Did you know that Egypt New Administrative Capital City is the same size as Singapore? What else don’t you know about the city? Of course a lot! Although New Capital has become the talk of the town over the past few years, people barely know any details about the city. That’s why we gathered the most frequently asked questions about the city and will answer them in this article.
Egypt New Administrative Capital City
The Egypt New Administrative Capital City is established to become the country’s economic, political, and administrative hub. In other terms, every important building in the country will be located in the new city.
New Capital is also expected to house from 18 to 40 million people by 2050. Accordingly, the city already has numerous high-end residential compounds.
Now let’s dive right in and answer all your questions about the New Capital!
1. Where is Egypt’s New Capital City?
The most important aspect of any city is its location, and when it comes to the New Capital location, residents will hit the jackpot!
To be more precise, Egypt New Administrative Capital City has an ideal location on Badr City’s borders. This prime location is only 60 km from Ain Sokhna and Cairo’s downtown.
Additionally, the ideal location of New Capital is near New Cairo, Madinaty, and Mostakbal City.
Read more about the city in A Complete Guide To Egypt New Capital
2. Who Is developing the New Capital?
The leading construction companies in Egypt are working on establishing the New Administrative Capital City. These companies include
- Talaat Moustafa
- Arab Contractors
- Hassan Allam Holding
- Orascom Construction
- Concord
- Wadi El Nile
- CSCEC company
3. What are the services & facilities available in Egypt New Capital?
Built with international standards, Egypt New Capital features a wide range of world-class services and facilities, such as
- Transportation network
- Governmental institutions
- Airport
- Central Park
- Expo City
- Universities and schools
- Al Masa Hotel New Capital
- Medical facilities
- Amusement park
- Sports facilities
- Green River
- Fitness tracks
- Zoo
- Playgrounds
- Opera House New Capital
- Roman Theater
4. How much do New Capital properties cost?
Although apartments, duplexes, and penthouses are the most popular properties in the New Capital, there are also twin houses, townhouses, and standalone villas.
Needless to say, each project has its own collection of properties that come in various shapes, sizes,
Currently, you can get a residential property in the New Capital with prices ranging between 1,100,500 EGP and 50,000,000 EGP.
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out Egypt New Capital listings.
5. What is the area of the New Administrative Capital of Egypt?
The area of the New Administrative Capital of Egypt is s 168,000 acres. With the first phase extending across 10,000 acres.
Besides the services and facilities mentioned above, this vast area also includes a long list of upscale residential and commercial projects. The top New Capital projects include but are not limited to
- De Joya New Capital
- La Verde
- Celia New Capital
- Il Bosco New Capital
- Taj Tower
- La Vista City
Have any more questions? Nawy’s dedicated team of consultants is happy to help! Tap the WhatsApp button now to speak with one of our consultants, get all the answers you need, and choose your future home.