New Cairo is a trophy-tier Class A submarket of Cairo with average asking rent around $144/sqm/yr · ≈ $13.4 PSF/yr USD.
Premier eastern suburban Class A. · Tier: trophy · Avg rent: $144/sqm/yr · ≈ $13.4 PSF/yr USD
New Cairo anchors Cairo's principal eastern suburban trophy Class A submarket. Cairo Festival City, AUC New Cairo Campus, and a deep multinational HQ tenancy.
Multinationals, banking, education (AUC), retail HQs, healthcare.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bus; planned metro extension.
Multi-modal transit captures the metro's principal professional catchment.
Cairo Festival City, AUC campus, Point 90 Mall.
New Cairo is one of 5 Class A submarkets we cover in Cairo, classified as trophy tier with an average asking rent around $144/sqm/yr · ≈ $13.4 PSF/yr USD. Compared with the broader Cairo Class A stock, New Cairo typically attracts Multinationals, banking, education (AUC), retail HQs, healthcare and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside New Cairo: New Administrative Capital (NAC), 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 Cairo, 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.