V Developments Projects in Egypt

About V Developments

V Developments says its activity dates back to 1981 and that most of its experience comes from the UAE, particularly Dubai, where it built residential towers and hotels. Its board is chaired by Eng. Islam El Ghazouly, who cites more than four decades in construction. The company reports a track record of around 350 projects in Dubai and Egypt, and in Egypt it has chosen to focus on the Downtown area of the New Administrative Capital with commercial and office projects.

Before buying in the New Capital's Downtown

Downtown has one of the highest concentrations of towers and malls in the New Capital, which cuts both ways: a central location, but a lot of supply. Before choosing Leo Tower, find out the exact plot and what it faces, whether a main corridor, an inner street or green space. Ask about the number of floors and units per floor, since density affects elevators, parking and day-to-day operations. If you're buying to rent out, compare the expected return with rents in Downtown buildings that are already operating. Since the company's main experience is outside Egypt, ask to see the permit, ministerial decree and local construction schedule, and read the late-delivery and service charge terms.