Compound Park Lane New Capital
Compound Park Lane New Capital كمبوند بارك لين العاصمة الإدارية الجديدة has been a vigorous beginning for El Attal Holding, providing a luxurious lifestyle. Park Lane Compound is famous for its breathtaking classic Dutch designs with a modern touch. Park Lane New Capital project has a prestigious location in District R7, and units are offered at highly competitive prices.
Location of Compound Park Lane
Park Lane Compound New Capital possesses an ideal location in R7, specifically in Block D2, and thus it lies in the third largest main axis in the New Capital. The strategic spot of Park Lane El Attal has allowed residents to be near various vital areas, axes, and well-known landmarks, such as the Swedish University, the BUE axis, and the Ring Road.
Popular Areas Near Park Lane Compound New Capital
- Park Lane Compound is close to Capital Dubai Mall.
- The Green River and the Diplomatic District are a few minutes away from Park Lane El Attal.
- Park Lane New Capital project is located south of the Mohammed bin Zayed axis.
- Compound IL Bosco and Compound Bleu Vert are situated near Compound Park Lane New Capital.
- You can reach Al Masa Hotel from Park Lane El Attal within a few minutes.
- Compound Park Lane is a few minutes away from the Presidential Palace and the Governmental District.
Design of Park Lane New Capital
Compound Park Lane New Capital is one of the major projects in the New Capital. It is distinguished by its unique design, reflecting contemporary classic Dutch heritage, from which the name Park Lane Compound is derived. The beauty of the design of Park Lane El Attal lies in its division into three main areas, which are:
- General area: It contains commercial units, two main gates overlooking the main street, and 4 secondary gates inside Park Lane Compound New Capital.
- General area of Pavilion Mall: It consists of entertainment and commercial units together, which include some stores under the management of Compound Park Lane, providing all needs of residents.
- Private area: The area includes all types of residential units, as well as other services offered to residents of Park Lane El Attal.
Therefore, Park Lane Compound New Capital is considered a small residential community, providing integrated services and facilities for residents, so that they can start a new luxurious life within the New Capital. Besides all the services offered, Compound Park Lane possesses several types of residential units, including aparthotel and duplexes.
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Area of Park Lane New Capital
An area of 26 acres is allocated to Compound Park Lane New Capital, with a width of 450 m2. Services, gardens, and landscapes cover 80% of the total area of Park Lane El Attal, and only 20% is allocated to construction and residential units, which vary between:
- 1 Bedroom Apartments, with areas starting from 80 up to 105 m2.
- 2 Bedroom Apartments, with spaces ranging between 110 and 135 m2.
- 3 Bedroom Apartments, with spaces starting from 142 up to 220 m2.
- Duplex apartments, with spaces ranging from 200 to 320 m2.
Prices of Compound Park Lane New Capital 2023
Park Lane New Capital prices are considered reasonable in comparison to other projects in the New Capital. Al-Attal Holding’s goal is to attract the largest number of buyers or investors to choose a suitable unit for sale in Compound Park Lane and feel comfortable about the payment process. Therefore, the following prices of unis are provided in Park Lane El Attal:
- Prices of Studios and 1 Bedroom Apartments start from 930,000 up to 1,340,000 EGP.
- The price of 2 Bedroom Apartments ranges between 1,337,000 and 1,740,000 EGP in Compound Park Lane.
- 3 Bedroom Apartments’ prices start from 1,700,000 up to 2,800,000 EGP.
- Prices of Duplex Apartments start from 2,980,000 up to 4,416,000 EGP in Park Lane New Capital project.
- Note: 8% of the unit value is paid for Maintenance, in addition to paying 90,000 EGP for the Parking Garage.
Finishing system of Compound Park Lane apartments
Residential units of Park Lane Compound are delivered semi-finished, with external facades and doors of the apartment, to give owners the chance to do the finishing, depending on their taste. Prices per meter of the semi-finished units for sale in Compound Park Lane New Capital range between 10,500 and 14,000 EGP.
In case a buyer wishes to receive a fully-finished apartment in Park Lane El Attal project, 2,500 EGP will be added to the value of the price per meter. Apartments of Compound Park Lane will be delivered within 3 and a half years of contracting.
Installment Systems in Park Lane Compound
El Attal Holding has made sure that Park Lane installment systems facilitate the purchase of the units for investors and individuals, and enable them to own the units for sale in Park Lane Compound without financial pressure. Therefore, the following options for installments are provided in Compound Park Lane New Capital:
- 7% Down Payment and the rest is paid over 6 years in equal installments.
- 10% Down Payment is required and the remaining amount is paid in equal installments over 7 years.
- 15% Down Payment and the rest is paid in equal installments over 8 years.
Pavilion Mall New Capital
In order to provide residents of Park Lane Compound with all services, whether recreational or commercial, El Attal Holding has established Mall Pavilion New Capital. A group of medical, commercial, and administrative units with a loading rate of 18-22% are included in Pavilion Mall.
Spaces and Prices of Units in Mall Pavilion
- Spaces of Commercial Units start from 30 m2 and the price per meter starts from 38,968 EGP, after a 10% discount.
- Areas of Medical Units start from 50 m2 and prices per meter start from 34,823 EGP, after a 10% discount.
- Administrative Units have an area of 50 m2 and the price per meter starts from 28,403 EGP, after applying a 10% discount.
- Reserving in Pavilion Mall New Capital requires a 10% down payment and the rest is paid in installments over 7 years.
- 8% maintenance expenses are required to be paid.
Video of Compound Park Lane New Capital
Services and Facilities Available in Park Lane Project
El Attal Holding has been keen to make life easier for residents of Compound Park Lane New Capital by fulfilling all their needs. Therefore, Park Lane Compound is considered a fully-serviced residential community since it presents various necessary and recreational services and amenities, including:
- An integrated security system, which includes security guards and surveillance cameras working throughout the day, is provided in Compound Park Lane New Capital.
- Some residential buildings in Park Lane El Attal project include a small cinema hall.
- Park Lane Compound presents a group of artificial lakes for wonderful and relaxing views.
- Several swimming pools are available in Park Lane New Capital project to enjoy privacy.
- Compound Park Lane offers a cycling path as well as a jogging track.
- A well-equipped sports club is also provided in Park Lane Compound New Capital.
- Park Lane El Attal offers a central satellite dish for all residential units.
- Compound Park Lane possesses Pavilion Mall, which includes a group of commercial, administrative, and medical units.
- A kids’ area is also available in Park Lane New Capital project, where children can enjoy their time.
- Park Lane Compound offers residents a group of pharmacies.
- Various supermarkets are included in Park Lane El Attal to serve residents and visitors.
- A clubhouse and amusement club, which includes reading and studying rooms, are provided in Compound Park Lane.
- Park Lane New Capital possesses a health club that has a spa and gym.
- Wide green spaces are presented for residents of Park Lane Compound New Capital to relax and enjoy the fresh air.
- Elattal project also includes a mosque and a social center.
- A private car parking area is provided for residents in Park Lane New Capital project.
- Café and central restaurant are available in some buildings of Compound Park Lane New Capital.
Features of Park Lane Compound
Compound Park Lane is considered a special project, in the New Capital, which is distinguished by its innovative architectural Dutch design. Park Lane El Attal offers various types of residential units with unbeatable prices. In addition, Park Lane down payment percentage is convenient as well as the installment periods provided. Commercial, medical and administrative units are also offered for investors.
Disadvantages of Compound Park Lane New Capital
The lack of educational institutions serving residents of Park Lane Compound may be considered a defect, but the strategic location of Park Lane project has solved such an issue since it lies near major universities, schools, and all the important services needed.
Brochure of Park Lane New Capital
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About El Attal Holding
El Attal Holding is considered a leading company in the field of real estate development. It was founded in 1948 when it started working in the iron and steel fields. Then, it has included expertise and competencies in the field of real estate development and construction to become a professional and reliable company. It also has several branches outside Egypt.
Projects Implemented by El Attal Holding:
- Mall 77 Business Tower New Capital
- Most of the embassies in Egypt, such as the Embassy of Malaysia, Qatar, Angola, and Bahrain.
- Establishing a group of towers in Nasr City.
- Implementing residential cities in Heliopolis.
- Establishing several residential towers in the area of Garden City.