Cayo Mall New Capital City

Cayo Mall New Capital City: shops and offices on the Downtown axis

Cayo Mall New Capital City is a mall by Contact Development in Downtown, New Capital City. As published, it stands on a 7,100 m² plot between two main streets, overlooks the Downtown axis and the tourist walkway, and sits close to the monorail station. Units are shops and offices from 35 to 200 m².

The building in published figures

• Three basements, a ground floor and four floors above it.
• A ground floor of 4,900 m² on its own.
• A double-glazed façade, so passers-by can see into the shops.
• Central air conditioning, fast internet, lifts and escalators.
• Solar power, alarm and fire-fighting systems, cameras and round-the-clock security.
• A children's area and a food court.

The brochure does not say what fills the three basements, parking or shops, so ask, along with how many parking spaces come with each unit; a customer who cannot park does not come in. Contact has announced no prices or payment plan for Cayo either, so get its list of what is left by floor and size.

A ground-floor shop or an office upstairs?

The ground-floor shop is the one that gains from the glass front, the two streets and the walkway, and that is what pushes its price up. An office on the upper floors lacks that frontage, so ask the per-metre gap between it and the ground floor, and whether the office levels have their own entrance and lifts apart from the mall, which matters for staff and clients.

Downtown prices around it

Cayo sits among many commercial projects. Ezdan, about 100 metres away, starts at 8,650,000 for 28 m². Udora Mall, at 200 metres, starts at 15,933,000 for 41 m². The Loft Plaza, at 400 metres, from 4,025,000 for 34 m², and UniTower, at 600 metres, from 5,382,000 for 39 m².

So the metre in the neighbours' cheapest units runs from about 118,000 to 389,000. A spread that wide says the floor and the spot inside the building matter more than the mall's name. When Cayo quotes you, compare it with a unit on the same floor and the same frontage next door, not with the lowest figure.

Who passes by

The mall is published as near the Green River, the Al Masa hotel, the Presidential Palace, the Government District, the fairgrounds and the Iconic Tower, reached by the Mohamed Bin Zayed Axis. Those bring staff and visitors on working days, so think about whether your trade runs in the morning with office workers or in the evening and at weekends with families.

Contact Development

The brochure says the company began in 2010, works in Egypt and Saudi Arabia, builds in the New Capital and El Sheikh Zayed, and that Cayo is its third New Capital project. None of its other projects is on offer now, so ask what it has handed over before, and when Cayo is due.

Looking for a shop in Downtown? WhatsApp Masharf and we will get Cayo's available units and set them beside Ezdan and Udora.