Project Details
Starting Price
Unit Size (m²)
Description
If you are looking for the most prominent investment opportunity in the heart of the new coastal cities, Open Way Mall in New Damietta opens the doors to your commercial and recreational future.
Presented by Emarrak Developments and under the supervision of engineering consultant Mohamed Hafez, this massive project grants you a unique location ensuring the highest return and commercial visibility rates amidst the largest population density.
Contact us now via WhatsApp in New Mansoura to get the available unit details and the complete project brochure, and start your successful investment with us today!
Overview of Open Way Mall
Open Way Mall stands out as a leading commercial and recreational destination in the city, skillfully blending contemporary architecture with innovative practical functions.
It is designed to create a vibrant environment meeting the aspirations of visitors and investors, offering an integrated shopping and leisure experience that redefines commercial concepts in the region.
Location of Open Way Mall
The project is strategically located in the heart of New Damietta City, specifically in the Central District (C), directly on El-Estad Street.
It enjoys proximity to the largest population density in the Third and Fifth Districts, and is located directly in front of the Third District services center, ensuring the highest rates of vitality, commercial visibility, and easy accessibility.
Open Way Mall Master Plan
The engineering planning of the project, presented by Emarrak Development, relies on a flexible and dynamic design that clearly links open spaces with functional sectors.
Designed under the supervision of engineering consultant Mohamed Hafez, the building consists of two basement floors (the first dedicated to car parking, and the second to the plaza, hypermarket, and entertainment activities), a ground floor, a first floor, and a second floor for shops and commercial units, in addition to a roof floor dedicated to recreational services.
The master plan also includes a wide central plaza and movement corridors facilitating visitor flow across various parts of the mall.
Area of Open Way New Damietta Mall
The mall spans a total area of approximately 13,000 square meters. Construction and building percentages account for about 40% of the total area, while the remaining spaces are allocated for services, landscaping, and open areas, with a project loading rate of 20%.
General Project Space Details
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The smallest unit space in the entire project starts from 14 square meters (located on the ground and first floors within specific sectors designated for small shops).
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Ground floor total spaces range across various options (such as 21 m², 22 m², 27 m², and 31 m²), reaching up to 100 square meters or more, such as units starting from 81 m² up to 91 m², in addition to major units reaching an area of 445 square meters in key sectors.
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First-floor spaces for small shops range from 15 square meters up to major spaces, such as large shops reaching up to 445 square meters, while other sectors feature spaces ranging between 43 and 148 square meters.
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The project includes major service and recreational spaces, such as a hypermarket (3,005 square meters) and a cinema complex (1,198 square meters).
Available Services in Open Way Mall
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A massive hypermarket spanning approximately 3,005 square meters to meet all consumer needs.
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A cinema complex equipped with the latest technologies covering approximately 1,198 square meters.
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A restaurant and café area offering distinct views and diverse spaces starting from 210 square meters and above.
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A basement floor entirely dedicated to spacious, smart car parking to serve visitors and investors.
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A roof floor featuring integrated recreational areas and a central plaza connecting different parts of the mall flexibly.
Types of Units in Open Way Mall New Damietta
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Retail shops are distributed across the ground, first, and second floors with various spaces and sectors.
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Recreational and service units including the hypermarket and cinema complex.
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Cafés and restaurants are distributed on the second floor and lower levels.
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Diverse investment units and activities (commercial, administrative, and recreational).
Unit Prices and Payment Systems Available in Open Way Mall New Damietta
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Ground Floor: Available unit spaces start from 31 square meters, with the price per square meter ranging between 175,000 and 215,000.
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First Floor: Available unit spaces start from 31 square meters, with the price per square meter ranging between 90,000 and 95,000.
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Second Floor: Available unit spaces start from 34 square meters, with the price per square meter ranging between 70,000 and 75,000.
Payment and Settlement Systems
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Pay a 10% down payment followed by another 10% after 3 months.
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Option to install the remainder over periods extending up to 4 years.
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Special 25% discount on cash payments.
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Units are delivered (red brick finishing) within 3 years.
Overview of Emarrak Development
Emarrak Development is one of the leading real estate companies that has successfully proven its strength in the Delta region and Egypt's new coastal cities, such as New Mansoura, New Damietta, and Mansoura.
The company adopts the slogan "A History of Trust" and bases its identity on strict commitment to actual execution and timelines.
The company's journey began more than 25 years ago in the Kingdom of Saudi Arabia as a general contractor executing massive infrastructure projects, roads, public parks, and sports cities exceeding a value of 700 million Saudi Riyals, earning a second-class classification in general contracting from the Saudi Ministry of Municipal and Rural Affairs and Housing.
Later, the company transferred its weight and engineering expertise to the Egyptian market, specializing in integrated coastal, commercial, and medical real estate development projects, boasting a portfolio of over 25 projects between delivered developments and those under construction, with estimated investments totaling around 8 billion Egyptian Pounds.
Portfolio of Emarrak Developments
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Sea Gate Mall: The first integrated commercial and administrative mall featuring a direct panoramic view of the Mediterranean Sea corniche in New Mansoura City, distinguished by flexible payment plans offered under the motto "With Every Brick Your Installments Are Calculated," with the company officially contracting an international firm Accord, for its management and operation to provide sustainable operational value.
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Palm Residence: A luxury residential project featuring villas and townhouses with high-end finishes, an integrated landscape, and swimming pools near the city's main axes.
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Health Capital Mall: Considered the first and largest integrated medical and administrative edifice in the heart of Mansoura City, executed in a vital strategic location on the Nile (in the Happy Land Square area) through an alliance and strategic partnership with the Egyptian Ministry of Transportation.
Leave your details now to get a dedicated custom engineering and investment consultation, allowing you to choose the optimal unit and explore all details of Open Way Mall New Damietta.
Location
Available Properties
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Open Way Mall New Damietta | Emarrak Development!

