Prices of Apartments in Industrial Zone average 23,550 EGP per square meter.
The Industrial Area in New Cairo is located on Ein Sokhna road but it is considered part of New Cairo. It contains a small residential area that hosts factory workers, and it is relatively close to Abo El Hawl 3 district. Services are poor in the area, and most housing is economic housing that is geared towards labour workers. 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.