Sixty Iconic Tower New Capital is a mixed-use investment tower developed by El Borouj Misr Real Estate Development on plot MU-7CN12, directly facing the Iconic Tower inside the Central Business District (CBD) of the New Administrative Capital. What sets this address apart is the sightline: it is the first investment tower to sit face to face with the Iconic Tower, the tallest tower in Africa, at the financial core of the New Capital’s Downtown. The tower rises 140 meters across a ground floor and 40 upper floors, layering commercial, administrative, medical, and hospitality uses in one building, with a Mövenpick hotel operated by Accor occupying the top five floors. Unit prices start from EGP 11,709,000 with installment plans reaching 10 years.
This page reads Sixty Iconic Tower New Capital as a buying decision rather than a brochure. It maps the exact position within the CBD, the vertical split of activities, unit sizes and price per meter by use, the payment structures, the Mövenpick operating layer, and the developer track record behind the project. Every figure below reflects the launch data for the tower, priced in EGP and measured in m².
Location of Sixty Iconic Tower New Capital inside the CBD
Sixty Iconic Tower New Capital anchors itself inside the Central Business District, the financial nucleus of the New Administrative Capital, on plot MU-7CN12 facing the residential-tower cluster and the Iconic Tower. The positioning gives units a permanent view of the Iconic Tower and the Green River, and places them inside the largest concentration of companies and offices in the city. That density of workers and visitors feeds foot traffic straight into the retail and medical floors, which is the single factor that decides commercial value in a mixed-use tower.
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Key distances from the tower
- Around 100 meters from the central Monorail station, a walkable link that channels commuter footfall to the retail units.
- About 5 minutes to the financial and business district, next to the Government District, the Ministries District, and the Diplomatic District.
- Steps from the Green River and Al Masa Hotel, and roughly 5 minutes from the Heritage and Arts District and the Mosque of Egypt.
- Close to the Ring Road, the Mohamed bin Zayed Axis, and the New Capital International Airport, connecting the tower to Greater Cairo and the wider city grid.
The CBD context matters for resale as much as for daily use. Units in a Downtown tower draw tenants who want a registered business address inside the government and finance zone, a demand base that neighboring New Capital districts cannot match. The Downtown cluster also sits among comparable investment towers, so a buyer here is choosing between products that share a district but differ on view, operator, and payment terms.
Tower design, area, and green ratio
El Borouj built the tower on a total land area of 16,156 m² and dedicated only 4,810 m² to construction and units, leaving close to 75% of the plot for landscaping and open space. That low building footprint is unusual for a CBD tower and directly limits the number of units, which supports scarcity and long-term value. The 140-meter structure carries colored glass facades prepared under engineering-consultant supervision, making it one of the tallest towers in the New Capital after the Iconic Tower it faces.
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How the floors are divided
The developer separated activities on a vertical system that prevents overlap between visitor types. Retail, restaurants, and cafes occupy the ground floor up to the second, the third floor holds medical units and clinics, then 21 floors carry offices and administrative units, and above them 9 floors hold fully furnished hotel apartments, topped by a service roof. Five basement levels handle the garage, storage, and staff rooms. The top five floors run as a Mövenpick hotel, giving each use group its own zone and its own entrance.
Unit types and sizes in Sixty Iconic Tower New Capital
Sixty Iconic Tower New Capital offers four investment segments in one building: commercial, medical, administrative, and hospitality. Unit sizes span from 30 m² to 59 m², so a buyer can enter with a compact office or a small clinic rather than a large-ticket floor. Retail shops range from 32 m² to 70 m², and the food court carries ceiling heights up to 6 meters with direct views over the North bin Zayed Axis and the Green River, a specification that suits fine-dining and flagship F&B tenants.
| Unit type | Floors | Price per meter starts from |
|---|---|---|
| Commercial and retail | Ground to 2nd | EGP 153,000 (food court) |
| Medical and clinics | 3rd floor | EGP 50,000 |
| Administrative and offices | 21 floors | EGP 36,000 |
| Furnished hotel apartments | 9 upper floors | EGP 44,000 |
Each segment reads differently for an investor. Office units carry the lowest entry price per meter and tier by view, so a Sky View office starts from EGP 36,000, a Tower View from EGP 37,000, and an Iconic View from EGP 38,000 per meter. Medical units command the mid tier at EGP 50,000 per meter because clinic demand near a business district is steady, while furnished hotel apartments start from EGP 44,000 per meter and carry an operator layer. Food court retail sits at the top of the price ladder from EGP 153,000 per meter, reflecting the footfall those ground floors capture.
Prices of Sixty Iconic Tower New Capital
Total unit prices in Sixty Iconic Tower New Capital start from EGP 11,709,000, and the price per meter shifts with the activity and the view. Administrative offices open the range from EGP 36,000 per meter, medical units from EGP 50,000 per meter, and furnished hotel apartments from EGP 44,000 per meter, while food court units start from EGP 153,000 per meter. The developer applied a 10% discount during the first week of each phase launch, and cash payment earns an additional discount. Prices reflect the current launch phase and are subject to change with real-estate market updates.
Payment and installment plans
El Borouj Misr structured three payment plans for the tower, each opening with a refundable down payment and running interest-free for up to 10 years. The down payment is returnable on withdrawal, which lowers the entry risk for a first commercial purchase.
- 10% down payment, with the balance split into equal installments over 7 years.
- 15% down payment, with the remaining amount over 8 years.
- 20% down payment, with the balance over 10 years.
- Cash purchase, which earns an extra discount on the unit price.
Finishing and delivery differ by segment. Administrative, medical, and clinic units are handed over fully finished with air conditioning, electricity, and fire alarm and extinguishing systems, so a tenant can fit out and open quickly. Hotel apartments are delivered fully furnished and ready, which matters because those units feed straight into the Mövenpick operating layer above them.
The Mövenpick hotel layer
Accor, the global operator of the Mövenpick chain, selected El Borouj and this tower to host a Mövenpick branch in the New Administrative Capital, occupying the top five floors with an opening planned for 2026. A branded international operator inside the building raises the classification of the furnished hotel apartments and adds a professional management layer to the rental side. That combination of a global hotel flag on the upper floors and investment units below is a rare differentiator among CBD towers, and it is the factor that most directly supports the resale and leasing case for the hospitality units.
Facilities and services
- 12 elevators plus escalators for fast movement across the 40 floors.
- Five basement levels for the garage, storage rooms, and staff rooms.
- Meeting and conference halls, with dedicated waiting areas for the medical clinics.
- A food court with 6-meter ceilings overlooking the Iconic Tower and the Green River.
- 24-hour security, surveillance cameras, and a trained guarding team.
- Separate entrances for the commercial, administrative, and hospitality zones, plus surrounding landscape and green space.
Who is the developer of Sixty Iconic Tower New Capital?
Sixty Iconic Tower New Capital is developed by El Borouj Misr Real Estate Development, founded in 2005 and active in the market for more than 15 years under chairman Engineer Mohamed Raafat. The company delivered the tower in partnership with an Emirati firm that holds a record in residential towers near Burj Khalifa in Dubai, bringing high-rise experience to the build. This is El Borouj’s fourth project inside the New Capital, following Sixty Three Mall and Point 3 Mall in the capital, alongside the Haven Hills resorts in Ain Sokhna and on the North Coast. Beyond development, El Borouj also works in interior finishing, contracting, road paving, and landscaping, which supports its ability to deliver a mixed-use tower end to end.
Investment analysis of Sixty Iconic Tower New Capital
The investment case for Sixty Iconic Tower New Capital rests on verifiable factors rather than promises. The CBD address facing the Iconic Tower and roughly 100 meters from the Monorail station feeds continuous footfall into the retail and medical floors, which underpins occupancy. The near-75% share of the plot given to open space caps the unit count and supports scarcity, while the vertical separation of four uses lets each segment perform on its own demand curve instead of competing for the same visitor. The interest-free plans up to 10 years widen the buyer pool and ease the monthly commitment, and the Mövenpick operating layer adds a rental-management channel that a standalone office tower cannot offer.
The project suits an investor who wants a small-ticket commercial or medical unit inside the government and finance zone with a phased payment, or a buyer seeking a furnished hotel apartment tied to a global operator for leasing income. It suits less a buyer looking for a residential family home, since the tower is a mixed-use investment building rather than a compound. Buyers should confirm the current phase price and the delivery schedule before contracting, since the launch discounts and per-meter figures move with each phase.
This analysis is for guidance only and is not investment advice.
Frequently asked questions
Where is Sixty Iconic Tower New Capital located?
Sixty Iconic Tower New Capital sits on plot MU-7CN12 inside the Central Business District of the New Administrative Capital, directly facing the Iconic Tower. It stands roughly 100 meters from the central Monorail station and about 5 minutes from the Government and Ministries districts, steps from the Green River.
How many floors does Sixty Iconic Tower New Capital have?
Sixty Iconic Tower New Capital consists of a ground floor and 40 upper floors, plus 5 basement levels for parking and services. The tower rises 140 meters, which makes it one of the tallest towers in the New Capital after the Iconic Tower it faces, with a service roof at the top.
What is the price per meter in Sixty Iconic Tower New Capital?
The price per meter in Sixty Iconic Tower New Capital starts from EGP 36,000 for administrative offices, EGP 50,000 for medical units, and EGP 44,000 for furnished hotel apartments, while food court units start from EGP 153,000 per meter. Total unit prices open from EGP 11,709,000 and shift with view and phase.
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Who owns Sixty Iconic Tower New Capital?
Sixty Iconic Tower New Capital is owned and developed by El Borouj Misr Real Estate Development, founded in 2005 under chairman Engineer Mohamed Raafat. It is the company’s fourth project in the New Capital, built in partnership with an Emirati firm experienced in high-rise towers near Burj Khalifa in Dubai.
What are the payment plans for Sixty Iconic Tower New Capital?
Sixty Iconic Tower New Capital offers three interest-free plans up to 10 years: 10% down over 7 years, 15% down over 8 years, and 20% down over 10 years. The down payment is refundable on withdrawal, and cash purchase earns an extra discount on the unit price.
Conclusion
Sixty Iconic Tower New Capital combines a CBD address facing the Iconic Tower, four investment uses separated across 40 floors, and a Mövenpick hotel operated by Accor on the top five floors, all on interest-free plans up to 10 years. The near-75% open-space ratio and the small building footprint keep unit supply tight in a prime Downtown location. To check current prices or arrange a viewing, reach out through the contact form on this page.