The Most Important and Expensive 7 Districts in Cairo

The real estate market is rising constantly in Egypt due to its growing demand as a guaranteed commercial activity for investment within the economic fluctuations and foreign currency volatility. Thus, it is regarded as a guaranteed trade away from the political or economic events in the country.

Evidently, it is increasingly and rapidly demanded as a result of the population growth. Today, we will take you in a tour at the center of the capital to discover the most expensive and important districts in Cairo.

Zamalek District

 

• Zamalek District is the most expensive district in Egypt. This affluent district includes residential units with price up to EGP 90,000,000. The average price per meter in apartment is up to EGP 20,550
• It is also one of the most affluent districts in West Cairo, overlooking an island at the middle of Nile River called Gezira (The Island of Zamalek)
• Zamalek is a Turkish word, meaning wooden huts or nests according to the Egyptian dialect. This returns to the fact that Zamalek was just a mud island at the Nile River as a stepping stone for fishermen
• Zamalek District is located at a good place dividing  Cairo and Giza, so it is usually easily accessible through several bridges; the best known and significant out of which are : 6th October Bridge, 15 May Bridge and Zamalek Bridge
• It has been best known as one of the most affluent and quiet districts in Cairo and the domicile of the wealthy people of the city since the early twentieth century
• The district is one of the highest districts in terms of prices and standard of living
• Zamalek area is best known for its heavy security due to the presence of several embassies and diplomatic missions
• The most significant landmarks in Zamalek include: Cairo Tower, Gezira Sporting Club, Al Ahly SC, Cairo Opera House and El Sawy Culture Wheel

 

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Garden City

 

• Garden City is one of the best and most important districts in Cairo with an average price per meter in apartments up to EGP 16,500
• It is one of the most affluent districts in Cairo that is located near Downtown; where most of its buildings overlook the Nile Corniche
• The district is featured with the design of its circular streets. It is one of the oldest affluent districts that maintained their high standard and prestigious social class, housing many foreigners
• Garden City district is distinguished by its many landmarks such as: Egyptian Parliament and Kasr El Dobara; and multiple churches and mosques such as: Church of the Blessed Virgin Mary, the Evangelical Church, Roman Catholic Church of the Blessed Virgin Mary and the Masjid of Omar Makram. It also includes a number of schools like: Collège De La Mère De Dieu; and a number of libraries, embassies, banks and hotels
• Garden City district is located near Cairo center; as it is about 2.5 Km from Tahrir Square, and is easily accessible through the Downtown streets and Kasr Al Ainy street. In addition, it is surrounded by three metro stations (Mohamed Naguib, Saad Zaghloul and El-Sayeda Zainab)

 

Al Manial

 

• The average price per square meter in apartments is up to EGP 10,650
• Al Manial is one of the oldest and most affluent districts in Cairo that is located north of Rhoda Island, an island at the Nile River between Cairo and Giza. It affiliates the province of Cairo
• Al Manial is an affluent and quiet district distinguished by its temperate climate due to overlooking the Nile River. It is also best known for maintaining its landmarks and heritage buildings. It is featured with its residents of high cultural and social level who appreciate the value of its historic buildings
• Al Manial is one of the most expensive areas in Cairo. It involves many historical buildings like mosques, schools, ancient palaces, and museums
• The most famous historical Landmarks in Al Manial include: “Nilometerm, Manasterly Palace, Manasterly Pedestrian Bridge, Umm Kolthoum Museum, Salah Al Din Zulfiqar Palace, Manial Palace and Kasr Al Ainy Hospital”
• Al Manial is easily accessible, as it is connected to Cairo through five bridges, namely: “Al Malek Al Saleh, Sialat Al Manial, Manasterly and Le Méridien”

 

New Cairo

 

• The average price per square meter in apartments is up to EGP 8,850 and EGP 17,500 in villas
• New Cairo City is one of the largest and most vibrant cities in Cairo
• New Cairo is located in eastern Cairo and consists of several residential settlements, the largest of them are the Fifth Settlement , the First Settlement and the Third Settlement
• It is a common mistake to name New Cairo City, the Settlement or the Fifth Settlement, since the Fifth Settlement is a district in New Cairo. However, this name is usually used.
• New Cairo is featured with its perfect division and planning, compared to the rest of the districts in Cairo. It is also distinguished by its wide streets, quietness, and low population.
• It includes a large number of private universities and schools. However, it suffers from some unpaved roads in the new and unpopulated areas. Moreover, it faces water interruption crisis that occurred many times in some areas, but this problem is being resolved nowadays. In addition, one of the main disadvantages of New Cairo is the rapid price increase, which usually results from the growing demand and the great number of people who are interested in living and investing in New Cairo
• Most districts in New Cairo are high class. The most significant landmarks in New Cairo include: Police Academy, Cairo Festival City, Downtown Mall, and the American University in Cairo (AUC)
• New Cairo is easily accessible by private cars, as it is adjacent to the main axes like: the Ring Road, Suez Road and Ain El Sokhna Road. However, public transportation is still limited, except for S Teseen St, which serves as the central commercial axis of the city

 

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Sheikh Zayed City

 

• The average price per square meter in apartments is up to EGP 8,600.and EGP 15,400 in villas.
• It is a city in New Giza, established in 1995 under a grant from Abu Dhabi Fund for Development (Sheikh Zayed Grant).
• Sheikh Zayed is located near the 6th of October City, and about 25 Km away from Cairo. Sheikh Zayed is featured with quietness, spread of gardens and temperate climate, compared to Cairo. Furthermore, it is provided with full integrated facilities, including schools, hospitals and markets.
• Sheikh Zayed is distinguished by its good planning. However, its disadvantages are represented by its distance from Cairo center and the traffic congestion at the main road leading to it (26th of July Corridor).
• Sheikh Zayed is featured with its varied living standards, from economic houses to affluent areas.
• The most landmarks in Sheikh Zayed include: Hyper One and Nile University (NU). It is accessible through 26th of July Corridor which is overcrowded at peak times, and easily through 6th of October City. Moreover, it is near Cairo–Alexandria desert road.

 

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Heliopolis

 

• The average price per square meter in apartments is up to EGP 6,700.and EGP 14,850 in villas
• It is established by the Belgian billionaire Baron Empain. Heliopolis district is located near Cairo Airport. Most of the main districts in Heliopolis are featured with their residents of high cultural and social level, organized division, and the great number of schools, hotels and churches. Heliopolis is one the most culturally-rich districts in Cairo that has been well designed since ancient times, which contributed to maintaining its elegance up to now
• Heliopolis district is one of the most crowded areas where parking is difficult to find. The most significant landmarks include: Baron Empain Palace, Merryland Park and Heliopolis Palace
• Its famous streets include: Al Merghani, Al Thawra, Al Orouba and Nabil El-Wakkad. The Most Significant Squares include: Safir, Triumph and Al Hegaz. Heliopolis is accessible from any place in Cairo by public transport. The most active streets of Cairo pass through and around it such as: Al Nasr Rd, Salah Salem St and Gesr Al Suez Furthermore, it is also accessible through the underground metro (Koleyet Al Banat Station)
• Despite the change in time, its residents maintain its identity, even the apartments in old buildings cost up to EGP 10,000,000 due to its firm strength and unaffectedness by slums within the presence of important institutions that impose inviolability of it, such as Office of the President and the Presidential Palace!

 

Maadi

• The average price per meter in apartments is up to EGP 5,900.and EGP 13,600 in villas
• Maadi is one of the most important and oldest district in Cairo, established by Isma’il Pasha. This district is located at southern Cairo and is divided into three main areas: Old Maadi, Zahraa Al Maadi and New Maadi where each area covers a range of districts of different living standards. “Old Maadi” district is one of the most luxurious and expensive residential areas in Cairo. Maadi is featured with its varied social levels, extreme quietness, nearness to Cairo center, maintaining the affluent level, accessibility by public transport, and many universities and schools
• The living standard in Maadi varies between poor areas, middle areas, and very high-end areas. The high-end areas, especially Maadi Compounds, attract many foreigners. Many foreign embassies have been placed in Maadi
• The most famous landmarks in Maadi include: Wadi Degla Protectorate, Petrified Forest Protected Area and Wadi Degla SC. Maadi is easily by transports through Al Nasr Rd, the Nile Corniche, and the Ring Rd, as well as by the underground metro which has more than one station placed in Maadi (Thakanat Al Maadi, Maadi, and Hadayeq Al Maadi)

*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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