Properties For Rent in Downtown in the New Administrative Capital
The New Administrative Capital project is the most important national project of the Egyptian government in recent years, since it was announced in early 2016, and real estate companies have been racing to establish and develop projects in them to obtain the largest share of the future of real estate investment in Egypt.
The New Administrative Capital will be implemented in 3 phases, the first phase with an area of 40,000 acres, 8 residential neighborhoods in the Administrative Capital, the Green River, the Central Business District, the Investors District, the Downtown District, the Governmental District, the Presidential Palace, the International Airport, the Medical City, the Exhibition City, and the City of Arts and Culture. And many hotels and major residential and commercial projects.
Location of Downtown Area in the New Administrative Capital
The Downtown area is located in the heart of the New Administrative Capital and its most important service areas, as it is in the middle of the government district, the Opera House, the Diamond Hotel, the Central Station, the regional ring road, the Green River, and the northern axis of Mohammed bin Zayed.
On the north of the Downtown, there is the Government District, and on the west of it is Al Massa Hotel, the most important and largest of hotels in the New Capital. On the east is the second phase of the New Administrative Capital, and on the south of it is the Mohammed Bin Zayed Axis and the Green River. It is the most important and best central area in terms of investment in the New Administrative Capital.
Details of Available Units in Downtown in the New Capital
One of the most important areas of the New Administrative Capital is MU19 Town, which is the open market for the New Administrative Capital, which includes about 67 commercial projects complexes in the New Administrative Capital, in addition to many recreational and artistic activities.
The Downtown area is divided into 5 neighborhoods: The hotel tourist district with an area of 138 acres, the commercial district with an area of 35 acres, the administrative offices in the New Administrative Capital with an area of 27 feddans, the Heritage and Arts District with an area of 17 acres, and the Fashion an Retail District with an area of 40 acres.
The spaces within the Downtown area are also divided according to the activity. There are 52 acres for oil companies, 37 acres for pharmaceutical companies and medical offices in the New Administrative Capital, 22 feddans for computer and electronics companies, 16 acres for insurance companies, in addition to the Eastern Garden with an area of 24 acres, and the Western Garden with an area of 27 acres.
Landmarks in the Downtown Area
The Downtown area includes many landmarks that will become a tourist attraction with the opening of the capital, such as:
- Monorail train station
- Egypt Mosque with an area of 68 acres
- the Gold Market with an area of 25 acres
- the People’s Square
- the Administrative Information Center for the New Administrative Capital
Available Services in the Downtown Area
The Downtown area is one of the most important operating and services areas in the New Administrative Capital, as it includes 67 projects in the form of a commercial building, divided into the most important activities that provide services to all neighborhoods in the first phase, whether tourism or commercial in Downtown or entertainment.
The services vary within the Downtown area to include all aspects of the trade movement and what is related to it, and everything that interests both visitors and entrepreneurs.
Services for Project Owners In and Near the Downtown Area
Projects and units within the Downtown area enjoy many distinct services that are not repeated in any of the other commercial areas of the capital, as they are closest to the government district and local administration areas, which gives strength and rapid deployment among customers, and also is the closest to the capital airport, which is only minutes away from it. Few will become the open international market for all of Egypt.
All projects in the Downtown area have direct views of the Green River, Mohammed bin Zayed Corridor, and the Investors Area, with its distinguished residential and commercial projects.
Services for Visitors of the Downtown Area
Visitors to the Downtown area will enjoy the best recreational and commercial services in downtown the New Administrative Capital, as it is not only an area for trade, business and administration, there are also many artistic and sports activities for adults and children.
In addition to shopping services inside the best malls, shops and centers specializing in everything, reaching what you want will not be difficult. The Downtown area has been divided into several areas, each area has a special character and activity, there is an area for jewelry and gold, there is an area dedicated to electronic equipment supplies and there is a dedicated area for petroleum companies, there is an area dedicated to clothing, accessories and fashion.
Commercial Areas, Shops, and Entertainment Venues in the Downtown Area
The Downtown area includes many specialized commercial areas that provide their services at the highest level of professionalism and perfection, and the most important of these areas are:
Gold Market: It is the first market specializing in the trade of gold and jewelry, and it provides its services to visitors who are amateurs and professionals in the gold trade, and it is located on the central axis in the Downtown area, with an area of 25 acres.
The market consists of 6 upper floors, a basement and a ground floor with a design inspired by nature, harmonized with gold and jewelry, with a complete facade of the building made of glass with lines that give a complete flow of the building with black and gold colors, the title of luxury and sophistication.
Clothing and Fashion District: It is a complete area for clothing trade and following the latest international fashion trends, and this region extends over the area
It covers a large area of 40 acres and brings together the outfitters in one place, which facilitates the shopping process and also leads to intense competition that benefits customers.
Computer Supplies District: An area dedicated to computer companies, mobile supplies and technology, and it is the most important commercial area of Downtown, with an area of 22 feddans, and it is called the DATA area.
Areas and Types of Properties in the Downtown Area
Units in the New Administrative Capital vary within the Downtown area, as they include commercial and administrative units in Downtown and medical clinics downtown to provide all services to visitors and project owners.
The areas of units in the Downtown area start from 25 square meters up to 200 square meters, and it is one of the most commercial areas that provide real estate for rent at the best prices in the New Administrative Capital.
The Most Important Compounds Located Near The Downtown Area
Many luxury compounds are located in the Investors area, which is opposite the Downtown area, and the most important of these residential projects are:
- Midtown Villa: It is one of the distinguished residential projects in the New Capital and offers luxurious units of villas in Downtown and high-end homes on an area of 53 acres, with various areasranging from 300 square meters to 600 square meters
- Midtown Solo Compound: One of the projects of Better Home, it consists of 283 villas with various areas ranging from 400 square meters to 600 square meters
- Capital Heights 2: a residential project that spans 59 acres, and its units vary between luxury apartments in Downtown and duplexes, with areas ranging from 123 square meters up to 500 square meters