Evet Mall New Capital is the second commercial investment by Empire State Developments, strategically positioned at the heart of MU12, the intersection of Mohammed Bin Zayed South Axis and the Central Axis in the New Administrative Capital.
The project offers commercial units starting from EGP 4,784,400 with a 10% down payment and installments extending up to 10 years, designed by renowned architect Moharram Bakhoum on a G+4 structure with rooftop.
The mall is entirely commercial, no residential or administrative mix, featuring Retail units, F&B, a dedicated Food Court, the first Arcade Hub in the area on the fourth floor, and a rooftop gym with Selfie Zone.
Only two minutes from the gates of the New Administrative Capital, Evet Mall sits between the R4 and R5 residential districts, drawing on an existing population base rather than future projections.
Empire State Developments chose the name Evet from the Turkish language, where it means “Yes” in its strongest affirmative form. The name reflects the developer’s core philosophy, saying yes to every ambition an investor or business owner might hold within the New Administrative Capital.
This philosophy carries through the project’s official marketing taglines: “Say Yes to Luxury,”“Say Yes to Leisure,” and “Say Yes to Unrivaled Life,” all of which appear prominently across the developer’s official channels and project materials, tying the brand identity directly to a no-compromise retail and entertainment experience.
A Detailed Overview of Evet Mall New Capital
Evet Mall stands as one of the most carefully positioned commercial projects in MU12, designed from inception as a fully commercial and entertainment destination with zero overlap with residential or office activities.
This singular focus gives every unit real investment value from day one of operation, free from the conflicting demands that typically dilute mixed-use projects.
The developer based the project’s location strategy on actual market data, prioritizing proximity to existing residential density and student populations, particularly the neighboring R4 and R5 districts and two international universities, rather than betting on future absorption.
From an architectural standpoint, Empire State entrusted the design to Egyptian consultant Moharram Bakhoum, whose office shaped the project around a G+4 structure with five levels plus rooftop. Each level serves a specific function: the ground floor is split between F&B units with indoor and outdoor seating and Retail shops with direct street frontage.
The first and second floors host smaller Retail units arranged for clear visibility and easy navigation. The third floor is dedicated to the Food Court, with quick-service restaurants and seating designed around visitor flow patterns.
The entire fourth floor houses Arcade Hub, the first dedicated indoor entertainment center in the immediate area.
This vertical layout reflects a deliberate strategy to keep visitors engaged across multiple floors and time slots, rather than concentrating traffic on the ground level alone. The rooftop reinforces this approach with a panoramic gym and a Selfie Zone designed for events and gatherings.
Empire State also moved early on tenant acquisition, securing initial agreements with brands including Poetry Cafe and Second Cup, which guarantees actual operation at opening rather than a quiet handover phase common to other projects in the area.
The project sits on a total area of 4,800 m² with a prominent façade spanning between 50 and 60 meters along a main street and a public square. Technical features include smart entry gates with facial recognition, AI-driven lighting and cooling systems for energy efficiency, and integrated 24-hour security infrastructure.
Evet Mall New Capital Quick Details Table
Item
Details
Project Name
Evet Mall New Capital
Developer
Empire State Developments
Company Leadership
Eng. Mostafa Mohsen, Chairman of the Board
Location
New Administrative Capital, MU12, Intersection of Mohammed Bin Zayed South Axis and Central Axis
Evet Mall occupies a pivotal position within MU12, the commercial zone of the New Administrative Capital, at the intersection of Mohammed Bin Zayed South Axis and the Central Axis.
This positions the mall just two minutes from the main gates of the New Administrative Capital. The strength of the location comes from being surrounded by actual, occupied residential density, particularly the R4 district by Talaat Moustafa and the neighboring R5, alongside Hertfordshire University Britain and the German International University.
Together these create a daily flow of residents, students, and staff that doesn’t depend on future delivery schedules.
The project also benefits from MU12’s completed infrastructure, paved roads, and quick-access axes connecting it to all neighborhoods of the New Administrative Capital and the entrance to New Cairo.
For more information about other projects in the area, visit the New Administrative Capital projects page.
Nearby Landmarks to Evet Mall New Capital
Landmark
Distance from Mall
Gates of the New Administrative Capital
2 minutes
Hertfordshire University Britain
1 minute
R4 and R5 Residential Districts
3 minutes
Al-Fattah Al-Aleem Mosque
3 minutes
German International University
5 minutes
Air Defense House & Tiba Rose Hotel
Direct view
Green River & Al-Masa Hotel
7 minutes
The Iconic Tower
8 minutes
Central Park
10 minutes
New Cairo Entrance
20 minutes
Neighboring Malls and Projects to Evet Mall
Evet Mall benefits from being situated among several major commercial projects within the New Administrative Capital, reinforcing the area’s identity as an active investment hub. Here are the most notable neighboring commercial projects:
Evolve Tower Mall: A commercial and administrative project in the Central Business District (CBD) offering flexible unit sizes and competitive per-meter pricing for both commercial and administrative spaces.
Sam Wave Mall: A commercial mall with a contemporary architectural design in a prime location within the New Administrative Capital, featuring flexible payment plans for business owners.
Wujha Mall: A mixed-use mall combining commercial, administrative, and medical units under one development with a design built around the concept of a complete destination.
Entrada Avenue Mall: An avenue-style commercial project with Retail and F&B units and façades opening onto the main squares of the New Capital.
Bema Mall: A commercial and administrative mall in a strategic position with an architectural design that supports a wide variety of business activities.
Unit Types, Sizes and Prices in Evet Mall
Empire State distributed the units across the five levels using a function-driven layout that pairs each business activity with the floor best suited to it. Lower floors are dedicated to high-traffic activities like F&B and retail, while upper floors house entertainment and Food Court units.
Pricing reflects this layout, decreasing from the ground floor upward based on the location’s commercial value within the building and the type of activity permitted on each level.
Unit Type
Floor
Size (m²)
Starting Price
F&B (Restaurants & Cafés)
Ground
45 m² indoor + 17 m² outdoor
EGP 15,500,000
Retail (Commercial shops)
Ground
28.14 m²
EGP 8,129,336
Retail (Commercial shops)
First
24.40 m²
EGP 5,828,892
Retail (Commercial shops)
Second
18 m²
EGP 4,784,400
Food Court
Third
24.18 m²
EGP 6,045,000
Price per square meter inside the project ranges between EGP 238,000 and EGP 290,000, varying by floor and activity. Ground floor units carry the highest pricing thanks to direct façade exposure and elevated foot traffic, while upper floors open the door for investors with smaller capital budgets.
All listed prices apply to the installment system; additional cash discounts of up to 40% are available on direct payment.
Payment and Installment Systems in Evet Mall
Empire State designed three distinct payment systems to accommodate different investor profiles, ranging from low-down-payment long-term installments to cash-based plans with significant discounts. Each investor can select the structure that best matches their capital strategy and expected return horizon.
System One: 10% Down Payment
Installment Period
Discount
Additional Payments
10 years
10%
10% payment after 3 years
9 years
13%
5% payment after 3 years
8 years
15%
—
7 years
17%
—
6 years
20%
—
5 years
23%
—
System Two: 15% Down Payment
Installment Period
Discount
6 years
30%
5 years
35%
System Three: Cash Installments over 5 Years
Down Payment
Installment Period
Discount
15%
5 years
35%
20%
5 years
40%
All three systems include a reservation deposit set according to the unit type and size, along with maintenance fees and an operational deposit defined by the sales team based on the selected package.
To choose the most suitable plan for your budget, get in touch with the Real Estate Capsule sales team for the latest updates and offers available on the project.
Evet Mall units are delivered on a Core & Shell basis, meaning each unit is handed over with its complete structural shell, external façades, and essential utilities including electricity, water, sewage, and central air conditioning, while the interior finishing is left to the investor to match their specific business identity.
This delivery format gives every investor full freedom to design the space around the operational requirements of their activity, which is especially important given that Retail, F&B, and Food Court units carry very different layout demands.
Empire State plans to deliver the project’s units in phases, with the lower floors operational first to drive early foot traffic, followed by the upper floors and Arcade Hub.
For exact delivery timelines tied to a specific floor or unit type, direct contact with the sales team is recommended to obtain the most current schedule.
Services and Amenities in Evet Mall
The project doesn’t limit itself to the standard amenities of any commercial mall, it layers in several distinctive elements that raise unit value and strengthen the visitor experience:
Engineering Consultant: Moharram Bakhoum
Empire State entrusted the project’s design to Moharram Bakhoum, one of the most prominent architectural consultants in the Egyptian market, with a portfolio spanning numerous major commercial and administrative projects in New Cairo and the New Administrative Capital.
The consultant’s approach is reflected in the project’s tight functional zoning, the seamless link between the external façade and internal visitor flow, and the meticulous use of the 4,800 m² total area to maximize unit value without crowding.
Arcade Hub, First Entertainment Destination in the Area
Empire State dedicated the entire fourth floor to Arcade Hub, positioned as the first dedicated entertainment center within MU12 and its immediate surroundings. The Hub features interactive games covering all age groups, along with a dedicated area for younger guests built around high safety standards.
As a central traffic driver, Arcade Hub keeps the project active through weekdays and weekends, directly benefiting F&B and retail units on the lower floors through cross-traffic.
Rooftop Gym and Selfie Zone
The rooftop hosts a fully equipped gym with panoramic views over the Central Axis and the surrounding urban landscape of the New Administrative Capital, paired with a Selfie Zone designed for events and social gatherings.
Combining daily fitness activity with rentable event space creates an additional revenue layer for the project and raises visit frequency, both of which strengthen the long-term sustainability of mall traffic throughout the year.
Smart Building Systems
The project incorporates intelligent building technologies, including electronic entry gates with facial recognition for entry and exit, AI-driven lighting and cooling systems engineered to reduce energy consumption, and integrated 24-hour security and surveillance infrastructure.
These systems reduce operating costs for unit owners while elevating the visitor experience, two factors that translate directly into the investment value of each unit.
Essential Services in Evet Mall
Category
Available Services
General Utilities
Panoramic elevators, escalators, central air conditioning, backup generators, high-speed internet
Evet Mall offers a carefully balanced investment equation that sets it apart from other commercial projects within MU12 and the broader New Administrative Capital. This equation rests on several measurable factors, not just marketing claims:
Existing Foot Traffic Base: The mall is surrounded by occupied residential density in R4 and R5, multiple delivered compounds, and two international universities (Hertfordshire and German International) drawing thousands of students daily. This creates an actual customer base rather than a projected one.
Early Operation and Brand Partnerships: Early agreements with brands like Poetry Cafe and Second Cup ensure the mall opens as an active destination rather than going through the quiet handover phase that hurts many newly delivered projects, protecting investors from extended vacancy periods.
Price and Size Diversity: Prices start at EGP 4,784,400 for an 18 m² Retail unit on the second floor, scaling up to EGP 15,500,000 for a ground-floor F&B unit totaling 62 m², opening the door to small, mid-size, and larger investors within the same project.
Entertainment-Driven Differentiation: The full Arcade Hub floor, rooftop gym, and Selfie Zone elevate the mall beyond a standard shopping center into a family destination, which extends average visit duration and increases monthly visit frequency per customer, both direct drivers of unit revenue.
Flexible Payment Plans with Real Discounts: Installments up to 10 years with a 10% down payment, plus cash discounts reaching 40%, provide multiple investment paths to fit each investor’s capital strategy.
Why Invest in the New Administrative Capital?
The New Administrative Capital stands as Egypt’s most prominent investment engine over recent years, supported by completed infrastructure, the relocation of government ministries and headquarters, the opening of the monorail line, and major landmark projects like The Iconic Tower and the Diplomatic District.
These factors combine to drive continuous appreciation in commercial and administrative real estate values within the city, particularly in areas with established residential density like MU12, which sits between the R4 and R5 districts.
This combination makes investing in commercial malls within the area a strategic bet on long-term growth, backed by clear infrastructure and government planning.
About Empire State Developments
Empire State Developments is one of the leading companies in the Egyptian real estate market, part of Empire Group, which carries over 33 years of experience across multiple industries spanning real estate development, contracting, electromechanical works, and furniture manufacturing.
The company is led by Eng. Mostafa Mohsen as Chairman of the Board, who oversees an ambitious expansion plan targeting EGP 17 billion in real estate investment over the next three years.
The plan includes expansion into West Cairo through New Zayed and New Sphinx, entry into the Saudi market via a residential compound in Diyar Al-Forsan district through a partnership with Saudi investors, and acquiring additional land in the New Administrative Capital to grow the company’s project portfolio.
Empire Group’s roots trace back to 1989, when Eng. Mahmoud El-Seraj founded Al-Hamd Contracting, the parent contracting company that worked across contracting and electromechanical sectors and delivered over 500 projects across the Middle East over the following decades.
The group later expanded into the furniture industry with Empire Furniture, established in 2001 as a specialized wood manufacturing facility that still operates today.
The real estate development arm, Empire State Developments, followed, building a portfolio of major commercial and resort projects in Egypt and beyond, with strategic partnerships that reflect the company’s standing in the regional market.
Other Empire State Developments Projects on Our Site
Empire State’s portfolio extends beyond commercial malls to luxury residential projects and commercial centers across multiple locations. Here are the company’s most notable projects currently available on Real Estate Capsule:
Upmount Compound New Capital: A residential project in the R8 district featuring units with premium finishing and flexible payment plans, reflecting the company’s strategic expansion into the residential sector within the New Administrative Capital.
Centro Clavo Mall 5th Settlement: A commercial project in New Cairo offering commercial units in varied sizes within a prime location in the 5th Settlement area.
Book Your Investment Unit in Evet Mall New Capital
Evet Mall New Capital offers an integrated investment proposition built on a clear equation:
A location surrounded by actual residential and academic density in MU12.
A design under the supervision of consultant Moharram Bakhoum.
Early operation through brand partnerships.
A range of unit sizes and prices that accommodate every budget.
Flexible payment plans reaching 10 years with cash discounts up to 40%.
For the latest prices, available payment plans, and to schedule a site visit, contact the Real Estate Capsule sales team at the Evet Mall New Capital hotline: +201118183030
Evet Mall is located in MU12 of the New Administrative Capital, at the intersection of Mohammed Bin Zayed South Axis and the Central Axis, just two minutes from the gates of the New Administrative Capital.
Who is the developer of Evet Mall?
Empire State Developments, part of Empire Group, with over 33 years of experience. The company is led by Eng. Mostafa Mohsen as Chairman of the Board.
What is the minimum unit size in Evet Mall?
Units start from 18 m² on the second floor for Retail shops and reach up to 62 m² for ground-floor F&B units (45 m² indoor + 17 m² outdoor).
What are the prices in Evet Mall New Capital?
Unit prices start from EGP 4,784,400 for an 18 m² unit on the second floor, with the price per square meter ranging between EGP 238,000 and EGP 290,000 depending on the floor and activity.
What are the payment plans in Evet Mall?
Three systems are available: 10% down payment with installments up to 10 years and discounts up to 23%; 15% down payment with 5-6 year installments and discounts up to 35%; and a cash installment plan over 5 years with discounts reaching 40%.
Who is the engineering consultant for Evet Mall?
Moharram Bakhoum, one of the most prominent architectural consultants in the Egyptian market, with a substantial portfolio of major commercial and administrative projects.
What type of finishing does Evet Mall offer?
Units are delivered on a Core & Shell basis, meaning the structural shell, external façades, and essential utilities (electricity, water, central A/C) are included, while interior finishing is left to the investor to match their specific business activity.
What are the unique features of Arcade Hub at Evet Mall?
The entire fourth floor is dedicated to Arcade Hub, the first dedicated indoor entertainment center in the MU12 area. It features interactive games for all ages and a safe play area for younger guests, acting as a primary driver of family foot traffic throughout the week.
What is Evet Mall hotline?
Evet Mall New Capital hotline is +201118183030, available daily from 10 AM to 10 PM for inquiries about prices, payment plans, and site visits.
What is Empire State Developments hotline?
Empire State Developments hotline is +201118183030 for inquiries about all the company's projects in the New Administrative Capital, New Cairo, and Ras Sudr.
What is the sales number of Empire State Developments?
To contact the company's sales team and inquire about its other projects, call: +201118183030
What is the sales number of Evet Mall?
To book and inquire about the available units, latest prices and payment plans in Evet Mall, contact the sales team at: +201118183030
M.Ezz — real estate content editor at Real Estate Capsule since early 2024, with more than 270 published projects, each in parallel Arabic and English editions. He specializes in East Cairo — Fifth Settlement, New Cairo, and Sixth Settlement compounds and malls, plus Mostakbal City — with regular coverage of North Coast villages. He writes areas, prices, and payment plans from developer data, and his articles are reviewed by Shady El-Marassi before publication.
