R3 New Capital is one of the eight districts that make up Egypt’s new administrative capital. The district is the first residential neighborhood to be implemented in the new capital, covering an area of 1,000 acres. It consists of eight neighborhoods and approximately 24,000 housing units.
One of the main attractions of R3 New Capital is its focus on providing a modern living experience. The project caters to modern families looking for a comfortable and lavish lifestyle, making it an ideal investment for those seeking a premium real estate option. The district divides into three parts, with Al Maqsad serving as the residential compound developed by City Edge Developments. It comprises 61 fully finished residential apartment buildings and a services and amenities zone.
R3 New Capital offers a range of properties, including apartments, villas, townhouses, and twin houses. Many of these properties are available for sale in installments, making them accessible to many investors. With its modern amenities, prime location, and focus on providing a premium living experience, R3 New Capital is quickly becoming a popular choice for those looking to invest in real estate in Egypt’s new administrative capital.
Overview of R3 New Capital
R3 New Capital is a strategically located district in the New Administrative Capital of Egypt. It is also known as the Third Residential District and is considered the first residential neighborhood implemented in the New Capital project.
The R3 district is divided into three parts: Al Maqsad, a residential compound developed by City Edge Developments, 61 residential apartment buildings, and a services and amenities zone. The district spans 1,000 acres and includes approximately 24,000 housing units.
The R3 district is located in the government district of the New Capital, which is designed to host the main government buildings and institutions. The district’s location provides easy access to major highways and roads, making it ideal for residents who want to connect with other parts of the city.
The New Administrative Capital of Egypt is a large-scale project to stimulate Egypt’s economy and alleviate Cairo’s rising population density. The 700-square-kilometer project adheres to its site’s cultural and climatic conditions and is expected to be a hub for business, tourism, and culture.
The R3 district is one of eight in the New Capital’s first phase. It offers several properties for sale, including apartments and commercial spaces, with flexible payment plans and installment options. The Pier Mall in the R3 district is a popular shopping destination with a starting price of 1,535,000 EGP.
In summary, R3 New Capital is a prime residential district in the New Administrative Capital of Egypt. Its strategic location, flexible payment plans, and range of properties make it an attractive option for those looking to invest in the New Capital project.
Location and Accessibility
R3 New Capital is a district in the New Administrative Capital of Egypt, situated northeast of Cairo on the border of Badr City. The district is divided into three parts, with Al Maqsad being one of them. This residential compound, developed by City Edge Developments, is located in the heart of the R3 district.
Proximity to Key Areas
Al Maqsad in R3 New Capital is located near various key locations, including Cairo International Airport, Downtown Cairo, Cairo Festival City Mall, Mall of Egypt, and City Center. Its proximity to these areas makes it ideal for those who want to live close to the city’s main attractions while enjoying a peaceful and serene environment.
Transportation Infrastructure
R3 New Capital is easily accessible through the Ain Al Sokhna and Suez roads. The New Capital’s residential area is the closest to the valley of Embassies and the airport. The area’s well-developed transportation infrastructure makes it easy for residents to travel to and from the district.
Moreover, the New Administrative Capital’s map is characterized by its innovative and advanced design, carefully planned to meet the population’s needs and achieve sustainable development. The area covers over 700 square kilometers and is located northeast of Cairo on the border of Badr City in the region between Suez.
In conclusion, R3 New Capital’s location and accessibility make it attractive for those seeking a modern and convenient living space. Its proximity to critical areas and well-developed transportation infrastructure provide residents easy access to the city’s main attractions.
Residential Offerings
Apartments
R3 New Capital offers a wide range of apartments, from cozy one-bedroom units to spacious three-bedroom apartments. These apartments are designed to provide residents with the ultimate luxury and comfort, featuring modern amenities and high-end finishes. The Third Residential Neighborhood, R3, is 1,000 acres and consists of 8 neighborhoods with 697 residential buildings, 19,944 apartments, 328 villas, 157 townhouses, and 64 residential buildings mixed between townhouses and luxurious apartments.
The apartments in R3 New Capital are perfect for those who want to enjoy the best of both worlds—the tranquility and serenity of suburban living and the convenience and accessibility of urban living. They offer a distinctive blend of privacy and community, making them ideal for families, couples, and singles alike.
Villas
For those seeking a more spacious and lavish living experience, R3 New Capital offers a variety of villas to choose from. These villas are designed to provide residents with the ultimate comfort and luxury, featuring large living spaces, high-end finishes, and modern amenities. The villas in R3 New Capital are perfect for those who want to enjoy a luxurious lifestyle in a peaceful and serene environment.
Townhouses
R3 New Capital also offers a variety of townhouses, perfect for those who want to enjoy a spacious living experience without the upkeep and maintenance that comes with owning a villa. These townhouses are designed to provide residents with the perfect balance of privacy and community, featuring modern amenities and high-end finishes.
In summary, R3 New Capital offers diverse residential offerings, including apartments, villas, and townhouses, to suit the needs of different individuals and families. Each unit is designed to provide residents with the ultimate comfort and luxury, and the area of the Third Residential Neighborhood, R3, is a perfect blend of privacy and community.
Commercial and Investment Potential
Commercial Properties
R3 New Capital is a promising investment hub for commercial properties. The district has a diverse portfolio of commercial properties for sale, including malls, office buildings, and retail spaces. The Marvel Mall in R3 is one of the most pivotal locations in the capital, nestled in the heart of the largest commercial zone in the New Capital. The mall is strategically situated, bridging the R2 and R3 districts, boasting a population density reaching 250,000 residents. The Pier Mall is another commercial property in R3 that offers properties for sale. The starting price of properties in The Pier Mall is 1,535,000 EGP, with a payment plan of 7 years.
Investing in commercial properties in R3 New Capital has a lucrative investment potential. The district is expected to attract a large number of residents and tourists, which will increase the demand for commercial properties. Investors can benefit from the rental income potential of commercial properties in R3 New Capital, as the district is expected to become an investment oasis in the coming years.
Investment Prospects
R3 New Capital presents a myriad of lucrative investment prospects for investors. Additionally, the district boasts a diverse portfolio of properties for sale, encompassing both residential and commercial options. Notably, the Al Maqsad Residential Compound in R3 stands out as one of the most promising investment opportunities within the area. Developed by City Edge Developments, the compound features 61 fully finished residential apartment buildings, with properties starting at a competitive price of 1,300,000 EGP.
Moreover, investing in R3 New Capital not only offers a unique opportunity to tap into Egypt’s thriving real estate market but also positions investors to capitalize on its projected transformation into an investment hub in the years ahead. This transformation is anticipated to attract a significant influx of both local and international investors. Furthermore, investors stand to gain from the potential rental income generated by the district’s burgeoning popularity among residents and tourists alike.
In summary, R3 New Capital presents a wide array of commercial and investment opportunities for discerning investors. With its diverse property portfolio encompassing both commercial and residential offerings, investing in R3 New Capital affords investors a distinct chance to participate in Egypt’s burgeoning real estate sector while also capitalizing on the rental income potential of properties within the district.
Amenities and Services
R3 New Capital is a modern district that offers its residents numerous amenities and services. The district is designed to provide its inhabitants with a comfortable and convenient lifestyle. This section will examine some of the amenities and services available in R3 New Capital.
Educational Facilities
R3 New Capital is home to a state-of-the-art school complex that offers world-class education to students. The school complex has modern facilities and provides a safe and nurturing atmosphere for students to learn and grow. It is designed to cater to the needs of students from different age groups and offers a range of programs and courses.
Medical Services
R3 New Capital has a general hospital providing residents with quality healthcare services. The hospital is equipped with modern facilities and staffed by highly qualified medical professionals. In addition to the general hospital, several clinics and pharmacies are located in the district that provide residents with access to primary healthcare services.
Recreational and Sports
R3 New Capital has a sports city that offers residents a range of recreational and sports activities. The sports city has modern facilities and provides residents access to sports such as football fields, basketball courts, and tennis courts. In addition to the sports city, several parks and gardens in the district provide residents with a relaxing and peaceful environment to unwind and enjoy nature.
In conclusion, R3 New Capital is a modern district that offers its residents a wide range of amenities and services. From educational facilities to medical services and recreational and sports activities, the district is designed to provide its inhabitants with a comfortable and convenient lifestyle.
Urban Planning and Infrastructure
The R3 New Capital project is designed to be a modern and advanced city with state-of-the-art infrastructure. It also aims to be a green and sustainable city. The project considers the importance of green spaces, efficient transportation networks, and smart technologies to create a livable and eco-friendly city.
Green Spaces
The R3 New Capital project is designed to have abundant green spaces, including a central park larger than New York City’s Central Park. The project aims to promote green living and sustainability by creating a city harmonious with nature. The Green River, a 10-kilometer-long waterway that runs through the city, will also provide a natural habitat for plants and animals.
Smart City Technologies
The R3 New Capital project is designed to be a green city and a smart city. Additionally, the city will be equipped with the most recent smart technologies to improve the quality of life for its residents. Moreover, the project aims to create a connected and efficient city with smart transportation systems, smart buildings, and smart energy grids.
Furthermore, the city will also look to the future, with plans to incorporate emerging technologies such as autonomous vehicles and 5G networks. Notably, the project aims to create a city that is not only sustainable but also technologically advanced.
In conclusion, the R3 New Capital project aims to create a city in harmony with nature while being technologically advanced and efficient. Moreover, the project considers the importance of green spaces, efficient transportation networks, and smart technologies to create a livable and eco-friendly city.
Real Estate and Developer Information
Property Variety
R3 New Capital offers a diverse range of properties for sale, including apartments and villas. The properties are available in different sizes and configurations, catering to the needs of various buyers. The prices of the properties change based on the location, size, and amenities offered. Interested buyers can choose between ready-to-move-in or off-plan properties still under construction.
Developer Profiles
Various real estate developers, including City Edge Developments and Al Maqsad, are developing R3 New Capital. City Edge Developments is a well-known developer with a portfolio of successful projects across Egypt. Furthermore, Al Maqsad is a residential compound developed by City Edge Developments in R3 New Capital. Specifically, the compound offers a range of apartments and villas with modern amenities and facilities.
Additionally, the developers in R3 New Capital are committed to providing residents with a modern living experience. They offer high-quality properties with state-of-the-art facilities and amenities, including swimming pools, gyms, and landscaped gardens. Indeed, the properties are built to provide residents with a comfortable and lavish lifestyle.
Moreover, the residential compound Al Maqsad in R3 New Capital is popular among buyers. It offers several properties for sale, including apartments and villas. The compound features modern architecture and design, spacious interiors, and high-quality finishes. In addition, the compound also offers several facilities and amenities, including a clubhouse, a pool, and a gym.
Overall, R3 New Capital offers a diverse range of properties for sale, catering to the needs of various buyers. In summary, the developers are committed to providing residents with a modern living experience, high-quality properties, and state-of-the-art facilities and amenities.
Cultural and Community Life
Cultural Venues
R3 New Capital offers a range of cultural venues for residents and visitors to enjoy. One of the most notable is the Opera House, which hosts numerous performances throughout the year. The Opera House is a stunning architectural masterpiece and is considered one of the most important cultural institutions in the country.
Another cultural venue in the area is the Grand Mosque, a beautiful and impressive structure that can accommodate up to 17,000 worshippers. The mosque is a symbol of Islamic architecture and culture and is a must-visit for anyone interested in the region’s history and culture.
Community Engagement
R3 New Capital is committed to community engagement and offers multiple programs and initiatives to help residents get involved in the community. One such initiative is the Sports Complexes, which provide a range of sports and fitness activities for residents of all ages.
Another initiative is the Educational Hubs, which give residents of all ages access to excellent education. These hubs offer a range of educational programs and resources, including schools, libraries, and research centers.
R3 New Capital is also home to a range of healthcare excellence facilities, including hospitals, clinics, and medical centers. These hospitals employ highly skilled and knowledgeable healthcare personnel and provide top-notch medical services.
Overall, R3 New Capital offers a range of cultural and community amenities that make it an attractive destination for residents and visitors alike. Whether you’re interested in cultural venues, educational opportunities, healthcare excellence, or business opportunities, R3 New Capital has something to offer.
Financial Aspects
Payment Plans
R3 New Capital offers flexible payment plans to cater to its customers’ diverse needs. The plans enable customers to pay for their properties in installments over a period of time, making it easier for customers to own a property without having to pay the full amount upfront.
The payment plans typically require a down payment of 10-20% of the property’s value, with the remaining amount paid in installments over 5-7 years. They are available for both ready-to-move and under-construction properties.
Real Estate Appreciation
R3 New Capital is a government-backed project that offers investment potential with rapid appreciation. Furthermore, the project is strategically located in the heart of New Cairo, a rapidly developing area expected to witness significant growth in the coming years.
Moreover, the project is expected to offer excellent returns on investment due to the area’s rapid appreciation of real estate. Additionally, the government’s backing of the project also gives investors a sense of security and stability.
As a result, investors can anticipate a significant increase in the value of their properties over the next few years, making R3 New Capital an attractive investment opportunity.
In conclusion, R3 New Capital offers flexible payment plans and rapid appreciation potential. Furthermore, the project is government-backed and strategically located in New Cairo, making it an exceptional investment opportunity for real estate investors.
Frequently Asked Questions
What are the current pricing trends for properties in the R3 district?
How can one inquire about available units for sale in the R3 district?
There are several ways to inquire about available units for sale in the R3 district, such as contacting the developers of the R3 project or visiting the official website of the New Capital. Additionally, real estate agents and brokers specializing in the New Capital area can provide information about available units for sale in the R3 district.
What are the defining features of the R3 compound in the New Capital?
The R3 compound in the New Capital is a residential area that offers a unique living experience for its residents. Its defining features include its strategic location, which is close to several landmarks and attractions in the New Capital. Additionally, the R3 compound offers a variety of residential units, ranging from apartments to villas, designed to cater to different lifestyles and preferences.
What residential amenities are offered in the Capital Residences within the R3 area?
The Capital Residences within the R3 area offer a range of amenities to its residents, including:
- Swimming pools
- Gymnasiums
- Clubhouses
- Children’s play areas
- Landscaped gardens
- 24/7 security services
How does the R3 district contribute to the overall plan of Egypt’s new administrative capital?
The R3 district is an integral part of Egypt’s new administrative capital, a mega-project that aims to create a new capital city for Egypt. The R3 district contributes to the overall plan of the new administrative capital by providing a modern and sustainable living environment designed to meet the needs of its residents. Additionally, the R3 district is expected to attract local and international investors, which will help boost the economic growth of the new administrative capital.
What are the transportation options available for residents of the R3 New Capital?
The R3 New Capital is well-connected to other areas in the New Capital and Cairo through several transportation options, such as:
- The New Capital’s monorail system
- The Cairo Metro’s Line 3 extension
- The New Capital’s bus network
- Private cars and taxis
Residents of the R3 New Capital can easily access these transportation options, which provide convenient and efficient ways to travel to other areas in the New Capital and Cairo.
