Discover unparalleled real estate investment areas in Egypt

Some areas have considerable investing opportunities for those who look for long-term investment.

By Aqarmap Last updated Oct 7, 2019

Some people prefer real estate investment as it’s considered one of most guaranteed types of investment, and the best way for holding money value and avoiding risk

What’s real estate investment?

According to the analysis of data related to current political, economic, and social aspects, real estate is considered one of most guaranteed type of long-term investments. In other words, real estate investors participate in real estate work and projects, or purchase residential and commercial units for selling them another time in order to achieve a good margin of profit.

What are the most unparalleled areas for real estate investment?

New cities are prime investing areas preferred by investors for carrying out their projects. Moreover; an increasing number of individuals aspire to live in such new cities; for the reason of their prices’ suitability, traffic lightness, and availability of good job opportunities in industrial and commercial areas near to them.

New Cairo City tops this list; especially the 5th settlement because of its privileges and factors that help to increase the demand on units by different social strata.

New Cairo

New Cairo is located in east Cairo and includes numerous residential settlements; the biggest of them are The 5th Settlement, The First Settlement, and The Third Settlement. New Cairo City is usually called, as a common error, Settlement or The 5th Settlement, but the fact is that The 5th Settlement is one of New Cairo’s districts.
New Cairo is privileged by its perfect division and planning in comparison to other Cairo districts; as its streets are wide and quiet with low population density.
The city includes a large number of private universities and schools. However; there are a few unpaved roads in new and uninhabited areas, and some water- related problems that work is being proceeded to solve them.
The quick increase in prices is a defect in this city, and this increase is usually resulted from high demand and the desire of a big number of people to live and invest in it.
Most of New Cairo City districts are high-level
Most of New Cairo landmarks are: Police Academy, Cairo Festival City, Down Town Mall, and The American University.
New Cairo is easily reachable by private cars as it is paralleled to main corridors like Ring Rood, Suez road, and Sokhna Road. However; public transportation is still unavailable except for southern 90 St., which is considered the main trade corridor for the city.
The New City is one of third generation’s city carried out in the early 2000s. it’s one of the best new cities in Cairo and has become one of most investment cities preferred by investors.
The city consists of many residential settlements; the biggest of them are The 5th Settlement real estates, Al Rehab, The First Settlement, The Third Settlement, and others.
The city is located in the eastern arc of Cairo, on the east of Ring Road, between Cairo-Suez desert Road and Katamya- Sokhna Road.
The 5th Settlement is considered one of most vital investing areas in the City; as it includes important areas like ( Al-Andalus- Northern Lotus- Southern Lotus- Al Kronfel- Al Narges- Abu Alhoul- The American University).
Meter rate average is EGP 8,800 for apartments and EGP 17,1000 for villas.

The Sixth of October

The city occupies the second position among the most leading investing areas in Egypt. It’s considered one of the best new cities in terms of urbanization and investment. The city is divided into 12 districts, including: Al Motamayez, Al Worood, Al Bashayer, Al Ashgar, Gharb Somed, southern residential districts, and touristic northern areas.

Sheikh Zayed

It’s one of Giza governorate’s new cities which was established in 1995 as a grant from Abu Dhabi Fund for Development ( Sheikh Zayed Grant)
Sheikh Zayed City is a new third generation city of investment activity and character, and includes all service projects that contribute to increasing demand for real estate units and achieve a safe and integrated life.
It is located near Sixth of October city and 28 Kilo meters away from Cairo city. It’s privileged by quietness, availability of huge number of gardens, and its fine weather in comparison to Cairo. All utilities are available in the city; as it includes schools, hospitals, and markets.
Sheikh Zayed City is well-planned but it’s far from Cairo center, and the main road leading to it, 26^th of July corridor, is very crowded. However; the city has various standards of living; starting from economic residential units to the high-level neighborhoods.
City’s landmarks are: Hyper One and Nile University. The city is reachable from Cairo through 26^th of July corridor which is overcrowded at traffic peaks, but it’s easily accessible through Sixth of October city. It’s also near to Cairo- Suez desert Road.
Investors prefer to establish their projects in New Cairo cities and The Sixth of October because their large spaces that can cover investing expansions, unlike Sheikh Zayed city which is smaller in size comparing to the mentioned cities, in addition to its special constructive roads.
Meter rate average for apartments is EGP 8.400, and EGP 14.950 for villas

El Obour City

El Obour City, located in north Cairo, is one of new large cities that has been well divided. It’s an integrated city that includes industrial areas near the residential areas.
The city is characterized by its well planning streets, quietness, spread of gardens in most areas, nearness to Obour market that is considered city’s main market, and availability of a number of sports clubs.
However; the city is somehow far from Cairo center and lacks services comparing to other new cities like New Cairo and AL Shorouk City.
El Obour city has different standards of residences; starting from economic, middle, upper-middle, to high level units. Furthermore; the city has many landmarks like: Obour market, Gero land Amusement Park, City Club, Golf hales, and Orabi Association. Transportation means from and to EL Obour City are available, but they are few inside the city.
Meter rate average for apartments is EGP 4.250, and EGP 9.100 for villas.

Badr City

It’s one of Cairo’s new cities which is located on Cairo-Suez Road beside New Heliopolis City. It’s considered the nearest city to New Administrative Capital City project. Moreover; it’s characterized by the good design, quietness, and the low prices of its real estate units. It’s expected to witness higher demand after launching the New Administrative Capital City project.
Badr is one of the new promising cities in terms of investment; as it the nearest city to the New Administrative Capital City. Hence; A huge number of roads and desert expansions of the city, are being developed for the sake of covering numerous real estate projects.
The city is considered one of the most active areas because of its nearness to New Heliopolis City, and it’s linked to Nile Delta, Suez Canal, The Red Sea, and Sinai by a network of regional roads.
However; the city, located on Kilo 48 of Cairo- Suez Road, is far from Cairo Center. In addition, the city lacks public transportation means, services, and goods; the factors that affect negatively the level of demand.
City’s landmarks are: The Russian University, Land of Exhibitions, and Entertainment District. The city is reachable through Cairo- Suez Road, but it lacks accessibility by public transportation means.
Meter rate average for apartments is EGP 3.200, and EGP 4.450 for villas.

New Administrative Capital

Establishing a new capital is an old idea that has been thought of by the Egyptian government for the aim of lightening crowding and density in old capital with its exhausted utilities because of the usage of millions of citizens.
During the international economic conference, President Abdel Fattah el-Sisi announced launching the construction of the capital that will include all ministries, governmental and parliamentary headquarters. The city also contains international commercial districts including headquarters of major companies and banks; the factor that guarantees a bright and promising economic future for this city.
The city occupies a space of 490 square kilometers, as its first stage of construction lies on 168 square kilometers. Construction will take at least 5 years, thus, delivery date of the first phase will be in 2020.
The New Capital is 54 kilometers away from eastern Cairo on Cairo- Suez Road. It’s near to the Regional Ring Road and it’s expected to accommodate up to 7 million people.
The city consists of 21 residential districts and 25 private districts. It is going to be constructed using the latest technological basis. Transferring the parliament, presidential palaces, ministries, and foreign embassies is planned to be completed between 2020 and 2022.
There is a financial private district assigned for the headquarters of Central Bank of Egypt and Egyptian Stock Exchange. The government has requested from trade and investing banks to transfer their main headquarters to the New Capital.
Meter rate average for apartments is EGP 11,600, and EGP 19.150 for villas
Real estate and trade experts believe that investment in the city is promising and shall achieve a huge project in the space of a few years.

* Please note that all prices mentioned in this article are for the first quarter of 2019 and subject to change, and we in Aqarmap try to update them regularly in our prices guide of districts. Choose between different spaces and styles in the best compounds in Cairo, you would find many payment plans that suit all.

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