Compound Elen New Cairo occupies a plot where three of East Cairo’s busiest routes converge, inside the New Andalus district of New Cairo (Fifth Settlement). Concrete Developments placed the project two minutes from South 90th Street, two minutes from the Middle Ring Road and Sokhna Road, and ten minutes from the New Administrative Capital, so a single 5 acre site sits within reach of three separate growth corridors at once.

That plot size explains almost everything else about the project. Eight buildings on 5 acres produce a limited unit count, wider gaps between blocks, and windows that face landscaping rather than each other. Entry opens at EGP 4,420,000 for a 75 m² studio against a 5% down payment, which positions the compound in front of first-time buyers and rental investors rather than families hunting for a standalone villa.

Who is Elen New Cairo actually built for?

Compound Elen New Cairo targets first-time buyers, couples and small families, and investors chasing rental demand around the American University in Cairo. Its unit mix runs from a 75 m² studio to a 281 m² duplex, so it serves compact and mid-sized budgets far better than large-family villa buyers.

The 5% entry payment reinforces that positioning. A buyer commits roughly EGP 221,000 on the 4,420,000 studio before the first instalment falls due, a threshold closer to a car purchase than to the 10% and 15% down payments several Fifth Settlement launches ask for. Investors read the same figure differently, because a low entry lets them hold a unit through construction with very little capital locked up.

Concrete Developments and the record standing behind the project

Concrete Developments entered the Egyptian real estate market in 2018 and has since executed more than 80 residential, commercial and administrative projects, the majority of them inside New Cairo. The company builds its identity around site selection and states it plainly in its published slogan, Location Matters, which shows up in a portfolio clustered along the district’s main axes instead of scattered across unrelated new cities.

Its commercial and administrative work includes C Yard Mall and O Yard Mall in the Fifth Settlement, while the residential line covers Jady Residence and Gowar Residence, alongside standalone buildings across Narges, New Narges, Beit Al Watan, Qarnfel, Lotus and Andalus. Concentrating that many projects inside one district gives a buyer at Compound Elen New Cairo something genuinely useful. Finished, occupied buildings by the same developer sit within a short drive and can be inspected before a contract is signed.

Where does Elen New Cairo sit, and what does the location connect to?

Compound Elen New Cairo sits in the New Andalus district of New Cairo, two minutes from South 90th Street and the Middle Ring Road, five minutes from the American University in Cairo, and ten minutes from the New Administrative Capital. It stands directly beside Hyde Park, the largest green expanse in the Fifth Settlement.

Those three routes each do a different job for a resident. South 90th Street carries the Fifth Settlement’s retail, banking and schooling spine, the Middle Ring Road pushes traffic west toward the rest of Cairo, and Sokhna Road opens the Red Sea coast for short breaks without crossing the city first. Very few compact projects in the district touch all three within the same drive time.

South 90th Street, the Fifth Settlement’s main commercial artery and service centre, two minutes away.
Middle Ring Road, the westbound link toward the rest of Greater Cairo, two minutes away.
Sokhna Road, the direct route to the Red Sea coast, two minutes away.
The American University in Cairo (AUC), five minutes away, which makes the smaller units practical for students and faculty.
New Administrative Capital, ten minutes away through the direct axes.
Hyde Park, the Fifth Settlement’s largest green space, immediately adjacent to the compound.
The institutes and universities zone, neighbouring the site and widening the tenant pool beyond one campus.
Pixel Business Center Mall and Golden Hub Mall, both inside the immediate radius for shopping and daily services.

Hyde Park deserves more weight than a distance figure suggests. A resident of the compound borrows a large public green lung without carrying it inside the compound’s own maintenance fee, and the adjacency also limits how densely the immediate surroundings can be rebuilt later. Combined with the malls and the campuses in the same radius, a household covers education, shopping and leisure without leaving a few minutes of road, which is the kind of catchment that holds unit value through market cycles and keeps a unit easy to let.

A five acre masterplan engineered for low density

Compound Elen New Cairo spans 5 acres and comprises 8 residential buildings of uniform height, each rising a ground floor plus five upper storeys above a basement that runs under the full plot. Pushing every parking bay underground frees the ground plane for walkways, planting and water features instead of asphalt, which is the single planning decision that makes a small site feel open.

Concrete Developments spaced the blocks so units look onto landscaping rather than into facing windows, the practical payoff of putting only eight buildings on a plot this size. The arrangement lifts each apartment’s share of daylight and cross ventilation, and it keeps every facility within a walk of every front door, because nothing inside the compound sits more than a few hundred metres from anything else.

Unit types, sizes and bedroom counts

The unit ladder climbs from a single studio format to a three bedroom duplex, covering the individual buyer, the small family and the mid-sized household inside one gate. The table below sets out each type with its area, bedroom count, published instalment price range and average instalment rate per square metre.

Unit type	Bedrooms	Area (m²)	Instalment price (EGP)	Average rate per m² (EGP)
Studio / apartment	1	75	From 4,420,000	59,000
Apartment	2	100 to 116	5,050,000 to 6,577,000	54,500
Apartment	3	150 to 239	7,500,000 to 13,264,000	59,000
Duplex	3	232 to 281	11,776,000 to 15,955,000	53,500

The 75 m² studio is the quickest format to let inside a university catchment, which is why it anchors the investor case rather than the family one. Two bedroom apartments from 100 m² fit couples and households with a first child, while the three bedroom apartments stretch to 239 m² for families that want living and dining fully separated.

The duplexes sit at the top of the ladder, from 232 to 281 m² across two levels. They deliver villa scale floor area without leaving the apartment price band of the district, and they carry the lowest average rate per square metre in the project. A buyer who needs the space but not the garden gets the better value per metre here than anywhere else on the price list.

How much is the price per meter at Compound Elen New Cairo?

The price per meter at Compound Elen New Cairo starts from EGP 50,000, with unit prices opening at EGP 4,420,000 for the 75 m² studio, EGP 5,050,000 for a two bedroom apartment and EGP 7,500,000 for a three bedroom apartment. Prices were updated for 2026 during a limited launch phase.

The rate per metre does not simply climb with unit size, which is worth reading closely before choosing a format. Duplexes carry the lowest average rate at EGP 53,500 per metre, two bedroom apartments average near EGP 54,500, and both the studio and the three bedroom apartments average close to EGP 59,000. A buyer optimising purely for floor area per pound gets more from the larger formats than from the entry unit.

These figures belong to a launch allocation with a capped number of units, and Concrete Developments adjusts them as sales stages progress. Treat any published price list as a snapshot and confirm the live figure for a specific unit and floor before building a budget around it.

Payment plan and the costs quoted outside the unit price

The plan opens with a 5% down payment and spreads the balance across up to 8 years, the lowest entry threshold in the project’s price band. The complete cost picture, however, includes several items billed separately from the unit price itself, and each one belongs in the calculation before a reservation is signed.

5% down payment of the unit value, with the remainder in instalments across up to 8 years.
Cash discount of up to 25% for buyers settling in full, a steep incentive that reflects the developer’s push to accelerate collection during the launch window.
Refundable reservation deposit of EGP 50,000, paid to hold a specific unit while paperwork is completed.
Maintenance fee of 8% of the unit value, funding the upkeep of the facilities, landscaping and security systems.
Parking space at EGP 150,000, added on top of the unit price rather than bundled into it.

Run the two routes side by side before deciding. On the 4,420,000 studio, a 25% cash discount removes roughly EGP 1,105,000 from the price, while the instalment route leaves that capital in your hands across eight years. Which one wins depends on what else your money can earn over the same period, and on whether the 8% maintenance charge and the 150,000 parking fee sit inside or outside your ceiling.

The pairing of a 5% down payment with an eight year horizon is what widens the buyer pool here. It pulls the monthly instalment below what comparable Fifth Settlement apartments demand on shorter schedules, and it lets a household enter the district at a price point that a 10% or 15% deposit would have closed off entirely.

Amenities compressed into a walkable footprint

Concrete Developments fitted a full service package into 5 acres, and the compression changes how the amenities behave day to day. Nothing needs a buggy or an internal road trip, and every facility stands within a short walk of every building entrance.

Smart security system with electronic gates and camera coverage running around the clock.
Underground parking in the basement that extends beneath the entire plot.
Green spaces threaded with artificial lakes and water fountains between the blocks.
Swimming pools in varied formats sized for different age groups.
Sports courts covering padel and football.
Clubhouse with a modern gym and a spa for recovery and relaxation.
Commercial area holding shops and restaurants for daily needs.
Children’s zones laid out as enclosed, supervised play areas.

The retail strip and the clubhouse carry the most weight for resale and rental performance. A tenant who can buy groceries, train and eat without passing the gate pays for that convenience in rent, and a compact compound that still hosts a health club and a commercial row is self sufficient in a way most 5 acre projects never manage. Underground parking reinforces the same point, since surface parking is the first thing that degrades a small compound’s landscaping.

Semi-finished handover and what it means for your budget

Units at Elen New Cairo hand over semi-finished, meaning walls, floors and service connections arrive ready for the owner’s own interior specification. The trade is straightforward. The purchase price sits below a fully finished equivalent, and the buyer takes on both the finishing budget and the finishing timeline.

For an investor the arrangement usually works in favour. Finishing level can be matched to the tenant being targeted rather than inherited from a developer specification, and a unit fitted for the student market costs less than one fitted for a family lease. For an end user it means budgeting a second sum after the instalments begin, and Fifth Settlement finishing costs move with material prices, so the number should be priced close to handover instead of assumed at contract.

The contractual handover schedule is fixed in the sales contract for each building and phase, so confirm the current date attached to the specific unit you are reserving. Ask for it in writing alongside the payment schedule, since the finishing budget and the handover date govern each other.

How a compact compound compares with the district’s larger communities

Most New Cairo compounds carrying a clubhouse and a retail row occupy dozens or hundreds of acres and sell several thousand units. Compound Elen New Cairo delivers the same category of facilities on 5 acres across 8 buildings, and the difference surfaces in three places: the service charge base, the distance travelled inside the gate, and the number of neighbours sharing the amenities.

A small owner base spreads maintenance across fewer units, which is exactly why the 8% fee deserves attention rather than a glance. In exchange, walking distances collapse, the security perimeter is short enough to be controlled properly, and the resident profile stays narrow and predictable. Buyers who want an internal school, a golf course or a lake district will not find them here, and that is a decision about scale rather than about build quality.

Is Elen New Cairo a sound investment?

Compound Elen New Cairo rests its investment case on three measurable facts: a site at the intersection of South 90th Street, the Middle Ring Road and Sokhna Road, a ten minute drive to the New Administrative Capital where East Cairo’s construction activity is concentrated, and a developer with more than 80 completed projects since 2018.

Rental demand is the clearest lever in that set. Five minutes from the American University in Cairo, studios and small apartments turn over faster than any other format in the district, and the 75 m² unit at EGP 4,420,000 is the cheapest way into that catchment inside this project. The neighbouring institutes and universities zone broadens the tenant pool past a single campus, which matters during summer months when one university empties.

The counterweight is the rate per metre. An average band of EGP 53,500 to 59,000 per metre sits high against several projects in the same district, and 5 acres delivers none of the amenity scale a several hundred acre community can fund. A buyer should price a comparable unit in two or three neighbouring New Cairo compounds first, then fold the 8% maintenance charge and the 150,000 parking cost into any yield calculation before treating the headline price as the real one.

This analysis is offered for guidance only and does not constitute investment advice.

Frequently asked questions about Elen New Cairo

What is the starting price at Compound Elen New Cairo?

Compound Elen New Cairo starts at EGP 4,420,000 for a 75 m² studio, EGP 5,050,000 for a two bedroom apartment and EGP 7,500,000 for a three bedroom apartment, with duplexes reaching EGP 15,955,000 at 281 m². Prices were updated for 2026 and move as sales stages close.

Where is Elen New Cairo located?

Compound Elen New Cairo lies in the New Andalus district of New Cairo, two minutes from South 90th Street, the Middle Ring Road and Sokhna Road, five minutes from the American University in Cairo, and ten minutes from the New Administrative Capital, directly beside Hyde Park.

Is Elen New Cairo semi-finished or fully finished?

Compound Elen New Cairo delivers units semi-finished, leaving the owner to complete interiors to their own specification and budget. Contracts open with a 5% down payment across up to 8 years, a refundable EGP 50,000 reservation deposit, and a maintenance fee of 8% of the unit value.

What are the drawbacks of Elen New Cairo?

Compound Elen New Cairo carries a relatively high rate per metre against parts of the district, and its 5 acre footprint cannot match the amenity scale of sprawling compounds. Offsetting that, 8 buildings on 5 acres keep density low, privacy high, and every facility within walking distance.

The verdict on Elen New Cairo

Compound Elen New Cairo pairs a three axis location in New Andalus with a deliberately small 5 acre footprint, 8 low-rise buildings, and units running from a 75 m² studio to a 281 m² duplex. A 5% down payment across 8 years, semi-finished handover and a 25% cash discount give buyers two clearly different routes to the same unit, backed by Concrete Developments and its record of more than 80 projects.

To check updated prices, current availability or to arrange a viewing, get in touch through the form on this page.

Compound Elen New Cairo

About the Project