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Thursday, January 16, 2020

Most 3 unique neighborhoods in Fifth Settlement

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Fifth settlement and location

The Fifth Settlement is one of the gatherings of New Cairo City. It is divided into several neighborhoods, the most important of which are: The First neighborhood to the Fifth neighborhood, in addition to West Choueifat, El Lotus and El Narges.

The Fifth Settlement has become the focus of attention for those who want to live in upscale and quiet areas. It’s also an attractive place for investors and companies, due to several reasons:

  • The privileged location of the neighborhood in the heart of New Cairo, allowing Fifth Settlement  residents to access all the neighborhoods of Cairo, especially with the developments of road networks.
  • The Fifth Settlement is located on several main roads and axis. There is the ring road that facilitates access to any place in Cairo. Moreover, there is the NA Road that connects the neighborhood to Nasr City.

Advantages of living in the fifth settlement

The Fifth Settlement is also distinguished by the sophistication of its neighborhoods, its low population density, and its distance from the slums and pollution, unlike the center of the city,m. Also, it is characterized by its excellent urban planning to ensure privacy and wide streets, along with the spread of green spaces.

Outstanding educational institutions

Several educational institutions are available in the Fifth Settlement,as:

The most important schools are: Modern English School, Modern Schools of Egypt 2000, Concordia French International School, and Alghad Al-Moshreq Institute.

The most important universities are: The American University in Cairo, the German University in Cairo, the Canadian International College in Cairo, and the Future University.

Sports and shopping lovers have a share

There are also many malls and shopping centers at the highest level. These malls include: Cairo Festival City Mall, Downtown Katameya Mall, Seven Stars Mall and Emerald Empire Mall. All of these services make Fifth Settlement a commercially active area.

The most important sports clubs in the Fifth Settlement are: Wadi Degla Club, Al-Jazira Club, and Katameya Sports Club.

In addition to the availability of many restaurants, cafes and entertainment areas.

The most distinguished neighborhoods of Fifth Settlement:

90th Street

The 90th street is the most important and famous street of the Fifth Settlement. It serves as the center of the Fifth Settlement for the presence of government services and institutions in addition to international banks and multinational companies.

It is famous for its huge malls, such as: Cairo Festival City, DownTown Mall, Concord, and American Plaza, as well as the presence of a group of the finest restaurants and cafes, and a huge number of commercial places and administrative headquarters.

The most luxurious villas and the best residential buildings are located on both sides of the street. If you are looking for an upscale neighborhood with the feature of the center of the city then the 90th Street is your best option.

The square meter price starts from EGP 12,500. The prices vary according to the finishes and view of the property.

El Narges neighborhood

El-Narges neighborhood is located in a distinct location south of New Cairo City, bordered from the north by Mountain View and the 90th  Street, from the south by El Ain Elsokhna Road and the Ring Road, and from the east by Muhammad Naguib Axis, intersection with the Suez Road, from the west by the American University and West Arabella. The compound is also adjacent to a group of upscale and distinct neighborhoods.

The neighborhood has a range of premium services, such as: Marhaba Mall, Silver Star, and Medical Park for medical services. It is also near the American University and Hassan Sharbatly Mosque.

The neighborhood has various housing units, including villas and apartments. The average price per square meter for apartments is EGP 9,000, and the price per square meter for villas is EGP 12,000.

El Lotus neighborhood

El lotus neighborhood is one of the finest and most important neighborhoods of the Fifth Settlement. The name of the neighborhood comes from its urban planning in the form of a lotus flower, which gives a unique architectural appearance of the city.

Green spaces and recreational areas allocate 30% of the neighborhood.

Division of the neighborhood and its location

El lotus neighborhood is divided into the northern lotus neighborhood, consisting of five regions from the first to the fifth, and the southern lotus is made up of six regions from the sixth to the eleventh.

The neighborhood lies on the northern borders of the New Cairo Club. It has the Ring Road on its the northwest that links the neighborhoods of Cairo to the Suez Road.

It is bordered from the west by North 90th  Street and from the southeast by the 90th  Street and American University.

A great location occupied by El lotus neighborhood

The neighborhood’s location is close to all vital areas and the American University, especially Southern Lotus.

It lies in front of the Egypt Clubs Complex. This complex includes the Aviation Club, Royal Platinum Club, and New Cairo Club.

There are different housing units, ranging from villas to apartments, and the price per square meter starts from EGP 9,000.

* It is worth noting that the prices mentioned in the article are subject to change, and we are keen on Aqarmap to update the neighborhood price list continuously so that the consumer is always aware of the latest updates in the real estate market, as well as we measure demand indicators via the Aqarmap index.

Start searching for compounds in Fifth Settlement on Aqarmap

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