District 5 by Marakez Developments

Location:

District 5 is situated in New Katameya, New Cairo, Egypt. It offers strategic proximity to key locations: approximately 7 minutes from Road 90, 8 minutes from the American University in Cairo (AUC), 13 minutes from Maadi, 19 minutes from Cairo International Airport, and about 45 minutes from the Red Sea via the Ain Sokhna Road.

Development Overview:

Spanning 200 acres, District 5 is part of a 13,000-acre southern extension of New Cairo. The development is designed around five core elements: Live, Play, Grow, Shop, and Work. Residential offerings include apartments starting from 74 m², lofts from 184 m², penthouses from 170 m², roof villas from 322 m², and townhouses from 258 m². Prices begin at approximately 9,593,000 EGP, with variations based on unit type and size.

Payment Plans:

Marakez offers flexible payment options to accommodate various financial preferences:

Plan 1: 10% down payment, with the remaining balance payable in equal installments over 7 years.

Plan 2: 5% down payment, with the remaining balance payable in equal installments over 8 years.

Plan 3: 30% down payment, with the remaining balance payable in equal installments over 3 years.

Units are scheduled for delivery in 2025, with some sources indicating semi-finished units to allow for personalized interior customization.

Amenities and Facilities:

District 5 is designed to offer a comprehensive lifestyle experience, featuring:

Clubhouse

Private parking

Kid's play areas

Security services

Commercial area

Sports club

Maintenance and cleaning services

Cafes and restaurants

Medical center

Water features

Developer:

Marakez Developments, part of the Fawaz Al Hokair Group, is a prominent real estate developer known for projects like Mall of Arabia and AEON Towers. The company has a strong track record in delivering high-quality residential and commercial developments.