| Developer | Better Home Developments |
|---|---|
| Location | New Capital |
| Prices start from | 4609662 EGP |
| Unit areas | 90 m² to 190 m² |
| project area | 122 Feddan |
| Down payment | 6%–10% |
| Installments | 5–10 Years |
| Unit types | Apartments , Studio , Town House , Twin House , Villas , |
Midtown Sky New Capital is one of the fully integrated residential compounds in New Capital City, developed by Better Home Real Estate Development. The project extends over 122 acres and is designed to provide residents with a tranquil living environment surrounded by greenery, landscaping, and water features. About 82% of the total land area is dedicated to greenery and lakes, while only 18% is allocated to the built-up area.
The compound enjoys a strategic location on the main Ring Road of New Capital City, directly across from Expo City and close to Al-Sokhna Highway. It is also accessible through North Taseen Street and the Ring Road, making it convenient to reach several important destinations in and around the New Capital.
Midtown Sky New Capital offers a variety of properties, including standalone villas, apartments, townhouses, and twin houses. The project also features Midtown Sky Mall, outdoor pools, lakes, a commercial strip, a business hub, security services, and maintenance facilities, providing residents with an integrated residential experience.
Midtown Sky New Capital Location
Midtown Sky New Capital is located in the heart of the New Administrative Capital, specifically on the highest hill in plot G3 within the seventh residential district, R7.
The project has a direct location on the Ring Road of New Capital City, directly across from Expo City. It is also near Al-Sokhna Highway, adding to the accessibility of the compound.
Thanks to its strategic location, Midtown Sky New Capital can be easily accessed through North Taseen Street and the Ring Road. The source also states that the compound is approximately 60 minutes away from Ain Sokhna and 80 minutes away from El Sheikh Zayed.
The location of Midtown Sky gives residents access to the surrounding districts and important destinations within New Capital City while providing a residential environment surrounded by extensive greenery and water features.
Nearby Areas and Landmarks to Midtown Sky New Capital
Midtown Sky New Capital enjoys a strategic position on the Ring Road, directly across from Expo City. Its location also places it near Al-Sokhna Highway and several important roads in New Capital City.
The compound is easily accessible via North Taseen Street and the Ring Road, allowing residents and visitors to reach the project through major routes.
The source also mentions that Midtown Sky New Capital is approximately:
- 60 minutes away from Ain Sokhna.
- 80 minutes away from El Sheikh Zayed.
- 30 minutes away from the center of New Cairo.
Its location in plot G3 of the R7 residential district places Midtown Sky within one of the residential areas of New Capital City.
Midtown Sky New Capital Unit Types
Midtown Sky New Capital offers a collection of properties designed to provide different residential options. According to the supplied source, the project includes standalone villas, apartments, townhouses, and twin houses.
The source also indicates that these properties come in different sizes, styles, designs, and price rates, allowing residents to choose between different property options according to their requirements.
Apartments
Apartments are among the properties available in Midtown Sky New Capital. The supplied listings include apartments with different areas and configurations, including units of 90, 140, 145, and 190 square meters.
The listed apartments include one-, two-, and three-bedroom options, with some units ready to move and others near delivery.
Studios
The supplied listings include studios in Midtown Sky New Capital. One of the listed studios has an area of 90 square meters, with one bedroom and one bathroom.
The source includes both ready-to-move and near-delivery studio listings.
Duplexes
The supplied source does not provide specific duplex areas or prices for Midtown Sky New Capital. Therefore, no additional details about duplex units are stated here.
Retail Units
The supplied source does not provide specific retail unit areas or prices. However, it mentions Midtown Sky Mall as a major commercial destination within the project, featuring retail businesses, eateries, and coffee shops.
Midtown Sky New Capital Unit Spaces
The available properties in Midtown Sky New Capital come in different spaces and layouts.
According to the supplied listings, the available residential properties include:
- 90 sqm studio.
- 90 sqm apartment.
- 140 sqm apartments.
- 145 sqm apartments.
- 190 sqm apartments.
The listed apartments have different bedroom configurations. For example, the 90 sqm apartments include one-bedroom units, while the 140 and 145 sqm apartments include two-bedroom options. The 145 sqm and 190 sqm apartments also include three-bedroom units.
The source states that the project’s properties generally come in different sizes, styles, designs, and layouts, giving residents a range of options.
Midtown Sky New Capital Prices
The developer starting price for Midtown Sky New Capital is EGP 4,609,662, while the resale starting price is EGP 1,978,250.
The supplied listings show several resale properties with different prices depending on the unit area, type, and payment arrangement.
The listed prices include:
- 90 sqm studio: EGP 1,978,250.
- 90 sqm apartment: EGP 2,020,600.
- 90 sqm studio: EGP 2,437,651.
- 145 sqm apartment: EGP 3,100,000.
- 140 sqm apartment: EGP 3,200,000.
- 145 sqm apartment: EGP 3,451,593.
- 145 sqm apartment: EGP 3,980,000.
- 140 sqm apartment: EGP 4,000,000.
- 190 sqm apartment: EGP 4,194,423.
- 140 sqm apartment: EGP 4,200,000.
- 190 sqm apartment: EGP 4,375,000.
- 190 sqm apartment: EGP 4,600,000.
The source shows that some properties are available for cash payment, while others are offered through installment plans.
Midtown Sky New Capital Payment Plans
Midtown Sky New Capital offers several payment plans and discounts according to the supplied source.
The available offers include:
- 5% discount with a 10% down payment and installments over 10 years.
- 25% discount with a 6% down payment and installments over 6 years.
- 35% discount with a 10% down payment and installments over 5 years.
The resale listings also include different payment arrangements. For example, one 90 sqm apartment is available with monthly payments of EGP 8,201 over 6 years, while another 90 sqm studio is offered with semi-annual payments of EGP 167,592 over 2.8 years.
Other listings include quarterly payments over different periods, while several units are offered with cash payment.
Midtown Sky New Capital Design
Midtown Sky New Capital extends over 122 acres, with the master plan designed to provide a balance between residential buildings, greenery, landscaping, and water features.
Around 82% of the total land area is dedicated to greenery, landscaping, and water features, while approximately 18% is allocated to the built-up area.
The residential spaces occupy a limited portion of the total project area while maintaining privacy for residents. The extensive greenery and landscaping spread throughout the compound create a natural setting around the residential properties.
Water bodies are also distributed across the project, including lakes and outdoor swimming pools.
The master plan additionally includes a commercial strip, business hub, infrastructure, and other facilities that contribute to the integrated character of Midtown Sky New Capital.
One of the project’s main commercial destinations is Midtown Sky Mall. The outdoor area of the mall covers up to 10,920 square meters, while the indoor area is stated as 432.90 square meters in the supplied source. The mall includes retail businesses, eateries, and coffee shops.
Midtown Sky New Capital Facilities and Services
Midtown Sky New Capital provides a range of facilities and services distributed throughout the project. The supplied source highlights infrastructure, outdoor pools, lakes, greenery, a commercial strip, and a business hub.
Green Spaces and Landscapes
Greenery is one of the main elements of Midtown Sky New Capital. Approximately 82% of the project’s 122 acres is dedicated to greenery, landscaping, and water features.
The landscaped areas extend throughout the compound and surround the residential properties. The source describes the greenery as providing a cooling effect across the project.
The combination of landscaped areas, lakes, and outdoor pools contributes to the natural environment of Midtown Sky New Capital.
Commercial Hub
Midtown Sky New Capital includes a commercial strip and Midtown Sky Mall.
The mall offers a variety of retail businesses, eateries, and coffee shops. The outdoor area of the mall covers up to 10,920 square meters, while the source states that the indoor area covers 432.90 square meters.
The commercial facilities provide residents with access to different retail and dining options within the project.
Sports Club
The supplied source does not mention a dedicated sports club by name. However, outdoor pools are among the listed amenities of Midtown Sky New Capital.
Social and Recreational Facilities
Midtown Sky New Capital includes several recreational elements within its master plan, including lakes, outdoor swimming pools, landscaped areas, and the commercial strip.
The commercial destination also includes eateries and coffee shops, providing spaces for dining and leisure.
The extensive green areas and water features form an important part of the project’s overall residential and recreational environment.
Security Services
Midtown Sky New Capital provides 24/7 security services to support the safety of residents and visitors.
The project also includes a CCTV surveillance system, providing continuous monitoring throughout the compound.
Maintenance Services
Maintenance and cleaning services are among the services provided at Midtown Sky New Capital.
These services are included as part of the project’s integrated facilities and are intended to maintain the residential environment and common areas.
Parking Spaces
The supplied source mentions infrastructure as one of the amenities of Midtown Sky New Capital but does not provide specific details about parking spaces or parking capacity.
Developer of Midtown Sky New Capital
Better Home Real Estate is the developer behind Midtown Sky New Capital.
The company’s history began in 1992, when Better Business was established as a corporation focused on importing and exporting IT components. In 1997, Better Business became a joint stock company, and in 2003, it expanded its operations and joined the Better Home Group.
After joining Better Home Group, Better Home Real Estate expanded into various real estate ventures and investments.
The company provides services and products related to residential, commercial, medical, and business developments. According to the supplied source, its achievements include 56 projects and 12 million square meters of developed land.
Developer Projects of Midtown Sky New Capital
Better Home Real Estate has developed several projects according to the supplied source.
Its mentioned projects include:
- Midtown New Cairo in South Investors.
- Highland Park in New Cairo.
- Midtown New Capital Villa in New Capital City.
- Midtown Solo in New Capital City.
These projects form part of Better Home Real Estate’s portfolio across residential and other real estate developments.
Advantages and Disadvantages of Midtown Sky New Capital
Advantages
Midtown Sky New Capital offers several features highlighted by the supplied source, including:
- A strategic location directly on the Ring Road of New Capital City.
- Direct location across from Expo City.
- Around 82% of the project dedicated to greenery, landscaping, and water features.
- Midtown Sky Mall with retail businesses, eateries, and coffee shops.
- A variety of property types, including standalone villas, apartments, townhouses, and twin houses.
- Outdoor pools and lakes.
- 24/7 security services.
- CCTV surveillance system.
- Maintenance and cleaning services.
- Different property sizes, styles, and designs.
Disadvantages
The supplied source does not provide specific disadvantages for Midtown Sky New Capital. Therefore, no additional disadvantages are added beyond the information provided in the source.
Is Midtown Sky New Capital a Good Investment Opportunity?
Midtown Sky New Capital offers several characteristics that are highlighted in the supplied source, including its location on the Ring Road, its proximity to Expo City, its large landscaped areas, and the presence of Midtown Sky Mall.
The project extends over 122 acres, with 82% dedicated to greenery, landscaping, and water features. It also offers different property types and includes commercial, recreational, and residential components.
The payment plans provided by Better Home include different down payments, installment periods, and discounts, while the supplied resale listings show several price and payment options.
The suitability of Midtown Sky New Capital for a particular buyer depends on factors such as the preferred property type, available budget, desired payment plan, and requirements regarding location and facilities.
