The Old Airport area, named after the decommissioned former Addis Ababa airport, has evolved into one of the city's most desirable residential neighborhoods. Its unique combination of space, greenery, and central location makes it a perennial favorite among families and long-term residents.
Character & Atmosphere
Old Airport is defined by its wide, tree-lined avenues and spacious compounds. Unlike the vertical density of Bole's commercial strips, this neighborhood maintains a low-rise, garden-rich character that feels distinctly residential. Many properties feature mature gardens with indigenous trees.
Property Market
The neighborhood is primarily villas and larger compounds, with some newer apartment developments at its edges. Villa rentals range from ETB 50,000 to ETB 150,000/month. Purchase prices start at ETB 20M for modest villas and can exceed ETB 60M for larger compounds. The limited supply keeps prices firm.
Schools & Families
Old Airport's proximity to International Community School (ICS) and Sandford International School makes it the top choice for expat families. The quiet streets and compound living provide a safe environment for children.
Dining & Lifestyle
While Old Airport itself is primarily residential, it's just minutes from Bole Road's restaurants and cafes. The neighborhood has several quality local restaurants, bakeries, and small shops that serve the community.
Who Should Live Here
Old Airport is ideal for families who prioritize space, greenery, and quiet over nightlife and commercial convenience. It's particularly popular with embassy families, senior NGO staff, and Ethiopian families seeking a prestigious address with room to breathe.