---
title: "New Administrative Capital (NAC), Cairo — Class A submarket"
description: "Government-led post-2025 mega-development."
canonical: https://classa.info/cities/cairo/new-administrative-capital
pageType: neighborhood
lastUpdated: 2026-04-15T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> 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.

## TL;DR

- Government-led post-2025 mega-development.
- Trophy tier — ~$192/sqm/yr.
- Active Class A leasing market with deal flow across major broker desks.

# New Administrative Capital (NAC), Cairo — Class A submarket

*Government-led post-2025 mega-development.* · Tier: trophy · Avg rent: $192/sqm/yr · ≈ $17.8 PSF/yr USD

## TL;DR

- Government-led post-2025 mega-development.
- [Trophy tier](/topics/trophy-asset-selection) — ~$192/sqm/yr.
- Active [Class A](/glossary/class-a) leasing market with deal flow across major broker desks.

## Overview

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.

## Tenant profile

Government (Egyptian ministries), banking, multinationals, hospitality.

## Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

## Transit

NAC Monorail, LRT, planned high-speed rail.

Multi-modal transit captures the metro's principal professional catchment.

## Amenities

Iconic Tower, Government District, New Capital Airport.

## Comparable buildings

- **Iconic Tower (NAC)** [](https://www.google.com/maps/search/?api=1&query=Iconic%20Tower%20(NAC)%2C%20New%20Administrative%20Capital%20(NAC)%2C%20Cairo%2C%20Egypt%2C%20New%20Administrative%20Capital%20(NAC)%2C%20Cairo%2C%20Egypt&query_place_id=ChIJP2w-Mz31VxQRc6PoKyY3_ug)
- **NAC Government District** [](https://www.google.com/maps/search/?api=1&query=NAC%20Government%20District%2C%20New%20Administrative%20Capital%20(NAC)%2C%20Cairo%2C%20Egypt%2C%20New%20Administrative%20Capital%20(NAC)%2C%20Cairo%2C%20Egypt&query_place_id=ChIJSxRJfAD1VxQRyMamtTlleVQ)
- **NAC Mixed-Use Office** [](https://www.google.com/maps/search/?api=1&query=NAC%20Mixed-Use%20Office%2C%20New%20Administrative%20Capital%20(NAC)%2C%20Cairo%2C%20Egypt%2C%20New%20Administrative%20Capital%20(NAC)%2C%20Cairo%2C%20Egypt&query_place_id=ChIJZUrOCQD1VxQRMoxp2y-ihKc)

## Where New Administrative Capital (NAC) sits in Cairo

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](/glossary/amenitisation).

Adjacent submarkets to study alongside New Administrative Capital (NAC): [New Cairo](/cities/cairo/new-cairo), [Smart Village / 6th of October](/cities/cairo/smart-village-6th-of-october), [Downtown / Cornish El Nil](/cities/cairo/downtown-cornish-el-nil), [Zamalek / Mohandessin](/cities/cairo/zamalek-mohandessin). The full Cairo submarket atlas is at [/cities/cairo](/cities/cairo).

## Topic deep-dives for New Administrative Capital (NAC)

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:

- [New Administrative Capital (NAC) — ](/cities/cairo/new-administrative-capital/rents-and-availability)
- [New Administrative Capital (NAC) — ](/cities/cairo/new-administrative-capital/tenant-profile)
- [New Administrative Capital (NAC) — ](/cities/cairo/new-administrative-capital/transit-and-commute)
- [New Administrative Capital (NAC) — ](/cities/cairo/new-administrative-capital/amenity-and-lifestyle)
- [New Administrative Capital (NAC) — ](/cities/cairo/new-administrative-capital/trophy-and-comparables)
- [New Administrative Capital (NAC) — ](/cities/cairo/new-administrative-capital/fit-out-and-spec)

## Related glossary

Terminology specific to Cairo Class A leasing and to the trophy tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier).

## Editorial provenance

Reviewed by [**Class A Atlas Editorial Desk**](/about/authors/class-a-atlas-editorial-desk) — House byline · global editorial team. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards).

### Primary sources for this page

- [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE
- [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL
- [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield
- [Savills World Research](https://www.savills.com/research_articles/) — Savills
- [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers

[Full sources index](/about/sources) · [Submit a correction](/about/corrections)

## Related topics

- [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal.
- [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce.
- [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease.
- [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies.
- [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex.
- [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa.

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Citation: Source: Class A Atlas (https://classa.info/cities/cairo/new-administrative-capital), updated 2026-04-15T00:00:00.000Z.