Blanks New Cairo is a serviced residential compound developed by Manaj Developments inside the South Investors Area of the Fifth Settlement, and it is built on a product idea that almost no other address in the district is selling: the managed hotel apartment. Instead of handing over a bare shell and leaving the buyer to spend a year finishing it, Manaj Developments delivers every unit fully finished down to the kitchen cabinetry and the air conditioning, then wraps the buildings in round-the-clock hotel services that the company itself operates. The compound sits minutes from the American University in Cairo and the German University in Cairo, which anchors the whole commercial logic of the project in one place.

That combination narrows the buyer profile sharply and usefully. Published prices run from EGP 6,322,000 for a one-bedroom apartment up to EGP 15,277,000 for the largest two-bedroom units, with a 10% down payment, instalments stretching to 12 years, and a 30% discount for anyone settling the full value in cash. The sections below work through the location, the building layout, the unit mix, the price ladder, the payment terms and the facilities, then close with an honest reading of who the project fits and who it does not.

What makes Blanks different from a standard Fifth Settlement compound?

Blanks New Cairo sells managed hotel apartments rather than conventional residential units, so each apartment arrives fully finished with kitchen and air conditioning installed, and Manaj Developments runs hotel-grade services inside the compound around the clock. The buyer receives an income-ready asset at handover instead of a construction project.

The practical consequences of that model reach further than the marketing language suggests. A uniform finishing specification across every unit keeps the buildings visually consistent and makes them far easier to operate and lease as a single managed pool, which is exactly why the developer standardised the specification rather than offering finishing options. It also removes two costs most Fifth Settlement buyers absorb quietly: the finishing budget, which routinely adds a six-figure sum to a compact apartment, and the eight to twelve months of dead time before the unit can be occupied or rented.

The trade-off is that the buyer inherits a fixed specification and an operating model rather than a blank canvas. Anyone who wants to design their own interiors, change the layout, or hold the unit outside a serviced arrangement will find the proposition works against them. The compound is engineered for yield and convenience, not for personalisation.

Where is Blanks New Cairo located?

Blanks New Cairo occupies a plot in the South Investors Area at the centre of the Fifth Settlement, a few minutes from the American University in Cairo and the German University in Cairo. The Mohamed Naguib Axis carries traffic to and from the compound and connects it onward to 90th Street and the wider New Cairo road grid.

The South Investors Area is one of the denser service pockets in New Cairo, holding universities, retail clusters and established residential blocks within a short radius rather than on the far edge of a still-forming district. That maturity matters for a serviced product, because the tenant base already exists and does not need to be created by ten more years of urban growth. Students, visiting faculty, university staff and the professionals working around the academic campuses form a demand pool that renews every academic year regardless of what happens to the broader sales market.

Access is the second half of the location argument. The Mohamed Naguib Axis, the artery linking the Fifth Settlement to the rest of New Cairo and onward toward the New Administrative Capital, lets residents move without threading through the congested internal spines of the district. Several market listings also cite the Gamal Abdel Nasser Axis as a nearby feeder, which is consistent with the plot sitting between the two main east-west corridors of southern New Cairo.

Landmarks and drive times around the compound

The American University in Cairo and the German University in Cairo sit minutes away, and together they drive the rental demand that underpins the project.
South 90th Street, the retail and dining spine of the Fifth Settlement, is roughly a six-minute drive according to published listings.
Cairo International Airport is quoted at about 38 minutes by car through the axis network, which serves frequent travellers and short-stay tenants.
The Suez Road is reachable in roughly 24 minutes, and the Ain Sokhna road in about 35 minutes, opening the weekend corridor to the Red Sea.
Rehab City, Madinaty and Shorouk City lie close by as fully serviced communities that lift the value of the surrounding catchment.
Neighbouring compounds including Jady Residence and Zia Residence give the buyer a direct local benchmark for comparing price per metre.

Manaj Developments, the company behind Blanks

Manaj Developments is a relatively young Egyptian developer that has chosen to concentrate on the Fifth Settlement rather than spread across multiple new cities, and it is led by Engineer Abdel Moamen Gheita and Engineer Mohamed Hussein. Its portfolio in New Cairo also includes Holm Residence, which keeps the company inside the same district and the same compact-unit category rather than pushing it into unfamiliar product lines.

The narrow focus cuts both ways for a buyer assessing risk. On one side, a developer building one product type in one district accumulates specific operational knowledge fast, and the identity of the project reads clearly because the company is not trying to be everything at once. On the other side, a short corporate history means the long delivery record that older Egyptian developers point to simply does not exist yet, and there is no completed handover cycle to inspect.

That is a factual gap, not an accusation, and it should be weighed like any other line item. A buyer comparing Blanks New Cairo against a compound from a developer with two decades of completed projects is comparing a sharper product against a longer track record, and the price per metre should reflect where each of those sits.

Architecture, building layout and density

The masterplan of the compound was prepared with specialist consultancy input, and market sources credit the architectural concept to Omar Aqil, a designer whose portfolio leans heavily on hospitality work including the Dusit Hotel and Lake View Villas. That background explains why the elevations, the shared circulation areas and the interior specification read like a hotel rather than a residential block, which is the entire point of the product.

The buildings rise as a ground floor plus four upper storeys, with only four apartments on each floor and ceiling heights of three metres. Low-rise massing at that density produces two things buyers can feel daily: quiet common corridors with few neighbouring doors, and generous spacing between blocks so that windows look onto planted areas instead of directly into another façade. Green space and open landscaping thread between the buildings rather than being pushed to a single perimeter garden.

One figure is worth treating with caution. Third-party listings put the land at roughly 8 acres, about 33,600 m², while others quote a smaller plot, and Manaj Developments has not published a confirmed land area on the record we hold. Anyone using land size to calculate built-up ratio or plot density should ask the sales team for the licensed figure in writing before treating it as fact.

Unit types and sizes on offer

The unit mix at Blanks New Cairo stays deliberately compact, running from studios through one-bedroom apartments to two-bedroom apartments, with areas beginning at 48 m² and topping out at 104 m². Compact floor plates keep the total ticket price within reach of individual buyers and raise the rental yield per metre, which is the arithmetic a serviced apartment scheme depends on.

Unit type	Bedrooms	Area (m²)	Price starts from (EGP)
Studio	Open plan	From 55	Not published
Serviced apartment	One bedroom	48 to 78	6,322,000
Serviced apartment	Two bedrooms	104	10,937,000

Studios start at 55 m² and target the lowest entry cost in the project, which makes them the natural instrument for an investor buying purely for rental income. The one-bedroom apartment spans 48 m² to 78 m² and is the volume category here, because a single-bedroom serviced unit close to two universities is the easiest thing in the building to keep occupied.

The two-bedroom apartment at 104 m² serves a different buyer entirely. It suits a small family or a couple who want a spare room while keeping the serviced character of the building, and it is the only configuration in the project that works as a genuine primary residence rather than an income unit. Larger families looking for three bedrooms or more will not find a fit here.

A discrepancy sits inside the published size data and deserves a flag. The stated studio floor of 55 m² is larger than the stated one-bedroom floor of 48 m², which is the reverse of the usual hierarchy, and it points to inconsistent figures between the sources reporting the project. Confirm the exact area of the specific unit you intend to buy, in writing, before signing anything.

How much do apartments at Blanks cost?

Prices at Blanks New Cairo begin at EGP 6,322,000 for a one-bedroom apartment, while two-bedroom apartments open at EGP 10,937,000 and rise to EGP 15,277,000 depending on area, floor level and position within the compound. The figures reflect 2026 source data and cover units delivered fully finished, so no additional finishing budget is required after handover.

Dividing price by area gives a clearer picture than the headline number does. The entry one-bedroom works out at roughly EGP 131,700 per m², the entry two-bedroom at roughly EGP 105,200 per m², and the top two-bedroom at roughly EGP 146,900 per m². The two-bedroom entry point is therefore the cheapest square metre in the project, which is unusual and makes it the strongest value line for a buyer who can reach that ticket size.

Those levels sit above several neighbouring Fifth Settlement compounds where entry pricing begins nearer EGP 5.4 million to EGP 6.6 million for a comparable footprint. The gap is not arbitrary. A buyer here is paying for a completed interior, a fitted kitchen, installed air conditioning and an operating services layer, none of which appear in the price of a shell unit next door. Whether the premium is worth paying depends entirely on whether the rental income the serviced model produces exceeds what the same capital would earn in a conventional apartment.

Payment plans, booking deposit and the cash discount

Manaj Developments structures the sale around a 10% down payment with the balance spread across a term reaching 12 years, and it holds a unit against a serious booking deposit of EGP 100,000. Maintenance is charged at 10% of the unit value, and a 30% discount applies to buyers settling the full price in cash.

Down payment: from 10% of the unit value at contract.
Instalment term: up to 12 years on the remaining balance.
Booking deposit: EGP 100,000 to reserve the unit at the start of contracting.
Cash discount: 30% off the unit value for full immediate settlement.
Maintenance charge: 10% of the unit value.
Model units are available to view before booking, so the finishing standard can be inspected rather than assumed.

The spread between the two ends of that structure is unusually wide and turns the payment decision into a pricing decision. A 30% cash discount on a EGP 6,322,000 one-bedroom removes close to EGP 1.9 million from the purchase, which is a larger swing than most Fifth Settlement developers offer and effectively reprices the unit into a different tier. A buyer with liquidity should model both routes before assuming the long instalment plan is automatically the better use of capital.

Finishing standard and handover terms

Blanks New Cairo delivers units fully finished with the kitchen and air conditioning included, within a period not exceeding three years from the booking date. The single finishing specification applied across the project is an operating requirement of the serviced model rather than a styling choice.

Standardisation protects the asset in a way individual finishing never does. When every apartment matches, the building holds one visual and functional standard, management can maintain and re-let units without renegotiating specifications, and no single owner can drag the tone of a floor downward with an incompatible fit-out. For an investor, it also means the unit can be advertised the day the keys arrive.

The counterweight is straightforward off-plan exposure. A three-year construction window places the buyer in the position of funding a building that does not exist yet, carrying the risk of schedule slippage and cost inflation across that period, and that risk is priced into a lower entry cost than a ready unit would command. No specific calendar handover year and no delay penalty clause appear on the record we hold, so both should be requested in writing and read carefully before signing.

Facilities and 24/7 services

The services layer at Blanks New Cairo merges the leisure facilities a Fifth Settlement compound normally provides with hotel operations running around the clock, which is the line separating this project from a conventional gated community. The mix spans leisure, sport, retail, workspace and security, so a resident can cover an ordinary day without leaving the gate.

Multiple swimming pools distributed across the compound rather than concentrated in one cluster.
Professional padel courts and a gym fitted with current equipment.
A social club with dedicated space for gatherings and resident activities.
Restaurants and cafés operating inside the project.
An integrated commercial area covering routine daily shopping.
Administrative offices for residents who work close to home.
Luxury hotel services available 24/7.
Security and guarding on a round-the-clock roster.

The commercial and administrative components carry an investment consequence that is easy to overlook. Retail units and offices generate daily footfall inside the compound, and that footfall sustains demand for the residential units let on short and medium terms. In a project whose tenant base leans on university traffic and serviced stays, an active ground plane is not decoration but part of the yield mechanism.

Who the project suits, and who it does not

Three facts already established carry the investment case. Proximity to the American University in Cairo and the German University in Cairo supplies a rental pool that refills each academic year, full finishing removes the gap between handover and first rent cheque, and the managed serviced format lifts income per metre above what an equivalent unfurnished apartment achieves. Together they point the project at an investor buying for yield rather than a family buying for space.

Against that sit three deductions of equal weight. The price per metre runs above several neighbouring Fifth Settlement compounds, so the rental performance has to be strong enough to justify the premium rather than merely acceptable. The developer is young and its long-term delivery record is still being written. The three-year off-plan window transfers construction-period risk to the buyer, and no published delay penalty offsets it.

Blanks New Cairo therefore fits an investor who understands how a serviced apartment earns, accepts off-plan risk, and wants a unit that is rentable on day one near a captive academic catchment. It does not fit a buyer looking for a large family home, an immediate handover, a three-bedroom layout, or the lowest price per metre available in the Fifth Settlement. This analysis is offered for guidance and is not investment advice.

How Blanks compares with nearby Fifth Settlement projects

Jady Residence and Zia Residence sit close enough to act as a live price benchmark, and both trade in the same compact-unit territory inside New Cairo. Reading the three side by side is the fastest way for a buyer to see what the serviced premium actually costs, because the land, the district services and the road access are broadly shared while the product specification is not.

The wider comparison set reaches into Rehab City, Madinaty and Shorouk City, where completed communities offer proven services and immediate occupancy at the cost of the newer specification and the hotel operating layer. A buyer weighing a resale unit in one of those against an off-plan unit at Blanks New Cairo is really choosing between certainty today and a higher-specification asset in three years.

One comparison metric matters more than the rest for this particular project. Take the achievable monthly rent for a furnished one-bedroom near the American University in Cairo, annualise it, and set it against the roughly EGP 131,700 per m² entry cost. If that ratio beats what a conventional Fifth Settlement apartment returns after a finishing budget is added, the premium is earning its keep. If it does not, a cheaper shell unit elsewhere is the better trade.

When does Blanks hand over units?

Blanks New Cairo hands over units within a maximum of three years from the booking date, fully finished with the kitchen and air conditioning fitted. Manaj Developments applies one finishing standard to every apartment, which supports the hotel operating model and spares the buyer any post-handover finishing cost or delay.

Summary

Blanks New Cairo delivers a clearly defined product: compact serviced apartments from 48 m², finished to a single hotel standard, minutes from two international universities in the South Investors Area, priced from EGP 6,322,000 with terms reaching 12 years. Its strength lies in day-one rentability beside a permanent tenant catchment. Its weak points are a price per metre above the local field and a developer still building a delivery record. To confirm current prices or arrange a viewing, send a message through the form on this page.

Blanks New Cairo

About the Project