The Gray Mall New Cairo by HDP Developments | Latest Updates

Directly on the Al Nasr axis frontage and next to the Attorney General’s building, The Gray Mall New Cairo stands as the first commercial, administrative, and medical project launched by HDP Developments within New Cairo, with three connected towers, each separating one activity from another.

Installment prices at the mall start from EGP 159,000/sqm with a 5% down payment and installments of up to 7 years, and it includes 175 units between retail shops, administrative offices, medical clinics, and spaces dedicated to banks and a hypermarket.

The standout feature is that the developer raised the entire building’s level 10 meters above the surrounding area, giving the units a panoramic view and a visible facade from every direction onto the axis.

The Meaning of the Name The Gray Mall

The name (The Gray) is taken from the color gray, and it isn’t a marketing choice but a literal description of the project’s visual identity.

The developer chose reflective gray glass facades that reduce heat absorption and keep the interior climate moderate year-round, and the same color then extends inside through the use of gray and white marble flooring.

The name thus became an extension of the building material itself, as a visitor recognizes The Gray Mall from its facade before reading its name sign.

A Detailed Overview of The Gray Mall Fifth Settlement

The planning of The Gray Mall began by reading the site itself before drawing any facade, as the building was carefully oriented to benefit from the northern winds to enhance natural ventilation and reduce the load on air conditioning systems in common areas.

The decision to raise the building’s level above the surrounding area then came to solve a chronic problem in malls facing fast axes, as units on the lower floors are no longer blocked by vehicle traffic, while the upper floors gained an open view onto the Al Nasr axis.

Instead of a single mass mixing activities together, the developer divided the project into three connected towers, each with a clear function, dedicating Tower A to administrative units with graduated areas suited to small and large companies alike.

Tower B represents the project’s commercial heart and includes the largest commercial areas, while Tower C is dedicated entirely to medical activities including general clinics, specialized clinics, and pharmacies.

The ground and first floors were left for retail shops across all three buildings, a distribution serving the logic of commercial traffic, as the passing shopper stays on the lower floors while an office or clinic visitor moves upward via independent elevators.

The interior design combines gray and white marble flooring with high white ceilings that enhance the sense of spaciousness, along with warm wooden details and transparent glass doors for offices that allow natural light to reach deep into the unit.

The picture is completed with outdoor green spaces, social plazas, seating areas, and an area dedicated to food trucks, turning the open spaces from a gap between buildings into additional commercial space that extends visitors’ time inside The Gray Mall.

On the execution side, HDP partnered with a consulting alliance including SK Design Group, Space Tank, KEM Consult Group, and Abou Zeid Engineering Consultants, distributing roles between architectural design, interior design, and engineering supervision.

The Gray Mall also adopted a sustainability approach through the use of solar panels feeding part of the electrical loads alongside backup generators, which lowers the operating cost for the unit owner over the long term.

The Gray Mall Fifth Settlement Details Table

To inquire about currently available units, contact The Gray Mall Fifth Settlement sales number: ‎+201118183030

The Location of The Gray Mall Fifth Settlement

The Gray Mall is located directly on Al Nasr axis, next to the Attorney General’s building and the State Lawsuits Authority, at a point that functions as a daily crossing gateway between the Fifth Settlement, Heliopolis, and Nasr City.

A location’s value for commercial activity isn’t measured by area but by the volume of daily traffic in front of the facade, and Al Nasr axis is a main traffic artery used daily by East Cairo residents commuting, giving The Gray Mall a base of passing visitors that doesn’t depend on advertising.

The steady customer base comes from the surrounding population density, as the mall stands directly facing Mountain View 1.1 Compound and Dyar Park project directly, both among the largest residential communities in the area.

The residential reach extends to include Palm Hills New Cairo Compound, Amara Residence, and Garnet Residence, in addition to employees and visitors to the neighboring government and judicial establishments, a segment looking for nearby offices, clinics, and daily services.

Landmarks and Places Near The Gray Mall

Malls and Projects Neighboring The Gray Mall

Investors in the Fifth Settlement move between a large number of commercial and administrative projects in a similar price bracket, and comparing options before booking is a key step in identifying the best fit. Among the best available options:

• Voke Mall Fifth Settlement: a commercial, administrative, and medical project by HDP on the Sadat axis, notable for being close to completion and relying on specialized management and operating companies for its commercial and medical sectors.
• Land & More Mall Fifth Settlement: offers prices starting from EGP 160,000/sqm with a 5% down payment and installments extending to 9 years, a longer payment period for those preferring a lower monthly installment.
• Elev8 Mall: a business complex with unit prices starting from EGP 7,500,000, a 10% down payment, and 7-year installments, suited to those seeking a retail shop or administrative office.
• IV Business Park Mall: targets the higher-end segment with prices starting from EGP 11,000,000, a 5% down payment, and 7-year installments.
• H:RS Business Hub Mall: an administrative and commercial complex with units starting from EGP 8,000,000, a 10% down payment, and 7-year installments, located within the same demand catchment area served by The Gray Mall.

Unit Types, Areas, and Prices at The Gray Mall Fifth Settlement

The mall includes 175 units distributed across different activities, and because prices are calculated per meter, the floor and facade determine value more than the area itself, as the ground floor overlooking the axis remains the most expensive, with value gradually decreasing on higher floors.

It should be noted that the following prices are installment system prices, not cash prices.

The total value of a unit moves within a wide range depending on activity and area, and below are the announced price ranges for each sector.

The price per meter in the project ranges between EGP 159,000 and EGP 320,000/sqm, determined within this range according to the floor, activity, and the unit’s position relative to the facade, so it’s best to request the list of available units before comparing between two similar areas.

To find out the latest prices and book a viewing, contact The Gray Mall New Cairo sales number: ‎+201118183030

Payment and Installment Systems at The Gray Mall Fifth Settlement

The developer offered more than one payment system, moving between the lowest possible down payment and the longest installment period, with a simple rule: every increase in the down payment is matched by an additional year in installments.

The reservation deposit is EGP 100,000 for units exceeding 100 sqm in area, dropping to EGP 50,000 for smaller areas, amounts deducted from the unit’s value upon completing the contract.

The cash discount, annual maintenance fees, and operating deposit are determined according to the current offer and the type of activity at the time of booking, so it’s best to request them in writing along with the price quote before signing.

Delivery Dates at The Gray Mall Fifth Settlement

Mall units are delivered during 2027, a relatively short execution cycle in the commercial market, owed to the limited size of the land and the project being executed in a single phase without time-based division.

The finishing system varies according to each activity’s nature, with retail shops and administrative offices delivered in Core & Shell condition, meaning the unit is delivered with the structural shell, facade, and only the main electrical and plumbing feed points.

This system leaves the investor or tenant complete freedom to partition and finish the unit according to their brand identity, which is preferred by brands and companies that follow a unified identity guide across all their branches.

Clinics, meanwhile, are delivered in Flexi Finishes condition, where basic work such as flooring, walls, and water supply is completed in advance while leaving the interior layout flexible, shortening the doctor’s setup time and reducing finishing costs before starting work.

All of the above can be summarized in the following table:

Services and Facilities at The Gray Mall Fifth Settlement

Services aren’t measured by their number but by their impact on operating the unit, as what matters to a shop owner is the visitor traffic in front of their storefront, and what matters to a clinic owner is their patient’s privacy. The distribution of facilities in the project was built on this distinction.

Separation of Activities with Independent Elevators and Stairs

The biggest problem in mixed-use malls is the crossing of visitor paths, as commercial crowding disturbs the calm of clinics and interrupts office focus.

That’s why the developer dedicated separate elevators and escalators for each activity entering The Gray Mall, so a clinic visitor ascends to Tower C without passing through the shops’ route, while escalators on the lower floors remain dedicated to shopping traffic, alongside service elevators for moving goods away from visitor routes.

The Mall’s Facades as Giant Advertising Screens

The facade overlooking Al Nasr axis has been leveraged as advertising space with large display screens showing the brands and shops located inside The Gray Mall.

The value of this feature is purely economic, as the unit owner gets constant exposure to the axis’s traffic without a separate external advertising cost, a strong negotiating point with any potential tenant when setting the rental value.

A Dual Power System with Solar Panels and Generators

The Gray Mall relies on solar panels feeding part of the common areas’ loads, alongside backup power generators that operate immediately upon main power outage.

This means uninterrupted operation for activities that cannot tolerate outages, such as clinics, pharmacies, and the hypermarket, while lowering the shared electricity bill the owner bears annually.

Storage and Shipping Spaces Attached to the Units

The Gray Mall provides basement storage spaces reaching 622 sqm, close to the main street route to facilitate receiving and shipping goods.

This is a rare feature among Fifth Settlement malls, as it solves the problem faced by merchants who have to rent a separate external warehouse, and it also makes The Gray Mall capable of hosting large activities such as a hypermarket and furniture and car showrooms.

The Plaza, Open Areas, and Food Truck Zone

The outdoor spaces come as social plazas and seating areas amid green landscaping, with an area dedicated to food trucks functioning as an evening attraction point.

Commercially, the role of these spaces is to extend visitors’ time inside The Gray Mall, as every additional minute a visitor spends raises the likelihood of purchasing from surrounding shops, known as the visit-to-spending conversion rate.

Core Services at The Gray Mall

Commercial Investment Advantages at The Gray Mall Fifth Settlement

The location combines passing traffic on Al Nasr axis with a steady residential base from Mountain View 1.1, Deyar Park, Amara Residence, Garnet Residence, and Palm Hills New Cairo, in addition to employees and visitors of the neighboring judicial establishments, a mix that reduces the seasonality of traffic that malls relying on a single source suffer from.

The presence of large spaces such as a 2,000 sqm hypermarket space and bank spaces from 260 to 500 sqm means the presence of large tenants who draw visitors daily, benefiting the small shop owner without them bearing the cost of attracting them.

Also, the price gap between the ground-floor price per meter of EGP 319,000 and the first-floor price per meter of EGP 159,000 exceeds double, giving the investor room to choose a unit at half the cost within the same building with the same visitor traffic as The Gray Mall.

The project doesn’t apply the GLA system, so the owner gets the full market return and negotiates the rental value directly instead of being bound to a fixed percentage for set years, an advantage whose value shows as area rents rise.

Delivery in 2027 means rent collection starts faster than projects with extended phases, raising the return calculated on the capital actually paid in the early years.

The limited supply represented by only 175 units on 7,500 sqm of land means less internal competition among owners for the same tenant, unlike massive malls that include hundreds of units in a single activity.

A bank deposit provides a fixed cash return that ends once withdrawn, while a commercial unit combines rent that can increase with every contract renewal with a real estate asset that retains its value, a fundamental difference in an environment where interest rates keep changing.

Why Invest in the Fifth Settlement ?

The Fifth Settlement represents the most active commercial market within New Cairo, as its infrastructure is already complete and it’s surrounded by a population base from the higher-purchasing-power segments.

The network of axes connecting it to the Administrative Capital and Al Mostakbal City also works to expand the visitor reach year after year, as the area becomes home to a large number of government and judicial bodies and companies.

About HDP Developments

HDP Developments is the developer executing The Gray Mall, operating as one of the investment arms of the Housing and Development Bank in the Egyptian real estate market.

The company’s roots go back to 1979 as an Egyptian joint-stock company, giving it accumulated experience exceeding four decades in urban development, with institutional backing from a banking entity that eases financing and delay risks for the client.

The company first built its reputation in the residential sector through compounds in New Cairo, Sheikh Zayed, 6th of October, and Al Mostakbal City, before expanding into the coastal sector and then into the commercial, administrative, and medical sector.

The Gray Mall represents the company’s first fully commercial project within New Cairo, which explains the scale of investment in the consulting alliance and design details, as the first project in a new sector carries a reputational value greater than its financial value.

Track Record of HDP Developments

Other HDP Developments Projects on Our Site

The company’s portfolio is spread between East Cairo, West Cairo, and the North Coast, and reading this portfolio helps investors assess the developer’s ability to keep to delivery dates.

The following are the projects with details available on the site.

• Talda Compound Al Mostakbal City is one of the company’s largest residential offerings in East Cairo, located in a fast-growing city bordering both New Cairo and the Administrative Capital.
• West View Residence Compound New Zayed represents the company’s arm in West Cairo, targeting those seeking quiet housing within the New Zayed area at a lower entry price than East Cairo.
• The Island Marina 5 Village North Coast is the company’s coastal destination in the Marina area, suited for those seeking a summer home and an investment asset at the same time.

Book Your Investment Unit at The Gray Mall Fifth Settlement

The Gray Mall combines a set of factors rarely found together in one mall within the Fifth Settlement, represented in the following points:

• A direct facade on Al Nasr axis next to judicial establishments, with an elevated level of 10 meters giving visibility from every direction.
• Full separation between commercial, administrative, and medical activities across three towers with independent elevators and stairs.
• An entry point starting from EGP 159,000/sqm with a down payment starting from 5% and installments of up to 7 years.
• Anchor units including a hypermarket and banks ensuring daily visitor traffic for the rest of the shops.
• Delivery in 2027 with no mandatory rental system, leaving the full return and freedom to lease with the owner.

Available spaces on the lower floors are limited, and prices shift with every new release, so don’t delay your decision — book your viewing today through The Gray Mall Fifth Settlement sales number: ‎+201118183030