Fifth Square Compound
The Fifth Square Compound provides you with calmness, comfort and great views, as well as the unique services that are not found elsewhere.
In fact, New Cairo City, especially the Fifth Settlement, is one of the most prestigious modern settlements. It is distinguished by its proximity to central Cairo and Nasr City, and far from crowding and pollution at the same time. It is the ideal choice for moving and starting a new life.
Details of the Fifth Square Compound
The Fifth Square Compound is one of the best and most luxurious architectural projects in New Cairo. It has large areas and various units and services. Al Marasem International for Urban Development Company has provided this enormous edifice to its customers to be a quantum leap in the world of closed residential communities in Egypt.
The Fifth Square project is characterized by its vast green spaces, and the variety of units. Actually, it has apartments, duplexes, penthouses and villas with modern and elegant designs on a large area with gardens and parks. Additionally, the project provides a range of the best services, such as swimming pools, schools, hospitals, entertainment avenues and others.
Developer of the Fifth Square Complex
The Company that owns and carries out the Fifth Square project is Al Marasem International for Urban Development Company, which is one of the famous Bin Laden Group companies. The Company was established in 1997 and has become one of the largest real estate development companies in Egypt. It quickly took a place in the Egyptian and Arab real estate market thanks to its reputation among customers and its commitment to the delivery dates, which is one of its most important goals.
Al Marasem Company has carried out a variety of distinguished projects for both the public and private sectors, including airports, residential settlements, hotels, transportation infrastructure, bridges, roads, and electromechanical projects, in addition to managing and operating many projects and airports. As a result, Al Marasem Company was classified as a Class A contractor in these fields by the Egyptian Federation for Construction and Building Contractors (EFCBC).
Previous Works of Al Marasem Company
The Company’s team work, which includes a group of the best experiences in the field of real estate development, has successfully carried out vital projects in record times with commitment to the highest quality standards. The most important projects carried out by the Company are as follows:
-Al-Rehab Club in New Cairo
-Heliopolis Club in El Shorouk
-Cairo Airport Hotel
-Fairmont Hotel
-Administration building of Amer Group
-Sales building of Emaar Properties
-Dream Land Mall
-Marassi, the second and third stage of Blanca
-Al-Marasim Hospital on the 90th Street in the Fifth Settlement
Location of the Fifth Square gated Community
Al Marasem Company has chosen a distinct location for its project in New Cairo. The project is located on 90th Street, next to the best compounds in the Fifth Settlement, i.e. the Golden Square area, which is the best area of New Cairo as well.
The Golden Square area in the Fifth Settlement includes the best services, such as universities, hospitals, schools, malls, roads, squares and main hubs in New Cairo. It is located next to the Future University in Egypt (FUE) and the American University, only 10 minutes away from Cairo Airport, and close to Sodic, Mivida, Emaar, El-Sharbatly villas and Palm Hills.
In fact, location of the Fifth Square Compound makes it one of the best choices for discerning customers who look for apartments for sale in the Fifth Settlement. As they want to move to a more comfortable and easy life, next to the best and finest services, and near the main roads, Cairo, Nasr City, Maadi and the New Administrative Capital. Therefore, it is a distinct and central location among the best residential settlements in Greater Cairo.
Designs of the Fifth Square Fifth Settlement Compound
The Fifth Square Compound is designed in a unique architectural style that combines elegance to simplicity. The project is located on 158 acres of area and divided into 5 phases in two separate areas; one for villas and the other for buildings. The latter contains apartments and hotel studios, with most of the units enjoying wonderful views over the green spaces.
Area of Units in the Fifth Square project
Al Marasem Company provides a variety of units with suitable areas for everyone wants to buy units within the Fifth Square project in New Cairo, as follows:
-Studio: Available with an area of 85 square meters
-Apartments with a garden: Areas start from 95 up to 135 square meters.
-Apartments: Areas start from 150 up to 230 square meters
Features of the Fifth Square Fifth Settlement Compound
The Fifth Square Compound is characterized by a wonderful location in the middle of the Fifth Settlement, which is the best area of New Cairo. It is located next to all basic services and a group of wonderful entertainment services, such as clubs, cafes, malls and parks.
The best feature of the project is also the protocol of partnership with Al Marasem, which is an investment system launched by the developer of the project, so that the buyer becomes a partner and not a customer. The protocol means that the client enters a partnership with Al Marasem Company by paying only 50% of the value of the housing unit in exchange for Al Marasim Company would own the other 50% of such unit.
The protocol is to be applied on the hotel units that are located in an apartment building and has all services for residents. This facilitates the process of renting the unit while obtaining the highest possible returns as well.
Services of the Fifth Square Fifth Settlement Complex
-Vast green spaces
-Swimming pools with distinct designs
-24-hour security service
-A private car park for the Compound’s residents
-Lush gardens with rare flowers and trees
-Artificial fountains and lakes
-A Club House
-Upscale cafes and restaurants
-A global business district
-A Social Club
-Kids area
-Gym that is equipped with the latest equipment
-Dedicated areas for barbecues and parties
-Distinct and quiet sitting areas amid green spaces for meditation
Prices in the Fifth Square Gated Community
In addition to providing a variety of housing units of different areas, with a competitive payment plans to facilitate things to customers, with a partnership program with the Company that allows for paying half of the unit’s price and acquiring equal profit as well, Al-Marasem Company has provided suitable prices for all units in the Fifth Square Compound. The price per square meter starts from EGP 21,000, knowing that prices may change according to the market and the project completion stages.
Payment systems in the Fifth Square project
The payment systems of units in the Fifth Square Compound are varied as follows:
-0% of the total cost is to be paid as a down payment and the installments would be paid over 4 years without interest
-5% of the total cost is to be paid as a down payment, another 5% payment after 3 months, and the rest would be paid in installments over 6 years without interest
-10% of the total cost is to be paid as a down payment, another 10% payment after 3 months, and the rest would be paid in installments over 8 years without interest
Housing in A Compound in New Cairo
For many years, New Cairo maintained its position among the new cities in Greater Cairo, due to its location which is not more than 35 kilometers from the center of the capital and near Madinaty and Rehab. Also, it became one of the most popular cities in the Egyptian real estate market, especially with the end of the first phase of the new administrative capital.
Housing Services in New Cairo
Area of New Cairo is about 70,000 acres. It is characterized by the abundance of services, such as clubs, hospitals, schools, universities, roads and internal and external transportation from it to all areas of Greater Cairo. The most important landmarks of New Cairo are the South and North 90th Street, the American University and the Fifth Settlement District. Indeed, the Fifth Settlement is the center of the city and includes many commercial areas, companies, banks, malls and commercial centers.
