Al Fustat New City, Opportunity in Egypt’s Historical Heart
Al Fustat New City is a unique investment opportunity in one of Egypt’s most historically significant and important areas. This new city area wants to make a complete and connected place to live, with nice buildings and facilities. With competitive pricing and a wide range of available unit spaces, Al Fustat New City combines tranquility and luxury in one place.
About the Saudi Egyptian Company, SED, The developer of Al Fustat New City
The Saudi Egyptian Company is a leading player in Egypt’s real estate sector. They have a strong track record of accomplishments and projects. It was founded in 1975 through a fruitful cooperation between the Saudi Arabian government and the Urban Communities Authority. As a result, this cooperation has successfully executed numerous real estate projects in Egypt that have had howling success.
Thanks to its extensive track record, project diversity, and commitment to quality, SED has become a major player in Egypt’s real estate sector that delivers successful and distinctive investment projects.
Here are some of the company’s previous achievements:
- Zahret Fifth Settlement
- Amal Housing
- Nile Assiut Housing
- Nozha Housing in New Cairo
- Studio Misr
- Jayd New Cairo
- Dura Assiut, currently under construction
- Zahre Assiut
- Compound Zahre Al Oubor
- Champs Elysees Towers Alexandria
- Secon Residence in Alex
- Secon Residence New Damietta
- The Latin Quarter New Alamein
- Bleu Vert New Capital
- Mansoura Housing
- Badiya Research in Shubra
- New Maadi Housing
- Lake Dream Badr City
The Location of Al Fustat New City
The Al Fustat New City residential project is in a great location, making it a perfect place to live. Here are some key points about the location:
- Al Fustat New City is located near the National Museum of Egyptian Civilization, one of the most important museums in Egypt
- Easy access to Salah Salem Road, a major artery in Cairo, facilitates transportation and access to different directions of the city
- Al Fostat New City is close to the Nile Corniche and in front of the historic Cairo Citadel Aqueduct, Magra Al Eyoon Walls
- The compound is close to Cairo International Airport making it convenient for travelers who need easy access to the airport
- Al Fustat New City offers convenient access to Fifth Settlement and New Cairo
- It is also near Souq Al Fustat Cairo ” Fustat markets”, Fustat Hills Park, Fustat Ceramics Center, and the hanging church
With its prime location and nearby facilities and service areas, Al Fustat New City stands as an attractive choice for both residential and investment purposes in Egypt.
The Design of Al Fostat New City
The first phase of Al Fustat New City spans over 71 acres aimed at turning Fustat City into a modern residential city in Old Cairo. This extensive area includes various housing units of different sizes, amenities, and designs. This diversity allows residents to choose units that suit their desires.
The compound boasts a diverse range of residential apartments. In addition, there are 16 acres of recreational facilities within the complex that will serve as a place for residents to enjoy leisure and entertainment. Al this enhances the compound’s attractiveness as a living community in the new city of fustat in the heart of Cairo.
The Al Fustat New City project includes a total of 79 residential buildings, with 1,924 diverse apartments to cater to the varying preferences of customers. Also, The project includes four different zones, each containing specific types of buildings. Here are the details:
- Zone1 includes buildings consisting of ground + three floors
- Zone2 includes buildings consisting of ground floors + four floors
- Zone3 includes buildings with ground + six floors
- Zone4 includes buildings with ground + seven floors
Each building includes electric elevators and four apartments per floor which ensures a well-distributed layout and easy accessibility for residents. This diversity in designs and spaces makes Al Fustat New City an ideal choice for various resident needs.
Services and amenities in New Fustat City
The Saudi Egyptian Company, SED, has provided a wide range of services and facilities in Al Fustat New City to be an integrated community that meets residents’ needs. Some of the available services and amenities in New Fustat include:
- Spacious Garages with a capacity of up to 1,400 cars, provide a secure parking space
- Commercial Areas offer shopping and entertainment opportunities within the compound, meeting daily needs.
- Electric Elevators: in each building to facilitate easy movement
- Security and Protection available round-the-clock in addition to surveillance cameras in New Fostat City
- Green Spaces and artificial lakes to let residents enjoy the natural scenery
- Sports Facilities in addition to an equipped Gym that supports physical activity and well-being.
- A huge mosque in addition to a Pharmacy inside Al Fostat New City to meet residents’ needs.
With these services and amenities, clients can enjoy a comfortable lifestyle within Al Fustat New City. It’s an ideal investment opportunity and residential choice for those seeking a modern life in a vibrant location in Cairo.
Areas and prices of the for-sale units in Fustat New City Compound by SED
The developer SED company offers new residential apartments in the New Fustat Compound with sizes ranging from 130 to 170 square meters. As for the price per square meter in the New Fustat Compound, it is competitive compared to other projects around. Thus, the starting price in the New Fustat Compound starts from 24,000 EGP /SQM.
These prices make the New Fustat Compound an attractive option for those interested in living in a vibrant area in the heart of Old Cairo. This also provides an additional opportunity for those interested in investment.
The payment System in the New Fostat Compound
SED company has ensured that its exclusive project offers flexible payment facilities to suit all customers in owning a distinctive unit with a low down payment and a long installment period. Here are the details of the payment plan in New Fostat City:
- A down payment of 10% of the total price and the customer can pay the remaining amount in equal installments over 7 years
The advantage of investing in New Fustat City by SED
With its rich history and promising future, Al Fustat New City stands as a testament to the enduring appeal of Egypt’s cultural heritage. Here are some of the very reasons why ensuring you a sustainable residence inside Al Fustat New City by SED Developments:
- Al Fustat New City represents a golden investment opportunity in the heart of Egypt’s historical legacy
- Its exceptional location, diverse apartments, and wide range of services make it an attractive choice for both residents and investors.
- The developer, SED, is well-reputed and known for its commitment to quality and sustainability and this ensures the long-term success of this outstanding project.
Don’t miss the chance and book your unit now