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| Neighborhood
information> Maadi |
Renting in Maadi:
Maadi is counted amongst
Cairo's first class neighborhoods and is of course
on Cairo's first class price list.
Like everywhere else the prices in Maadi have slightly fallen compared
to the last few years.
This is a consequent to a remarkable rise in supply not meeting its
match in demand.
Another common aspect of the renting phenomena
is the recently applied new law, which clarifies and defines
renting issues, accentuating the priority of a contract.
The owner-client relationship in Maadi differs, apart from the fact
that both owners and clients prefer to keep away from realtors for
various reasons, they seem to have established a vocabulary of their
own which includes "foreigners", "corniche" and "CAC"
as keywords.
This could be explained… Sellers target the clients giving priority
to foreigners specially on offering furnished households aiming for
clarity, punctuality, and responsibility for furniture as well as
foreign currency.
The price hierarchy mechanism can now be illustrated, granting the
highest prices for the first row on the "corniche" backwards on a
linear basis, depending greatly on the factors of view and direct
access to the "corniche"(the longest street in Cairo intersecting
it vertically alongside the Nile). On the other hand the "CAC"
Cairo American College situated in Degla imposes a radial pattern
hierarchy with the spacious school as a center.
The prices in Degla and the surrounding areas are highest just around
"CAC" and decline in circles upon going further from the school (major
attraction to foreign families).
Then comes the geographical difference between new and old Maadi.

New Maadi is a modern imitation of old Maadi but still not an identical
twin, the younger sister carries the same scent but for some reason
the essence of the peace, quiet and significance found in old Maadi
hasn't reached its full effect.
On a personal note, I would like to point out that even though renting
in Maadi or finding the perfect place to begin with seems like a complicated
process. I can confidently say that out of my own experience it's
not such a hassle and living in Maadi is absolutely worth it, Maadi
will always maintain its position in the hearts and minds of Egyptians
and foreigners alike.
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