Office and medical mall on about 12 feddans
East Main
5th Settlement, New Cairo, a retail
Request pricesMobco Developmentsموبكو
Mobco Developments Projects in Egypt
Mobco Developments is a Saudi developer founded in 2001, and its first project in Egypt is East Main, a mixed commercial mall in New Cairo. Here are all its projects in New Cairo, with current prices.
- Founded
- 2001
- Project
- 1
- Area
- 1
Mobco projects in Egypt
Mobco Developments projects in New Cairo
1 project
About Mobco Developments
Mobco Developments has its roots in the Saudi market. Founded in 2001, it has worked on projects there including hotels in Medina such as Manar Al Madinah and Al Andalus Al Fiddi. It entered Egypt through commercial real estate, with a single project in New Cairo's 5th Settlement that combines retail, office and medical space. Its Egyptian track record is therefore just beginning.
If you are considering a unit in East Main
East Main is Mobco's first Egyptian project, so there is no delivered local project to compare against. That is not a problem in itself, but it means you should verify certain things yourself: land ownership, permits and how far construction has come on site.
The site is large for a mall, which deserves some thought. A big mall means many units will look for tenants at the same time, so competition for renters will happen inside the project. Ask about the operating plan: have major brands signed on, will the mall be centrally managed, and what is the yearly service charge?
For a clinic, find out which floors are set aside for medical use and what fit-out they include. For a shop, frontage and closeness to the entrances drive the rent. Before signing for any Mobco project in Egypt, read the delivery and penalty clauses closely.
Mobco Developments FAQ
Is Mobco Egyptian or Saudi?
Mobco is a Saudi company founded in 2001 that entered Egypt with East Main mall in New Cairo's 5th Settlement.
What does East Main mall include?
The mall combines retail, office and medical units in New Cairo's 5th Settlement.
Is buying from Mobco safe?
The company has a Saudi track record, but East Main is its first Egyptian project. Check permits and site progress and read the delivery terms before paying.
