New Cairo
Demand for real estate in New Cairo has been very high, with prices per meter for apartments averaging around 10,000 Egyptian Pounds, and for villas 19,000 Egyptian Pounds, and it has continued increasing, especially after the construction of the New Administrative Capital, to which New Cairo is close. The government has also moved many services and administrations to the city, the most notable of which were the Traffic Administration offices of Nasr City, Heliopolis and New Cairo (which was previously located in El Shorouk) in 2020, as they were all moved into one three-floor building in the southern part of the city.