The price per square meter in the Fifth Settlement in 2024
The price per square meter in the Fifth Settlement in 2024
Among the neighborhoods of New Cairo, the Fifth Settlement is particularly distinguished by its strategic location. It enjoys easy access to many vital areas in the city. The Fifth Settlement is considered an attractive area for real estate investments. Due to its modern design and distinctive planning. Investing in New Cairo and its various neighborhoods, especially in the Fifth Settlement. Represents an ideal opportunity for those seeking luxury and privacy in a sophisticated urban environment. This article presents a comprehensive guide to the price per square meter in the Fifth Settlement in 2024.
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The Price Per Square Meter in the Fifth Settlement in 2024
The price per square meter in the Fifth Settlement in 2024 varies according to the unit type. Whether residential or commercial. In addition to the location and its proximity to services, roads, and transportation. As well as the integrated services that distinguish these projects and meet customers’ needs. The price per square meter in some residential and commercial projects can be explained as follows:
First: Prices of Apartments and Villas in the Fifth Settlement 2024
There are many residential compounds located in the heart of the Fifth Settlement in New Cairo. Characterized by sophistication, innovative designs, and competitive prices. In addition to integrated services. As for the average price per square meter in the Fifth Settlement for apartments. It starts from 17,050 EGP, and for villas, it starts from 22,200 EGP. The most prominent compounds are the following:
Stei8ht New Cairo Compound
- Compound Name: Stei8ht New Cairo Compound.
- Owner Company: Landmark Sabbour Developments.
- Location: Fifth Settlement, New Cairo, in front of Gate 19, Rehab City.
- Compound Area: 550 Acres.
- Unit Types: Townhouse, Twin House, Independent Villas.
- Unit Areas Starting from: 220 Square Meters
- Unit Prices Starting from: 9,000,000 EGP
- Payment Systems: 10% down payment, installments over 7 years.
The Brooks New Cairo Compound
- Compound Name: The Brooks New Cairo Compound.
- Owner Company: Pioneer Developments Company.
- Location: Fifth Settlement, in front of Saad Zaghloul Axis, near the Ring Road.
- Compound Area: 158 acres.
- Unit Types: Apartments and Penthouses.
- Unit Areas Start from: 160 square meters.
- Unit Prices Start from: 8,200,000 EGP.
- Payment Systems: 10% down payment, the rest in installments over 7 years.
Layan Residence New Cairo
- Compound Name: Layan Residence New Cairo.
- Owner Company: Landmark Sabbour Developments.
- Location: Fifth Settlement, near 90th
- Compound Area: 233 Acres.
- Unit Types: Villas, Townhouses, and Twin Houses.
- Unit Areas Start from: 266 Square Meters.
- Unit Prices Start from: 18,000,000 EGP.
- Payment Systems: 35% down payment, the rest in installments over 6 years.
Kattameya Hills New Cairo Compound
- Compound Name: Kattameya Hills New Cairo Compound.
- Owner Company: Al Ahly Sabbour Developments Company.
- Location: Fifth Settlement, North of Suez Road and Kattameya Road.
- Compound Area: 500 Acres.
- Unit Types: Duplexes, Apartments, Townhouses, and Villas.
- Unit Areas Start from: 200 Square Meters.
- Unit Prices Start from: 30,000,000 EGP.
- Payment Systems: 10% down payment, the rest in installments over 7 years.
To get the project brochure and more details about the latest prices and internal divisions of the units
Jayd New Cairo Compound
- Compound Name: Jayd New Cairo Compound.
- Owner Company: Saudi Egyptian Developers.
- Location: Fifth Settlement, near Suez Road, and the American University.
- Compound Area: 68 acres.
- Unit Types: Apartments, Penthouses.
- Unit Areas Start from: 150 square meters.
- Unit Prices Start from: 28,000 EGP per meter.
- Payment Systems: 10% down payment, the rest in installments over 8 years.
Second: The Price of a Commercial Meter in the Fifth Settlement 2024
As for the price of a commercial meter in the Fifth Settlement. It is constantly increasing due to the increasing demand for it from investors and businessmen. The area has the components that guarantee the success of any investment project. The average price per meter in commercial units in the Fifth Settlement. It starts from 85,000 EGP and reaches 230,000 EGP. While the price of an administrative meter in the Fifth Settlement starts from 70,000 EGP and reaches 140,000 EGP. The most prominent commercial malls in the Fifth Settlement are the following:
The Ledge Mall New Cairo
- Mall Name: The Ledge Mall New Cairo.
- Owner Company: Akoya Properties.
- Location: Fifth Settlement, 3 minutes away from the American University.
- Mall Area: 2,474 square meters.
- Number of mall floors: Ground floor + 2 upper floors.
- Unit Types: Commercial, Administrative, and Medical.
- Unit areas start from: 50 square meters.
- Unit prices start from: 40,000 EGP per square meter.
- Payment systems: 15% down payment, the rest in installments over 5 years.
One 90 Mall New Cairo
- Mall Name: One 90 Mall Fifth Settlement.
- Owner Company: Landmark Developments Company.
- Location: Along 90th Street, Fifth Settlement.
- Mall Area: 82 acres.
- Number of Mall Floors: Ground Floor + 6 Repeating Floors.
- Unit Types: Commercial, Administrative, Medical.
- Unit areas starting from: 55 Square Meters.
- Unit prices start from: 128,099 EGP per meter.
- Payment Systems: 10% down payment, installments up to 6 years.
Central Mall New Cairo
- Mall Name: Mall Central New Cairo.
- Owner Company: Egyptian Saudi Developers Company.
- Location: Fifth Settlement, New Cairo, Circus Land.
- Mall Area: 20 Acres.
- Number of Mall Floors: 10 Buildings, each two buildings containing a ground floor and 6 repeating floors.
- Unit Types: Commercial and Administrative.
- Unit Areas Start from: 111 Square Meters.
- Unit Prices Start from: 80,000 EGP per meter.
- Payment Systems: 10% down payment, installments over 6 years.
Wingate Mall New Cairo
- Mall Name: Wingate Mall New Cairo.
- Owner Company: Wealth Development.
- Location: Fifth Settlement, North 90th
- Mall Area: 15480 square meters.
- Unit Types: Commercial, Administrative, and Medical.
- Unit Areas Start from: 50 square meters.
- Unit Prices Start from: 78,000 EGP per meter.
- Payment Systems: 20% down payment, easy installments up to 6 years.
The Price Per Square Meter in the Fifth Settlement, Al Narges District 2024
Many people are looking for the price per square meter in Narges District, Fifth Settlement 2024. Due to the distinctive features of this area. The new Narges District has the latest real estate projects. All of which enjoy integrated services. Diversity in units, high-end designs, competitive prices, and others.
The price per square meter in Narges District. Varies according to the area of the unit, finishing, and the floor on which that unit is located. The average price per square meter in apartments in Narges District ranges between 28,000 EGP and 35,000 EGP. While the average price per square meter for villas in New Narges reaches 30,000 EGP and 40,000 EGP. These prices increase according to the number of floors and the view for villas. And differ in apartments on the upper floors, or the units enjoy special features such as a private garden or roof.
The Price Per Square Meter in the Fifth Settlement, the First District, 2024
The First Settlement area in New Cairo is considered one of the relatively old areas. Located specifically behind the JW Marriott Hotel and Mirage City. The First Settlement is divided into 14 neighborhoods. Most of its residents are middle and upper-middle class. It is adjacent to luxury residential complexes such as Mirage City, Swan Lake, and others. As well as it contains the famous Wadi Degla Club. As for the price per square meter in the First Settlement 2024. It varies according to the services, area, view of green spaces and artificial lakes, and location. The type of unit also controls the price, whether it is apartments or villas. In general, the average price per square meter in apartments in the First Settlement reaches 15,750 EGP. While the average price per square meter for villas is about 20,200 EGP.
Price Per Square Meter in the Fifth Settlement, 90th Street
90th Street is considered one of the most elegant streets in the Fifth Settlement in New Cairo. Which provides a high-end residential or investment environment. Due to the provision of all basic and entertainment services within it. Including international schools, hospitals, shopping centers, and others. Which meets the needs and desires of the residents. As for the price per square meter on 90th Street, it is one of the average prices compared to several other areas located in Greater Cairo. The average price per square meter in 90th Street starts from 35,000 EGP to 45,000 EGP. The most prominent projects located on 90th Street are the following:
Cinco Mall New Cairo
- Mall Name: Cinco Mall New Cairo.
- Owner Company: Upwyde Developments Company.
- Location: North 90th Street in front of Maxim Mall.
- Mall Area: 21,000 square meters.
- Number of floors in the mall: 4 floors.
- Unit Types: Commercial, Medical, and Administrative.
- Unit Areas Start from: 50 square meters.
- Unit Prices Start from: 8,000,000 EGP.
- Payment Systems: No down payment, and the rest in installments over 8 years.
G7 Mall New Cairo
- Mall Name: G7 Mall Fifth Settlement.
- Owner Company: Mercon Developments.
- Location: North 90th Street next to Al Marasem Hospital.
- Mall Area: 11,400 square meters.
- Number of Mall Floors: Ground Floor + 3 Upper Floors.
- Unit Types: Commercial, Administrative, and Medical.
- Unit Areas Start from: 34 square meters.
- Unit Prices Start from: 109,000 EGP per meter.
- Payment Systems: 10% down payment, and the rest in equal installments up to 6 years.
The Ark Business District Mall New Cairo
- Mall Name: The Ark Business District Mall.
- Owner Company: The Ark Development.
- Location: South 90th Street at the intersection of Mohamed Naguib Axis.
- Mall Area: 93 acres.
- Number of mall floors: Ground floor + 7 repeated floors.
- Unit Types: Administrative units.
- Unit areas start from: 86 square meters.
- Unit prices start from: 95,000 EGP per meter.
- Payment systems: 10% down payment, and easy installments up to 7 years.
Promenade New Cairo Compound
- Compound Name: Promenade New Cairo Compound.
- Owner Company: Wadi Degla Developments.
- Location: 90th Street in Fifth Settlement, near the American University.
- Project Area: 33 Acres.
- Unit Types: Residential Apartments.
- Unit Areas Start from: 150 Square Meters.
- Unit Prices Start from: 5,000,000 EGP.
- Payment Systems: 15% Down Payment, the rest in installments up to 8 years.
New Cairo Neighborhoods and Average Prices in 2024
New Cairo City is located in the eastern part of Greater Cairo. Specifically in the area between the Cairo-Suez Desert Road, and the Kattameya-Ain Sokhna Road. It extends over an area of 70 thousand acres. The New Cairo neighborhoods are characterized by their distinctive urban division and planning. It is divided into several upscale neighborhoods, which can be explained as follows:
- Fifth Settlement: The Fifth Settlement is considered one of the most upscale neighborhoods in New Cairo. It is characterized by its elegant designs and vast green spaces. It also contains many residential compounds and basic services. Such as international schools, universities, hospitals, shopping centers, and others.
- Al Rehab: Al Rehab City is an integrated city characterized by modern urban planning. It provides all the basic and entertainment services. That meets the needs of the residents, from schools, shopping centers, and hospitals. The average price per square meter in Al Rehab is about 25,950 EGP.
- Madinaty: One of the most famous areas in New Cairo. Which enjoys vast green spaces, artificial lakes, luxurious residential areas, and commercial centers. The average price per square meter in Madinaty is about 20,300 EGP.
- New Cairo Commercial: The New Cairo Commercial District is considered one of the most strategic areas. It includes many companies and administrative and commercial offices. Making it an important center for trade and administrative business.
- Andalusia District: Andalusia District is considered one of the distinguished residential districts. Which enjoys modern urban planning and design. The residential units within it suit different tastes and capabilities. The average price per square meter in Andalusia District starts from 6,450EGP. One of its most prominent projects is Mountain View I City Fifth Settlement.
- Lotus District: Lotus is a luxurious residential area that includes many apartments and villas. With elegant designs and high-quality finishes. The district is also distinguished by its proximity to the most important commercial and entertainment areas in New Cairo.
- Narges District: Narges neighborhood offers residential units with the latest modern designs. It is close to many schools, universities, hospitals, and shopping centers.
- Banafseg District: It is one of the most famous districts located in the Fifth Settlement. Which enjoys a vital location near the most prominent roads and landmarks. The average price per square meter in Banafseg District, Fifth Settlement, starts from 14,950 EGP. Among the most prominent projects located within it is Mountain View Hyde Park Fifth Settlement.
- South Investors District: The South Investors area is distinguished by its vital location on Bin Zayed Axis, near Al Rehab City. The average price per square meter in South Investors is about 20,900 EGP.
- North Investors District: North Investors District is located on the Cairo-Suez Road, near the New Mostakbal City. The average price per square meter in the area is about 17,000 EGP.
- West Golf: West Golf is distinguished by its vital location on 90th And its proximity to Rehab City and the Fifth Settlement. The price per square meter in the area is about 19,650 EGP.
- South Academy District: South Academy District is located on Bin Zayed Axis and near the Police Academy. The average price per square meter in the Fifth Settlement, South Academy District, is about 17,000 EGP.
- Beit Al Watan: Beit Al Watan is located on 90th Street, near the American University. The price per square meter in Beit Al Watan is about 18,500 EGP.
- Zayed 2000 District: Zayed 2000 District is located on the Suez Road, close to Madinaty. The average price per square meter in Zayed 2000 District is about 17,500 EGP.
Why Invest in New Cairo Neighborhoods?
Investing in New Cairo neighborhoods is considered one of the ideal options. That guarantees investors and entrepreneurs a distinctive profitable return in a short time. Due to the region’s components and elements that provide a safe investment of money. Including the following:
- New Cairo has a vital location near Greater Cairo. It is minutes away from the most prominent roads and axes. Providing easy transportation to and from it.
- Real estate types in New Cairo vary between residential properties that offer customers different types of apartments, and luxury villas of all kinds. In addition to malls, multi-use commercial centers, and investment activities.
- New Cairo neighborhoods are professionally designed to be located close to the most prominent basic and entertainment services. That meets the needs and desires of the residents.
- New Cairo is characterized by environmentally friendly designs. Making it a sustainable city. In addition to the vast green spaces. Making it the ideal choice for those looking for housing in a healthy environment.
- The demand for real estate in New Cairo is increasing. With the continuous development of its infrastructure. The city is witnessing continuous growth in real estate values. Which achieves high financial returns for investors in the long term.
New Cairo Services and Facilities
New Cairo enjoys all the basic and entertainment services. That meets the needs and desires of the residents. It is a huge urban project implemented by the state. With innovative thinking, modern designs, and extreme precision. As for the most prominent facilities and services in New Cairo, they are as follows:
- New Cairo City has various educational institutions. Starting from the primary education stage and extending to universities and institutes. They also vary between governmental and private educational institutions. To provide high-quality educational services.
- The city has several hospitals, medical centers, and clinics. In various specialties that provide residents with high-quality health care.
- Many shopping malls display the latest and most famous international and local brands. And the unlimited number of restaurants, cafes, and entertainment areas.
- New Cairo contains many sports clubs that include various sports fields. Such as football, basketball, squash, volleyball, and others.
- New Cairo includes a huge network of public and private transportation. That facilitates movement within the city.
- New Cairo includes many cultural and artistic places. Such as theaters, exhibitions, libraries, and others.
In conclusion, we talked about the price per square meter in the Fifth Settlement in 2024. In several areas and luxurious residential and commercial projects. While getting to know the most prominent neighborhoods of New Cairo. And the average price per square meter in them in 2024. For more information about New Cairo projects and to learn about all their details. You can contact our sales team.
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