Aqarmap.Prices Guide.New Maadi

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(Apartments)

Prices of Apartments in New Maadi average 11,500 EGP per square meter.

(Villas)

Prices of Villas in New Maadi average 22,050 EGP per square meter.

Estimate Property Value

List property

Average price per meter in past 12 months

Neighborhood

Apartments Average price per meter

Al Maadi Company St.	14,600 EGP /M²
Street 258	14,450 EGP /M²
El Lasilki	14,050 EGP /M²
Street 298	12,950 EGP /M²
Palestine Rd	12,750 EGP /M²
El Nasr St	12,300 EGP /M²
El Nadi El Gadid St	12,200 EGP /M²
Street 305	8,300 EGP /M²

100%

Demand level

(Very High)

+32.32%

Price change in 12 months

70%

Demand level

(High)

Overall Rating

7.6

Social Status

8.0

Education

7.0

Health Services

7.0

Peacefulness

7.0

Location

8.0

Transportation

8.0

Shopping & Dinning

7.0

New Maadi extends from Laselky square to Autostrad, and it includes Arayes Housing, Saqr Quraish, and Kuwaiti Company Housing Project. The neighborhood is known to have proliferation of petrol companies. El Arab and Basateen is considered one of the most informal areas in Maadi, and some of its areas can be categorized as slums. These areas are considered the service area for Maadi, because of the availability of different commercial shops and various transportations and its position that links between all Maadi neighborhoods. New Maadi offers upper middle, middle and Economic housing depending on which part of the neighborhood you are interested in. About Maadi: A prestigious and older neighborhood that is located south of Cairo. Maadi can be divided into three main areas: Old Maadi, Zahraa Maadi and New Maadi. Each area offers various residential levels, but overall Old Maadi is the most luxurious. Maadi is known for its greenery, unique street/square planning, quietness, sophistication, and proliferation of schools, hospitals, and universities. Maadi’s key drawback is the lack of parking due to older planning standards and an increasing commercial activity across its main roads. Maadi is well known to attract expats who live in Egypt, mostly due to its safety, the presence of most foreign embassies, and the availability of culture centers and services that match the needs of most expats. Maadi has different landmarks like: Wadi Degla Reservation, Fossilized Trees Reservation, and Wadi Degla Club. Public transportation is available, and the neighborhood can be reached via Nasr road, Nile Corniche, Ring Road and the following Metro stations (Thakanat Maadi, Maadi, Hadayek Maadi).