Compound Aster New Cairo occupies 35 acres of Golden Square yet places only 300 apartments on the land, and that single ratio explains almost everything about the project. Times Developments allocated 16% of the plot to buildings and left 85% of the site as gardens, lagoons and open landscape, distributing the residential mass across just 12 blocks of ground floor plus five repeated storeys. The arithmetic works out at roughly 8.6 units per acre, a figure that sits well below the density most Fifth Settlement compounds carry on comparable land.
The commercial consequence of that low density is a shorter, simpler product line. Buyers choose from apartments only, in one, two and three bedroom layouts starting at 85 m², with entry pricing from EGP 6,000,000 and a reservation deposit of 10%. Aster is also the first New Cairo address for Times Developments, a company whose earlier work sits in Sheikh Zayed, which makes the developer question as relevant here as the price question. The sections below take the masterplan, the geography, the unit mix, the money and the developer record in turn.
A masterplan where buildings are the exception, not the rule
The 35 acre plot converts to roughly 147,000 m², of which the 16% building footprint absorbs about 23,500 m². Everything else carries parkland, water features, walkways and service uses, which is how the project reaches its 85% natural and open space share. Times Developments reached that number by limiting the scheme to 12 residential buildings rather than spreading a larger unit count over more blocks.
Each building rises as a ground floor with five repeated floors above it, and every block carries two passenger elevators plus a dedicated control room. Keeping the height low across a wide plot is what allows most apartments to face a lagoon or a garden rather than the facade of a neighbouring block. The panoramic view claim on this project is therefore a consequence of the distribution numbers, not a marketing line layered on afterwards.
Where is Aster Residence New Cairo located?
Aster Residence New Cairo sits inside Golden Square, the pocket of New Cairo (Fifth Settlement) bounded by the North and South 90th Street axes, with the project fronting South 90th Street directly. Golden Square carries a lower residential density and a higher concentration of upper tier compounds than the rest of the Fifth Settlement, and it feeds straight onto the Middle Ring Road.
Frontage on South 90th Street matters because that corridor is the spine linking New Cairo to its outbound axes and shortening the run to the Middle Ring Road. The practical effect is a resident who reaches schools, universities, retail and the New Administrative Capital without crossing the whole of the Fifth Settlement first. The drive times below measure that position more usefully than any general description of the area.
- 10 minutes to the American University in Cairo and to Palm Hills New Cairo.
- 5 minutes to Madinaty through the neighbouring axes.
- 10 minutes to the New Administrative Capital, the country’s largest new government and services employment cluster.
- Direct connection to the Middle Ring Road, which links eastern Cairo to the north and south of the city.
The immediate neighbours reinforce the position. Galleria Residence, Amorada and Al Marasem Fifth Square all sit within the same Golden Square perimeter, which means Aster enters a market whose services, international schools and academies are already operating rather than a district still waiting to mature. Buying into an established radius removes the multi year wait that projects on the outer edges of New Cairo still carry.
Apartment sizes and the bedroom mix
Times Developments varied the sizes inside a single product type instead of mixing apartments with villas or townhouses. The result is a homogeneous residential community with three size brackets that map cleanly onto household size, from a single occupant or couple through to a family needing three bedrooms.
| Unit type | Bedrooms | Area starts from |
|---|---|---|
| Apartment | 1 bedroom | 85 m² |
| Apartment | 2 bedrooms | 122 m² |
| Apartment | 3 bedrooms | 150 m² |
The 85 m² one bedroom is the natural investor unit, since compact layouts in Golden Square let a landlord serve students, young professionals and short stay tenants without carrying a large capital outlay. The 122 m² two bedroom targets small families and couples planning ahead, while the 150 m² three bedroom covers households that want full family space inside the gate rather than a larger unit outside it. Anyone hunting for a standalone villa or a townhouse will not find one here, because the entire scheme is apartments.
How much does an apartment at Compound Aster New Cairo cost?
Apartment prices at Compound Aster New Cairo start from EGP 6,000,000, with the final figure set by unit area, floor level and view type inside the compound. Prices were updated in June 2026 and remain subject to the developer’s release policy and market movement.
Reading that entry price in isolation understates it. An EGP 6,000,000 starting point buys into Golden Square, inside a low density scheme with lagoon and garden frontage, at a level that several neighbouring Fifth Settlement compounds open above. A lagoon facing apartment and a garden facing apartment of identical size will not be quoted the same, so the meaningful number is always the quote against a specific area, floor and orientation rather than the published entry figure.
Payment plan, cash discount and maintenance terms
The payment structure pairs a low entry deposit with a long interest free term, which is the combination that moves a unit of this price from an outright purchase into a monthly commitment. Times Developments also priced a substantial incentive for buyers holding liquidity, so the plan reads very differently depending on whether the buyer is financing or paying outright.
- Contract deposit starting from 10% of the total unit value.
- A further 10% instalment payable at handover.
- The remaining balance across equal instalments over up to 8 years with no interest.
- A cash discount of up to 30% for buyers settling the full unit value at once.
- Maintenance fees of 8% of the unit value.
Spreading 80% of the price over eight equal instalments pulls the monthly figure close to what many tenants already pay in rent across the same district, which is why the plan speaks directly to renters converting into owners. The 30% cash discount works on the opposite logic, cutting the effective purchase price for an investor who accepts the loss of instalment flexibility. Buyers should budget the 8% maintenance charge separately, since it sits outside the instalment schedule.
Handover timing and building specification
Times Developments sets handover at two years from the contract date, with the second 10% instalment tied to that milestone. Each block is delivered as a ground floor with five repeated floors, served by two elevators and a control room, which are the operational elements that determine how the building performs from day one. Because the delivery clock starts at signature rather than at a fixed calendar date, the handover month varies from one contract to the next.
The finishing specification is not published in the project data, so the finishing level and any delay clause should be confirmed in writing with the developer before signing. Verifying both points at contract stage is standard practice on a first project in a new city, and it costs nothing to ask.
Read More: Project N Line Suites Sixth Settlement, New Cairo
Amenities: a hotel, a retail spine and a 2,500 m² health club
The services programme is built for self sufficiency inside the gate, which is a demanding brief on a 35 acre plot. The wide open area released by the 16% building footprint is what makes room for facilities of this scale in a scheme of only 300 apartments.
- A health club spanning 2,500 m² covering a range of sporting disciplines.
- Green areas and water features occupying 85% of the 35 acre site.
- An international hotel inside the compound serving residents and visitors.
- A large commercial zone carrying international retail brands.
- A spa and jacuzzi alongside a varied sports activity programme.
- Multiple restaurants and cafés across different cuisines.
- A large garage organising resident parking inside the project.
- Round the clock security with modern surveillance equipment and trained personnel.
Placing an international hotel and a full retail zone inside a compound of 300 apartments changes the rental proposition, because those facilities serve a catchment far wider than the resident base. For an owner planning to lease, hotel and retail operations on site are a tenant draw that a purely residential compound of the same size cannot offer. The 2,500 m² health club carries the daily lifestyle load for residents who do not want a membership outside the gate.
Times Developments, the company behind the project
Times Developments carries more than 35 years of activity in the Egyptian property market and was founded by Eng. Ahmed Abdel Latif and Mr. Ahmed El Sergany. Its ownership connects to a wider group of property and investment entities including Ofok, El-Rabwa and Green Waves, which gives the company an institutional base broader than the Aster brand alone suggests.
The company’s delivery record sits in Sheikh Zayed, where it built the integrated communities Zayed Complex, Zayed Dunes and Zayed Regency. That portfolio is the practical reference for judging execution capability at Aster, since the project applies the same integrated community model in a new city. Aster being the company’s first New Cairo scheme is the one variable a buyer should weigh, and the answer to it lies in the Zayed track record rather than in the brochure.
Investment reading for Aster Fifth Settlement
Several stated attributes point the same direction on value retention. The Golden Square address on South 90th Street sits inside a mature, high demand property radius, and the ten minute link to the New Administrative Capital ties the project to a population and services engine that is still expanding. Scarcity works in the owner’s favour as well, since 300 apartments on 35 acres at a 16% building ratio is a supply cap that high density neighbours cannot replicate.
On the risk side, the developer’s link to an established group of companies and its completed Sheikh Zayed communities reduce execution risk, while the fact that this is a first New Cairo project justifies a close reading of the handover schedule and its clauses. On buyer fit, the compound suits an end user wanting a full service address in Golden Square and an investor wanting a leasable apartment beside hotel and retail operations. It does not suit a buyer looking for a standalone villa, because the offering is apartments only. This analysis is for guidance and is not investment advice.
Frequently asked questions
Who is the developer of Aster Residence New Cairo?
Compound Aster New Cairo is developed by Times Developments, a company with more than 35 years in the Egyptian market founded by Eng. Ahmed Abdel Latif and Mr. Ahmed El Sergany. Its previous communities include Zayed Complex, Zayed Dunes and Zayed Regency in Sheikh Zayed.
Read More: Compound The Valleys Sixth Settlement
How large is the land area of Aster New Cairo?
Compound Aster New Cairo spans 35 acres, roughly 147,000 m², with buildings covering only 16% of the plot and green areas and water features taking 85%. The site holds 12 residential blocks of ground floor plus five storeys, totalling 300 apartments.
Does Aster New Cairo offer a cash discount?
Compound Aster New Cairo offers a cash discount of up to 30% for buyers paying the full unit value at once. The instalment alternative runs from a 10% contract deposit and a 10% handover payment, with the balance spread over up to 8 years without interest.
When are Aster New Cairo units delivered?
Compound Aster New Cairo hands over units two years from the contract date, with a 10% instalment falling due at that stage. Every block is delivered as a ground floor with five repeated storeys, fitted with two elevators and a control room per building.
The bottom line
Compound Aster New Cairo is a narrow, deliberate proposition: 300 apartments only, on 35 acres of Golden Square, at a 16% building ratio, from EGP 6,000,000 with 10% down and up to 8 years of interest free instalments. Its low density, its lagoon and garden frontage, and its South 90th Street position are the three attributes that define its value for both an end user and an investor. To check updated pricing or arrange a viewing, reach out through the form on this page.
Read More: Stone Park New Cairo Compound