The Ri8 New Capital Egypt is a cutting-edge mixed-use development that is set to be the new business and residential hub of Egypt. The compound is located in the new administrative capital being built by the Egyptian government, which is located just 45 km east of Cairo.
Ri8 New Capital Egypt is being developed by City Edge Developments in partnership with the New Urban Communities Authority (NUCA). The project spans over 1,200 acres and is set to offer a variety of residential, commercial, and entertainment options to cater to the needs of its residents.
The compound will have 80% open space, including green areas, parks, and lakes, making it an oasis in the heart of the city. This will allow residents to enjoy a tranquil, yet vibrant, living environment.
Ri8 New Capital Egypt will feature a range of residential units, including apartments, duplexes, and villas. The units will be designed with modern architecture and will provide a high standard of living. The compound will also have a variety of commercial properties, including offices, shops, and restaurants.
The development will feature integrated smart systems, including smart homes and smart buildings, making it one of the most technologically advanced developments in the region. This will allow residents to manage their homes and businesses remotely through their smartphones or tablets.
Ri8 New Capital Egypt will also offer a range of recreational facilities, including a sports club, a golf course, and a health club. In addition, the compound will have a central park and a social club, providing a range of activities for families and individuals.
The compound is set to be completed in three phases, with the first phase set to be completed by 2022. The project is expected to be a major contributor to the economic growth of Egypt, creating jobs and attracting foreign investment.
Overall, Ri8 New Capital Egypt is set to be a vibrant, modern, and well-connected development that will provide a high standard of living for its residents. Its strategic location and advanced infrastructure will make it an attractive place to live and do business, and a major contributor to the growth and development of Egypt.