Aswaq Developments Nears Completion of Arena Mall in Shorouk City and launches units with a 10% rental return and immediate handover

Aswaq Developments announced that it is approaching the final phase of delivering its Arena Mall in Shorouk City.

The company has commenced exterior finishing works and unveiled a new release of premium units within the project.

Moamen Rehan, Chairman of Aswaq Developments, explained that Arena Mall is a mixed-use project offering a diverse selection of commercial, administrative, and medical units.

Rehan noted that over 90% of the construction has been completed and that the project will also include a dedicated recreational and service area.

Strategically positioned, Arena is located directly across from the French University in Shorouk City.

He revealed the launch of new units within the project, offering a 10% rental return and ready for immediate handover, along with attractive pricing for cash payments.

Rehan further disclosed that the company aims to deliver a fully integrated project that meets the needs of its target clients. It has also introduced competitive and flexible payment plans in this new release, which are expected to boost investor interest in high-return, premium developments.

He added that Aswaq Developments is built on over 20 years of experience in real estate development, with a portfolio that includes more than 15 projects across Egypt.

These include developments in East Cairo and the North Coast. Accordingly, the company has successfully earned the trust of its clients over the years.

The company’s chairman explained that Aswaq Developments has gained the trust of 400 clients in a remarkably short period, with total investments exceeding EGP 3bn.

He concluded by reaffirming the company’s commitment to quality, highlighting its careful supervision across every phase of development—from initial planning and construction to post-delivery management—ensuring top-tier standards through a highly skilled and experienced team.