FAQ
Frequently asked questions
Prices, payment plans, locations and everything buyers ask about Nile Developments projects.
Tycoon Tower
What is the TROPHY Office Collection?
TROPHY is an exclusive collection of administrative offices on the 49th floor of Tycoon Center, the tallest administrative tower in Egypt and Africa. You can own 25% of a unit's area from EGP 3.8 million, with a guaranteed lease contract returning 12% to 14% a year for 4 years starting at handover.
What are the TROPHY and TROPHY PLUS payment plans?
Two payment plans are available: • TROPHY: down payment from 10%, with installments of up to 8 years depending on the plan selected • TROPHY PLUS: 30% down payment, 30% after one year, and a 30% instant return before handover, in addition to the guaranteed returns after handover
What is Tycoon Tower in the New Administrative Capital?
Tycoon Tower is the tallest hotel tower in Africa, located in Egypt's New Administrative Capital. It is one of the most prominent modern architectural landmarks, reflecting the country's urban and economic growth.
Where is Tycoon Tower located in the New Administrative Capital?
Tycoon Tower is strategically located in the Downtown area of the New Administrative Capital, within the Tourist Towers District. It enjoys direct views of the Green River and the Bin Zayed North Axis, making it one of the most premium locations in the city.
How tall is Tycoon Tower?
Tycoon Tower stands at approximately 233 meters, making it the tallest hotel in Africa and one of the most iconic architectural landmarks in the region.
What are the payment plans available in Tycoon Tower?
Tycoon Tower offers flexible payment plans designed to suit different investors. Plans start with a 10% down payment, with installments of up to 8 years, multiple options and discounts for cash payment.
What types of units are available in Tycoon Tower?
Two types of units, both from Grand Millennium: • Luxury hotel rooms with fractional ownership: 25%, 50% or 100% ownership • Luxury serviced apartments: studio, one-bedroom, two-bedroom and the Tycoon Penthouse
What hotel services does Tycoon Tower provide?
Tycoon Tower delivers a full hospitality experience, including: • Housekeeping and maintenance services • Reception and concierge services • Room service • High-end facilities for residents and guests
How many floors does Tycoon Tower have, and what facilities are included?
The tower has around 50 hotel floors and a wide range of amenities, such as: • 24/7 security and surveillance • Swimming pools and health clubs • Restaurants and cafés • Business centers and meeting rooms • Retail outlets and commercial spaces
What makes Tycoon Tower stand out among other projects in the New Capital?
Tycoon Tower stands out thanks to: • Its prime Downtown location • A unique, modern architectural design • Fully integrated services and facilities • Being the tallest hotel in Africa
Why do serviced apartments matter in the New Administrative Capital?
Serviced apartments are a key part of the New Capital's tourism infrastructure. They offer: • Luxurious, comfortable stays • Fully integrated hotel services • Investment opportunities with sustainable returns They also play an important role in attracting tourists and business travelers and strengthening Egypt's economy.
Is Tycoon Tower a good investment opportunity?
Yes. Tycoon Tower is considered a strong investment opportunity due to: • High demand for serviced apartments • A prime location in a growing city • Potential for consistent rental income • Flexible payment plans
Why is the New Administrative Capital a promising investment and tourism destination?
The New Administrative Capital is a rising destination thanks to: • Advanced infrastructure and smart city planning • Diverse real estate and commercial projects • Strong government support • Increasing demand from investors and tourists
Nile Business City
Where is Nile Business City?
Nile Business City is situated at the heart of the golden point in the New Administrative Capital. It has a strategic location in the middle of the Green River and directly on the Mohamed Bin Zayed North Axis.
What is the area of Nile Business City?
Nile Business City stands on 32,829 m² of land and hosts the largest tourist, entertainment and commercial mall in the area: 60,000 m² with a 200 m facade on the Green River and three main entrances, a highlight of the Nile City Center mall.
What types of units are available in Nile Business City?
Nile Business City offers a variety of units, from small offices ideal for startups to larger spaces for major corporations, plus retail units in the Nile City Center mall. Its latest launch is the TROPHY offices on floor 49 of Tycoon Center.
What are Nile Business City office prices?
TROPHY offices on floor 49 of Tycoon Center start from EGP 3.8 million for a 25% share of a unit, with annual rental returns from 12%, and from EGP 15 million for a full unit, with annual rental returns from 14%, both with a 4-year lease starting at handover.
What are the payment plans at Nile Business City?
TROPHY office plans: 10% down with 6-year installments, 15% over 7 years, or 20% over 8 years. TROPHY PLUS is also available: 30% down, 30% after one year, and a 30% return before handover.
What is Tycoon Center?
Tycoon Center is a 63-floor office tower in Nile Business City next to Tycoon Tower, with 22 elevators, 7 parking levels and LEED green-building certification. The TROPHY offices are on its 49th floor.
Is Tycoon Tower part of Nile Business City?
Yes. Tycoon Tower, the tallest hotel in Africa at 233 meters, is one of the Nile Business City towers and is run by Grand Millennium.
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