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Developer Projects

Emaar Rizk Group

ERG Developments
ERG Developments

Emaar Rizk Group, also known as ERG Developments للتطوير العقاري ERG شركة is formed through the merger of 4 diverse companies owned by Mr. Mohamed Rizk: ERD Developments, Rizk Shipping, and Emaar Timber Import & Export. The aim of ERG Developments is to make a robust entry into mega projects in the New Capital.

Emaar Rizk Group, perceived by some as a newcomer in real estate, has roots dating back to 2005 with ERD, a prominent Egyptian real estate company renowned for significant projects in Damietta, Mansoura, and the New Capital. Moreover, ERG Developments holds a significant partnership with Housing and Development Bank, making it a trusted source for those desiring upscale living.

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ERG Projects

Eelaf Compound Residence New Cairo

Compound Eelaf Residence New Cairo
Compound Eelaf Residence New Cairo

ERG Developments has strategically positioned Eelaf Compound in New Cairo, directly alongside Suez Road. This residential compound features apartments ranging from 85 to 200 m2. With starting prices at 4,978,000 EGP, ERG Developments offers a 10% down payment option, spread over 8 years, catering to modern living preferences in a prime location.

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Ri8 Compound New Capital

Artificial Lakes in Compound Ri8
Artificial Lakes in Compound Ri8

Ri8 Compound New Capital is one of ERG Developments’ signature projects, in collaboration with Housing and Development Bank. Located near key landmarks along the second row of southern Ben Zayed axis, the compound dedicates 18% of its space to landscaping and greenery, with the rest for structural buildings.

Ri8 Compound offers apartments for sale and duplexes with spaces starting from 135 m2. ERG Developments offers a reasonable price per meter for units, and prices of units start from 5,334,444 EGP. Additionally, interested buyers can book units with a 10% down payment and installments over 10 years. Units will be delivered by 2023.

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Monorail Tower New Capital

Mall Monorail New Capital Units
Mall Monorail New Capital Units

Monorail Tower, a prime ERG Developments project in the New Capital, is ideally located in Touristic Towers area, near monorail station. This accessibility, along with its stunning Green River view, makes Emaar Rizk Group project attractive for those looking to buy units for sale. The tower contains 26 floors and extends over 12,000 m2, mainly green spaces.

ERG Developments project houses varied units, including commercial, administrative, medical, and hotel units with spaces starting from 30 m2. Similar to other ERG projects, prices are reasonable starting from 4,315,556 EGP. Units are booked with a 10% down payment and installments over 12 years.

Register your details to enjoy a 3D virtual tour inside the project units

Diamond Tower New Capital

Design of Diamond Mall New Capital
Design of Diamond Mall New Capital

Diamond Tower New Capital is another Emaar Rizk Group (ERG Developments) project. Positioned strategically in Downtown area within the Shopping district, it offers various views overlooking main streets and Central Park, only 5 minutes away from the pivotal Ben Zayed axis.

The architectural elegance of Diamond Tower makes it an epitome of sophistication, comprising a ground floor plus 15 upper floors, spanning a total of 5,000 m2. Units in Diamond Tower start from 25 m2, and the price per meter start from 19,000 EGP. The total price starts from 900,000 EGP, with extended installment options of up to 12 years.

Diamond Tower 2 New Capital

Diamond Tower 2 New Capital
Diamond Tower 2 New Capital

Among ERG marvelous projects is Diamond Tower 2 New Capital which is situated ideally between the eastern and western entrances of Downtown area. ERG Developments tower spans an area of 5,000 m2 and features commercial, administrative, medical, and hotel units for sale.

Diamond Tower 2 comprises a ground floor and 15 additional floors, containing units with spaces starting from 23 m2, offered with prices per meter ranging between 18,000 and 34,000 EGP. The total prices start from 1,960,000 EGP, offering comfortable installment plans extending up to 12 years.

Other ERG Projects:

  • City Live Compound: A compound for villas located in Ras El Bar, executed in collaboration with Housing and Development Bank.
  • City Live 2: This project focuses on residential apartments in Damietta.
  • Projects in Damietta, Mansoura as well as other residential and commercial projects.

Partners of ERG Developments

One of the distinguishing features of ERG Developments is its partnership with Housing and Development Bank, bolstering trust and confidence among the majority of investors. The engineering consultant for ERG projects is PRIME STUDIO, a company that has been involved in several significant projects in the New Capital, most notably its contribution to the construction of the Presidential Palace.

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ERG projects include Ri8 Compound New Capital, Monorail Tower New Capital and Diamond Tower New Capital
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