In recent years, the concept of "smart cities" has gained momentum worldwide, and Egypt is no exception. The country is actively embracing the idea of smart cities, and this has profound implications for the real estate market. The Rise of Smart Cities in Egypt: Egypt is moving towards urban development and digital transformation, and smart cities are at the forefront of this transformation. With the government's commitment to improving infrastructure and services, several smart city projects are taking shape across the country. Notable among them is the New Administrative Capital, which is being designed with smart city principles in mind. Smart cities integrate technology and data-driven solutions to enhance the quality of life for residents, promote sustainability, and optimize city operations. These cities are characterized by advanced connectivity, efficient transportation systems, green initiatives, and enhanced security, making them highly attractive to both residents and investors. Investment Opportunities in Egypt's Smart Cities: - Real Estate Development: The development of smart cities creates a substantial demand for real estate. Investors can benefit from residential, commercial, and mixed-use projects in these cities, as more people are attracted to the modern living and working spaces they offer. - Innovation Hubs: Smart cities often house innovation hubs, incubators, and tech parks. This presents opportunities for real estate investment in office spaces, co-working areas, and research centers. - Green and Sustainable Properties: Smart cities prioritize sustainability and eco-friendliness. Investing in green real estate projects can be lucrative, as there is a growing demand for environmentally friendly homes and offices. - Smart Infrastructure: Infrastructure development within smart cities includes smart transportation, energy-efficient utilities, and advanced security systems. Investors can explore opportunities in building and managing these systems. Benefits of Investing in Smart Cities: - Long-Term Growth: Smart cities are designed for long-term sustainability and growth. This ensures that real estate investments have the potential for steady appreciation over time. - High Demand: As more Egyptians seek a higher quality of life, the demand for real estate in smart cities is expected to increase. These cities offer better services, safety, and convenience. - Tech-Driven Efficiency: Smart cities leverage technology to optimize resources and improve the quality of services. This translates to better property management and maintenance, making real estate investments more efficient. Challenges and Considerations: While the prospects for investing in smart cities are promising, it's essential to consider some challenges. These may include regulatory hurdles, initial capital requirements, and potential competition. Engaging with experienced real estate developers and market experts is crucial for making informed investment decisions. Egypt's vision for smart cities is reshaping the real estate market, offering a futuristic investment opportunity. Smart cities combine technology, sustainability, and a high quality of life, making them attractive to both local and international investors. As Egypt's urban landscape continues to evolve, those who seize the opportunity to invest in smart city real estate are likely to reap the rewards of a forward-looking and dynamic market.
Obsidier Tower is located in Downtown , New Capital. The developer of Obsidier Tower is Dubai Developments.
The completion date for Obsidier Tower is and the finishing for the properties are Fully Finished.
The starting price of properties in Obsidier Tower is 3,843,042 EGP with a price per sqm of 65,298 EGP. The downpayment for a property in Obsidier Tower is starting at 10% or 384,304 EGP. The number of installments for a property in Obsidier Tower is 48 installments and has a payment plan of 12 years. The monthly payment of a property in Obsidier Tower 26,688 EGP
West Kanyon is located in Downtown , New Capital. The developer of West Kanyon is Deyar Misr Properties.
The completion date for West Kanyon is and the finishing for the properties are Fully Finished.
The starting price of properties in West Kanyon is 31,000 EGP with a price per sqm of 31,000 EGP. The downpayment for a property in West Kanyon is starting at 15% or 4,650 EGP. The number of installments for a property in West Kanyon is 28 installments and has a payment plan of 7 years. The monthly payment of a property in West Kanyon 369 EGP
M Business Tower is located in Downtown , New Capital. The developer of M Business Tower is Modon developments.
The completion date for M Business Tower is and the finishing for the properties are Fully Finished.
The starting price of properties in M Business Tower is 1,842,600 EGP with a price per sqm of 39,431 EGP. The downpayment for a property in M Business Tower is starting at 10% or 184,260 EGP. The number of installments for a property in M Business Tower is 40 installments and has a payment plan of 10 years. The monthly payment of a property in M Business Tower 15,355 EGP
AUDAZ is located in Financial District, New Capital. The developer of AUDAZ is Gates Developments.
The completion date for AUDAZ is and the finishing for the properties are Fully Finished.
The starting price of properties in AUDAZ is 2,970,000 EGP with a price per sqm of 70,755 EGP. The downpayment for a property in AUDAZ is starting at 35% or 1,039,500 EGP. The number of installments for a property in AUDAZ is 24 installments and has a payment plan of 6 years. The monthly payment of a property in AUDAZ 41,250 EGP
Sixty Three is located in Financial District, New Capital. The developer of Sixty Three is Al Borouj Misr.
The completion date for Sixty Three is and the finishing for the properties are Fully Finished.
The starting price of properties in Sixty Three is 3,819,960 EGP with a price per sqm of 70,740 EGP. The downpayment for a property in Sixty Three is starting at 10% or 381,996 EGP. The number of installments for a property in Sixty Three is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Sixty Three 79,583 EGP
Midway Plaza is located in R3, New Capital. The developer of Midway Plaza is Dolmen Developments.
The completion date for Midway Plaza is and the finishing for the properties are Fully Finished.
The starting price of properties in Midway Plaza is 2,346,000 EGP with a price per sqm of 57,220 EGP. The downpayment for a property in Midway Plaza is starting at 20% or 469,200 EGP. The number of installments for a property in Midway Plaza is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Midway Plaza 24,438 EGP