Diamond Tower2

Developer History

ERG Developments (Emaar Rizk Group) is a heavyweight in the Egyptian real estate market, established in 2012 by Dr. Mohamed Rezk. The company emerged from a strong legacy in shipping, imports, and exports (dating back to 2005) and has since become a major player in the New Administrative Capital.

• Investment Power: ERG has a total investment volume exceeding 22 billion EGP and a land bank of over 374,000 m².
• Portfolio Expansion: While they are famous for their towers in the New Capital, they also have significant projects in New Cairo and the Delta region (Mansoura and Damietta).
• Key Projects:
• Monorail Tower (New Capital).
• Diamond Tower 1 (New Capital).
• Ri8 Compound (New Capital, R8).
• Eelaf Residence and Linwood (New Cairo).

Project Details – Diamond Tower 2

Diamond Tower 2 was launched as the natural successor to the highly successful Diamond Tower 1. It is a mixed-use skyscraper designed with "Smart Building" technology to support 24/7 business and hospitality operations.

• Layout: The project consists of a Ground Floor + 15 Upper Floors, plus 3 basement levels for parking.
• Unit Distribution:
• Commercial (Retail): Ground to 3rd floor.
• Medical (Clinics): 4th to 6th floor.
• Administrative (Offices): 7th to 10th floor.
• Hotel Apartments: 11th to 14th floor.
• Service Area: The 15th floor is dedicated to tower services and amenities.
• Unit Sizes (2026):
• Offices & Clinics: Starting from 34 m².
• Retail Shops: Starting from 30 m².
• Hotel Units: Starting from 60 m².
• Finishing: Hotel, Medical, and Administrative units are delivered Fully Finished (Ultra Super Lux) with central air conditioning.

Project Location

Diamond Tower 2 occupies one of the most prestigious "Front-Row" plots in the Downtown area, specifically overlooking the Green River.

• Panoramic Views: Every unit features a 360° view of the New Capital’s most famous landmarks, including the Al-Masa Hotel, Masjid Masr, and the Iconic Tower.
• Proximity Highlights:
• Walking distance from the Monorail Station and the Gold Souq.
• 5 minutes from the Government District and Ministries Area.
• 30 minutes from the New Capital International Airport.
• Close to the International Universities District and the Arts & Culture City.

Facilities and Amenities

The tower is managed by KAD Commercial Property Management, ensuring international operational standards:

• Smart Tech: Units feature Smart App Control (lighting, curtains, and AC).
• Renewable Energy: The tower integrates Solar Energy systems as a sustainable power source.
• Business & Events: A dedicated hall for conferences and seminars equipped with the latest audio-visual tech.
• Entertainment: An on-site Cinema complex and a high-end Food Court with international dining brands.
• Wellness: A professional Gym & Spa and a rooftop service area for relaxation.
• Security: Advanced AI-powered CCTV, fire-protection systems, and high-speed panoramic elevators.

Quick Investment Facts (2026)

• Current Status: Under active construction; first deliveries are expected in late 2026 to 2027.
• Pricing (2026): Starting prices for units are approximately 3,426,000 EGP (administrative).
• Payment Plans:
• 10% Down Payment with installments over 10 years.
• Cash Discount: Up to 45% discount for immediate full payment.
• Maintenance: 10% maintenance deposit is required.