Compound O Nine October

Compound O Nine October is a mixed-use, low-density development by Miqaat Developments on the Gamal Abdel Nasser Axis in 6th of October City, combining apartments with administrative, commercial, and medical units across roughly 13 acres. The address is unusually easy to place: the project faces the Shooting Club and the Mercedes-Benz Ezz El Arab showroom directly, and Mall of Arabia sits about 500 metres away. That frontage is the single most distinctive attribute of the scheme, because very few gated residential projects in October occupy a plot this deep inside the city’s established service belt rather than on its expanding western edge.

Miqaat Developments is launching the project as its first scheme, and it has compensated for the absence of a delivery record by contracting Hassan Allam as main contractor, METRIK for the masterplan and engineering management, Vodafone for the digital infrastructure, and AXA for installment insurance. Apartments start from EGP 4,570,000 with a 0% down payment option and installments running up to 10 years, and handover is scheduled within 4 years on a semi-finished basis. This page sets out every verifiable attribute of the project, from unit sizes and 2026 price bands to the partner network, so that a buyer can judge it against the neighbouring October compounds on facts rather than brochure language.

Where exactly is Compound O Nine October?

Compound O Nine October sits directly on the Gamal Abdel Nasser Axis inside the residential districts of 6th of October City, facing the Shooting Club and the Mercedes-Benz Ezz El Arab dealership, about 500 metres from Mall of Arabia and a few minutes by car from the 26th of July Axis, the corridor that links October with Sheikh Zayed, Mohandessin, and central Cairo.

The Gamal Abdel Nasser Axis is an internal artery rather than a highway, which matters for daily life: it carries residents through the city’s older, fully serviced districts rather than around them. Juhayna Square and El Hosary Square, two of the busiest commercial nodes in October, lie within a short drive, as does Dar Al Fouad Hospital, one of the largest private hospitals in west Cairo. Mall of Egypt and the wider west Cairo road network extend the retail and leisure options beyond the immediate neighbourhood. Sales listings for the project also cite Nefertari and Al Hayat schools within about 2 minutes, and Misr University for Science and Technology, Nile University, and 6th of October University within about 3 minutes, with Suad Kafafi University Hospital at a similar distance.

Two transport projects give the location a medium-term upside that the current address does not yet price in. The Cairo Monorail and the high-speed electric train both have planned stations serving 6th of October, and property near new mass-transit stops in Greater Cairo has historically re-rated once services open. For a buyer who plans to hold the unit through the 4-year construction window, that timing aligns reasonably well with the expected opening of those lines.

Landmarks and distances around the project

• Shooting Club and Mercedes-Benz Ezz El Arab showroom: directly opposite the main frontage on the Gamal Abdel Nasser Axis.
• Mall of Arabia: about 500 metres, a walkable distance to one of the largest shopping and cinema complexes in west Cairo.
• 26th of July Axis: a few minutes by car, connecting October to Sheikh Zayed and central Cairo; the Wahat Road and the Ring Road are reachable from the same corridor.
• Juhayna Square and El Hosary Square: the two main commercial squares of October, minutes away.
• Dar Al Fouad Hospital and Suad Kafafi University Hospital: private and university medical care within a few minutes’ drive.
• Nefertari Schools, Al Hayat Schools, MUST, Nile University, and 6th of October University: about 2 to 3 minutes, according to sales listings.
• Planned Monorail and high-speed electric train stations: future mass-transit access for the district.

The project’s immediate neighbours include established compounds such as Aqmar October and Elm Tree October, with West Days October and Zat Community October in the same market band. Starting prices in comparable October compounds currently cluster between roughly EGP 3.7 million and EGP 5 million, which places the EGP 4,570,000 entry point of Compound O Nine October inside the local range rather than above it. Being surrounded by mature compounds also means the schools, clinics, and retail around the plot already operate, unlike the newer projects on the western fringe of October where services typically lag delivery by several years.

Miqaat Developments and the partner network behind the project

Miqaat Developments is a newly formed Egyptian developer headquartered in the Clubs District of 6th of October City, and Compound O Nine October is its debut launch. The company has since announced a second scheme, SIRA Community in New Cairo, on the American University Axis in Al Andalus district, which indicates a strategy of small, low-density boutique projects in established districts rather than large land banks on the outskirts. A developer with no completed project carries an execution risk that a buyer should weigh explicitly, and Miqaat’s answer to that risk is the structure of its contractor and consultant team.

Hassan Allam, one of the largest engineering and construction groups in Egypt, holds the main construction contract, which is the most consequential appointment on the list because construction stalls are the usual failure mode for first-time developers. METRIK prepared the masterplan and handles engineering management, separating design authority from the contractor and adding a layer of technical oversight. Vodafone supplies the smart infrastructure and connectivity backbone, and AXA underwrites installment-payment insurance for buyers, a product that protects a purchaser’s payment schedule if their circumstances change and that remains rare among new Egyptian developers. Sales documentation also names MAAP as electromechanical consultant, HZ as structural consultant, and DMA for construction supervision, and cites ministerial decision 1324 dated 19 November 2025 as the project’s approval reference, which buyers should verify against the contract.

Masterplan: 9 buildings on 13 acres with a 14% footprint

The masterplan spreads 9 buildings across approximately 13 acres, about 54,600 m², with each building rising to a ground floor plus 7 typical floors. The scheme holds around 432 units in total, split between apartments and the administrative, commercial, and medical spaces that sit within the same block. Buildings occupy only 14% of the land, leaving 86% for landscaping, gardens, and open ground, and the plot loading ratio stands at 16%, a figure that translates into wide gaps between facades and fewer households per lift core than in the high-density towers along the same axis.

METRIK organised the buildings around a large central plaza so that the inward-facing apartments look onto landscaped ground rather than a neighbouring wall, and pedestrian routes are separated from vehicle circulation. Sales agents describe an underground basement with capacity for roughly 550 cars, which would remove parking from the surface entirely and is consistent with the 86% open-space figure. Rooftop terraces, high ceilings, and floor-to-ceiling glazing appear across the unit designs, and the low building height means upper-floor units keep an unobstructed view over the landscape without a taller block nearby.

A 14% built-up ratio is among the lowest currently marketed in 6th of October compounds, and it has two practical consequences. Fewer units per acre means relative scarcity when the project reaches resale, and the low loading on shared services such as lifts, water, and security tends to hold maintenance quality steady as the community matures. The trade-off is that a boutique scheme of 432 units cannot support the scale of amenity a 500-acre city-style compound offers, so buyers comparing this scheme to the large master-planned communities in west Cairo are comparing a different product.

Unit types and sizes at Compound O Nine October

The residential offer at Compound O Nine October is apartments only, ranging from one to three bedrooms, with certain three-bedroom layouts adding a maid’s room. Alongside the apartments, the developer sells administrative offices, retail units, and medical clinics inside the same block, so the project addresses both an end-user and a commercial investor. There are no villas, townhouses, or duplexes in the current release. The table below summarises the current sizes, installment prices, and average price per square metre by apartment type.

One-bedroom apartments of 84 to 86 m² suit a single professional, a couple buying a first home, or an investor who wants a small, liquid rental unit close to Mall of Arabia and the universities. A one-bedroom layout typically comprises a master bedroom, living area, kitchen, bathroom, and an open terrace. The two-bedroom apartments run from 126 to 147 m² in the current release, with smaller 119 m² layouts in the broader plan, and pair a second bedroom and second bathroom with a terrace facing the green areas, which matches the needs of a young family. Three-bedroom apartments span 145 to 183 m², reaching 187 m² in the largest plans, and combine three bedrooms with two or more bathrooms, multiple terraces, and in some cases a maid’s room, making them the closest substitute for a townhouse within a project that does not build any.

The commercial, administrative, and medical units change the investment logic of the scheme. A clinic or office inside a residential community with 432 households and a frontage on a main axis draws its first tenants from the residents themselves and from the traffic passing the Shooting Club and Mall of Arabia, which shortens the leasing period compared with a standalone office building. For a buyer assembling a small portfolio, the project offers a residential unit for capital growth and a commercial unit for operating income under one address and one facility-management regime.

Read More: Compound Hom October Gardens

How much is the price per metre at Compound O Nine October?

The price per metre at Compound O Nine October averages EGP 54,500 for one-bedroom apartments, EGP 56,000 for two-bedroom apartments, and EGP 57,500 for three-bedroom apartments, with the exact figure depending on floor level and the unit’s view over the central landscape. Prices were updated for 2026 and apply to installment purchases of up to 10 years.

Total unit prices begin at EGP 4,570,000 for the smallest one-bedroom apartment and top out at EGP 10,407,000 for the largest three-bedroom layout. Several listings still circulate earlier launch figures of EGP 4,200,000 and a price per metre in the EGP 47,000 to 48,000 range; those were the opening-phase numbers, and the current release has moved about 8% to 15% above them, which is a useful data point on how the project has repriced since launch. Against the wider October market, where new-launch compounds are asking anywhere from the mid-40,000s to above EGP 70,000 per metre depending on developer and location, the project sits in the middle of the band while offering a lower density than most of its price peers.

Read More: Compound Ashgar City October

Payment plans, down payment, and installments

Miqaat Developments structured the payment plans around a very low entry: the headline offer is a 0% down payment with installments over 6 years, and the longest schedule stretches to 10 years. Every plan begins with a reservation deposit of EGP 50,000, and maintenance is charged at 8% of the unit value. The plans available in the current release are:

• 0% down payment, with the full price paid in equal installments over 6 years, for buyers who want the lowest possible initial outlay.
• 5% down payment, with the balance over 7 years, balancing a modest first payment against a slightly longer term.
• 10% down payment plus a further 10% after 3 months, with the remaining 80% spread over 10 years, the longest schedule on offer.
• Full cash payment, which qualifies for a discount of up to 35% off the installment price.
• Reservation deposit of EGP 50,000 and a maintenance charge of 8% apply across all plans.

Sales channels have also advertised intermediate schedules, such as 5% plus 5% after 3 months over 8 years, and 7.5% plus 7.5% after 3 months over 9 years, so buyers should ask which combinations remain open at the time of contracting. Two features distinguish this plan set from neighbouring launches. The AXA installment insurance covers the buyer’s remaining schedule in defined circumstances, which turns a 10-year commitment into a lower-risk obligation for a household with a single income. And the 35% cash discount is large by Egyptian market standards, which effectively prices the 10-year plan at a substantial premium over cash and rewards buyers with liquidity.

On a worked example, a one-bedroom apartment at EGP 4,570,000 on the 0% down, 6-year plan implies roughly EGP 63,500 per month, while the same unit on the 10-year plan after the two 10% payments of EGP 457,000 each implies about EGP 30,500 per month. Rents for comparable one-bedroom apartments near Mall of Arabia are meaningfully lower than the first figure but approach the second, which is why the 10-year plan is the one most owner-occupiers select.

Delivery timeline and semi-finished handover

Handover is scheduled within 4 years of contracting, which sales channels place around 2029 for buyers reserving now. Units are delivered semi-finished, meaning plastered walls, installed windows and doors, and the primary utility connections, with flooring, paint, kitchen, and bathroom fit-out left to the owner. Miqaat has not published a delay penalty clause in its marketing material, so buyers should confirm the compensation terms for late delivery in the preliminary sales contract before signing.

The semi-finished format lowers the sticker price and gives the owner control over finishing quality and budget, which suits an investor who intends to resell before or at handover, since the buyer at that point typically prefers to fit out to their own taste. It suits an owner-occupier less well if they need to move in immediately, because finishing an 85 m² apartment adds several months and a further budget after the keys are handed over. A 4-year window is on the longer side for a 9-building scheme of this size, and it is the point most often raised as a drawback by prospective buyers, though it also means the construction period overlaps with the district’s transit upgrades.

Amenities and services inside the compound

The amenity programme reflects the boutique scale of the project: it concentrates on landscaping, fitness, security, and daily retail rather than a sprawling sports club. Green areas and gardens cover 86% of the site, threaded with walking and jogging tracks that connect the 9 buildings. The developer’s published facilities include:

• Landscaped gardens and open lawns across 86% of the 13-acre site, arranged around a central plaza.
• Gym and fitness facilities, described in sales material as including an outdoor gym and a yoga and meditation zone.
• Sports courts plus dedicated running and cycling tracks separated from car traffic.
• An on-site commercial strip with shops, cafes, and restaurants, in addition to the office and clinic units sold to investors.
• 24/7 security with surveillance cameras, electronic gates at the entrances, and a guarded perimeter.
• Secure, equipped children’s play areas and a community hub for resident gatherings and events.
• Organised parking, reported as an underground basement for about 550 cars, with electric-vehicle charging points and a barbecue area listed in the sales brochure.

Vodafone’s involvement points to a smart-community layer, covering connectivity, access control, and building management, although the developer has not itemised the systems. Some agents list swimming pools and a clubhouse with spa, but these do not appear in the developer’s core facility list and should be confirmed directly. What the project clearly offers is a maintenance regime funded by the 8% charge and a retail and medical strip that lets residents cover routine needs without leaving the gate, a genuine convenience given the traffic on the surrounding axes at peak hours.

Investment analysis: what the facts support

Three attributes drive the investment case for Compound O Nine October, and each rests on a stated fact. First, the frontage on the Gamal Abdel Nasser Axis opposite the Shooting Club, 500 metres from Mall of Arabia, is a location that cannot be replicated by new land releases in October, since the surrounding parcels are already built. Second, the 14% built-up ratio and 432-unit count create a supply ceiling at resale. Third, the planned Monorail and high-speed rail stations give the district an external catalyst that coincides with the 4-year construction period, so a buyer who purchases off-plan at 2026 prices is positioned to sell or let into a market with better transit than today’s.

On the risk side, Miqaat Developments has no completed project, and buyers should treat the Hassan Allam contract, the METRIK engineering role, and the AXA insurance as the relevant mitigants rather than as marketing. Resale before handover is permitted in principle under standard Egyptian off-plan contracts, subject to the developer’s assignment fee and to a minimum share of the price having been paid, and the semi-finished format makes an early resale easier because the next buyer inherits a blank interior. Rental yields for one-bedroom apartments in central October near Mall of Arabia have generally run higher than for larger family units, which favours the 84 to 86 m² apartments for a pure income strategy, while the three-bedroom units up to 187 m² target the family end-user market that dominates demand in this part of the city.

The project suits a buyer with a budget starting around EGP 4.5 million who wants a low-density apartment in a fully serviced part of west Cairo, whether to live in or to let, and it suits a small investor who wants a clinic or office with a captive resident base. It does not suit anyone seeking a villa, townhouse, or immediate occupancy, and the 35% gap between cash and installment pricing means a buyer on the longest plan is paying a real financing cost. This analysis is guidance only and not investment advice.

Frequently asked questions about Compound O Nine October

Does Compound O Nine October offer villas, or apartments only?

Compound O Nine October offers apartments only on the residential side, from one-bedroom units of 84 m² to three-bedroom units of up to 187 m², some with a maid’s room. There are no villas, townhouses, or duplexes. The same block also contains administrative, retail, and medical units for sale to investors.

What are the disadvantages of Compound O Nine October?

Compound O Nine October has three drawbacks buyers most often raise: the developer has no completed project yet, handover takes about 4 years, and units arrive semi-finished rather than ready to move into. The mitigants are the Hassan Allam construction contract, the AXA installment insurance, and the finishing freedom the semi-finished format gives the owner.

Read More: Compound Jiran Residence October Gardens

Is the reservation deposit at Compound O Nine October refundable?

Compound O Nine October takes a reservation deposit of EGP 50,000 to hold a unit before contracting, and the developer’s sales channels describe it as refundable if the buyer does not proceed. The deposit is deducted from the first payment on signing, and the refund window and conditions should be confirmed in writing at reservation.

Summary

Compound O Nine October pairs a frontage on the Gamal Abdel Nasser Axis opposite the Shooting Club with a 14% footprint on 13 acres, a Hassan Allam and METRIK delivery team, and 2026 pricing from EGP 4,570,000 on plans that start at 0% down and run to 10 years. For a buyer who values location depth and low density over villa options, it is one of the more defensible apartment purchases in central October. To check current availability or request updated prices, send a request through the contact form on this page.