Capital Elite Developments Projects in Egypt

About Capital Elite Developments

Capital Elite Developments was founded in 2006 and is led by Eng. Mostafa Mansour. Much of its track record is in Saudi Arabia, including the Golden Tulip hotel, Sairafi Mega Mall, the Lulu'at Al Tawheed hotel and Al Yasmeen Al Tawbah hotel, giving it experience in hotels and malls. In Egypt, the company offers a residential compound in the New Administrative Capital and a serviced-apartment project in 6th of October.

Choosing between Capital Elite's projects

The two projects are very different. Elite Park is a relatively small compound with few buildings, meaning more privacy and lower density, but ask whether on-site services will be enough or you'll rely on the district's. Apartments there are fairly large, so compare total price, not just the price per square meter. The October serviced apartments are tied to an international hotel brand, which means higher service levels and higher monthly fees. Ask about the operator's management contract and its term, whether a rental program offers a return, and who covers operating costs. For both, read the delay clause and finishing specs and confirm the written handover date.