Gardenia city

Name: Rawaa Mohamed Yasser

ID: 201900175

Presented to: Dr. Marram Adel

Table of content

1. Units price
2. Installment and Payment Systems
3. Location and area
4. Owners
5. Requirements for building the land for the compound
6. Investments costs and it’s calculation
7. Construction cost
Prices units:
● Apartment prices: start from EGP 920,000 till EGP
1,200,000.
● Villas prices: start from EGP 6,500,000, to EGP 8,000,000
● Twin House villas prices: start from EGP 4,500,000 till
EGP 6,100,000

Installment and Payment Systems in the Gardenia Nasr City

Project

Apartments
● 10% down payment and installments of the remainder of the
unit price over 6 years without interest
● 15% down payment and installments of the remainder of the
unit price over 7 years without interest
● 20% down payment and installments of the rest of the unit
price over 8 years without interest

Villas
● Paying 10% as down payment and paying the rest of the unit
price over 8 years in equal installments without interest.
● Paying 15% downpayment and the rest of the unit price in
installments over 9 years in equal installments without
interest.
● Paying 20% ​down payment and the rest of the unit price in
installments over 10 years in equal installments without
interest.

Twin House Villas:

● The installment system for this type of unit is up to 10 years.
gardenia city project location

Gardenia Nasr City Compound is characterized by its wonderful

location near Masaken Al-Zahraa in this area, especially at the
end of Al-Thawra Street, the first Suez Road in Almaza area, and
it is very few minutes away from the First Settlement area in New
Cairo, and therefore it is very close to the Ring Road and Cairo
International Airport. It is distinguished by its proximity to famous
areas such as: New Cairo, El Obour, El Shorouk, Badr, and the
New Administrative Capital.

Gardenia City project area

residential parts

It includes a large area of the total area of the compound.

There are 11 residential areas containing residential buildings.
It includes about 19,500 apartments + 80 twin houses + 100
private villas.
green parts

It consists of trees and landscapes that mediate and surround the

residential buildings, occupying about 159 acres of the total area.
The most prominent places near Gardenia City

● It is located specifically on the Suez-Almaza Road.

● Very close to Heliopolis district.
● Minutes away from Cairo International Airport.
● Close to the new administrative capital.
● In addition, it is located near the Zahraa neighborhood, Nasr
City.

Owners:

The most important feature of Gardenia City Compound is its

ownership, which belongs to two of the most powerful real estate
companies in the Egyptian market.

They are Al Ahly Sabbour Real Estate Development Company

and Hyde Park Real Estate Development Company, in
partnership with the National Bank of Egypt.

This cooperation between the two companies is reflected

positively on the design of the residential units and their prices in
the Gardenia City Compound, Suez Road, the speed in delivering
the units and the possibility of providing the best payment
systems, in addition to providing many services in the project.
Requirements for building the land for the compound

Conditions for building buildings

1) The building percentage does not exceed 50%.

2) The heights do not exceed a ground floor and three typical

floors

3) Ensure that there is a dedicated garage for cars

4) Providing service rooms on the roofs by 25%.

5) Provide a space of not less than 8 meters between each

building and the other

6) Leave an area of 50 meters between the project and the

nearby project.

Conditions for building villas:

1) The building percentage of the villas does not exceed 40% of

the land area.
2) The heights of the floors are limited, as they are ground and
first floors.
3) Providing garages for cars and service rooms on the roofs.
Conditions for building services:

1) The land area allocated for services ranges from 8 to 12% of

the total area.
2) The structural percentage of service buildings is 30% of the
total area.
3) The building percentage for recreational activities is 10% of the
total area.
4) The building percentage of the social clubs is 20% of the total
area.
5) The height of the floors related to service activities is estimated
as a ground floor and a first floor.

What are the papers required to obtain a building permit

2022?

1) A drawing showing the location of the land and the roads

leading to and from it, by an engineer.
2) A copy of the national identity card of people who want to build
3) The property contract for the land on which the building will be
built.
4) A receipt indicating the payment of the land.

What are the conditions for obtaining a building permit?

1) The land on which the building is to be built must be within the

urban area.
2) A building permit must be obtained from the council.
3) Obtaining a ramp license and increasing the area.
4) Ensure that the site or plot of land is inspected by an
engineering committee.
Gardenia Compound Services:
The developers of the compound have been keen to provide all
the services that customers may need. In order to facilitate them
and create a kind of sufficiency. There is no need to go outside
the compound and experience hardship.

1. Inside the compound, there is a complete commercial mall

that provides all necessities.
2. There are also shops near each residential complex.
3. The project also provides natural gas for all units.
4. The presence of 24-hour medical centers to serve
customers.
5. Several schools have been built within the compound.
6. Also, nurseries were provided for children.
7. Providing places of worship. Two mosques have been built
inside the compound.
8. A church was also built.
9. For sports, a sports club has been built.
10. There are also gyms with the latest equipment and
devices.
11. Swimming pools for all ages. And also swimming pools for
women.
12. Providing an integrated social building to serve the guests.
13. There is also a 5-star hotel inside the compound.
14. There are free parking spaces throughout the compound.
 15. And, of course, all this, in addition to the 24-hour security
and maintenance service.

Investments costs and it’s calculation:

Project Space: it extends over an area of 662 acres.

= 2629202.3 Meter square.

price of one meter= 10.800

-Price of the land= 10800*2629202.3= 28,395,384,840

Then the total price of the land= price of the land + 10%
= 31,234,923,324

-Architectural design and planning = 31,234,923,324*2.5%

= 780,873,083.1

- Survey works and soil tests= 32,234,923,324* 1%

= 312,349,233.24

-Structural design= 32,234,923,324*2%

= 644,698,466.48

-Design of electrical works= 32,234,923,324*0.5%

= 161,174,616.62

- Health business design= 32,234,923,324*0.5%

= 161,174,616.62
-Elevator design= 32,234,923,324*0.5%
= 161,174,616.62

-General site work= 32,234,923,324*0.5%

= 161,174,616.62

-Preparation, measurements, excavation and quantities work

= 32,234,923,324* 1% = 312,349,233.24

-Bidding work= 32,234,923,324*0.5%

= 161,174,616.62

-The work of analyzing offers and technical decisions

= 32,234,923,324*0.5%
= 161,174,616.62

-Contracting works (from a technical point of view)

= 32,234,923,324*0.5%
= 161,174,616.62

-Project management work= 32,234,923,324*3%

= 161,174,616.62

-Supervising the implementation of these works

= 32,234,923,324*2%
= 644,698,466.48
Constructions cost

- 10% of the land value opposite to the expenses and

brokerage purchase = 32,234,923,324*10%
= 3,223,492,332.4

- 15% of the value of construction works opposite to

engineering and consulting business
- = 32,234,923,324*15% = 4,835,238,498.6

- 11% of the value of construction works in Opposite to

licenses business and site preparations and utilities
= 32,234,923,324*11% = 3,545,841,565.65

- 2% of the value of construction work in Opposite to

feasibility studies = 32,234,923,324*2%
= 644,698,466.48
References

● https://www.aldar2030.com/4280/%D8%A3%D8%B3%D8%B9%D8%A7
%D8%B1-%D9%88%D9%85%D8%B3%D8%A7%D8%AD%D8%A7%D8
%AA-%D9%83%D9%85%D8%A8%D9%88%D9%86%D8%AF-%D8%AC
%D8%A7%D8%B1%D8%AF%D9%8A%D9%86%D9%8A%D8%A7-%D8
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%D9%8A%D9%86%D8%A9-%D9%86%D8%B5%D8%B1/
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22
● https://invest-gate.me/news/founders-and-al-ahly-sabbour-launch-gar
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● https://dre-invest.com/en/property/gardenia-city-compound-nasr-city/
●