Egypt's New Administrative Capital (NAC) represents the country's most ambitious urban development project since the founding of Heliopolis. Here's what investors need to know.
Project Overview
Located 45 km east of Cairo, the NAC spans approximately 170,000 feddans (714 km²) and is designed to eventually house 6.5 million residents. The city is divided into distinct districts including governmental, financial, residential, diplomatic, and entertainment zones.
Current Status
As of 2025, the government district is fully operational with ministries relocated. The first residential phases (R3, R5, R7) have seen significant handovers, and the iconic tower — Africa's tallest building — is nearing completion. The monorail connecting NAC to East Cairo is in advanced construction stages.
Investment Hotspots
- R7 District: The most established residential area, with the best current rental demand.
- MU23: A mixed-use district attracting attention for its commercial potential.
- Financial District: Home to the stock exchange and major banks, driving office and retail demand.
- Downtown Area: The cultural and entertainment heart of the city, still in development but with significant upside.
Price Trajectory
Launch prices for apartments started around EGP 8,000-12,000 per square meter. Current resale prices in completed phases range from EGP 25,000-45,000 per square meter, representing significant capital appreciation for early investors.
Risks to Consider
- The city's long-term success depends on continued government commitment and private sector investment.
- Infrastructure is still being built out, meaning some areas remain under construction.
- Rental demand outside the government district is still developing.
Bottom Line
The NAC offers compelling long-term value for patient investors. The key is choosing the right district, the right developer, and the right price point. Our team can help you navigate the opportunities.