Midtown Sky Compound is a prestigious residential development in Egypt’s New Capital City. Developed by Better Home Group, this 122-acre project offers various housing options, including apartments, houses, and villas.
The compound boasts modern architecture, elegant facades, and excellent amenities. It occupies only 20% of its total area to ensure ample green spaces. Located strategically within the New Capital, Midtown Sky provides residents easy access to key landmarks and facilities.
This real estate investment opportunity combines luxury living with the convenience of a well-planned urban environment, making it an attractive choice for those seeking a high-end lifestyle in Egypt’s newest city.
Overview of Midtown Sky Compound
Egypt’s New Administrative Capital is home to the expansive residential development known as Midtown Sky Compound. The 122-acre property provides a range of home alternatives in a desirable area.
Strategic Location
A prominent location in the R7 neighborhood of the New Administrative Capital is held by Midtown Sky Compound. Because of this advantageous location, inhabitants can easily access infrastructure and other necessities. Due to its proximity to important thoroughfares, the property offers easy access to various areas of the city.
Proximity to government districts, business centers, and educational institutions enhances Midtown Sky’s appeal. Residents benefit from reduced commute times and increased convenience in their daily lives.
Developer Background
Better Home Group is the developer behind Midtown Sky Compound. The company has a track record of successful projects in Egypt’s real estate market. Better Home Group is known for its focus on quality construction and modern design aesthetics.
Midtown Sky’s thoughtful layout and diverse housing options reflect the developer’s experience. Better Home Group has leveraged its expertise to create a community that balances luxury living with practical amenities.
Midtown Sky’s design reflects their commitment to green spaces, with 82% of the land dedicated to landscaping and lakes.
Residential and Commercial Offerings
Midtown Sky Compound offers diverse residential and business areas tailored to meet a range of needs and tastes. The project’s several unit types all have tasteful facades and contemporary architecture.
Variety of Units
Midtown Sky offers an array of residential options. Apartments range from 90 to 180 square meters and provide flexible living spaces. Townhouses and twin houses offer more spacious accommodations for families.
Luxurious villas are available for those seeking premium living. The Midtown Solo and Midtown Condo concepts provide unique layouts for various lifestyles.
All units boast contemporary designs and high-quality finishes. The architectural approach emphasizes elegance and functionality.
Commercial Spaces
The compound integrates commercial areas to serve residents and attract businesses. A dedicated Business Plaza houses offices and retail spaces.
These commercial units vary in size and configuration to accommodate different business needs. The design of these spaces aligns with the overall modern aesthetic of Midtown Sky.
Clinics and administrative units are also part of the commercial offerings, creating a self-sufficient community. The strategic placement of these spaces ensures convenience for residents and visitors alike.
Amenities and Services
Midtown Sky Compound offers many amenities and services to enhance residents’ quality of life. The development prioritizes recreational facilities and essential services to create a self-contained community.
Recreational Facilities
With so many parks and green areas, Midtown Sky offers its people plenty of places to unwind and engage in outdoor activities. The artificial lakes on the property enhance the scenery’s beauty and calm. Residents can enjoy aquatic activities and cool down in swimming pools.
A state-of-the-art gym caters to fitness enthusiasts, while a spa offers relaxation treatments. The compound includes restaurants and cafes for dining and socializing. Jogging tracks wind through the development, encouraging an active lifestyle.
Playgrounds are strategically placed throughout Midtown Sky, ensuring children have safe spaces to play and interact. The Midtown Sky Mall serves as a central hub for shopping and entertainment.
Essential Services
Security is a top priority at Midtown Sky, with 24-hour security services safeguarding the compound. Surveillance systems and trained personnel ensure residents’ safety around the clock.
A medical center within the development provides convenient access to healthcare services. This facility is equipped to handle routine check-ups and emergencies.
The compound’s management team oversees the maintenance and upkeep of common areas, ensuring a clean and well-maintained environment. Dedicated customer service staff are available to promptly address residents’ concerns and inquiries.
Midtown Sky also incorporates smart home technologies, allowing residents to control various aspects of their living spaces efficiently. High-speed internet connectivity is available throughout the compound, supporting modern digital lifestyles.
Investment Insights
Midtown Sky Compound offers compelling investment opportunities in Egypt’s New Capital City. The project combines attractive pricing, flexible payment options, and strong potential for future growth.
Pricing and Payment Options
Midtown Sky provides competitive pricing for its residential units. Apartments start from 1,900,000 EGP, while townhouses and townhouses are priced from 4,500,000 EGP. Better Home offers flexible payment plans to suit different budgets.
Customers have a range of installment options to select from, spanning from five to eight years. Ten to twenty percent of the unit is total worth is usually required as a down payment, allowing investors to stretch out their payments over time.
The company also provides payment systems, including cash and bank transfer options. Some units may be eligible for mortgage financing through partner banks.
Future Growth Potential
Midtown Sky’s location in the New Capital City positions it for significant appreciation. The area is experiencing rapid development and infrastructure improvements.
The compound’s proximity to key landmarks like the Al Masa Hotel, the British University, and Expo City enhances its value. The Green River view adds to the property’s appeal and potential for price increases.
As the New Capital City continues to grow, demand for high-quality residential units is expected to rise. This could lead to strong rental yields and capital appreciation for investors.
The government’s emphasis on creating a contemporary, sustainable metropolis in the New Capital adds to the area’s long-term growth potential for real estate investments.
Connectivity and Accessibility
Midtown Sky Compound is ideally situated in Egypt’s New Capital City, with great access to all major hubs. The Ring Road is close to the development, giving quick access to various areas of the city.
Residents can easily reach landmarks like the Presidential Palace, Expo City, and Al Masa Hotel. These destinations are just a short drive away, enhancing the compound’s appeal.
The British University in Egypt’s New Capital campus is also nearby, making Midtown Sky an attractive option for students and faculty. Educational facilities are within easy reach for families living in the compound.
Public transportation options are available to connect Midtown Sky to other districts. The monorail system will further improve accessibility, linking the New Capital to surrounding areas like New Cairo and the Fifth Settlement.
Green spaces are integrated into the city’s design, with the Green River project running through the heart of the New Capital. This eco-friendly feature is accessible to Midtown Sky residents and offers recreational opportunities.
The compound’s location balances urban convenience with a serene living environment. It provides quick access to commercial zones while maintaining a peaceful residential atmosphere.
Frequently Asked Questions
Midtown Sky Compound offers a range of properties and amenities in New Capital City. Potential buyers and residents often have specific questions about costs, features, and development plans.
What are the current rental rates for residents of Midtown Sky Compound?
Rental rates in Midtown Sky Compound vary based on unit size and type. One-bedroom apartments typically start at around 10,000 EGP per month. Larger units, such as three-bedroom apartments or villas, can range from 25,000 to 40,000 EGP monthly.
These prices could change depending on the state of the market and the particulars of the unit.
How do the prices of properties in Midtown Sky Compound compare to other areas in New Capital City?
Midtown Sky Compound properties are priced competitively within New Capital City. Units here generally cost 5-10% more than similar properties in less central city areas.
This premium reflects Midtown Sky’s prime location and high-end amenities. Given the compound’s quality and convenience, buyers often find the value proposition attractive.
What types of properties are available for sale in Midtown Sky Compound?
Midtown Sky offers a diverse range of property types. These include:
- Studio apartments
- One to three-bedroom apartments
- Duplexes
- Penthouses
- Standalone villas
Unit sizes range from compact 50 square meter studios to spacious 300+ square meter villas.
Can you provide an overview of the master plan for Midtown Sky Compound?
Midtown Sky Compound spans 122 acres in New Capital City’s seventh district. The master plan includes:
- Residential buildings ranging from low-rise to high-rise towers
- A central community mall
- Green spaces and parks covering 80% of the compound area
- Tennis courts and swimming pools are examples of sports amenities.
- A clubhouse for residents
The layout prioritizes pedestrian-friendly design with wide walkways and cycling paths.
What amenities does the Midtown Sky Mall offer to residents and visitors?
Midtown Sky Mall serves as a central hub for the compound. Key amenities include:
- A variety of retail shops and boutiques
- Restaurants and cafes
- A supermarket for daily essentials
- Entertainment options like a cinema and arcade
- Service outlets such as banks and dry cleaning
The mall aims to provide residents with convenience and leisure options within walking distance.
Who is the developer behind Midtown Sky Compound, and what are their most notable projects?
Better Home Company is the developer behind Midtown Sky Compound. They are known for high-quality residential projects in Egypt.
Notable Better Home developments include:
- Midtown Solo in New Cairo
- Midtown Condo on 6th of October City
- Midtown New Capital, another successful project in the New Administrative Capital
Better Home is known for delivering projects on time and maintaining high construction standards.
