Gridline Mall New Capital

Gridline Mall New Capital is an office and retail building by Kandeel Developments on plot FD-24 in Financial District 2 of the New Administrative Capital. In Nov. 2026 its listed price starts at EGP 85,000 a square metre, units start at 40 m², and the plan is 10% down with up to 10 years to pay.

This page reads Gridline the way an investor would: what you pay on signing, what you pay each month, what a cash buyer saves, and how a metre here compares with a metre in the buildings next door. It gives no rental yield figure, because nobody has published a sourced one for a building that is not built yet.

Gridline prices

Gridline prices start at EGP 85,000 per square metre, the figure advertised on 2 and 3 Nov. 2026. The smallest listed unit is 40 m², so the entry ticket at the starting rate works out to EGP 3,400,000.

The EGP 85,000 figure is the bottom of the price list. Floor, frontage and use change the price, and the ground-floor shops are priced on a list of their own. Use it as the floor of your sums and ask for the price of the exact unit, by floor and size.

Working back from a budget instead of a size, the starting rate buys roughly this much space at Gridline Mall New Capital:

These are sums on the starting rate only. Higher floors or a street-facing unit can cost more, so the same budget may buy fewer metres.

A metre at Gridline next to its Financial District neighbours

An office metre at Gridline Mall New Capital starts at EGP 85,000, below the metre price of the smallest office unit at Financial Hub and at Vision Tower, using the developers' prices held by Masharf (Keller Williams Masharf) in Nov. 2026:

The gap per metre is wide, and it has a cost. Financial Hub is ready for handover, while Gridline's announced handover is 2028. A Gridline buyer pays less per metre and waits at least two more years before the unit can be used or let. Above EGP 10 million, Central Capital Mall New Capital City starts at EGP 11,288,000 and completes the picture.

Gridline payment plan: 10 years or the 43% cash discount?

The Gridline payment plan is 10% down with the balance over up to 10 years in equal instalments, or a cash discount of up to 43%. On a EGP 7 million unit the two routes end about EGP 3 million apart.

Take a EGP 7,000,000 unit at list price, about 82 m² at the starting rate:

The two routes differ by EGP 3,010,000. The instalment buyer pays that difference for spreading EGP 6,300,000 over ten years instead of paying it today. So the question that settles it is what your cash would earn if you kept it for ten years. If the answer is less than EGP 3 million, cash wins on these numbers.

The discount is advertised as "up to 43%", which is a ceiling, not the rate on every unit. Get the discount written against the specific unit before you build a plan on it. For a 40 m² unit at EGP 3,400,000, the down payment is EGP 340,000 and the monthly instalment EGP 25,500 over 120 months.

How much is the Gridline EOI?

The Gridline expression of interest (EOI) is EGP 50,000 and is advertised as fully refundable. It holds your place in the launch before a unit is chosen, and it is not part of the down payment unless the form says so.

Where is Gridline?

Gridline is in Financial District 2 of the New Administrative Capital, on plot FD-24. The building is about 572 metres from the Ministry of Finance and about three minutes by car from the Central Bank of Egypt.

The Financial District is set aside for administrative and financial activity and institutional headquarters, and an office a short walk from the Ministry of Finance appeals to firms whose work takes them to these bodies. That shapes who will rent from you after handover more than it shapes the rent.

The site plans show a green road buffer on the north side and low-density buildings to the east, so the direction a unit faces changes its view and daylight. Ask about the frontage before the floor.

For the other buildings in the district and their prices, see Compounds in Financial District, which lists the projects developers are selling there now.

Gridline Mall: offices and shops

Gridline Mall is a building of a commercial ground floor and eight floors of administrative offices, with parking below. The plot is 5,547 m², and the engineering consultant is Eng. Mohamed Talaat.

• Ground floor: shops and retail services only.
• Floors 1 to 8: administrative offices, from 40 m².
• Below ground: parking for the people who work in the building and their visitors.
• Building services: reception desks for visitors and an internet network covering every unit.

The sums differ between an office and a shop. A ground-floor shop lives on the footfall of eight floors of offices and the street, so it costs more and its demand depends on how many firms move in. An office upstairs sits closer to the start of the price list, and its tenant is a firm that wants an address in the Financial District.

If you plan to let a 40 m² office, small offices have many potential tenants, but the building is full of small offices just like yours. A larger unit has fewer offices competing with it.

Gridline completion date

The announced completion date for Gridline is 2028, and the project is still in its launch phase in Nov. 2026. Buying on instalments today means paying roughly two years of instalments before the unit is handed over and can earn anything.

Gridline by Kandeel Developments

Kandeel Developments is the real estate arm of Kandeel Group, founded in Egypt in 2003 and also active in contracting and education. Its projects include Kay 90 Mall on North 90th Street in the Fifth Settlement, New Cairo.

The company has traded under its current name since 2024, and Gridline is its project in the New Capital's Financial District. Its delivery record in the New Capital will be written with this building, so a careful buyer weighs that: the contractor is from the same group, but the building itself is still on paper.

Before you pay the Gridline EOI

1. Ask for the price list by floor and frontage, not the starting rate per metre.
2. Ask which units the 43% discount applies to, and on what payment schedule.
3. Get the EGP 50,000 refund in writing, with the date it comes back if you do not book.
4. Find out the maintenance deposit, its percentage and when it is due.
5. Ask whether the unit is handed over finished or as a shell, since fitting out an office adds to the cost per metre.
6. Read the 2028 handover date in the contract, and what happens if it slips.