| Developer | Memaar Al Ashraaf Developments |
|---|---|
| Location | Obour City |
| Prices start from | 1335000 EGP |
| Unit areas | 15 m² to 42 m² |
| Down payment | 20% |
| Installments | 5 Years |
| Delivery date | 2027 |
| Unit types | Admin Office , Clinics , Shops , |
Icon Mall Obour City represents one of the latest and largest investment launches in New Obour City. This mixed-use development is designed to establish a fully integrated commercial hub that serves a wide segment of residents and investors across East Cairo.
Developed by Memaar Al Ashraaf Developments, the Icon Mall Obour City reflects a commitment to international standards of design and quality, delivering an exceptional shopping, business, and entertainment experience. Icon Mall Obour stands as a unique investment destination tailored to meet the evolving demands of the modern market.
Prime Location & Project Overview
Strategic Location: Situated in the heart of District 14, New Obour City, one of the fastest-growing areas with high population density, ensuring strong and continuous demand.
Massive Development Scale: Some sources indicate that the project is part of a large-scale development reaching up to 400 acres, highlighting its position as one of the first fully integrated commercial hubs of this scale in the area.
Icon Mall Obour City Structure: The mall consists of a ground floor and three upper floors, carefully designed to accommodate a variety of investment activities.
Mixed-Use Concept: Includes retail units, administrative offices, and medical clinics, creating a self-sustained destination for shopping, services, and healthcare.
Investment Value
Icon Mall Obour City is set to become the leading destination for shopping, entertainment, and services in New Obour City, thanks to its prime location, large-scale development, and competitive pricing.
It represents a strong addition to the portfolio of Memaar Al Ashraaf Developments and offers investors a high-potential opportunity for sustainable growth and long-term returns.
Developer of Icon Mall Obour City

Icon Mall Obour City is developed by Memaar Al Ashraaf Developments, a leading real estate company with over 40 years of experience in construction and property development across Egypt.
Leadership & Expertise
- Rich Legacy: With more than four decades of experience, the company has successfully delivered around 100 residential and commercial projects, contributing to the development of both established and emerging areas across Greater Cairo.
- Strategic Vision: Memaar Al Ashraaf focuses on selecting high-density, high-demand locations, ensuring maximum occupancy rates and strong investment returns for investors in Icon Mall Obour.
- Proven Track Record: The company’s portfolio includes prominent developments such as Al Hurriyah Malls and NXT Mall Obour, as well as The Core Mall in New Cairo, in addition to several residential projects in Al Narges and Al Andalus districts.
Notable Projects by Memaar Al Ashraaf

Commercial Projects in Obour:
- Al Hurriyah Malls (1, 2, 3)
- NXT Mall Obour
- Jazb Plaza Mall
- Rakan Mall Obour
Projects in New Cairo:
- The Core Mall
- Millennium Mall
Residential Developments:
- Rivel Compound Obour
- Projects in Beit El Watan, Al Andalus, and Al Narges
With its extensive experience, strong market presence, and strategic approach, Memaar Al Ashraaf Developments ensures that Icon Mall Obour stands as a reliable, high-potential investment opportunity in one of the fastest-growing areas in Egypt.
Architectural Design & Total Area – Icon Mall Obour City
Icon Mall Obour City is thoughtfully designed as a modern mixed-use destination, integrating retail, administrative, and medical spaces to meet diverse business needs in a dynamic environment.
Urban Layout
- Mall Structure: The Icon Mall Obour City consists of a ground floor and three upper floors, making it an ideal layout for commercial, administrative, and medical activities.
- Open Spaces: The Icon Mall Obour City is surrounded by green areas and landscaped zones, creating a comfortable and inviting atmosphere for both visitors and employees.
- Functional Zoning: The ground and first floors are primarily dedicated to retail units, while the upper floors are allocated to administrative offices and medical clinics, ensuring privacy and a quiet working environment.
Discover :
Unit Types & Sizes – Icon Mall Obour

Icon Mall Obour City offers a well-planned variety of unit types to suit different investment purposes:
- Retail Units: Starting from 15 m² up to 42 m² in the first phase, ideal for shops and small businesses.
- Administrative & Medical Units: Starting from 41 m² and above, designed to accommodate offices and clinics with flexibility.
- Finishing System: Units are primarily delivered in Core & Shell condition, allowing investors to customize interiors according to their brand identity and operational needs.
Discover : Rakan Mall Obour
Facilities & Services – Icon Mall Obour
Icon Mall Obour City offers a fully integrated range of services designed to ensure seamless operations and maximize investment success:
- Security & Infrastructure: A comprehensive 24/7 security system, advanced CCTV surveillance, backup power generators, and modern fire-fighting systems.
- Logistical Facilities: High-tech escalators and elevators for smooth movement between floors, along with spacious parking areas to accommodate visitors and staff.
- Additional Services: Regular maintenance and cleaning services, high-speed internet connectivity, and fully equipped meeting rooms tailored for entrepreneurs and businesses.
- Leisure & Dining: A wide selection of local and international restaurants and cafés, offering a complete lifestyle and entertainment experience.
Discover : Serenity Obour Compound
Key Advantages – Icon Mall Obour
- Prime Location: Strategically located on the main Obour axis in District 14, making it a major attraction point with high visibility.
- Trusted Developer: Developed by Memaar Al Ashraaf, with over 40 years of experience in the real estate sector.
- Diverse Investment Options: Offers retail, administrative, and medical units, ensuring high occupancy rates and operational efficiency.
- Competitive Pricing: Attractive pricing compared to the prime location and surrounding population density.
- Flexible Payment Plans: Easy installment options over 4 to 5 years, with a down payment starting from 20%.
Pricing & Payment Plans – Icon Mall Obour City

- Starting Price per Square Meter: Retail units start from approximately EGP 60,000 per m², providing strong value for investment.
- Initial Unit Prices: Units start from around EGP 1,335,000, making it suitable for a wide range of investors.
Booking & Payment Plans – Icon Mall Obour
- Down Payment: Starting from 20% to 25% of the total unit price.
- Installments: The remaining balance can be paid over 4 to 5 years in equal, flexible installments.
- Delivery Timeline: Units are scheduled for delivery within 3 to 4 years, with an expected handover in 2027.
Discover : Compound Reveal Obour City
Investment Value – Icon Mall Obour
Icon Mall Obour stands out as one of the top investment opportunities in New Obour City, backed by over 40 years of expertise from Memaar Al Ashraaf Developments.
The project is designed to be a fully integrated, self-sustained hub, serving a large and growing population while benefiting from its prime location on the main Obour axis in District 14.
What truly sets Icon Mall Obour apart is its ability to combine:
- Functional diversity (retail, administrative, and medical units)
- Modern architectural design
- Highly competitive pricing
With flexible installment plans extending up to 5 years and accessible down payments, the project offers investors and business owners the opportunity to achieve high occupancy rates and strong financial returns in one of the fastest-growing areas in East Cairo.
Icon Mall Obour is not just an investment—it’s your strategic gateway to a successful future.