Frontage decides what a commercial unit in New Cairo is worth, and It Business Hub New Cairo holds a direct face onto North Teseen Street, the highest traffic corridor in the district. Upwyde Developments built the scheme as a mixed commercial, administrative and medical building on roughly 5,000 m², where a shop is valued by the number of vehicles and pedestrians passing it each day rather than by the number of residents behind it. Proximity to the Ring Road and Suez Road extends that exposure beyond New Cairo, since customers and staff arriving from outside the district reach the building without crossing the internal street network.

Unit prices open at EGP 9,663,000, updated June 2026, with a reservation down payment from 10% and instalments reaching six years. The building holds retail shops, clinics and administrative offices, each activity given its own floor, and handover falls within three years of contract with a maintenance payment set at 10%. The sections below break the pricing down by activity and floor, because the gap between a ground floor shop and an office two levels above is the widest variable in the whole price list.

Why the North Teseen frontage sets the price here

North Teseen Street cuts through the centre of the Fifth Settlement and carries most of New Cairo’s daily movement, which turns a unit facing it into a permanent point of visibility rather than a space a customer has to seek out. That distinction drives two numbers that matter to an owner: customer turnover and occupancy rate. A shop on a main axis draws from everyone passing, while an identical shop inside a closed residential block depends only on the households around it.

The same logic applies differently to the upper floors. A clinic does not rely on impulse footfall, but visibility from the street reduces its marketing cost and makes it easier for a patient to find, and an administrative tenant uses a recognisable address on the main axis as a credential when signing clients. Road frontage therefore prices into all three activities in the building, not just the retail level, which is why the ground floor metre rate sits so far above the office rate rather than a small step above it.

Access from the Ring Road and Suez Road adds the second dimension. Those two roads carry traffic from outside New Cairo entirely, so the catchment for a tenant here is not limited to the district’s own population. For a specialist clinic or a company serving clients across greater Cairo, that reach is often the deciding factor between this address and a cheaper unit deeper inside the settlement.

Where is It Business Hub New Cairo?

It Business Hub New Cairo stands directly on North Teseen Street in the Fifth Settlement, ten minutes from Madinaty and Al Rehab City, a short distance from the American University in Cairo, close to the Ring Road and Suez Road, and roughly half an hour from the New Administrative Capital.

Madinaty and Al Rehab City: 10 minutes, the two largest residential communities in east Cairo and the deepest customer pool near the site.
The American University in Cairo: a short drive, adding a student and academic segment to the visitor mix.
The New Administrative Capital: about 30 minutes via the axes leading off North Teseen Street.
Ring Road and Suez Road: immediate access for customers and staff arriving from outside New Cairo.
Eclipse Fifth Settlement and V Terrace Mall: established commercial and administrative projects on the same axis.

Madinaty and Al Rehab deserve the emphasis they get here because both are fully occupied, mature communities rather than developments still filling up, and their combined population gives the mall a customer base that exists today. Ten minutes is a distance people cover for a clinic appointment, a specific retailer or a business meeting, which makes the catchment genuinely usable rather than nominal. The academic traffic from the American University in Cairo adds daytime volume during term, spread across hours when residential traffic is thinnest.

The business corridor forming along the axis

Eclipse Fifth Settlement and V Terrace Mall occupy the same stretch of North Teseen Street, and their presence is a market signal rather than a geographic footnote. When several commercial and administrative buildings cluster along one axis, they form a recognised business district that brands and companies search for by name, and tenants begin choosing the corridor first and the specific building second.

That clustering effect works in an owner’s favour over time. Rental values inside an established commercial corridor tend to rise as the density of services around it grows, because each new operator brings visitors who then use the neighbouring buildings. A new building entering a corridor that already functions inherits that traffic instead of spending its first years creating it, which shortens the period between handover and stable occupancy.

The counterpart risk is competition for the same tenants, and it is worth checking which categories the neighbouring buildings already serve before committing to a unit type. A buyer targeting a coffee brand or a pharmacy should confirm what already trades within a few hundred metres, since the corridor’s maturity cuts both ways.

Upwyde Developments: six founders and forty years of accumulated experience

Upwyde Developments was established by six senior figures from the Egyptian real estate market whose combined experience in the sector runs to roughly 40 years. The company holds a land portfolio that supports a pipeline of projects inside New Cairo and beyond it, which is a meaningful distinction against developers entering the market with a single plot and no reserves behind it.

Its delivered work spans both commercial and residential categories. Park Vue Mall in New Cairo, Granoy Mall and Equal Mall in the Fifth Settlement cover the commercial side, a residential compound inside the Fifth Settlement covers the housing side, and the company also developed the tourist promenade in Sheikh Zayed City. Managing that spread of activity types is precisely the competence a mixed use building demands, since retail, medical and office tenants each operate on different schedules and service requirements.

Raef Fahmy and what the glass façade actually does

Upwyde Developments assigned the design to engineering consultant Raef Fahmy, whose executed record across the Fifth Settlement and the New Administrative Capital includes The Waterway, Arkan Plaza and East Line in the Fifth Settlement. A consultant with commercial and administrative projects behind him affects the two things that decide whether a mall works: how the floor plates divide into leasable units, and how visitors circulate once inside.

Poor space distribution is the reason well located malls in New Cairo sometimes sit half empty. Units that are awkwardly proportioned, corridors that dead end, and floor plates that force visitors past the same shopfronts twice all suppress rents regardless of the address. The consultant’s track record is the closest available proxy for whether that has been avoided here.

The building carries a contemporary treatment wrapped entirely in glass façades, and the effect is operational as much as visual. Daylight reaching the internal units improves working conditions inside offices and clinics and reduces reliance on artificial lighting through the day, which lowers running costs for a tenant. On the street side, a fully glazed elevation gives the retail units the visual presence that display driven businesses depend on, and that presence is part of what a shop owner is paying for at this address.

Five thousand square metres, three activities, separate floors

The project extends across a total area of approximately 5,000 m², distributed between commercial, administrative and medical units in a graduated range of sizes. That scale places it among the smaller buildings on North Teseen Street, which limits the unit count and reduces the number of owners competing for the same tenant category inside one building.

Mixing three activities under one roof raises an obvious question about crowding, and the developer answered it structurally by separating the floors completely and assigning each activity its own level. Multiple lifts and escalators distribute movement so that a patient heading to a clinic and a shopper heading to a retail unit do not share the same congested route. That separation is what allows the three activities to reinforce each other rather than interfere: shops draw visitors, clinics generate regular repeat visits, and offices supply steady weekday occupancy.

The commercial logic of that mix is worth stating plainly. A purely retail building empties on weekday mornings, and a purely administrative building empties at weekends, while a building holding all three trades across the full week. For an owner, that spread reduces the chance of sitting with an unlet unit through a slow season in any single sector.

Unit sizes and the price per metre by floor

Unit type	Floor	Size starts from	Price per m² starts from (EGP)	Total price starts from (EGP)
Retail shop	Ground floor	63 m² plus 19 m² outdoor	143,000	10,500,000
Retail shop	First floor	52 m²	115,000	6,000,000
Administrative office	Upper floors	39 m²	58,500	8,000,000
Clinic	Upper floors	46 m²	60,000	7,000,000

Ground floor shops start at 63 m² with an additional 19 m² of outdoor area, and that outdoor allocation is the detail that changes what the unit can hold. A café or restaurant needs external seating to trade at capacity in the evening, and a retail brand uses the outdoor strip for display that pulls passing traffic inside. Without it, the same 63 m² supports a materially smaller business.

First floor shops begin at 52 m² and carry a metre price roughly 20% below the ground floor, which is the discount attached to losing direct street frontage. Administrative offices open at 39 m², a size aimed at startups and small professional practices that need a registered, presentable address more than floor area. Clinics start at 46 m², enough for a specialist practice with an examination room and a waiting area, and the seven metre difference between an office and a clinic reflects exactly that additional functional requirement.

Reading the metre rates against each other explains the building’s pricing structure. Ground floor retail at EGP 143,000 per metre costs nearly two and a half times the office rate of EGP 58,500, and the difference is paid entirely for street exposure rather than for space, finish or view. Clinics at EGP 60,000 sit marginally above offices because medical demand in the surrounding communities is steadier and less sensitive to economic cycles than general office leasing.

Total prices and what each entry point buys

Unit prices across the project start from EGP 9,663,000, a figure updated in June 2026 and subject to change as sales phases progress. Broken down by activity, ground floor retail opens near EGP 10,500,000, first floor retail near EGP 6,000,000, administrative offices near EGP 8,000,000, and clinics near EGP 7,000,000.

Those four entry points describe four different investments rather than four sizes of the same one. The lowest total ticket belongs to a first floor shop, which offers retail use at the price of an office, though it trades without direct street frontage and relies on the building drawing visitors upstairs. The highest belongs to a ground floor unit with outdoor area, which commands the strongest rent in the building and carries the clearest resale story.

Anyone comparing this price list against other North Teseen Street projects should compare metre rates by floor rather than total tickets, since unit sizes differ between buildings and a low headline total often reflects a smaller unit rather than better value. Verify the final figure in the contract, because advertised ranges move between marketing outlets and between release phases.

The three year construction window also shapes the value of buying now. Contracting during construction fixes the current price ahead of the repricing that normally follows completion on North Teseen Street, and that gap between contract value and delivered value is what most investors on this axis are buying. A buyer who intends to resell before handover should confirm the transfer terms in the contract, because the ability to assign a unit before delivery, and any fee attached to doing so, varies between developers and is rarely mentioned in a sales meeting.

Three payment plans and the milestone instalment

Upwyde Developments structured payment around three options that share one unusual feature: each includes a 5% payment falling due two and a half years after contract, roughly six months before handover. That milestone sits between the down payment and the regular instalment schedule, so a buyer needs to plan for it separately.

10% down payment, a 5% payment after two and a half years, and the balance over 4 years.
15% down payment, a 5% payment after two and a half years, and the balance over 5 years.
20% down payment, a 5% payment after two and a half years, and the balance over 6 years.
A maintenance payment of 10% of the unit value.
Handover within 3 years of the contract date.

The three plans trade the size of the opening payment against the length of the schedule. Entering at 10% keeps the initial capital lowest but compresses the balance into four years, producing the heaviest monthly instalment of the three. Entering at 20% stretches the balance across six years and lightens each payment, which suits a buyer who measures return against capital paid upfront rather than against total outlay.

The 10% maintenance payment is calculated on the unit value and sits outside the purchase price, so it belongs in the budget from the beginning rather than as a late addition at delivery. Combined with the three year handover window, the total commitment schedule is what a buyer should model, not just the monthly instalment quoted in a sales conversation.

Services inside the mall

The service specification covers three groups of needs at once: attracting visitors, keeping tenants operating, and securing the building. Each item below serves at least one of the three, and several serve all of them.

Cafés and restaurants under international brands that draw visitors and extend how long they stay.
Security, guarding and surveillance cameras operating around the clock.
A large garage designed to international standards, sized for visitor and staff volumes.
High speed internet and central air conditioning supporting office and clinic operations.
Green areas and open outlooks that improve the working and shopping environment.
Smart building systems including alarm devices and automated lighting.
ATMs distributed inside the mall.
A secured kids area serving visiting families.
Escalators and multiple lifts that ease movement between floors and separate the activity routes.

International food and beverage brands function as anchors in a building this size, because they generate visits that are not tied to a specific errand and pull traffic past every other unit. The kids area works the same way for family visits, extending the time a household spends on site and raising the chance of a secondary purchase.

Central air conditioning, high speed connectivity and smart building systems address the operational floor that offices and clinics need, where a service interruption translates directly into lost billable hours. Providing them at building level means an incoming tenant fits out and starts trading without purchasing backup infrastructure, which shortens the leasing cycle for the owner and supports a higher achievable rent.

The investment case, and where it stops

Three factors carry the case for It Business Hub New Cairo. The building faces North Teseen Street with the traffic density that comes with it. The developer brings around 40 years of accumulated founder experience and a record of delivered commercial and residential projects. The three activity mix distributes occupancy across the week instead of concentrating it in one sector’s trading hours.

A commercial unit on a main axis of this density has historically tended toward a higher rental yield than an equivalent unit inside a closed residential block, because its value tracks the number of people passing rather than the number of people living nearby. That relationship is the core of the case here, and it is also the reason ground floor pricing sits where it does.

The limits are equally concrete. The project suits an investor seeking rental income from a commercial or medical unit on a busy axis, a business owner who needs a visible headquarters with a ready customer base from Madinaty, Al Rehab and the American University in Cairo, and a company looking for a flexible, customisable office. It suits poorly a buyer looking for residential property, and a buyer whose priority is the smallest possible monthly payment, since frontage units price the location premium into every instalment. This analysis is guidance drawn from the stated facts and is not an investment recommendation.

What the published information does not cover

Several attributes remain unstated in the available material and should be requested in writing before payment. The finishing specification for the units is not published, the exact handover month within the three year window is not fixed in the public information, and no delay penalty clause is described. The licensing position of the building is likewise not stated.

Ask for all four at contract stage. On an off plan commercial purchase the delivery date and the clause governing what happens if it slips carry more weight than any discount on the price list, and the finishing level determines how much additional capital a tenant or owner spends before the unit can trade.

Frequently asked questions

What is the total area of It Business Hub New Cairo?

It Business Hub New Cairo occupies a total area of approximately 5,000 m² on North Teseen Street, divided between retail shops, administrative offices and medical clinics. Each activity holds its own floor, with multiple lifts and escalators separating the movement routes between them.

Who is the developer of It Business Hub New Cairo?

It Business Hub New Cairo is developed by Upwyde Developments, founded by six senior real estate figures with around 40 years of combined experience. Its earlier projects include Park Vue Mall, Granoy Mall and Equal Mall, plus the tourist promenade in Sheikh Zayed City.

When does It Business Hub New Cairo deliver?

It Business Hub New Cairo hands over units within three years of the contract date, with a maintenance payment of 10% of the unit value. Every payment plan also includes a 5% instalment falling due two and a half years after contract, shortly before handover.

How much does a metre cost at It Business Hub New Cairo?

The price per metre at It Business Hub New Cairo starts from EGP 58,500 for administrative offices, EGP 60,000 for clinics, EGP 115,000 for first floor shops and EGP 143,000 for ground floor shops. Figures were updated in June 2026.

The short version

It Business Hub New Cairo pairs direct frontage on North Teseen Street with a 5,000 m² building that keeps shops, offices and clinics on separate floors, designed by Raef Fahmy for Upwyde Developments. Prices start at EGP 9,663,000, three payment plans run from a 10% down payment to six year instalments, and handover falls within three years. To confirm current prices, unit sizes or arrange a viewing, get in touch through the form on this page.

It Business Hub New Cairo

About the Project