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Average starting price of residential units in the New Administrative Capital in Egypt in 2022, by district (in U.S. dollars per square meter)

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Source

Release date

September 2022

Region

Egypt

Survey time period

2022

Supplementary notes

Prices consists of official prices issued by the developers and are based on primary sale projects.
According to the source, the data on residential unit includes projects which have fully finished units of apartments and villas for sale. This excludes serviced apartments both west and east of the capital, Cairo.
Currency conversion rate according to source: 1 U.S. dollar = 19.14 Egyptian pounds.

Citation formats

Starting price of residential units in New Administrative Capital in Egypt 2022

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 3, 2022
As of 2022, residential units in the New Administrative Capital in Egypt had the highest starting price in the investors area residential neighborhood. In that year, the average starting price of residential units in the district amounted to close to U.S. dollars per square meter. Furthermore, in the R7 district, the square meter's starting cost was just over *** U.S. dollars, while the starting price was lower in the R8 district at around *** U.S. dollars per square meter.
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