Egypt is on the rise! From huge economic projects to the establishment of the monorail and new cities, the country is reshaping its future and the future of the whole area. But the Egypt New Capital is a whole other story. The city is planned to be the central hub for all administrative, economic, political, and cultural facilities in the country.
All the new cities including the New Capital are expected to help eliminate several issues including overpopulation in certain areas and hectic traffic. Impressed? Keep reading to learn everything you need to know about the New Administrative Capital.
Egypt New Capital
The government is actively working on increasing investment and establishing new economical projects. That’s why Egypt New Capital came to light. In other terms, the New Capital is planned to become the hub for all important projects in the country and the whole region.
To serve its aim and attract the right investments, New Capital has endless advantages. These include but are not limited to high-end facilities, unparalleled services, and an ideal location. But let’s take a deep dive into each of these aspects, so you can get the full picture.
New Administrative Capital Facilities & Services
Stretched across 170,000 acres, Egypt New Capital features a wide range of facilities and services. That will help attract lucrative investments and allow residents to live with the utmost luxury. For instance, the New Capital has
- International Airport that can accommodate up to 300 passengers per hour and is fully equipped to receive charter flights.
- Public transportation including the monorail and a train will move between the new cities.
- Governmental institutions including ministries, parliament, banking district, presidency headquarters, Central Bank of Egypt, and the Egyptian Stock Exchange.
- Educational facilities (around 60 national and international schools as well as 8 universities)
- Sports stadium
- Amusement Park
- Roman theater
- Running track and cycling trails
- Green River
- Exhibition City
- Al-Fattah Al-Aleem Mosque
- An astronomical observatory and a science & technology museum
- Zoo
- An art museum
- Conference Hall
- Medical facilities
- Capital Park (2.5x larger than New York’s Central Park)
- Entertainment City
- Commercial areas and shopping malls
Needless to say, that’s not all Egypt New Capital City has to offer but for now let’s avert our attention to another major advantage!
New Capital of Egypt Location
The Egypt New Capital has an ideal location in the East of Cairo that is easily accessible through numerous major roads and in close proximity to all important destinations. To be more precise, the New Captial of Egypt location is
- On the borders of Badr City
- Accessible through the Regional Ring Road
- 60 km from the heart of Cairo, Suez City, and Ain Sokhna
- Next to New Cairo, Madinaty, and Mostakbal
So residents of the city will commute anywhere in the country with ease! Speaking of the New Capital residents, let’s take a closer look at the top compounds in the city.
Top 20 Compounds in New Capital City
All the notable names in the real estate industry have contributed to the skyline of Egypt New Capital with high-end residential compounds. The top compounds in New Capital City include but are not limited to
- Il Bosco New Capital by Misr Italia Properties
- La Vista City by La Vista Developments
- Vinci New Capital by Misr Italia Proeprties
- Talah by New Plan
- The Capitalway by The Waterway Developments
- Al Maqsad Residences by City Edge Developments
- Entrada by Sorouh Developments
- Castle Landmark by Cred Developments
- OIA New Capital by Edge Holding
- Armonia by The Land Developers (TLD)
- Midtown Sky by Better Home
- La Verde by La Verde Real Estate Investment and Development
- Rhodes by Plaza Gardens developments
- The Curve by Corner Stone Development
- Scene 7 by Akam Developments
- Bleu Vert by Saudi Egyptian Developers (SED)
- RIVAN by Altameer Arabian Developments
- Ri8 by Emaar Rezk Group Developments
- Park Lane by El Attal Holding
- Oro by AMG (Ava Mina Group)
Aside from the residential compounds, Egypt New Capital is home to a large number of commercial and administrative projects. So if you are looking to start a business, relocate your business, or open a new branch, this next part is for you!
New Capital Projects
The following projects include commercial, administrative, and medical units. With this in mind, the top Egypt New Capital projects include
- Taj Tower by Taj Misr Developments
- East Tower by UC Developments
- The Loft Plaza by Living Yards Developments
- Amazon Capital Diamond Tower by Amazon Holding
- Vinci Street by Misr Italia Proeprties
- Nile Business City by Nile Developments
- Mizar Tower by Zodiac Development
- De Joya Strip Mall by Taj Misr Developments
- El Centro Business Complex by Empire State Developments
- Solano by Capital Link Developments
Now that you know all about the residential and commercial projects of Egypt New Capital you must be wondering what are the prices of the properties for sale in the New Capital City
Properties For Sale in New Capital City
Before we go into detail about the prices of the properties for sale in Egypt New Capital City, it’s important to note that the prices differ from one compound to the other.
Also, the prices are set according to the property’s size, layout, design, and finishing status. In general, the properties for sale in New Capital City are
- Apartments available for prices ranging between 1,100,500 and 8,060,000 EGP.
- Studios available for prices ranging from 2,508,000 to 2,058,210 EGP.
- Duplexes listed in a price range of 2,020,000 to 37,500,150 EGP.
- Townhouse valued at a price range of 5,600,000 to 19,980,000 EGP.
- Twin houses available for prices ranging between 7,175,000 and 20,080,000 EGP.
- Standalone villas available for a price range of 6,017,070 to 50,000,000 EGP.
- Clinics listed for prices ranging from 954,000 to 33,000,000 EGP.
- Offices available for a price range starting from 682,000 up to 153,439,747 EGP.
- Retail units available for prices ranging between 924,000 and 501,220,000 EGP.
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out New Capital City listings.
In conclusion, Egypt New Capital is offering a bright future to everyone who steps foot in! The new city will provide a convenient living experience with the highest standards.
Do you need some expert advice on where to live or locate your business? Nawy is here to help! As a one-stop platform for all your real estate needs, our website allows you to compare hundreds of compounds and thousands of units. Or you can just tap the WhatsApp button and our property consultants will give you the advice you need.
