ICON Mall Memaar puts your next investment unit in the heart of Obour City, with 6 units for sale comprising 3 retail shops and 3 administrative units, priced from EGP 3,500,000 up to EGP 7,100,000 to suit a range of budgets and business sizes.
Units listed for sale at ICON Mall Memaar start from EGP 3,500,000 and reach EGP 7,100,000, varying with unit type, size and position inside the project — direct-frontage and ground-floor units carry the highest value because they lease fastest and return the most. Talk to us and we will shortlist the unit that fits your budget.
| Unit type | Count | From | Up to | Sizes |
|---|---|---|---|---|
| retail shops | 3 | 3,500,000 EGP | 5,500,000 EGP | 15–34 m² |
| administrative units | 3 | 6,000,000 EGP | 7,100,000 EGP | 40–50 m² |
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| Type | Size | Price | Per m² | Finishing |
|---|---|---|---|---|
| Retail shop | 15 m² | 3,500,000 EGP | 233,333 | not stated |
| Retail shop | 20 m² | 4,000,000 EGP | 200,000 | not stated |
| Retail shop | 34 m² | 5,500,000 EGP | 161,765 | not stated |
| Administrative unit | 40 m² | 6,000,000 EGP | 150,000 | not stated |
| Administrative unit | 41 m² | 6,550,000 EGP | 159,756 | not stated |
| Administrative unit | 50 m² | 7,100,000 EGP | 142,000 | not stated |
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ICON Mall Memaar in Obour City, developed by Memaar El Ashraf Development, offers you 6 units for sale across a range of sizes and prices to suit any business.
District 14 of New Obour City is filling in fast — upscale residential communities, new infrastructure, and daily traffic that lives there rather than visits. In it, Memaar El Ashraf Development launched ICON Mall Memaar, a commercial and administrative address reachable from every direction.
Six units are available to reserve today: three shops starting at 15 square metres and three offices reaching 50 square metres. Handover is recorded for 2028.
The number that stands out is the entry point — 3,500,000 EGP for the smallest shop. Read the sections below in order before deciding; the small footprint here is a design decision serving particular activities, not a shortfall.
The project sits inside District 14, a district with rapid urban development and well-built infrastructure around it. What surrounds it:
What does that mean for a shop owner? Footfall does not wait for a season or an occasion — it comes from residents moving daily within a narrow radius of home. Compare that with a project depending on visitors from outside the city and you see why this district was chosen.
The building is a ground floor with three repeated floors above it, with open spaces and glass facades pushing daylight deep into the corridors, and calm exterior colours that keep the look contemporary without visual noise.
Inside, units are distributed across the floors so movement between stores stays easy, with designated seating and rest areas. Enjoy a layout that keeps a visitor in the building longer, which shows up directly in retail takings.
Activities are split vertically: retail on the lower floors, offices on the second and third. On offer now:
The compact sizing is deliberate. Fifteen square metres suits quick display and direct selling; 34 takes an internal division and a small store room. The 40 to 50 metre office band fits a small team or a branch of an existing company. Choose the size your activity actually needs, not the dearest one.
Prices open low against unit size and activity:
Two payment systems are offered: 20% of the total value down with the balance over four years, or reserving with 25% down and the remainder over five years. The first cuts what you hand over at contract, the second spreads the instalment further. Work out which fits your revenue cycle, then ask the sales desk for the contract detail.
Memaar El Ashraf equipped the project for visitor and unit owner alike:
The clear reservation is the wait: handover is recorded for 2028, so anyone wanting to open this year will not find it here. The release is also narrow — six units across two activities, with nothing medical in this batch. Against that, an entry point of 3,500,000 EGP for a 15 square metre shop puts the project within reach of an investor starting small, and the years to handover are the same years the instalment runs. Ask about later releases if your activity is medical.
The developer is Memaar El Ashraf Development, established in 1940, with upscale residential buildings and integrated commercial centres behind it. It has delivered around 100 residential and commercial projects, holds three ISO certificates, and has taken part in developing older districts such as Abbasiya and Al Azhar, as well as building in 10th of Ramadan and 6th of October.
Other projects by Memaar El Ashraf:
A shop inside an already-populated residential district, or an office on a quiet floor away from shopping traffic — both are here. The six units are still open, so move before they close and reach our sales hotline on +20 111 199 1929.
We have gathered what investors ask most before booking a unit at ICON Mall Memaar, and answered it plainly so you can decide with confidence and book your unit with peace of mind.
ICON Mall Memaar puts your next investment unit in the heart of Obour City, with 6 units for sale comprising 3 retail shops and 3 administrative units, priced from EGP 3,500,000 up to EGP 7,100,000 to suit a range of budgets and business sizes.
ICON Mall Memaar sits in Obour City, Cairo governorate, one of the districts investors target for retail and office space thanks to its access to the main road network and the footfall around it — which is what makes a unit here quicker to lease and stronger in value over time.
ICON Mall Memaar is set to welcome its owners in 2028, the announced handover date for its units. Choosing early is what secures you the best position and the best frontage inside the project before the prime units are gone, so your unit is ready to trade from or to lease out the moment you receive it.
Units listed for sale at ICON Mall Memaar start from EGP 3,500,000 and reach EGP 7,100,000, varying with unit type, size and position inside the project — direct-frontage and ground-floor units carry the highest value because they lease fastest and return the most. Talk to us and we will shortlist the unit that fits your budget.
ICON Mall Memaar comprises 3 retail shops and 3 administrative units, a mix that lets you pick the activity you want: a shop facing the footfall, an office worthy of your company name, or a clinic inside a full medical complex — each with its own sizes, licence and use.
Prices and payment plans at ICON Mall Memaar move with every new release phase, and the prime units go first. Call the sales hotline on +20 111 199 1929 for today's price and the payment plan on offer, and we will hold your unit before the next increase.
Alongside ICON Mall Memaar, Obour City offers a strong line-up of commercial and administrative projects worth seeing before you settle on one. Compare the locations, sizes and prices, and book the unit that returns the most and lets the fastest.
