The Curve in Cairo

Name: Sales in The Curve started!
Start: 2021-11-08T07:28:08.600926+00:00
End: 2023-12-31T23:59:59+0000
Location: The Curve

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Project info

Object ID: 15588

Finished at	December 2023
Price, m²	From 980$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 76.00 m²
Floors	8
Apartments	540
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

74,480$

Net profit

8,283$

Payback period

7.0 years

Avg property value increase per year

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About the project

The New Administrative Capital (NAC) is a large-scale project in Egypt that has been under construction since 2015. The Curve is a boutique, residential project located in the heart of R8, in I6, and is overlooking the largest park in the area.

According to the plans, the city will become the New Administrative and Financial Capital of Egypt, in which it will accommodate the main government departments and ministries, as well as foreign embassies. Officially, a major reason for undertaking the project of the New Capital is to mitigate congestion from the main governorate of Cairo, which is one of the world’s most crowded cities.

The Curve is a boutique residential compound, which will consist of 540 units, along with a commercial strip. Its extraordinary designs display double-height ceilings, expansive terraces and first-of-its kind open-air tree lounges, to create a refreshing sense of openness and a true connection to nature.

Beyond its handcrafted apartments, other iconic amenities of the destination include a glasswalled Zen Room, a Listening Library and a Kid’s Creative Lounge.

Developer

OUR MISSION Cornerstone Development promises extraordinary and valuable experiences to its clients at best value and quality. We build plac…
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