3 Bedrooms Apartment for Rent in La Mirada New Cairo By Grand Plaza - Delivery Year 2023

Rental Trends: What Can You Rent in La Mirada Tower?

La Mirada Tower is a premium residential development in 6th of October City, Egypt offering lavish apartments and townhouses for rent. This 50-story tower provides panoramic lake and city views along with world-class amenities making it a coveted address for tenants looking for opulence.

Currently, units for rent in La Mirada Tower start from EGP 12,000 to EGP 30,000 per month with typical rents ranging between EGP 15,000 to EGP 25,000 per month. Here is a sample of rental offerings and prices in La Mirada Tower:

• Studio: Starting at EGP 12,000 per month. Around 35-50 square meters with open-concept kitchen and living space.

• 1-bedroom: Ranging from EGP 16,000 to EGP 28,000 per month. Around 55-90 square meters with separate living room, kitchen and one bedroom with bathroom. Most demand for 1-bedrooms.

• 2-bedroom: EGP 22,000 to EGP 30,000 per month. Around 90-125 square meters with living room, kitchen, dining area and two bedrooms with separate bathrooms. Higher prices on lake view units.

• 3-bedroom townhouse: EGP 30,000 to EGP 50,000 per month. Around 150-250 square meters including a rooftop terrace along with living room, kitchen, dining area and three bedrooms with separate bathrooms. Prices highly depend on specifications, views and amenities.

Some factors influencing rental prices in La Mirada Tower include:

• Unit size: Larger units with more bedrooms and bathrooms command higher prices. Prices per square meter decrease as unit size increases.

• Floor level: Units on higher floors, especially those with lake views, are priced at a premium. Top floor penthouses demand the highest rent.

• Amenities: Access to facilities like indoor pool, gym, spa, cinema, playground and clubhouse increases the appeal and rental price.

• Location: Prime location within a secured gated community close to main roads, highways and amenities positively impacts rental demand and rates.

• Specifications: Use of premium materials, high ceilings, marble floors, granite countertops, built-in wardrobes and smart home features enhance livability and justify higher prices.

• Demand: Strong demand for rental units amid limited supply of quality spaces within 6th of October City support steady or increasing rent prices in La Mirada Tower. Rents are likely to increase by 5-10% annually.

In summary, you can expect to pay decent rent for a luxurious yet affordable abode in La Mirada Tower with options to suit different budgets and lifestyles. Rents are poised to rise gradually on the back of increasing demand for premium living spaces within 6th of October City.

https://www.newcairocompound.com/NS117450

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