Compound Greya New Cairo hands over its apartments fully finished, furnished, and fitted with air conditioning, which is the single detail that separates it from almost every other launch on 90th Street. El Baron Developments built the project on a 4,200 m² plot in the heart of New Cairo (Fifth Settlement), used only 40% of that land for buildings, and left the balance to landscaping and open space. Buyers therefore compare a move-in-ready unit against neighbouring compounds that hand over semi-finished shells, and that comparison decides whether the entry price of EGP 7,888,000 reads as expensive or as fair.
The scheme mixes conventional residential apartments with hotel-style serviced studios, sized from 42 m² for a studio up to 110 m² for a two-bedroom home. Handover is scheduled during 2027, payment runs from a 10% down payment across five years, and extended plans stretch to eight years. This page sets out every published attribute of the project, the arithmetic behind its price per metre, and where it sits against the compounds around it.
What handover actually includes at Compound Greya New Cairo
El Baron Developments delivers each unit under a full finishing specification that covers furniture and air-conditioning units, so the apartment functions as a home or as a rental asset on the day the keys change hands. Most launches in the same price band on 90th Street deliver semi-finished, leaving the buyer to fund flooring, kitchens, bathrooms, air conditioning, and furniture before the unit can be occupied. That fit-out spend routinely adds a meaningful percentage to the real cost of a New Cairo apartment, and it lands after the buyer has already committed to an installment schedule.
The practical effect falls hardest on the investor. A furnished, air-conditioned unit can be listed for lease the week it is received, while a semi-finished neighbour sits idle for months of contracting work. Construction on the project started in 2024 and the delivery schedule points to 2027, which places the handover cycle roughly three years from contract for buyers signing now.
Unit types, sizes, and prices inside the compound
The unit mix stays deliberately narrow. There are no villas, townhouses, or duplexes here, only studios and one and two-bedroom apartments, which suits a compact plot and keeps the buyer profile concentrated on individuals, couples, small families, and landlords. The published sizes and installment prices break down as follows.
| Unit type | Bedrooms | Size (m²) | Price on installments (EGP) |
|---|---|---|---|
| Studio | Studio layout | From 42 | By size and floor level |
| Apartment | 1 bedroom | 68 to 91 | 7,888,000 to 13,310,000 |
| Apartment | 2 bedrooms | 94 to 110 | From 11,750,000 |
Studios open at 42 m² and target single occupiers and short to medium-term rental strategies, which is exactly what the serviced-studio component of the masterplan was designed around. One-bedroom apartments span 68 to 91 m², a range wide enough that two units with the same bedroom count can differ by more than EGP 5 million depending on floor, view, and position within the plot. Two-bedroom homes run from 94 to 110 m² and carry the smallest size spread, which makes them the most predictable resale product in the compound.
Prices were last updated in June 2026 and apply to the installment schedule rather than a cash purchase. Because every quoted figure already includes furniture and air conditioning, the headline number is not directly comparable with a semi-finished quote from a competing developer until the fit-out cost is added to that competitor’s price.
Payment plans and reservation terms
El Baron Developments published more than one route to ownership so that the down payment can be matched to the buyer’s liquidity rather than the other way round.
- 10% down payment, with the balance installed over 5 years.
- 50% down payment, with the balance installed over 2 years.
- Extended installment plans reaching 8 years, depending on the unit and the size of the down payment.
The 10% entry point is the plan that widens the buyer pool, because it puts a furnished apartment on 90th Street within reach of roughly EGP 789,000 of upfront cash on the entry unit. The 50% option works in the opposite direction, compressing the commitment to two years for buyers who hold cash and want the liability closed before handover. Between those two, the eight-year structures reduce the monthly installment at the cost of a longer exposure to the schedule, which matters most to salaried buyers pricing the unit against monthly income rather than against total capital.
The site on 90th Street and the entities around it
The project fronts directly onto 90th Street, the commercial and residential spine of the Fifth Settlement inside the area agents market as the Golden Square. 90th Street carries the district’s densest concentration of schools, clinics, banks, restaurants, and retail, and it feeds the exit routes toward the Ring Road, the Cairo Suez Desert Road, and the corridor to the New Administrative Capital. A plot on the street itself, rather than on a feeder road behind it, is the difference between daily services being a two-minute walk and being a fifteen-minute drive.
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- Wadi Degla Club New Cairo, one of the district’s largest sporting clubs: about 5 minutes by car.
- The American University in Cairo, the anchor institution of the Fifth Settlement: a short distance along the 90th Street corridor.
- Al Rehab City, the established residential city east of the settlement: a few minutes through the main axes.
- Palm Hills New Cairo and Mivida, two of the district’s benchmark compounds: minutes away.
- District 5 and G7 Mall, an immediate residential and retail neighbour.
Naming those neighbours is not decoration. Palm Hills New Cairo, Mivida, and District 5 set the price ceiling and the resident profile for this stretch of the Fifth Settlement, and a small project inserted between them inherits that neighbourhood positioning without carrying the land cost of a large-format compound. The proximity to the American University matters for a different reason. It sustains a steady tenant pool of academics, students, and staff who rent furnished one-bedroom units and studios, which is the exact product this project delivers.
A 4,200 m² plot built at 40%
The total land area reaches roughly 4,200 m², a little over one acre, which places the project firmly in the boutique category rather than among the large gated cities of New Cairo. El Baron Developments capped construction at 40% of that plot, so the built footprint covers about 1,680 m² and roughly 2,520 m² remain for landscaping, green areas, and circulation. On a compact site, that ratio is what protects daylight, sightlines, and privacy between blocks instead of packing the boundary.
Design was assigned to consulting engineer Mohamed Talaat, whose practice is among the recognised architectural offices working across the Egyptian market. Each residential building is laid out as a garage level, a ground floor, two upper floors, and a roof level, a low-rise arrangement that keeps the number of neighbours per core small. The masterplan pairs the standard residential apartments with hotel-style serviced studios, so a single address serves both long-term residents and shorter-stay tenants.
A small plot also changes the ownership arithmetic after handover. Fewer units share the service charge base, and a low-rise, low-density layout keeps the maintenance burden simpler than a high-rise scheme with lifts serving dozens of floors. The trade-off is scale. Buyers who want kilometres of internal roads, a golf course, or a private lake will find the format of this project deliberately smaller.
Amenities and services on site
The facilities were programmed so that daily needs are met inside the gates. They divide into commercial, leisure and sports, family, and security and continuity categories.
- A large commercial area covering shopping and everyday requirements.
- A social club housing a gym, a spa, and a jacuzzi.
- Swimming pools and equipped sports courts.
- Dedicated cycling and walking tracks separated from the road network.
- A kids zone set aside for children’s play and activities.
- A large mosque for daily prayers.
- Underground parking beneath the buildings.
- Security personnel and surveillance cameras operating 24/7.
- Modern fire suppression systems throughout the buildings.
- Standby power generators covering grid outages.
- Maintenance and cleaning teams working around the clock, seven days a week.
Two entries in that list deserve more weight than a brochure normally gives them. Parking placed under the buildings removes surface car storage from a plot that only has about 2,520 m² of open ground to begin with, which is why the landscaping survives at all. Standby generators and a modern fire system are continuity infrastructure rather than lifestyle features, and on a serviced-studio product where tenants turn over frequently, uninterrupted services protect the rental income directly.
El Baron Developments and the move into residential
El Baron Developments has traded in the Egyptian market for two decades and has executed close to 135 projects, the large majority of them in Nasr City, under chairman Eng. Hazem Zarif. Its historical specialism sits in commercial and administrative towers rather than gated residential communities, and its portfolio includes Vigor Mall in the New Administrative Capital. This project is the company’s first residential compound in the Fifth Settlement, which makes it a genuine change of category rather than another repetition of a familiar product.
For a buyer, the developer record cuts two ways. A twenty-year execution history across roughly 135 completed schemes means the company has survived several market cycles, has established contractor relationships, and understands construction and handover logistics, all of which lowers the risk of stalling. Against that, this is a first residential delivery in this district, so there is no earlier compound by the same developer in New Cairo whose finishing quality and post-handover facility management a buyer can walk through and inspect before signing.
Who the project suits, and who it does not
The investment case rests on three stated facts working together: a frontage position on 90th Street in the most transacted part of New Cairo, a 40% built ratio that leaves the majority of the plot open, and a handover specification that includes furniture and air conditioning. Combined, they produce a unit that can be leased immediately in a location with permanent tenant demand from the American University corridor and the surrounding corporate offices. Small furnished units in that catchment are the most liquid rental product in the district, and liquidity is what supports both yield and resale.
The profile fits buyers with a budget starting near EGP 8 million who want a ready home or a rental unit in a central position, and it fits investors targeting a studio or one-bedroom apartment with fast leasing turnover. It does not fit buyers looking for a standalone villa, a townhouse, or a large family home, because the mix stops at 110 m². It also does not suit anyone who needs immediate occupancy, since handover runs to 2027 rather than to a ready or resale unit.
Read More: Compound 90 Avenue Fifth Settlement, New Cairo
This analysis is guidance for evaluating the project and is not investment advice.
How the entry price compares with nearby compounds
Starting prices across the neighbouring New Cairo and Mostakbal City compounds spread widely, from around EGP 6.5 million in schemes such as The Reed Residence and Avira Residence up to roughly EGP 10.5 million in Lash Valley. The entry point of EGP 7,888,000 lands close to the middle of that band. The decisive variable is finishing. Where those competitors hand over semi-finished units and leave fit-out to the buyer, this project delivers furnished and air-conditioned homes, so the gap in the final cost of a habitable unit is narrower than the headline prices suggest.
Frequently asked questions
How much is the price per meter at Compound Greya New Cairo?
The price per meter at Compound Greya New Cairo works out between roughly EGP 107,000 and EGP 146,000 across the published sizes and installment prices, clustering near EGP 125,000 for a typical unit. Figures were updated in June 2026 and cover a fully furnished, air-conditioned handover.
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When does Compound Greya New Cairo deliver?
Compound Greya New Cairo hands over during 2027, with construction having started in 2024. Buyers reserve on a 10% down payment across five years or a 50% down payment across two years, and extended plans run to eight years, so installments continue past the handover date.
Are the units at Compound Greya New Cairo delivered furnished?
Units at Compound Greya New Cairo are delivered fully finished, furnished, and fitted with air conditioning. No additional fit-out contract is required before occupation or leasing, which removes the flooring, kitchen, and furniture spend that a semi-finished apartment in the same district still carries after handover.
Who is the developer of Compound Greya New Cairo?
The developer of Compound Greya New Cairo is El Baron Developments, a company with two decades in the Egyptian market and close to 135 projects, chaired by Eng. Hazem Zarif. Its portfolio centres on Nasr City towers and includes Vigor Mall in the New Administrative Capital.
The verdict
The compound combines a 90th Street address, a 4,200 m² plot built at only 40%, and a furnished, air-conditioned handover during 2027 at prices opening from EGP 7,888,000 with installments reaching eight years. That package targets the buyer who wants a ready unit in central New Cairo rather than land area. To confirm current availability and pricing or to arrange a viewing, send your details through the form on this page.