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| Project Name | Azad Business Lounge |
| Location | New Cairo |
| Developer | TAMEER |
| Unit Types | Class A Office (Small)، Class A Office (Medium)، Class A Office (Large)، Retail Shop |
| Starting Price | 10,000,000 EGP |
| Installments up to | 5 years |
| Delivery Year | 2023 |
Azad Business Lounge is one of the most established administrative and commercial addresses inside the Azad compound in New Cairo, developed by TAMEER, Egypt's oldest housing developer with a track record dating back to 1954 and over seven decades of delivery.
Azad Business Lounge is not a residential compound. It is a delivered mixed-use commercial complex anchored in the southeast corner of the Azad compound, combining Class A offices, ground-floor retail shops, and a dedicated community center serving Azad residents and the wider Al Andalus pocket of the Fifth Settlement.
The project is fully complete and handed over since March 2023, putting it firmly in Ready-To-Move (RTM) territory. That makes Azad Business Lounge a rare proposition in New Cairo, where most current commercial offers remain off-plan with a two-to-three-year construction wait.
Azad Business Lounge targets three buyer segments: the professional seeking a Class A office between 84 and 266 sqm, the investor looking for a stable commercial yield from a delivered admin building, and the retail operator serving the 1,700 residential units sitting directly beside the lounge inside the Azad compound.
TAMEER's portfolio stretches from Masaken Sheraton Heliopolis and the Oberoi Aswan to Diar I and II in 6 October, alongside Azad Views and the adjacent Urban Business Lane commercial mega-project. That operating depth reassures Azad Business Lounge investors comparing the unit against newer launches in New Cairo.
Azad Business Lounge sits in the southeast corner of the Azad compound, inside the Al Andalus pocket of the Fifth Settlement in New Cairo, directly opposite the American University in Cairo (AUC) and adjacent to Point 90 Mall on South 90 Street.
The catchment is dense: 1,700 residential units inside the Azad compound itself, AUC students and faculty across the avenue, Point 90 visitors next door, plus residents of surrounding Al Andalus compounds. Daily traffic on South 90 Street is stable and high, which is exactly what commercial operators need.
Coordinates: 30.0190 N, 31.4914 E. You can view the exact location on the interactive map below this page, to measure Azad Business Lounge against your daily commute or your residence inside New Cairo.
Azad Business Lounge is designed by Mona Hussien Design House and Zewar Architects, the same architectural team behind the master plan of the wider Azad compound for TAMEER. The design language is industrial modern with a deliberate communal feel.
The administrative building runs an open architectural look with wide glass facades, Class A ceiling heights, and raised floors ready for IT cabling without extra tenant fit-out. This is what professional firms look for when comparing office plates in New Cairo.
The ground floor is dedicated to retail shops and the community center, with open walkways and pocket gardens between units. The layout separates retail visitor flow from the office tenant entrance upstairs in a structured way, protecting the working day rhythm of professional firms.
The upper floors hold offices ranging from 84 to 266 sqm, delivered Fully Finished and Fully Finished with AC. MEP cores are pre-installed, fiber optic runs to every unit, and partitions are configurable to the specific firm's spatial requirements at fit-out time.
Azad Business Lounge offers two principal commercial unit categories engineered for both administrative and retail use under one roof, per TAMEER's own published project specification on its official portal.
Category one: Class A administrative offices ranging from 84 to 266 sqm, suitable for small and medium professional firms, legal practices, accountants, consultancies, and clinics relying on practice-management software rather than heavy medical infrastructure.
Category two: ground-floor retail shops at flexible sizes, sized to serve the captive customer base of 1,700 Azad residents plus community-center visitors. Detailed sizes and starting prices are listed in the unit types table above this article, refreshed from the CompoundGate database.
Unit prices at Azad Business Lounge in New Cairo start at EGP 10,000,000 for the smallest 84 sqm office and reach approximately EGP 38,000,000 for the larger 266 sqm offices on the main frontage overlooking the compound entrance and the lounge plaza.
Average administrative price per sqm runs around EGP 130,000 in the resale market, with a range between EGP 115,000 and EGP 145,000 per sqm depending on the floor, the view, and the finishing tier (Fully Finished versus Fully Finished with AC).
Ground-floor retail shops on the main frontage trade at a higher per-sqm tier than offices, reflecting the advertising rights and direct visibility from South 90 Street and the compound entrance flow. This stratification is standard across New Cairo commercial buildings.
Azad Business Lounge prices vary by four factors: total unit area, floor and view, finishing level, and primary versus resale status. Contact the CompoundGate team for the latest live resale listings and any remaining primary inventory on the project.
The original payment plan at Azad Business Lounge was 20 semi-annual installments over 5 years, per TAMEER's published terms. The project was handed over in March 2023, so most current units are in the resale market and payment terms are negotiated directly with the existing owner.
On a resale unit priced at EGP 10,000,000, the common structure is a higher partial cash payment than the original primary plan, with the balance installed against the seller, or full cash with a negotiated discount. Contact CompoundGate for the latest resale listings and current Azad Business Lounge offers.
For any remaining primary inventory released by TAMEER, the original 5-year installment frame still applies subject to current company policy. Bank-backed guarantee mechanics also continue to hold for primary contracts on Azad Business Lounge, mirroring the parent Azad compound standards.
Commercial investment in Azad Business Lounge rests on four drivers. The most important: the project is already delivered and operating since March 2023 — no delivery risk, no construction wait, leasing income starts immediately after contract.
The second driver: a captive customer base of 1,700 Azad residents directly beside the lounge, plus AUC students and faculty across South 90 Street and the Point 90 Mall traffic next door. That catchment supports high lease occupancy for both offices and retail.
The third driver: daily footfall on South 90 Street is among the strongest in the Fifth Settlement, because Al Andalus is one of the most mature and built-out pockets in New Cairo. Steady weekday and weekend visitor flow sustains the ground-floor retail revenue mix.
The fourth driver: yield expectations are attractive. Class A offices in New Cairo broadly clear 8 to 11 per cent annual commercial yield, while retail shops trade in the 10 to 13 per cent band.
Azad Business Lounge sits at the upper end of that range thanks to its AUC-facing location and the fact that the project is already delivered and operating since 2023.
Versus sister TAMEER commercial projects like Urban Business Lane next door, Azad Business Lounge is the smaller and more accessible ticket — fitting the individual investor, while UBL targets corporates and institutional capital.
Azad Business Lounge is engineered as a full destination for the daily administrative tenant and the retail visitor, with operating amenities that support working professionals throughout the week and uphold Class A standards from day one of leasing.
Property management at Azad Business Lounge is handled by an in-house team from TAMEER, tasked with maintaining high tenant occupancy and consistent maintenance standards. This protects unit value over the long term and sustains the rental rate baseline across the project.
Azad Business Lounge's headline features combine the strategic AUC-facing location, industrial-modern Class A design, and the fact that the project is already delivered and operating since March 2023:
The headline drawback is limited primary inventory — Azad Business Lounge has been delivered since March 2023, so most availability is on the resale market with a possible per-sqm premium over the original TAMEER launch pricing across all unit categories.
The mitigation: a delivered and operating unit produces rental income from day one, so payback stays competitive against off-plan options that need three to four years of construction before any leasing revenue starts flowing.
A second drawback is moderate project size versus larger New Cairo malls, limiting ground-floor tenant variety. The mitigation: Azad Business Lounge is purpose-built for the Azad compound — closed customer base, stable demand, no general-footfall competition pressure.
TAMEER was founded in 1954 and is Egypt's oldest housing developer, with more than seventy years of accumulated track record. The company is listed on the Egyptian Exchange (EGX) and runs a 150-plus professional team across every segment of the real estate value chain.
TAMEER's historical landmarks include Masaken Sheraton Heliopolis (a defining residential pocket of central Cairo), the Oberoi Aswan hotel, and Diar I and II in 6 October, the latter covering 70 acres and roughly 2,300 units across its final phase.
TAMEER's New Cairo portfolio centres on the Azad compound (55 acres, 1,700 units), Azad Views, AZ Homes, and the Urban Business Lane administrative and retail complex on 155,000 sqm directly adjacent to Azad. That cluster strategy serves Azad Business Lounge investors well.
TAMEER's recent commercial track record is reinforced by delivering Azad Business Lounge on its March 2023 schedule and launching Urban Business Lane in January 2025 as part of an expansion of the company's commercial portfolio across New Cairo.
Browse the developer's other projects: All TAMEER projects on CompoundGate. And the area master page: Compounds in New Cairo.
Azad Business Lounge sits in the southeast corner of the Azad compound, in Al Andalus pocket of the Fifth Settlement in New Cairo, directly opposite the American University in Cairo (AUC) on South 90 Street, next to Point 90 Mall, 10 minutes from Katameya Square and the New Administrative Capital via Suez Road.
| Unit Type | Area | Price |
|---|---|---|
| Class A Office (Small) | 84 – 130 م² | 10,000,000 – 17,000,000 جنيه |
| Class A Office (Medium) | 130 – 200 م² | 17,000,000 – 28,000,000 جنيه |
| Class A Office (Large) | 200 – 266 م² | 26,000,000 – 38,000,000 جنيه |
| Retail Shop | 50 – 120 م² | 9,000,000 – 22,000,000 جنيه |
TAMEER
TAMEER is one of the oldest active real estate developers in the Middle East, founded in 1954 — over 70 years ago — originally as a government-owned organisation before evolving into a specialised real estate developer. TAMEER originated in Kuwait and expanded into Egypt. The com...
All TAMEER projects →Other projects by same developer
Azad Business Lounge prices in New Cairo start at EGP 10,000,000 for an 84 sqm office and reach approximately EGP 38,000,000 for larger 266 sqm offices on the main frontage in 2026.
Average administrative price per sqm in the resale market runs around EGP 130,000, with variation by floor, view, and finishing. Contact CompoundGate for the latest live price list for Azad Business Lounge.
Azad Business Lounge sits in the southeast corner of the Azad compound, in the Al Andalus pocket of the Fifth Settlement in New Cairo, directly opposite the American University in Cairo (AUC) on South 90 Street.
The project is next door to Point 90 Mall, 10 minutes from Katameya Square and the Regional Ring Road, and 10 minutes from the New Administrative Capital via Suez Road.
Expected commercial yield at Azad Business Lounge: Class A offices 8–11% per year, retail shops 10–13%, above typical New Cairo residential rental yields.
The yield is underpinned by the delivery since March 2023, the captive base of 1,700 Azad residents on site, and steady footfall from AUC students opposite and Point 90 Mall visitors next door.
Azad Business Lounge offers two unit categories: Class A offices from 84 to 266 sqm on the upper floors, and ground-floor retail shops serving the Azad compound residents and community-center visitors.
The project has been delivered and operating since March 2023, so most current units are resale or already leased to active tenants. For the latest availability list, contact CompoundGate.
The original payment plan for Azad Business Lounge from TAMEER was 20 semi-annual installments over 5 years, with Fully Finished with AC delivery completed in March 2023 on schedule.
Most units now trade on the resale market, so payment terms are negotiated directly with the existing owner — a higher partial cash with seller financing on the balance, or full cash with a discount. Contact CompoundGate for the latest resale offers.
Azad Business Lounge was delivered in March 2023, on the published TAMEER schedule, and the project has been operating and leased since that date without disruption.
This is a major advantage: no delivery risk, no waiting. Investors start collecting rent immediately after contract, instead of waiting three to four years on a comparable off-plan New Cairo commercial.
Azad Business Lounge has dedicated parking serving both office tenants and retail visitors, with a ratio above the typical Al Andalus benchmark thanks to a design that separates visitor flow from residential traffic.
Expected daily footfall: steady flow from the 1,700 residential units inside the Azad compound, AUC students and faculty across the avenue, and Point 90 Mall visitors next door — a stable closed customer base year-round.
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