an opportunity marakez disrect 5 139 sqm
Property Type:
Apartment
Property Size:
1,496 sqft / 139 sqm
Bedrooms:
2
Bathrooms:
2
Available from:
3 Mar 2024
Location
District 5 Residences
Cairo, New Cairo City, El Katameya, El Katameya Compounds
Agent
Fadl Anwar
Insider Real Estate Consultancy
(1571 Properties)Amenities
Balcony
Description
Apartment 139
2 bedrooms
2 bathrooms
Recepiton 3 pieces
Semi-finished
Facing north
asking : 4.350.000
Marakez Egypt - Fawaz Alhokair Group, the developers of Mall of Arabia and AEON in West Cairo, have announced the launch of their newest development in New Cairo - District Five.
District Five is a 200-acre mixed use development which is part of a 4,000-acre extension to New Cairo. Marakez is one of the very first developers to acquire a land plot in this New Cairo extension.
LOCATION
District 5 is easily accessible from the ring road (7 km away). It also lies 19 minutes from Cairo International Airport, 13 minutes from Maadi, and less than 10 minutes away from Katameya Heights, AUC and ROAD 90. Two parallel flyovers are planned to link District 5 to the heart of New Cairo.
District 5 will be home to a large shopping centre spanning 100 acres with a whopping one kilometre frontage. The commercial hub will be accessible through four entrances and is expected to provide 70k sqm of built up commercial area.
The residential area features state of the art town houses with total build up area of 258 sqm and apartments which range from 150 - 172 sqm for two bedroom and 180 - 215 sqm for three bedroom units. Luxurious penthouses are also available. Residents will benefit from fitness and wellness centres together with sports courts and a luxurious clubhouse.
This property costs 34% less than the average price of 2 bedroom in Cairo
Average Sale Price is 6,561,455 EGP
This property is 5% bigger than the average size of 2 bedroom in Cairo
Average size is 133 sqm
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Cairo
Reference:
Fadl-district5-139
Listed:
1 month ago
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