The New Administrative Capital of Egypt is a marvel in the making. This sprawling metropolis, often dubbed simply as “The New Capital,” is a symbol of the country’s ambition, progress, and grand vision for the future. Located just 45 kilometers east of Cairo, this city, still without an official name, is poised to become the new heart of Egypt, housing governmental departments, foreign embassies, and a growing population. In this blog, we will explore the key features, services, and the best residential compounds in the New Administrative Capital.
Best Compounds in New Administrative Capital
The New Administrative Capital is not just about government offices and business centers; it also promises an exceptional quality of life for its residents. Here are some of the best residential compounds in the city.
Suli Golf Residence
the Suli Golf Compound, a prominent project by UC Real Estate in the New Administrative Capital. This modern development offers a prime location near key access points and features essential amenities and recreational services. Nestled in the heart of the New Administrative Capital’s eighth residential neighborhood, R8, the Suli Golf Residence Compound spans 26 acres and offers various unit types, including apartments and duplexes, with sizes starting at 155 square meters. Prices for these units begin at 1,782,500 EGP, and UC Real Estate Development Company offers a convenient payment plan, requiring a 10% reservation down payment, with the remaining balance payable over a period of up to 7 years.
IL Bosco
IL Bosco New Capital, a comprehensive residential development by Misr Italia situated in close proximity to the Presidential Palace and Academic Center within the New Administrative Capital. Covering a vast 200-acre area, IL Bosco offers a diverse range of unit types, including apartments, standalone villas, and twin houses, with sizes ranging from 121 m² to 530 m². Pricing per square meter starts at 9000 EGP and goes up to 12000 EGP. The developer, Misr Italia, provides flexible payment options, allowing for a 10% down payment with installments spread over 7 years or an extended 9-year payment plan with annual interest for the unit’s value.
Al Maqsad Residence
Al Maqsad Residence, a premier residential project that epitomizes architectural advancement within the heart of the New Administrative Capital, is a focal point of attention. Al Maqsad Capital Compound provides a spectrum of high-end living experiences, boasting a wide array of services, amenities, and recreational activities. Situated in a strategic location facing the Olympic Village, the Central Business District, near the smart village, and the Academy District, Al Maqsad occupies a substantial 214-acre area. Offering apartments and penthouses, the units range from 137 to 187 square meters, with prices starting at 12,500 EGP per square meter. City Edge Developments, the owning company, offers a flexible payment plan, requiring just a 5% down payment, with the remainder payable in installments over 7 years.
De Joya New Capital
Introducing De Joya, the newest venture by Taj Misr Development in the New Administrative Capital. This project, nestled in R8, plot No. B2, spans a generous 23-acre expanse and offers a diverse range of unit types, including studios, apartments, duplexes, and villas, with sizes ranging from 70 to 410 square meters. Pricing per square meter starts at 10,000 EGP and goes up to 12,500 EGP, with unit prices starting at 700,000 EGP. Taj Misr Development provides flexible payment options, allowing for down payments ranging from 0% to 10%, and installment plans extending from 7 to 9 years.
Diamond City
Diamond City, is a colossal and opulent mixed-use project situated in the heart of the New Administrative Capital. Notably, it enjoys a prime location with picturesque views of the Green River. Spanning a substantial investment area of approximately 4 million square meters, with a land area of around 2.5 million square meters, Diamond City offers a variety of unit types, including duplex apartments, penthouses, twin houses, and commercial and administrative units. Pricing starts at 18,000 EGP per square meter, and this impressive development is brought to you by Al Ahly Sabbour Developments.
La Verde Cassette
La Verde Cassette Compound, an upscale residential community located in the 8th residential district, boasting a prime position in the sought-after K1 plot. Spanning an expansive area of approximately 60 acres, this development is brought to you by La Verde Egypt and exclusively offers villas. The villas come in various sizes, starting at 200 square meters, with prices commencing at 3,950,000 EGP. The payment scheme includes a 10% down payment, with the remaining balance payable over a six-year installment period.
La Vista City
La Vista City, is an all-encompassing residential development situated in the New Administrative Capital, conveniently positioned near Hyde Park and Mivida on the Middle Ring Road in R4. Encompassing a vast 910-acre area, this project offers a variety of unit types, including villas, townhouses, and twin houses, with unit sizes ranging from 230 to 470 square meters. Prices for these units span from 4.6 million EGP to 10.5 million EGP, and a flexible payment plan is available with a 15% down payment and installment options extending over six years.
Retail Paradise: Malls in the New Administrative Capital
Pyramids City
Pyramids Mall is situated at a prime location in the heart of the New Administrative Capital, right across from Al Masa Hotel and in proximity to the Green River. Pyramids Mall is a multifaceted project encompassing administrative, commercial, and hotel facilities, offering a comprehensive range of services. Spanning 45,000 square meters, this development comprises commercial units, administrative spaces, and medical clinics, with prices starting at 3,640,000 EGP. The project is undertaken by Pyramids Developments, and the payment structure involves a 10% down payment with a 10-year interest-free installment plan. Invest in Egypt’s largest national project and secure high returns with Pyramids Mall, thanks to its competitive pricing and flexible payment terms, providing the opportunity for substantial profits in a short time frame.
Nile Business City
The Nile Business Cityy project is an outstanding investment opportunity due to its status as one of the tallest towers in the New Administrative Capital. Situated Downtown on plot MU32 and spanning a vast 7.8 acres, the project’s initial phase offers administrative units with starting sizes of 33 square meters and competitive rates, beginning at 44,500 EGP per square meter. Nile Developments is the driving force behind this development, offering flexible payment options ranging from a 10% to 30% down payment and repayment periods extending from 6 to 10 years.