New Administrative Capital (NAC) is a trophy-tier Class A submarket of Cairo with average asking rent around $192/sqm/yr · ≈ $17.8 PSF/yr USD.
Government-led post-2025 mega-development. · Tier: trophy · Avg rent: $192/sqm/yr · ≈ $17.8 PSF/yr USD
The New Administrative Capital — Egypt's USD 45bn government-led mega-development — anchors Cairo's principal post-2025 trophy frontier. Iconic Tower and Phase 1 government and corporate HQs.
Government (Egyptian ministries), banking, multinationals, hospitality.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
NAC Monorail, LRT, planned high-speed rail.
Multi-modal transit captures the metro's principal professional catchment.
Iconic Tower, Government District, New Capital Airport.
New Administrative Capital (NAC) is one of 5 Class A submarkets we cover in Cairo, classified as trophy tier with an average asking rent around $192/sqm/yr · ≈ $17.8 PSF/yr USD. Compared with the broader Cairo Class A stock, New Administrative Capital (NAC) typically attracts Government (Egyptian ministries), banking, multinationals, hospitality and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside New Administrative Capital (NAC): New Cairo, Smart Village / 6th of October, Downtown / Cornish El Nil, Zamalek / Mohandessin. The full Cairo submarket atlas is at /cities/cairo.
For an institutional Class A occupier evaluating New Administrative Capital (NAC), the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Cairo Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.