Al Fustat New City, A Modern Development at the Heart of Old Cairo
In a fruitful collaboration between the Saudi Egyptian Company for Urban Development and the Urban Communities Authority, the Al Fustat New City project has been established promising to redefine urban living in Old Cairo. Al Fustat New City, a 950-acre development, is set to become a shining jewel on the urban landscape of Cairo. Nestled right in front of the historic Cairo Citadel Aqueduct, Magra Al Eyoon, and with direct access to Salah Salem Street, Al Fustat New City is poised to breathe new life into the legendary Fatimid district of Cairo.
About SED Developments, the developer of Al Fustat New City
In 1975, a strong partnership was established between Egypt and Saudi Arabia, resulting in the rise of SED Developments, a respectable company with a flourishing history of achievements in the real estate development and investment market. With a portfolio of nearly 44 successful projects, SED has demonstrated a commitment to delivering excellence and luxury to its customers.
SED Developments aspires to redefine real estate development in Egypt, setting new standards and offering customers the lifestyle they desire at affordable prices. Moreover, the company has proudly handed over nearly 76,423 residential units across various Egyptian governorates, leaving an innovative imprint on the real estate landscape.
Currently, SED Developments is actively working in the establishment of six new projects, each designed to craft distinctive communities characterized by modern aesthetics and luxury. One of these strongly awaited projects is New Fustat City.
Projects by SED Developments
Here are some of SED Developments’ successful previous projects:
- Secon Residence Alexandria
- Secon Residence New Damietta
- Jayd New Cairo
- Bleu Vert New Capital
- Central New Cairo
- Nile Pearl Towers in Maadi
- Sawary in Alexandria
- Riad Maadi Towers 1, 2
- Champs Elysees Towers – Alexandria
- Zahra project – 5th settlement
- Studio Misr – Haram
- Rommel Village – Marsa Matrouh
- The Latin Quarter New Alamein
These projects reflect SED’s commitment to establishing luxurious housing experiences, and meeting and exceeding the expectations of their valued clientele. Hence, as we eagerly anticipate the unveiling of Al Fustat New City, we can trust that SED Developments will continue to raise the bar in the realm of the real estate market, offering contemporary communities.
New Fustat City Location
One of the key attractive points of Al Fostat New City is its prime location. Thus, it is located right in front of Salah Salem Street and the ancient walls of Magra El Eyoon. In addition, it is in proximity to Fustat Park, Fusts Mosque, Souq Al Fustat Cairo, Fustat Ceramics Center, and the National Museum of Egyptian Civilization in Fustat. So, this very spot of El Fostat occupies the historic imprint of Fatimid Cairo, known for its rich cultural heritage.
The first phase of Al Fostat project extends over 71 acres including residential buildings. In addition, there are 16 acres dedicated to tourism area and entertainment facilities including a theater, fountains, cinemas, a Hilton hotel, commercial areas, and an underground parking garage with a capacity of 1,400 vehicles, in addition to a scenic promenade for tourists.
Services and amenities in El Fostat New City by SED Real Estate Developments
The New Fustat Project offers a comprehensive range of services and facilities to meet the needs of the residents. Here are some of these services:
- Open green spaces and beautiful gardens, provide a clean and picturesque natural and clean environment for relaxation
- The project has 24/7 security and guarding to ensure the safety of residents at all times
- Public entertainment facilities so that residents can enjoy various recreational and cultural activities in the area
- A commercial area in the project including various shops, restaurants, cafes, and other services
- Tourist promenade
- Elegant architectural designs for all the residential buildings and towers at the highest quality and luxury standards
- Electric Elevators in each building in Al Fostat New City contribute to the convenience of residents
- Public garages with a high-capacity
Therefore, the availability of these services and many others make the New Fustat Project an integrated place for living and investment. So, there you will enjoy luxury and comfort in an attractive and vibrant environment.
Areas and prices of the properties for sale in New Fustat City
Al Fustat New City offers a wide range of apartments in different sizes to cater to various customers’ preferences. So, you can choose from 130, 152, 162, and 170 square-meter apartments for sale in arabesque compound SED . Accordingly, The variety of sizes in new fustat city apartments ensures fitting everyone seeking to make Al Fustat New City their permanent home.
The payment plan of New Fustat Cairo
Sed company always cares about providing flexible payment systems in all its projects to ease the process of owning the dream unit for its customers. And regarding El Fostat New City, it offers various payment facilities whether cash or installment payment. Here is one of the plans for fustat city apartments for sale offered by hat SED:
- 10% downpayment – installments over 7 years
Accordingly, there will be 4 buildings in the launch of the project’s first phase to be sold at the lowest unit price starting from 24,000 EGP/ sqm. Hurry up and don’t miss this chance
The advantage of living in Fostat New City by SED Company
The New City of Al Fustat boasts an impressive array of features, including:
- 79 residential buildings with a total of 1,924 housing units
- The delivery date is 2024 with a competitive price of 24,000 EGP per square meter
- Flexible payment plan for up to seven years
- Premium location surrounded by various service areas, vital roads, and Cairo landmarks
- A vibrant community that will saturate the desires of the residents
- The project is divided into four zones: Zone 3, Zone 4, Zone 6, and Zone 7
- Each building in El Fostat New City includes elevators and each floor has four residential apartment
- All zones include retail spaces and public parking areas
As we look forward to the completion of Al Fustat New City, we anticipate the Fustat City revival promising not only modern amenities but also a connection to the city’s historical roots. Hence, at the end of launching this project, it will undoubtedly captivate the hearts and minds of those looking for a unique residential experience in the heart of Cairo. Contact us for more updates on this exciting venture.
For more details or inquiries, please don’t hesitate to contact us
Al Fustat New City Number
