Meter’s price in New Narges Area
New Cairo City is characterized by its great diversity of spaces and different areas, such as the New Narges area, where the price per meter currently reaches 15,500 EGP/meter for apartments, while for villas it may reach up to 20,000 EGP per meter. The New Narges area is located directly next to the German University in Cairo and the Compound of Diplomats. The apartments are divided as follows: Each residential building contains a ground floor and three floors with only two apartments on each floor.
The New Narges area is located in New Cairo, specifically in the Fifth Settlement, which is considered an extension of the Al Narges area, buildings, and Al Narges villas. The area of New Narges contains 7 different neighborhoods (A-B-C-D-E-F-G), whereas each neighborhood has its own service area and green spaces.
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New Narges features
- Located on 230 acres of land.
- The area is characterized by its view of Al Narges buildings and Al Narges villas.
- Located next to Fatima Al Sharbatly Mosque, Diplomats Compound, Gamal Abdel Nasser Axis, and Muhammad Naguib Axis. This is considered a very vital area, due to its proximity to all services, and thus it may be a vital and strong indicator of the speed of its construction and housing.
- The area is distinguished by its distinctive urban planning and its division between service areas, residential areas, and green spaces.
- The region is in the middle of the largest and most prestigious areas, compounds, and universities, such as the Arabella Compound, the German University in Cairo, and the Diplomats Compound.
The governmental area perspective
The urban development in New Narges with its various residential and commercial projects has been supported by the government to speed up the completion of the infrastructure of the area in addition to the facilities and services, as the area acquires large services areas and green spaces in each of the seven neighborhoods, which attracts customers and encourages them to live.
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New Narges Projects
New Narges is distinguished by the diversity of existing projects, as there are residential, commercial, and educational projects, in which the area contains various schools, as a result, it encourages clients to own units in the area.
Jebal Real Estate Developments owns multiple projects in the New Narges area, such as the Blue Heights 4 mini compound, which most of its units were sold immediately after its launching phase by a few days. It also owns separate buildings such as B 159, B 49, D 239, and D 7, in addition to projects K 63 and K 48.
Jebal Developments’ projects contain amenities that satisfy clients’ daily needs, including:
A private garage for each building, surveillance cameras at the highest level, in addition to facilities within the mini compound such as green spaces, a nursery, and a Gym. In addition to that it was designed according to the latest European designs and finishes that meet our customer satisfaction. The Company also targets families with the preferences of all Safety factors with all entertainment services in one place in a way that guarantees comfort and reassurance to its customers.
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Types of residential units in New Narges
The new Narges has a built-up area of 50% of the land area, which ensures the availability of large green spaces. The area contains different types of residential units such as apartments, villas, and duplexes. The units’ spaces vary, starting from 90 meters for apartments and up to 400 meters for standalone villas. The built-up area of the typical floors is 55%, with a maximum of two apartments per floor.
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