Where do the richest people live in Cairo, Egypt?
The richest people in Cairo, Egypt are the residents of some of the most high profile and well-developed neighborhoods in the city. Such locations are characterized by exclusive venues, posh villas, luxurious facilities and high-end infrastructure. They are exclusive as well as comfortable and tend to serve business elites, celebrities, diplomats, and people with high net worths.
The richest people in Cairo live in the places mentioned below in detail, with what draws them to the identified locations.
Zamalek
Zamalek is one of the oldest and most elite neighborhoods of Cairo that is situated on an island of the Nile River. Zamalek is full of tree-lined streets, foreign embassies, art galleries, and stylish new hotels with old-fashioned images of the city and the air of cosmopolitanism. Lots of upper classes of Cairo, as well as foreigners, prefer to have their residence here because of the central location and richness of culture.
- Luxury apartments overlooking the Nile
- They are near downtown Cairo
- Very safe and sound environment
- This is perfect in the case of diplomats, artists, as well as professionals
Maadi
Another top suburb is Maadi, located in southern Cairo. It is very much in demand with the expatriates and among upper middle class families. Locally known to be green, the roads are wide with colonial villas. There are several international schools, clubs and embassies here.
- Attractive and quiet neighborhood Family friendly environment
- Modern apartments and luxury homes
- A good community and privacy
- With several expat communities residing in it
New Cairo & Fifth settlement
The greater Cairo area and in particular New Cairo or the Fifth settlement (El Tagamoa El Khames) have recently become a luxury residential destination. The area, which emerged in the 2000s with the purpose of decreasing the traffic in central Cairo, also encompasses the following private compounds:
- Qatameya heights (golf course and villas)
- The Waterway, Lake view, Swan Lake, Stella
- Galleria Moon Valley and Villette among other places
These closed communities have up-market security systems, sporting facilities, international schools, shopping malls, and beautifully built houses. New Cairo is ideal for families seeking modern infrastructure and a quieter lifestyle but not at the expense of the number of amenities.
6th of October city
West of Cairo, 6th of October City is another upscale zone where many wealthy individuals reside. It's known for being home to some of Egypt’s most exclusive gated compounds, such as:
- Palm Hills
- New Giza
- Rabwa
- Allegria by SODIC
These developments present golf courses, luxury villas, lakes, sports clubs and International schools. The city attracts business men, real estate investors and families who seek space and privacy and modernity at the expense of the traffic around the center of Cairo.
Heliopolis & Nasr city
The city of Heliopolis has a whole European style of the city and was built in the early 20 th century with its historic aura. Being more concrete than New Cairo or 6th of October, it also contains a significant figure of rich citizens, a rife of long-established families with deep roots.
- Prestigious villas and old mansions
- Close to Cairo International Airport
- Nearby shopping centers and government buildings
Adjacent to Heliopolis, Nasr City is also a thriving upper-middle-class area with pockets of luxury real estate and well-developed infrastructure.
Other notable areas: Rehab, Madinaty, and Orabi
Gated cities such as Rehab, Madinaty and Orabi which are further away from central Cairo are becoming popular with the high income earners. They are master planned communities which come as a full-fledged lifestyle package including residential units, malls, medical centers, schools and green parks catering the urban needs of those individuals who desire to live in a suburb but want the complete urban lifestyle.
In summary
The most prosperous residents in Cairo also prefer to buy those places that mix security, privacy, luxury, and convenience. It could be the historical beauty of Zamalek, the lush green life in Maadi, the luxury compound 21st-century in New Cairo and 6 th of October; as each place will provide a designed life of the Egyptian elite.
In case you want to relocate to or invest in real estate development in Cairo, these are the most preferable and value-added provinces in the capital.
Related Articles
- What are some challenges unique to living in Cairo, Egypt?
- Where is the safest and most affordable place to live in Cairo?
- How is life in Cairo Egypt for a foreign person?
- Where can I sleep for free in Cairo, Egypt?
- What is the oddest thing found in a tomb in Egypt?
- What hotel has the best view of the pyramids in Egypt?
- Is there a place to study in Cairo, Egypt?