Etqan Unveils Landmark Study on the Residential Sector in the New Administrative Capital Amid Second Phase Launch of R8 Land Plots

Etqan: R8 Area Records Highest Demand Levels — A Golden Opportunity for Serious Developers, Expected Sales of EGP 150 Billion from R8 Phase Two Projects, Comprising Nearly 16,000 Residential Units R8  Residential Zone Sees Exceptional Price Surge, Unit Prices Soared from EGP 6,000 to EGP 45,500 per sqm.

Etqan Financial and Commercial Consultancy has announced the results of its latest study on the residential real estate sector in the New Administrative Capital (NAC), coinciding with the launch of the second phase of land plots in the prominent R8 district — one of the capital’s key residential zones.

The comprehensive study highlights R8 as one of the most attractive and in-demand investment areas over the past two years. The findings reaffirm the continued strong demand from both developers and investors, driven by the area’s advanced infrastructure, strategic location, and diverse real estate offerings.

Bassem El Sherbiny, CEO of Etqan, stated that the study is part of the company’s commitment to supporting decision-makers and developers with in-depth analyses and data-driven insights to steer real estate investments toward the most promising opportunities. The study includes a thorough review of current residential projects in the capital, along with detailed analysis of supply and demand dynamics and recent market shifts.

El Sherbiny noted that the Administrative Capital Authority has released the terms booklet for the new phase of R8 residential land plots, which includes 16 plots ranging in size from 14 to 60 feddans. “R8 is witnessing a remarkable surge in demand and project activity, making it one of the most promising investment areas in the NAC over the coming period,” he said.

He added that only 50% of available land in the R8 area has been released so far, while the remaining 50% represents upcoming investment opportunities — with 28.5% currently being launched. “This presents a golden opportunity for serious and forward-looking developers,” El Sherbiny emphasized.

Over the past two years, more than seven new residential projects have been launched in the R8 district, reflecting the market’s dynamism and growing developer confidence in the NAC’s residential product.

El Sherbiny stressed that R8 has demonstrated its ability to attract top-tier developers and achieve rapid growth in property values. “Unit prices in R8 have seen unprecedented jumps — from EGP 6,000 per sqm in 2016 to over EGP 45,500 per sqm in 2025. This sharp rise signals robust demand and high investment returns in the area,” he added.

Dr. Ahmed Abdel Aziz, Etqan’s Executive Partner and Financial Consultant, revealed that according to the study’s results, approximately 16,000 residential units are expected to be released in R8 as part of the second phase, with projected sales of around EGP 150 billion.

He also noted that the residential sector in the New Administrative Capital has recorded the highest price increase among residential markets, outpacing areas like New Cairo and West Cairo by nearly 30%. Moreover, this price surge exceeds inflation by 160% between 2016 and 2024.

El Sherbiny concluded by reaffirming that Etqan’s role extends beyond research — the firm actively supports clients with precise investment strategies, having contributed to residential sector sales in the NAC exceeding EGP 16 billion to date.