office spaces for sale in new capital | 3 steps for a safe investment

office spaces for sale in new capital The Administrative Capital plan aims to pump new blood into Egypt, by creating neighborhoods with international standard specifications befitting the level of the New Administrative Capital, which aims primarily to create promising urban communities.

Buildings occupy 40% of the total area of the Administrative Capital, which amounts to 170 thousand acres. This percentage was allocated to the 20 residential neighbourhoods, which were also built by both the government sector, private sector companies and real estate developers.

office spaces for sale in new capital

office spaces for sale in new capital

The country has adopted multiple efforts in developing the capital areas,  allocating about 20 neighborhoods to the residential area alongside its various government projects and smart cities. These neighborhoods are being built in cooperation between the government and private sector real estate developers, which is a joint effort aimed at developing an integrated residential environment that meets the needs of citizens.

The process of building residential neighborhoods in the New Administrative Capital is carried out according to zoning plans that go through several different stages. It has been completed

office spaces for sale in new capital  As for the most important neighborhoods that were built within the administrative capital to achieve the desired goal, here is a selection of them:

• Al Nour District: It is distinguished by its modern and elegant design, and contains a variety of modern services and facilities.
• Space District: It is considered a major center for business and commerce, as it contains modern offices and commercial centers.
• Al Aman Neighborhood: It is characterized by safety and tranquility, and contains a group of luxury villas with all amenities and safety provided. office spaces for sale in new capital

These neighborhoods are considered an essential part of the government’s vision to develop the Administrative Capital and create a developed and integrated living environment for citizens and residents.

1- Residential neighborhood

In the Administrative Capital, the residential district is a near-perfect example of sophistication and robust infrastructure, similar to that found in Cairo’s old neighborhoods. This neighborhood is considered a huge cultural and urban edifice, designed according to the standards of luxury and elegance in the Middle East region, while maintaining the quality of building and construction.

The neighborhood includes a group of integrated residential neighborhoods, which provide a network of services at the highest level, meeting the needs of residents and ensuring their comfort and luxury. Administrative office spaces for sale in new capital

Division of the residential neighborhood area within the New Administrative Capital

office spaces for sale in new capital The residential neighborhoods in the New Administrative Capital were divided into several phases, and the first phase includes the construction of 80% of the total neighborhoods, which includes 8 residential neighborhoods. This phase started from the first residential district (R1) and extended until the eighth residential district (R8). The Eighth District is particularly located in a strategic location between the East Regional Ring Road and the Regional and Middle Ring Road.

About half a million housing units have been built so far, distributed between luxury, middle and upper-middle units. These neighborhoods will be surrounded by many of the Administrative Capital’s landmarks, which will make it an exceptional cultural center, competing strongly with international cities.

The most important neighborhoods within the residential district
The third residential district, R3 – Capital Residence:

office spaces for sale in new capital  the Administrative Capital The third residential district, R3, in the Administrative Capital, also known as “Capital Residence,” is among the most important neighborhoods in the city. This neighborhood is distinguished by its long history, as it was built as one of the first neighborhoods to be established in the city, with an area estimated at about 1,000 acres, and includes about 24,000 residential units, making it one of the largest residential neighborhoods in the Administrative Capital.

The third residential district is divided into eight main neighborhoods, and has been distributed in a way that aims to provide the best services and infrastructure to residents. These neighborhoods include:

• Adjacent to main services: It is considered the starting point of the neighborhood as it provides basic facilities such as schools, hospitals, and major commercial centers, making it a vital center for the neighborhood’s residents.
• Neighborhood to recreational areas: This neighborhood includes parks, green spaces, and entertainment centers that aim to provide a comfortable and enjoyable environment for the neighborhood’s residents.
• Neighborhood for business and commerce: This area is characterized by providing wide job opportunities, in addition to commercial centers and economic facilities that serve the residents’ needs in the field of shopping and entertainment. Administrative offices for sale in the capital
  Adjacent to public services: This area provides government facilities and basic public services such as post offices, libraries, and cultural centers, making it easily accessible to residents.
• Nearby luxury housing: This area is home to luxury residences and residential buildings with distinct designs, making it a desirable destination for upscale living.
• Neighboring nature and environment: This area aims to preserve the environment and provide green natural spaces to enjoy nature and fresh air. office spaces for sale in new capital
• Neighborhood and transportation: This area provides advanced public transportation and transportation facilities that facilitate the movement of residents inside and outside the neighborhood with ease.
• Technology and Innovation Neighborhood: This area focuses on providing advanced technological infrastructure and opportunities for innovation and development, making it a hub for modern technology companies and initiatives.

These neighborhoods integrate together to provide an integrated and diverse environment that meets the needs of different residents and enhances the quality of life in the third residential district, R3, in the Administrative Capital.

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2- The Seventh Residential District R7 – Golden Square:

office spaces for sale in new capital The seventh residential district in the New Administrative Capital is called the “Golden Square” or the “Golden Residential District,” because it is considered one of the most prestigious and best neighborhoods in the new city. This consideration is due to the fact that it was implemented by private investment companies, which added a touch of luxury and quality to it.

The Seventh Residential District includes a large number of compounds that are considered part of the New Administrative Capital project. About 30 real estate companies are competing to build it, extending over an area estimated at about 2,500 acres in the first offering, and about 1,143 acres in the second offering.

The Seventh Residential District was shared in cooperation with several companies, including: Al-Sharqiun for Urban Development, Saudi Egyptian Construction, Egypt and Italy Company, Hisham Talaat Mostafa, Al-Safwa, Al-Shams, and Amoun. This cooperation reflects the strong partnership between the public sector and the private sector in developing the city and building advanced and distinguished infrastructure. office spaces for sale in new capital

3- Business District

In the New Administrative Capital, there is a district designated for financiers and businessmen, known as the “Business District.” This neighborhood is characterized by luxury and distinction, as it is considered an example of commercial development in Egypt and even in the Arab world.

This neighborhood includes the headquarters of all international and local banks, in addition to the Central Bank Stock Exchange. There are also skyscrapers and huge towers, numbering up to 20, in the neighborhood, which are a platform for investors and businessmen in various fields. According to the Administrative Capital plan, the largest tower in the world is scheduled to be built with the aim of competing with the existing tower in Dubai. In addition, the neighborhood includes huge buildings and halls designated for hosting conferences. It is expected that this phase will be completed after the full implementation of the city’s infrastructure, including roads and facilities. office spaces for sale in new capital

office spaces for sale in new capital

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