Apartment for sale in R7Third square from the CathedralNew Administrative CapitalOIA Compound – by Edge Holding Semi-finished deliveryArea: 125 sqm4th floor2 bedrooms + 2 bathroomsOpen viewNorth facing Immediate delivery with down payment onlyDown payment: 706,000And the rest in equal installments over 10 yearsWithout interestOrWith a 50% cash discountTotal price after discount = 3,530,000 Finishing option availableFinishing price per meter starts from 7,000 EGP Compound management and operation by CBRE
About the New Administrative Capital
The New Administrative Capital is one of the largest investment and real estate projects in Egypt today—an impressive development built on an area of 170,000 acres in a prime location between the Cairo–Suez and Cairo–Ain Sokhna roads, and close to many new cities such as Badr, El Shorouk, Mostakbal City, Madinaty, and New Cairo.The idea was first introduced at the Egypt Economic Development Conference in March 2015 and entered the implementation phase less than a year later, with an initial capital of 6 billion EGP. Work on the city is still ongoing. The project includes four main districts:
The Government District (featuring 18 ministerial buildings, the Presidential Palace, Parliament, and Cabinet headquarters)
The Diplomatic District
The Financial and Business District
The Residential District
The New Administrative Capital is expected to accommodate between 18 and 40 million residents by 2050, created to reduce pressure on old Cairo and provide new housing opportunities that embody true luxury and excellence in a fully smart, integrated city.
Why live in the New Administrative Capital?
Because it is a grand national project that the government is giving significant attention to, especially with the relocation of most ministries, embassies, and government institutions there by June 2021.It features a strong and advanced infrastructure—with electricity, gas, water, and telecom networks all placed in underground tunnels for easy maintenance without digging. The vast size of the project guarantees a healthy, clean, and private living environment.As a smart, fully integrated city, it offers all essential services close to your home.The abundance of green areas, water features, and crystal fountains provides scenic views for residential units, giving residents a sense of calm, joy, and tranquility.Finally, the city enjoys a powerful transportation network connecting it with both old Cairo and other new cities.