Who is the developer of Zed Towers Sheikh Zayed?

The company that owns Zed Towers Sheikh Zayed is Ora Developers

Duplexes for sale in Sheikh Zayed Zed Towers

Reference: NS 64100

EGP 35,444,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 35,444,000

Duplexes for sale in Sheikh Zayed Zed Towers

Reference:

NS 64100

Price:

EGP 35,444,000 Installment

Price / Sqm:

EGP 80,009 Per Sqm

Finishing Status:

Super Lux

Area:

443 sqm

Year Built:

2023

Listed:

Thu 30 Mar 2023

About Zed Towers Sheikh Zayed

Duplexes for Sale in Zed Towers - Sheikh Zayed By Ora Developers - Delivery Year 2023

Zed Towers Sheikh Zayed Egypt: An Overview from an Accountant’s Perspective

Zed Towers is a luxurious residential and commercial property located in the heart of Sheikh Zayed City, Egypt. The property consists of two high-rise towers, Zed East and Zed West, and covers a land area of approximately 165,000 square meters. As an accountant, I have analyzed the project and its financial aspects, and in this article, I will provide an overview of Zed Towers Sheikh Zayed Egypt from an accountant’s perspective.

Investment and Funding

The total investment value of the Zed Towers project is projected to be approximately 14 billion Egyptian pounds (around $890 million USD). The project is being developed by Ora Developers, Saif Group, and Kohli Brothers, with the backing of the Housing and Development Bank in Egypt. The development is expected to be financed through a combination of equity and debt financing, with pre-sales proceeds also playing a significant role in generating funds for the project.

Revenue Streams

The property will be home to a range of residential and commercial units, which will generate revenue through multiple streams. The residential units include apartments, duplexes, and penthouses, which will be sold at premium prices to the affluent population of Egypt and the wider Middle East. The commercial units will include retail shops, restaurants, and offices, which will be leased to businesses operating in the surrounding area.

Costs and Expenses

As with any large-scale development, Zed Towers will incur a range of costs and expenses throughout its lifecycle. These include land acquisition costs, construction costs, marketing expenses, and ongoing operational costs such as utilities, maintenance, and security.

Risk Assessment

One of the major risks associated with Zed Towers is the potential for market fluctuations and economic uncertainty. If the Middle Eastern property market were to experience a downturn, it could impact both pre-sales and rental prices, ultimately reducing the project’s return on investment. However, I believe that this risk is low, as the demand for high-end residential and commercial properties in Egypt remains relatively stable.

Conclusion

From an accountant’s perspective, Zed Towers Sheikh Zayed Egypt is a promising investment opportunity. The project is being developed by reputable companies, and the demand for high-end properties in Egypt remains strong. While there are inherent risks associated with any large-scale development, the potential rewards far outweigh these risks, making Zed Towers a worthwhile consideration for any investor looking to enter the Middle Eastern property market.

MLS Realty
+201200070979