Owagik Tower New Capital | Prices & Payment Plans 2026

Owagik Tower New Capital is a mixed-use commercial, administrative, medical and hotel development in the Downtown district of Egypt’s New Administrative Capital. Developed by Owagik Developments, the project covers 8,035 sqm and includes a 5,300 sqm outdoor plaza, separate activity zones and payment plans starting with a 10% down payment and extending up to 10 years.

Owagik Tower New Capital at a Glance

Project	Owagik Tower New Capital
Developer	Owagik Developments
Location	Plot MU5-36, Downtown, New Administrative Capital
Project type	Mixed-use commercial, administrative, medical and hotel development
Land area	8,035 sqm
Outdoor plaza	5,300 sqm
Building height	Approximately 62 metres
Building configuration	Ground floor, 14 repeated floors and 4 basement levels
Unit types	Retail shops, offices, medical clinics and hotel-serviced units
Unit spaces	Commercial from approximately 36 sqm, offices from 49 sqm and clinics from 50 sqm
Starting price	Approximately EGP 4,042,000
Down payment	Starting from 10%
Installment period	Up to 10 years

Where Is Owagik Tower Located?

Owagik Tower is located on plot MU5-36 in the Downtown district of the New Administrative Capital. Downtown is planned as a major destination for retail, offices, medical services, hospitality and entertainment.

The project is close to several important New Capital landmarks, including:

Masjid Misr.
People’s Square.
Central Park.
The Gold Market.
Al Masa Hotel.
The Government District.
The Financial and Business District.
The Green River parks.
The planned East Nile Monorail route.

Owagik Tower overlooks three main streets, supporting visibility and access for retail businesses, office employees, clinic visitors and hotel guests. The project is also connected to the wider New Capital road network and the operational Light Rail Transit system serving the city.

Why Is the Downtown Location Important?

Downtown is one of the primary investment districts in the New Capital. It combines offices, shops, clinics, restaurants, entertainment facilities and hospitality projects, creating different sources of daily visitor and employee movement.

The value of an individual unit depends on more than the district name. Retail frontage, floor, visibility, parking, permitted activity, surrounding occupancy and building operation can materially affect rental demand and resale value.

Owagik Tower’s position near Masjid Misr, People’s Square, Central Park and major Downtown destinations may support future activity, while its three-street frontage can help improve accessibility and commercial exposure.

Owagik Tower Design and Master Plan

The project is built on approximately 8,035 sqm and reaches a height of around 62 metres. It includes a ground floor, 14 repeated upper floors and four basement levels serving parking and building operations.

A 5,300 sqm outdoor plaza surrounds the project, creating open space in front of the commercial façades and supporting pedestrian movement, restaurants, cafés and visitor circulation.

The design provides separate façades, entrances and vertical circulation for the project’s different activities. This separation helps protect office and medical privacy while keeping commercial units accessible to visitors.

DCI Plus participated in the project’s engineering and design work, while smart building systems are incorporated into access control, elevators, security, energy management and facility operation.

How Are the Owagik Tower Floors Divided?

The building is organised according to activity and operational requirements:

Ground and first floors: allocated to retail and commercial activities, with 82 shops and commercial units.
Administrative component: includes offices designed for companies, professional firms and business owners.
Medical component: includes 85 clinics and medical units for different healthcare specialities.
Hotel component: includes serviced units supplied with finishing, furniture and air-conditioning specifications.
Basement levels: allocated to parking, services and essential building systems.

What Unit Types Are Available?

Retail Shops

Retail units are concentrated on the ground and first floors, giving them direct access to visitor traffic, the outdoor plaza and the surrounding streets. These units may accommodate shops, restaurants, cafés, pharmacies, bank services and other permitted commercial activities.

When selecting a retail unit, buyers should compare frontage width, ceiling height, visibility, pedestrian flow, outdoor space, loading access and the permitted commercial activity written in the contract.

Administrative Offices

Administrative units are designed for companies, professional offices, consultants and entrepreneurs seeking a business address in Downtown New Capital. Office spaces start from approximately 49–50 sqm, with larger options available according to floor and layout.

The latest administrative component provides approximately 12,000 sqm of saleable office space. Buyers should confirm whether the selected office includes finishing, air conditioning and operational services within its total price.

Medical Clinics

Owagik Tower includes 85 medical units, with spaces starting from approximately 50 sqm. The medical component is designed to serve doctors, clinics and healthcare businesses while maintaining separate access from retail and office traffic.

A medical purchase should be evaluated according to licensing requirements, patient access, elevators, waiting areas, parking, clinic finishing and the healthcare management plan.

Hotel-Serviced Units

The hotel component includes furnished and air-conditioned units designed for managed accommodation. Before purchasing a hotel unit, the buyer should review the operating agreement, management fees, furniture package, revenue model and restrictions on personal use or resale.

Owagik Tower Unit Spaces

Unit sizes vary according to activity, floor, frontage and internal layout. Available space indicators include:

Retail units starting from approximately 36 sqm.
Administrative offices starting from approximately 49 sqm.
New administrative offices starting from approximately 50 sqm.
Medical units starting from approximately 50 sqm.
Hotel-serviced units starting from approximately 41 sqm.

The gross area should not be the only factor used for comparison. Buyers should check the net usable area, loading percentage, column positions, façade width and the unit’s distance from entrances, elevators and service areas.

Services and Facilities

Owagik Tower includes building, security, commercial and leisure facilities intended to support its different activities, including:

Smart electronic entrance gates.
Separate entrances for different unit activities.
High-speed electric elevators.
Underground parking.
24-hour security personnel.
Surveillance camera systems.
Emergency electricity generators.
Solar energy solutions.
Fire detection and firefighting systems.
Gym and fitness facilities.
Indoor swimming pool.
Restaurants, cafés and a food court.
Pharmacy and medical services.
ATMs and banking services.
Cleaning, maintenance and facility-management services.

Management and Operation

Professional operation is essential for a mixed-use project because the long-term performance of shops, offices and clinics depends on building management, maintenance, visitor organisation, marketing and control of permitted activities.

Owagik Developments has cooperated with KAD for commercial management and with Tashawor Healthcare Management for the medical component. Specialist management can support the organisation of retail tenants and healthcare activities once the project begins operating.

Before buying, investors should review the signed management agreements, expected opening date, annual operating charges and the services included in those charges.

Who Is the Developer of Owagik Tower?

Owagik Developments is the developer of Owagik Tower. The company is part of Global Real Estate Group, which was established in 2001 and has experience in contracting, construction, roads and infrastructure.

The group has completed work in Egypt and other regional markets. Its contracting background provides relevant technical experience, while buyers should still review the construction progress, project licences, contractual delivery terms and specifications of the selected unit.

Owagik Tower Prices

Available units in Owagik Tower start from approximately EGP 4,042,000. The final price varies according to unit type, area, floor, façade, view, finishing and selected payment plan.

Selected administrative offices have been offered from approximately EGP 66,000 per square metre after discounts linked to specific installment schedules. Retail and medical prices may be higher per square metre because of frontage, floor position, commercial exposure and specialised use.

Prices and discounts can change according to availability. Buyers should obtain a dated quotation showing the exact unit code, gross and net areas, price before and after discount, installment schedule and additional charges.

Payment and Installment Plans

Payment plans start with a 10% down payment, while installment periods can extend up to 10 years. Alternative schedules may offer a higher down payment in exchange for a shorter installment period or a larger discount.

Before selecting a plan, buyers should review:

The reservation amount.
The contractual down payment.
Quarterly or annual installments.
Any delivery payment.
Maintenance deposit.
Finishing and air-conditioning costs.
Parking and management charges.
Assignment and resale conditions.

The longest installment plan does not automatically represent the lowest total cost. The full contract price and all additional fees should be compared across the available schedules.

Is Owagik Tower Suitable for Investment?

Owagik Tower may suit investors seeking exposure to retail, office or medical property in Downtown New Capital. Its location, mixed-use structure, large plaza and separate activity zones provide several potential sources of demand.

Each unit type has a different investment profile:

Retail: performance depends on frontage, activity, visitor traffic and surrounding occupancy.
Offices: demand depends on company relocation, finishing, parking, internet and building management.
Clinics: demand depends on medical operation, licensing, accessibility and complementary specialities.
Hotel units: returns depend on the operator, occupancy, management contract and operating costs.

Rental income and capital appreciation are not guaranteed. The investment decision should consider the purchase price, construction progress, handover, operation, annual costs and resale restrictions.

Compare Owagik Tower with Other New Capital Projects

Buyers seeking smaller commercial, administrative or medical units can compare Owagik Tower with Track 15 Mall New Capital, another mixed-use Downtown development with shops, offices and clinics.

Investors interested in a larger high-rise development near the Central Business District can also review Taj Tower New Capital. For a broader vertical-city model with office, retail and hotel uses, compare the project with Nile Business City.

The comparison should focus on permitted use, net area, price, finishing, delivery, management and expected operating costs rather than the starting price alone.

What Should You Check Before Booking?

The exact unit code, floor and façade.
The permitted commercial, administrative or medical activity.
The gross area, net area and loading percentage.
The finishing and air-conditioning specifications.
The final price after discounts.
The complete installment schedule.
The contractual delivery date.
The management and operating agreements.
Maintenance and annual operating charges.
Parking allocation and visitor access.
Assignment and resale conditions.

Request an updated Owagik Tower offer to compare available shops, offices and clinics according to your budget and investment objective.

Frequently Asked Questions

Where is Owagik Tower located?

Owagik Tower is located on plot MU5-36 in Downtown New Administrative Capital, near Masjid Misr, People’s Square, Central Park, the Gold Market and Al Masa Hotel.

Who is the developer of Owagik Tower?

Owagik Tower is developed by Owagik Developments, part of Global Real Estate Group.

What unit types are available?

The project includes retail shops, administrative offices, medical clinics and hotel-serviced units.

What is the total project area?

Owagik Tower covers approximately 8,035 sqm and includes an outdoor plaza of approximately 5,300 sqm.

What are the starting unit spaces?

Retail units start from approximately 36 sqm, offices from 49 sqm, medical units from 50 sqm and hotel-serviced units from 41 sqm.

What are the starting prices?

Available units start from approximately EGP 4,042,000. Prices vary by activity, space, floor, finishing and payment plan.

What payment plans are available?

Payment plans start with a 10% down payment, with installments extending up to 10 years.

How many medical units are included?

The medical component includes 85 clinics and medical units designed for different healthcare specialities.

Is Owagik Tower suitable for investment?

It may suit investors seeking retail, office, medical or hotel property in Downtown, provided the unit price, operation, delivery, annual costs and expected demand are carefully evaluated.