Sale in The 5th Settlement: Grand Plaza Mall 720m for SALE in New Cairo

Grand Plaza Mall for SALE!

Location: 5th Settlement - 2nd Neighborhood

Built on ground, first and second floor

BUA: 720 SQM
LA: 1800 SQM
Garage area: 1600 SQM
Storage area: 900 SQM
New Cairo is a satellite city within the metropolitan area of Cairo, Egypt. Administratively, it is part of the Eastern Area of Cairo, administered by the New Urban Communities Authority. The city was established in 2000 by merging three 'new' towns originally on an area of about 67,000 acres which had grown to 85,000 acres by 2016.

According to the 2017 census, New Cairo's three qisms had a combined population of 297,387 residents (also see population section below).This is in stark contrast to the New Urban Communities Authority's (NUCA) undated population estimate of 1.5 million inhabitants and a target population of 4 million inhabitants.However, the same source contradicts this claim where it states 70,000 homes as built, leading to an impossibly high average of 21 people per home. The lower population figure translates into a more realistic 4 people per home.

New Cairo is built in the Eastern Desert to the east of the Cairo Ring Road and the modern 1950s extension of Nasr City, on a plateau that ranges in elevation between 250 and 307 metres (820 and 1,007 ft) above sea level.

The city could eventually host a population of 5 million. When compared to 6th of October, also built with the hopes of alleviating the strain on Cairo, more homes are being rented out in New Cairo than in 6 October.

Rented for 1,000,000 / Month
Total price: 240,000,000 EGP

*Note: Mall including sold pharmacy on an area of 80 SQM

Grand Plaza Mall 720m for SALE in New Cairo

Regulatory information

Regulatory information