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Olin Mall New Cairo by Mass Developments | Latest Updates
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Project details
| Location | Fifth Settlement – Narges District – Directly on Gamal Abdel Nasser Axis |
|---|---|
| Unit areas | Starting from 30 m² |
| Start Price | 5,115,000 EGP |
| Payment Plan | 0% Down Payment , 10 Years Installments |
| Project Type | Administrative units , Commercial units , Medical units , |
| Developer | Mass Developments |
| Unit types | clinics , Commercial , offices , |
| Sales number of Mass Developments | 01118183030 (Click the number to call) |
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On a direct frontage along the Gamal Abdel Nasser Axis in the heart of Narges, Mass Developments launched its first commercial project in New Cairo, Olin Mall New Cairo, a mixed-use commercial, administrative, and medical landmark spanning 30,600 sqm, with prices starting from EGP 5,115,000, a down payment starting from 0%, and installments extending up to 10 years, interest-free.
What actually sets the project apart is entrusting its management and operation to the global company CBRE, alongside an interior design that gives every floor a ground-floor feel, equalizing unit exposure across the entire building instead of concentrating traffic on the first floor.
A Detailed Look at Olin Mall New Cairo
The concept behind Olin Mall was built around solving the oldest problem in multi-floor commercial malls — the varying unit value depending on its height above the street.
The design team adopted an interior layout that makes every floor feel like the ground floor, reducing the operational gap between a ground-floor unit and one on an upper floor.
The design was overseen by engineering consultant Nader Fouda and the firm LDP + Partners, while ACE Moharam Bakhoum handled the executive consultancy — two names with a strong presence in New Cairo and Administrative Capital projects.
This shows in the details of the glass facades covering the entire building, allowing natural light into the administrative and medical units throughout daylight hours.
The building consists of two underground floors dedicated to parking and services, followed by the ground floor and three repeated upper floors.
Activities are distributed so that retail stores and restaurants occupy the direct frontages on the axis, while administrative offices and medical clinics are spread across the upper floors with separate entrances that maintain the privacy of each activity.
The most important element in the investment equation here is the operating file — Mass Developments entrusted mall management to CBRE, one of the largest commercial real estate management companies worldwide, while leasing management and tenant mix coordination were assigned to Space Tank.
This division means brand selection within the mall follows a commercial study rather than random placement, which directly reflects on the occupancy rate and visitor traffic after operations begin.
Alongside this, the project adopted a smart building system including lighting automation, a central air renewal system, air quality and temperature management, and architectural shading elements that reduce energy consumption — items that directly factor into a tenant’s monthly operating costs and aren’t a luxury in a commercial project of this scale.
Olin Mall New Cairo Details Table
| Detail | Information |
| Project Name | Olin Mall New Cairo |
| Developer | Mass Developments |
| Company Management | Engineer Atef Manaa — Engineer Saad Manaa — Engineer George Nassehy |
| Location | Narges District — New Cairo, directly on the Gamal Abdel Nasser Axis |
| Total Area | 30,600 sqm (about 7.5 acres) |
| Number of Floors | Two underground floors + ground + 3 repeated upper floors |
| Floor Distribution | Commercial: Ground and Frontages — Administrative & Medical: Upper Floors — Services and Parking: Basement |
| Unit Types | Retail stores — Restaurants and cafes — Administrative offices — Medical clinics |
| Unit Areas | From 30 sqm to 132 sqm |
| Prices Starting From | EGP 5,115,000 |
| Price per Sqm | From 130,000 to 312,000 EGP/sqm depending on floor and activity |
| Payment Plans | Down payment from 0% and installments up to 10 years |
| Reservation Deposit | EGP 50,000 for commercial — EGP 100,000 for administrative and medical |
| Delivery Date | 3.5 years from the contract date |
| Management & Operating Company | CBRE — with leasing and tenant mix management by Space Tank |
| Engineering Consultant | Nader Fouda — LDP + Partners, and executive consultant ACE Moharam Bakhoum |
Olin Mall New Cairo Location
The project is located in the Narges district in the heart of New Cairo, specifically with a direct frontage on the Gamal Abdel Nasser Axis — an axis that has seen expansions and the construction of service bridges in recent years, making it the artery linking the south of New Cairo to the Middle Ring Road.
The real commercial value of the location doesn’t come from the frontage alone, but from the population mass it serves — the mall sits within a zone that includes around 350,000 people distributed across Narges and New Narges, the Diplomatic and Investors districts, Gardenia, West Golf, and Katameya Heights — districts with high purchasing power that clearly lack planned commercial destinations specifically on this axis.
The location is also surrounded by existing residential and commercial projects, most notably Evelyn Compound New Cairo and East Main Mall, providing a steady daily flow of resident visitors, alongside passing traffic on the axis itself to and from the Middle Ring Road.
Landmarks Near Olin Mall New Cairo
| Landmark | Distance from the Mall |
| Gamal Abdel Nasser Axis | Direct frontage — first row |
| South 90th Street | 3 minutes (about 1.5 km) |
| Air Force Specialized Hospital | 3 minutes |
| German University in Cairo (GUC) | 3 minutes |
| Ain Sokhna Road | About 3 km |
| American University in Cairo (AUC) | 6 minutes |
| Banking District | 8 minutes |
| Suez Road | About 7 km |
| Mohamed Naguib Axis | Links the location to the Middle Ring Road |
| Talaat Harb Axis | Links the location to Maadi and Mokattam |
| New Administrative Capital | About 20 minutes |
| Narges, Diplomatic, and Investors Districts | The immediately surrounding residential zone |
Malls and Neighboring Projects to Olin Mall New Cairo
Before making a purchase decision on any commercial unit, it helps to review the surrounding commercial landscape to understand the level of competition and the type of activities already established.
Below are the most notable commercial malls in New Cairo:
- City Hall 90 Mall — a commercial, administrative, and medical project by Cirac Developments on 90th Street, offering units at a price per square meter starting from EGP 155,000.
- 90 Apex Mall — by Milestone Developments, combining retail stores, offices, clinics, and hospitality units with a 10% down payment and installments up to 8 years.
- The Grid Mall — a project by Upwide Developments following an extended payment system of up to 10 years with only a 10% down payment.
- Seen Social District Mall — by Regan Developments, targeting mid-tier investors with prices starting from EGP 4,750,000.
- Begonia Walk Mall — a project by Manassat Developments including commercial and administrative units with discounts reaching up to 15%.
- Agora Mall — by Urban Lens Developments, offering shops, offices, and clinics at prices starting from EGP 8 million with a 20% down payment.
Unit Types, Areas, and Prices in Olin Mall New Cairo
The project offers three investment activities with flexible areas that can be split or combined based on tenant needs — an important feature for businesses that need future expansion. The following prices are installment prices, not cash prices:
| Unit Type | Floor / Location | Area (sqm) | Starting Price | Up To |
| Retail Stores and Restaurants | Ground Floor — Axis Frontage | 45 — 132 | EGP 9,900,000 | EGP 32,368,000 |
| Administrative Offices | Repeated Upper Floors | 30 — 82 | EGP 5,115,000 | EGP 14,256,000 |
| Clinics and Medical Centers | Repeated Upper Floors | 37 — 74 | EGP 5,500,000 | EGP 10,208,000 |
The price per square meter in Olin Mall varies by floor and activity — administrative office prices start from EGP 130,000 with an average around EGP 172,500, while clinic prices range between 135,000 and EGP 188,000 with an average of EGP 156,000.
Retail store prices start from EGP 220,000/sqm on the higher floors and reach around EGP 312,000/sqm for ground-floor units with a direct frontage on the axis.
To inquire about available units and the latest price lists, call Olin Mall New Cairo sales line: +201118183030
Payment and Installment Plans in Olin Mall New Cairo
Mass Developments offers four payment plans ranging from a zero down payment with an extended installment period to a higher down payment with distributed payments, all interest-free:
| Plan | Contract Down Payment | Additional Payments | Installment Period |
| Plan One | 0% | None | 10 years |
| Plan Two | 5% | 5% after 3 months | 6 years |
| Plan Three | 5% | 5% after 6 months + 5% after 1 year | 9 years |
| Plan Four | 10% | 5% after 1 year + 5% after 18 months | 8 years |
The reservation deposit is set at EGP 50,000 for commercial units and EGP 100,000 for administrative and medical units, deducted from the unit’s total value upon completing the contract.
The company also offered a discount of up to 10% for cash payment to mark the project’s launch — a discount tied to the first launch phase and subject to change as sales progress, while maintenance fees and the operating deposit are set in the unit contract based on activity and unit area.
Delivery Dates in Olin Mall New Cairo
Mass Developments has set the unit delivery date at 3.5 years from the contract date — a period that lets investors spread installments across the pre-operation phase without pressure on liquidity, with the option to contract early on units with premium frontages before they sell out.
Units are delivered under a Core & Shell system — meaning the structural frame, facades, and basic utilities (electricity, air conditioning, and drainage) up to the unit’s boundary — with the buyer or tenant handling interior finishing to suit their activity. This is the standard system in commercial malls, as it gives each brand the freedom to execute its visual identity within its unit.
Actual mall operations are expected to begin after delivery is complete and the tenant mix managed by Space Tank is finalized — an arrangement aimed at opening the mall with a high occupancy rate instead of gradual operation.
Services and Facilities in Olin Mall New Cairo
The project’s service file isn’t limited to conventional amenities — it includes operational elements that directly affect the unit’s rental value. Below are the most notable ones:
Management and Operation by CBRE
Having CBRE manage and operate the mall represents the biggest difference between this project and other malls offered in the area — the company is globally specialized in managing commercial assets and sets specific standards for operating hours, routine maintenance, and activity distribution within the building, reducing the chance of the mall turning into a half-operating building after handover.
Alongside it, Space Tank handles leasing management and tenant mix coordination — meaning determining which brands occupy which location within the mall. This coordination is what effectively determines visitor traffic between floors and protects investors from similar activities clustering in one space.
Smart Building System and Energy Efficiency
The project adopted full lighting automation and a central system for air renewal, air quality control, and temperature regulation, alongside architectural shading elements that reduce heat load on the glass facades — which reflects specifically on the monthly electricity bill for administrative and medical units.
The system also includes shock-resistant, noise-insulated glass, fire-fighting systems with early smoke detection, and electronic entry and exit gates — raising the building’s security rating and easing the protection of medical units that hold sensitive equipment and records.
Walking Track and Recreational Area
The developer dedicated a 125-meter walking track within Olin Mall, alongside a recreational area equipped for children, an international nursery, and a dining and cafe area — elements that extend how long visitors stay within Olin Mall, the most important indicator of any commercial destination’s success.
The project also includes a gym and fitness center, plus co-working spaces equipped with high-speed internet and furnished meeting rooms, turning the administrative floors into a complete work environment rather than just rented offices.
Core Services in Olin Mall New Cairo
| Category | Available Services |
| Operation & Management | CBRE management — tenant mix coordination by Space Tank — routine maintenance and cleaning teams |
| General Facilities | Central air conditioning and air renewal — lighting automation — panoramic elevators and entrances — independent restrooms |
| Security & Garages | Professional security team and surveillance cameras — electronic gates — two underground parking floors with car care service |
| Common Areas | Restaurant and cafe area — walking track — children’s area and nursery — green spaces |
| Support Services | Hypermarket — pharmacies — ATMs — government services — mosques — accessible pathways for people with disabilities |
Commercial Investment Advantages of Olin Mall New Cairo
The location serves a residential zone of nearly 350,000 people in districts with high purchasing power, and this figure is what effectively determines the expected occupancy rate for commercial stores, since a commercial mall doesn’t succeed on its location on the axis alone but on the number of consumers within its daily service zone.
Despite the high residential density in Narges, New Narges, and the Diplomatic district, the area lacks planned commercial destinations of Olin Mall’s scale specifically on the Gamal Abdel Nasser Axis, reducing competition intensity in Olin Mall’s first years of operation.
Also, having CBRE as operator and Space Tank as tenant mix coordinator raises the likelihood of quickly reaching high occupancy after handover — the difference that separates a rented commercial unit from one that stays vacant for years.
Likewise, having three different activities — commercial, administrative, and medical — creates traffic distributed throughout the day, with clinics operating in the evening, offices in the morning, and shops all day, reducing the risk of relying on a single visitor segment.
In addition to all this, the payment system with a 0% down payment and 10-year installments means an investor spreads their capital over a period extending six and a half years beyond the delivery date, starting to collect rent before paying off a large share of the installments — an equation not available in bank deposits, which require full capital upfront in exchange for a fixed return that doesn’t rise.
Last but not least, the wide gap between the ground-floor price per square meter and the upper floors’ price gives investors flexibility in choosing their entry point — those targeting a higher rental return go for the ground floor, while those targeting a lower entry cost with administrative or medical activity go for the upper floors.
Why Invest in New Cairo ?
New Cairo remains the most mature destination in New Cairo in terms of completed infrastructure and demand density, combining a stable residential base with a network of axes linking it to the Administrative Capital, the Middle Ring Road, and the Ain Sokhna Road — making its commercial projects less exposed to operational delay risks.
The southern part of the area, specifically New Narges, is also seeing continuous axis expansions and the construction of service bridges on the Gamal Abdel Nasser Axis, redistributing traffic flow and raising the value of frontages along it in the coming years.
About Mass Developments
Mass Developments was built on more than 20 years of experience in the development and contracting market, led by Engineer Atef Manaa alongside Engineer Saad Manaa and Engineer George Nassehy.
The company’s founders belong to families with a legacy in contracting and real estate development spanning more than 25 years — Engineer Atef Manaa is the founder of Dar El Banaa General Contracting, the International Import and Export Company, and Beit El Banaa for Modern Industries, while Engineer Saad Manaa chairs Dar El Banaa General Contracting.
The company’s founders have participated in developing a number of residential and commercial complexes in New Cairo and the New Administrative Capital with an investment portfolio of around EGP 20 billion, alongside projects in 6th of October City with a portfolio exceeding EGP 15 billion.
The company is also developing international schools in the eastern expansions of 6th of October City and New Damietta City.
Mass Developments’ Track Record
| Project / Entity | Location | Type |
| Olin Mall | Narges — New Cairo | Commercial, Administrative & Medical |
| Yardin Compound | New Cairo | Residential |
| International Schools | Eastern expansions of 6th of October and New Damietta | Educational |
| Dar El Banaa General Contracting | Greater Cairo | Contracting and execution arm |
Other Mass Developments Projects on Our Site
Mass Developments operates along two parallel tracks — residential and commercial — as shown in its portfolio, which includes Yardin Compound New Cairo, the company’s residential project, offering apartments and duplexes from 65 sqm at prices starting from EGP 2,979,000, with a 0% down payment and installments up to 10 years.
Reserve Your Investment Unit in Olin Mall New Cairo
Olin Mall combines elements rarely found together in many malls currently offered in New Cairo:
- A direct frontage on the Gamal Abdel Nasser Axis within a residential zone of nearly 350,000 people.
- Management and operation by CBRE and tenant mix coordination by Space Tank.
- Prices starting from EGP 5,115,000 with a down payment starting from 0% and installments up to 10 years, interest-free.
- Three investment activities with areas from 30 sqm, suited to different capital levels.
- A design that gives every floor a ground-floor feel, with a smart building system that lowers operating costs.
Units with direct ground-floor frontages are the fastest to sell out in this type of project, so booking an early viewing gives you the chance to choose your location ahead of others. Call now on Olin Mall New Cairo sales line: +201118183030 (available daily from 10 AM to 10 PM)
Frequently Asked Questions
The price per square meter varies depending on the floor and unit type. Administrative offices start from EGP 130,000/m², medical clinics range between EGP 135,000 and EGP 188,000/m², while retail units start from EGP 220,000/m² and reach approximately EGP 312,000/m² for ground-floor units with direct frontage.
The project offers four interest-free payment plans, including:
- 0% down payment with installments over 10 years.
- 5% down payment with installments over 6 years.
- 5% down payment with installments over 9 years.
- 10% down payment with installments over 8 years.
The mall is managed and operated by CBRE, one of the world's leading real estate management companies. Space Tank is responsible for leasing management and curating the project's retail tenant mix to ensure a balanced selection of brands.
No. Mass Developments has not announced a mandatory leaseback program or guaranteed rental returns for the project. Investment returns will depend on either direct leasing by the owner or leasing through CBRE's property management services after handover.
The development includes retail shops and restaurants ranging from 45 to 132 m², administrative offices from 30 to 82 m², and medical clinics and healthcare centers from 37 to 74 m². All unit layouts can be combined or subdivided to suit different business requirements.
All units are delivered in Core & Shell condition, including the structural framework, façades, and essential utility connections, while buyers complete the interior fit-out according to their business needs. Delivery is scheduled for three and a half years from the contract date.
The American University in Cairo (AUC) is approximately 6 minutes away, while South 90 Street is just 3 minutes away (around 1.5 km). The German University in Cairo (GUC) and Air Force Specialized Hospital are each approximately 3 minutes away, while New Cairo's banking district can be reached in about 8 minutes.
Yes. The project features two full underground levels dedicated to parking and service areas, equipped with advanced security systems, surveillance cameras, electronic access gates, and car care services.
For inquiries about available units, the latest prices, or to schedule a property viewing, contact the Olin Mall New Cairo sales hotline at +201118183030. The sales team is available daily from 10:00 AM to 10:00 PM.
For inquiries about Mass Developments' projects in New Cairo, call +201118183030.