In 2015, the Egyptian Minister of Housing announced implementing the New Administrative Capital, whose opening is scheduled to take place by mid-2019, is one of the mega projects in eastern Cairo. According to the plans, the City is to be the new administrative and economic capital of Egypt. Additionally, it will be a smart city that makes use of all means of modern technology, for it will include the most luxurious compounds and resorts, such as: Rhodes compound.<\/p>\n
Establishing the New Administrative Capital<\/a> is an attempt to mitigate the congestion in Cairo. The New Administrative Capital aims at promoting the economic potential of Egypt through establishing new job, housing and services\u2019 opportunities. It will be able to attract people through establishing numerous attraction sources such as: a governmental quarter, cultural district and civilization districts.<\/span><\/p>\n Plaza Gardens Company is the sponsor of the project. This company has implemented the East Park Compound in 6th of October City within 14 months.<\/span><\/p>\n Rhodes compound is the largest compound, extending over an area of 99 acres. 22.5% of it is allocated for buildings and the rest is for services and landscape. It is featured with its level rise and it includes a shopping mall, an integrated services area, a medical center, a social club, a school, cinema, sports club, spa and wedding and occasions’ hall.<\/span><\/p>\n The buildings consist of a ground floor and seven repeated floors. Each building has an elevator from the ground floor till the last floor.<\/span><\/p>\n 3 minutes away from the heart of the New Administrative Capital at R7 region. It is located in front of the largest entertainment city worldwide and the Olympic City. Moreover, it is adjacent to the embassies district, and a few steps away from the Green River, republican headquarters, Al Masa hotel, Opera House, and Disneyland.<\/span><\/p>\n The apartments range from 90 m<\/span>2<\/span> to 220 m<\/span>2<\/span><\/sup>, while the villas are duplex and range from 240 m<\/span>2<\/span><\/sup> to 360 m<\/span>2<\/span><\/sup>, in addition to a share in the garage\/parking with an average price<\/a>* of EGP 8,000. The first payments start from EGP 150,000 with installments over 4 years without interests, in addition to 1% membership, customizing and administrative expenses.<\/span><\/p>\n The project contains 2 gates, operating with the pass card system and full integrated system with the latest surveillance cameras. There is also sports club, medical center, cinema and mall.<\/span><\/p>\n * Please note that all prices mentioned in this article are for the first quarter of 2019 and subject to change, and we in Aqarmap try to update them regularly in our prices guide of districts. \u00a0Choose between different spaces<\/a>\u00a0and styles in the best compounds in the New Administrative Capital, you would find many payment plans that suit all.<\/p>\nInformation on Real Estate Developer of the project<\/strong><\/h2>\n
Details<\/strong><\/h2>\n
Location<\/strong><\/h2>\n
Apartments\u2019 prices* and payment facilitating details\u00a0<\/strong><\/h2>\n
Rhodes compound facilities<\/strong><\/h2>\n