Under market price studio in iCity

1 Bedrooms Studio for Sale in iCity New Cairo

1    1
Reference: NS71594
EGP 2,200,000
Category:
Studio / Sale
Price:
EGP 2,200,000 Cash
Price / Sqm:
EGP 24,444 Per Sqm
Finishing Status:
Core & Shell
Area:
90 M2
No of Floors:
Bedrooms:
1
Bathrooms:
1
Year Built:
2023
Allowable height:
Last Updated:
Sun 27 Aug 2023

ICity New Cairo is a large planned city situated south of Cairo, Egypt. The city is being developed by Emaar Misr, a subsidiary of Dubai-based Emaar Properties. It is planned to be the first master-planned compound in Egypt and is estimated to cost approximately USD$3.6 billion.

The project was officially unveiled in November 2013 and construction began shortly thereafter. The project will include a range of residential, commercial, retail, and recreational areas. The residential area of the compound will consist of villas and townhouses, while commercial areas will include a business park and a shopping mall.

The city will have its own schools, universities, hospitals, and other amenities. It will also have access to a network of roads and public transportation systems, such as a Metro line connecting it to the rest of Cairo. The Metro line is expected to be completed by 2022.

The centerpiece of iCity New Cairo will be a large urban park featuring attractions and activities for the whole family. Plans are also in place to create a green open space and a modern waterfront, with additional leisure and recreational activities.

The development of iCity New Cairo is expected to help improve infrastructure and housing in