Rafts Business District 6th of October City

Rafts Business District 6th of October City: an office for 5.4 million, a clinic at three times the metre

Rafts Business District 6th of October City is the business and retail strip inside Rafts by The Ark Development, on the Dahshur Link with a frontage of about 800 m. On offer are offices, shops and a clinic, all on 10% down over 8 years, due in 2029.

Rafts Business District 6th of October City prices

• A 38 m² office at EGP 5,400,000, near 142,100 a metre: 540,000 up front, about 50,600 a month, due October 2029.
• Shops: 16,560,000 for 57 m² (some 290,500 per metre) and 22,100,000 for 85 m², keys February 2029.
• A finished 79 m² clinic at 33,970,000, or 430,000 a metre, near 318,500 a month.

The clinic costs more than the shop

Normally the shop carries a commercial project's dearest metre. Here the clinic's metre beats the shop's by about 140,000 and is three times the office's. Part of that is its finishing, but the figure deserves questions: which floor, and what exactly does it include? For a small office, though, the 38 m² unit is one of the lightest entries into commercial property in October.

The larger shop has the cheaper metre

Paying some 5.54 million to go from the 57 m² shop to the 85 m² one works out near 198,000 for each added metre, under what the small shop costs per metre. The large shop is cheaper per metre, provided the frontage is comparable. Shop keys come eight months before the office and clinic, by which point about 37% of the smallest shop is paid, some 6.08 million. On the office, roughly 44% is in by its date, near 2.39 million.

Clinics and offices for sale at Rafts Business District against Nine08 and Thru Dal

• Nine08 books at only 1% and spreads payments over about 8 years, with keys in December 2028. Clinics there open at 33 m² for close to 4.95 million (roughly 150,000 per metre), offices at 40 m² for about 5.2 million (near 130,000).
• Thru Dal, 2 km away in Zayed, has an 85 m² clinic, 6 m² larger than Rafts', near 11.78 million, over 22 million less. Its offices start very small, 21 m² near 2.73 million, over just 3 years.
• Mall T Square, 2.6 km off, starts offices at only 27 m² near 4.21 million, a metre about 156,000, with keys in February 2027.

So the Rafts office is level with its neighbours per metre and slightly above Nine08. The clinic, though, runs about three times the area's clinic metre, which is not just finishing. Ask to see its specification, how many clinics the building holds, and whether that figure is final.

The shop against Gates Prive and Nine08

Gates Prive lists a large 191 m² shop near 44.39 million, a metre about 232,400, below the small Rafts shop's metre, with keys in December 2027. At Nine08 a 42 m² shop opens around 5.72 million, close to 136,200 per metre and so near half the Rafts rate. Mall T Square's shops run near 224,600 a metre. So Rafts' shops carry some of the dearest metres around; their likely edge is the Dahshur Link frontage and Rafts' own residents. Ask whether the shop faces the outer road or the inside of the compound.

Design: Raef Fahmy and the cluster plan

The Business District is part of Rafts, the larger project of about 40 feddans on the Dahshur Link with a frontage of about 800 m on it. The design is by architect Raef Fahmy's office, with the first release on about 15 feddans. The announced idea is «clusters»: separate groups of buildings that keep the noisy retail away from the quiet offices and clinics, with curved lines easing visitors' movement between shops. For a buyer this matters: a doctor does not want a clinic above a restaurant, and a company wants a calm entrance. Ask which cluster your unit is in and whether its neighbours will be shops or offices.

Inside the district and its location

Per the project data: offices, coworking spaces and meeting rooms, shops of various sizes, restaurants and cafés, a gym, a supermarket and pharmacy, water features and greenery, with security, cameras and maintenance. The British School is 6 minutes away, Mall of Arabia and El Sheikh Zayed 7, Arkan Plaza 12 and Mall of Egypt 16, near Nile University and Dar Al Fouad. For driving, it sits off the Dahshur Link with the 26th of July corridor and the Boulevard close by. The company is a partnership of Orgami, Arabella and Abdel Maksoud groups, per the project data, and also builds The Ark in New Cairo.

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