The New Administrative Capital (NAC) is Egypt’s most ambitious urban development project, setting a benchmark for modern, smart cities. Planned to accommodate 18 to 40 million residents by 2050, it is a visionary response to Cairo’s congestion and Egypt’s rapid population growth. We'll dive into everything that makes the New Capital a game-changer for real estate and urban living. Why Is Egypt Building the New Capital City? Egypt is reshaping its urban future with the New Capital to address pressing challenges: - Population Growth: The nation’s population is expected to double in the next 40 years, necessitating innovative housing solutions. - Urban Congestion: Cairo’s overcrowding demands a sustainable, forward-thinking alternative. - Employment Opportunities: The project is a catalyst for creating jobs and attracting investments. The New Capital is designed as an inclusive city, welcoming diverse income levels while introducing state-of-the-art infrastructure for residents and businesses. Where Is the New Administrative Capital Located? Conveniently positioned on Cairo’s outskirts, the NAC connects major hubs via key roads like: - Cairo-Suez Road - Cairo-Al Ain Sokhna Road - Mohamed Bin Zayed Axis Proximity to New Cairo, Future City, and Madinaty makes it highly accessible and attractive for residents and investors alike. Fast Facts About the New Capital: Here’s a quick breakdown of what makes this mega-project so impressive: - Size: Spanning 700 square kilometers (comparable to Singapore). Phases: - Phase 1: 40,000 acres, accommodating 6.5 to 7 million people. - Phase 2: 47,000 acres. - Phase 3: 97,000 acres. Residential Areas: Features R5, R7, and R8 districts. Features of the New Administrative Capital: The NAC boasts a wide array of districts and facilities to cater to modern lifestyles: - Business District: Home to Egypt’s tallest skyscraper, the Iconic Tower. - Cultural District: Includes theaters, museums, and exhibition halls. - Residential Districts: Offering luxury villas, apartments, and townhouses. - Green Spaces:The Green River stretches 35 km, alongside the Central Park, which is larger than New York’s Central Park. Smart City Features: The NAC stands as one of the world’s largest smart city initiatives: - Unified digital infrastructure. - Smart traffic systems and public transportation. - Waste recycling for urban agriculture. - Cashless and paperless governmental operations. Popular Compounds in the New Administrative Capital The NAC offers various residential compounds tailored to diverse preferences: - La Verde - Capital Way - The City Valley - Sky Capital These compounds feature high-quality finishes, world-class amenities, and a mix of unit types. Why Invest in the New Administrative Capital? The NAC is not just a residential hub; it’s an investment hotspot. Here's why: - Affordable Prices: Apartment prices start from EGP 8,500 per square meter. - High Demand: The city’s modern lifestyle attracts residents and businesses alike. - Sustainable Growth: A robust master plan ensures long-term value appreciation. The New Administrative Capital is more than a city; it’s Egypt’s vision of the future. From creating jobs to elevating urban living standards, it exemplifies modernity and sustainability. With over 17,500 feddans sold and partnerships with global firms like Honeywell and Etisalat Misr, the NAC is well on its way to becoming a global benchmark.
Midtown New Cairo is located in 5th Settlement, New Cairo. The developer of Midtown New Cairo is Better Home.
The completion date for Midtown New Cairo is and the finishing for the properties are Fully Finished.
The starting price of properties in Midtown New Cairo is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Midtown New Cairo is starting at Ask for price or Ask for price. The number of installments for a property in Midtown New Cairo is 8 installments and has a payment plan of 2 years. The monthly payment of a property in Midtown New Cairo Ask for price
UNITOWER Business Complex is located in Downtown , New Capital. The developer of UNITOWER Business Complex is UC Developments.
The completion date for UNITOWER Business Complex is and the finishing for the properties are Fully Finished.
The starting price of properties in UNITOWER Business Complex is Ask for price with a price per sqm of Ask for price. The downpayment for a property in UNITOWER Business Complex is starting at Ask for price or Ask for price. The number of installments for a property in UNITOWER Business Complex is 24 installments and has a payment plan of 6 years. The monthly payment of a property in UNITOWER Business Complex Ask for price
Code is located in Downtown , New Capital. The developer of Code is Jadeer Group.
The completion date for Code is and the finishing for the properties are Fully Finished.
The starting price of properties in Code is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Code is starting at Ask for price or Ask for price. The number of installments for a property in Code is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Code Ask for price
Westin Park is located in Downtown , New Capital. The developer of Westin Park is Emtelak.
The completion date for Westin Park is and the finishing for the properties are Fully Finished.
The starting price of properties in Westin Park is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Westin Park is starting at Ask for price or Ask for price. The number of installments for a property in Westin Park is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Westin Park Ask for price
Quan Tower is located in Financial District, New Capital. The developer of Quan Tower is Contact Developments.
The completion date for Quan Tower is and the finishing for the properties are Fully Finished.
The starting price of properties in Quan Tower is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Quan Tower is starting at Ask for price or Ask for price. The number of installments for a property in Quan Tower is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Quan Tower Ask for price
Cairo Business Plaza New Capital is located in Financial District, New Capital. The developer of Cairo Business Plaza New Capital is Better Home.
The completion date for Cairo Business Plaza New Capital is and the finishing for the properties are Fully Finished.
The starting price of properties in Cairo Business Plaza New Capital is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Cairo Business Plaza New Capital is starting at Ask for price or Ask for price. The number of installments for a property in Cairo Business Plaza New Capital is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Cairo Business Plaza New Capital Ask for price