New cities are developmental projects designed to relieve pressure on older urban areas and improve residents’ quality of life. Reasons for establishing new cities include a growing population, the need for new residential and commercial spaces, and infrastructure improvement. Launching new residential projects has increased the supply of housing units, offering more choices for consumers. New cities may influence property prices in older cities due to increased competition. They also attract investors thanks to potential returns and future growth prospects. However, proper planning is required to ensure the sustainability of new cities. Providing essential services such as education, healthcare, and transportation is also crucial. Future trends include the continued development of new cities as part of the national development strategy, with an emphasis on sustainability and innovation in city design. New cities directly impact the real estate market by increasing supply, adjusting prices, and attracting investments, while emphasizing the importance of proper planning to address future challenges.