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The best districts of the New Capital

The best districts of the New Capital

In the past years, the New Capital has become the investment station and the first real estate destination for those looking for a long-term future in the field of real estate investment.
In view of the huge space allocated to the city, the development process for the region and the projects was divided into 3 phases. In addition, the area of the first phase was divided into many districts, whether private or public

The districts of the New Capital represent the model within which the aspirations and aspirations of customers are molded, due to their differences, whether in terms of quality, prices, or the date of completion and delivery of projects
Therefore, we seek to present a brief study on the most prestigious neighborhoods of the capital, at the level of the private sector neighborhoods, as they are the most popular and famous at the present time

Explanation of the New Capital

Explanation of the New Capital

Before the detailed offering that we aim for the districts of the New Capital, we briefly address the most important general information that represents the New Capital Guide:

Where is the New capital located?

Among the questions that circulated recently among the general community of small investors, as the capital was located in an ideal geographical location on the borders of Badr City and Mostakbal City, in addition to that it is close to the following:

The city came on a huge area, estimated at the lowest estimation, at about 184,000 acres

Characteristics of the New Capital

The neighborhoods of the New Administrative Capital included many projects and landmarks that provided multiple investment characteristics, including the following:

  • A green sustainable city from the fourth generation cities that comply with health requirements.
  • One of the best new Egyptian cities for real estate investment feasibility in the long term.
  • It included the famous landmarks that made the area and its projects popular, such as the iconic tower and the Green River.
  • With a strong infrastructure and a vital location, in addition to the huge area.
  • The direction of all national efforts towards the success of the project, represented by the Urban Communities Authority and the Capital Company.
  • Attracting foreign investments and the best real estate companies in Egypt towards the city, making it the center of attention.
  • For the first time in Egypt, this number of compounds and malls are offered in one area, in addition to the development components that Egypt is witnessing for the first time

Disadvantages of the New Capital

The real estate market in the capital has been affected by several problems or deficiencies, as the most important defects in investment in the New Capital are the following points:

  • Exaggerated prices, especially in the commercial field, which makes them unsuitable for all societal groups.
  • Lack of transportation, which is one of the shortcomings of new cities in general

The districts of the New Capital

After the public offering of all the districts of the New Capital, we review in the following paragraphs the most prestigious districts in the capital for real estate investment by dividing them into residential and investment districts

The best districts in the New Capital for living

The New Capital includes many residential districts that have been planned and various residential projects have been put forward within it, but the most prominent housing opportunities for the general market customers are represented in the following districts:

1/The Seventh District, R7 New Capital

The Seventh District R7 New Capital

The Seventh district is among the best residential districts of the New Capital and the most inclusive of residential compounds, as the neighborhood includes many residential projects that are witnessing a continuous increase with the passage of time, especially with the expansion of the area and its ability to receive more compounds of the New Capital.

Location of the Seventh District, R7

  • It is located in the heart of the New Capital, near the Eighth District, R8.
  • Close to the Presidential Palace, the Governmental Quarter and the Diplomatic Quarter.
  • Close to the regional road and Cairo-Ain Sokhna road.
  • Minutes from Al-Fattah Al-Alim Mosque and the Medical City

The area of the seventh district R7

  • The total area of the seventh district is about 1,500 acres.
  • In addition to the residential compounds, the neighborhood includes public commercial areas, entertainment areas, and public service institutions.

The most prominent features of the Seventh District New Capital

  • Within the most distinguished neighborhoods of the Administrative Capital and the most offered for residential projects.
  • It provides the earliest date for delivery with the readiness of a large group of its projects, as the average delivery is estimated at two years.
  • The average price per square meter in the Seventh District, R7, is about 11 thousand pounds, as the lowest price per square meter in the capital for residential investment.

Disadvantages of the Seventh District, R7

  • Although it has the unique advantage of the neighborhood that includes the most compounds, some customers may not prefer this point as it is also a disadvantage in terms of being the most crowded neighborhood with projects and residents.
  • The neighborhood is not the best of its kind, especially in terms of the architectural quality of the residential compounds.

The best compounds in the Seventh District New Capital

The Seventh district is within the district of the New Capital, which contained many distinct compounds, for example, including the following:

  • Atica Compound: It is located on plot G1, near the Green River, Al Masa Hotel, and the government district
  • Attica Compound has a total area of 70 acres, with a construction rate of 18%
  • Within the projects of New Plan Real Estate Development Company
  • The project includes apartments and duplexes
  • Apartments for sale in the Administrative Capital, Atika Compound, with spaces starting from 70 square meters
  • The prices of apartments in Attica Compound, the administrative capital, start from 1,015,000 pounds
  • Repayment period up to 8 years

Midtown Condo Compound: located in plot K1, close to Central Park, Al-Fattah Mosque, and IL Bosco Compound.

  • The project extends over an area of 60 acres, with a construction rate of 20%.
  • One of the projects of Better Home Real Estate Development and Investment Company.
  • The project is limited to offering residential apartments, with spaces starting from 115 square meters.
  • The prices of apartments in Midtown Condo Compound start from 1,830,000 pounds.
  • The longest repayment period for the project up to 7 years

Entrada Compound: overlooking the central axis, in front of the exhibition city and overlooking the southern bin Zayed axis.

  • The project is being developed by Sorouh Real Estate Development Company.
  • The Entrada project extends over a huge area of about 72 acres.
  • Entrada Compound, the administrative capital, is dedicated to residential apartments, with spaces starting from 83 square meters.
  • Apartments for sale in Entrada Compound, with prices starting from 1.1 million Egyptian pounds.
  • The repayment period is up to 10 years, with a delivery date in 2022

Vinci Compound: one of the best compounds in the New Capital by Misr Italia Properties.

  • The project is located in the Seventh District, as one of the best neighborhoods in the Administrative Capital.
  • It is located on plot G4, close to Al Masa Hotel, the southern axis of Bin Zayed, and the Presidential Palace.
  • On a very large area of 110 acres, with a 20% building percentage.
  • Vinci Compound is comprehensive for apartments and residential villas, with spaces starting from 120 square meters.
  • The prices of the apartments in the Administrative Capital, Vinci Compound, start from 2.3 million pounds.
  • The repayment period is up to a maximum of 9 years

Oia Compound: The project is located on plot G5, near the exhibition grounds and the Mega Mall project.

  • Developed by Edge Holding, which also owns the Oia Towers Mall project.
  • The project occupied an area of 30 acres of land, with buildings on about 20% of the area.
  • It includes a group of residential apartments, with spaces starting from 123 square meters.
  • The price per meter in Oia Compound, the New Capital, starts from 14,250 pounds.
  • The maximum repayment period is up to 8 years

Tallah Compound: offered by New Plan Real Estate Company, after its success in the Attica residential project.

  • It is located on plot I1, near the Green River, Ben Zayed Axis, and Rivan Compound.
  • On an area of 30 acres, of which only 18% has been allocated for buildings.
  • The project includes apartments and duplex units, with spaces starting from 125 square meters.
  • Apartments in the Compound of Tallah, the New Capital, with prices starting from 2.2 million pounds.
  • The repayment period is up to 10 years

2/The Eighth District, R8 New Capital

The Eighth District R8 New Capital

One of the most famous neighborhoods of the New Administrative Capital, which is a major destination for many real estate companies in the Administrative Capital, as the neighborhood is characterized by its inclusion of a group of high-end residential compounds, which are predominantly interested in providing apartments and duplexes.

Location of the eighth district New capital, R8

  • The eighth district is located on the eastern border of phase 2 of the New Capital project.
  • It is located on the border of the seventh residential district, R7
  • Close to the Green River and the government district.
  • Close to Capital International Airport.
  • The area of the eighth district, R8
  • It comes on a huge area of about 2,500 acres.
  • The neighborhood includes many green spaces and social and sports clubs.

Features of the R8 district

  • It is the closest district to the Capital Airport.
  • The district is located on a hill high above sea level.
  • The district is the cheapest, with an average price per square meter of about 10,500 pounds.

Disadvantages of the eighth district R8

  • The average delivery time is about 4 years.
  • The location of the eighth district on the borders of the eighth phase makes it one of the geographically extreme districts , which some consider to be one of the defects that afflicted it. However, with the completion of development work in the second and third phases, the eighth district will become one of the districts of the New Capital located in the heart of the city.

The best compounds in the Eighth District New Capital

The best compounds in the Eighth District New Capital

The Eighth district includes a group of the most prestigious compounds in the Administrative Capital, as we mention, for example, the following:

Anakaji Compound: one of the projects of Aqar Misr for Development and Real Estate Investment.

  • The compound is located on plot I4, near the government district, the diplomatic district, and the diplomatic district.
  • The area of ​​Anakaji Compound is about 20 acres, with a construction rate of 19%.
  • The project includes apartments, duplexes, and penthouses, with areas of 124 square meters.
  • Apartments for sale in Anakaji Compound, with prices starting from 1.7 million pounds.
  • The project offers the longest repayment period in the region up to 12 years

Florya Compound: within the projects of Four Seasons Group Real Estate Development Company.

  • It is located on Plot No. L1, near the Opera House, the Capital Airport and the Banks.
  • The Florya residential project extends over an area of 23 acres, with a building percentage of 23%.
  • The project contains apartments and duplexes, with spaces starting from 120 square meters.
  • The price per meter in Florya Compound, the Administrative Capital, starts from 8,750 pounds.
  • The repayment period is up to 12 years

De Joya Compound: located on plot B2, overlooking the Green River, the tourist walkway, and the diplomatic quarter.

  • It is being developed by Taj Misr Real Estate Development Company, which presented the De Joya series in Sheikh Zayed.
  • 23.5 acres have been allocated for the construction of the project, with a construction rate of 21%.
  • The project includes apartments, duplexes, and villas, with areas of 70 square meters.
  • The price per meter in De Joya Compound starts from 9,500 EGP.
  • The repayment period is up to 10 years, with delivery in 2023

De Joya 2 Compound: It is the second project of the De Joya series by Taj Misr Properties.

  • The project is located on plot No. 15, directly on the tourist walkway.
  • Close to the Bin Zayed Axis, the Green River, the Opera House and the Diplomatic Quarter.
  • Its total area is about 11 acres, with a building percentage of 19%.
  • De Joya 2 includes studios, apartments, duplexes and sky villa units.
  • Residential spaces start from 70 square meters.
  • The price per meter in De Joya 2 starts from 10,500 pounds.
  • Repayment period and installments up to 10 years

The Curve Compound: Developed by Laverde Egypt for Real Estate Development and Investment.

  • It is located in front of the Green River on plot No. I6G+7, near the Downtown area and the government district.
  • The Curve Compound covers an area of 13 acres, with a construction rate of 18%.
  • It is limited in its residential offering to apartments and duplexes.
  • The Curve Compound apartments space starts from 76 square meters.
  • The price per meter in The Curve Compound starts from 12,000 pounds.
  • The maximum installment period is up to 8 years.

Soli Golf Residence Compound: within the projects of UC Real Estate Development Company.

  • The project is located on plot O3, near the Green River and Kardia Compound.
  • The Sully Residence project includes a group of apartments and duplexes.
  • Soli Compound apartments space starts from 155 square meters.
  • The price per meter in the Administrative Capital, Soli Golf Compound, starts from 10,000 pounds.
  • The longest repayment period of up to 10 years, with project delivery in 2026.

Kardia Compound: The project was developed in the eighth district, R8, as one of the best neighborhoods in the New Administrative Capital.

  • The project is located close to Al Sefarat Neighborhood, the Green River, and the Governmental district.
  • Kardia Compound’s space is about 23 acres, of which about 20% is for buildings and units.
  • Kardia Compound apartments space starts from 130 square meters, which includes apartments and duplexes.
  • The price per meter in Kardia New Capital, starts from 9,750 EGP.
  • Installments up to 10 years, and delivery in 2026

3/Investors Area New Capital

Investors Area New Capital

The Investors Area is the most prestigious neighborhood of the New Administrative Capital, as the area includes the most prestigious compounds, which reach more than 12 unique residential projects of its kind among the various Administrative Capital compounds in other regions, so we note that it is the highest in price.

The location of the investors’ area in the New Capital

  • It is located very close to the Green River.
  • In addition, it is close to the central park.
  • Close to the Diplomatic Neighborhood and the Government Neighborhood.
  • The neighborhood is located on the southern axis of Bin Zayed.
  • It is located on the borders of the 7th district, R7.

Investors area Space

  • The residential area is the smallest, with an area estimated at about 800 acres.
  • This area included the residential areas represented in the compounds belonging to the private sector companies.

Advantages of the Investors Area New Capital

  • The best districts of the New Capital in terms of the quality of projects and the standard of living.
  • The residential district closest to the Green River, which increases the investment value of its units.
  • It has a favorable delivery period of 2 to 3 years.

Disadvantages of the investor area

It is the most expensive district in the New Capital, with an average price per meter exceeding 12,500 EGP, due to several reasons due to its close proximity to the Green River and its high quality of housing and investment when compared to other districts.

The best compounds in the Investors Area New Capital

The best compounds in the Investors Area New Capital

Its projects are characterized by sophistication and luxury. In addition, prominent real estate names are based on real estate investment in the region. The most important residential projects in the investors’ area are as follows:

IL Bosco Compound: It is located on the southern axis of Bin Zayed, near the Presidential district and the Diplomatic district.

  • Within the projects of Misr Italia Properties, which also presented Vinci Compound in the Seventh District.
  • The project occupies a huge area of about 200 acres.
  • It includes a variety of residential units, apartments and villas.
  • The space of the apartments in IL Bosco, the Administrative Capital, starts from 126 square meters.
  • The price per meter in IL Bosco Compound starts from 13,500 EGP.
  • The maximum repayment period is up to 9 years

Blue Vert Compound: developed by the Saudi Egyptian Development Company, which presented the Latin district of New Alamein.

  • It is located on the Green River, the southern axis of Bin Zayed, and the central axis, moreover, it is located near the Bosco project.
  • The project was built on an area of 70 acres, and it is being developed in 3 phases.
  • It includes a group of villas and apartments, with spaces starting from 59 square meters.
  • Apartments in the Administrative Capital, Blue Vert Compound, with prices starting from 830,000 pounds.
  • Repayment period up to 9 years, delivery in 2024

Pukka Compound: It is being developed by Master Builder Group, MBG.

  • The Boca project is located in front of the Green River and the cathedral, along Teseen Street, Fifth Settlement.
  • The total area of the project is about 41 acres, with a construction rate of 20%.
  • The compound includes apartments and duplexes, with residential spaces starting from 147 square meters.
  • The meter price of Pukka Compound, the New Capital, starts from 12,000 pounds.
  • The installment and repayment period is up to 7 years

Celia Compound: It is located directly in front of the Green River, near the government district.

  • One of the projects of Talaat Mustafa Group Real Estate Development Company.
  • One of the largest compounds in the New Capital, on an area of 500 acres.
  • The project includes apartments, villas, twin houses, and townhouses.
  • The residential spaces in Celia Compound start from 77 square meters.
  • The price per meter in Celia New Capital starts from 18,000 pounds.
  • The repayment period and installments up to 13 years

Capital Way Compound: It is located in front of the Green River, near the ring road, and near the exhibition grounds.

  • Developed by Equity Development and Real Estate Investment Company.
  • The project spans an area of 50 acres, of which about 20% is for residential units.
  • The project includes regular apartment units and duplex apartments.
  • Residential spaces start from 90 square meters.
  • The price per meter in The Capital Way starts from 14,500 EGP
  • The longest payment period in Capital Way Compound is up to 7 years

The best districts of the New Capital for real estate investment

After a brief presentation of the most prestigious neighborhoods in the capital for housing and investment, we discuss a group of the best neighborhoods at the level of commercial, administrative and medical malls as follows:

1/ Down Town New Capital

Down Town New Capital 1

The Down Town area or the downtown area is the most containing malls among the other districts of the Administrative Capital, so it is considered as the seventh district in relation to the investment neighborhoods, as they are the most included in the Administrative Capital projects.

Down Town location

  • Near the second phase of the Administrative Capital project, the 8th district, R8, and the 7th district, R7.
  • Minutes away from the Green River, the government district, and the Bin Zayed Corridor.
  • Close to the presidential palace, the capital’s airport, and the regional ring road.
  • Down Town is located close to the Ministries District.

Down Town space

  • The Downtown area extends over an area of 1,364 acres.
  • The region has been divided into many geographical parts with different specialties.

Features of Down Town New Capital

  • It includes the Data Center area, which is the incubator for all information and data about the residents and employees of the capital.
  • One of the best neighborhoods in the Administrative Capital to attract investors, whether on the individual or corporate level.
  • The best investment district in terms of ideal division, where each specialization is offered in a different area.
  • The region is the cheapest in terms of administrative, commercial or medical prices.

Down Town Disadvantages

The district includes more than 100 investment malls as a strong advantage for the region, but on the other hand, it is a disadvantage for some customers, whether in terms of difficulty in choosing or the intense competition in the region

The best malls in Downtown New Capital

The best malls in Downtown New Capital

I-Business Park Mall: Developed by Arqa Real Estate Development Company, an Emirati company.

  • It is located in MU3 on Plot 21, on the central axis and the main square of the Downtown area.
  • It occupies a very huge area of about 21 thousand square meters, and it consists of 3 buildings in its design.
  • It consists of 20 upper floors, and includes shops, administrative, medical, and hotel activities, with an area of 28 square meters.
  • The price per meter in I Business Park starts from 50,000 EGP.
  • Repayment period up to 10 years, and delivery in 2024.

Pyramids Business Tower: within the projects owned by Pyramids Real Estate Development Company.

  • It is located on plot MU19 on the northern axis of Bin Zayed and the Green River, near Al Masa Hotel.
  • The project occupies a huge area of about 22 thousand square meters, with a construction rate not exceeding 30%.
  • Pyramids Business Tower consists of 20 upper floors, with a building height of more than 100 meters.
  • The project includes administrative and commercial activities and hotel apartments, with areas of 21 square meters.
  • The price per meter in Pyramids Business Tower Mall starts from 60,000 pounds.
  • The maximum repayment period is up to 10 years

Nile Business City: offered by Nile Real Estate Investment Company.

  • It is located in plot MU32 directly on the Green River, in addition to being close to Central Park and the financial district.
  • The mall extends over an area of 32.82 square meters, and includes 50 upper floors of the building.
  • It is one of the best malls in the New Capital, especially for its length of 233 meters.
  • The mall includes hotel, commercial, and administrative activities, with spaces starting from 33 square meters.
  • The price per meter in Nile Business City, the New Capital, starts from 44,500 pounds.
  • The longest payment period in Nile Business Mall, up to 10 years.

Maestro Mall: It is being developed by Maorta Real Estate Investment Company, with a unique design.

  • It is located in the promenade and shopping district on Plot No. 1, close to the northern Bin Zayed axis and the government district.
  • The Maestro Mall project extends over an area of 5,350 square meters, with a built-up area of 30% of the total area.
  • It is one of the best projects of Engineer Raef Fahmy, which was designed in the form of 5 floors.
  • Al-Mulfi specializes in commercial activity only, with investment areas starting from 26 square meters.
  • The price per meter in Maestro Mall, the Administrative Capital, starts from 70,000 pounds.
  • The repayment period is up to 10 years

Ano View Mall: Developed by NCB Real Estate Development Company.

  • The mall is located in front of pharmaceutical companies, close to Central Park and the Green River, as well as close to the iconic tower.
  • The project occupies an area of 3,275 square meters, and the mall building consists of 14 upper and ground floors.
  • The mall specializes in administrative and commercial activities, as the spaces inside it start from 31 square meters.
  • The price per meter in Inno View Mall, the Administrative Capital, starts from 23,000 pounds.
  • The repayment period is up to 10 years, with the largest cash discount of up to 45%

Mid Tower Mall: One of the projects of Prime Real Estate Development Company.

  • The mall overlooks the central park, on plot number MU4_41, near the Monorail station and Misr Mosque.
  • It covers an area of 4,646 square meters, as the mall building consists of 12 floors.
  • The mall includes shops and administrative offices, with spaces starting from 29 square meters.
  • The price per meter in Mid Tower Mall starts from 25,500 pounds.
  • The maximum repayment period is up to 10 years

Oxygen Medical Tower: It is provided by Inwan Real Estate Development and Investment Company.

  • The mall is located in front of the pharmaceutical companies and the international hospital, near the iconic tower and Al Masa Hotel.
  • The total mall area is 2,205 square meters, with a mall building consisting of 12 upper floors.
  • The mall is dedicated to medical activity, along with some commercial units, with areas starting from 33 square meters.
  • The price per meter in Oxygen Medical Tower starts from 35,000 pounds.
  • You can get your unit in Oxygen Mall with a repayment period of up to 9 years

Oia Towers Mall: The mall is located on the northern bin Zayed axis, as one of the closest malls to the Green River.

  • Among the projects of Edge Holding, which also owns Oia Compound.
  • Oia Towers project comes on a huge area of about 15 thousand square meters.
  • The height of the building is about 111 meters, and it consists of 30 upper floors.
  • It includes all commercial, administrative, medical and hotel activities, with an area of 40 square meters.
  • The price per meter in Oia Towers Mall starts from 30,000 pounds.
  • The repayment period is up to 9 years

Pyramids Mall: It is located in Downtown, one of the best districts in the Administrative Capital, which used to be called Al-Massa Mall.

  • It is located in front of Al Masa Hotel, near the Green River, and near the Exhibition City.
  • It is one of the largest malls in the Administrative Capital, on an area of 45 thousand square meters.
  • The project consists of 3 buildings, with 5 upper floors for each building.
  • The mall specializes in commercial units only, with spaces starting from 15 square meters.
  • Repayment period up to 10 years, with delivery in 2023

2/ The Central Business Area

The Central Business Area

The CBD area is the most prestigious district of the New Capital, undisputed in the field of real estate investment
As it includes an area known as the Chinese Zodiac, which includes the best towers of the Administrative Capital, especially with its high quality and great popularity, especially with its inclusion of the iconic tower as the tallest tower in Africa

Central business district location

  • It borders the Green River and the Government District.
  • It is located overlooking several important roads and axes, such as the regional and middle ring, and the northern bin Zayed axis.
  • Close to the financial and business district, and near the Down Town area.
  • Minutes from the exhibition grounds, Al-Massa Hotel, and the Capital International Airport.

The CBD area

  • The area covers an area of 195 acres.
  • That is, about 1.71 million square meters.

Characteristics of the CBD district

  • It is considered the best neighborhood in the New Administrative Capital, both in terms of return on investment and quality of projects.
  • The area includes the iconic tower, which is one of the landmarks that create free publicity for the area.
  • All development works have been completed to a large extent, as the first region to announce its projects after its development.
  • It enjoys a vital geographical location overlooking the second and third districts.

Disadvantages of the Central Business District

  • It submits its projects by the latest delivery date.
  • It is the most expensive area in terms of the high meter price, but the real estate developer offers great real estate value for this price

The best malls in the central business district

The best malls in the central business district

Infinity Tower: From Infinity Towers for Real Estate Development and Investment.

  • The project overlooks the Bin Zayed axis, and is close to the Presidential Palace and the iconic tower.
  • The project covers a total area of 52 thousand square meters.
  • The project consists of about 31 upper floors, with a height of 200 meters.
  • Infinity project is a comprehensive project for shops and administrative offices.
  • The project units space starts from 195 square meters.
  • The price per meter in Infinity Tower, the Administrative Capital, starts from 43,500 pounds.
  • The repayment period is up to 8 years, and the delivery takes place in 2024

East Tower Mall: one of the projects of UC Real Estate Company, which was based on presenting the Soli Residence Compound.

  • It is located with a direct view of the iconic tower and the Green River, near the northern axis of Bin Zayed.
  • The mall’s land area occupies about 12 thousand square meters, and the building consists of 40 loft floors.
  • It includes commercial, administrative and hotel units, with investment and residential spaces starting from 40 square meters.
  • The price per meter in East Tower starts from 40,000 EGP.
  • The installment and repayment period is up to 7 years

Qwan Tower: Developed by Contact Real Estate Development Company, which also provided Mercury Mall

  • Quan Tower is located on 3 corners in front of the Chinese towers, near the iconic tower and the monorail station.
  • The entire project covers an area of 10,000 square meters, which is equivalent to 2.5 acres.
  • The building consists of 25 upper floors, and it includes all investment activities.
  • The units’ space in Quan Tower, the Administrative Capital, starts from 25 square meters.
  • The price per meter in the Administrative Capital, Quan Tower, starts from 37,000 pounds.
  • The longest payment and repayment period is up to 10 years.

Taj Tower: one of the development works provided by Taj Misr Real Estate Investment Company.

  • It is located on plot No. MU7-CN14, near the Bin Zayed axis and the iconic tower, near 31 North Tower.
  • The area of Taj Tower is about 12,500 square meters, with 30% as a percentage of buildings and units.
  • The mall consists of 47 upper floors, including commercial and administrative activities.
  • Units space starting from 30 square meters.
  • The price per meter in Taj Tower starts from 35,000 pounds.
  • Repayment period up to 10 years

Pagoda Business Tower: Among the theses of Acadia Real Estate Development Company.

  • The project is located in plot MU7 in front of the iconic tower and near the Green River.
  • The mall covers an area of 3,100 square meters, with a construction rate of 30%.
  • The mall consists of 13 floors with commercial and administrative activities.
  • Investment spaces start from 25 square meters.
  • The price per meter in Pagoda Business Tower starts from 32,000 pounds.
  • The longest repayment period in the region, up to 13 years

Capital Diamond Tower: from Amazon Holding for real estate investment.

  • The mall is located on the northern bin Zayed axis, near the towers area and the monorail station.
  • The project covers an area of 22,000 square meters, with a green area of 80%.
  • The building consists of 45 typical floors, specializing in commercial, administrative and hotel buildings.
  • The price per meter in Capital Diamond Tower starts from 35,000 pounds.
  • The repayment period is up to 9 years at the latest

3/MU23 New Capital

MU23 New Capital

One of the most important districts of the New Capital at the level of real estate investment in commercial and administrative malls, especially its vital geographical location, which achieves the necessary density for investment and purchase in the region

MU23 District location

  • It is located between the second district, R2, and the third district, R3.
  • It is located directly on the Axis of Hope, on the Green River.
  • Close to the central business district and the government district.
  • Close to the exhibition city and the sports city.

MU23 area

  • It comes on a huge area of about 250 acres.
  • It includes many dual activities represented in malls with various investment theses.

Features of MU23 New Capital

  • Its privileged location near the Green River.
  • The best neighborhoods of the Administrative Capital in terms of the near delivery date, as it enjoys an average delivery within a year.

MU23 defects

  • The delivery date has two sides in terms of advantages and disadvantages. Despite the advantage it provides to customers in receiving the unit as soon as possible, this matter is considered a disadvantage for some customers, especially with paying maintenance expenses at a close time with the reservation provider.
  • Moreover, the value of the reservation provider will become relatively high.

The best malls in MU23 New Capital

The best malls in MU23 New Capital

The most important Malls of MU23 are:

G3 Mall: presented by United Real Estate Investment Company.

  • The project is located at the main entrance to the Administrative Capital, near Amal Axis and Suez Road.
  • The mall’s area is about 3,000 square meters, with buildings occupying about 30%.
  • The project comes in the form of 8 upper floors, with all investment activities inside the mall.
  • The mall includes 159 units, with spaces starting from 37 square meters.
  • The price per meter in G3 Mall starts from 21,000 pounds.
  • The maximum repayment period is up to 10 years.

River Green Mall: within the projects of Master Builder Group MBG.

  • It is located on the Green River and the iconic tower, near the Chinese Zodiac.
  • The building area is about 30% of the land area of about 3,500 square meters.
  • The building consists of 8 upper floors, with commercial and medical activities.
  • River Green spaces starting from 35 thousand pounds.
  • The price per meter in River Green Mall starts from 33,000 pounds.
  • Payment period up to 7 years, and a delivery date in 2023.

Ivory Plaza Mall: from Excellence Real Estate Development and Investment Company.

  • It is located on the axis of hope, in front of Al Maqsad Compound, and near the exhibition city and the iconic tower.
  • The total area reaches 6,000 square meters, with a building rate of 22%.
  • The project includes commercial, medical and administrative activities, with an area of 26 square meters.
  • The price per meter in Ivory Plaza Mall starts from 35,000 pounds.
  • Payment and repayment period up to 10 years

Paris East Mall: one of the best malls in the Administrative Capital, developed by Pyramids Real Estate.

  • The mall is located near the Olympic Village, near the financial and business district, and the central axis.
  • On a very large area of 27 thousand square meters, and it consists of 11 upper floors.
  • It includes all activities, with spaces starting from 24 square meters.
  • The price per meter in Paris East Mall starts from 60,000 pounds.

For more information, click here

4/Financial and Business District

4. Financial and Business District

The financial district represents one of the investment gems in the region and one of the best districts in the New Capital, and it is one of the first areas that received development care, as construction and construction work began within it since 2017

Business and financial district location

  • The financial district is located between both the northern and southern axis of Bin Zayed.
  • It is minutes away from Cairo-Suez Road.
  • It is located next to the Down Town area and the Capital International Airport.
  • It is close to the 7th district, R7, and the 8th district, R8.

The area of the financial district New Capital

  • The financial district occupies an area of 195 acres.
  • The volume of the neighborhood’s investments amounted to about 3 billion dollars, for the sake of construction and construction works
  • Characteristics of the financial and business district
  • All financial institutions, the Central Bank and the Ministry of Finance branch gather inside it.
  • It is unique in a vital location between the two most important axes in the Administrative Capital.
  • It is distinguished by its suitable and competitive prices

Disadvantages of the financial and business district

The district did not have significant defects or significant investment problems affecting the quality of projects or real estate investment in them. However, its projects are not considered the best of their kind, as some other areas outperform them, and it is one of the slight differences that characterize the districts of the New Capital

The best Malls of the financial and business district

The best malls of the financial and business district

There are many malls and mega projects in the region, in which various real estate companies participated. Below we discuss the most important malls in the financial and business district:

Financial Hub Mall: from Al Safwa Urban Development Company, which presented Capital Heights 1 and Capital Heights 2.

  • The project directly overlooks the government district, and is located near the Ministry of Finance and the Council of Ministers.
  • The mall consists of 7 upper floors, and extends over a plot of land of 6,000 square meters.
  • The mall includes commercial, administrative and pharmacy units, with areas of 45 square meters.
  • The price per meter in Financial Hub Mall starts from 45,000 EGP.
  • The repayment period is up to 6 years, with delivery in 2023

Anzio Mall: from Al Karma Real Estate Development Company.

  • The mall is located on plot CS13 near the monorail station and the Central Bank of Egypt.
  • The project was built on a huge area of about 10,400 square meters, with a building area of 4,900 square meters.
  • The mall consists of 7 floors, and each floor contains 26 units.
  • It contains medical, administrative and commercial activities, with an area of 34 square meters.
  • The price per meter in Anizio Mall starts from 34,500 EGP.
  • The maximum repayment and installment period is up to 9 years

Audaz Mall: offered by Gates Real Estate Development Company, which developed Catalan Compound and Venia Compound.

  • It is located in front of the government district and the Data Center area, in addition to that, it is close to the People’s Square and the Monorail station.
  • It covers a huge area of about 16,800 square meters, and the building consists of 7 upper floors.
  • The project includes all investment activities, with areas starting from 16 square meters.
  • The price per meter in Audaz Mall, the Administrative Capital, starts from 37,000 pounds.
  • The term of the installments is up to 10 years, and the delivery date is at the end of 2022

Alcor Verde project: It is the most important project of Archplan consultancy.

  • The project is located next to the Central Bank and the National Bank, one minute away from the Presidential Palace.
  • The building consists of 7 upper floors, on a total area of about 3,030 square meters.
  • The mall is limited to administrative offices only, with areas starting from 50 square meters.
  • The price per meter in Alcor Verde Mall starts from 40,000 pounds.
  • The repayment period is up to 8 years as a maximum

Real estate transactions are one of the crucial decisions in an individual’s life, and with the spread of various real estate scams and unreliable companies, the real estate website Korastsherot offers you a variety of the most important experts in the Egyptian real estate market, to help you make a proper purchase decision.

The most prominent questions about the districts of the New Capital

What is the most prestigious districts of the New Capital?

The best districts within the New Capital are as follows:
Seventh Neighborhood R7 (Residential).
The Eighth District, R8 (residential).
Investors area (residential).
Down Town (investment).
Central Business District (investment).
MU23 (investment).

What is the sales number provided for booking in the districts of New Capital?

00201104894802

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