Nakheel Developments reveals the completion of the first phase of marketing of the Double Two Tower at in a record time, Invest-Gate reports.
Sherif El Domyati, head of Commercial at Nakheel Developments, states that such distinguished sales results in a record time reflect the confidence in the company among the real estate market.
El Domyati further explains that achieving these sales comes as a result of providing flexible payment plans that suit the needs of targeted customers, in addition to the presence of continuous activity in the real estate market, adding that this stage represents 35% of the total project, targeting three stages for marketing sales.
Double Two Tower encompasses administrative and commercial units along with hotel apartments covering 9000 sqm. The commercial part is being implemented and now occupies the ground and first floors, with an area of 4000 sqm for each floor, representing 45% of the total area of the project. The rest of the floors acquires an area of 1350 sqm for each floor, representing 15% of the total project area.
Additionally, he points out that the company is cooperating with several strong and distinguished entities to implement an integrated project at NAC, including Mimar Egypt Architecture & Engineering, “EFS Facilities Services”, and “Time Hotels”.
Furthermore, he states that the transfer of government district employees to the NAC will contribute to achieving more sales during the coming period, highlighting that the NAC is a new smart and sustainable city that serves as a safe environment for investment with a renewable and high return for the client.