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Central Iconic Tower New Capital

Posted by Noha Taher on May 23, 2023
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Central Iconic Tower New Capital is one of the most important projects of Modon Developments Company, it is distinguished by its unique geographical location as it is located in the Central Business District (CBD), and is located directly in front of the Iconic Tower, which is the tallest tower in Africa.

Central Iconic Tower New Capital

Details of Central Iconic New Capital Tower

Name of the project Central Iconic Tower New Capital.
Location in the Central Business District (CBD).
Total Area 4,114 square meters.
Types of the units commercial, administrative, hotel units, duplexes, and apartments.
The owner company Modon Developments.

Location of the Central Iconic Tower

The location where Central Iconic Tower is located was chosen very carefully, near the most important roads and main axes, and it is very close to the most important service areas, whether entertainment or government.

Places near the Central Iconic Tower

Central Iconic Tower

Design of the Central Iconic Tower New Capital

Modon Developments Company was keen to design this tower according to the latest international standards.

The Central Iconic Tower consists of a ground floor, three garages, and 14 upper floors.

  • The ground floor: contains commercial units and includes the most famous cafes, a bank, and a pharmacy.
  • The first floor: contains various shops.
  • The second floor: contains a large food court.
  • From the third floor to the sixth floor: there are administrative units, with finishes and air conditioners.
  • From the seventh floor to the ninth floor: it includes the hotel units (studios) that are delivered fully finished, furnishings, and air conditioners.
  • From the tenth floor to the twelfth floor: it contains hotel apartments, which consist of two or three rooms, with finishes, furnishings, and air conditioners.
  • From the 13th to the 14th floor: it includes a duplex Sky Villa, which consists of a first floor that contains a reception and the rooms on the second floor, this will be delivered with finishes, furnishings, and air conditioners.

Central Iconic Tower

Spaces within the Central Iconic Tower

Modon Developments Company has implemented this huge project on a large area to accommodate all basic and recreational services and facilities, as it was built on an area of 4,114 square meters.

The project’s construction occupies only about 30% of the total area, while 70% of it has been allocated to recreational services and landscapes. The space of one floor is about 1780 square meters.

  • The administrative and commercial unit’s spaces start from 40 square meters.
  • The hotel unit’s spaces start from 40 square meters.
  • The duplexes and hotel apartment spaces start from 95 up to 128 square meters.

Services and features of the Central Iconic Tower

  • In Central Iconic Tower, there is an integrated security system in order to combat the outbreak of fires and to develop a distinct plan for the complete evacuation within a few minutes.
  • The Central Iconic Tower, is equipped with a comprehensive security system with surveillance cameras, covering all parts of the mall, whether from the outside or inside.
  • Providing a 24-hour security and guarding service, through specialized companies with experience in this field.
  • Alternate backup system operates when the power fails.
  • For more sophistication, there is a large reception hall for visitors, offering distinguished hotel service.
  • The tower includes more than one elevator with a wonderful panoramic facade.
  • A dancing fountain that gives an atmosphere of beauty and attractiveness, and the possibility of taking distinguished photography beside and in front of it.
  • There are escalators throughout the tower to help in moving between the different floors, and there are stairs designated for unit owners.
  • The project has been provided with meeting rooms based on the latest international designs.
  • Providing rooms for individual and group work.
  • A variety of stores for the most famous international brands.
  • The Central Iconic Tower, has a distinct area dedicated to children’s entertainment.
  • The Central Iconic Tower includes a group of artificial lakes with stunning views.
  • The tower includes a large group of restaurants from all over the world, to suit all tastes.
  • The Central Iconic Tower includes a spa and a health club, which are equipped with the latest international models.

Central Iconic Tower

Prices and payment systems

The unit prices in Central Iconic Tower New Capital are very distinctive they are in the average purchasing power for people of good taste and those looking for an ideal life for themselves and their families, and the prices are as follows:

  • The ground floor, an area of 45 square meters, the average price per square meter is 130,000 Egyptian Pounds.
  • The first floor, the unit’s space starts at 45 square meters, and the average price per square meter is 60,000 Egyptian Pounds.
  • The second floor is a food court, an area of 35 square meters, the average price per square meter is 40,000 Egyptian Pounds.
  • The third to the sixth floor, administrative units, the area of 40 square meters, and the average price per square meter is 23,000 Egyptian Pounds.
  • From the seventh to the ninth floor, hotel units, an area of 45 square meters, the average price per square meter is 26,000 Egyptian Pounds.
  • From the tenth to the 12th floor, hotel apartments, an area of 95 square meters, the average price per square meter is 26,000 Egyptian Pounds.
  • The 13th to the 14th floor, sky villa duplex, the area of 120 square meters, the average price per meter is 26,000 Egyptian Pounds.

Central Iconic Tower

Payment systems:

For the first time in Egypt, Modon Developments Company has achieved the difficult equation that brings together both the customer’s comfort and not bearing any financial burdens, by offering many flexible installment systems.

  • 10% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 7 years.
  • 15% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 8 years.
  • 20% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 9 years.
  • 25% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 10 years.
  • 30% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 11 years.
  • 35% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 12 years.
  • 40% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 13 years.
  • 45% down payment + 10% as a receipt payment, and the rest is to be paid in installments over 14 years.
  • 50% down payment + 10% as a receipt payment, and the rest of the amount is to be paid in installments over 15 years.
  • Finally, you can install your unit by choosing the down payment agreed upon during the contract, and install the rest of the amount over a period of up to 20 years.

Central Iconic Tower

The Disadvantages of the Central Iconic Tower New Capital

Despite all the advantages that the Central Iconic Tower New Capital carries, there are some obvious notes in it, which are that it did not include medical units because the tower is a hotel building dedicated to hotel units more than any other activity.

Central Iconic Tower

The owner company and its previous projects

Modon Developments is the owner and executing company of the Central Iconic Tower New Capital project, and it is a company that has a great deal in the world of real estate development by setting up various projects in all fields in Egypt and Kuwait, and it is always keen to present everything that is new and different in order to earn a lot the trust of its customers.

Previous projects of Modon Developments

  • Hilton Green River New Capital.
  • The Tower New Capital.
  • A number of commercial malls in Kuwait and Egypt.
  • M Business Tower New Capital.
  • A group of hospitals and schools in Kuwait.
  • Building sports clubs in Kuwait.

Central Iconic Tower

For inquiries and reservations

01210400991

If you are looking for real estate either inside or outside Egypt, La Costa real estate platform is your main destination to give you whole information about all real estate projects and it is also your easiest way to reach what you want, whether your dream home or your new project in the finest areas with the best prices.

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