Mountain View iCity New Cairo · Fifth Settlement, New Cairo · Mountain View Developments
Mountain View iCity New Cairo
New Cairo's flagship smart city: 5 elevated islands linked by a 15km corniche, backed by a $3.6bn partnership
Project overview
Mountain View iCity New Cairo began as a memorandum signed at the Sharm El Sheikh Economic Conference, formalized in 2016 as the largest Egyptian-Saudi real estate partnership of its time: a $3.6bn smart city developed by the Mountain View–Sisban Holding alliance (60%) with Egypt's Ministry of Housing and NUCA (40%). The result spans 500 feddans — roughly 2 square kilometers — fronting the Regional Ring Road on New Cairo's eastern edge, just 4 minutes from the Suez Road.
The design concept is unique in the Egyptian market: five elevated islands connected by a 15km internal corniche, master-planned by CallisonRTKL with DMA under a four-dimensional, multi-level scheme that fully separates cars from pedestrians (zero-traffic). Built-up area is just 12% of the land per Nawy data — other sources cite green coverage near 75% — with fiber-optic smart infrastructure reaching every unit and each of the districts gated with its own theme.
Seven residential phases are on the market: Club Park with near-delivery units, HeartWork — Mountain View's first international business district inside a residential compound — Lagoon Beach Park with a swimmable lagoon, Mountain View 3, The North Park, plus MV Park and Mountain Park launching soon. The official site lists 8,750 residential units (down from an original 18,000-unit plan), and a single phase has drawn EGP 8bn in investment.
As of July 2026, the developer's entry price is EGP 15,593,030 via Club Park, listed apartments start from EGP 14.27M, Lagoon Beach Park villas from EGP 49.06M, and an active resale market opens from EGP 3.93M — one of New Cairo's busiest, with 104 apartments and 72 duplexes listed on Nawy. Payment runs up to 10 years at 5% down, with a minimum 2.5% down over 9 years. Following Eng. Amr Soliman's May 2026 site tour to accelerate construction, iCity is heading into its real delivery wave.
Quick facts
Gallery
Location & distances
iCity holds one of New Cairo's smartest positions: direct frontage on the Eastern Regional Ring Road for congestion-free access, just 4 minutes from the Suez Road linking East Cairo to the New Capital and Ain Sokhna. Residents sit minutes from Rehab and Madinaty to the north and AUC and the 90th Road to the south — right at the center of the Fifth Settlement's daily flow without its traffic (30.0703, 31.5919).
- Direct frontage on the Eastern Regional Ring Road
- 4 minutes to the Suez Road
- 10 minutes to Rehab City and Mountain View Hyde Park
- 11 minutes to Mountain View 2
- 17 minutes to the American University in Cairo (AUC)
- Central Fifth Settlement position between Rehab, Madinaty and the 90th Road
- Fast access to the New Capital via the Regional Ring and Suez roads
- 15km internal corniche linking all five islands without leaving the city
Units & prices
Unit types: Apartment, Penthouse, iVilla (Duplex), Townhouse, Standalone Villa
The mix is Mountain View's broadest in New Cairo: 2BR apartments of 110-140 sqm in Club Park, 3BR layouts up to 250 sqm and penthouses above 205 sqm, the signature iVilla duplex with private entrance and garden at 165-250 sqm, townhouses of 290-295 sqm, and standalone villas from 195 up to 565 sqm on the lagoon. Each phase carries its own character, and the tiered elevations guarantee views across the board.
Developer entry price via Club Park per Nawy data — July 2026; resale starts from EGP 3.93M
Units, areas & prices table
Latest available unit data — prices are indicative and move with every launch
| Unit type | Areas | Price from | Notes |
|---|---|---|---|
| 2BR Apartment | 110-140 م² | EGP 14.27M | Lowest listed apartment on Nawy July 2026; developer entry EGP 15,593,030 (Club Park) |
| 3BR Apartment | 145-250 م² | On request | Broker source: from about EGP 13.2M per GPR |
| Penthouse | 205+ م² | On request | |
| iVilla / Duplex | 165-250 م² | On request | 72 duplex listings on Nawy as of July 2026 |
| Townhouse | 290-295 م² | On request | |
| Standalone Villa | 195-565 م² | EGP 49.06M | Lowest developer villa price (Lagoon Beach Park); 5BR villas 520-565 sqm from ~EGP 89M per Property Finder |
Prices and areas are indicative per the latest available update and may change without notice — request the latest official price list.
Project phases
Club Park
Available — near-delivery unitsHeartWork
AvailableLagoon Beach Park
AvailableMountain View 3
AvailableMV Park
Coming soonThe North Park
AvailableMountain Park
Coming soonAmenities & facilities
Master plan
The master plan is signed by CallisonRTKL with DMA Design Engineering, built around five islands raised above street level: parking and vehicle movement sit below, units and gardens above, while the 15km corniche loops the islands together for walking and cycling. Ten districts each carry their own gate and theme, HeartWork anchors the business frontage, and a built footprint of just 12% leaves the scene to open space — a city plan, not a compound plan.
Latest project updates
Developer entry at EGP 15.59M (Club Park); listed apartments from EGP 14.27M, Lagoon Beach Park villas from EGP 49.06M, resale from EGP 3.93M
Eng. Amr Soliman toured New Cairo projects to accelerate construction as neighboring MV 1.1 began delivering 900+ units — signaling iCity's approaching handover wave
The North Park and Mountain Park phases launched as part of the project's new expansions
Why invest here
Few projects combine state backing, Gulf capital and a top-five developer brand: a formal 40% Ministry of Housing stake, $3.6bn in Saudi-alliance investment, and Mountain View's record of 19+ delivered projects. The gap between resale from EGP 3.93M and developer entry at 15.59M evidences proven appreciation for early buyers, exit liquidity is rare-grade with one of New Cairo's busiest resale markets, and approaching handovers are turning paper into physical assets.
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