Apartments prices in Compounds in New Cairo

New Cairo hosts more than 100 gated residential compounds that are located across several neighborhoods. Some of the most famous compounds are Rehab, Cairo Festival City, Mivida and Hyde Park. Residential levels vary inside those compounds, mostly provide luxury and upper middle housing, and some offer middle housing. All compounds offer special services for the inhabitants, and most of the compounds are in Northern Investors and Southern Investors and the area surrounding the American University in Cairo. About New Cairo: New Cairo is one of the biggest and most sophisticated neighborhoods in Greater Cairo. It is located east of Cairo, and it includes many residential areas; most notably Fifth Settlement, First Settlement, and Third Settlement which are among the first areas to be populated. It is common to call New Cairo the Fifth Settlement; however, the reality is that the Fifth Settlement represents a small area inside New Cairo. The city is very well planned in Egyptian standards; however, many people complain that the city is already getting crowded around the 90th road commercial area although the city is not fully populated yet. New Cairo is mostly calm with low population density, and it contains a number of private universities and schools. Some roads are still unpaved in the newer areas but they are expected to be finished soon. One of the drawbacks of New Cairo are the outrageous property prices which are mostly fueled by high demand. The majority of New Cairo neighborhoods offer upscale and luxury level housing; however, there is still several areas that offer middle and upper-middle level housing, and areas like Third Settlement has pockets of economic housing offerings. New Cairo key landmarks are: Police Academy, Cairo Festival City, Downtown Mall, American University in Cairo. The city can be easily reached by driving as it's surrounded by Ring road, Sues road, and Sokhna road. Public transportation to New Cairo is limited, and within the city it is almost non-existent. The 90th road is an exception and it remains highly serviced due to its heavy commercial activity.