R18 New Capital is a luxurious residential community in the New Administrative Capital of Egypt. The project is being developed by ERG Developments, one of the most prominent real estate companies in the Egyptian market. The compound spans over an area of 25 feddans, with a master plan designed by Hafez Consultants.
Some key features of R18 New Capital include:
- A complete upscale living experience, with expanded landscapes and generous facilities tailored to serve each lifestyle.
- Luxurious apartments with high-end designs and excellent quality finishing.
- Integrated entertainment services that meet all necessary life needs and customer requirements.
- 18.5% buildings and 81.5% green spaces and services.
- Ground + 7 floors + floors in time for garages and 28 buildings.
- A partnership with Housing & Development Bank.
R18 New Capital is part of the larger New Administrative Capital project, which is a new city being built to ease congestion in Cairo and promote economic growth. The new city is expected to house millions of residents and provide job opportunities in various sectors. The development of R18 New Capital is a significant step towards achieving this goal, as it offers a modern and luxurious living experience in a prime location.
Overview of R18 New Capital
Strategic Location
Nestled in the center of Egypt’s New Administrative Capital is the residential district known as R18 New Capital. Because R18 New Capital is close to major thoroughfares and transportation hubs, it is well-positioned to facilitate easy access to other parts of the city. It is also conveniently located close to a number of other key establishments, including shopping malls, hospitals, and schools.
RI8 Compound
Situated on 25 acres, RI8 New Capital Compound is a major component of R18 New Capital. The purpose of the property is to offer its occupants an opulent and cozy lifestyle. Numerous amenities are included, including entertainment spaces, sports facilities, swimming pools, and beautifully landscaped gardens. In order to accommodate a range of requirements and tastes, the complex also offers a variety of residential unit types, such as duplexes and apartments, all with varied sizes and styles.
Real Estate Developer – Mohamed Rizk
The developer of RI8 New Capital Compound and R18 New Capital is Mohamed Rizk. He has a solid track record of completed successful projects and is a well-known personality in the Egyptian real estate sector. Delivering top-notch developments that satisfy his clients’ demands and expectations is Mohamed Rizk’s commitment. His group of seasoned experts collaborate to guarantee that every facet of the project is carried out to the greatest possible standards.
In summary, R18 New Capital is a prime residential district located in the New Administrative Capital in Egypt. It offers a strategic location, a luxurious compound, and a reputable real estate developer. With its modern design, state-of-the-art facilities, and convenient location, R18 New Capital is an ideal place to call home for those seeking a comfortable and sophisticated lifestyle.
Residential Options
When it comes to residential options in R18 New Capital, there are several choices available to potential residents. These options include apartments, duplexes, villas, twin houses, and townhouses. Below is an overview of each option.
Apartments and Duplexes
R18 New Capital offers luxurious apartments and duplexes with high-end designs and excellent quality finishing. The property sizes range from 155 – 360 Sqm. The completion date for the apartments and duplexes is Aug 2025, and the finishing for the properties are Fully Finished.
Some of the features of the apartments and duplexes include:
- Spacious living areas
- High-quality finishing
- Modern designs
- Balconies or terraces
- Access to communal facilities such as swimming pools and gyms
Villas, Twin House, and Townhouse
Townhouses, villas, and twin houses are also available in R18 New Capital for those seeking more room. Families or individuals in need of additional room and seclusion will find these properties perfect.
Some of the features of the villas, twin houses, and townhouses include:
- Private gardens or outdoor areas
- Spacious living areas
- High-quality finishing
- Modern designs
- Balconies or terraces
- Access to communal facilities such as swimming pools and gyms
All things considered, R18 New Capital provides a variety of housing options to accommodate various demands and lifestyles. This development offers options for everyone, whether you are searching for a large home or an opulent apartment.
Amenities and Facilities
R18 New Capital is a posh neighborhood that provides its residents with a host of services and facilities. These facilities and amenities are made to meet every requirement of the residents and give them a luxurious and pleasant place to live.
Green Spaces and Landscaping
The estate, which spans 25 feddan, is distinguished for its enlarged gardens, parks, and sceneries. A verdant, luxuriant setting ideal for leisure and enjoyment is provided to residents of R18 New Capital. Modern irrigation systems throughout the complex guarantee that the vegetation is always lush and well-kept.
Recreational Services
R18 New Capital offers a variety of recreational services that cater to all the needs of the residents. These services include a clubhouse that is the heart of the community and offers a variety of entertainment options, including a cinema, a library, a games room, and a lounge area. The compound also has a swimming pool, a gym, and a spa that offer residents the opportunity to stay fit and healthy.
Security and Surveillance
R18 New Capital takes the security and safety of its residents very seriously. The compound is equipped with state-of-the-art surveillance cameras that ensure that the residents are safe and secure at all times. There is also a group of trained security guards on the compound that can handle any emergency.
In conclusion, R18 New Capital offers a luxurious and upscale living experience that is highlighted by its amenities and facilities. The compound is equipped with everything that a resident could need, from green spaces and landscaping to recreational services and security and surveillance.
Commercial and Social Hubs
The R18 New Capital Compound offers a wide range of commercial and social hubs to cater to the needs of its residents. The following subsections highlight some of the popular hubs in the compound.
Restaurants and Cafes
The compound boasts a diverse range of restaurants and cafes, offering residents a variety of cuisines to choose from. Some of the popular restaurants and cafes in the compound include:
- Cafe Supreme: A cozy cafe that serves delicious coffee and light snacks.
- Mori Sushi: A Japanese restaurant that offers a variety of sushi rolls and other Japanese dishes.
- The Smokery: A restaurant that specializes in smoked meats and seafood.
- La Poire: A bakery and pastry shop that offers a variety of desserts and baked goods.
Shopping and Retail Centers
The R18 New Capital Compound also features several shopping and retail centers, providing residents with access to various products and services. Some of the popular shopping and retail centers in the compound include:
- The Pointe: A shopping center that offers a variety of clothing, accessories, and home decor items.
- The Market: A grocery store that offers a wide range of fresh produce and other food items.
- The Pharmacy: A pharmacy that provides residents with access to prescription medications and over-the-counter products.
Overall, the commercial and social hubs in the R18 New Capital Compound cater to the needs of its residents and provide them with convenient access to various services and facilities.
Pricing and Payment Options
Property Prices
The prices of properties in R18 New Capital vary depending on the type of property and its size. As of June 2024, the average price per square meter in this district is around 17,000 EGP. The prices of apartments range from 1.5 million EGP to 5 million EGP, while the prices of villas range from 6 million EGP to 20 million EGP.
Payment Systems and Plans
R18 New Capital offers various payment systems and plans that cater to the needs of different customers. The following are some of the payment options available:
- Down Payment: The down payment for properties in R18 New Capital starts at 10% of the total price of the property.
- Installments: Properties can be paid in installments over a period of up to 10 years, depending on the developer and the project.
- Payment Systems: There are different payment systems available, such as cash payments, bank loans, and mortgage financing.
It is important to note that some payment systems may have additional fees and charges, such as administrative expenses, garage fees, and club fees. These fees are optional during the launch period but may become mandatory after the end of the launch period.
Customers are advised to carefully review and compare the available payment systems and plans before making a decision. It is recommended to consult with a financial advisor or a real estate agent to ensure that the payment plan is suitable for their financial situation and needs.
Infrastructure and Transportation
Transportation Networks
Traveling within and outside of the city is made simple by R18 New Capital’s robust transit network. The city boasts a cutting-edge bus, taxi, and metro system for public transit. The majority of the city is covered by the incredibly effective metro system, which facilitates easy and speedy mobility.
Additionally, R18 New Capital’s proximity to key highways facilitates residents’ and visitors’ travel to and from the city. People may easily visit the Government District and Central Business District for employment or other purposes due to the city’s advantageous location.
Proximity to Major Roads and Landmarks
R18 New Capital is located near major roads and landmarks that make it easy to access important areas within and outside the city. The Cairo-Suez Road, a significant thoroughfare that links R18 New Capital to other Egyptian cities, passes close to the city. The city is also close to the Cairo-Alexandria Desert Road, which makes it simple to reach the Mediterranean coast.
The city is also located near major landmarks such as the Pyramid of Giza and the Sphinx, which are important tourist attractions in Egypt. This makes R18 New Capital an ideal location for visitors who want to explore the country’s rich history and culture.
In summary, R18 New Capital boasts a sophisticated transit system and infrastructure that make it simple for locals and guests to get around the city and to key locations both inside and outside of it. For those who wish to learn more about Egypt’s rich history and culture, the city is ideally situated given its close proximity to important thoroughfares and historical sites.
Community and Lifestyle
With an emphasis on family life, R18 New Capital is a neighborhood that provides a high standard of living. Children can grow up in a secure and cozy atmosphere because of the community’s thoughtful design. The neighborhood is full of green areas that give people an opportunity to enjoy the outdoors and keep active.
Educational Institutions
For families with children, R18 New Capital offers several educational institutions. There are a number of highly rated schools in the area, ranging from primary schools to universities. Parents can feel secure in the knowledge that their kids will get a top-notch education in a nurturing setting.
Health and Wellness
Additionally, R18 New Capital is dedicated to advancing wellbeing and health. There are several parks and leisure centers in the neighborhood that provide people with opportunities to maintain an active lifestyle. There are also several health clinics and hospitals in the area that provide high-quality medical care.
In conclusion, R18 New Capital offers a community that is focused on family life and promoting a healthy lifestyle. With a variety of educational institutions and green spaces, residents can enjoy a high standard of living while also staying active and healthy.
Real Estate Investment
Real estate investment is a popular choice for many investors looking to diversify their portfolio and generate passive income. R18 New Capital is a promising investment opportunity that offers several advantages to potential investors. In this section, we will discuss the market trends and the advantages of investing in R18 New Capital.
Market Trends
Making educated investing selections requires keeping up with the newest trends in the ever-changing real estate market. Recent market statistics indicate that New Capital is becoming an increasingly desirable place to invest in real estate because of the fast growing demand for properties there. A major force in the New Capital real estate market, the Housing and Development Bank has teamed up with a number of developers to present a variety of properties to prospective buyers.
Advantages of Investing in R18 New Capital
Investing in R18 New Capital offers several advantages, including:
- High Return on Investment: R18 New Capital is a rapidly growing area with high demand for properties. This means that investors can expect a high return on their investment in the long run.
- Strategic Location: R18 New Capital is strategically located near major highways and transportation hubs, making it easily accessible to residents and commuters.
- Affordable Prices: Compared to other areas in Cairo, R18 New Capital offers affordable prices for properties. This makes it an attractive option for investors looking to enter the real estate market without breaking the bank.
- Diverse Property Options: R18 New Capital offers a range of property options, including apartments and duplexes. This means that investors can choose a property that best suits their investment goals and budget.
In conclusion, anyone wishing to diversify their portfolio and earn passive income would be wise to invest in R18 New Capital. R18 New Capital provides prospective investors with a number of benefits due to its advantageous location, reasonable costs, and wide range of property alternatives.
Unique Features
Iconic and Diamond Towers
Ri8 New Capital, developed by ERG Developments, boasts two of the most iconic towers in the area: the Iconic Tower and the Diamond Tower. These towers are not only a symbol of luxury but also a testament to the innovative engineering and design that went into creating them. The Iconic Tower is a 45-story building that stands out for its unique shape and design, while the Diamond Tower is a 35-story building that features a diamond-like façade. Both towers offer breathtaking views of the surrounding landscape.
Innovative Engineering and Design
ERG Developments has incorporated innovative engineering and design into every aspect of Ri8 New Capital. The project features a state-of-the-art engine that ensures the efficient operation of all the facilities. The engineering team has also ensured that the project is environmentally friendly, with features such as solar panels and rainwater harvesting systems.
The landscaping at Ri8 New Capital is also worth noting. The large green areas and water features provide a calm and pleasant setting for locals to rest and rejuvenate. The building features amenities including a swimming pool, jacuzzi, and gym that are all finished to the greatest standards, catering to every lifestyle.
To sum up, Ri8 New Capital is a posh neighborhood that provides a distinctive way of life. The Iconic and Diamond Towers, innovative engineering and design, and expansive landscaping are just a few of the features that make this project stand out. Ri8 New Capital is the ideal place to call home since ERG Developments has spared no expense to ensure that every component of the project is built to the greatest standards.
Frequently Asked Questions
What are the main features of the new administrative capital in Egypt?
The new administrative capital in Egypt is a major development project that is designed to alleviate the overcrowding and congestion in Cairo. The new capital will include a range of features, such as government buildings, residential areas, commercial zones, and public spaces. The project is set to be completed in phases, with the first phase expected to be completed by 2022.
Can you provide a map overview of the new administrative capital?
Yes, there are several maps available that provide an overview of the new administrative capital. These maps show the location of the new capital, as well as the different zones and features that will be included in the development.
What is the projected population for Egypt’s new administrative capital?
The projected population for Egypt’s new administrative capital is around 5 million people. This is significantly larger than the current population of Cairo, which is estimated to be around 20 million people.
What are the economic implications of developing the new capital?
The development of the new administrative capital is expected to have significant economic implications for Egypt. It is hoped that the project will attract investment and create jobs, as well as provide a boost to the country’s economy. However, there are also concerns about the cost of the project and its impact on public finances.
How does the new capital aim to improve upon the infrastructure issues faced by Cairo?
The new administrative capital is designed to address some of the infrastructure issues faced by Cairo, such as traffic congestion and air pollution. The development will include modern transportation systems, such as a new metro line, as well as green spaces and public parks. The aim is to create a sustainable and livable city that is able to meet the needs of its residents.
What are the environmental considerations in the construction of Egypt’s new administrative capital?
The construction of Egypt’s new administrative capital is being carried out with a range of environmental considerations in mind. The development includes plans for green spaces and public parks, as well as sustainable transportation systems. Additionally, efforts are being made to ensure that the construction process is carried out in an environmentally responsible manner, with measures in place to minimize waste and pollution.