Apartment 295m for sale in De Joya New Capital

Apartment 6 Bedrooms for Sale in De Joya - New Capital

6    7
Reference: GB42637
EGP 3,705,000
Category:
Apartments / Sale
Type:
Duplex+Garden
Price:
EGP 3,705,000 Installment
Price / Sqm:
EGP 12,559 Per Sqm
Finishing Status:
Semi Finished
Area:
295 M2
Floor No.:
4
No of Floors:
Bedrooms:
6
Bathrooms:
7
View:
Landscape
Delivery Date:
2025
Allowable height:
Last Updated:
Sun 19 Mar 2023

DeJoya New Capital is an upcoming city in Egypt that is set to become the country's newest capital. Located east of Cairo, the planned mega-city will eventually house some 7 million people and include a variety of high-end infrastructure projects.

The plans for the city come from developer, DeJoya, who are hoping to create a new urban heart for Egypt. The project has been valued at $45 billion, with the idea being to create a modern, business-friendly city that could eventually rival the likes of Dubai or Singapore.

The plan for the city is immense; several million acres of land are set to be developed into high-rises, business districts and residential areas. A major convention center, cultural district and international airport form part of the vision too. There are also hopes that the city will be supported by a range of smart technology, such as sensors, 5G mobile networks and data centers.

The project is still in its early stages, with construction set to begin in 2020. Despite this, there already seems to be an air of optimism amongst investors and government officials. The potential for the New Capital is seen to be huge, and it could potentially be a major driver of growth for the entire region.

The news of the project has been met with a mixture of excitement and fear. Some are concerned that the development could worsen the current overpopulation problem in Egypt, while others are optimistic that the new city will bring much needed jobs and economic opportunities.

It remains to be seen whether the plans for DeJoya New Capital will be realized, but the sheer scale of the project is certainly impressive. If successful, the New Capital could become a shining example of what the power of modern technology and urban planning can achieve.