Kor New Capital

KOR New Capital, whose name is presented as an abbreviation for “Kingdom of Rares,” is a large integrated mixed-use towers development by Arabia Developments in the Financial and Business District of Egypt’s New Capital. Officially announced in November 2025 with investments estimated at EGP 30 billion, the project is designed to combine residential living, business, retail, hospitality, and supporting services within one destination. Published information places the project’s land area between approximately 25 and 27 acres, reflecting a minor variation among available sources. The most consistent project configuration includes seven towers comprising a ground floor and 20 upper floors. These towers accommodate residential or serviced apartments, administrative offices, commercial and medical premises, hospitality facilities, and associated amenities. KOR occupies a strategic location near the Central Bank of Egypt, the monorail station, the Green River, the Iconic Tower, and major banking, governmental, and corporate institutions. The master plan reportedly incorporates a large central plaza, restaurants and cafés, landscaped outdoor areas, parking facilities, security and surveillance systems, modern elevators, and professional building management services. Certain unit categories begin from approximately 40 square metres, although final areas, specifications, and prices depend on the tower, activity, floor, and contracting date. The project is currently marketed as an under-construction mixed-use development targeting companies, investors, retailers, hospitality operators, and buyers seeking serviced or residential units in the New Capital’s principal financial hub. Several market sources indicate a planned delivery date in 2029, but the legally binding date should be verified through the developer’s reservation and sale contracts.