{"id":3464,"date":"2020-01-19T10:30:16","date_gmt":"2020-01-19T08:30:16","guid":{"rendered":"https:\/\/advice.aqarmap.com.eg\/en\/?p=3464"},"modified":"2020-01-19T13:12:03","modified_gmt":"2020-01-19T11:12:03","slug":"top-5-features-of-new-cairo-city","status":"publish","type":"post","link":"https:\/\/aqarmap.com.eg\/en\/advice\/top-5-features-of-new-cairo-city\/","title":{"rendered":"Top 5 features of New Cairo city"},"content":{"rendered":"

New Cairo is considered the most important modern city in Egypt, as it occupies second place in the rating of new cities after the New Administrative Capital.<\/span><\/p>\n

In this article, Aqarmap will provide you with the five most important information you should know about New Cairo.<\/span><\/p>\n

The geographical scope of New Cairo<\/b><\/h2>\n

It is quite common during the recent period that the Fifth Settlement is New Cairo, which is a big mistake, as the settlement including all of its neighborhoods is just a part of the New Cairo city that also includes Al-Rehab and Madinaty.<\/span><\/p>\n

New Cairo was built east of Cairo governorate over an area of 70,000 feddans, and is located on the ring road, Maadi road, \u201cel katameya \u2013 El Ain EL Sokhna\u201d road, and “Cairo – Suez” road. Its population is expected to reach 5 million.<\/span><\/p>\n

Apartments in installments over 20 years<\/b><\/h2>\n

Social housing projects are suitable for young people and small families who want to start a new life, but they can\u2019t afford to buy an apartment in New Cairo. Therefore, the Ministry of Housing introduced the apartments of Dar Misr, which is considered as one of the luxurious housing projects implemented by the New Urban Communities Authority.<\/span><\/p>\n

The project offers units at vital and important places in New Cairo, with prices and spaces suitable for new families and the youth, as the space of the apartment start from 100 square meters to 150 square meters.<\/span><\/p>\n

Various options<\/b><\/h2>\n

Moreover, you can choose the finishing and design that best suits your needs through several different models. The project also contains shopping malls, schools, 24-hour security service and other high-end compounds services.<\/span><\/p>\n

As for the prices, the price per square meter ranges between EGP 3,900 and EGP 4,250, in addition to 2% of the unit value for upper floors, and 5% maintenance expenses to be paid in two installments.<\/span><\/p>\n

The project also offers two payment methods, both of which start with a reservation payment of 20% of the unit\u2019s total value, then either to pay installment over 20 years through financing from the central bank, which value reaches EGP 500,000, or installment over 5 years without interest.<\/span><\/p>\n

Commercial investment opportunities<\/b><\/h2>\n

New Cairo contains several commercial malls that you can invest in, such as:<\/span><\/p>\n

Medical Mall:<\/strong><\/p>\n

Ozon Mall, New Cairo is the largest region in Egypt that is concerned with healthcare and providing health care services.<\/span><\/p>\n

The project is located in Al Narges neighborhood, in the 5th settlement, over an area of <\/span>\u200b\u200b<\/span>17,829 square meters.<\/span><\/p>\n

The mall offers medical clinics of spaces starting from <\/span>\u200b\u200b<\/span>37 square meters, in addition to centers for medical analysis, radiology and pharmacies.<\/span><\/p>\n

The project also offers payment methods to pay in installments up to 72 months, after paying 10% down payment of the clinic\u2019s total value.<\/span><\/p>\n

Do not hesitate and book your unit in our medical community.<\/span><\/p>\n

Commercial investment:<\/strong><\/p>\n

Cairo Capital Center Mall offers an opportunity to start a commercial project, as it is located in Banks Street, near the vital 90<\/span>th<\/span> Street.<\/span><\/p>\n

It is also located on the Ring Road, near the cities of EL Shorouk, El Obour, The New Administrative Capital, Nasr City and Heliopolis.<\/span><\/p>\n

This means that it is close to many vital areas in Cairo. It is easily accessible, this is one of the essential features of any center that mainly provides medical care services.<\/span><\/p>\n

The mall is built over an area of <\/span>\u200b\u200b<\/span>770,000 square meters, and includes 6 floors, as well as various services, such as:<\/span><\/p>\n