Fifth Settlement

Eelaf Residence Compound New Cairo

Eelaf Residence Compound New Cairo by ERG Developments on the Suez Road: apartments, duplexes and penthouses from EGP 4,978,000 with 10% down over 8 years.

Prices change frequently
28 acres
Area
Fifth Settlement
Location
ABOUT THE PROJECT

About the Project

Eelaf Residence Compound New Cairo divides its 28 acres almost evenly between homes and shops, a split that few gated projects of this size on the Suez Road corridor publish openly. ERG Developments, the Egyptian developer also known as Emaar Rizk Group, allocated 50% of the land to residential buildings and 50% to commercial units, which turns the site into a working neighbourhood instead of a closed cluster of residential blocks. Apartments open at 85 m² and unit prices start from EGP 4,978,000.

The compound fronts the Suez Road inside New Cairo (Fifth Settlement) and sits directly beside the Ring Road, which puts Al Rehab three minutes away and Cairo International Airport ten. Buyers enter with a 10% contract down payment, settle the balance across installments reaching eight years, and reserve a unit with EGP 50,000. That structure aims at households working with a mid-range budget close to EGP 5 million who want an address on a main artery rather than a plot buried inside a residential grid.

A 28-acre masterplan built half for living and half for trading

The masterplan spans 28 feddans, and ERG Developments split that land 50% residential and 50% commercial. Very few New Cairo compounds commit half their footprint to retail, so residents reach shops, services and food outlets without leaving the gates or joining Suez Road traffic. The commercial half also gives the project a second buyer pool, since shop and service units attract operators rather than only families.

Buildings rise to a ground floor plus five repeated floors, a mid-rise profile that keeps density moderate and spreads units evenly over the open areas between blocks. Architect Hafez Mohamed Hafez handled the architectural design, shaping the façades and the internal unit divisions around privacy between neighbouring flats. Green areas, walking routes and dedicated tracks sit between the residential clusters and the retail strip, so the two halves of the compound connect on foot instead of by car.

Where is Eelaf Residence Compound New Cairo located?

Eelaf Residence Compound New Cairo sits on the Suez Road in New Cairo, immediately adjacent to the Ring Road. The location places Al Rehab within 3 minutes, Cairo International Airport and The American University in Cairo within 10 minutes each, and both the New Administrative Capital and New Heliopolis within 15 minutes by car.

Frontage on the Suez Road matters more than a generic New Cairo address, because the road feeds straight into the Ring Road and from there into Nasr City, Heliopolis and the eastern exits toward the New Administrative Capital. Daily commuters avoid the internal congestion that builds up inside the Fifth Settlement grid during peak hours. That access value is priced into resale and into rental demand, since tenants in this part of Cairo choose almost entirely on drive time.

DestinationDrive time from the compound
Al Rehab City3 minutes
Cairo International Airport10 minutes
The American University in Cairo10 minutes
New Administrative Capital15 minutes
New Heliopolis15 minutes
Ring RoadDirectly adjacent

The surrounding service ring is already built rather than promised. El Shorouk City lies a short drive north, Cairo Festival City Mall anchors retail to the west, and Zed Mall along with The Lark Mall add further shopping, dining and cinema options within the same catchment. A buyer moving in does not wait for a district to mature, because schools, universities, hospitals and malls in this radius already serve the existing population of Al Rehab, El Shorouk and the Fifth Settlement.

Read More: Compound Zizinia New Cairo

Who is ERG Developments, the company behind the project?

ERG Developments, registered in Arabic as Emaar Rizk Group, formed in 2005 through the merger of four companies owned by Mr. Mohamed Rizk. Those four entities covered real estate development under ERD, property investment under Emaar Rizk Real Estate, marine navigation under Emaar Rizk Navigation, and timber import and export under Emaar. Merging them gave the developer a capital and operations base considerably wider than a newly incorporated developer starts with, and it explains why the group builds residential, retail and administrative products rather than one asset class.

The portfolio stretches across New Cairo, the New Administrative Capital and the Delta cities, which spreads the company’s exposure over several separate markets. Its published projects include:

  • Ri8 Compound in the New Administrative Capital, a residential development
  • Monorail Tower Mall in the New Administrative Capital
  • Diamond Tower and Diamond Tower 2, two commercial and administrative towers in the New Administrative Capital
  • City Live, a villa compound in Ras El Bar built in partnership with the Housing and Development Bank
  • City Live 2, a residential project in Damietta
  • Standalone residential and commercial projects in Damietta and Mansoura

That mix carries a practical benefit for anyone assessing execution risk. A developer holding delivered stock in the New Administrative Capital, Ras El Bar and Damietta is not dependent on a single market cycle, and a buyer can inspect finished ERG buildings before signing rather than judging the company on renders alone. The partnership with the Housing and Development Bank on City Live also puts an institutional counterparty on part of the record.

Unit types and sizes inside the compound

The residential mix runs from mid-size apartments through duplexes to standalone penthouses in the newest phase, so the compound covers small families and larger households inside one gate. The table below summarises the released types and their areas according to the developer’s data.

Unit typeArea (m²)BedroomsPhase
Apartments85 to 200Small to mid-size family layoutsResidential phases
DuplexesAvailable within the released mixSplit over two levelsResidential phases
Zoomers Penthouse155 to 290Larger family layoutsSignature

Apartments carry the widest band, from 85 m² up to 200 m². The lower end of that range suits a couple or a small family buying a first owned home in New Cairo, while the 150 m² to 200 m² layouts fit households that need a third bedroom plus a reception large enough to host. Because the band is continuous rather than clustered at one size, a buyer can match the unit to the budget instead of stretching to the next available layout.

Duplexes sit above the apartments in the same buildings and distribute living space over two internal levels. The format separates the sleeping floor from the reception floor inside a single unit, which is the main reason buyers choose it over a flat of comparable area. Families with teenagers and buyers who work from home tend to be the natural audience for this layout.

The Signature phase and Zoomers Penthouse

ERG launched Signature as the highest tier inside the compound, and it introduces standalone penthouse units branded Zoomers Penthouse with areas between 155 m² and 290 m². These are the largest homes in the project and the only ones positioned as independent units within their phase rather than as apartments stacked in a standard block. The design brief prioritised generous floor area and separation from neighbouring homes.

The target buyer is an extended family that wants its members close together without sharing the same walls and entrances. At 290 m² the top layout approaches townhouse floor area while keeping the security, maintenance and shared amenities of an apartment community, which is a trade many New Cairo buyers make deliberately. Signature therefore sets the ceiling of the price range in a project whose entry point is deliberately low.

How much do units at Eelaf Residence Compound New Cairo cost?

Unit prices at Eelaf Residence Compound New Cairo start from EGP 4,978,000 according to the 2026 price list, with a 10% contract down payment and installments running up to 8 years. A reservation deposit of EGP 50,000 secures the unit. Prices are subject to change, so confirm the current list before committing.

That entry point places the project in the mid tier of New Cairo compounds rather than the premium tier. Neighbouring developments including Sira Compound, Wojoud Compound and Grounds Compound open between roughly EGP 4.4 million and EGP 4.8 million, while several other projects in the same radius start above EGP 5 million and EGP 6 million. The project therefore enters just above the cheapest cluster and comfortably below the upper band, which is the position most likely to attract first-time compound buyers priced out of the premium names.

Payment plan and reservation terms

ERG structured the payment system around a low barrier to entry rather than a short settlement period. The published terms are:

  • Contract down payment starting from 10% of the total unit value
  • Remaining balance installed over a period reaching 8 years
  • Reservation deposit of EGP 50,000 to hold a unit
  • Starting price of EGP 4,978,000, updated for 2026 and subject to revision

Pairing a 10% down payment with an eight-year horizon widens the pool of eligible buyers significantly, because the upfront cash requirement on an entry unit lands near EGP 498,000 rather than the EGP 1 million plus that a 20% or 25% scheme would demand. Investors who prefer to keep liquidity working elsewhere read the same terms as leverage. The trade-off is a longer commitment, so a buyer should model the instalment against expected income over the full eight years rather than against today’s salary alone.

Amenities and on-site services

ERG built the service package around three axes, leisure, security and continuous operation, so residents handle most daily needs inside the gates. The compound provides:

  • Wide landscaped green areas for walking and open-air activity
  • Dedicated barbecue zones for residents
  • An internal commercial district covering everyday shopping
  • Running and cycling tracks laid through the compound
  • Multi-sport courts for several games
  • Parking garages that keep vehicles off the frontage of the buildings
  • Electronic entry and exit gates regulating movement
  • 24/7 security and guarding with modern surveillance systems
  • Modern firefighting systems and backup electricity generators
  • Maintenance and cleaning teams operating seven days a week

The operational items on that list carry more weight than they usually get credit for. Backup generators and a permanent maintenance crew determine whether a compound still functions well in its fifth year, and they are the attributes most likely to protect resale value once the marketing phase ends. Electronic gates plus round-the-clock guarding also matter for landlords, because tenants in New Cairo consistently rank controlled access among their top requirements.

Read More: Compound Midtown New Cairo

Placing the retail district inside the walls changes the daily pattern of the compound. Residents who need groceries, a pharmacy or a café walk instead of driving onto the Suez Road, which reduces traffic through the gates and keeps the internal streets usable for the running and cycling tracks. The same shops give the commercial half of the 28 acres a captive customer base drawn from the residential half.

Finishing and handover: what is published and what is not

ERG has not published a confirmed handover year for this project in its listed project data, and the finishing specification for the residential units is likewise not stated in the developer’s released material. English listing portals quote conflicting delivery dates for the compound, which is a reason to treat any single figure with caution rather than to adopt it. Ask the sales team for the delivery date and the finishing level written into the contract, and check that both appear in the reservation form before paying the deposit.

This matters commercially as well as practically. A confirmed handover date sets the point at which rental income can start, and the finishing level determines how much additional capital a buyer needs beyond the purchase price. Neither figure should be assumed from a portal listing when the developer has not published it.

Is Eelaf Residence New Cairo a sound investment?

Three facts stated earlier support the value case. The compound holds Suez Road frontage next to the Ring Road, which serves owner-occupiers and tenants equally because both decide on access. The Fifth Settlement is a mature, densely populated district with an existing rental market, so a landlord is not waiting for infrastructure to arrive the way an early buyer in a newer city would be. And the entry price of EGP 4,978,000 sits below several neighbouring projects in the same radius, which leaves more room for value growth than buying at the top of a local band.

The 50% commercial allocation adds a second layer. Compounds with a functioning internal retail street tend to hold occupancy better than purely residential ones, because the shops keep the community active outside working hours and give tenants a reason to stay. ERG’s record since 2005 across residential, commercial and administrative assets in more than one governorate reduces the concentration risk that a single-project developer carries.

The project suits families searching for a New Cairo home on a budget near EGP 5 million, and investors targeting rental yield driven by district density and proximity to The American University in Cairo and the surrounding malls. It does not suit a buyer looking for a standalone villa, a private garden or a large land plot, because the released mix stops at apartments, duplexes and penthouses with no villa product. Anyone who needs a contractually fixed handover date before signing should also resolve that point first, since it is not published.

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

Frequently asked questions

Does Eelaf Residence New Cairo have villas?

Eelaf Residence Compound New Cairo does not offer standalone villas. The released mix covers apartments between 85 m² and 200 m², duplexes across two internal levels, and Zoomers Penthouse units of 155 m² to 290 m² inside the Signature phase, so buyers seeking a private garden should look elsewhere.

Read More: Compound Home Fifth Settlement, Residence New Cairo

How much is the reservation deposit at Eelaf Residence New Cairo?

The reservation deposit at Eelaf Residence Compound New Cairo is EGP 50,000, paid to hold a unit before contracting. The contract down payment then starts at 10% of the unit value, with the balance installed over a period reaching 8 years from an entry price of EGP 4,978,000.

When is the handover at Eelaf Residence New Cairo?

ERG Developments has not published a confirmed handover year for Eelaf Residence Compound New Cairo in its listed project data, and English portals quote conflicting dates. Request the delivery date in writing from the sales team and verify it appears in the contract before paying the EGP 50,000 reservation deposit.

The bottom line

Eelaf Residence Compound New Cairo combines Suez Road and Ring Road frontage, a 28-acre plan split evenly between homes and retail, and units from 85 m² apartments up to 290 m² penthouses. Entry at EGP 4,978,000 with 10% down and eight-year installments keeps it in the mid tier of the Fifth Settlement. To check the current price list or arrange a viewing, get in touch through the form on this page.

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