. Mohamed Rizk, namely ERD Developments, Emaar Rizk Real Estate, Emaar Timber, and Emaar Rizk Shipping. The company has 17 years of experience in the real estate market and has implemented successful projects in Mansoura, Damietta, and the Administrative Capital.

ERG Developments’ previous works:

• Mall Monorail Tower New Capital.
• Diamond Tower New Capital.
• Diamond Tower 2 New Capital.
• City Live Compound Ras El-Bar.
• City Live 2 project in Damietta.

Questions around Right Compound New Capital

Where is Ri8 Compound located?

The project is located in the New Administrative Capital, on Bin Zayed South Axis

Who is the developer of Ri8 New Capital?

ERG Developments.

What are the types of units available in Ri8 New Capital?

Apartments and duplexes.

What are the prices in Ri8 Compound?

The price per meter in the project starts from EGP 10,800

What are the payment systems in Compound Ri8?

Down payment starts from 10% with installments up to 10 years.

For inquiries and reservations

01210400991

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