Right New Capital Emaar Rizk Development is a modern residential complex located in the heart of the New Administrative Capital in Egypt. Emaar Rizk Development, a prominent player in the real estate development sector, designs it. The project is known for its excellent design and provides all the essential and recreational services near it.
The complex is one of the most prominent and modern residential complexes in the New Administrative Capital. It offers apartments and duplexes with a range of payment and installment systems. The prices per square meter in Right New Administrative Capital start from 10,800 EGP to 13,000 EGP. Emaar Rizk Investment and Real Estate Development Company has been keen to provide all apartments and duplexes with modern amenities and facilities to ensure the comfort and convenience of its residents.
The Emaar Rizk Group has announced an ambitious investment plan in the real estate market, specifically in the New Administrative Capital. The ERG includes four subsidiaries with various activities, provided that the new entity includes Emaar Rizk Real Estate Development (ERD), Emaar Rizk Development, Emaar Rizk Navigation, and Emaar for Wood. The group is known for its distinguished projects in various regions throughout Egypt and is always keen to provide its customers with the best quality and services.
Overview of Right New Capital Emaar Rizk Development
Right New Capital Emaar Rizk Development is an upscale residential enclave in the New Administrative Capital, Egypt. Developed by Emaar Rizk Investment and Real Estate Development Company, the project is designed to provide residents with a complete upscale living experience.
The project features ample space divided between landscaped plots and residential units, including apartments and duplexes. The units have many exclusive experiences, preloaded with unrivaled facilities and services in a premium location in the R8 district, the new capital. The compound also boasts an expanded landscape and generous features and facilities tailored to satisfy each lifestyle.
The prices of the apartments and duplexes in Right New Capital start at 1,468,800 EGP. The price per square meter ranges from 10,800 EGP to 13,000 EGP, making it an affordable option for those looking for luxurious living in the New Administrative Capital.
The Right New Capital Emaar Rizk Development’s location is strategic. It provides seamless access to critical roads and main thoroughfares, ensuring residents can reach any destination smoothly without traffic congestion. The compound is located just 3 minutes from the Green River.
Emaar Rizk Investment and Real Estate Development Company has been keen to provide all apartments and duplexes with flexible payment and installment systems, making it simple for potential buyers to invest in the project. The company has also established the RI8 New Capital Compound, Monorail Tower New Capital, Diamond Tower Mall New Capital, Diamond Tower 2 New Capital, City Life Compound (1-2), and many luxury villas in Damietta.
Historical Context of Emaar Rizk
Emaar Rizk Development (EMG) is a real estate development company founded in 2005 by Mohamed Rizk. The company has a distinguished history of facilitating the supply chain, shipping, importing, and exporting goods to and from Egypt. With a focus on urban development, EMG has implemented numerous significant projects in Egypt, including the Right New Capital development.
Mohamed Rizk, the founder of EMG, has taken a leading position in the real estate development industry. His company has gained a prestigious reputation for its expertise in various areas, including shipping, importing, and exporting goods. EMG has a long history of supplying and shipping goods to and from Egypt, which has contributed to the company building a solid base for its real estate development projects.
EMG has four subsidiaries: Emaar Rizk Real Estate Development (ERD), Emaar Rizk Development, Emaar Rizk Navigation, and Emaar for Wood. These subsidiaries have various activities that work together to achieve the company’s goals.
EMG has been keen to provide all apartments and duplexes for the Right New Capital development, one of the company’s most significant projects. The company has implemented a payment and installment system that makes it easy for buyers to purchase their dream homes. The price per square meter in Right New Administrative Capital starts from 10,800 EGP to 13,000 EGP.
Strategic Location of Right New Capital
Right New Capital is an upcoming residential compound developed by Emaar Rizk Development in the heart of the New Administrative Capital. The community benefits from a strategic location that offers convenient access to major roads and thoroughfares, ensuring residents can travel to any destination without congestion.
The compound is located just 3 minutes away from the Green River, one of the most prominent landmarks in the New Administrative Capital. The Green River is a beautiful park that stretches for 12 km and offers various recreational activities for families and individuals.
Right New Capital is near the Presidential Palace, Parliament, and Cabinet offices, making it ideal for government employees looking for a comfortable and convenient living space. The compound is also near several international schools, universities, and hospitals, making it ideal for families with children. It is surrounded by several shopping centers, restaurants, and cafes, providing residents with various entertainment and dining options.
Architectural Design and Innovations
Right New Capital Emaar Rizk Development is a residential complex designed by Emaar Rizk Development, a pioneer in real estate development. The complex boasts a modern, contemporary, visually stunning, and highly functional architectural design.
The complex features a variety of housing options, including apartments and duplexes, all of which have been designed with the utmost attention to detail. Each unit has been meticulously designed to optimize space and provide residents with a comfortable and luxurious living experience.
One of the complex’s key design innovations is its use of natural light. The architects have incorporated large windows and open spaces to allow maximum natural light to flood each unit. This creates a bright and airy living space and helps reduce energy costs by minimizing the need for artificial lighting.
Another notable design feature is the complex’s use of sustainable materials. The architects have made a conscious effort to use eco-friendly materials throughout the complex, from the building materials to the fixtures and fittings. This reduces the complex’s environmental impact and creates a healthier living environment for residents.
The complex also boasts a range of innovative amenities, including landscaped gardens, a swimming pool, and a gym. These amenities have been designed to provide residents with various leisure and recreational activities, all within the comfort of their complex.
Residential Offerings by Emaar Rizk
Emaar Rizk Development offers a range of residential units in the Right New Capital Compound, catering to different needs and preferences. The compound features apartments and duplexes designed with a modern and sleek aesthetic.
The Right New Capital Compound apartments range from 120 to 250 square meters. Each is designed to maximize space and provide a comfortable living experience. The units include:
- Spacious open floor plans.
- Expansive windows for abundant natural light.
- Balconies that offer significant views of the surrounding area.
Emaar Rizk Development offers duplexes ranging from 250 to 400 square meters for those seeking a larger living space. The duplexes are designed with a modern and functional layout and feature spacious living areas, bedrooms, and outdoor spaces.
The Right New Capital Compound also offers many amenities catering to its residents’ needs. The compound features landscaped gardens, a swimming pool, a gym, and a clubhouse. The facilities are designed to provide residents with a luxurious and comfortable lifestyle.
Emaar Rizk Development offers flexible payment plans that make owning a unit in the Right New Capital Compound accessible to a broader range of buyers. The company also provides exceptional customer service, guaranteeing buyers a smooth and hassle-free experience throughout the buying process.
Commercial Spaces and Amenities
Emaar Rizk Development’s Right New Capital project offers a wide range of commercial spaces and amenities to cater to residents’ needs. The project includes a 10,000-square-meter commercial area with various shops and services.
The commercial area includes a shopping mall that offers many local and international brands, a supermarket, restaurants, cafes, and other retail outlets. The mall is designed to provide residents with a convenient and enjoyable shopping experience.
Alongside the shopping mall, the project boasts a cinema complex that showcases the latest movie releases. The complex provides residents with a comfortable and entertaining experience.
The project includes a sports club for those who enjoy outdoor activities. The sports club offers various facilities, including a gym, swimming pool, tennis court, and football field. It is designed to provide residents with a healthy and active lifestyle.
Moreover, the project includes a landscaped park covering an area of 30,000 square meters. The park features walking and jogging tracks, picnic areas, and playgrounds. It is designed to provide residents with a relaxing and enjoyable outdoor space.
Sustainability and Environment
Emaar Rizk Development is committed to sustainability and environmental responsibility in its projects. The company acknowledges the significance of minimizing its ecological footprint and promoting a sustainable future.
One way that Emaar Rizk Development promotes sustainability is through green building practices. The company incorporates energy-efficient design features and materials into its buildings, which helps to reduce energy consumption and lower greenhouse gas emissions.
In addition to green building practices, Emaar Rizk Development also focuses on sustainable transportation. The company encourages public transit and provides bike racks and other amenities to support biking and walking.
Emaar Rizk Development also prioritizes water conservation in its projects. The company uses water-efficient fixtures and irrigation systems and implements rainwater harvesting techniques to reduce water consumption.
Investment Opportunities
Right New Capital Emaar Rizk Development presents an excellent opportunity for investment in Egypt’s real estate market. The project is strategically located in the New Administrative Capital, a fast-growing area with significant potential for growth and development.
Investing in the Right New Capital Emaar Rizk Development offers numerous benefits. Firstly, the project is being developed by Emaar Rizk, a well-established real estate company with a proven track record of delivering high-quality projects. This ensures that investors have confidence in the project’s success and the return on investment.
Secondly, the project’s location is ideal for investment. The New Administrative Capital is a prime location well-connected to major roads and highways, making it easily accessible from other parts of the country. Additionally, the area is expected to grow substantially in the upcoming years, thereby increasing property values and rental yields.
Thirdly, the project offers a range of investment options, including apartments and duplexes, which cater to different investment needs and budgets. The prices per square meter in Right New Administrative Capital start from 10,800 EGP to 13,000 EGP, with various payment and installment systems available.
Investors can also benefit from the project’s amenities and facilities, including green spaces, parks, and recreational areas, which add value to the properties and attract potential tenants. Furthermore, the project is being developed focusing on sustainability, an increasingly important factor for investors and tenants alike.
Community and Lifestyle
Right New Capital Emaar Rizk Development offers a luxurious lifestyle in a community designed to cater to its residents’ diverse needs. The compound is in the heart of the New Administrative Capital, just three minutes from the Green River. The location is ideal for those who want to live in a peaceful and serene environment away from the hustle and bustle of the city.
The compound is designed to provide a comfortable living experience with various facilities and amenities. The residential units are available in different sizes and configurations to suit the needs of other families. The apartments and duplexes are spacious and well-designed, with high-quality finishes and fittings.
The community is surrounded by landscaped plots, which provide a beautiful view and a relaxing environment for residents. The compound also features a lot of facilities, including a clubhouse, swimming pool, gym, and spa. These facilities cater to the requirements of residents who want to live an active and healthy lifestyle.
The community is also equipped with state-of-the-art security features to ensure residents’ safety and security. The compound has a 24-hour security system, CCTV cameras, and security personnel trained to handle emergencies.
Infrastructure and Connectivity
Emaar Rizk Development’s Right New Capital project is strategically located in the heart of the New Administrative Capital, one of Egypt’s most prominent and sought-after areas. The project is designed to provide residents with a luxurious, modern, and comfortable lifestyle, emphasizing convenience and connectivity.
The Right New Capital project features state-of-the-art infrastructure, including a network of well-maintained roads, bridges, and tunnels, providing easy access to all parts of the city. The project also features a comprehensive transportation system, including a metro station and a bus terminal, making it easy for residents to commute to work or around the city.
In addition to the transportation system, the project features a range of world-class amenities, including shopping centers, restaurants, cafes, and entertainment venues. It is also located close to some of the most prominent landmarks and attractions in the New Administrative Capital, including the Green River, the Presidential Palace, and the Diplomatic District.
Safety and Security Features
Right New Capital is a high-end residential complex developed by Emaar Rizk Development. It offers luxury housing units for sale at attractive prices and easy payment systems. The developer prioritizes the safety and security of the residents and has implemented various measures to ensure this.
The complex has a state-of-the-art security system, including 24/7 surveillance cameras, security guards, and access control systems installed at all entry and exit points. The security personnel are vigilant professionals who undergo continuous training and are ready to respond to emergencies.
In addition to the security measures, the complex also has fire safety systems. The buildings are equipped with fire alarms, smoke detectors, and sprinkler systems to ensure the safety of the residents in case of a fire emergency.
Moreover, the complex has a secure parking area for residents, and the parking lots are equipped with CCTV cameras and access control systems. The developer has also taken measures to ensure the safety of children by providing a safe and secure play area within the complex.
Technology Integration
Emaar Rizk Development is known for its innovative approach to real estate development, and its projects in the Right New Capital are no exception. The company has made significant investments in technology to ensure its developments are aesthetically pleasing and technologically advanced.
One of the critical features of the Right New Capital development is the integration of smart home technology. Each unit has premium home automation systems, enabling residents to manage lighting, temperature, and security directly from their smartphones or tablets. This not only enhances the living experience for residents but also increases energy efficiency and reduces costs.
In addition to smart home technology, Emaar Rizk Development has implemented cutting-edge security measures throughout the development of Right New Capital. The company has collaborated with top-tier security firms to install state-of-the-art surveillance, access control, and fire detection systems. This ensures residents’ safety and security in their homes and that their property is always protected.
Emaar Rizk Development has also made significant investments in sustainability and green technology. The Right New Capital development features energy-efficient lighting, water-saving fixtures, and solar panels. The company has also implemented an extensive waste management system to reduce the development’s environmental impact.
Competitive Analysis
Right New Capital by Emaar Rizk Development is a promising real estate project in the heart of the new administrative capital. A competitive analysis was undertaken to understand the project’s competitive position better.
Market Positioning
Right New Capital is positioned as a luxury residential compound that provides a modern and comfortable lifestyle. The project offers different unit types, from apartments to duplexes, with sizes ranging from 90 to 300 square meters. The prices per square meter start from 10,800 EGP to 13,000 EGP.
Competitors
Right New Capital faces competition from other residential compounds in the New Administrative Capital. Some of the notable competitors include:
- Capital Heights 2 by Equity Real Estate Development
- Vinci Street by Vinci
- Midtown Sky by Better Home
These competitors offer similar amenities and facilities, such as swimming pools, security, and parking spaces. However, Right New Capital differentiates itself by providing more spacious units and a comprehensive range of unit types.
Strengths and Weaknesses
Right New Capital’s main strengths include its prime location, modern design, and spacious units. The project is located in the heart of the New Administrative Capital, a rapidly developing area with a high growth potential. The project’s modern design is also a key selling point, as it appeals to the target market of young professionals and families.
On the other hand, Right New Capital’s main weakness is its high prices compared to some of its competitors. However, the project’s spacious units and modern design justify the premium price point.
Market Trends and Future Outlook
The New Administrative Capital (NAC) real estate market has grown significantly recently. Due to the development of infrastructure and facilities in the area, there has been a growing demand for residential and commercial properties. The Right New Capital Emaar Rizk Development project, is one of the NAC’s most promising real estate projects.
The project offers different residential units, including apartments and duplexes, with different sizes and designs to suit various needs and preferences. The unit prices are competitive compared to similar projects in the area. The payment and installment systems are flexible and convenient, making it easier for buyers to own their dream homes.
The Emaar Rizk Group (ERG) has announced an ambitious investment plan in the real estate market, specifically in the NAC. The ERG includes four subsidiaries with various activities, provided that the new entity includes Emaar Rizk Real Estate Development (ERD), Emaar Rizk Development, Emaar Rizk Navigation, and Emaar for Wood. The merger of the two ERD Development companies with Emaar Rizk Company under the name ERG will be responsible for developing their real estate projects.
The future outlook for the real estate market in the NAC is promising, with more projects expected to be launched in the coming years. The government is investing heavily in the area’s development, which will attract more investors and buyers to the market. Property demand is expected to continue rising, increasing prices and rental yields.
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Frequently Asked Questions(FAQs):
What amenities are offered in the RI8 compound by Emaar Rizk Development?
The RI8 compound by Emaar Rizk Development offers its residents a wide range of amenities. These include a swimming pool, gym, resort, and sauna. The compound also has a landscaped garden, a children’s playground, and a clubhouse. Additionally, the compound has 24-hour security and CCTV surveillance to ensure the security of residents.
Can you detail the master plan for Cairo’s new administrative capital?
Cairo’s new administrative capital is a modern city built to alleviate the congestion and overpopulation of Cairo. The city is being built on a 700 square kilometer plot of land and will be home to over 6.5 million people. The city will have a central business district, government buildings, residential neighborhoods, and recreational areas. The city will also have a state-of-the-art transportation system, including a high-speed train connecting it to other major cities in Egypt.
How is the Right New Capital project contributing to Egypt’s urban development?
The Right New Capital project by Emaar Rizk Development is contributing to Egypt’s urban development by providing modern and sustainable housing solutions to its residents. The project is built on 100 acres and includes residential buildings, commercial areas, and recreational facilities. The project is designed to provide its residents with a high-quality lifestyle and meet their diverse needs.
Who are the key stakeholders in the Right New Capital Emaar Rizk Development?
The key stakeholders in the Right New Capital Emaar Rizk Development are Emaar Rizk Development, the project developer, and the residents living there. Additionally, the project is expected to benefit by stimulating the local economy through job creation and attracting investments.
What are the unique features that distinguish Right New Capital from other developments?
The Right New Capital project by Emaar Rizk Development distinguishes itself from other developments by offering its residents modern and sustainable housing solutions. The project includes various amenities and facilities catering to their needs. Additionally, it is built on an area of 100 acres and is designed to provide a high-quality lifestyle to its residents.
What investment opportunities are available in the new capital, Emaar Rizk Development?
The Right New Capital project by Emaar Rizk Development offers investors a range of investment opportunities, including residential and commercial properties for sale. Due to its excellent location and the robust housing demand in the new administrative capital, the project is expected to generate a high return on investment.
