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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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