The best areas to rent shops in Heliopolis
In this article, you can know more about the best areas to rent shops in Heliopolis, a district in Egypt. It lies northeast of Greater Cairo beside Cairo International Airport.
Founded in 1910 by the Belgian billionaire Baron Empain, it is featured with its good division and spacious squares. Most of its districts are socially and culturally high-end. The area is considered as one of the most affluent areas of Greater Cairo. It has been designed at the highest levels of elegance and luxury.
Moreover, it is a center of the ancient elite class, making it an affluent area which maintains the aristocratic approach.
Heliopolis has also many educational facilities, such as universities and schools. It hosts the most well-known hotels and residential neighborhoods.
The district encompasses abundance of services and very good facilities, in addition to several commercial activities; including shops for rent in Heliopolis and for sale as well.
Unique Neighborhoods and Historic Areas
Heliopolis is divided into several neighborhoods, including (Roxy – New Nozha – El Hegaz Square – Sheraton Heliopolis – St. Fatima – Triumph – Al Orouba – Ismailia Square – Safir Square – Korba – Faculty of Girls – Ard Al Golf – El Mahkama Square – Heliopolis Square – Mansheyat Al Bakry – Salah El-Din Square – Al Merghani- Al Saba’a Omarat (The Seven Buildings) Square- Heliopolis Compounds).
Location of Heliopolis
Heliopolis District is one of the highly populated areas. It is easily accessible through Al Nasr Rd, Salah Salem St and Gesr El Suez, and also through the underground metro “Koleyet El Banat Station”.
The district has various green spaces that separate its buildings from each other. Besides, its buildings have unique architectural designs, giving it an aristocratic nature, and attracting foreigners and expatriates to reside in.
It is full of commercial activities, most of which are located at Gesr El Suez Street, paralleling to all areas of Heliopolis, and among these activities are shops, markets, restaurants and cafes.
Heliopolis has also many major shopping malls hosting a number of international agencies for clothing and all marketing activities.
Hence, many individuals interested in investment are looking for shops for rent in Heliopolis, because it contains the best areas for renting shops.
Prices and Areas in Heliopolis
Properties in Heliopolis are elegant and luxurious. They are offered with spacious and various spaces that suit all individuals, not to mention its high living and social standards.
Its residential units are well-known for their high prices due to the aforementioned features and advantages.
This district is also characterized by many high-end housing projects, the most prominent of which are “The Gate – Stella”.
Furthermore, Heliopolis is one of the largest areas that host spacious real estate properties and diverse internal divisions, which are pursued by many people, companies, investors and others who want to make use of such marvelous overpopulation through investment by renting shops in Heliopolis, and particularly at St. Fatima, Heliopolis Square, El Hegaz Square, and Almaza.
Several people are looking for shops for rent in Heliopolis at those areas in particular due to its diverse units, and good prices as well.
However, you can hardly find shops for ownership or sale in Heliopolis, which has raised considerably the prices of shops, and exactly in several areas, such as “New Nozha” and “Ard Al Golf”.
Due to the unavailability of units for sale, many people tend to rent shops in Heliopolis at Ard Al Golf, El Hegaz Square, or at New Nozha.
Ard Al golf is one of the most targeted areas in Heliopolis due to its units appropriate for carrying out commercial activities, and thus it is suitable for all categories.
This neighborhood is famous for its different residential units, like towers, modern buildings and villas, separated by dense green spaces, providing tranquility and relaxation for the residents.
Shops for Rent at Korba Heliopolis
Korba is one of the oldest neighborhoods in Heliopolis and is well known as a first-class commercial district that has a distinctive architectural style. It is located at the center of Salah Salem St., which is famous for its shops and agencies for clothing, shoes and others, as well as Al Merghani, Heliopolis Palace and Al Khalifa Al Maamoun.
It hosts a lot of restaurants and cafes, along with Heliopolis Sporting Club and Heliopolis Palace.
Moreover, this neighborhood is one of the most expensive areas in Heliopolis.
Rent Shops at Gesr El Suez Heliopolis
Moreover, Gesr El Suez is one of the largest streets in Heliopolis; it starts from Al’asher bus stop to Ibn Sendar Street, a vital street located parallel to Heliopolis and Alf Maskan (1,000 dwellings) Square. It includes several major and various commercial activities.
In addition to many gardens, there are other famous areas as: Al Herafieen and the commercial area of Gamal Abdel Nasser. It is an average neighborhood that hosts many commercial rent and ownership shops, and is suitable for those seeking a medium investment.
Features of Renting Shops at Gesr El Suez Heliopolis
The rise of Investor demand in the area is based on several important factors; the top of which is the population in this area, then the movement of trade, and the geographical location.
All such factors are combined in Heliopolis; as it is famous for its different and various restaurants, and the international clothing shops. Therefore, many investors who are interested in restaurants and shops tend to look for shops for ownership or rent in Heliopolis.
It has various and several spaces starting from 25 m² and up to 300 m². The average rent for shops in Heliopolis is EGP 6,000 according to the prices of the fourth quarter of the previous year.
It may reach EGP 150,000 monthly according to the location and the area of the commercial unit.
* Please note that the prices provided in the article are changeable. In Aqarmap, we are keen on updating the neighborhood price list constantly to keep the consumer up to date in the Real Estate Market and measure demand indicators via Aqarmap Index.