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City Hall 90 mall New Cairo by Serac Developments
Start Price
155,000 EGP / meter
10% Down Payment
7 Years Installments
Project details
| Location | Fifth Settlement |
|---|---|
| Unit areas | Starting from 45 m² |
| Start Price | 155,000 EGP / meter |
| Payment Plan | 10% Down Payment , 7 Years Installments |
| Project Type | Administrative units , Commercial units , |
| Developer | Serac Developments |
| Unit types | Commercial , offices , |
| Sales number of Serac Developments | 01118183030 (Click the number to call) |
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City Hall 90 Mall New Cairo is a commercial and administrative project developed by Serac Developments, located at the intersection of North 90th Street and Nasr Street in the North Lotus district, in the heart of the Fifth Settlement.
The project stretches along a 350-meter frontage on one of the busiest corridors in New Cairo, and includes retail shops, administrative offices, restaurants and cafés, with prices starting from EGP 155,000 per square meter for administrative units, a down payment starting at 10% and instalments extending up to 7 years.
What sets the project apart is a 50/50 co-ownership scheme between the investor and the developer across the commercial component, a rare model among Fifth Settlement malls, alongside a design signed by architectural consultant Omar Al-Aqil.
City Hall 90 Mall New Cairo
The Meaning Behind the Name City Hall 90
The term City Hall refers to the town square or municipal hall, the open civic space around which a city’s activities and services traditionally cluster in European urban planning.
The developer chose the name to express the concept of the project itself, as the mall was not designed as a single enclosed block, but as five separate buildings wrapped around open spaces and pedestrian walkways that form a central square.
The number 90 is a locational identifier referring to North 90th Street, distinguishing the project from the company’s two earlier City Hall developments in the Fifth Settlement and the New Administrative Capital.
A Detailed Overview of City Hall 90 Mall
The design philosophy deliberately departs from the conventional enclosed mall model.
Instead of stacking units inside a single mass, the developer split the built area into five separate buildings rising from G+2 to G+5, leaving the space between them open as walkways, plazas and landscaped areas.
As a result, the actual built footprint does not exceed 40% of the total land, while 60% is allocated to greenery and circulation space, a notably high ratio for commercial projects, which typically maximize built area at the expense of open space.
The design carries the signature of architectural consultant Omar Al-Aqil, whose portfolio includes:
- Lake View
- Dusit Thani Hotel
- Lake House
- Hilton Borg El Arab
- Mangroovy El Gouna
Projects characterized by open layouts and a reliance on natural light and ventilation, an approach reflected directly in the mall’s concept.
Internally, activities are distributed according to visitor movement. The entire ground floor is dedicated to retail shops, restaurants and cafés as the level directly connected to the frontage and plazas, while the first, second and upper floors are allocated to offices and administrative units.
Every administrative unit is fitted with a private terrace, an uncommon feature in mall-based offices, giving each unit an outdoor extension overlooking the internal plazas rather than relying solely on a glass façade.
In terms of circulation, City Hall 90 operates through seven main entrances distributed around the perimeter, a high number relative to the site area
Intended to spread visitor density across multiple access points rather than concentrating it at a single entrance, supported by 10 elevators and 6 escalators serving movement between floors.
The internal unit mix reveals a clear orientation towards professional and service activities rather than conventional retail.
As the ratio of administrative units to shops is roughly six to one, making the development closer to a business complex with a retail frontage than to a shopping centre in the usual sense.
This distribution has a direct implication for investors, as demand for shops and restaurants will not depend solely on visitors from the surrounding area, but on a steady daily base of companies and employees working inside the building itself throughout the week.
The most distinctive element of the project, however, is financial rather than architectural.
The developer offers a co-ownership scheme allowing an investor to purchase a 50% share in a commercial unit in direct partnership with the development company, halving the capital required to enter the retail component and tying the investor’s return to the operational performance of the mall itself.
The company has not yet announced the name of the management and operations firm responsible for the mall after handover.
A point worth raising at the contracting stage, as it determines the quality of the tenant mix and the leasing policy for vacant units later on.
City Hall 90 Mall Key Details
| Item | Details |
| Project Name | City Hall 90 Mall New Cairo |
| Developer | Serac Developments |
| Company Leadership | Tarek Soliman — Sheikh Tawheed Abdullah |
| Location | Intersection of North 90th Street and Nasr Street — North Lotus, Fifth Settlement |
| Total Area | 16,000 sqm |
| Frontage Length | 350 meter |
| Built-Up Ratio | 40% buildings — 60% greenery and walkways |
| Buildings and Floors | 5 separate buildings — G+2 to G+5 |
| Floor Allocation | Ground floor: retail, restaurants and cafés — First floor and above: offices and administrative units |
| Number of Units | 320 administrative units with terraces — 50 retail shops |
| Main Entrances | 7 main entrances |
| Unit Types | Retail shops — Administrative offices — Restaurants and cafés |
| Unit Sizes | Administrative from 45 sqm — Commercial from 60 sqm |
| Price per Square Meter | Administrative from EGP 155,000 — Commercial from EGP 300,000 |
| Payment Plans | Down payment from 10% with instalments up to 7 years |
| Booking Deposit | Administrative EGP 50,000 — Commercial EGP 100,000 |
| Delivery Date | 4 years from the contract date |
| Co-Ownership Scheme | 50/50 partnership with the developer on commercial units |
| Architectural Consultant | Omar Al-Aqil |
City Hall 90 Mall Location
City Hall 90 sits at the intersection of North 90th Street and Nasr Street in the North Lotus district.
A point that separates the Fifth Settlement’s primary commercial artery from residential neighborhoods that are already fully occupied, and this distinction is fundamental for commercial developments.
The surrounding area is not a district under development waiting for residents, but a set of functioning neighborhoods such as North Lotus, El Qarnfel and Tamr Henna, alongside compounds including:
Gardenia Heights
Keys 52
which means a ready customer base from the first day of operation.
The location adds a second advantage related to daily traffic, as North 90th Street carries a significant share of the movement of employees and visitors heading to the government offices, banks and companies spread along the corridor, providing the mall with a steady flow outside peak retail hours.
You can browse the rest of the Fifth Settlement projects to compare locations and prices.
City Hall 90 Mall Location
Landmarks Near City Hall 90 Mall
| Landmark | Travel Time |
| North Lotus and El Qarnfel districts | 3 minutes |
| South 90th Street | 5 minutes |
| Tamr Henna area | 7 minutes |
| Hyde Park Compound | 8 minutes |
| Air Force Specialised Hospital | 10 minutes |
| Mountain View Compound | 10 minutes |
| The American University in Cairo | 12 minutes |
| Mohamed Bin Zayed Axis | 12 minutes |
| Cairo Festival City Mall | 15 minutes |
| The Ring Road | 15 minutes |
| Al Rehab City | 18 minutes |
| Cairo International Airport | 25 minutes |
| The New Administrative Capital | 35 minutes |
Malls and Projects Near City Hall 90
City Hall 90 sits within a dense commercial cluster along the 90th Street corridor. Below are the most notable neighboring malls worth comparing in terms of price, activity type and payment structure.
90 Apex Mall — A commercial and administrative project on the 90th Street corridor, built around smaller unit sizes that suit individual investors looking for the lowest possible entry capital.
Aisle 90 Mall — One of the nearby developments on the same corridor, combining commercial and administrative activities with extended payment plans.
One 90 Mall — A large mixed-use project overlooking 90th Street directly, targeting companies seeking administrative headquarters with frontage on the main corridor.
Plus 90 Mall — Offers a mix of shops and offices, and stands as one of the direct alternatives for buyers comparing prices along the same corridor.
70 Plaza Mall — Built around an open plaza concept, and similar to City Hall 90 in its move towards open-air spaces rather than an enclosed mall format.
Seen Social District Mall — A commercial and lifestyle project in the Fifth Settlement focused on restaurants, cafés and social gathering spaces.
Unit Types, Sizes and Prices at City Hall 90 Mall
The project comprises 320 administrative units and 50 retail shops.
The price per square meter varies clearly according to activity type and unit position within the mall, with the ground floor commanding the highest rate given its direct connection to the frontage and pedestrian flow.
| Unit Type | Floor / Position | Size From | Price per sqm From |
| Retail shops | Ground floor — on the frontage | 60 sqm | EGP 300,000 |
| Restaurants and cafés | Ground floor — on the plazas | 60 sqm | EGP 300,000 |
| Administrative offices | First and second floors | 45 sqm | EGP 155,000 |
| Administrative offices with terraces | Upper floors up to G+5 | 45 sqm | EGP 155,000 |
The prices listed are instalment prices rather than cash prices.
Based on the rate per square meter and the smallest available size, an administrative unit starts at approximately EGP 6,975,000, while a retail shop starts at approximately EGP 18,000,000 before the co-ownership scheme is applied.
The rate per square meter remains variable depending on floor, frontage and size, as a unit overlooking the central plaza is valued differently from a unit of the same size on an inner upper floor.
To enquire about the latest prices and book a site visit, contact the City Hall 90 Mall hotline: +201118183030
City Hall 90 New Cairo
Payment Plans at City Hall 90 Mall
The developer offers three payment systems in which the instalment period extends as the down payment increases, allowing investors to weigh the lowest initial payment against the longest repayment period.
| Payment System | Down Payment | Instalment Period |
| First system | 10% | 5 years |
| Second system | 20% | 6 years |
| Third system | 30% | 7 years |
The booking deposit is EGP 50,000 for an administrative unit and EGP 100,000 for a commercial unit. Both amounts are refundable and are deducted from the down payment upon completing the contract.
Annual maintenance fees and the operating deposit are set within the contract terms according to activity type and unit size, and reviewing them in detail before signing is advisable, as they directly affect the net rental yield.
To learn about current offers and any available cash payment discounts, contact the City Hall 90 hotline: +201118183030
Delivery Dates at City Hall 90 Mall
The developer has set a delivery period of 4 years from the contract date, which is standard for commercial projects in the Fifth Settlement given the scope of external finishing works and shared facilities in multi-building malls.
The finishing type is defined in the contract according to unit type and activity, and delivery standards in commercial malls fall into three main categories:
Core & Shell: The unit is delivered with the concrete structure, façades and utility connections only, without flooring, ceilings or internal partitions, leaving the owner to complete the fit-out according to their activity.
Semi-finished: The unit is delivered with plastering, basic flooring and electrical and plumbing connections, leaving the owner to complete the final finishing and interior design.
Fully finished: The unit is delivered ready for operation with flooring, ceilings, lighting and air-conditioning works, which is the most suitable option for investors targeting immediate leasing after handover.
Services and Facilities at City Hall 90 Mall
The 50/50 Co-Ownership Scheme
The project offers a shared ownership model in which the investor purchases a 50% stake in a commercial unit, while the development company retains the other half and manages its operation within the mall’s overall tenant mix.
The value of this arrangement is twofold. It halves the capital required to enter the commercial component, and it places the developer in the position of a partner who shares the loss if operations underperform, reducing the risk of units sitting vacant after handover.
Omar Al-Aqil’s Design and the Open Spaces
The design distributes the building masses so that natural light reaches the internal walkways and plazas throughout the day, instead of relying entirely on artificial lighting as enclosed malls typically do.
A full 60% of the land area is dedicated to these plazas, walkways and landscaping, giving ground-floor restaurants and cafés the ability to expand into outdoor seating, an operational advantage that translates directly into higher rental value.
Administrative Units with Private Terraces
All 320 administrative units come with a private terrace, opening additional usage options for companies, from open-air meeting areas to staff break zones.
The units are also designed with flexible internal layouts, allowing the owner to redistribute the space according to the nature of the business and headcount, rather than being bound to a fixed predetermined partition.
Core Services at City Hall 90 Mall
| Category | Available Services |
| Circulation | 7 main entrances — 10 elevators — 6 escalators |
| General Facilities | Central air conditioning — Smart electronic entry gates — ATM machines |
| Security and Parking | 24-hour security and surveillance cameras — Car parking |
| Shared Areas | Open plazas and landscaping — Restaurants and cafés — Kids entertainment area |
| Business Services | Meeting rooms in various sizes — Medical centre |
| Operations and Maintenance | Maintenance and management services for shared facilities |
City Hall 90 Mall by Serac
Commercial Investment Advantages at City Hall 90
Evaluating a commercial mall differs from assessing a residential compound, as the buyer here is not purchasing a unit for personal use but an income-generating asset.
Below are the key factors shaping the investment case for this project.
First — A built-in occupancy base:
The presence of 320 administrative units inside the mall itself creates a daily base of employees and office visitors, a segment that engages with ground-floor shops and restaurants regardless of external footfall, reducing a retail unit’s dependence on seasonal shopping patterns.
Second — Established rather than anticipated density:
The surrounding area is already populated through North Lotus, El Qarnfel and Tamr Henna, along with compounds such as Hyde Park and Mountain View. This is a fundamental difference from commercial projects in newly developing zones, which must wait for residential occupancy to mature before generating their first return.
Third — The 50/50 co-ownership scheme:
Entering with half the capital raises the return on invested capital compared with outright purchase, and ties the developer’s interest to the successful operation of the unit rather than to selling it alone.
Fourth — Expected rental yield:
Market estimates point to an annual return between 10% and 14% from leasing units in malls along this corridor, alongside projections of price-per-meter growth between 15% and 25% over three years as construction completes and operations begin.
Compared with bank deposits, which deliver a fixed cash return without an owned asset, a commercial unit combines a recurring rental income with a real estate asset whose value moves with the market, in exchange for operational and occupancy risks that the investor carries and a deposit does not.
Why Invest in the Fifth Settlement?
The Fifth Settlement is the most mature district in East Cairo in terms of completed infrastructure and services, no longer an area under development but a settled real estate market with high population density and strong purchasing power.
New corridors such as the Mohamed Bin Zayed Axis and the Ring Road expansions have strengthened the district’s connection to the New Administrative Capital and central Cairo, raising daily traffic along 90th Street and increasing demand for commercial and administrative units along its length.
Adding to this, a growing number of companies and administrative headquarters have relocated to East Cairo in recent years seeking proximity to the new cities, which has lifted demand for office space in the area and narrowed vacancy rates across delivered projects.
About Serac Developments
Serac Developments is a joint Egyptian-Emirati entity operating in the Egyptian market through a portfolio that spans commercial projects in New Cairo and the New Administrative Capital alongside coastal developments on the North Coast.
The company is led by figures whose background is primarily investment rather than real estate.
At its head is businessman Tarek Soliman, with more than 50 years of experience in the gold and jewellery sector through brands including Glamour, Ricci, Marley and Damas, and the owner of Stella Walk on the North Coast along with 130 hotel units in Stella Sidi Abdel Rahman.
He is joined by Sheikh Tawheed Abdullah, chairman of Damas Real Estate and chairman of the Dubai Gold and Jewellery Group, and owner of the Al Jawhara brand with more than 250 branches worldwide, a background that explains the company’s orientation towards commercial projects with a carefully planned tenant mix.
City Hall 90 Mall is the company’s sixth project within two years, a high launch rate reflecting rapid expansion of its land bank across the new cities.
Serac Developments Portfolio
| Project | Location | Type |
| City Hall Mall | Fifth Settlement | Commercial and administrative |
| City Hall Mall | New Administrative Capital | Commercial and administrative |
| Stella Walk | North Coast | Commercial |
| Shamasi Village | Sidi Abdel Rahman — North Coast | Coastal residential |
| Alura Village | New Alamein — North Coast | Coastal residential |
Other Serac Developments Projects on Our Website
The company’s portfolio is not limited to commercial developments, extending to coastal villages built on the same philosophy of open space and low built-up ratios.
Shamasi Village — A coastal residential project in the Sidi Abdel Rahman area of the North Coast, built on tiered elevations that secure a sea view for the largest possible number of units.
The portfolio also includes Alura Village in New Alamein, along with City Hall Fifth Settlement and City Hall New Administrative Capital.
The two developments that preceded City Hall 90 and established the company’s track record in commercial and administrative malls.
Book Your Investment Unit at City Hall 90 Mall
City Hall 90 brings together several factors that make it a serious option for investors seeking a commercial asset in the Fifth Settlement:
- A location at the intersection of North 90th Street and Nasr Street with a 350-meter frontage, surrounded by already-occupied neighborhoods.
- A 50/50 co-ownership scheme that halves the capital needed to enter the commercial component.
- A built-in occupancy base of 320 administrative units feeding ground-floor shops and restaurants daily.
- A down payment starting from 10% with instalments extending to 7 years and a refundable booking deposit.
- An open-air design with a built-up ratio of only 40%, giving restaurants and cafés outdoor extensions.
To book your unit or receive the full price list and arrange a site visit, contact the sales team on the City Hall 90 Mall hotline: +201118183030
Available daily from 10:00 AM to 10:00 PM
Frequently Asked Questions
Administrative units start at EGP 155,000 per square metre, while retail shops start at EGP 300,000 per square metre. The rate varies by floor and by the unit's position relative to the frontage and internal plazas.
The developer offers three systems: 10% down payment over 5 years, 20% over 6 years, or 30% over 7 years. The booking deposit is EGP 50,000 for administrative units and EGP 100,000 for commercial units.
An investor purchases a 50% stake in a commercial unit while Serac Developments retains the other half and manages its operation within the mall's tenant mix. This halves the capital required to enter the commercial component.
Market estimates point to an annual rental yield between 10% and 14%, with projected price-per-metre growth of 15% to 25% over three years. These remain estimates tied to actual occupancy once the mall is operational.
The project includes 320 administrative units with private terraces and 50 retail shops, plus units allocated to restaurants and cafés on the ground floor. Administrative units start from 45 sqm and commercial units from 60 sqm.
The project consists of 5 separate buildings rising from G+2 to G+5, with 7 main entrances, 10 elevators and 6 escalators. The built-up ratio does not exceed 40% of the total 16,000 sqm land area.
The developer has set a delivery period of 4 years from the contract date. The finishing standard is defined in the contract according to unit type and intended activity.
It sits at the intersection of North 90th Street and Nasr Street in the North Lotus district of the Fifth Settlement, with a 350-metre frontage. It is 12 minutes from the American University in Cairo and 15 minutes from Cairo Festival City Mall.
For the latest prices, available unit sizes and to arrange a site visit, contact +201118183030 available daily from 10:00 AM to 10:00 PM.
To enquire about Serac Developments projects and the payment plans available across its portfolio, contact +201118183030
