The New Administrative Capital (NAC) is a dynamic real estate market experiencing continuous development in prices, given the massive scale of the project and the increasing demand for various types of units. The price per square meter varies significantly based on several key factors, including:
- Unit Type: (Residential - Commercial - Administrative - Medical).
- Unit Location: Within the district or compound, proximity to services and vital areas (Green River, Government District, Bin Zayed Axis).
- Finishing Level: Semi-finished, fully finished, or luxury finished.
- Real Estate Developer's Reputation: Major developers with strong reputations often offer higher prices.
- Project Construction Phase: Prices in earlier phases are typically lower than ready-to-deliver units.
Here's an overview of the average price per square meter in the New Administrative Capital for 2025, keeping in mind that these prices are estimates and may vary from one project to another:
1. Price Per Square Meter for Residential Units (Apartments and Villas)
a. Residential Apartments:
- Average Price Per Square Meter: Generally ranges between 20,000 EGP and 45,000 EGP.
- Minimum: Prices can start from around 17,000 EGP in some compounds or areas still under development or with moderate services.
- Maximum: Can reach 65,000 EGP or more in very luxurious compounds like "Il Bosco" or "De Joya" or for units with distinctive views.
- Examples:
- Atika Compound: Price per meter starts from approximately 33,000 EGP.
- De Joya 4 Compound: Price per meter starts from 38,000 EGP and goes up to 45,000 EGP.
- The Islands Compound: Apartment price per meter starts from 42,000 EGP.
b. Villas (Townhouses, Twin Houses, Standalone Villas):
- Average Price Per Square Meter: Starts from around 30,350 EGP and can exceed 50,000 EGP in the most luxurious compounds.
- Maximum: May exceed 90,000 EGP per square meter for very luxurious villas in projects like "Vinci".
- Examples:
- Villa prices vary based on size and design, and the price per meter is higher than for apartments.
2. Price Per Square Meter for Commercial Units
Commercial units have the highest price per square meter due to expected investment returns and economic activity in the capital.
- Average Price Per Square Meter: Ranges between 50,000 EGP and 270,000 EGP.
- Maximum: Can reach 340,000 EGP or even 360,000 EGP in the most vital locations in the Downtown area, towers overlooking the Green River, or main facades of major malls.
- Examples:
- Mega Mall (Pyramids): Price per meter on the ground floor starts from 250,000 EGP and reaches 295,000 EGP.
- Grand Square Mall: Commercial unit price per meter reaches 310,000 EGP.
- E Business Park Mall: Price per meter starts from 326,000 EGP.
- Ezdan Mall: Price per meter starts from 175,000 EGP.
3. Price Per Square Meter for Administrative Units (Offices)
- Average Price Per Square Meter: Ranges between 27,000 EGP and 70,000 EGP.
- Maximum: Can reach 199,000 EGP or even 240,000 EGP in distinguished administrative towers in the Financial District or Central Business District (CBD).
- Examples:
- Nile Tower Mall: Price per meter for administrative units starts from 35,000 EGP.
- Trio V Tower Mall: Price per meter starts from 40,000 EGP.
- The Walk Mall: Price per meter starts from 42,000 EGP.
- Pyramids Mall: Price per meter on the second and third floors ranges from 170,000 to 180,000 EGP.
4. Price Per Square Meter for Medical Units (Clinics)
- Average Price Per Square Meter: Ranges between 20,000 EGP and 47,000 EGP.
- Maximum: Can reach 102,000 EGP or more in specialized hospitals and medical centers with high-end equipment.
- Examples:
- Audaz Mall: Price per meter ranges between 33,000 and 41,000 EGP.
- Madar Mall: Price per meter starts from 25,000 EGP.
- Helios Health Tower: Price per meter ranges between 25,650 and 27,000 EGP.
- Medicon New Capital: Medical unit price per meter starts from 102,000 EGP.
Key Factors Influencing the Price Per Meter:
- Location: Units overlooking the Green River, or located in vital areas like the Central Business District (CBD) or Downtown, or near the Government District and main axes, command a higher price per meter.
- Finishing and Quality Level: Fully finished units with the highest quality and luxurious materials are more expensive than semi-finished units.
- Services and Facilities: Compounds and malls offering a wide range of integrated services (24/7 security, green spaces, clubs, shopping centers, garages) positively impact the price per meter.
- Real Estate Developer's Reputation: Companies with extensive experience and a proven track record of timely and quality deliveries often set higher prices for their products.
- Delivery Date: Ready-to-deliver units are typically higher in price than off-plan units (under construction).
- Payment Plans: The flexibility of payment plans and the length of installment periods can affect the total price per meter.
Investment Advice:
The New Administrative Capital remains a promising investment opportunity, and the price per meter is expected to continue rising as construction phases are completed and more institutions and companies relocate there. It is always advisable to consult with a specialized real estate advisor for the latest and most accurate prices and offers, and to visit different projects on-site.
