ISLA Developments launches new phase of “Cube Commercial Hub” in Sheikh Zayed after the 1st one sold out

ISLA Developments company, announced launching a new phase of “Cube Commercial Hub” project in Sheikh Zayed, after the first phase sold out, in a move that reflects clients confidence in the project and its investment potential, and supports the company’s plans to develop mixed-use projects that meet the needs of the real estate market and align with the evolving commercial, administrative, and medical sectors.

Omar Abo Sehly, CEO of ISLA Developments, said that launching of this new phase is a continuation of the company’s plans to offer a comprehensive real estate product that combines a prime location, meticulous planning, and a diverse range of activities, noting that the company aims, through the Cube Commercial Hub project, to provide an integrated investment environment that serves commercial, administrative, and medical activities, while focusing on operational and management elements, which are essential for the success of commercial projects and the sustainability of their investment value.

He emphasized that ISLA Developments has nearly 11 years of experience in the real estate market, during which it has completed several projects in 6th October City, October Gardens, and Beit El Watan in West Cairo, in addition to Dar Karmal project within Dreamland, noting that this experience has contributed to build diverse expertise within the company in 3 developing real estate projects across various sectors.

He pointed that Cube Commercial Hub project enjoys a strategic location on Riviera Axis, branching off from Nozha Street in Old Sheikh Zayed, parallel to 26th July Street, near several vital projects and landmarks, including Royal City, Moonland, Hyper One, and Water Way.

Furthermore, Ethos School is located directly adjacent to the project, enhancing the potential to capitalize on the high population density and daily traffic in the district.

He clarified that the project is approximately two minutes away from Cairo Gate and the Desert Road, and is also close to Wataniya gas station, besides its proximity to Beit El Watan, phase 8, supports the attraction of diverse client segments and visitors, and boosts the anticipated demand for commercial and service activities within the project.

He pointed that the project is situated on a plot of land with multiple main facades, totaling approximately 120 meters, and includes three interconnected buildings, designed by ADC, and consists of a basement covering the entire project area, a ground floor, and three upper floors, as this design contributes to the diversity of units and activities, and facilitates easy movement and access to all parts of the project.

He emphasized that the project’s internal layout takes into account the separation of different activities and provides multiple entrances to serve clients and visitors, as it includes four main entrances: three on Riviera axis and one on Beit Al Watan side, in addition to two secondary entrances, in addition to the presence of six elevators and two escalators to facilitate movement between floors.

He added that the ground floor is dedicated to commercial activities, restaurants, and cafes, with areas starting from 25 square meters and a starting price of 195,000 Egyptian pounds per square meter, and units on the first floor start from 37 square meters, while the second floor includes administrative and medical facilities, with separate sections for medical clinics and administrative offices, thus this diverse range of uses provides investment opportunities to suit the needs of various client segments.

He noted that the company is paying particular attention to the quality of the finishing and unit outfitting, as the units will be delivered fully finished and equipped with air conditioning, provided by Metanoia company specialized in finishing works.

The medical units will also include amenities appropriate to the nature of the activity, such as antibacterial paints, floors and wall materials, allowing doctors to easily set up their clinics, besides an external waiting area will also be provided for the clinics.

Regarding the management and operation system, he assured that the company is cooperating with “Egy Map”to take over the project’s management and operation work, benefiting from its experience and track record in managing and operating a number of major shopping centers, including City Centre Alexandria, City Stars, Point 90, Mall of Egypt, and Mall of Arabia.