About 15th of May City
15th of May City is one of Cairo’s most important major cities for its residents, because of its excellent location and great economic activity, which represents one of the most important factors in the city’s vitality.
The area of the city is about 8,300 feddans, of which 3,500 feddans are devoted to urban areas. The rest of the area goes for commercial, service, industrial, roads, and green areas.
Location of 15th of May City
The City is located southeast of the industrial city of Helwan, 35 kilometers from Cairo.
There are several roads that connect the City with all areas of Greater Cairo and the new cities, such as:
- The main Autostrad Road
- Heliopolis-Helwan road
- The middle ring road
- Helwan-Karimat Road (Open Upper Egypt Road).
- The regional ring road
Its distinctive location is one of the factors behind describing the city as a bridge. That’s because it links the cities of Upper Egypt and Greater Cairo to the east.
Services at 15th of May City
It has many features and services, such as:
- Commercial markets that have many multiple economic activities.
- Many educational services such as: Primary education schools complex, and various secondary schools.
- Two medical centers, in addition to many private clinics and small medical centers spread all over the city.
- Several social and sports clubs to serve residents.
- Two large mosques and a church.
Real estate opportunities in 15th of May City
15th of May City consists of 4 phases, each stage has 12 residential neighborhoods, for a total of 48 residential neighborhoods.
The unit levels vary between:
- Social housing, for which 10,000 units have been completed.
- Medium housing (Dar Misr). The authority announced the completion of about 2,000 units.
- Private sector projects that have completed about 30,000 housing units.
In addition to plots of land suitable for building.
The most important real estate projects in the 15th of May City
Dar Misr project:
In an effort to provide suitable housing for the middle class with the advantages of new cities, and at reasonable prices, the Egyptian Ministry of Housing started offering many housing units in Dar Misr project.
Overall, 15th of May City allocated its place in the project during its second phase. About 2,714 units were launched with areas starting from 100 m2 and reaching 150 m2.
15th of May City Downtown:
The 15th of May City Downtown is an integrated residential community that provides basic services, in addition to its distinguished location next to the 15th of May City Authority.
Its area is about 3.5 feddans. The area of the residential block occupies about 35% of the total area of the compound, and the rest are green areas and services.
The 15th of May City Downtown Compound contains 3 towers, each tower is located on an area of 1,500 m2. The first floor is dedicated to shops and commercial malls, the second is for administrative and medical offices. Housing Units start from the third floor.
Residential apartments prices:
The price per square meter in the city is about EGP 3,750 for apartments, and about EGP 10,000 for villas, according to Aqarmap Price Guide.
Also, you can get apartments for sale in the 15th of May City at a price ranging from EGP 2,500 to EGP 6,000 per meter, depending on its location, type of finishing and the level of the residential area.
But if you are looking for apartments for rent , then prices can range between EGP 8,00 and EGP 1,000 per month.
To clarify, the prices of apartments in the 15th of May City, whether for purchase or rent, are competitive when compared to the neighboring cities such as Helwan and Maadi.
*The prices mentioned in this article are changeable. In Aqarmap, we always ensure to update the price list of neighborhood in order to the customer be aware of the changes taking place in the real estate market, as well as to measure demand via Aqarmap indicator.
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