Mirage City New Cairo is a new residential development located in the heart of Cairo, Egypt. The project is being developed by the Mirage City Company, a joint venture between the Egyptian government and a private developer. The development is set to become one of the largest residential projects in the Middle East.

Mirage City New Cairo is located in the 6th of October City, a major metropolitan area located on the outskirts of Cairo. The development will feature a variety of residential units, ranging from apartments, villas and townhouses. The project will also include a shopping mall, entertainment facilities, a golf course, and a variety of other amenities.

The project is expected to be completed by 2021, with construction having already begun in late 2017. The project is estimated to cost around $2 billion, with the majority of the funding coming from the Egyptian government. The development is expected to create thousands of jobs for local residents and provide a much-needed boost to the local economy.

The project has been met with some criticism due to the high cost of the development and the potential environmental impact it could have. Critics have also raised concerns about the potential for the development to become a gated community, with exclusive access to the amenities. The developers have responded to these criticisms by stating that the development will be open to all, regardless of income level.

Mirage City New Cairo is set to become one of the most ambitious projects in the Middle East, and is sure to have a significant impact on the local economy. With construction underway, the project is expected to be completed within the next few years and will provide a much-needed boost to the region.