Discover most privileged areas for rent in The Eighth District of Nasr City
In this article, Aqarmap offers a you a guide of real estate properties for rent in in The Eighth District of Nasr City.
If you want to set up a project, a small company, or buy a store, then you will find your purpose when you search for real estate for rent in The Eighth District Nasr City. It is vital and active, which means that it’s a good market for your project. Moreover, it’s one of active districts in Nasr City.
The district is characterized by its perfect location, good design, well-planned and paved streets, with a periodical cleaning service of the whole district.
It includes residential units suitable for middle and upper-middle classes, and economic residential units representing the best areas for rent in The Eighth District Nasr City.
The Eighth District is located in the north east of Greater Cairo, at Mostafa Al Nahas extension crossed with Hassan Maamoun Street. Thus, the Eighth District is in the middle of them.
The district is distinguished by its large and wide streets, the spread of commercial and entertaining activities, and it’s landmarks of companies, authorities, institutions, and commercial and entertaining activities.
The district is known for its quietness and unique style, comparing to Nasr City’s other districts which are famous for their permanent congestion. In addition, it’s adjacent to a number of Nasr City’s excellent compounds, which afford splendid residential units with different areas.
The district is near to Wonderland Amusement Park, The International Park, Al Ahly Club, and Al Waha City. In addition, it’s minutes away from Nast City’s most important streets: Makram Ebeid and Abbas AL Akkad; which are considered among Egypt’s most famous and vital commercial streets.
The Eighth District location
The district is located between Mostafa Al Nahas Street and Hassan Maamoun Street, extending to Ezbet El Haganah, at Joseph Tito Axis.
Its bounded on the north by Omar bin Al Khattab Street and Al Nasr Road, bounded on the east by Mostafa Al Nahas extension, Ahmed Al Zomor Street, Mahdy Arafa Street, and Al-Mosher Fahmy Axis.
Moreover, it’s bounded on the south by Hassan El Sherif Street, Zaker Hussein Street, Al Wafa Wa Al Amal City, and Al Waha City. It’s also bounded on the west by Ali Amin Street “Mostafa Al Nahas” and Dr. Abdallah Al Araby Street.
It’s reachable through Al Nasr Road, Sixth of October Bridge, or Al-Mosher Axis from New Cairo. The district is 15 minutes away from Downtown, 5 minutes from the heart of Nasr City, and 10 minutes from New Cairo. Thus, it’s easy to go into or out of the district.
Best areas for rent in The Eighth District
People’s selections of residential units, administrative offices, or commercial units differ according to unit’s location and price. Thus, The Eighth District has different locations for commercial activity.
Some people tend to search for stores for rent in The Eighth District in side streets, like Abdullah Bin Tahir Street, Ibn Al Nafees Street, Mahmoud Ghoneim Street, and Gamal Al Din Al Afghani Street. Prices there are lower because the stores are located in side streets. While others prefer to search for apartments for rent in a main street, like Mostafa Al Nahas, Ahmed Al Zomor, and Hassan Maamoun; as these streets are vital and include many service centers. Consequently, its purchasing rate is somehow high. Areas of commercial, residential, and administrative units in Nasr City generally vary from 50 M2 to 500 M2.
Searching for residential units differs in terms of needs; some people search for upper-middle units like apartments for rent where Al Ahly Club is located, Hassan Maamoun Street, and Ahmed Al Zomor Street, in addition to the privileges of each apartment, residential unit, and commercial store.
There is a high demand from expat students, usual students, and prospective spouses for small apartments for rent within Ezbet El Haganah in The Eighth District; for the reason of the low price compared to apartments for rent in Mostafa Al Nahas extension, with their large areas for which big families and companies search.
Renting prices in The Eighth District
The Eighth District includes residential and commercial units with different prices, according to several factors like unit location, area, price, and whether it has an economic, middle, or upper-middle model.
Square meter price average in The Eighth District Nasr City starts at almost EGP7,000 while commercial meter price average in The Eighth District reaches EGP20,000.
Residential and commercial unit price may reach EGP2,000,000*, and residential renting price average reaches almost EGP5,000, and almost EGP15,000 for commercial renting according to the first quarter of this year.
Most significant landmarks and privileges of The Eighth District
The Eighth District is near to a number of main and magnificent landmarks that serve district’s residents which are near to them.
There is also a number of authorities, centers, and entertaining activities for adults and kids, all of which cause the vitality of the district. Here are some landmarks which are minutes away from the district:
- Al Ahly Club of Egypt
- Metro Market
- Arab University
- Kids Park
- City Stars
- Al O’malia University
- The International Park
- Al Zohour Sporting Club
- Major schools
- Al Waha City
- Al Ferdaws City
- Commercial areas, restaurants, and stores at the highest level
- Wonderland Amusement Park
*It’s worth mentioning that prices named above are changeable. We, in Aqarmap, are continually keen on updating prices list of districts, for keeping the client informed with the latest updates in real estate market, in addition to measuring demand indicators though Aqarmap Index