New Fustat City Compound, developed by Saudi Egyptian Real Estate, is a modern residential city in the heart of Old Cairo. The compound is spread over an area of 950 acres and includes a variety of distinguished residential and commercial properties. The Saudi Egyptian Real Estate Development Company is one of the leading companies with extensive experience in the real estate market. It was established in 1976 due to a Saudi-Egyptian partnership and has achieved great success in Egypt and the Arab world through its high-quality urban projects.
New Fustat City Compound is part of the Egyptian state’s initiative to develop the Fustat New Urban City into a modern residential area. The compound offers a comfortable lifestyle for residents, with all their daily needs within easy reach. Saudi Egyptian Real Estate has chosen about 71 acres of the total compound area to create an integrated city that provides the greatest comfort over time. The compound’s prime location in downtown Cairo makes it one of Egypt’s most important strategic locations.
Saudi Egyptian Real Estate has a strong track record of accomplishments and projects in Egypt’s real estate sector. Their fruitful cooperation with the Saudi Arabian government and the Urban Communities Authority has led to establishing the New Fustat City Compound, one of their most significant projects. The compound offers a unique blend of modernity and history in the heart of Old Cairo.
Overview of New Fustat City Compound
New Fustat City Compound is a residential project developed by the Saudi Egyptian Real Estate Development Company (SED) in the heart of Fustat City, Old Cairo. The project covers an area of 71 acres and includes 79 residential buildings with a variety of residential units. The compound is designed to provide residents with a comfortable and modern lifestyle in a green and peaceful environment.
Historical Context and Vision
Fustat City, also known as Al Fustat, is one of the oldest cities in Egypt and was the capital of Egypt during the Islamic era. The city is in Old Cairo, also known as the Latin Quarter. The area is rich in history and culture and has many historical landmarks and tourist attractions.
The vision of the New Fustat City Compound is to provide residents with a modern lifestyle while preserving the area’s historical context. The project is designed to blend in with the surrounding environment and enhance the area’s beauty.
Strategic Location
The New Fustat City Compound is strategically located in the heart of Old Cairo, in front of Salah Salem Road, which connects the area to New Cairo and the Fifth Settlement. The compound is also close to the Nile Corniche and is easily accessible from different parts of Cairo.
The compound’s location provides residents easy access to various facilities and services, including schools, hospitals, shopping centers, and entertainment venues.
Project Scale and Features
The New Fustat City Compound covers an area of 71 acres and includes 79 residential buildings with various units. The compound also includes green spaces and facilities, such as an open and closed theater, dancing fountains, six cinema theaters, a Hilton hotel, and a massive shopping center.
The compound is designed to provide residents with a comfortable and modern lifestyle in a green and peaceful environment. The residential units are designed to provide residents with maximum comfort and convenience, and the facilities are designed to meet the needs of all residents.
In conclusion, the New Fustat City Compound is a modern residential project developed by the Saudi Egyptian Real Estate Development Company (SED) in the heart of Fustat City, Old Cairo. The project is designed to provide residents with a comfortable and modern lifestyle in a green and peaceful environment while preserving the area’s historical context.
Design and Architecture
Master Plan and Layout
New Fustat City Compound is a residential project developed by the Saudi Egyptian Real Estate Development Company. Its master plan prioritizes the comfort, luxury, and tranquility of its residents. The compound’s layout is well thought out, providing ample spaces for residents to relax and enjoy their surroundings.
The residential buildings in the compound are designed to meet the highest standards of modern and architectural design. Each building’s ground floor is spacious and welcoming, with an elegant lobby and comfortable seating. Elevators transport residents to their respective floors.
Building Specifications
The New Fustat City Compound buildings are constructed with high-quality materials to ensure durability and longevity. The elevators are state-of-the-art and designed to provide residents with a smooth and comfortable ride. The compound also features a comprehensive security system to ensure the safety of its residents.
Aesthetic and Environmental Considerations
New Fustat City Compound’s design focuses on creating a modern and aesthetically pleasing environment for its residents. The compound’s landscape features artificial lakes and green spaces that provide a sense of serenity and tranquility. The buildings have a modern aesthetic that blends seamlessly with the surrounding environment.
The compound also considers environmental factors. The landscape is designed to be sustainable and eco-friendly, focusing on water conservation and energy efficiency. The buildings are designed to provide ample natural light and ventilation to reduce the need for artificial lighting and air conditioning.
In conclusion, the New Fustat City Compound is designed to provide its residents with a comfortable, luxurious, and tranquil living environment. The compound’s design and architecture prioritize modern design, architectural design, and environmental considerations to create a sustainable and aesthetically pleasing environment.
Amenities and Services
New Fustat City, compounded by Saudi Egyptian Real Estate, offers a wide range of amenities and services that cater to the diverse needs of its residents. The compound provides a comfortable and luxurious lifestyle, with all the necessary facilities conveniently located within the premises.
Residential Comforts
The residential units in New Fustat City Compound are spacious, beautifully designed, and equipped with modern amenities to ensure maximum resident comfort. The apartments are available in different sizes and configurations to suit the needs of families and individuals. Each apartment has a balcony that offers stunning views of the surrounding landscape.
Entertainment and Leisure
The compound provides a variety of entertainment and leisure options for its residents. The compound has a state-of-the-art gym, a luxurious spa, and several swimming pools where residents can relax and unwind. There is also a mosque within the compound where residents can pray and attend religious events.
For those who love dining out, the compound has several cafes and restaurants offering various cuisines. It also has a shopping mall with several retail outlets, including high-end brands.
Security and Surveillance
New Fustat City Compound by Saudi Egyptian Real Estate takes the security of its residents very seriously. The compound is equipped with state-of-the-art security systems, including surveillance cameras, to ensure their safety. Security personnel are also present around the clock to ensure the compound’s security.
In conclusion, the New Fustat City Compound by Saudi Egyptian Real Estate provides a luxurious and comfortable lifestyle with all the necessary amenities and services within the premises. The compound is secure and offers its residents a range of entertainment and leisure options.
Investment and Real Estate Value
Market Positioning
New Fustat City Compound by Saudi Egyptian Real Estate is one of the leading residential compounds in Egypt. It is in a prime location in the heart of Fustat, one of Egypt’s most important strategic locations. The compound is situated in an area witnessing rapid development, making it an ideal investment opportunity for those looking for long-term growth potential.
The compound is developed by one of Egypt’s most experienced real estate development companies, the Saudi Egyptian Real Estate Development Company. The company has a strong track record of accomplishments and projects, which makes investing in New Fustat City Compound a safe and reliable choice.
Pricing and Payment Options
The New Fustat City Compound offers competitive prices for its residential units, making it an attractive investment opportunity for investors looking for a good return. The pricing for the residential units is 24,000 EGP per square meter, which is in line with the current market prices in the Egyptian real estate market.
The payment system for the New Fustat City Compound is flexible. A down payment of 10% is required to secure a unit. The remaining amount can be paid over seven years, making it easier for investors to manage their finances.
For example, if an investor is interested in purchasing a residential unit with an area of 130 square meters, the total price would be 3,120,000 Egyptian Pounds. The investor would need to pay a down payment of 312,000 Egyptian Pounds to secure the unit, and the remaining amount can be paid over up to seven years.
Overall, investing in New Fustat City Compound by Saudi Egyptian Real Estate is a safe and reliable choice for investors looking for a good return on investment in the Egyptian real estate market. The compound’s prime location, competitive prices, and flexible payment system make it an attractive investment opportunity for local and international investors.
Connectivity and Infrastructure
Transportation Networks
New Fustat City Compound is in Old Cairo, opposite Salah Salem Street. The compound is easily accessible via major transportation networks, including highways and main roads. The Urban Communities Authority has ensured that the transportation network in and around the compound is well-developed and efficient, making it easy for residents to move around the city.
Utilities and Technologies
The infrastructure of New Fustat City Compound is designed with the latest technologies to ensure that residents have access to all the necessary utilities. The compound has a state-of-the-art sewage system, water treatment plant, and efficient waste management system. It also has an ATM for residents’ convenience.
The compound’s construction is of high quality, ensuring the buildings are sturdy and durable. The compound has 79 residential buildings with a total of 1,924 housing units. The delivery date is 2024, and the price is competitive at 24,000 EGP per square meter. The payment plan is flexible for up to seven years.
Roads
The roads in and around New Fustat City Compound are well-maintained and designed to handle heavy traffic. The compound has ample parking space for residents and visitors. The Urban Communities Authority has ensured that the roads leading to and from the compound are well-connected to major highways and main roads, making it easy for residents to commute to work or other parts of the city.
In conclusion, the New Fustat City Compound is a well-planned and well-connected residential development that offers its residents easy access to transportation networks, utilities, and technologies. The Urban Communities Authority has ensured that the compound’s infrastructure is of high quality, making it a desirable place to live.
Residential Life and Community
Housing Options
New Fustat City Compound offers a variety of housing options to cater to different needs and preferences. The residential project features 79 buildings with a total of 1,924 housing units. The sizes of the residential apartments range from 130 square meters and above, providing ample space for families of different sizes. The apartments are designed with classic architecture by SED Developers Company, providing a unique living experience.
Community Engagement
The New Fustat Project is a community-oriented residential project that promotes a sense of belonging and togetherness. It is located in a prime location in Old Cairo, in front of Salah Salem Street, making it easily accessible to different parts of the city. The compound is designed to provide a safe and secure environment for residents, with 24/7 security, CCTV cameras, and gated entrances.
Health and Wellness
New Fustat City Compound provides various amenities promoting health and wellness. The compound features a gym, cycling, walking tracks, and relaxation areas. The residential project is also located near schools, including the Citadel School, providing easy access to quality education for families with children.
Bleu Vert New Capital and Jayd New Cairo are two other residential projects by SED Developers Company that offer similar amenities and features. The residential projects aim to provide residents with a comfortable and luxurious living experience, focusing on community engagement and promoting a healthy and active lifestyle.
In summary, New Fustat City Compound is a community-oriented residential project that provides a range of housing options, community engagement opportunities, and amenities that promote health and wellness. The residential project is designed to give families a luxurious and comfortable living experience, focusing on safety, security, and togetherness.
Developer Profile
Saudi Egyptian Company Overview
The Saudi Egyptian Real Estate Development Company is a leading player in Egypt’s real estate sector. Established in 1976 due to a Saudi-Egyptian partnership, it has since achieved great success in Egypt and the Arab world through its high-quality urban projects. The company is known for its commitment to quality and excellence in all its projects.
The Saudi Egyptian Company has a strong track record of accomplishments and projects and is considered one of Egypt’s most reliable real estate developers. The company’s vision is to create innovative and sustainable urban communities that meet the needs of its customers and contribute to the country’s development.
Previous Projects and Achievements
The Saudi Egyptian Company has completed several successful projects in Egypt, including the Al Fustat New City, New Fustat Compound, and many others. The Al Fustat New City is a massive urban development project that covers an area of 5,104 acres and includes residential, commercial, and administrative units. The project is expected to be completed by 2024 and will provide more than 100,000 people housing.
The New Fustat Compound is another successful project by the Saudi Egyptian Company. It is located in one of the best locations in old Cairo. The compound offers premium location advantages, allowing residents to easily reach any destination without spending a long time in traffic. The compound is expected to provide its residents with a comfortable and luxurious living experience.
The Saudi Egyptian Company has a strong track record of investment in the real estate sector and has contributed significantly to its development in Egypt. The company’s focus on quality and excellence has earned it a reputation as one of the country’s most reliable and trustworthy real estate developers.
Frequently Asked Questions
What are the rental rates for properties in the New Fustat City Compound?
Currently, rental rates for properties in the New Fustat City Compound are unavailable. However, interested parties can contact the Saudi Egyptian Company directly for more information about the availability of rental properties within the compound.
How do the prices of residences vary within the New Fustat City Compound?
The prices of residences in the New Fustat City Compound vary based on several factors, including the property type, size, and location. Interested buyers can contact the Saudi Egyptian Company for more information about the current pricing structure for properties in the compound.
Where is the New Fustat City Compound located?
The New Fustat City Compound is in Old Cairo, opposite Salah Salem Street. The compound is in a prime location that offers easy access to various amenities and attractions in the surrounding area.
What types of properties are available for sale in the New Fustat City Compound?
The New Fustat City Compound offers a range of properties for sale, including apartments, duplexes, and villas. Interested buyers can contact the Saudi Egyptian Company for more information about the availability of specific properties within the compound.
Can you provide historical context on the development of Al Fustat as an Islamic city?
Al Fustat was founded in the 7th century AD as the first Islamic capital of Egypt. The city was established by the Arab conqueror Amr ibn al-As and served as Egypt’s political and administrative center until the 10th century AD. Over the centuries, the city was destroyed and rebuilt several times, eventually evolving into the modern city of Cairo.
Who was responsible for the original founding of Fustat?
Fustat was founded by the Arab conqueror Amr ibn al-As in the 7th century AD. Amr ibn al-As was a companion of the Prophet Muhammad and a prominent military commander who played a vital role in the early expansion of the Islamic empire. He is widely regarded as one of the most influential figures in Islamic history.
