Off-Plan
11
Hotel room for sale facing the Nile in the heart of Cairo – Giza Downtown – MR1
Novara Holding is a real estate development company led by Engineer Mohamed Shibl. Headquartered in Riyadh with a track record in both Saudi Arabia and Egypt, the company specializes in hotel, commercial, and branded residence projects located in prime areas.
The company has entered into an investment partnership with artist Mohamed Ramadan to develop real estate and hospitality projects in Cairo and Giza. This partnership encompasses two major projects: MR1 and Giza Downtown. Announced in September 2026, the partnership aims to deliver hospitality offerings featuring global brands.
Giza Downtown is a mixed-use project developed by Novara Holding in partnership with Mohamed Ramadan.
*Location:*
The project is situated on the site of the former Giza Security Directorate, directly on the Nile Corniche in Giza, covering an area of 8,000 square meters. It is located adjacent to the 108-feddan Giza Zoo and Orman Garden redevelopment project and boasts direct views of the Nile River.
Minutes away from:
The Nile Corniche; the Saudi Embassy and various other embassies and government bodies; Giza Zoo and Orman Garden; Cairo University; the Grand Egyptian Museum (15 minutes); and the Giza Pyramids (20 minutes).
The project targets a diverse demographic, including tourists, business professionals, and visitors to embassies, Cairo University, the Grand Egyptian Museum, and the Pyramids.
*Project Details:*
Land Area: 8,000 square meters.
Number of Towers: 3 towers featuring a modern glass design.
Layout: Ground floor + first floor (commercial) + 23 upper floors (hotel and branded residences). Design: The project was designed by OBMI, a global consultancy specializing in hospitality projects; their portfolio includes the Royal Mansour Morocco and The Ritz-Carlton Residences.
*Unit Types:*
Hotel rooms: Sizes ranging from 30–35 sqm; prices starting at EGP 8.5 million.
Branded Residences (MR1): Sizes ranging from 55–60 sqm; prices starting at EGP 18.5 million.
Delivered fully finished to hotel standards.
*Payment Plans:*
10% launch discount
Down payment starting at 5%
Installment plans up to 10 years
The company has entered into an investment partnership with artist Mohamed Ramadan to develop real estate and hospitality projects in Cairo and Giza. This partnership encompasses two major projects: MR1 and Giza Downtown. Announced in September 2026, the partnership aims to deliver hospitality offerings featuring global brands.
Giza Downtown is a mixed-use project developed by Novara Holding in partnership with Mohamed Ramadan.
*Location:*
The project is situated on the site of the former Giza Security Directorate, directly on the Nile Corniche in Giza, covering an area of 8,000 square meters. It is located adjacent to the 108-feddan Giza Zoo and Orman Garden redevelopment project and boasts direct views of the Nile River.
Minutes away from:
The Nile Corniche; the Saudi Embassy and various other embassies and government bodies; Giza Zoo and Orman Garden; Cairo University; the Grand Egyptian Museum (15 minutes); and the Giza Pyramids (20 minutes).
The project targets a diverse demographic, including tourists, business professionals, and visitors to embassies, Cairo University, the Grand Egyptian Museum, and the Pyramids.
*Project Details:*
Land Area: 8,000 square meters.
Number of Towers: 3 towers featuring a modern glass design.
Layout: Ground floor + first floor (commercial) + 23 upper floors (hotel and branded residences). Design: The project was designed by OBMI, a global consultancy specializing in hospitality projects; their portfolio includes the Royal Mansour Morocco and The Ritz-Carlton Residences.
*Unit Types:*
Hotel rooms: Sizes ranging from 30–35 sqm; prices starting at EGP 8.5 million.
Branded Residences (MR1): Sizes ranging from 55–60 sqm; prices starting at EGP 18.5 million.
Delivered fully finished to hotel standards.
*Payment Plans:*
10% launch discount
Down payment starting at 5%
Installment plans up to 10 years
Property Information
- TypeHotel Apartment
- PurposeFor Sale
- Reference no.Bayut - 599-jBM5Pj
- CompletionOff-Plan
- Published at27 September 2026
Features / Amenities
Swimming Pool
Jacuzzi
Sauna
Gym or Health Club
+ 2 more amenities
Trends & Indices
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
