Looking to buy property in 5th Settlement for investment, check this article
The Fifth Settlement is one of the districts of New Cairo that comprises other districts including Al Rehab, First Settlement and Third Settlement.
The Fifth Settlement lies east of Cairo near the Ring Road and Suez and Katameya Desert Roads.
The district is distinctive for its many services and conveniences, away from the large population of Cairo and providing various services including medical, administrative, commercial and educational ones. The increasing investments in the district make it a great choice for everyone thinking about owning an accommodation in Cairo. In this article, you will know about the best Compounds in the Fifth Settlement.
Benaa
A mini compound located at one of the most luxurious districts in the Fifth Settlement is Benaa. It offers units with various areas for freedom of choices.
Project Location
The compound is located in Arabella which is one of the most luxurious districts in the Fifth Settlement.
Units’ Areas and Prices
The compound offers different models of flats, duplexes and ground floor flats with private gardens. The areas of the flats range between 37 and 262 square meters with prices starting at 1362720 EGP while the duplexes start at 310 square meters with prices from 2607100 EGP. The flats with gardens are of areas starting at 326 square meters and prices from 2330900 EGP.
Instant delivery is offered and various payment plans are available.
Gardenia Heights
Gardenia Heights is one of the residential districts in the Fifth Settlement located south of Mostasmereen District and including three main regions. The district has units of areas of 120 square meters and 240 square meters.
Details
The prices of the units start at 435 thousand EGP and up to 957 thousand EGP with areas of 120 to 240 square meters. The payment plans include 30 monthly installments with 30 percent as down payment or 40 monthly installments with 40 percent as down payment.
To reserve a unit you need to have a bill receipt, a national ID and the value required for reservation.
Azadir New Cairo
The large project was built on an area of 17 acres and is composed of 13 towers with 3 entrances for every building. The project was built by OUD Company which also owns other projects.
Areas and prices
The project offers flats, duplexes and penthouses. The areas of the flats range between 124 and 179 square meters while the areas of the duplexes range between 279 and 359 square meters and penthouses’ areas are 102 square meters.
The price of each square meter ranges between 17 thousand and 18 thousand EGP noting that they are not finished with high quality materials. The fully finished units are priced at 19 thousand to 22 thousand EGP for each square meter.
Project Services and Amenities
- Electronic gates
- Security
- Swimming pools
- Green areas
- Restaurants
- Cafes
- Club house
- Commercial stores
- Gym
- Running track
- Spa
Payment Plans:
- 1 percent down payment and 4-year installments
- 5 percent down payment and 5-year installments
- 10 percent down payment and 6-year installments
- 15 percent down payment and 7-year installments
Features of the Fifth Settlement
Schools and Universities
- The German University in Cairo
- The American University in Cairo
- The Canadian International University
- Future University in Egypt
- New Cairo Academy
- Translation and Languages Institute
- The International Schools of Choueifat
- Salahaldin International School
- The American International School
- European International School
Services
There are many other services in the Fifth Settlement other than the educational ones. This includes many clubs like Wadi Degla, Katameya, Tayaran, Platinum and Jezirah.
Newly built mosques are also available including Hassan El Shatbatly, Khatem Al Morsaleen, Radwan and Al Farouq.
Shopping malls in the district include Cairo Festival City, Downtown Mall, and Point 90 in addition to many other restaurants and cafes.