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(Apartments)
17,000 EGP

Prices of Apartments in El Narges average 17,000 EGP per square meter.

(Villas)
22,350 EGP

Prices of Villas in El Narges average 22,350 EGP per square meter.

Average price per meter in past 12 months

Neighborhood Apartments Average price per meter
El Narges 3 20,400 EGP /M²
El Narges 1 19,750 EGP /M²
El Narges 4 18,600 EGP /M²
El Narges 2 15,700 EGP /M²
El Narges Omarat 15,550 EGP /M²
El Narges 5 15,050 EGP /M²
Neighborhood Villas Average price per meter
El Narges Omarat 25,600 EGP /M²
El Narges 3 22,400 EGP /M²
El Narges 1 22,000 EGP /M²
El Narges 4 21,300 EGP /M²
El Narges 2 21,150 EGP /M²
El Narges 5 20,700 EGP /M²

100%

Demand level

(Very High)

+61.13%

Price change in 12 months

66%

Demand level

(Medium)

+22.61%

Price change in 12 months

Overall Rating

7.6

Social Status

9.0

Education

8.0

Health Services

7.0

Peacefulness

9.0

Location

8.0

Transportation

4.0

Shopping & Dinning

5.0

El Narges district is one of the famous and important neighborhoods in New Cairo due to its close proximity to the Fifth Settlement (Tagamoa). El Narges is close to Fatma Sharbatly mosque which is a famous landmark that distinguishes the area. Like most areas in New Cairo El Narges is divided into buildings areas that consist of ground and four floors, and villas areas that consist of ground and two floors. El Narges has eight districts. Most of the housing in El Narges is luxury and upper middle; the services level in the area is good. About New Cairo: New Cairo is one of the biggest and most sophisticated neighborhoods in Greater Cairo. It is located east of Cairo, and it includes many residential areas; most notably Fifth Settlement, First Settlement, and Third Settlement which are among the first areas to be populated. It is common to call New Cairo the Fifth Settlement; however, the reality is that the Fifth Settlement represents a small area inside New Cairo. The city is very well planned in Egyptian standards; however, many people complain that the city is already getting crowded around the 90th road commercial area although the city is not fully populated yet. New Cairo is mostly calm with low population density, and it contains a number of private universities and schools. Some roads are still unpaved in the newer areas but they are expected to be finished soon. One of the drawbacks of New Cairo are the outrageous property prices which are mostly fueled by high demand. The majority of New Cairo neighborhoods offer upscale and luxury level housing; however, there is still several areas that offer middle and upper-middle level housing, and areas like Third Settlement has pockets of economic housing offerings. New Cairo key landmarks are: Police Academy, Cairo Festival City, Downtown Mall, American University in Cairo. The city can be easily reached by driving as it's surrounded by Ring road, Sues road, and Sokhna road. Public transportation to New Cairo is limited, and within the city it is almost non-existent. The 90th road is an exception and it remains highly serviced due to its heavy commercial activity.
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Top real estate agencies in El Narges

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El Banafsag

El Banafsag

Details
  • 16,800 EGP
  • Average price per meter
Northern Investors

Northern Investors

Details
  • 14,700 EGP
  • Average price per meter
Southern Investors

Southern Investors

Details
  • 14,650 EGP
  • Average price per meter