The One Commercial District Mokattam (The One Mall)

The One Mall Mokattam, officially The One Commercial District, is a retail, medical and office project by Ghoneim Developments (GDG) on the New Mokattam Corniche, facing Uptown Cairo, on 4.7 feddans with 588 units. Prices announced in October 2026 start at EGP 70,000 a metre for offices and EGP 170,000 for a ground-floor shop, with down payments from 5%, instalments of up to 7 years and handover in 2029 on published lists. The price and payment figures come from the developer's brochure, checked by Masharf (Keller Williams Masharf).

The project launched officially on 13 October 2026, and the brochure says 85% of units have a full corniche view. Every sum here turns on one question: will the new corniche bring customers to your shop or clinic before the instalments start to weigh on you?

The One Mall Mokattam prices

The One Mall Mokattam prices announced in October 2026 start at EGP 70,000 a metre for an office, 80,000 for a clinic, 120,000 for a first-floor shop and 170,000 for a ground-floor shop.

The lowest-unit column is our sum: the metre price on the first size, because the brochure gives no total prices. A budget of EGP 7,000,000 buys about 41 m² of ground-floor shop, 58 m² of first-floor shop, 87 m² of clinic or 100 m² of office. Ask what white box covers, since the remaining fit-out sits on top of the price.

The 30% cash discount: how does it work?

The One Mall brochure gives a 30% discount for cash, so a 25 m² office at EGP 1,750,000 by our sum becomes 1,225,000, and a ground-floor metre falls from EGP 170,000 to 119,000.

Ask before you work out any sum: how long it runs, whether it covers every floor, and whether it applies to the announced metre or to another list. On a ground-floor metre, 30% means EGP 51,000 on each metre, so it must be written in the reservation form.

The One Mall down payment and instalments

The One Mall Mokattam has 2 payment plans in the brochure: 5% down with instalments of up to 6 years, or 10% down with up to 7 years, each with a further 5% on delivery.

The table is our sum on that calculated price, with the balance split evenly every 3 months as on lists published in October 2026. The extra EGP 87,500 down lowers the instalment by EGP 12,500 every 3 months and adds a year. The delivery payment falls in one go, so budget for it now.

What rent per metre covers The One Mall instalment?

For a 40 m² ground-floor shop in The One Mall to cover its instalment from rent, the metre must let at about EGP 2,125 a month on the 6-year plan, or EGP 1,720 on the 7-year plan.

These are our sums, not an expected return. Compare them with rents for working shops and offices around the corniche when you book, since the mall itself has not started. Instalments begin before handover, so the first years come from your pocket, and this sum only applies once the mall operates.

Where is The One Mall Mokattam?

The One Mall is in New Mokattam, directly on the New Mokattam Corniche along the Abdel Meguid Mahmoud Axis, on the first plot facing Uptown Cairo. Its corniche frontage runs for more than 330 metres.

The brochure gives these drive times in minutes: Nasr City 5, Maadi 6, El Moshir Axis 7, the Ring Road and New Cairo 8, Heliopolis 10, Cairo Airport and Suez Road 12, Ain Sokhna Road 14, and Downtown 15. Try the road at rush hour before relying on them.

The site serves residents of Mokattam and Uptown and people driving the corniche. Ask whether your unit is among the 85% with a full corniche view, because a frontage metre differs from one inside the building. Other projects are on the Mokattam projects page.

What is in The One Mall?

The One Mall has 588 units across 3 uses: shops on the ground and first floors, upper-floor units marked "admin or clinic" on the floor plans, and 3 serviced gates.

• Shops: delivered core and shell from 20 m², so the buyer or tenant finishes to the brand's identity, at a cost on top of the price.
• Clinics and offices: delivered white box from 25 m², so ask what use your unit is licensed for before booking.
• Facilities: restaurants and cafés, a pharmacy, business and VIP lounges, conference and meeting rooms, outdoor event spaces, underground and multi-level parking, and 24/7 security.
• Partners: Azure Architects for design, InCommercial for tenant mix and commercial consultancy, and Acadio for marketing.

The layout matters to a clinic owner, who needs to know the floor and whether labs and radiology are in the building. A shop owner needs to know the neighbours' activity, and whether the same activity can open next door or has exclusivity.

Who is the developer of The One Mall?

The One Mall developer is Ghoneim Developments (GDG), a group with roots going back to 1968 in contracting, infrastructure and electromechanical works before it moved into real estate. Its CEO is Islam Ghoneim.

It also has The Novelist in Mokattam, a residential compound of more than 30 feddans with 1,694 units. That compound is part of the customer base the mall counts on, so ask when it hands over, since it affects footfall outside your shop.

The One Mall or a shop in New Cairo?

A ground-floor metre at The One Mall is announced at EGP 170,000 in October 2026, close to developer shops in New Cairo from EGP 7 million up.

In cash after the 30% discount, The One's ground-floor metre is EGP 119,000, below the whole table. That gap is the price of an area still taking shape, while New Cairo shops already have residents around them. For rent soon, start with the ready ones. If you can wait until handover and after, The One has the lower entry.

Before you book in The One Mall

• Paperwork: ask for the building licence and the permitted use of each unit, especially a clinic or pharmacy.
• Finishing: shops are core and shell, so ask about frontage and signage rules.
• Operation: read the management contract, the yearly service share, and who pays for marketing.
• Return: work out the rent per metre that covers the instalment before believing any yield figure.

Want a shop, clinic or office in The One Mall? Send us the size and activity on WhatsApp 01270970000, and we will send the price and the payment schedule in writing.