Rhodes New Capital is a massive residential project in the New Administrative Capital of Egypt. The project is built on a vast area of 100 acres and is by Plaza Gardens, a renowned real estate development company. The project offers many residential units, including apartments, duplexes, twin houses, and villas.
Location is a crucial factor in real estate development, and Rhodes New Capital is in the heart of the seventh residential district, R7, specifically in the neighborhood O3. The location is vital, as it overlooks the embassies’ neighborhoods and two main axes, one 95 meters wide that separates the compound and the embassies’ neighborhood. The other axis connects the compound to the rest of the New Administrative Capital. The Rhodes Compound is also close to several essential facilities, including schools, hospitals, and shopping centers.
The project is expected to be completed by April 2025, and the properties’ finishing is fully finished. The total area of the Rhodes Plaza Gardens project covers 22.5% of the total area, while the remaining space is allocated to landscapes, giving an enchanting view to all units. The Rhodes Compound offers a wide range of premium services, making it one of the New Administrative Capital’s largest and most ambitious projects.
Rhodes New Capital Overview
Location and Geographical Significance
Rhodes New Capital is a luxurious and prestigious compound located in the New Administrative Capital of Egypt, a new smart city built to relieve the congestion of Cairo. The New Administrative Capital is strategically located between Cairo and the Suez Canal, making it an ideal location for businesses and investors. Rhodes Compound is in the R7 neighborhood, area O3, which is only 3 minutes away from the Diplomatic district, the Ministries district, the Al Masa Hotel, the New Opera House, and the Expo City. The compound overlooks the embassies’ neighborhood and has two main axes, one 95 meters wide and separating the compound and the embassies’ neighborhood.
Project Vision and Developer
Rhodes New Capital is a massive residential project developed by Masharef Real Estate. The compound is spread over 100 acres, with a construction rate of only 22.5%, leaving the rest of the area for landscape and greenery. The compound offers many residential units, service areas, and vast green spaces, making it ideal for families and individuals.
The Rhodes Compound New Capital is a testament to Egypt’s booming real estate market. The compound offers a variety of apartments for sale in R7 Administrative Capital at different price points, starting from 1.215 million Egyptian pounds to 1.95 million Egyptian pounds. The compound also offers apartments with gardens, starting from 1.215 million Egyptian pounds to 1.73 million Egyptian pounds. The real estate market in Egypt is on the rise, with many investors and developers flocking to the New Administrative Capital to invest in this new smart city.
Residential Units
Types of Units
Rhodes Compound in the New Administrative Capital offers residential units for individuals and families. The residential units available in Rhodes Compound include apartments, villas, duplexes, and twin houses. The apartments range in size from 117 to 458 square meters, while the villas, duplexes, and twin houses have larger spaces.
Unit Specifications
Rhodes New Capital offers modern designs and architectural styles that meet the highest quality standards. The residential units feature spacious living areas, large windows, and high ceilings that provide natural light and air circulation. They are also equipped with modern facilities and amenities, including security systems, elevators, and parking spaces.
Pricing and Payment Options
Rhodes Compound offers competitive prices for its residential units, starting from EGP 10,500 per square meter. The prices vary depending on the unit type, size, and location. The company’s payment systems are also flexible and convenient, with a 5% down payment and the rest in seven-year installments.
Amenities and Services
Recreational Facilities
Rhodes New Capital offers its residents a wide range of recreational facilities. The compound includes a swimming pool, gym, spa, and Jacuzzi for those who want to stay fit and healthy. Sports fields are also available for those who enjoy playing football, basketball, and tennis.
Commercial and Entertainment
Rhodes New Capital has a social club where residents can socialize and meet new people. The compound also has a mall with various shops, restaurants, and cafes. For those who enjoy watching movies, Rhodes New Capital has a cinema. Commercial centers are also available for those who need to run errands or go shopping.
Green Spaces and Landscaping
Rhodes New Capital has beautiful green spaces and landscaping, including gardens, the Green River, and artificial lakes. Fountains throughout the compound add to the aesthetic appeal.
The amenities and services provided by Rhodes New Capital, developed by Plaza Gardens, cater to the needs of its residents. From recreational facilities to commercial and entertainment options, Rhodes New Capital offers a balanced lifestyle. The compound’s green spaces and landscaping add to the aesthetic appeal, making it a beautiful place to live.
Community and Lifestyle
Rhodes New Capital offers a luxurious living experience with a strong focus on community and lifestyle. The compound caters to families, providing a safe and comfortable environment for residents to thrive in.
Security and Privacy
Security and privacy are of importance at Rhodes New Capital. The compound has security systems and manned by trained security personnel 24/7. The gated community ensures that residents have the privacy they need to enjoy their lives to the fullest.
Educational and Medical Facilities
Rhodes New Capital is close to several top-rated schools, universities, and medical centers. The community is home to an international school, providing residents with access to world-class education.
Cultural and Social Life
Rhodes New Capital has several cultural and social amenities, including an opera house, community center, mosque, and artificial lake. These amenities allow residents to engage with their community and enjoy a rich cultural and social life.
Infrastructure and Accessibility
Transport and Connectivity
Rhodes New Capital is in the Seventh District of New Capital, Cairo. It is just 10 minutes from the Ring Road, making it easily accessible from anywhere. The project boasts a 500-meter frontage on the Embassy District and a central axis with a width of 90 meters. The Russian University is also nearby.
The compound is well-connected to major roads and highways, making traveling to and from the North Coast easy. The project is also near the most prominent entertainment city in the New Capital, which mimics Disney Land and the Olympic City.
Parking and Transportation
Rhodes New Capital offers ample parking space for residents and visitors. The compound has several garages, making it convenient for car owners. The project encourages eco-friendly modes of transportation, such as cycling and running.
The New Capital’s integrated transport network also makes it easy for residents to travel to other parts of the city. The project is just a few minutes from the Opera House and the Diamond Hotel, making it easy for residents to access these landmarks.
Investment Opportunities
Market Potential
Rhodes New Capital is a project that offers promising real estate investment opportunities. The New Administrative Capital is a growing city expected to be a hub for business and government operations, making it an ideal location for investment. The demand for luxurious living spaces is also on the rise.
Advantages for Investors
Investing in Rhodes New Capital offers several advantages. The project offers a panoramic view of the city. Plaza Gardens, a reputable company with a successful record in the real estate market, is also developing the project.
Investors can choose from residential units, including apartments, villas, twin houses, and duplexes, with sizes ranging from 117 to 458 sqm. The properties are fully finished and ready for immediate occupancy or rental, an advantage for investors.
Rhodes New Capital also offers diverse investment opportunities across various sectors, making it an ideal choice for investors who want to diversify their portfolios.
Frequently Asked Questions
What are the price ranges for properties in the New Administrative Capital?
The price ranges for properties in the New Administrative Capital vary depending on their location, type, and size.
How can one purchase residential units in the New Administrative Capital?
Various channels can be used to purchase residential units in the New Administrative Capital. Interested buyers can contact the developers directly or work with a real estate agent to find a suitable property.
What types of apartments are available in the New Administrative Capital?
The New Administrative Capital offers various apartment types to suit different preferences and budgets. These include studio apartments, one, two, and three-bedroom apartments, duplexes, and penthouses. The apartments are available in various styles, such as modern, contemporary, and classic.
What are the latest developments in the New Administrative Capital’s real estate market?
The New Administrative Capital’s real estate market is constantly evolving, with new developments launched regularly. Some of the latest developments include the Rhodes New Capital project, a comprehensive residential project offering a range of amenities and facilities.
What are the reasons behind Egypt’s decision to move its capital?
Egypt’s decision to move its capital from Cairo to the New Administrative Capital was due to various factors. These include the need to alleviate congestion and overpopulation in Cairo and provide a modern and sustainable city equipped with the latest infrastructure and facilities.
What is the projected population size for the New Administrative Capital once it is entirely inhabited?
Once it is entirely inhabited, the projected population size for the New Administrative Capital is around 6.5 million people.