Area guide

New Cairo and Fifth Settlement Real Estate — Developers, Projects and Prices

AFThe AqarFlow team19 August 202611 min read

Last reviewed: 19 August 2026

New Cairo at a glance

New Cairo at a glance

New Cairo at a glance

New Cairo is one of East Cairo’s largest residential, business and education markets. It includes the First, Third and Fifth Settlements, alongside neighbourhoods such as Narges, Lotus, Banafseg, Yasmeen, Investors, Beit Al Watan and Andalus. The city is overseen by the New Urban Communities Authority through the New Cairo Development Agency.

Fifth Settlement is a major part of New Cairo, but the two names are not exact synonyms. Mostakbal City, the New Administrative Capital, Shorouk, Madinaty and Al Rehab should also retain separate destination pages despite frequent “East Cairo” grouping in advertisements.

Why buyers consider New Cairo

  • Access to universities, international schools and business districts.
  • A wide choice of apartments, duplexes, penthouses, townhouses and villas.
  • Retail, office, medical and hospitality-related investment products.
  • Links to the Ring Road, Suez Road and major East Cairo axes.
  • Mature communities alongside new off-plan phases.

Leading developers and projects

DeveloperSelected New Cairo projects
Emaar MisrMivida
SODICEastown, Villette
Palm HillsPalm Hills New Cairo
Hyde ParkHyde Park New Cairo
Mountain ViewiCity, Mountain View Hyde Park, MV 1–3
Ora DevelopersZED East, Solana East
Hassan Allam PropertiesSwanLake Residence
MARAKEZDistrict 5
Madinet MasrTaj City
La VistaEl Patio Oro, Town and Vida
IL CazarThe Crest, Vea
The WaterwayThe View and Waterway-branded assets
CredEver New Cairo
RoyaStone Park, Telal East
Reedy GroupAzzar
The MarQThe MarQ, The MarQ Gardens
TAMEERAZAD, Urban Business Lane
Al-Futtaim Group Real EstateCairo Festival City, Oriana

Dated price examples — 19 August 2026

Project/phaseDeveloperPublished starting point
Palm Hills New Cairo apartmentsPalm HillsEGP 10.288m
Palm Hills Phase 5 villas/multiplePalm HillsEGP 40.585m
Mountain View Hyde ParkMountain ViewEGP 22.922m
iCity North ParkMountain ViewEGP 17.122m
ZED EastOraEGP 9.045m
Solana EastOraEGP 13.955m
SwanLake Residence villasHassan AllamEGP 35m
The Scarlet in SwanLakeHassan AllamEGP 55m
El Patio OroLa VistaEGP 11.808m
The CrestIL CazarEGP 28.512m
VeaIL CazarEGP 12.42m
Ever New CairoCredEGP 9.036m
The MarQThe MarQEGP 15.143m
Boutique VillageModon EgyptEGP 10.426m
Stone ParkRoyaEGP 7.270m
Selection at Telal EastRoyaEGP 14.1m

How to compare two properties

Normalize property type, built-up area, land/garden area, finishing, delivery, developer sale versus resale, cash versus instalment price, down payment, annual payments, handover payment, maintenance, parking and club fees.

Read Developer Sale vs Resale in Egypt and Egypt Property Payment Plans Compared before comparing headline prices.

Buying for a home

  • Visit at different times of day.
  • Test school and work commutes.
  • Review operating services, maintenance and parking.
  • Obtain written finishing and handover specifications.
  • Use independent legal review before signing.

Buying for investment

  • Test actual rental demand and achievable rent.
  • Calculate yield after maintenance and vacancy.
  • Review assignment and resale restrictions.
  • Compare competing deliveries in the same period.
  • Treat guaranteed-return language with caution.

Key advantages

  • Diverse developers and property formats.
  • Universities, schools, offices and retail.
  • Access to Cairo Airport and the East Cairo corridor.
  • Mature and off-plan choices.
  • Residential and commercial rental demand in selected submarkets.

Risks and trade-offs

  • Large price and finishing differences.
  • Congestion on major axes and 90th Street.
  • Uneven service completion in new extensions.
  • Instalment totals that can exceed cash prices materially.
  • Maintenance, club and parking charges outside headline prices.
  • Misleading “minutes away” marketing without map verification.

Required internal links

Developers directory

Real Estate Developers in Egypt — Complete Master Directory 2026

The master guide to Egypt's leading real estate developers: sorted by market, asset type, track record, and verified credentials.

Read more
Developer comparison

Best New Cairo Real Estate Developers — Selection Criteria & Track Record

An objective comparative framework for evaluating New Cairo developers: delivery history, facility management, and customer satisfaction.

Read more
Area guide

New Administrative Capital Real Estate — Zones, Projects and Prices

A comprehensive guide to New Capital residential zones, CBD towers, Downtown commercial hubs, active developers and verified pricing.

Read more
Area guide

Mostakbal City Real Estate — Masterplan, Projects and Prices

A comprehensive guide to Mostakbal City in East Cairo: Bloomfields, IL Bosco City, Odyssia, top tier developers and verified prices.

Read more
Area guide

El Shorouk City Real Estate — Districts, Projects and Prices

A guide to El Shorouk City in East Cairo: residential districts, gated compounds, university access, top developers and pricing.

Read more
Buyer guide

Developer Sale vs Resale in Egypt — Financial & Legal Comparison

A practical guide comparing primary developer purchases against secondary resale: down payments, payment plans, transfer fees, and risks.

Read more
Financial guide

Real Estate Payment Plans in Egypt — How to Calculate True Cost & Compare

A financial guide to installment schemes in Egypt: down payments, cash discounts, handover balloon payments, and maintenance deposits.

Read more

Frequently asked questions

1

Is Fifth Settlement the same as New Cairo?

Fifth Settlement is a major district within New Cairo, not the whole city.

2

How much does an apartment in New Cairo cost?

There is no reliable single figure. In the 19 August 2026 snapshot, several new-project apartment examples started around EGP 7–14 million, while luxury phases and villas were substantially higher. Size, finishing, delivery and payment plan materially change the total.

3

Which is the best New Cairo compound?

No project is best for every buyer. Budget, commute, schools, unit type, delivery, finishing and developer track record should drive the shortlist.

4

Is Mostakbal City part of New Cairo?

It is often grouped under East Cairo marketing, but it has a distinct master plan and project ecosystem. See the separate Mostakbal City guide.

5

How can I verify a current price?

Check the price date and source, then request a written developer quotation containing a unit identifier, total price and payment schedule.

Always verify official documents, site progress and developer licences before making any contractual commitment.

Get the best articles in your inbox

A short note every two weeks, no spam.

You can unsubscribe at any time.