Business Today Egypt | October – November 2023, Special Edition

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“Sky Abu Dhabi Developments” Pavilion Shines Bright with Astounding Turnout
at Cityscape 2023
SKY AD. Developments, the leading real estate subsidiary of
the Emirati Diamond Group in Egypt recorded high sales during
the 12th edition of the CityScape exhibition that took place from
20 to 23 September. SKY AD. soared to new heights during the
four-day exhibition, boasting an impressive sales record of 80
units and an astounding total value of EGP 600 million.
At “Cityscape 2023” SKY AD. witnessed a large turnout of the
exhibition’s visitors, excited to learn about the available units
open for reservation at its projects: Capital Avenue, One Residence,
and Bluetree. The company provided competitive offers
for unit installment plans that match the current purchasing
power of citizens and guarantee Investment return for real estate
projects compared to different real-estate destinations.
Taking the Cityscape experience to a whole new level, SKY AD.
launched its latest project “One Residence,” the latest phase of its
Capital Avenue project located at the New Administrative Capital,
to capitalize on its vision and endeavors to present projects
that satisfy customers’ aspirations. The new phase includes 50
distinctive residential units with various sizes ranging from 70 to
130 square meters, complete with high-quality finishes designed
by Eklego Design, one of the leading design houses in Egypt.
One Residence offers unparalleled advantages compared to
other residential projects in the New Administrative Capital. It
boasts a prime geographical location at the heart of the New
Capital, close to major services, green spaces, and a variety of
unit sizes to cater to a wide range of customers, from students
studying at the New Capital’s universities to executives in major
banks and companies that have recently moved to the capital. The
Company plans to deliver these units with luxurious finishes to facilitate
immediate occupancy; in addition to providing remarkable
concierge services, with units scheduled for delivery in 2027.
This complements the success of Capital Avenue, one of the
largest commercial projects in the R8 area of the New Administrative
Capital, which won the prestigious African Property
Award for 2022. Capital Avenue spans an area exceeding 21,000
m2 in space, where it will embody the essence of premium living
in one of the quietest and most competitive locations in the New
Administrative Capital, overlooking the diplomatic area from the
east, and the Green River from the south near the city center.
The state-of-the-art design of the project provides mixed-use
buildings suitable for F&B, clinics, retail, and administrative offices
to meet the clients’ needs. In addition, the project has water
features, a central promenade, and an outdoor café area, to provide
an exceptional shopping and entertainment experience to the
New Capital residents and visitors. The first units are set to be
delivered in the third quarter of 2025.
In the 2023 CityScape version, SKY AD. was keen on introducing
a special offer on the Bluetree project, which was recently
awarded the prestigious African Property Awards, as the best
residential project for 2023 under the category of Residential
Development 20 Plus Units, SKY AD. Developments are offering
Cityscape visitors a remarkable payment program for those interested
in acquiring units in the project. Furthermore, Bluetree has
achieved remarkable success exceeding EGP2bn in sales within 6
months since its launching earlier this year, making it one of the
most successful projects in East Cairo in terms of sales.
Bluetree’s success is attributed to the trust customers place
in SKY AD. Developments’ commitment to delivering the best.
The project is located in a vast 50-acre area in the prime location
of Golden Square in New Cairo and offers a comfortable avantgarde
living experience where all its buildings are constructed on
a ground-floor and four floors, with various units occupying just
19% of the total area, ensuring a healthy environment and adhering
to environmental standards to conserve the climate and natural
resources. The project includes 1,300 diverse units, both residential
and commercial, and units are set to be delivered in 2027.
Bluetree provides a luxurious yet cozy living experience, varying
between luxury and duplex apartments varying between 115
to 300 square meters, with distinctive commercial and administrative
spaces that meet all customer needs. Moreover, the project
includes a clubhouse, central garden, kids’ area, and cycling
tracks for practicing various sports, entertainment, social, and
artistic activities besides a wide range of smart services.
This comes as solid proof of SKY AD.’s success in creating
an unparalleled portfolio of real estate projects in record times;
while selecting the best available locations with easy access to
nearby roads, axes, and essential services; and maintaining the
best project designs that meet customer needs and add values
to the Egyptian real estate market. This also reflects SKY AD.’s
a successful management vision in participating in major local
and foreign real estate exhibitions to reach the largest segment
of customers.
www.BusinessTodayEgypt.com November 2023
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