Arabisk , Cairo New Fustat

Cairo,
8,331,000 LE Unit Price
  • 2 Beds
  • 3 Bath
  • Apartment Property Type
  • 160 Year Built
Property Description

Apartment for sale in Arabisk New Fustat Compound

Location of Arabesque New Fustat Compound

This site overlooks Salah Salem Street in the Fatimid Cairo area and is located in front of the wall of the Al-Ayoun Canal, one of the sites of great historical and cultural significance in Cairo. This site is considered part of Egypt’s cultural heritage and is distinguished by its unique and historical location.

Its unique and historical location makes it an important destination for visitors wishing to explore the cultural heritage of Fatimid Cairo and enjoy the beauty of historical architecture in this unique location.

Contact us for more details and information

 Contact the sales department directly at 01210001171
or via the hotline 19839

Details of Arabesque New Fustat Compound

Arabesque New Fustat Compound is one of the most important residential projects in one of the most vital areas of the Arab Republic of Egypt. It is known by several names, including New Fustat Compound, Sur Magra El Oyoun Project, and finally Arabesque New Fustat Compound, a subsidiary of the Egyptian Saudi Company for Real Estate Investment and Development. The owner company has provided a wide range of services, activities, and public facilities characterized by their high quality and technology to meet the daily needs of residents of all age groups. In addition, a large segment of residential units is available in various sizes and at the best competitive prices, making it easy for everyone to seize this opportunity and choose the type of unit that best suits their financial capabilities, with convenient installments of up to 7 years. So, hurry up and book your classic-style apartment in Arabesque New Fustat Compound.

Saudi Egyptian Developers (SED) is one of the most prominent real estate companies, distinguished by its reputation, leading name, and extensive experience in the Egyptian real estate market. The company has gained a large client base with high levels of trust, offering numerous large-scale residential and investment projects in various strategic locations. Founded in 1975, the company has since held a prominent and prestigious position in the Egyptian market. It is the result of a joint venture between the Egyptian government and the Kingdom of Saudi Arabia, with a capital of approximately EGP 1.9 billion. The company has also successfully delivered approximately 24,000 residential apartments and 114,000 independent units, and has implemented seven projects in the Arab Republic of Egypt, four of which were completed last year.

The first phase of the Arabesque New Fustat Compound

The Saudi company’s initial project covers an area of ​​71 acres, and is a mixed-use project combining residential, tourist, hotel, and entertainment areas. The residential area includes 71 acres allocated for housing and residential units.

The tourist and hotel area extends over 16 acres and includes a theater, fountains, cinemas, a Hilton hotel, commercial areas, and an underground parking garage for up to 1,400 cars. A tourist walkway adds to the project’s appeal.

This project is expected to be an important part of Egypt’s urban and tourism development, providing a distinctive residential environment and recreational and tourist areas that meet the needs of residents and visitors alike.

Arabesque New Fustat Compound Area

The Saudi Egyptian Developers (SED) Company for Investment and Real Estate Development built its latest residential project, Arabesque New Fustat Compound, on a relatively large land area to accommodate all basic services, public facilities, and various recreational activities that suit the diverse needs of residents. It also offers a range of residential units of varying sizes at unbeatable prices. The units are also nestled among green spaces, providing residents with a distinctive view from all directions.

The compound was built on approximately 71 acres of land out of the total area of ​​Fustat City, which is approximately 950 acres. Approximately 16 acres were allocated for integrated entertainment areas, including open and closed theaters, a cinema area, shopping malls, and multiple shops. The remaining portion of the total area was allocated for buildings containing numerous residential units. Therefore, the compound features approximately 79 residential buildings with 1,924 apartments. The compound is divided into four residential areas, including one consisting of a ground floor + 3 upper floors, a ground floor + 4 upper floors, and areas consisting of a ground floor + 6 upper floors, and a ground floor + 7 upper floors. Each building includes elevators, and each floor provides four residential apartments. Each area of ​​the compound also has service areas and shops, and also offers a garage equipped with the latest systems and technologies. Arabesque New Fustat Compound Designs

Saudi Egyptian Developers (SED) has launched the Arabesque New Fustat Compound, featuring the latest contemporary designs in a classic style to suit all tastes. The best engineering plans and construction foundations were developed, adhering to international specifications and standards, to ensure the project appears in the most innovative ways. This was achieved through the assistance of a large group of engineering consultants and experts, who leveraged their expertise to develop the latest designs to present the Fustat Compound in a sophisticated manner.

In addition, the residential units were designed with the best architectural decorations, complying with international rules and regulations and harmonizing with the exterior facades of the Arabesque New Fustat Compound. The stunning landscape features expansive green spaces, surrounded by sparkling artificial lakes, to blend these elements. The colors blend together, providing a distinctive view of all residential units in the Arabesque New Fustat Compound.

Services and Features of the Arabesque New Fustat Compound

The Saudi Egyptian Developers (SED) Real Estate Development and Investment Company has provided a wide range of essential services and various recreational activities with the latest facilities to meet all residents’ daily needs. This is in addition to the availability of all high-quality public facilities. Now, live in the Arabesque New Fustat Compound and enjoy all your personal needs.

The services and features available in the Arabesque New Fustat Compound include:

Trained security personnel and guards operate 24 hours a day with a rotating system.

High-tech surveillance cameras operate around the clock.

A large garage with a capacity of more than 1,400 cars is fully secured.

Cleaners work regularly to maintain the Arabesque New Fustat Compound.

Maintenance workers also work regularly to ensure the compound’s safety in the event of a malfunction in the facilities.
A children’s entertainment area with all the necessary games and high-level security.
The area includes several different restaurants and cafes.
A pharmacy that provides all medicines and medical supplies and is open 24 hours a day.
Electric generators operate immediately in the event of a power outage in the Arabesque Sur Magra El Oyoun Compound.
Firefighting systems are equipped with the latest technologies and operate in the event of a fire.
Spacious green spaces and water fountains are also present.
A tourist promenade in the Arabesque New Fustat Compound.
A recreational area that includes an indoor and outdoor theater.
A supermarket offering a variety of food products.
Electronic gates equipped with the latest technology at all entrances and exits to the compound.
Arabesque New Fustat Compound Specifications

The new residential project is a massive project comprising 79 residential buildings, containing a total of 1,924 apartments. The project is expected to be completed on June 31, 2024. The price per square meter is EGP 24,000.

Regarding payment options, there will be a down payment of only 10% of the apartment’s value, with the remaining amount payable in installments over 7 years. Apartment sizes range from 130 square meters to 170 square meters, offering buyers a variety of options depending on their needs and preferences.

The owner of the Arabesque New Fustat Compound

The Saudi Egyptian Construction Company, the Administrative Capital, appears to have a long history and rich experience in real estate projects. Founded in 1975, it has a significant capital of millions of dollars.

The company’s name indicates that it is a joint venture between the Egyptian and Saudi governments. The Egyptian Ministry of Housing provides the land needed for the projects, while the Saudi Ministry of Finance implements the infrastructure and finances the projects.

The company’s establishment was approved by the People’s Assembly, and a presidential decree was issued to establish it pursuant to Decree No. 656 of 1975. The company began operations with a total capital of $50 million, distributed equally between the Egyptian and Saudi governments.

This company is an example of investment cooperation between two countries, where funds and resources are directed to developing real estate projects and improving infrastructure in targeted areas.

Contact us for more details and information

 Contact the sales department directly at 01210001171
or via the hotline 19839

 

Basic Details
  • Property Type: Apartment
  • Listing Type: For Sale By Developers
  • Listing ID: 8664
  • Price Type: Unit Price
  • BUA: 160
  • Price: 8,331,000 LE Unit Price
  • View: Garden
  • Bedrooms: 2
  • Bathrooms: 3
  • Half Bathrooms: 0
  • Year Built: 160
Features
  • Swimming Pool
  • Jacuzzi
  • Garden
  • View
  • School
  • Resturant
  • Cafe
Address Map
  • Country Egypt
  • City Cairo
  • Location, Compound Arabisk 
  • Floor Number: 0

Similar Properties

MLS On The Fly