Apartments For sale in R1

The New Administrative Capital City project is a huge investment project that aims to create a smart city that can accommodate up to 40,000,000 people by 2050 and to provide investors with a new, different, and profitable experience that simulates real estate investment experiences in the largest global residential cities.

 

The new capital contains an integrated residential neighborhood within a large number of residential areas, the number of these residential areas is about 20, designed to accommodate those who want to live inside the New Capital, these neighborhoods will contain half a million housing units of a variety of levels.

 

One of the residential neighborhoods in the New Capital is the First Residential Neighborhood, which is being built according to the first phase of work on establishing these neighborhoods, in parallel with work on the Second Residential neighborhood, up to the Eighth District.

 

Details of the First Residential Neighborhood in the New Administrative Capital

 

The real estate companies that developed the New Administrative Capital were interested in providing residential neighborhoods designed at the highest level to receive those who want to invest in them. 

 

The residential neighborhood in the New Capital is an upscale neighborhood equipped with a network of facilities and advanced infrastructure, and it occupies about 40% of the total area of ​​the city.

 

Location of the First Residential Neighborhood in the New Capital

 

The First Residential Neighborhood is located within the residential neighborhoods of the new capital, and thus is distinguished by its proximity to the most important services and entertainment areas in the capital, and makes it easy to reach from various roads and main axes surrounding the city.

 

The location of the New Capital is strategic because it is located in the east of Cairo governorate, and its proximity to the most popular new cities of the population, such as Al-Rehab City, Badr City, Madinaty, and the Fifth Settlement.

 

The New Capital is 60 kilometers away from Ain Sokhna and is close to the northern and southern Mohammed bin Zayed Road and the Ring Road Al-Wusta and Cairo / Suez Road.

  

Types of Units in the First Residential Neighborhood in the New Capital

 

The residential neighborhoods built in the New Capital contain different types of housing, in it, there are several closed residential complexes of different designs, each of which contains residential units of the following types:

 

• Studios

• Apartments

• Detached villas

• Duplexes

• Townhouses

• Twin Houses

 

The companies implementing these compounds provided this diversity in the residential units in the New Administrative Capital to be able to satisfy the tastes of the largest number of customers looking for apartments for sale in the First Residential Neighborhood of the New Capital.

 

Areas of Apartments in the First Residential Neighborhood 

 

Within the residential neighborhoods of the New Capital, there are various areas of units. Starting from small-sized units such as studios to large-sized units such as villas in the New Capital and townhouses. The internal divisions of the units also differ according to the preference of the buyers.

 

The price of residential units in the New Administrative Capital in the residential neighborhood does not only depend on its area, but it also depends on whether it belongs to the government or the private sector. Government units are clearly less expensive than the units of private companies, with some differences in the level and design of units and facilities.

 

Available Services of the First Residential Neighborhood in the New Administrative Capital

 

The New Administrative Capital contains a wonderful integration of the necessary and entertainment services that the residents need regularly, these services are:

 

Within the First Residential Neighborhood, there is an integrated security team available around the clock, in addition to a surveillance system using modern cameras installed in more than one area within the neighborhood.

 

The neighborhood has many garages designated to receive cars throughout the day, to reduce the density of cars on the neighborhood's streets, and to maintain their breadth.

 

Educational Services:

 

It is considered one of the most important types of services that must be available in any new city, as it is an essential and indispensable service, and in the New Capital a group of the most famous international schools and universities, the most important of which are:

 

• Al-Bayan School

• American English School

• Egypt British International School

• Swedish University

• German International University (GIU)

• University of Liverpool

 

Medical Services

 

Medical services are available in the New Administrative Capital, and work is underway to establish an integrated medical city that includes the following hospitals:

 

• Children's hospital

• Public Hospital

• Hospital for Obstetrics and Gynecology

• Radiology and analysis centers

 

 Commercial Services

 

Among the most famous services in the new capital are commercial services, due to the city’s large number of commercial malls, the most important of which are:

 

• Audaz Mall 

• The Walk Mall

• Zaha Park Mall

• Front Gate Mall

• Sixty Business Park Mall

 

It is easy to reach the various areas of the new capital using the modern transportation that the state is building in the current period, such as the monorail and the electric train, as well as the buses operating with natural gas.

 

The Real Estate Developer of the First Residential Neighborhood 

 

Residential neighborhoods in the New Administrative Capital were established in cooperation between the Egyptian government and some private sector companies specialized in real estate development.

 

Among the most famous companies contributing to the development of the new capital: Talaat Mustafa, the Arab Contractors Company, Allam Sons Company, and Petrojet Contracting Company. Each of these ancient companies has a history of great work in this field.

 

Installment and Payment Systems in the First Residential Neighborhood Project

 

The company developing the project was keen on providing various installment and payment systems, to allow all those interested in investing in the New Capital to obtain apartments at the best prices in the First Residential Neighborhood.

 

The prices of the housing unit vary according to the real estate company marketing the project, but all companies specify a percentage of the unit price to be paid in advance, provided that the rest of the amount is to be paid in installments over several years to be agreed upon.

 

We can refer to the most important features of the new capital, which drive many Arab and foreign investors to invest in it in the following points

 

• The New Administrative Capital is designed to transfer the experience of smart cities designed around the world to Egypt, making it able to provide a wonderful housing experience for owners of residential units within it

• It is intended that the new capital will provide an economic investment climate that will bring Egypt a remarkable civilizational shift in the coming years

• The New Capital is close to the most important roads and main axes that facilitate transportation to and from it, which encourages those who want to invest in it to take this step. Among the most important of these roads are Jandali Road 2 and Mohammed Bin Zayed Road

• The New Capital contains a central park called (Capital Park), built on an area of ​​more than 1000 acres, which is equal to two and a half times the size of the Central Park in New York

• The New Capital includes a green river up to 35 kilometers long, overlooked by a large number of neighborhoods and buildings, and it is the largest green river in the world

• The New Capital has achieved a high degree of safety and protection, as it contains about 6,000 modern surveillance cameras in various parts of the city

• Many newly developed means of transportation are linked to the capital, such as the electric train and the monorail, in addition to the presence of an international airport within it, with an area of ​​16 square kilometers

• The capital contains a medical city, an exhibition city, a conference center, and a sports city, to encourage residents to join various cultural and sports activities

• It contains the Al-Fattah Al-Alim Mosque, which is one of the largest mosques in the world. It was built on an area of ​​106 acres to include 21 domes and four minarets designed in the Fatimid style

• The new capital contains an educational institution called "Canadian Universities in Egypt," which is the first foreign university to be established in the New Capital and is a branch of the Canadian University of Prince Edward Island